First Rental Property

The mission statement of this blog is to, “provide knowledge and confidence to help you buy your first rental property.”

If you have been following this blog for some time, hopefully you are gaining the necessary confidence to help you take action toward buying your first rental property.

If you are still struggling with your confidence, I have the perfect solution for you.

Before I present you with this great solution, I am going to make a quick comment.

Neil’s Quick Comment

In all my years of investing in real estate, I have noticed that those individuals who DO NOT invest in real estate, however truly want to, fundamentally lack confidence.

There are of course other factors that come into play as well, however, if you are not confident, nothing else matters, and you will never end up investing in real estate.

My friend and fellow real estate investor Brian Persaud once planted a seed of thought in my head, that helped me to understand further the dynamic of people, real estate, and how people can increase their confidence with respect to real estate investing.

Brian said that sometimes people can increase their confidence by coming out of their comfort zone by doing things such as martial arts. (These are not his exact words, rather, I am interpreting and paraphrasing some of his dialogue)

His idea here was that martial arts generally gets people out of their regular routine, and provides them with something new and exciting that they have never done before.

Once people partake in this new and exciting activity, their comfort zone will have expanded, and they may feel more inclined to do something now (invest in real estate) that they were once afraid of doing in the past.

Plain and simple, if you lack confidence and you want to increase confidence, you have to do something that is going to take you WAY out of your comfort zone.  You can do martial arts or you can do door to door canvasing for a political party…

Enter The 2011 Federal Election

If you are Canadian, you are reading this article in April 2011, and you are looking to improve upon your confidence, I highly recommend that you do door to door canvassing for a political party or candidate.

There is an upcoming Federal Election in Canada on May 2nd 2011.  Any candidate who is looking to run a good campaign and who is looking to win needs volunteers.

The quickest way you can get a crash course on how to improve your confidence is by becoming a door to door canvasser.

Speaking to people door to door is not an easy thing to do.  You will find that by doing this, your confidence level will automatically increase, the more you are speaking to people in this fashion.

The end goal of course is to increase your overall confidence level so that you can take action and not be afraid of doing other things such as investing in real estate.

Confidence is a funny thing.  It is funny in that when you increase your confidence levels in one area of your life (for instance through door to door canvassing), it can have a very positive effect on other areas of your life.  (for instance your comfort level with real estate investing)

In Summary

If you are looking to invest in real estate, however you are too afraid to take any action at this point, you need to improve upon your confidence.

If you are in Canada, get out and start volunteering for a political candidate or political party during this federal election.  You have just under a month left, so get out there right away!

You will be surprised how much confidence you will gain by speaking to complete strangers door to door.

Do something to increase you confidence today!

Best Regards,

Neil Uttamsingh

ps: If you want to buy your first rental property and don’t know where to begin, subscribe to my blog.  I will help to improve your confidence and knowledge so that you can buy your first rental property.