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?

[Frank Wong]

It's simple.  If you fear the tenant or fear being a landlord and property investor then don't do it and be POOR. It can be just as easy as that.  Now if you don't want to be poor and want to be rich accept what @Jim K. said that these things will happen nothing you can do about it. It's all part of the game.  Once you realize that the worst case scenario isn't that bad compared to what things could be in the world the fear is gone. You still have your health, you live in America, you have tomorrow to try again.  Tenant issues are nothing.