In this episode, I discuss the very real possibility that your friends and family will think that you are crazy for trying to invest in real estate. The news is filled with negativity regarding real estate. This will cause most people to think that you are going to lose money if you invest in real estate.
The fact of the matter is that this is a great time to invest in real estate. Don’t let negativity keep you from doing what you know you want to do.
Here are a few things that you need to remember when people tell you that you are crazy for wanting to invest in real estate:
- They probably will.
- You are not.
- The worst real estate markets can make the best investor markets.
- Surround yourself with like-minded people.
- Talk with successful RE investors in your area (REIA).
- Remind yourself why you decided to get involved in RE investing in the first place.
Stay true to what you know to be right. Real estate investing has historically been, and will continue to be, a fantastic vehicle for generating money and creating wealth.