Hey BP fam, I believe i am suffering from analysis paralysis. I have not done my first deal yet. It's only been 30 days since i decided to become an REI. I've joined and attended 2 local REIA meetings so far and have made some great contacts. While 'Driving for Dollars' in my neighborhood, my offline lead generating strategy, i came across an abandoned home which retails on Zillow for around 400k. I had another investor run the comps for me and he suggested the offer i should make on the property. I have the owners addr. but no phone #. The other investor suggested i just go knock on the owner's door and talk to him. I'm not worried about what to say to him but i am worried about my own credibility in the matter. Right now i have no infrastructure, no business cards, no website, no nothing. My analysis of this situation is stopping me from going over to the owner's home to negotiate a deal. What do you all suggest i do? How did you approach that first deal with a property owner as a new investor? Thanks in advance!
