This, less any inherited wealth, is what your net worth should be.These two terms I really like -Prodigious accumulator of wealth (PAW) = twice (or more) the level of wealth expectedUnder accumulator of wealth (UAW) = half (or less) the level of wealth expectedThe expected number as well as the actual can be shared.

I love talking about real estate and connecting with others who share the same passion for creating long term wealth! I

@Sam SjobergThere's definitely room to grow,and there's nothing wrong with outrageously fortunate deals.This post was just begging to be written to encourage the less radical BP members that real wealth is also possible and does happen everyday  to ordinary folks without sourcing funds from a hundred different investors and being a slave to their every whim.Thanks for reading the blog.

Read the book the wealthy barber.... that's where I got that from and got the idea....

IRA Wealth is a good intro book into investing with a self directed IRA or 401k.

If I assume I can generate 10% returns, I guess that means I need about $20M in wealthy.

There is a strong thesis that asset values will increase over time, and those that take full advantage of this confluence of fundamentals are poised to become very wealthy (or wealthier).

Therefore, you'll still have loans on your credit report - unless your LLC is big enough and wealthy enough for the bank to forego a personal guarantee.

The four green houses to the red hotel is a great slow and steady way to wealth. I

Thanks for the reply Joel.My first inclination is to go into multifamily and office sales, with the main goal of establishing relationships with wealthy landlords and holding companies, so eventually I can offer them syndications and possibly partner with them.