7 Things Keeping You From Getting Started in Real Estate Investing
Why do most people who want to invest in real estate never actually get started?
Today, I break down the seven reasons most people never succeed as real estate investors. After almost a decade in this business and coaching several students along the way, I have seen the same patterns come up over and over again. And the truth is, it almost always comes down to one of two things: not knowing what to do, or not believing that you can do it.
I walk through each of the seven reasons in detail, from analysis paralysis and confusing education with action, to waiting for the perfect deal and thinking you need a lot of money to get started. If you have been sitting on the sidelines wanting to invest but can not seem to get traction, this episode was made for you.
What I Cover
The two root causes behind every reason people fail to get started in real estate
Why analysis paralysis is the number one thing holding new investors back
How to know when you have enough education to take action
Why there is no such thing as a perfect deal and what to look for instead
How to get started in real estate investing with little to no money
Why trying to do everything alone is one of the biggest mistakes new investors make
How ego quietly kills deals and investor careers before they ever get off the ground
Key Takeaways
Most people never get started in real estate because they either do not know what to do or do not believe they can do it
Education gives diminishing returns over time, at some point you have to stop learning and start doing
There is no perfect deal, the skill is knowing the difference between a deal killer and an obstacle you can work through
A house hack lets you get into your first property with as little as 5% down at a personal residence interest rate
Partnering with someone who has capital is a legitimate path to your first deal even if you have little money of your own
Building the right team is what separates investors who scale from those who burn out trying to do everything themselves
