Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

Eight Out of Ten Millionaires Surveyed Made their Fortune in Real Estate - How?


Consider the statistic in the title for a moment.

8/10 millionaires surveyed found their wealth in Real Estate.

What that means is an overwhelming proportion of people we'd like to emulate and achieve the results they got, (A million dollars or more) did it trading Real Estate.

80%

But logic tells us that many people own real estate. They all have dealt in Real Estate in one way or another and they are NOT millionaires. They arent even comfortable, sure they have a large asset they are working to pay off, but they are definitely not financially comfortable.

The question bears investigating. What do these millionaires do with real estate that thousands and thousands of people don't?

I can tell you they didnt do what the average family does. They dont buy the family home and toil for a life time to pay it back, then wonder about the next purchase in their twilight years.

Today, there are many investors. So the average family is getting a bit more ambitious. They recognize that toiling for a life time, they will be left with little. Just one home.

So they buy rental properties to ride the inevitable capital gains that will yeild over the next 30 years of ownership.

The idea is to own for example 5 properties plus their home, that they paid 100k for. The loans are interest only so the tennant almost pays for the repayments. That means for a small weekly amount they may lay claim to the capital gains in the future. Say for example in 20 years, the properties appreciate to a higher value, say 500k each.

Now they can sell one property, at 500k pay back the 100k on that house and have left over 400k to pay out the loans on all four properties that remain. Leaving them asset rich. 4 properties at 600k equals 2.4 million dollars. Not bad.

Of course we dont include 20 years of maintenance, insurance, fallow periods when the properties are empty, and a host of other asscociated costs.

Not to mention the life time of toil.

These 8/10 millionaires, do NOT do it this way. They become millionaires rapidly utilizing real estate as their investment vehicle.

But how? What do they do? What did I do?

Im glad you asked. Good Questions.

I....We....control profits, not assets.

The millionaire that made his fortune in Real Estate is common. Its been the same for the last 500 years, even longer I guess if there were records. We could investigate serfdom and royalty and the Magna Carta, but that's beyond the scope of this article, I think I make my point.

You see, YOU can only get what they get, if you use the same weapons, or tools, the edge they have, the advantage.

Its not a closed club. The tools are lying around ready for you to use. There are no secrets either.

If you want to look you will find the tools.

Contracts.

Lets consider the importance of a bit of paper, and those squigly markings called type that mean so very much.

Structure.

Unorthodox Real Estate deals are a myth. In this society, a man is free to sell you his asset in any manner he chooses to. You are free to make creative offers in any manner you choose to.

The structure that you create for yourself is your own bed. Just because the financial industry creates a mainstream accepted way they want to lend you money, does not mean that you are forced to purchase Real Estate according to this doctrine. Its a commercial doctrine, not "the way its done" manufactured by people, merchants that wish to sell you a commodity.....money.

To say I must first save for a long time, show my dependability at work, show my stability etc. Then I must approach the bank and request that they investigate the stability I manufactured for the purpose of buying a house is THEIR criteria, not yours. Its certainly not the Rapid property millionaires criteria.

You agreed to it and made it your criteria.

Its a free world, you are free to apply yourself for your own best benefit, not anyone elses.

The Real Estate millionaire uses no deposits, nor do they use lending services to buy property. You see, I am not interested in property. Im interested in profits.

Im also interested in ethics.

That is why my secondary concern, just below profits is the people I help. For these are the people that will grant me my fortune, in exchange they get a wonderful house.

I dont want to own property for a long time and hope for capital gains, I want to find, buy, then sell......as fast as possible and move on to the next.

I systemize my activities, so the leverage of numbers accelerates my progress. I dont use any, or not much of my own money, and I certainly dont use lenders.

There are tools to be taken, if you want them. Visit the resource we present below for more information.

My very best to you.

Martin Thomas

Martin Thomas is a professional investor and CEO of opportunity-investor.com.

http://www.opportunity-investor.com/investin2.html


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Forbes

Why Real Estate Entrepreneurs Should Retire The Term 'House Flipper'
Forbes
Working in real estate for five years now, however, I have the learned the vast difference between reality and reality television. One big thing I've realized along the way is that the term “house flipper” is quite often a misnomer. In fact, I'd even ...



Forbes

How A New Agent Can Claim A Territory In Real Estate
Forbes
When one decides to start in real estate, their family and friends are typically ready to support them in their new venture by connecting with the new agent to help buy or sell. But, how does a new agent connect with locals in their area beyond friends ...

and more »


Forbes

The Fundamental Difference Between Single-Family And Commercial Real Estate Investing
Forbes
When it comes to real estate investing in single-family residences (SFRs) versus commercial real estate (CRE), there is a common misperception of grouping the two into the single broader category of "real estate investing." Grouping in this manner ...



Forbes

Three Ways Commercial Real Estate Lenders Are Going To Change The Way We Work
Forbes
When I first started working with large multifamily lenders, I was surprised how few of them made loans for apartments under 50 units. Since larger transaction volumes support larger fees, it makes sense that nearly all of the major real estate lenders ...



Forbes

Real Estate Agents Answer: What Should Buyers Look For In A Home?
Forbes
Suddenly, everyone seems to have an opinion on which features your new home needs to have. We thought we would take this debate to the experts to settle it once and for all. In that light, we asked real estate agents what buyers should look for in a home.



Riverfront Times (blog)

St. Louis' Real Estate Market Just Keeps Getting Tighter and Tighter
Riverfront Times (blog)
If you're seeking to buy a reasonably priced house in the St. Louis area, may we offer our condolences? The region's real estate market, which has been on a hot streak for a few years now, just posted another set of monthly numbers that speak to just ...



Hartford Courant

Real Estate Alphabet Soup
Hartford Courant
BPO (Broker's Price Opinion): The real estate broker's opinion of the expected final net sales price, determined prior to the acquisition of the property. CMA (Comparative Market Analysis): The analysis used to provide market information to the seller ...

and more »


seattlepi.com

Thurston County remains hot in a cooling real estate market
seattlepi.com
Thurston County remains hot in a cooling real estate market. Blame it on the affordability. By Zosha Millman, SeattlePI. Updated 11:51 am PDT, Wednesday, September 19, 2018. A bright home with laminate floors, soaring ceilings and air conditioning.



Real estate transactions in Greater Fall River: Sept. 21
Fall River Herald News
Dartmouth. 21 11th Street, for $342,000, from John L. Rogers to Linda J. Mackler. 20 8th Green Drive #20, for $415,000, from Leonard M. Grandfield to Maria E. Martin. 2 Clarks Cove Drive, for $1,100,000, from Richard A. Shuster to Mario Gomes. 516 ...

and more »


National Real Estate Investor

Real Estate Services
National Real Estate Investor
As the recovery efforts following Hurricane Florence continue, the commercial real estate industry is beginning the long and complex process of damage assessment and remediation. While estimates of the total damage caused by the storm may not be ...


Google News

home | site map
© 2006 TIGER MEDIA