First Rental Property

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!

Hi Everyone,

I hope you are all doing well.

As a new real estate investor, you may not yet understand the importance of associating yourself with goal oriented and like minded people.

Doing this is absolutely critical to ensuring your success as a real estate investor.

Fellow Canadian Real Estate Investors and Bloggers Tom and Nick Karadza have done a lot of reading on the topics of real estate and business.  They have a number of great recommended readings over at their Rock Star Inner Circle Blog. A number of books that they recommend discuss the importance of associating yourself with goal oriented and like minded people.  In addition, topics such as ‘accountability partners’ are discussed in some of these books.

We will now dive into today’s blog post, as I will discuss with you 3 reasons why you need an accountability partner…

The First Reason you need an accountability partner…

Real Estate investors are an entrepreneurial lot.  As entrepreneurs, we all personally hold ourselves accountable in different ways.  Some of us are very good at being accountable, and some of us are not very good at being accountable.

From my observation of real estate investors, I believe that most lack an ability to keep themselves accountable.

Due to the fact that most of us have a poor ability of keeping ourselves accountable, we need all the help we can get with this.

Therefore, the first reason you need an accountability partner is because your partner will keep you on track. When you are on track, you stay focused on your goals.  Due to this rediscovered focus you are able to complete tasks and accomplish goals more rapidly than you would have been able to, had you not been matched up with your accountability partner.

The Second Reason Why you need an accountability partner…

A good accountability partner can be a great help.  Not only can this person help us, they can also serve as a gauge as we measure our own success in comparison to our partner’s.

For example, you may have two individuals acting as accountability knockoff richard mille rm 52 02 partners for one another.  The first partner, let’s call him Sanjay, owns 3 rental properties.  The second partner, let’s call him Frank, has not bought his first rental property yet.

As Frank and Sanjay engage in their discussions as accountability partners, Sanjay’s experience in purchasing 3 rental properties can prove to be a great help for Frank.

Frank can try to reproduce Sanjay’s success, by purchasing his own rental property.

No one really likes to be left behind.  As such, Frank can use Sanjay’s success as a motivator in order to push him closer to the goal of owning his first rental property.

The Third Reason Why you need an accountability partner…

An accountability partner will help you to become smarter.  Each person in a 2 person accountability partner relationship has different strengths.

For instance, one partner may be great at raising joint venture money, while the other partner might be great at building a strong real estate team.

Because of the different skills sets that you and your partner have, you can easily learn from one another.  With dedication and commitment, you can learn from your partner and become better at tasks that perhaps you were previously not very good at.  Since you will now be better at tasks that you were once not very good at, your level of overall intelligence and general knowledge will have increased!

So in summary, the 3 reasons why you need an accountability partner are as follows:

• Your partner will keep you on track. When you are on track, you stay focused on your goals.
• They can also serve as a gauge as we measure our own success in comparison to the success of our partner.
  
• An accountability partner will help you to become smarter.

Best Regards,

Neil Uttamsingh

PS: To keep up to date with my blog, enter your e-mail address on the LEFT hand side of the blog.  To receive The First Rental Property Newsletter, enter your e-mail address on the RIGHT hand side of the blog.  In The First Rental Property Newsletter, experienced real estate investors will share with you how they bought their first rental property.  They will also share with you some ‘tips’ and ‘tricks’ to help you buy your first rental property.