Learning the ropes...quickly

[Alex SImon]

I'm still working on my first deal, but it's already taken me through hiring the right and wrong people and several cycles of analysis paralysis. It's surprising me just how quickly my mindset keeps changing as I absorb the information here as well as from other sources. When I first got my head around the idea of REI my eyes turned to dollar signs and I was overwhelmingly positive. Then I started to really learn about the expenses and the hassle factor and other things that had me crestfallen and ready to find some other form of investing. Now I've reached a moderate point where I still see the dollar signs, but they're itemized and arranged in rows and columns, cash in and cash out, risk and reward. I'm just glad I hadn't gotten so blinded by potential profits that I rushed into it. Now that this first deal is underway I feel like there's a good chance that I can make this work, and those after it as well.