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Updated about 8 years ago on . Most recent reply
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90% of you won't do anything!!!! But why?
I always hear this figure and wonder to myself how come? Is it because people are scared or is it because the people who are trying to get into investing have a hard time figuring out what information is correct and whats not. I mean there are tons of websites and gurus out there that want a newbie to just pay a certain amount of money so they can eventually be lead down the road to untold riches. Of course more that half of these online companies are on ripoff.com or have negative ratings. So i am starting to think that yea that figure is high, but i really think most of it isn't from paralyzation through analysis, but more of weeding out scam after scam
Most Popular Reply
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Josh here! I'm a newer investor in my first year of buy/hold real estate. I will never forget the feelings of worry, angst, and sleeplessness that would not leave me alone as I headed toward the closing table for the first time. With just that one property under my belt, the second acquisition felt so much more businesslike, more calculated -- and I was calm the whole way through.
I will also never forget the feelings I had after closing that first deal. The world kept spinning, I didn't lose my shirt, and I drove on home with the strange, anti-climactic feeling of 'did that really just happen?'
Yes it did, and I'm so glad I fought through the emotional waves, making the scary unknown into a new, exciting venture.