Buying and selling real estate is a process that anyone can learn. Additionally, the field is so broad that you can definitely find an area or sub-specialty that you can become good at. Once you do that, you can develop a set of routines that are repeatable over and over again until they become a habit. Let's assume that you've undertaken this process wisely, and you've selected a process that will deliver that kind of money you need to achieve financial freedom. Once this process becomes a habit, your rewards and financial success will follow automatically.

What does this mean specifically? Of all the people we know who are actively involved in making money in real estate, almost none of them do more than one specific type of real estate investing. They flip, or they do options, or they invest in groups that develop real estate, or they build, or they pursue any one of the other dozen ways to make money in real estate to be discussed in subsequent pages. A few do more than one, but it is extremely rare for someone to do more than two.
The reason for this is the law of success duplication. When you are successful, you tend to repeat over and over the habits that made you successful. Why would you branch out in an entirely new direction, unless the old formula suddenly stopped working?

There is another point about the law of success duplication, and it has to do with mentors. Mentors can be extremely important to the success of the "apprentice." The apprentice copies what the mentor does to be successful, and the law of success duplication kicks in almost automatically. Keep in mind, though, that your mentor¡ªthe person you choose to copy¡ªdoesn't have to be someone you know. It can be almost anyone whom you can study, figure out, and emulate, even from afar. Not having a mentor in your building, or on your block, is no reason not to have a mentor at all!

Your job is to find the one or two nuggets that appeal to you most. Study them. Learn them. Specialize in them, and repeat them as often as you can. Make the practice of successful real estate investing an automatic in your life.

 

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