The Best Investment Decision I Almost Didn’t Make
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[Stephen Husted] (0:00 - 1:03)
I was scared to buy my first investment property out of state. Everybody was telling me not to do it. That it'd be a bad decision, a bad investment.
I heard it all. And you know, I had one investment property in Silicon Valley, but the market was getting really expensive and I wanted to continue to invest. And so I took the leap and that was probably the best decision that I've made in a very long time.
But you know, the biggest part was not listening to all the noise and everybody else's opinions out there because it's easy to get sidetracked and become unsure of yourself when others are telling you that things are a bad idea. But end of the day, you sometimes have to take a leap and bet on yourself, do as much research upfront and get into it because you just never know what those outcomes are going to be. And two, mostly when people are talking about things like this, they never have any skin in the game.
They don't own properties out of state, so they don't even have any clue. I don't think they're the best people to actually be taking advice from. And you want to make a decision, get into the game, move forward, and you're going to look back years down the road and thank yourself.