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Updated almost 7 years ago,
FOCUS is saying "NO!"
So I am a newbie to REI and and have been digging through the Bigger Pockets Podcast archives and found a gem:
From Tragedy to Broke to $400,000 a Month...
As a newbie things got more crystal clear for me on that podcast. I realize that I'm almost completely "paralyzed" because there are so many ways to do deals, subject to, wraps, flips, wholesale, wholetail, etc.
Prior to listening to that podcast I had a certain level of frustration because I don't find any of this to be rocket science but it's not like anything I've done in the past where I can just "go" ASAP.
Did door to door sales out of HS, two hours of training, GO. Wanted to build a software company, formed a team, GO. Wanted to start an internet business and become the "Tai Lopez" of my niche, GO. Now... want to do REI...errr... ummm.... "maybe I should do more reading." "Maybe I should get a real estate license first." "Maybe I should just start by buying and holding a rental property with my wife..." I've been telling myself everything except GO.
This podcast was a game changer for me because now I know that I'm one step closer to GOING!
All I have to do is pick a lane. Commit to it. Stick to it. Master it. Am I doing flips? Am I doing wholesales? Am I doing sub to?
I feel so much more empowered because all I have to do now is some qualitative analysis and pick a lane based on my own personal goals. This guy had people flipping all around him, he said; "no." People were doing multi family / unit apt deals, he said "NO." He's crushing it.
FOCUS IS SAYING "NO" - Steve Jobs...
This Bigger Pockets thing from podcast to forum is simply amazing.