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Updated almost 4 years ago on . Most recent reply
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Analysis Paralysis or Just bad deals?
I guess I don't understand what Analysis Paralysis is. Is it the inability to find a deal? Or you just find deal after deal and you don't pull the trigger? I'm in a really crappy market (Brevard County, Fl) for BRRRRs/Rentals right now, but that's not really suppose to matter. I keep using the BRRRR and rental calculator but I just can't get any property to cash flow. Is this something I'm doing wrong with the numbers, or is it I just haven't found the deals??
Most Popular Reply
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You don't want to jump into a bad deal just to make something happen. Keep evaluating properties, and make offers on properties with the numbers that work, even if that means your offers get rejected.
It may also be worth looking in different ways for properties, off market properties, work with wholesalers, try and find direct sellers, probate, etc... that may be a source for better deals.
Good Luck! Aaron