Posted by Sean on August 04, 2003 at 12:18:44:
Fear is nothing to be ashamed of… its normal. We fear the unknown, some more than others, but fear is good. Fear is what keeps us from becoming extinct.
The important thing is not to let fear completely control you. If you have done your homework, and understand the risks, responsibilities and rewards of owning property and are comfortable intellectually with your decision to own them, then don’t let your fear stop you.
Fear is not your enemy, fear is your friend. Fear is what is going to keep 99% of the rest of the people in this country from ever becoming possible competitors!
Remember, you WILL make mistakes, its part of life, learn from them and move on! Not every REI deal makes money its true, not everyone has the temperment or personality to be a landlord and not everyone who enters REI becomes fabulously wealthy. In fact, just like all businesses many fail. Just remember that is true of all businesses and all things.
One thing is definately for sure, those that let fear stop them from even trying, will never be able to know if they would have been able to succeed or not.
Best of luck.