When you get 9 emails and 12 faxes in a row that ask the same question – you know that there is a problem.

All of them are from my fellow Michigan residents, people whom to learn and do real estate investment – mostly buying and selling of foreclosures for a profit. They all want to know what are the most important things that should be doing first?

Pretty legitimate question, I would say and I can rattle off a list of important things that I would do if I was starting out – such as incorporating my real estate investment business, getting a website, finding out who the players are in my REO market, running ads to attract motivated sellers, get the financing lined up – all the things that I teach and you should be doing anyway.

But that is the easy part – and I have been actually referring listeners for The Real Estate Warrior Show (in its 8th week now and kicking strong) to go back and listen to past shows because I have answered these several times and frankly speaking I don’t see the value in repeating them one more time.

But it is the next paragraphs that are truly disturbing – where they are all asking the same question – will they lose all their money, go bankrupt, ruin their credit, what if the houses don’t sell, what if the Michigan economy goes south more than it is already, what if contractors are bad, what if private lenders don’t give them any money.

First – have some faith in yourself and in God. I have always believed that God wants what is best for me and if I am willing to walk toward my goals and not harm anybody in the process, God will help me and guide me. Having faith in yourself and your ability to pull it off is the FIRST thing you need to do.

Forget everything because if you don’t have faith in yourself then nothing else is going to work for your. Period. All the other things came after that. But first you need to have the right mindset to be successful.

Next, who wants to deal with this kind of negativity anyway? I don’t and I refuse to deal with people who are down on themselves every day. I don’t want them as my private investors or my bird doggers or my network to find buyers. They bring me down.

This is a choice – nobody put a gun to our head and told us to invest in Michigan real estate. We are doing it because we want to. If doing it is scaring you that much that you cannot sleep at night then just don’t do it. What is big deal?

Whether you agree with me or not, whether you think this is a good business or not, whether you that there is money to be made or not here in Michigan bank foreclosures or not?

I really don’t care! I know what I need to do, so do several of my students and they are doing it and making money. Listen to the last three weeks of the Real Estate Warrior Show – you have several calls from fellow Michigan real estate investors who are making it really big.

Whether you agree with it or not does not makes me lose sleep.
There is a difference in being cautious and being fearful. I don’t let fear dictate my business decisions and neither should you.

If you don’t know much about real estate investing and are nervous about making a mistake, invest in yourself, educate yourself, network with other Michigan real estate investors who are actually doing it instead of just talking about it and even after that if you cannot make yourself do it then don’t do it.

So instead of writing about losing all your money and going bankrupt –which seems to be very Hollywood to me – why not write about what have you learned so far in real estate investing and let see if that is enough for you to do your first deal.

Instead of moaning about Michigan real estate lets write about how many people you have in your Black Book so far.

Instead of crying over what if the house does not sell – lets talk about what kind of financing you have arranged to buy the house in the first place.

Instead of worrying about ruining your credit – lets talk about the 9 different things you will do the deal your house at a rapid pace.

Instead of worrying about the best corporate structure for your Michigan real estate investment business – have some faith in yourself, in your real estate investment business and in God to guide you.




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