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Updated 11 months ago on . Most recent reply

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Margarita A.
  • New to Real Estate
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Mental block buying your first property

Margarita A.
  • New to Real Estate
Posted

Wondering if others have had any mental blocks when making offers on their first property or buying their first property in general.
What were they and how did you overcome them?

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Bruce Woodruff
#4 All Forums Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
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Bruce Woodruff
#4 All Forums Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
Replied
Quote from @Margarita A.:

Wondering if others have had any mental blocks when making offers on their first property or buying their first property in general.
What were they and how did you overcome them?


I'm the opposite....I jut plow ahead and get myself into trouble :-)

My business strategy is 'paint yourself into a corner and figure a way out'. Really.

But if you are having paralysis, one thing that works is to analyze the crap out of the deals. Build your own spreadsheets, do comparisons until you're blue in the face, walk neighborhoods until you're crippled. This tends to build an inner confidence because you know that you know everything......

Do not rely on Social Media and Apps and the 'how can I make it easier' mindset....

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