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Updated about 10 years ago,
92% of ALL Real Estate Investors only own 1 or 2 properties...
according to a book that I just read.
A number of years ago I went to a big real estate investors convention with 1,500 attendees; there they did a survey and about 1/3 didn't own any real estate, about 1/3 only owned their personal residence, and remaining 1/3 own at least ONE real estate investment.