Essentially every real estate business is the same. Buy cheap; fix up; sell with profit. As a consequence it's not so intimidating, and you only need street sma

Essentially every real estate business is the same. Buy cheap; fix up; sell with profit. As a consequence it's not so intimidating, and you only need street smarts to succeed. People who want to start a business but who have no unique skills tend to start generic businesses where you can follow a known business model, like restaurants, coffee shops, and real estate. Since you can't make money with the first two it should be no surprise that real estate is the visible outlier. Buy low, sell high, and you get leverage provided to you by a bank. It shouldn't surprise anybody that it's an easy source of wealth! There are also poor people who get rich with a carpet cleaning or cement delivery business, but they have to overcome challenges unique to their situation. So every success story looks like an irreplicable outlier.