Cashflow makes you FI and Appreciation makes you wealthy.

I actually prefer to keep my circle very small on those who know my financials.And, KNOW what a CPA does; the person responsible for building wealth is you.

I can deal with some stress and drama because in the grand scheme of things these people are paying off my properties and are making me a wealthy puppy.

@Joe SplitrockAs you rightfully alluded to, the quality of the healthcare system in the US is very different depending on whether you’re wealthy or earn an average income.

He's an old,wealthy russian man and in miami lots of these wealthy russians are drug dealers,fraudsters,etc.

I live in one of the wealthy counties, and I live in one of the better zip codes.

@Christine GarnierCash buyers come in many shapes and sizes—from recent homeowners to wealthy retirees to investment firms—and are not constricted to a single demographic, age group, or industry.

Buying properties that negatively cash flow and banking on appreciation is really for more experienced investors (or the ultra wealthy) who can afford to carry those costs for future gains in highly priced areas.

It can take some time to recover…I’m still recovering myself.I’m glad to hear you’re ready for homeownership.You’ve joined a great community to help you build long-term financial wealth.The journey can seem long and distant at times, but little by little, wealth is gained.

There's a lot of uncertainty floating through the air recently.When you speak to hundreds of investors each month you begin to notice trends.With the recent down-turn in the stock market, speaking with investors recently has given me deja vu with similar conversations in 2020.I'm seeing the most wealthy investors allocate much more heavily into tangible, cash flowing, inflation-hedged illiquid assets like our multifamily communities.At the same time I'm seeing many smaller "retail" investors be more skittish.