"Opportunity is missed by most people because it is dressed in overalls and looks like work." - Thomas A. Edison

"Get off that couch and go buy that rundown duplex" - me

Sunday, September 21, 2014

Apple seeds and rundown duplexes...

Tiny events can spark huge outcomes...look at an apple seed - one tiny seed takes hold and creates a tree that produces great wasteful abundance. An idea in the head of Henry Ford or Thomas Edison eventually creates great inventions and massive wealth. The beginning of the universe for that matter, began with a single point...
It seems all events are small when they begin, easily thwarted and fragile. The key is persistence. Just hold on stubbornly and don't give up.
The success or failure in real estate investing, and just about everything else, depends on surviving those fragile first few years. If you can hold on, you will probably do OK. This is why we recommend buy and hold cash flow properties, at least as your first few investments. You might want to diversify later, but if you have gotten into the habit of eating every day you are going to need solid, cash flowing assets in the beginning.
So go ahead...plant that seed!

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