My fear, your fear, everyone's fear

[Eric Sipe]

Fear.

Fear drives us, motivates us, and can stop us dead in our tracks if left unchecked.

I'm nearing my first RE purchase and I have fear. I don't fear a bad deal. I know I am competent and will find a great deal for a purchase. I won't buy into just any old property. The property and deal have to hit every single bullseye on my calculator before I even consider buying it.

What I do fear is the tenant. Or the lack thereof. People have told me ways to get potential tenants to look at a property and ways to keep a great tenant, but I haven't been told how to get a potential tenant to bite. How to get a potential tenant to consider renting from me and then actually rent.

When I purchase my great deal, what if no one wants to rent? What if no one decides to rent my units and I become a homeless man living on the side of an alley?

What if. The two word phrase that is fear incarnate.

I will not let my fear and my what ifs keep me from moving forward. I will drive on and purchase my first REI.

What are your what ifs? Will you let fear stop you dead in your tracks?