Having trouble pulling the trigger!

[Michael Davis]

I'm constantly looking at the market as I'm a licensed agent with Keller Williams.
I plan to leverage 100k from a HELOC.
I'm just not seeing something that makes me want to dive in feet first.
I person I ran into some who does flips said maybe try doing a flip for the first time to gain the confidence. However I can't bring myself to have to pay all the capital gains taxes.
Also I wouldn't want to need to pay back the HELOC and suffer a capital gains tax payment.

Any advice?

Should I start looking further outside my back yard?

Trying to get a BRRRR that will likely cash flow or break even on.

I'm a reasonable area with relatively low crime rates.

[Alecia Loveless]

@Michael Davis I will post to you what I have In a few other places lately.

Get a notebook. Write down your goals for 1 year in real estate. What you want to focus on. Where you want to be in real estate in one year. How much passive income you want In one year. How many properties you want In one year. How many doors you want in one year. Dream big.

Go to the next page. Answer the same questions for where you want to be in three years. If you can see yourself achieving these goals you’re not dreaming big enough!

Go to the next page. Answer the same goals for 5 years. Dream bigger!

Then relook at your goals for year one and dissect them backwards into one month and one week increments until you have a game plan and know how to get started to make your year one a reality.

Revisit this plan every Sunday night to revise you next week and lay out the plan for the week ahead.