Our initial roadmap for starting out

[Travis Franzoy]

Discovered Biggerpockets from one of Brandon's Youtube videos when I was trying to answer the question on whether we needed to join Lifestyles Unlimited or not as new investors.  He answered the question in the video stating that you can learn most of this on your own without paying some Guru to teach you by doing the following:

Listen to 100 podcasts on Real Estate Investing

Read 15 Real Estate Investing books

Engage in 100 conversations in the BiggerPockets forums

Take 12 Investors to lunch

Analyze 100 deals

Tour 12 open houses

Attend 3 meet-ups

Spend less than 70% of your current income

My wife and I started the process May 11th and our goal is to complete this list by Oct 15th of this year, not splitting the list between us but both completing the full list independently.  Any other ideas of things we should work on?

[Michael Carbonare]

All of that listening, reading, analyzing, lunch dates, etc takes you down the path to Paralysis of Analysis, a virus worse than this WuFlu scamdemic. Book smarts make interesting conversations; street smarts make money.  Market, talk to homeowners, break out of your comfort zone.  You'll find yourself infinitely further ahead than the "I've watched 310 podcasts so far. . ." crowd.