Updated about 4 years ago on .
The Courage to buy your first rental property
Hi BP community,
When I started my RE investing journey back in the mid 2000's, I joined a local RE Investing group which helped put me on the path that I'm still on. Since then, I've gone onto obtain several rental properties, mentor multiple new investors, initiate and manage several RE joint ventures and obtain my Master's Degree in Real Estate, all as a part time investor.
I'm conducting research for a book I'll be publishing later this year that addresses the initial fears/concerns that all new RE investors face when purchasing that very first rental property. I'm doing this to help new would-be investors get over their emotional/psychological hurdles to take that first big step all of us took to be RE investors. So many people go to RE meetings, read countless books, and go to seminars for years and never take action. My book plans to address this head on to reduce fears and get people to take action.
Would you be willing to share what your fears were on that first deal and how you managed through them.
Thank you all!