There are many, many wealthy individuals who do not ever have to work a day in their lives.

I'm not really sure what is considered good traffic.If you are serious about internet marketing, I would join Wealthy Affiliates.

According to answers so far this seems to be falling in the "bad debt" category.We accept debt in our culture to the point of excess and most is really bad debt, but if you have a car loan, that's a depreciating asset.

The banks would not do it because they said all of his income was derived for residential development.He could have paid cash for the office but like most wealthy people he knows the power of leverage.

They could pay the rent with money they earned selling phone calls to Europe and South America for half price.An additional plus for you: the opportunity to learn about different cultures as every immigrant in your city would be at your house a couple of times a week, calling home.

You may have jumped into real estate investing with one eye on your dreams and the other on your potential to become fabulously wealthy in a very short time.

These are important decisions you're making about your future and creating wealth. I

Given the communication tech nowdays, why can't we create local co-ops to fund small manufacturing businesses to start creating real wealth. I

It's been said, "becoming wealthy is no great feat, if becoming wealthy is one's only goal."

Our yields in cities vary approx 2-4%, so I'm trying to come to terms with some cultural differences regarding home ownership.In a recent discussion on an Aussie property forum regarding forecast flat or falling property values, many local investors put the view that there is a natural floor on values caused by the rent/buy decisions of current tenants.