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Updated over 4 years ago on . Most recent reply

User Stats

18
Posts
5
Votes
Luis Roman
  • Rental Property Investor
5
Votes |
18
Posts

I’m looking to get started but feel “stuck”

Luis Roman
  • Rental Property Investor
Posted

I’m working on my credit and savings but I want to get started, how ? I feel like I should be doing something already....

Most Popular Reply

User Stats

17
Posts
14
Votes
Adam Chmielewski
  • New to Real Estate
  • Port Washington, WI
14
Votes |
17
Posts
Adam Chmielewski
  • New to Real Estate
  • Port Washington, WI
Replied

With anything new, there is always something to do. I just discovered BP in July and have fully committed to learning as much as I can. I have decent credit but not enough capital. Instead of settling for waiting for a year or two or five for the right time, I decided to set a hard goal of summer 2021 to aquire my first property. This pushes me everyday and keeps me motivated. I picked up a second job to raise capital and I am on track to have enough for a down payment on my target property. I am not saying that another job is right for everyone, but it was something I could implement to reach my goals.

On top of that, I am reading when I can and talking to locals in my area trying to network a little on the weekends. I am very clear with my timelines with realtors so their is no false expectations or them feeling like I am wasting their time. You never know where a deal might come from, so I hope can push luck in my favor

I am in the boat where I feel I do not belong, which is a different face of the same feeling of being stuck. I just remind myself its a lot easier to talk myself out of something than actually doing it. 

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