Week One – Overcoming Barriers

Barriers
There are usually three main barriers that can effect the success of ones goals in real estate.

The first barrier relates to taking action.  Spend the time to educate yourself on as many aspects of the purchase of your first investment property as you possibly can. But there comes a point when you need to move forward and take action.  This course is designed to help you with this barrier.

The second barrier relates to the down payment.  How are you going to come up with the funds for the down payments on your rental properties?  Are they coming from potential partners that are friends and family?  Is it coming from a line of credit?  Do you have cash for the down payments?

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Try This
Brainstorm the answers to the questions that were identified in the second and third barrier.  What are some possible solutions?  Please post your responses in the comments area.

If you need some help on overcoming barrier two and three an excellent resource on the topic is a book titled The Canadian Real Estate Action Plan by Peter Kinch.

Posted in Barriers to Success, Month One

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