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Updated over 7 years ago on . Most recent reply

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Kevin Rzeszuto
  • Saratoga, NY
2
Votes |
7
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Family trying to talk me out of being landlord

Kevin Rzeszuto
  • Saratoga, NY
Posted

I've been reading listening and really researching about this business. I'm ready to buy my first buy and hold.I have a few books on my table and recently got the new great deals by Anson Young. heres the problem i had family members come over and see these books and ask what they are about and as soon as they heard what i want to to do i got the same answer. you cant do that why would you want to do that and you cant do that in this area this state is not good for flipping> even when i had all the answers by the time they left i was so mad. I never told anyone about my adventure into this and this is the reason . Has anyone got the same result with telling there family. im still not going to give up on this adventure just sucks that i got no support from family. I do live in upstate ny in the 518 area and there is so many oppurtunity here.

Most Popular Reply

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791
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Austin Fruechting
  • Investor
  • Kansas City, MO
1,670
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791
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Austin Fruechting
  • Investor
  • Kansas City, MO
Replied

 - Here's something I wrote in regards to battling outside negativity:

ATTACKS FROM OUTSIDE SOURCES

You, and every other human being are, by nature, lazy, indifferent, and susceptible to all suggestions in their weaknesses. The most common weakness in human beings is leaving their minds open to the negative influences of other people. Negative influences work on you through the subconscious and wiggle in through your weaknesses.

"Wait a second Austin!! You titled this attacks from outside sources. Why are you starting with saying that I'm lazy, indifferent, and susceptible?!"

Well... because you are. There is no stopping or avoiding negative influences in your life. They will always be there. YOU play the most important in role in everything in your life. It’s YOUR decisions, not your conditions that shape your life. The only way to battle outside negativity is by actively managing your thoughts. You can't control what anyone else does or says, but you can control how you react to it.

DEALING WITH CRITICISM

Big ideas are met with big criticism. Go tell someone, even someone close to you, that you plan to retire in ten years by investing in real estate. See what their reaction is. Unfortunately, as opposed to receiving words of encouragement and support, you will most likely be met with some sort of criticism. You will be told why it's not possible, why it's too risky, and why you shouldn't do it. You will likely even get these responses from the very people who you would have expected to be the most supportive of you and your goals... and it will be frustrating. Be prepared for it and don't let them drag you down.

WHY DO PEOPLE REACT NEGATIVELY?

Sometimes these comments come from very well intentioned people. Your family and friends may try to discourage you in some misguided attempt to protect you. They think they are looking out for you.

Realize that their remarks aren’t as personal as you may think or feel. They are often merely a projection of the speaker’s own feelings of failure and discouragement. People who tell you it cannot be done are almost always unsuccessful people. They may feel average or mediocre at best about their own accomplishments. Regardless, their opinions can be poison if you accept the negative advice. Don’t let them pull you back to their level. Average people will always resent progress.

FIND NEW PEOPLE

Find and cling to people that think progressively and have goals of their own. Go tell a successful real estate investor or a successful entrepreneur about your plans. The difference in their response will be incredible! Successful people will be a source of encouragement. A stranger that is successful will be much more encouraging than your own friends and family. Why? Because they know it can be done. They know that it is possible. They know that if you are in control of your mind, you are in control of your destiny.

CONCLUSION

Be careful about the advice you take. Opinions are the cheapest commodities on earth and everyone has them. If you are influenced by opinions of others and allow others to do your thinking for you, you will have no chance of success.

You must be confident in your decisions and trust in yourself. Trust in your knowledge. Trust your research. Reach your own decisions and follow your goals. When you are met with negativity and all the reasons why you can't do it, accept it only as a challenge.

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