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The Power of Clearly Set Goals
Goal setting is integral to success in any field of endeavor, but particularly in Real Estate Investing.  While differing strategies can certainly pay off very quickly, the greatest benefits come to those who buy property and hold on to it for a long, long time.  Rents tend to rise over time, co-relating roughly with inflation, but your mortgage payment will stay the same.  Then, after years of watching rents rise, on one glorious day you will find that your tenant has fully paid off the house.  It is very hard to find someone who has owned income real estate for over 20 years who is not doing extremely well financially.  Your goals today will largely determine what your portfolio looks like 20 years from now, and thus your lifestyle.
  
Let’s take Mary, for example.
  
Mary knew exactly what she wanted in life.
 
She had an abiding conviction that she would marry a man who would one day become President of the United States (who that man might be, she had no idea).
 
Now, just between you, me, and the fencepost; Mary didn't have a very good shot.  Even her friends described her as follows: "She was possessed of a high and haughty manner, and an ... more

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