After doing some research, it seems that there is a large increase in STR in the area and I'm little nervous about starting due to the fear of over-saturation.

Hello Bigger pockets investors Rookie here looking to snap out of the fear of investing 2021 went into two deals that fell thru have been discouraged ever since along with this crazy market and a few other things looking to hit the ground running for 2022 any veteran investors out in the ohio market looking to share some advice.

I want to do some larger BRRRR/value-add deals but fear has been messing with me and I feel like I’ve been spinning my wheels now for months!

My options are limited in Austin in fear… I can however purchase out of the area with an FHA loan.

However the fear is the guy next door wanting to control who lives there could be a bigger problem later on.

Hi Marseille as long as you have passed the seasoning requirements for a FHA/VA than you can rent the property out without fear of a current mortgage default.

My insurance is conservative underwriting.The people that have to be fearful are the ones that let their emotions change the way they underwrite so they could get deals under contract. 

They fear what 3 months of what damage or frozen pipes, or broken windows could do to a property. 

What they fail to notice is the fact that since there is so much fear, many buyers are backing out, hence more opportunities to buy at a discount.

Hey Jim,Warren Buffett once said that it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful.”This happens in almost every market for a variety of reasons.