EP 271: Are You a Victim of Market FOMO? (Minisode)

biggerpockets entrepreneur fomo investher investing investor realestate womeninconstruction womeninfinances womeninrealestate May 24, 2022


With social media fueling the real estate frenzy, it’s easy to feel that you’re going to be left behind if you don’t jump into every opportunity that comes your way. Whether you’re a first-time buyer or a seasoned investor, FOMO is real, and it can lead to a lot of bad investments and regrets. 

In this minisode, Liz and Andresa discuss the dangers of FOMO or the fear of missing out. Liz stresses the importance of focusing on a specific market.  By niching down, you’ll be able to gain expertise in that area and develop more long-term relationships with brokers and realtors.

Don’t let FOMO stop you from making smart decisions. Tune in now!



• “I just mean focusing on a market. And really, what does that mean? That number one, you start to look at that market as a long-term play.” (3:32-3:40)

• “The opportunity to build relationships is critical when you're focusing on a market rather than popping into different markets." (4:41-4:47) 

• “You know, with regards to under-the-radar markets, once you focus, you got to have local boots on the ground.” (6:38-6:43)

• “Don't get mixed up with the fear of missing out. You need to focus on a market and determine the type of market is, what type of asset class you want to go after, and what type of market you want to get into, how close, how local, all questions you can start to navigate.” (7:31-7:40)

• “Had we been so diverse and distracted, I don't think we would have as many units in that area and really be able to leverage with a partner like a property management company.” (8:10-8:20)

• “Focus on a market and go all in on that. Build those relationships and start making things happen.” (8:27-8:31)


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