One thing that many people do not realize is that learning to invest in real estate is a process. They don’t realize that because they often only see the end result a prosperous person with a Midas Touch, or a person who always finds themselves in an avalanche of great deals. They think the person is simply lucky.
Someone who has truly begun their own real estate journey knows, however, that these successful investors are utilizing a skill they have developed over time. Perhaps they have developed a knack for being in the right place at the right time, and in a sense that is indeed luck. However, that seeming luck developed over years of learning. These investors learned where to go so that deals could find them.
It’s like considering a hunter lucky because he tends to find deer in the woods, while you never see any in the city. The hunter is lucky because he knows he has to go to the forest if he wants to find deer. It’s mindbogglingly simple when you really think about it.
Ken McElroy, who wrote The ABCs of Investing, one of the Rich Dad book series, said that, if you begin to do the things that investors do, you will start to see...
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