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Updated over 3 years ago on . Most recent reply
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First Post— Overcoming Fear/House Hacking
Hi All! My name is Joey Gorombey, and I found Bigger Pockets through "How to Invest in Real Estate." I've read the book, and am brand new to real estate investing. It seems like house hacking is how I want to begin my journey, and I'm interested in purchasing cash flow positive multi family properties. For my current financial situation, an FHA loan or 203k loan is probably best
Within Better Pockets, what resources have helped you overcome fear? I have found plenty of deals, but feel like I am standing at the edge of a cliff, and I’m looking to build my own process that can handle fear. What was the first thing you did after finding a potential property? Calling the agent? Running the numbers or implementing the LAPS system? How did you move forward?
Thanks for spending the time to read my post!
Most Popular Reply
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Hi Joey,
I’m going to keep this short and sweet. You cannot become a world class boxer if you are afraid of getting punched in the face. If you are, then you don’t belong in the ring. Real Estate is no different! If you are going to be afraid to invest in yourself and your future then you will struggle to succeed in it and most likely fail. You shouldn’t be feeling like you are standing on the edge of a cliff, you should be feeling like you are at the bottom of a mountain grounded and ready to climb! House hacking is a good way to start so take action and go. Best of luck to you!