If Real Estate Investment Is So Great, Why Doesn’t Everyone Do It?
Oh, that’s an easy one. I can answer that in one word. FEAR.
Real estate investment is a great way to change just about everything in your life, but it’s one of those things where doing it for the FIRST time is the toughest. In fact, the second is exponentially easier!
It’s fear folks, plain and simple! And why doesn’t make much sense to me. Consider that:
– “Everyone knows that the surest path from low income to millionaire is through real estate.” This appears to be a well-documented truism. I’ve seen a similar statement in some of the most prestigious financial resources on the planet.
– I rarely hear of someone losing it all from real estate. I might be living in la-la land, but for the most part I only hear of folks prospering from real estate investing. Sure, occasionally I hear of deal going bad or growing complicated, but not to the point of ruining folks.
– There are a lot of properties available. Folks are still divorcing, dying, or just not paying the bills and getting foreclosed on. Much of...