Fear Running Rampant!

[Will Barnard]

Background for those that don't know me: I am a full time real estate investor and I have invested in nearly every aspect of real estate. Recently, I have added transactional funding services to short sale and REO investors.

If there is one common denominator I have seen throughout the years, it is FEAR! Fear has a way of preventing many from taking action and that is the prime cause of failure (in my book, never getting out and trying is a failure!).

One of my favorite motivational sayings is this: The rich act in spite of fear while others allow fear to stop them.
This holds true and I have seen consistently that those who allow fear to stop them, never really get ahead.

If you are one of the many contemplating some type of real estate investing strategy and have been too scared to start or too fearful of taking action, then you need to realize what is stopping you. It is almost always one of two or both of the following items: Fear and laziness. If you are lazy, you are screwed. If you are just fearful, you need to just take action. There is no rule that states you need to do a huge or high dollar transaction to get started. Even if you do a $500 deal, that is a starting point and gives you the motivation and confidence to do another and improve on your goals.

Use BP Nation as your partner in education, in finding deals, in selling deals, in finding money, in finding a job, in finding a friend, in finding a business partner, and the list goes on. The opportunities are endless and allowing fear to prevent you from getting started and taking action is a serious mistake!

Happy investing to all!
William Barnard

[Jim Wineinger]

Will, as far as fear goes, those that do actually get out and do something will still tell you that they are still fearful. But this fear I would describe as respect.

They say that if you play with fire you are bound to get burned!!!

But I have found out that if you feed that fire and watch it you learn it tendencies and with that comes the respect for what it does and how it does what it does.

Respecting something allows you to do more with it because you have learned how it reacts to certain stimulus. This respect does not keep you from being "burned" but does allow you to do more with it because you have learned it.

So, everyone, get out there and change your fear to respect. Expect to get burned a little and prepare for it so it is not a major setback and keep going.