Any ideas of how to diet something like under contract from Overseas

I have a fairly wealthy friend who wants to get into the real estate business but his wife is very hesitant and he wants a safe cheaper investment to show her its not all doom and gloom.  

You don't need an MBA, but you do need to learn really how the business world operates, it's not how most people think, at least on here.Then pick your industry, here, you have chosen RE.Basic knowledge is dry, unexciting, when you read it it's hard to see where the money is or how in the world does knowing that a legal description "closes" or what a certain deed of conveyance does to make you money.The reason most have problems trying to follow some guru path to wealth is because they don't understand the foundation that the strategy is built on.In basic business law you'll learn what an endorsement is, what an assignment is and the different types of contracts there are (not talking RE contracts I'm speaking of unilateral and bi-lateral contracts).

I just finished reading Brandon's ebook 7 Years To 7 Figure Wealth. I

(Not to pry, but to help; I used to teach get out of debt seminars for helping in my community a decade ago).On the one hand, you seem to feel "wealthy"; you have a ton of equity in your house, (that's off limits?)

Rich dad showed me I didn't need A college education to become wealthy, and Babylon Reinforced my ideas about saving.

Read this guys book (Tom Wheelwright - "Tax-Free Wealth).I would have an operating agreement with your partner about the house / business, who owns what, and who is responsible for what.

If you're in a Third or lower second world country and you have a backpack and are a tourist, your Wealthy., d. 

It reminded me of the old book, "The Wealthy Barber".

I suspect it will pass, because the TV is full of ads about making "the wealthy pay their fair share", and all but coming out and claiming that corporations only pay $10 a year in taxes (completely untrue).The net result will be, of course, that they put small businesses out of business, and the larger corporations will simply move out of state.This certainly affects the commercial real estate investor, because fewer small businesses means fewer tenants for the commercial buildings.Oregon tends to be pretty conservative, so if we are doing it, more states will be doing it.Just a heads up.