There's reason to be afraid - even as markets improve.
Risk always creates fear.
Fear is the unknown, pure and simple.
I know, it's easy for me to say that, because you're the one looking at putting up some major cash believing you're gonna make it back, PLUS !!
So, that video above was made by me - believing everyone would see the value I saw.
Truth - I still own this and have over $110,000 wrapped up in it.
Despite my best efforts, I still own it too !
Yup. Great location.
Yup - land is worth much more than my asking price.
What's the problem - why be afraid ?
No matter how badass you are, sometimes the rest of the world doesn't share your opinion/view.
Depending on your ability, financial or otherwise, you can weather the rest of the world.
In my case, with the property featured above, I'm cool.
My investor ?
They're cool too, because I take care of my investors - and you should too.
I'm not going to go too deep, because I think you know where I'm going.
Point is - even when others believe in you, and your value system, make sure that you provide those "others" with security - if, by chance, your judgement was less than stellar.
Don't be right, be forthright.
Don't be arrogant, be humble.
Don't be offensive, be straightforward
Don't be afraid, be responsible.
Live for the NOW, because nobody can tell you what will be LATER.
Right now, I just pulled this article up on cnbc: http://www.nbcnews.com/business/economywatch/americans-are-tapping-home-equity-again-1B8304322
(This link will, probably, expire)
What does it mean for you ?
Not sure, but it's one of the many positive indicators, nonetheless.
Indicators are that we're becoming more responsible.
That the lessons learned, from 2007 through 2011 were, well, learned.
What else ?
Research it yourself -
You know how to research positive news, RIGHT ?
We're bombarded by the dreadful things, so we have to seek out the positive.
Personally, I'd rather hear the positive AND the negative, so I can be more, easily, informed.
Listen, in every real estate market, despite the economy, someone is making money.
It's happening RIGHT NOW.
It's easy to make money in ANY MARKET, because it comes down to 2, VERY, simple principles:
Supply and Demand
Fulfilling the 2 principles is the trick, but look at it this way:
In any economy, someone wants to sell property and someone wants to buy property.
So, the trick is to find those people who want to sell and, then, buy at a price that is **RIGHT** for your purposes/the **current** economy.
It's about being proactive, plain and simple.
Don't believe everything you hear on the radio, read on the internet....or newspapers - and see on TV.
In most cases, the media creates the perception as a larger scale than reality.
So, that said, why believe the link to the media, I included, above ?
Believe it because it contributes to the, greater, good.
In life, always be aware of the negative, but keep your focus on the good.
Remember, RIGHT NOW, someone is laughing all the way to the bank as the masses believe it's NOT possible.
Are YOU the one laughing ?
I hope so -
Think freely and live prosperously
~ Peace ~
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