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/invest in2.html

In The News:


pen paper and inkwell


cat break through


Property Investment - What Future For the Biggest Bubble of All Time?

The Economist magazine published a special report in this months... Read More

Rental Properties: 10 Ways To Increase Income

What if you want better cash flow from your rental... Read More

Selling Your Home: 5 Deal Killers That Are Lurking In Older Homes

You've listed your home for sale, you have a Buyer... Read More

Selling Houses Fast: Basics of Design & Color Psychology

Fixing up houses to ready them for sale includes a... Read More

Master Builders Ask, Do You Know What Design/Build or Design/Construct Means? You Should

These real questions are answered by me and US Master... Read More

3 Strategies For Buying Property With No Money Down

Everyone has heard a story or read about someone who... Read More

Getting Raw Land, Not a Raw Deal!

There is more to buying raw land than meets the... Read More

Florida Investment Real Estate and What Are Considerations Before Buying

Investment Real Estate, First Things FirstConsidering investing in property? What... Read More

Real Estate Value: Knowing yours is Key to Mortgage Success

The value of the real estate you own, whether it... Read More

Why Mobile Homes?

There are mobile homes for sale, for much less than... Read More

How To Buy Real Estate - Yes, YOU CAN!

If you want to buy a house but don't think... Read More

Home Inspectors - Negotiating a Lower Price

To help you negotiate a fair sale price for a... Read More

Property in Northern Spain

If you're looking for the 'real' Spain where the culture,... Read More

What Is a CMA

"CMA" is an abbreviation real estate agents use for a... Read More

Make Money As A Slumlord

Be a slumlord? Okay, I got your attention, now the... Read More

Selling Your Home: The Power of a Great Sales Flyer

Even though its importance is often overlooked, a great sales... Read More

Do Bankers, Bubble, Discounters, & Justice Department Cloud Real Estate Industry?

Once relegated to the classified advertising section of the local... Read More

Investing in Residential Real Estate: Achieving Positive Cash Flow

When investing in real estate, it is highly desirable to... Read More

7 Different Ways Anyone Can Become a Real Estate Investor

Being a real estate investor is not really that hard,... Read More

Is a Vacation Home Right for You?

Many of us dream about owning the vacation home in... Read More

Virtual Agent? Online Real Estate

When preparing to sell a house, you should always consider... Read More

Seven Tips in Choosing Maui Income Properties

Aloha! If you are interested in choosing a Maui income... Read More

Buying Houses: Types of Bargains to Find

To make a good profit in real estate, you must... Read More

The Echo Boomers - The Next Big Consumers

The Echo Boomers or Generation Y currently make up about... Read More

10 ?No Money Down? Ways to Buy Real Estate

Turn the Television on any Sunday morning and you'll find... Read More

How to Prequalify a Buyer When You Sell Your Home By Owner

One questions many "for sale by owner" sellers... Read More

Should You Buy Hud Homes?

Buy HUD homes are sometimes the cheapest option available for... Read More

Negotiating the Real Estate Contract

Negotiation is the process of communication back and forth in... Read More

Real Estate Professional in the Palm of Your Hand

GETTING THE MOST FOR THE LEASE-TRACKING YOUR REAL ESTATEIf you... Read More

Foreclosure Home Deals

Did you know that you can save tens of thousands... Read More

Good Tenants - Learn Twelve Ways Landlords Keep Them

Happy, Long-term Good Tenants Paying On Time How to Create... Read More

New Home Construction - The American Dream or The American Nightmare?

Buying a new home is suppose to be the American... Read More

Why Invest In Property?

Why property, some people ask when looking for an investment.... Read More