How Soon is Too Soon?

[Matt Byrne]

Hey everyone, 

I am a new investor who's in the learning phase of my real estate ventures, and have a definite sense of urgency to act. Over the past few months, I've been doing a lot to build my knowledge, and am wondering: how long did you study and analyze before completing your first deal? Would you recommend that newbies jump in sooner rather than later, or do you think it's better to wait 6 months, a year, two years, etc.? A lot of posts I've read say that the best way to learn is to jump in and get your first property, but I also understand that many investors make impulsive decisions and that can potentially prevent someone from future success. I appreciate any feedback!