Is Your Big But Keeping You From Investing in Real Estate?

by Julie Broad

But I am just waiting until I’ve read your program a few more times before I make my first offer.

But I don’t know anybody with money to partner with.

But it’s not a good time to buy right now.

But I just haven’t found the right deal.

I wish I had just made those up but those are quotes from actual emails I’ve received this year. And I could go on and on with more from people who read our real estate investing newsletters, our blog posts and even join one of our real estate investing programs. These are people who really want to start investing in real estate but can’t even get themselves to put in a single offer.

I understand… it’s scary. There are people who have lost a lot of money investing in real estate.

But there are just as many (or more) that have made a lot of money.

And you’re taking the time to educate yourself on the fundamentals of real estate investing. And you’ve been learning from people like us that are showing you how to avoid the mistakes we’ve made. (I know you’re doing these things because you’re reading our blog!)

So, if you’re doing all of that and still not making offers, then you MUST read this book by Sean Stephenson called Get Off Your But. Sean says, “our BUTS are huge. And the longer we sit on them, the more they continue to grow!

It’s ok. We all do it! We all have a ‘but’ we’re sitting on that is holding us back from something we really want. But you have to know that YOUR BUT IS THE ONLY THING HOLDING YOU BACK from what you want.

I know this to be true, and yet I have allowed my but to be really big for some of my lifelong goals…  and I am going to change that. I’ve set my goals for 2010 and they are audacious. They are my biggest goals yet. I am going to get off my but and I hope you do too!

Besides being a fascinating and inspiring tale of the life of this three foot tall giant of a man who has never been able to stand on his own two feet due to having brittle bones (the non medical term for his condition), it’s a book full of resources and tools to help you overcome those fears, excuses and insecurities that are giving you the biggest buts.

I’ve said this before when I have talked about my mountain biking accidents … especially the one where I hit the root when there was a small path to the left of it that I could have used to safely get by … you get what you focus on. If you are focused on the things you fear the most or the things that are holding you back then you will have a hard time finding a way around those things.

Sean provides a great exercise in the book to demonstrate this. Essentially he gets you to ask a friend to spend 60 seconds finding everything that is blue coloured in a room. Then, after they have told you everything that is blue, ask the person to tell you a few things that were yellow or red.

It’s going to be nearly impossible for them to name anything that is a different colour because they have been so focused on the blue things.

The same thing happens to would-be real estate investors … they get so hung up on the financing challenges, the fact they can’t find good partners or the lack of good deals that they never actually get going and get off their big but.

So… get off your but! Stop making excuses and start making offers … or just stop letting your big but hold you back from whatever it is you want in your life.

And if you need a little help, I would highly recommend you pick up Sean Stephenson’s book or watch his new TV show on the BIO channel (check out a video about the show below).

No one is dealt a bad or a good hand in life; we’re just dealt cards. It’s up to us to stay in the game and play. Sure, some cards look ‘better’ but they’re really not.” – Sean Stephenson, Get Off Your But p. 257

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Filed under Books, Engage Today 2009, investing, real estate

5 responses to “Is Your Big But Keeping You From Investing in Real Estate?

  1. Awesome post Julie! I wasn’t familiar with Sean Stephenson — thanks for sharing! Amazing story and an amazing guy.

    • Thanks Shae!! He is a really incredible man. We saw him speak at Engage Today 2009 (where we saw Richard Brandson and the Dalai Lama etc) and found him to just be an incredible inspiration. Dave chatted with him a bit at that event and said he was funny, warm and friendly… great book!! Have a great day!!

  2. Pingback: Real Estate Investing Links for December 16, 2009

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  4. Pingback: Real Estate Investing Links for December 16, 2009

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