First Rental Property

When you read the title of this post, did you think I was talking about you?

Are you someone that is interested in investing in real estate but has not done so yet?

Have you been considering investing in real estate for years, but have not taken the plunge?

Do you want to buy your first rental property but have no idea where to start?

Do you sometimes consider yourself as indecisive?

Do you slowly talk yourself out of taking action right when you think that you are ready to make a move?

If you answered yes to any of the above questions, you are not alone.

You my friend need some help.

You need to surround yourself with the right people.

How Does Someone Become A Seminar Junkie?

1) Enthusiasm

Most people that I know that go from seminar to seminar are generally very energetic and outgoing people.  I mean, you would have to be pretty energetic after all, sitting through hours upon hours if not days upon days of real estate ‘Ra-Ra-Ra’!  The longest seminar I ever attended was 4 days…

2) Ambition

If you are attending seminar after seminar, you are an ambitious person, generally speaking.  I have noticed that people that take the time to research and attend workshops or seminars are looking to achieve something more than what they are currently doing.  They are not satisfied with the status quo.

3) Disposable Income

Let’s face it.  Some of these seminars are not cheap.  Especially if you get up sold some of the products at these seminars.  It is not out of the question to sometimes be up sold products that cost thousands upon thousands of dollars.

I once attended a seminar that was on the topic of investing in Canadian real estate.  The seminar itself cost about $1,000 Canadian dollars.  At the end of the seminar, the organizers were up selling a product that cost $25,000.

Ridiculous, I know.

But what was even more ridiculous was that approximately 20% of the participants purchased this product.

The sad part is that I have no doubt that only a small fraction of the people who bought that expensive product even ended up using it, and benefiting from it.

You must be thinking…

“Why the heck would anyone ever purchase a $25,000 product, geared towards helping them, yet never end up using it?

The answer my friend is simple.

It is because seminar junkies lack confidence.

I will say it again:

Seminar Junkies Lack Confidence

I do not intend on offending you, if you have attended many seminars in the past…

It is my intent to hopefully open your eyes as to what changes you need to make in order to break out of this terrible cycle.

If you do consider yourself a seminar junkie, the most important thing you need to do NOW is…

Increase your confidence

There are a number of important things that you need to do in order to break out of your cycle and increase your confidence.

1)  You need to CONTINUOUSLY surround yourself with experienced real estate investors.

Real estate investing can no longer be a casual interest for you.  You need to immediately become committed to surrounding yourself with experienced real estate investors.

One of the major reasons why you have been going from seminar to seminar is because you don’t have a network of action takers that you can go to for help, and to ask questions of.

3 of the best people that you can have within your sphere of influence that can help you finally take the leap of faith and become a real estate investor are:

1) A Real Estate Agent with experience working with investors

2) A Mortgage Professional with experience working with investors

3) A Real Estate Lawyer with experience working with investors

With these 3 people in your corner, all the questions you could every have regarding real estate investing can be answered.

Knowing these people will help to increase your confidence, as you will know that you can ask questions of these people at any time regarding real estate and they will provide you with accurate answers.

So my friend, the answer is simple for you.

If you are a seminar junkie, acknowledge it.  That is step number one.

Step number 2 is to reach out to experienced real estate investors, and keep in continuous contact with them.

A Real Estate Agent, Mortgage Professional or Real Estate Lawyer with experience working with investors would all be more than happy to help you become a real estate investor, once and for all!

Best Regards,

Neil Uttamsingh

ps: First Rental Property will be making it’s HUGE announcement within the next few days.  Stay tuned for the GROUND BREAKING news…