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Updated over 5 years ago on . Most recent reply
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Extreme newbie looking to get started
First off, hellos everyone. I am an extreme newbie in this world. I have been very interested in rental property investment for some time and have been doing a lot of self learning from BP, Ramsey and just about anywhere I can learn something from. I’m terrified in taking the first step, the risk makes me so nervous.
We found a duplex we are interested in that is affordable not too far from us. I have been doing all the market analytics, running spread sheets, cash flow calculators, etc. My question to the community is what made you jump and take the leap to that first deal? What gave you that confidence and how did make it happen. Is there anything you could tell your newbie self what you know now with experience?
I am a firefighter paramedic by trade and finance and investment is all new to me. I want to succeed with calculated risk! Please teach me I am a sponge! Thanks!