People get scared out of their mind with the idea of buying their first rental property.  Fear is the culprit.  It causes people to shake in their boots and paralyzes them so that they cannot take any forward moving action.

What most people don’t realize is that they have an unfair advantage when it comes to battling and defeating fear.  This unfair advantage is:

Real Estate Blogs.

Not just any real estate blogs.  Rather,  Real Estate blogs written by experienced real estate investors.  Further, these blogs for the most part take a positive approach and the author(s) of the blogs are genuinely interested in educating their readers.

If you are a new real estate investor, looking for more education and a different perspective on how to buy your first rental property, you don’t need to look any further. I highly recommend each and everyone of these blogs.

Happy reading!

1.  Life As Real Estate Investors Julie Broad and Dave Peniuk are proud Canadian Real Investors.  They have a large  following and for good reason.  They do an absolutely terrific job teaching people how to get started as a real estate investor.  They are leaders in the industry and you should follow them if you are not currently.

2.  Rock Star Inner Circle Blog Tom and Nick Karadza in my books are the smartest Canadian online real estate marketers.  Even better, they are two stand up guys.  They do a superb job teaching people how to invest in real estate.  They are not shy to share some of their earlier challenges as real estate investors.    New investors, you need to check out their blog.

3.  Mr Hamilton Erwin Szeto is figuring out the blogging world fast.  Erwin is building an authority blog on Hamilton, Ontario. Hamilton is one of the top investment towns in Canada to buy rental properties. Erwin is a pleasant person with a killer amount of knowledge on the Hamilton, Ontario, Canada real estate market.  If you want to know a little bit more about this market, learn directly from Mr. Hamilton himself.

4.  The Engaged Investor Joe Ragona of The Engaged Investor was the Rocky Balboa of Real Estate bloggers in 2010.  Just like Rocky did, Joe has the Eye of The Tiger.  I see big things coming from Mr. Ragona in 2011.  Keep an eye on him!

5.  Good Faith Investing Shae Bynes of Good Faith Investing is one of my favourite Real Estate Bloggers of 2010.  Not only does she bring a positive outlook to the topic of real estate investing, her blog also keeps on getting better and better. She is a very good writer, and I have picked up a lot of tips from her. If you are a new real estate investor, you need to check out Shae’s blog.

6.  Higher Ground Real Estate Investments Inc Wade Graham is a respected Canadian Real Estate Investor and Blogger.  What really caught my attention this year about Wade was when he ran for Municipal Council in Canmore, Alberta, Canada.  The positive vibes that Wade radiates are felt all across Canada.  If you are a new investor trying to figure out how to raise joint venture money, take a look at Wade’s website.  There is a lot that you can learn from him.

7.  Don R. Campbell’s Blog Don R. Campbell is the President of The Real Estate Investment Network.  Any real estate investor that closely follows the Canadian industry, knows who Don is.  Don is an authority on real estate education in Canada.  Many Canadian real estate investors owe a lot of their success to the network and education that Don has made available.   His blog is going to be a tremendous success in 2011 and beyond.

8.  Mobile Home Investing I have been following the work of John Fedro for over a year now.  John is a mobile home investing expert in the USA.  If mobile home investing is what you are interested in, John is the person to learn from.  He has a lot of experience investing in mobile homes and a lot of interesting stories to share.  If I was living in the USA, and just starting out with real estate investing, I would follow John’s strategy completely.

9.  Diva Money Club Four Real Estate Investing Diva Powerhouses are spreading their collective message through their new blog, Diva Money Club,  launched at the end of 2010.  These Divas are not only exceptional real estate investors, they are also expert online real estate marketers.  I have learned a lot from each one of them, and you can as well.

10.  The Bigger Pockets Blog Bigger Pockets is the largest online real estate community that I have come across.  In my opinion, one of the reasons as to the success of their blog is due to the fact that the real estate writers come from very different places in life and have a varying degree of experience.  Josh Dorkin has done a great job in assembling this real estate social networking site.    This blog is  must for the new American real estate investors looking to get started.

Best Regards,

Neil Uttamsingh

ps: I provide knowledge and confidence to new and aspiring real estate investors so that they can buy their first rental property.  If you liked this blog post, please subscribe to my blog today!

This week it got COLD in Toronto, especially today.  I guess I should not complain as some parts of South Western Ontario got upwards of 90 centimeters of snow in less than a week.  For my American friends, 90 centimeters is approximately 35 inches!

Instead of heading out today and braving the cold, I am hiding out in the warm indoors and writing the First Rental Property’s Weekly Wrap.

Contrary to popular belief, it does not snow all year round in Canada.  We actually DO have a summer.

There’s nothing like Toronto smog on a humid August afternoon!

Monday:

Who else Wants Their Rent Paid on Time?

If all landlords followed the advice in this article, they would save themselves a lot of pain and agony.  Unfortunately, some people like to suffer, and chose not to be proactive.  Landlords included.  Join the increasing number of landlords that are dropping the gloves when their rent is not paid on time.

Read the full post here

Tuesday:

Who else Wants Multiple Streams of Income?

Modern day real estate investors are making money in so many different ways.  Gone are the days of relying just on cash flow generated from rental properties.  Real estate investors are collecting multiple streams of income through Internet marketing.  Want to learn how you can do this yourself?  Read this post…

Read the full post here

This week’s cool links:

Diva Money Club: If you want to learn how you can take real estate investing to the next level, you need to check out this link.  Some of my fellow real estate bloggers share their secrets as to how they generated multiple streams of income through their real estate business.

The Secrets of a Baseball Ironman: Cal Ripken Jr. – Every veteran real estate investor knows “The Secret”.  The “secret” to surviving as a real estate investor over the long term is perseverance.  No one knows perseverance better than the baseball great, Cal Ripken Jr.  This is a great article written by The Karadza Brothers.  You need to check this one out.

Best Regards,

Neil Uttamsingh

PS: If you liked this blog post, or any of the links contained in it, please do the following:

1) Share this post via Facebook or Twitter.

2) Subscribe to my blog.

Cash flow from real estate is only the beginning when creating multiple streams of income.   We now live in an age in which multiple streams of income can be derived through methods such as monetization and affiliate marketing programs. If you are a new or aspiring real estate investor, it is never too early for you to start learning about how to generate multiple streams of income.

The truth of the matter is that the new age real estate investor generates cash flow not only from their real estate holdings, however, also from a variety of different forms.   

I myself am a student of creating multiple streams of income, and this is something that I am continually working towards achieving with my real estate business. 

For over a year now, I have been fortunate to follow and watch the best practices of fellow real estate entrepreneurs, Julie Broad, Shae Bynes and Steph Davis.

I became familiar with Julie, Shae, and Steph via the BiggerPockets Real Estate Blog. As fellow real estate bloggers, we all would frequent this site and leave comments on articles.  A common marketing strategy used by bloggers. 

Julie, Shae and Steph write blog articles for BiggerPockets.  One of my goals is to become a contributor to this real estate blog created by Josh Dorkin.

On the topic of multiple streams of income and the business of real estate, I was very happy to learn of a new initiative that Julie, Shae, and Steph are working on.

These ladies are disclosing for the first time publicly the steps that they all took in creating their multiple streams of income as it relates to the business of real estate. 

They are all full time real estate investors, and have named this new initiative The Diva Money Club. 

As the 3 ladies mention, this program was created for the ladies. However, there is a great deal that they guys can learn by following the methods that they each have taken.

I personally am going to be following their Diva Money Club and learning about the different paths that they took.

If you are a new or aspiring real estate investor, you must check this out as well. 

Creating multiple streams of income is what the business of real estate investing is all about.

Check out the Diva Money Club now.

Best Regards,

Neil Uttamsingh

ps: To learn more about earning multiple streams of income through real estate, subscribe to my blog.