Who wants to meet up for beers and talk about how wealthy we will be some day!

BTW you can paint paneling until you get wealthy.

Key to wealth is to buy, hold, gain equity and repeat.  

Anyway, my real estate investing plan (as it exists today) is not focused on rapid growth, neither in terms of properties or wealth.  I

Case Study:I found a property located in a very wealthy area (Red Bank) that is an estate sale with highly motivated sellers that is being sold in "AS IS" condition.

Economically wealthy areas have fewer blow-out deals, but hold their value.

Often other countries have different laws that favor the wealthy to the extreme.

To me, wealth is being able to live with out having to work.

:) The people I know that grow and sell pot in Northern California don't have any problem with rents.......because they are wealthy and own their own properties, with lots of land.

But if it appraises by even 1%, that's an extray $1,000 in equity, bringing my effective return to 10% ($1,000 cash flow and $1,000 appreciation), also, if I amortize it over 15years, I could have another $2,000 paid down in principal (just using a round guestimated number) putting me at $4,000 added in wealthy with $20k put down, giving me a 20% return, effectively.Am I looking at this correctly?