Not in any way. The only thing that successful Real Estate Entrepreneurs do better than is everyone is: Build a reliable, consistent flow of motivated sellers calling in each day! You are receiving! That's the difference.
Five years later, after purchasing and giving back about 50 units, newly penniless, I discovered this thing called creative real property. Control without ownership, solving people problems, use your brain to buy property - not your cash.
And this is correct of anyone in every other business or industry. Anyone or company who is most one important their marketing, makes all of the money, and dominates their market.
Understand tinier businesses. Investing in real estate is all about the numbers. If it's an income property investment, it's about one number in particular: cash pass. Be aware of whatever the neighborhood formulas are, whether gross rent multipliers or capitalization rates or whatever. Ultimately, though be sure Learn about investing you that after every last expense you'll have cash flow from the original month. If it's a residential fixer-upper, exactly what it will sell for and what it will cost to fix it up - before you even make a great deal.
"Cheap homes" are at the other end of the housing spectrum. "Cheap homes" abound everywhere. Every community in america has cheap homes, because the predominance for this population lives in inexpensive housing. Individuals comprise the guts and low income bracket than worth income bracket.
There are a few people who make respectable gains stock trading. The people who probably make the most are the self proclaimed "experts" who sell the books or operate internet sites that cater into the day dealer. Because of the profits to be made from sales to that want to obtain rich quick, they ensure it to seem as attractive quite possibly. The truth is that a few more people lose than gain by day trading. It doesn't translate appropriate into a very good investment.