I posted this blog before, but I wanted to get it out there again.  I have been purchasing properties recently for prices that have not been seen in the last two decades.  This is an excellent time to get into the game, and FEAR should be no reason to not. 

We all know that real estate investing is a great way to take control of your life. With "downsizings", "rightsizings", "off shoring" and layoffs at an all time high, job security, retirement, and 401k are simply a thing of the past, or wishful thinking.

According to the Bureau of Labor Statistics millions of people lost their jobs in mass layoffs last year, and the same is expected this year. So, why don't more people actually embark to take control of their life? One common answer is a four-letter word, F-E-A-R. Fear is one of the biggest success killers there is. It not only stops people from becoming successful, it stops many people from even trying!

What is the Definition of Fear? According to the dictionary there are four definitions.

 

"A feeling of agitation and anxiety caused by the presence or imminence of danger, a state or condition marked by this feeling: living in fear".

 

"A feeling of disquiet or apprehension: a fear of looking foolish".

 

"Extreme reverence or awe, as toward a supreme power".

 

"A reason for dread or apprehension: Being alone is my greatest fear".

 

Let's look at fear from a business prospective. The first definition really does not apply. There is no real imminent danger in real estate investing, and it's certainly not life threatening, at least in the real estate investing I do. The last three definitions are where we usually run into problems getting starting.

Fear is really about unfamiliarity and apprehension. Fear is a real emotion, but you can conquer it. If you really think about it we've been doing so our entire lives. Didn't you once have apprehension about riding a bike, or going roller skating, or learning to drive?   Yet most of us were able to overcome these fears.   I know these are basic fears, but moving forward to take control of your life really is no different.