How to Handle Anxiety About Real Estate Investing
I receive emails about this topic on a regular basis. It can be overwhelming to begin investing in real estate. However, it doesn’t have to be!
I relate to this struggle as well; I grew up consumed by anxiety. I specifically remember feeling bombarded by all of the things I needed or wanted to accomplish in high school. It felt like there was a dark cloud hovering over my head. It was very real; I could actually visualize it.
That image has stayed with me my whole life. I now know that the reason I felt so consumed by anxiety is because I didn’t know how to organize my thoughts. Instead of making a list or a plan, I just had all of the things I wanted to accomplish floating above my head.
In real estate investing specifically, the idea of acquiring properties can be overwhelming. Particularly in today’s busy world, most of us are consumed by full-time jobs, emails, and other responsibilities. When you add investing to the equation, it can seem daunting.
Anxiety stems from not knowing where you're headed, and not organizing your thoughts. When you're setting out on a real estate journey, there's a lot to think about. The good news is, the solution is simple: you just have to devise a plan. When you have a plan in place, you can visualize the end point. And when you do that, anxiety begins to dissapate.
The first step is calculating your Freedom Number. It’s a simple, step-by-step process that will help you determine how many properties you’ll need to gain true financial freedom. Once you have a plan in place, you don't have to worry as much about what the future might look like.