Getting back in the game and overcoming roadblocks
These last few weeks, I haven't had a lot of time to devote to real estate. I started an evening class related to my day job (software engineer) and it takes up 3 hours per day (6-9pm), 4 days per week. It's got 1 week left, and if it taught me anything, it's that I want to get out of my day job even more than I realized.
I saw an Instagram post by Brandon Turner today which gave me so much motivation to get back in the game. I've been wondering what action to take first in my effort to close my first deal. At first I thought it might be building up my deal pipeline, getting leads in the door through Google AdWords, SEO marketing, etc. And while I continue to believe that will be an effective strategy for generating those leads, I'm not sure I would know what to do with them once I got them. Which makes me think a better starting point would be to get good at analyzing deals.
I already know there are forums and books and other resources I can consume to do that. But I can foresee a danger in going down this path, and that is getting stuck in analysis paralysis. My strategy for preventing this will therefore be to limit myself to performing N # of (public) practice analyses before I can consider myself "good enough". My first attempt to accomplish this will be to source properties from auction.com and hudhomestore.com.
Let's see how this goes!
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