I often hear new investors say that knowledge is what they need in order to get started. That they must accumulate all the knowledge they can about real estate investing before they can take any action. (Absorb ALL OF IT.) Well, if there was ever a dumb statement, this is certainly one.
The truth is that you will never learn everything before you get started. It’s only when you get started, that you will begin to start learning what you don’t know that you need to know, in due time. It takes years to learn a lot about the entire real estate marketplace. You will never learn everything – at once – even if you wanted to. When you are on the cusp of starting an exciting new venture/career, as you are now, there is a lot of information that you will have to learn, of course, without saying, but be aware of the “I have to know everything before I get started” syndrome.