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Updated over 2 years ago on . Most recent reply

User Stats

7
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4
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Oliver Dow
  • Financial Advisor
  • Miami, FL
4
Votes |
7
Posts

Stuck in analysis paralysis. Need advice to take the next step.

Oliver Dow
  • Financial Advisor
  • Miami, FL
Posted

Hello everyone,

I’ve been studying real estate investing for quite some time now, but can’t seem to take the next step of actually investing. I am currently based in miami and have been looking into multifamily investing for over 4 years now… i know, its been a long time.

I have studied all of the different real estate investing strategies and valuation methods and feel very confident with my number skills, but struggle immensely with narrowing down markets and the strategy that i should choose. I get overwhelmed by the never ending amount of states, cities, counties and neighborhoods, and the different variations of investing such as flipping, renting (short or long term), developing, value add, wholesaling, or buying flat out land.

At this point i have managed to save up some cash and have the thirst of getting started. I would greatly appreciate if anyone with past investing experience would be able to jump on a call, or connect via email to help me make that next step and help me get the final boost of confidence i need to finally begin the real estate investing journey.

Thank you readers, for taking the time to help a fellow frustrated investment wannabe.

Best,

Oliver.

Most Popular Reply

User Stats

9,861
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5,555
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Eliott Elias
  • Investor
  • Austin, TX
5,555
Votes |
9,861
Posts
Eliott Elias
  • Investor
  • Austin, TX
Replied

Stop studying and start doing. Your properties will never be perfect, there will always be hiccups and there will be times where you will even lose money, it's all part of the game. If you spend 4 years in analysis paralysis you're going to have unrealistic expectations 

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