We are in different times, you guys who are all wealthy already I understand your take but I'm going to continue to buy as long as properties cashflow, which means I need to get better than todays interest rates.

I’m glad I got the exposure in land investing, and I’m now hunting for land so I can build wealth. I

Those that can are the wealthy and will continue to separate the middle class into a two class system.

Yeah I am not wealthy at all.But I want to be one day!

You can become very wealthy if you know what your are doing --- remember you will be swimming with the sharks at a foreclosure auction. 

Sure, some wealth is created by saving taxes... but building wealth is priority #1.

Why I Believe Striving to Build Passive Income is OverratedThis may seem like a disingenuous statement coming from a passive income guy, BUT, I believe that those looking to build sustainable look term wealth would be better off to downplay passive income.Passive income has a role, a large role, but one best utilized when a certain level of wealth has been achieved, and the holder of said wealth is looking to preserve capital and live off the income generated by passive investments.I hear many relatively new real estate investors say that their goal is to acquire enough real property to replace their earned (W-2 or 1099 or Sch C) income with the income be generated by their investments.  

This indicates robust demand for moderately sized homes, likely driven by middle-income families and professionals.Zip Code 28305: While the focus in 28305 has been on larger, more luxurious homes, the substantial overall price increases and affluent demographics suggest potential niche markets for high-end, smaller homes, such as luxury townhomes or condos designed for downsizers or small, wealthy families.Affordability does not equal smaller-sized housing: Demand for affordable housing has not directly correlated with smaller housing, which can be seen by 5+ bedrooms increasing by 30.10% YoY in 28304.

Now if you don't like long-term data, let's use last 20 yrs only, from JPMorgan Wealth Management Teams in house data, which covers a boom a bust and a boom and a pan-demic, typical for a US 20yr span. which gives us 9.5% nominal (REITS beat SP500 by the way), but the key number is the orange bar, 3.6%, That is what the average wealthy college educated client of theirs dose, hundreds of thousands of clients.

And it's worked for generations and the wealthy for a very long time because mutual insurance companies understand the human lifecycle quite well (law of large numbers), they're well regulated, make safe and sound investments and in several cases have paid out dividends consecutively for over 150 years (Mass Mutual, Lafayette Life, etc).