This thread topic is an off-shoot from Rich Weese's thread about wealth creation.

If you were going from a four unit to a five-unit (commercial building) that could benefit from forced appreciation - THEN adding an additional unit could be justified from an equity creation standpoint BUT if you're under five units, then the decision is more subtle.

These are some Wealth Creation Strategies that the Ultra Wealthy employ all the time as their biggest concern is Wealth Preservation.I know this was a 30k foot overview of the possibilities but like I mentioned, it would take a very long post including charts and narrative to go over the "fun" and being honest probably way beyond the scope of this forum.Get with a strong Attorney, Estate Planner and CPA to put the game-plan in action.

If I am offering on a short sale I do not tie up earnest money until the end of creation.

Are you seeking wealth creation, passive income, or both?

We are living in interesting times around here with the creation of The University of Texas - Rio Grande Valley, New Medical School, and Space X coming to the Rio Grande Valley.

If you do not have much reserves to survive on then you generally do not want to focus on traditional residential sales driving buyers all over creation and expending your resources.

So I went on a mission to learn everything I could about wealth creation, and how rich people play the game.There's no better feeling than doing what you love and enjoying life while the money is working really hard for me whether I work or not - That's the real magic!

Hi Patty,Congratulations on your decision and you've found the right place to help you get there.Entity creation and structuring is a commonly debated topic on BP and elsewhere and there's no black and white answer.

In October, I left a 15 year HR career in the banking industry to pursue my dream of wealth creation through real estate.