Understanding the Drivers Behind Analysis Paralysis

[Dan Sarao]

For those who have been learning about real estate investing for a while (6-12 months plus) and have not yet done a deal, or for those who have done a deal and then are hesitant to do another what are the reasons for your hesitancy or fear?  I really want to understand the true drivers of why people are afraid to move past the analysis of a deal, especially when they find a good one.  

I want to keep it pretty broad so that people don't feel they have to confine their answers.  

This is more just a curiosity for me, and I am hoping a learning experience for everyone. 

[Dennis M.]

Another factor is how you were raised . If your parents had a scarcity mindset and mostly consumers then the mental leap is far greater for the children when they become adults . The thinking pattern is Getting wealthy is just something your born into or luck into and it can’t simply be achieved by the average person born to an average family .To the consumer type all they ever saw was their money leaving them and not coming back in a monetary gain so they get this thinking that this applies to everything they purchase . In essence they think there is a limited set amount of money for them in life so it must be secured held and protected because if it’s spent then it’s likely gone forever and can’t be recouped