Nervous Newbie from Sacramento CA

[Tommy Johnson]

Hi everyone, so I recently discovered BP and I have been addicted ever since. But let me go over my thoughts. I have been wanting to invest in real estate for 10 plus years now but I have not had the confidence to actually follow through. I actually bought a home in 2011 that I lived in. I got married in 2012 and have been renting out this 3/2 in the Sacramento Ca area since then. The tenants have been good but one day I received a call on Christmas Eve about the toilets backing up...Total sewer replacement for 6k 😢. Ouch. I owe 95k and the houses in the area are now going for 300k +....now is the time, I really want to do it. I want to do a 1031 and with that equity I should be able to get a multi family home. Today I am going to contact a real estate agent...but hold on let me read some more blogs, and listen to more podcasts. I need to be ready, I don't want to make a mistake. Each podcast is so informative, and I feel ready to finally change my life. But change is scary, I have been in the same job that I don't like for 18 years. Ok let's do this this time, I'm ready to do this!! Wait, I need to find a mentor, I have other stuff to do. Dammit I keep sabotaging myself. I'm going to write down some realistic goals, I can do this! I need to do this! I know others feel this way, I'm glad I can see it in the posts. Anyways so glad I found this community, I feel that with the support this time will truly be different.