These areas are highly desirable and tend to attract wealthy residents who can afford to overpay to live in a prime location.

I’m in a wealthy area and I’ve noticed this 3.

Those who are already wealthy and want to preserve what they already have in a safer way are happy to double to triple outpace inflation annually they just do not want lots of their capital at risk.This is very different from a much younger and opportunistic investor still trying to create wealth and taking higher risk strategies.   

Trust me, in San Diego, there are plenty of very wealthy people who want to invest in really good deals but don't have the time at all to hunt down properties and maximize all of the other benefits that off market investing offers.

Wealth is made through long term buy and hold.

I am now 47, and need to build a retirement, and longer-term, generational wealth.  I

Im starting to get my bearings within real estate investing, the market, terminology and formulating my personal strategy to begin building wealth. I

You might find that some people would rather do business with an honest young newbie than a wealthy success anyway.

Doing this will make you wealthy. 

I really need to learn blackjack just cause I plan on being wealthy enough to play sometime in the future!