Put simply, analysis paralysis is when you are overthinking something – when you’re looking to have all the answers before making a decision.
This type of roadblock can affect absolutely anyone. At some point, everyone runs into a little analysis paralysis, and that’s okay … as long as you know how to overcome it.
It’s easier said than done, but it’s the reality of things: you just have to take that first step! As with all things in life, the same thing is true when it comes to real estate decisions.
Obviously, due diligence is important before making a big leap. But once you’ve crunched the numbers, once you’ve seen that the math makes sense, once you’ve crossed your T’s and dotted your I’s, the next step is to jump in. This is the only way to actually improve your skills and get better at real estate investing.
In fact, in our experience, there are only two types of people who have trouble making money in real estate: those who didn’t do their due diligence and therefore got wrapped up in a bad situation, and those who never got started in the first place.
The market might be hot right now, and prices might be going up, but you’re never going to make a move if you’re living in a price bubble from a year, two, five, ten years ago. Those numbers are in the past – you need to work with what’s right in front of you.
If you’re ready to overcome your analysis paralysis, why do it alone? Our team is here to help, no matter what roadblock you’re facing (real estate otherwise!).