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All Forum Posts by: Account Closed

Account Closed has started 3 posts and replied 57 times.

Post: I now get why everyone doesn’t invest in RE!

Account ClosedPosted
  • Investor
  • Posts 59
  • Votes 73

@Travis Watts that’s where I am.  Analysis paralysis.  I spent the entire night last night crunching numbers and even got an extension on the decision until noon today and I was STILL paralyzed.  At that point without a clear plan I just balked and said no.  Of course now, I am feeling regret.  I keep hearing people say “when you know, you just know it’s a good deal.”  Either I can’t find them or I still don’t know and feel awfully frustrated.  There are so many variables and my mind always goes to the worst case scenario!

Post: I now get why everyone doesn’t invest in RE!

Account ClosedPosted
  • Investor
  • Posts 59
  • Votes 73

@Erik W. I can’t wait to get to that point...I can’t even imagine!

@Karl B. I would love to slow down on my day job too.  The trouble is I am too scared to do it until I am generating more income from this...but I need more time to research.  The classic chicken or the egg!!  

Post: I now get why everyone doesn’t invest in RE!

Account ClosedPosted
  • Investor
  • Posts 59
  • Votes 73

@Frank Geiger where do you find more leads? I find myself limited to the MLS. My realtor is a flipper herself, and she finds all of her deals on the mls as well. I feel like everything has been overpriced (hence the not getting any offers accepted), today's offer that was accepted I feel like I just got cold feet. I was thinking of cooling my jets for a month of two (it was here that I learned November and December were good times to buy).

Post: I now get why everyone doesn’t invest in RE!

Account ClosedPosted
  • Investor
  • Posts 59
  • Votes 73
Originally posted by @Michael Craig:

Every successful real estate investor has made sacrifices to get to where they are. You have to be willing to get out of your comfort zone if you want to grow. 

Yes, the comfort zone is the hardest part for me. I can't stop thinking of all the things that can go wrong (our goal is to purchase a property that needs some fixing up to Airbnb and then BRRR). What if the market tanks, what if Airbnb is saturated, what if our other rental loses a tenant, what if, what if, what if...those humps are the hardest for me to get over.

Post: I now get why everyone doesn’t invest in RE!

Account ClosedPosted
  • Investor
  • Posts 59
  • Votes 73

Because it’s hard and taking the first step in the hardest!  We have money ready to go and I always wonder why people who seem to do better than us, don’t invest in RE.  But the emotional roller coaster has almost done me in!  I know I’m not supposed to let feelings come into play, and it’s just numbers, but I’m especially sensitive to it today.  We have put in two offers that have been rejected.  And we had one accepted today, but decided to pass.  Tell me how you overcame the first JUMP, and let me know that it gets easier ;)!

Post: Charlottesville VA Area Real Estate Investing Group

Account ClosedPosted
  • Investor
  • Posts 59
  • Votes 73

Thanks for the info!  Looking forward to coming to one!

Worth it for a newbie to attend?  Wondering if myself or my husband should attend.  We can’t both go.  Seems very exciting!