In need of some advice/guidance

[Christian Licata]

Hi, im 22 years old and I have the resources to get stated in real estate by buying a foreclosure and rehabbing it. The problem I’m facing is that I’m having trouble just doing it. I think i’m experiencing some anaylysis paralysis (the feeling of being unable to start something due to overthinking and/or over researching the situation.) So I guess my question is how did you guys just take the leap and just do it when it comes to this? Any advice and hearing your experiences would be great, thank you!

[Ryan McCombs]

Hey! First off, it's awesome that you're in a position to get started in real estate at 22. That's a huge accomplishment already. I totally get where you're coming from with the analysis paralysis—it's something we definitely faced when we started so I get it.

For me, what helped was realizing that no matter how much I researched, there would always be some level of uncertainty. You can plan all you want, but at some point, you just have to trust yourself and make that leap. I started by setting a deadline for when I needed to make a decision. Having that deadline pushed me to stop overthinking and start taking action.

Another thing that helped was breaking down the process into smaller, more manageable steps. Instead of focusing on the entire project, I’d ask myself, “What’s the first small thing I can do to move forward?” Whether it was making an offer, scheduling a home inspection, or just visiting the property again, taking one step at a time made the whole process feel less overwhelming. Keep things as organized as possible too, so you don't miss anything and that will help create a system for future deals, making it easier each time. 

Hearing stories from others who were in similar situations was also a big motivator for me. I found that most people who were successful in real estate didn’t start with everything figured out—they learned a lot along the way. So, just know that it’s okay not to have all the answers right now. The important part is getting started.

If you’re still feeling stuck, maybe try connecting with a mentor or someone who’s been through it. If you can't offer them a payment, offer them some other value to their business and see if they accept it. Sometimes just talking it out with someone who’s done it before can give you the confidence boost you need.

In the end, you'll have to learn mostly from experience on your own and through others. We've made mistakes along the way, but nothing so detrimental it put it us out of business. It only made us better at what we do.