Fear

Stories and adventures about my experience investing in mobile homes.

Fear

Thought I’d post about the topic of “fear.” We all fear the unknown, it’s natural. The best way to combat “fear” is to get the knowledge and go out and face “fear” head on. Lately, a lot of people have contacted me wanting to get into the mobile home biz. People ask a lot of questions but don’t take any action b/c they “fear” the unknown. I hear so many excuses not to get into the business that most people end up not doing anything. Why? Most people fear they will make a mistake, a big mistake. The reality is it’s ok to make mistakes. When I first got into the real estate biz, I made so many mistakes. Seriously. I made every mistake in the book and then some. But, you know what? That’s how I learned. With the advent of the Internet, we now have access to so much information and resources are out there for people to get the knowledge they need. For me, I used those resources and met a lot of people from all different parts of the country investing in real estate. Though I had those resources, I still had to go out there and take action. Though I made mistakes, I learned and that is the most important thing to get out of the experience. It’s hard to explain but you learn by “doing.” You really do. After looking at so many homes, I’ve been able to learn my market and know now what a home can sell for. As a backup, I have resources in place such as other investors in the biz, dealers, park managers, movers, etc. who I can turn to for a second opinion. But, this did not happen overnight. It only happened as a result of the ACTION I took to learn my market, go out and look at homes and eventually start making offers. In the end, my actions have helped me better learn this business and really learn from the mistakes I’ve made. I’m willing to do whatever it takes to make this business work and to get to my goal of achieving financial freedom. Are you? The choice is yours.

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