BiggerPockets Real Estate Podcast - The 4-Step Cure to Investing-Induced Analysis Paralysis

Analysis paralysis is always lurking. Even the most experienced investors feel it before they pull the trigger on a new deal, business, or strategy. It’s not to say that careful consideration of an investment isn’t a crucial requirement to success, but the mental stuttering we feel when trying to make a decision can leave us in a foggy stupor. When we feel like this, we do fewer deals, build less wealth, and live our lives half full. Kindra Hall, bestselling author, master storyteller, and real estate investor knows this feeling all too well. She watched her husband struggle with analysis paralysis during the mass foreclosures of the great recession. Thankfully, she and her husband took the time to catch, analyze, choose, and install a better outlook, or story, for their investing future. This type of mental mechanism allowed Kindra and her husband to grow their real estate holdings and buy the beach house of their dreams. In today’s episode, Kindra outlines the four steps every investor needs to go through to create better mental stories that will push you to the finish line, instead of keeping you in investing anxiety. If you’re still waiting to purchase your first investment property, we recommend taking this advice to heart, trying it out, and taking action! ~~~~ Join BiggerPockets for FREE: https://www.biggerpockets.com/signup?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Analysis Paralysis Is Costing You More Than You Think: https://www.biggerpockets.com/blog/analysis-paralysis?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Learn More About Kindra Hall: https://www.kindrahall.com/ ~~~~ Grab Kindra’s Best Selling Books: https://www.kindrahall.com/books ~~~~ Follow Kindra on Instagram: @kindrahall or https://www.instagram.com/kindrahall/ ~~~~ Connect with Rob (Roubilt) on Youtube, Instagram, and Tiktok: Youtube: https://www.youtube.com/c/Robuilt Instagram: https://www.instagram.com/robuilt/ TikTok: https://www.tiktok.com/@robuilto ~~~~ Connect with David on BiggerPockets: David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Episode 565 Show notes at: https://www.biggerpockets.com/show565 0:00 Intro 4:13 Impulse Buying Her First Home 13:28 Telling Your Story and Crushing Limiting Beliefs 18:27 The 4 Steps of Changing Your Story 21:48 1. Catching 28:01 2. Analyzing 31:47 3. Choosing 42:11 4. Installing 45:41 Manifesting a Montauk Beach House