Real Estate Rookie

Rookie Reply: I Have Analysis Paralysis, What Should I Do?

av Real Estate Rookie | Publicerades 2/6/2021

Welcome to the first Rookie Reply episode of the Rookie podcast! We’ll be taking questions from Facebook, Instagram, the BiggerPockets forums, and maybe even the Rookie Request Line (Call us at 1-888-5-ROOKIE). This week’s question comes from Trevor on the Real Estate Rookie Facebook Group. Trevor is asking: What was the hardest part of getting started? What helped you overcome that obstacle, and how do you mitigate analysis paralysis?  This is a question we often get, so it’s perfect for the first Rookie Reply show. Here are some suggestions:See the first deal as a learning opportunity Don’t let it become emotionalVerify your data and numbersHave another exit strategyGet an accountability partnerAnd more in the episode...If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! In This Episode We CoverHow to overcome analysis paralysis Why you should know your “worst case scenario” and adjust accordingly to itHaving other exit strategies for your property Having reserves (or a partner with reserves)Taking the emotion out of the dealAnd More!Links from the ShowBP InsightsRookie Podcast 12: What Works (and Doesn’t) in a Recession & the Untold Story of J Scott’s Messy First FlipCheck the full show notes here: https://www.biggerpockets.com/rookie50

Om Podcasten

Ready to build your real estate empire… but not sure where to begin?Think of us as your personal trainer.From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.Looking to 10X your real estate investing business this year? This show isn’t for you.Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Wednesday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.