Price Fear

[Bob McIntosh]

So since I have decided to get into REI, the one thing I have noticed, and the one thing that has held me back to an extent is price fear. In my particular area there is nothing even worth looking at for less than $400,000, and most of what is truly profitable is more in the $800,000 - $1,000,000 range.

This is a lot of money for a first time REI to think about spending, Not to mention that the down payments on these properties are huge... Has anyone dealt with this, and if so what was your motivation or how did you overcome it?

Thanks!