********What stops us from investing in real estate?******** Fear... is an unpleasant feeling that...
******** What stops us from investing in real estate? ********
Fear… is an unpleasant feeling stemming from a strong expectation of imminent danger. Mostly, we hear people refraining from investing, claiming that now is not the right time to invest, when it comes to overseas real estate there are explanations like: "I want to invest in assets I can see with my eyes." Others will talk about rising interest rates, falling demand and more And other self-beliefs that all drain together - fear!
Then there is the kind of known, positive fear, the fear of physical harm, the fear that helps us to be careful and guard against danger and thus maintain ourselves and our health. But there is another fear ...
According to a study by the Statistics Bryan Institute, 60% of people are afraid of things that will never happen. This means that more than half of people act on the fears that accompany them throughout their lives, fears that will never be fulfilled! Fears that prevent them from acting according to their own desires and aspirations Make them get stuck in the place!
So what were my fears before I started investing in real estate:
1) Of course, how not, the fear of failure ... What if I fail? What would they think of me? What will I think of myself?
2) Maybe there's something I don't know? Something I didn't understand? Something I didn't consider? Maybe I just think I know, but I have no idea in the field and I'm going to make myself such a "joke" ...
3) What if they try to work on me? All kinds of professionals overseas ... Maybe Americans aren't what I think they are?
4) What if I lose all my money? Maybe the 2008 crisis will recur again and all my money will be erased?
5) What if I get stuck with the property? If I can't rent or sell it?
So it may be that those fears that accompanied me back then, accompanied by one of you today… may be that you avoid, not necessarily invest, but rather avoid all kinds of actions in life, avoid because you avoid the fear ...
How did I deal with the fear? I just set it aside and came to a decision that either I let fear continue to manage me or I start to manage fear. It may sound to you like another mindless mess, like another piece of advice that has nothing behind me and I can't convince you to the world that this is exactly how it happened, but that's exactly how it happened. Let go of fear, start dealing, discover for yourself things you never thought you would discover, but mostly find out that the demon is not that bad!
Relaxed and fearless weekend ...
So you recommend a person with no practical experience to invest in real estate in the US?