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Updated about 8 years ago on . Most recent reply

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Alan Brouillette
  • Real Estate Professional
  • Pawtucket, RI
3
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3
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Throwing myself out there...

Alan Brouillette
  • Real Estate Professional
  • Pawtucket, RI
Posted

Hello Bigger Pockets Community!!

   My name is Alan,from Pawtucket Rhode Island, and although I've been a member for quite awhile now I have never posted in the forum's.  I have been working, slowly, in trying to get into the wholesale and flipping game. Most of my setbacks are due to analysis paralysis and the fear of goofing up, I am trying to get over that initial fear and just charge ahead, I have been close to getting a few deals done but wasn't able to pull the trigger.

   My main purpose for this post is to reach out and possibly start meeting up with local member's one on one, I have been to one RIREIG meeting and want to get to more as I move forward. 

    As a side note, I do have buyers looking for off market big unit properties ( 50+ units) in Rhode Island, Massachusetts, and Connecticut. 

Thank you for your time in reading my post and I look forward to networking with fellow BP'ers!

Alan Brouillette

Most Popular Reply

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1,456
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Anthony Thompson
Pro Member
  • Buy and Hold Investor
  • Cranston, RI
1,400
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1,456
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Anthony Thompson
Pro Member
  • Buy and Hold Investor
  • Cranston, RI
Replied

For what it's worth, the fear never completely goes away. At every single closing, I'm reminded of the old maxim, "the two happiest days in real estate are the day you buy a property and the day you sell it" - and usually the seller has the wider grin.

No matter how good the deal, there's always a hint of "buyer's remorse" - you always wonder, why did I get such a good deal? Is there something hidden I didn't catch in my due diligence, is something major about to go, etc.?

The best way to reduce it is to be very thorough in your due diligence (investigating the property and situation), but it never truly goes away - at least it hasn't for me!

  • Anthony Thompson
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