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Updated almost 15 years ago,
When does the nervousness end??
Here is the story. I have completed 5 sfr deals and am playing the buy and hold game. I like it so far and feel it is working out well. Each of the properties are cash flow positive because I stuck with the conservative 50% expenses analysis and 2% rents guidelines explained on this site.
My problem is that I am closing on a 6th property in a few weeks that is the same as every other property I have, but I still get the nervous feeling moving towards closing that I got on my very first deal and every deal after that. I can not figure out what my problem is.
When does the nervous feelings go away. I have a strict system and am simply adding properties to a system I already have in place and have seen success now that I have 5 properties. Can some of you more experienced landlords chime in and tell me when the nervousness went away for them. 2 props, 5 props, 10 props. It is funny because once I close, it is business as usual.
Let's hear from all the big dogs out there.