Is Fear of the Unknown Holding You Back?

Posted on November 27, 2011 by

Don't Fear the UnknownAre you working at a dead-end j-o-b? Have you given any thought to getting into real estate investing?  When you watch those TV infomercials, does it stir something deep in your soul?  Are you satisfied working 40 hours a week, or do you seek more…more independence, more financial freedom and more quality time spent with your family?

What prevents most people from becoming successful real estate investors?  It’s a simple, little, four-letter word: Fear.  Fear is the anchor that keeps too many folks stuck in the muck and mire of mediocrity!  The sad part is, we’re not talking about a real fear; rather, it’s a fear of the unknown.

When I was a kid, one of my friends lived in a big house that was about 100 years old.  On the second floor, there was a dark, wooden stairway leading up to the attic.  One moonless night, my friend dared me to climb the stairs, open the attic door and walk inside.

Because of the darkness, I could barely make out the door at the top of the creaky stairs.  With each squeaky step I climbed, I became more terrified of the unknown.  About six feet from the top, my fear got the better of me.  I flew down the stairs running as fast as I could.  My friend couldn’t stop laughing at me.

A few years ago, I had a chance to go back in that same house.  I went to the base of the stairs leading to that same attic door.  This time it was daylight, I was a man, and I was no longer scared of the boogieman.  I climbed the stairs, opened the attic door and walked into the attic.  As you already know, there was NOTHING to be scared of!

The fear I felt on the steps that night when I was a kid is the same unfounded fear that keeps people from achieving their dreams.  To help folks overcome this unfounded fear, on Thursday, December 8, we’re gonna have a very special North Georgia Real Estate Investors Association meeting.  Our guest speakers will be Dorsie Boddiford and Alex Kramb.

Both Dorsie and Alex are new to investing and are just starting their real estate investing careers.  What makes them special?  Dorsie is 23 years old and just graduated from Georgia Tech – with honors, plus she pulled a 4.0 her last semester.  She did two flip deals this past summer and earned nearly $50,000! 

Alex, who is only 15 years old, just did his first investing deal.  He bought a beat-up mobile home for $100.  He and his dad, Pat, just finished the rehab.  When Alex sells the home with owner financing, he’ll be earning about $200 per month in mailbox money…and he doesn’t even have his driver’s license yet!  By the time Alex graduates high school – that’s right, high school – he plans to own at least five mobile homes that will be paying him $1,000 a month!

If a 15-year old and a 23-year old can succeed and excel at real estate investing, then what in the heck is holding you back?  If they can do it, so can you!!!

Bill & Kim CookBill & Kim Cook are a husband and wife real estate investing team. They live in Adairsville, Georgia and have been investing in real estate since 1995. They specialize in buying single-family homes, mobile homes and mobile home parks. They also run North Georgia REIA and teach folks how to successfully invest in real estate.

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