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Updated almost 3 years ago,
How do you focus and get started.
I am having problems figuring out where to start and what option to go forward with, when it comes to REI. Initially I bought my current house in St Pete with plans to BRRRR. I read books on it and listened to podcast. However covid and medical issues put a pause on that. I am now wanting to start again. I don't feel I can brrrr within driving distance from work with the cash I have and the market near St Pete/Tampa. I've looked out of state, Texas and Tennessee (state taxes, buyers, and family) for other investment opportunities. After talking to other friends that invest and listening to podcast, I now know the best path is all of the ones that work, unless they don't....... There are so many options, how do you decide? How do you find the smartest path for borrowing money or what ever it takes to succeed?
One of the main issues I feel I am having is my thought process. I came from poor family of 5, made it up with the help of the military, I made the "leap" on a entrepreneur venture that failed, and I became homeless. With support from family and veterans, I lucked in to a new career. For 4 years I have been in an amazing career that pays me well. I now fight myself for the boldness that I know it takes and not wanting to make the same bold decision that failed previously (paralysis by analysis). I don't want to make the same mistake and fail my kids again.