91 min listen
50: Rookie Reply: I Have Analysis Paralysis, What Should I Do?
50: Rookie Reply: I Have Analysis Paralysis, What Should I Do?
ratings:
Length:
10 minutes
Released:
Feb 6, 2021
Format:
Podcast episode
Description
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/rookie50See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Feb 6, 2021
Format:
Podcast episode
Titles in the series (100)
What Works (and Doesn't) in a Recession & the Untold Story of J Scott's Messy First Flip by Real Estate Rookie