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


Victorian. Modern. Colonial. What?s Your Architectural Style?

You are attracted to a home for more than its... Read More

Advantages and Disadvantages to Selling a House on Your Own

As with any business transaction, there are pros and cons... Read More

Expense List for Buying a Home

There are many expenses that come with buying a home.... Read More

5 Simple Steps to Sell Your House Fast!

The decision to sell your house wasn't made on the... Read More

How Much Should I Pay For This House?

We probably answer this question for someone a couple times... Read More

Jacksonville Real Estate Listings

With over 30,000 residents, Jacksonville in central Arkansas is a... Read More

How to Qualify For 90% Plus Commercial Financing!!!

There are three important questions that you must understand and... Read More

Cant Rent a Work Zone

So you've picked up your first (or third, or tenth)... Read More

Cutting Edge Real Estate: Is There Anything New? Part 1

The world of real estate has pretty much stayed the... Read More

The Many Benefits Of Lease Purchasing

Lease Purchasing affords wonderful benefits and opportunities to sellers, buyers,... Read More

7 Different Ways Anyone Can Become a Real Estate Investor

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

Branded Email in the Real Estate Industry

Branded Email in the Real Estate IndustryYou're in the real... Read More

Selling Investment Houses: Psychology of Mirrors

Discover new interior Design Psychology strategies to increase your real... Read More

Property Investing ? Port Melbourne Life on the Edge

Property investing prices pick up following a cooler winter last... Read More

Sell your Property Faster

Learn how to sell your property faster and at the... Read More

How To Negotiate A Higher Price For Your House

Negotiation is where many FSBO home sellers really have problems.... Read More

StagingŪ Your Home for Sale: a Superior Real Estate Home Marketing Technique: Part 1

Every Realtor KNOWS that a home should be shown in... Read More

Why Mobile Homes?

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

Looking into Buying Mobile Homes?

To own a home is one of the dreams every... Read More

Foreclosure Home Deals

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

Do I Have To Buy Real Estate Through An Agent?

Sometimes when we are very busy professionals and very rich... Read More

Landlording And Other Aggravations

Here's the gripping story...You are the landlord of a small... Read More

Dead Deals and Recycled Reports

Everyone knows that at the end of a home inspection,... Read More

Flipping Houses for Gold: Three Tips to Help You Find the Perfect Fixer

Many real estate investors enjoy "flipping houses," or buying and... Read More

Real Estate Bubble Adding Price and Risk to Location, Location, Location Mantra

Real estate investors familiar mantra location, location, location are nervously... Read More

Real Estate Local FAQs.

There are many frequently asked questions and any local real... Read More

Secrets of Making Money from Real Estate - Part 5

Where to from here:One property is great, but It wont... Read More

Vegas: The New Frontier

Unless you have been living in Siberia, you know that... Read More

Why Canadian Real Estate is Such Good Value

Real estate agents, Canadian citizens and foreign investors interested in... Read More

The Best Way To Get Real Estate Listings

The Real Estate Industry is HUGE and is a golden... Read More

New or Old House?

A lot of buyers think that a new house is... Read More

Buying and Selling Real Estate: Negotiating to Win-Win

You don't get what you deserve - you get what... Read More

Real Estate: Financial Considerations $$$

Raw land as opposed to improved property is much more... Read More