Barriers to Getting Started in Real Estate Investing
What do YOU feel the greatest barriers are to getting started in real estate investing ?
My goal over the next several weeks is to help you analyze what may be holding you back and then create awesome wealth exploding tips to help you achieve whatever it is that you may desire.
For some people, it may be the belief that you don’t have money, so you can’t buy houses.
For others, it may be that you don’t have a dime to spare. How to get started on a shoe string budget ?
For others yet, you may have money to invest, you just don’t know how to start.
I could guess what the major barriers are, but figure I might as well ask you.
Let me know. I’m here to answer your questions and help you.
Brandon
Filed under: "B"randomness
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I think that sometimes reading,going to seminars,taking classes etc,I have so much “know-how”, but not actually experience in “doing”. I have also heard many “bad experiences” and what NOT to do that there is a fear of not saying the right thing,or making a mistake.I would imagine every investor has made “mistakes”or bad deals,whether they would admit it or not, and in being over cautious, some of us do nothing with all the knowledge we have.I have considered teaming with someone…I really need a breakthru to just do it!
Hey Brandon,
For me, the worst part about getting started is sifting through the abundance of information that is available and deciding what is going to work best here in Western PA and not in say San Diego or whatever. Education is a must have but I have found that I’m at the point of information overload…
Obviously the most important step is to take action, we all know that. Those new investors such as myself should make it a point to start out with ONE strategy. When that first strategy is mastered, then it will be time to branch out and grow. The key is to just get started and try to not get overwhelmed. Oh by the way, I hear your Owner Finance E-book is a good place to start…
Look forward to seeing you at ACRE,
Chris M @ Legacy Home Solutions, LLC
one of the biggest things that hold me back is my use of time working full time I dont always have the most time to look at properties and run multiple rehab project and all of the other things that come with doing realestate ,banking,meeting contractors,payingbills,meeting with accountants etc…..
#2 learning how to juggle money between projects while one project is running and others have yet to close.
In short in order for me to take my business to the next level I need to replace my income from my daily job how do I do that ?????
I want to thank all of you for taking the time to reply.
I will provide replies to you by the end of the week. Thanks for taking the time to provide your honest feedback.
I’m here to help give guidance however I can.
Brandon