“Opportunity is missed by most people because it is dressed in overalls and looks like work.” – Thomas Edison
The ugly real estate is an awesome investment, but people don’t want ugly real estate. The main reason why? It takes hard work and time to whip it back into shape.
The benefits of investing in real estate are numerous. With well-chosen assets, investors can enjoy predictable cash flow, excellent returns, tax advantages, diversification, and for anyone interested in building wealth, investing in Real Estate is one of the best ways to do it. But it doesn't seem to be for everyone. To do it properly, you do need to put in some extra effort and work hard.
Speaking not only of real estate, whatever long-term goal you set for yourself to lead you to success is going to require work, and this seems to discourage people from feeling that goals are unattainable.
It’s not enough to have a goal. You need a plan to accomplish it, too. This is where many people fail. They set goals, but don’t follow-up and create a plan to get started. When this happens, big goals seem overwhelming, and you’re more likely to give up.
Create a road map to reach your goal. The key is to break your goal down into smaller steps that are more achievable.