Just found a funny list about the excuses people use in blocking themselves from investing in real estate.

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Have been thinking about investing
Have been reading about investing
Have a friend who had done well investing (The elusive friend)
Are saving for a down payment
Waiting for rates to go down
Waiting to finish their real estate course
Waiting for their mentor to tell them to buy
Waiting for summer (insert any season)
Waiting for the market to straighten out
Waiting till they can afford it
Waiting till they get a promotion
Waiting till their friend or relative can partner with them
Trying to read just one more book
Waiting till they buy their own house
Waiting till they get a raise
Waiting to graduate from college
Waiting till their friend or family member becomes a realtor
Waiting to be married
Waiting till they contribute their maximum to a 401k
Waiting till they get done working on their own home

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Besides that, there are another group of people who always think:

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What happens if the toilet gets clogged?
What happens if the furnace gos bad?
What happens if tenant ruins the house?
What happens if the roof leaks?
What happens if the tenant doesnt pay?
What happens if someone breaks a window?
What happens if someone leaves a broken down car at the house?

What happens if I dont start investing now?
How many homes do I need to buy in order to retire comfortably?
If you could share with me your best idea, what would it be?
What kind of money am I leaving on the table by not investing?
How does the stock market compare to real estate? (that doesnt even deserve an answer)
How can I use real estate to make my dreams come true?
What would I do with an extra $500 or even $5,000 a month in cashflow?
How will my family react when I retire 10-20 years earlier?
What are my broke friends going to think when I show up in my Porsche?

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Do you know anyone is one from the group?

Source : Bigpockets.com

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