@Heather B.
Hi Heather my name is Phil. I read your story, and it resonated with me. I’m in a similar situation....waited later in life....will be 51.
I’ve always wanted to get into real estate. And feel I let fear of the unknown and all the what IF’s stop me. I bought my first home (primary residence) when I was 21 yrs old, when most of my friends were buying fast cars. But I stopped there, and never took the next step of purchasing another.....and building a portfolio of properties.
I feel you....in that...this late in life we can’t make risky decisions that we don’t have time to rebound from. But I also know that if I don’t at least make an honest, informed attempt at getting into rental property, that I’m going to regret it for the rest of my life. And for me regret would be worse than a failed attempt.
How bout we make a pact. To stay in contact with one another using the BP forum, and share articles/posts to keep us encouraged & motivated. Let’s not just be takers of information...let’s share as well. Share what??? We don’t have any knowledge about the real estate game...right?
That may be true. But we know what it’s like to be older, with fears of losing it all, and not know where to start. Sharing that alone might just help someone else in our boat (so to speak) feel like they can do it too.
Won’t it be great when we’ll be able to post some time in the near future. “I remember feeling the same way you do...(speaking to someone just like us) but with the help of the bigger pockets community, research, a little hard work, and determination my husband and I have now...(insert success story here)”.
We CAN do this!!! We just have to be smart about it. What do you say?
I truly feel like like learning anything, there will be a learning curve.