Trapped by fear - Utilizing leverage or not for first deal

[Steve Sendldorfer]

Hey BP! My wife and I want to become real estate investors ( buy and hold ) I like the idea of low income and feel comfortable about what problems could potentially come from going that route .... My wife is on board but does not want to use any leverage for the first property, all cash ... I am finding myself struggling with the waiting... anyone been in this spot? Have any insight? Would appreciate any feedback thanks

[Austin Fruechting]

Knowledge conquers fear. I'm not saying you should or shouldn't use leverage. But you should figure out where this fear is rooted and address it. 

Indecision, doubt, and fear are the three big internal enemies of success. Where one is found, the others are lurking around the corner. If you are doubting yourself and your analysis at every turn, you will be incredibly indecisive about selecting a property. You may become too fearful to ever move forward. For every successful real estate investor out there, there a dozens of other would-be-investors that were too filled with fear to ever do a deal.

These enemies of success have one powerful foe that easily vanquishes them. They are conquered through knowledge. It's as easy as that. Educate yourself fully. When you have doubt, step back and figure out why. It will probably reveal that you have a deficiency in your education. If you take the time to fully educate yourself and KNOW that you are properly analyzing a rental property, it will eliminate your doubt and fear.