Real Wealth Building in Real Estate Defined, Can it Really Be Done in This Type of Economy?
As you venture out into the real estate market, one of the key lessons that hopefully you are grasping is that it takes capital to build wealth. One cannot hope to become a millionaire overnight. To get to a place of being “wealthy” takes time, diligence and a lot of careful building of your real estate business. The model you are building for your real estate investing business includes the following; 1. Cash now… from real estate investments (wholesales, Trusts, etc.), from relationship marketing, primarily using the internet right now, but also using direct mail and other venues to generate cash now. 2. Cash flow… from real estate; creating streams of passive and residual income flowing into your business monthly, from additional income streams, not directly real estate, that you create to compliment your real estate investing business. 3. Cash Later… from selling your real estate. 4. Profits later… from selling your real estate after it has appreciated in value over time, f
