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 emotional
Verify your data and numbers
Have another exit strategy
Get an accountability partner
And 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 Cover

How to overcome analysis paralysis
Why you should know your “worst case scenario” and adjust accordingly to it
Having other exit strategies for your property
Having reserves (or a partner with reserves)
Taking the emotion out of the deal
And More!

Links from the Show

BP Insights
Rookie Podcast 12: What Works (and Doesn’t) in a Recession & the Untold Story of J Scott’s Messy First Flip

Check the full show notes here: https://www.biggerpockets.com/rookie50

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50: Rookie Reply: I Have Analysis Paralysis, What Should I Do? 10:06 Share

Real Estate Rookie

Shownotes Transcript

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