I went on the "get rich quick diet" when I bought my first.

At the same time, I know that real estate is generally a "get wealthy slowly" kind of business (significant wealth and retirement doesn't happen overnight).So this got me thinking - how long do you think a investor should stick with their chosen niche before they see results?

If your interest is in building long term wealth, I would focus on growth markets and make sure to research, research, research if you intend to go far afield. 

Personally I am a believer that “cash flow keep you in the game and appreciation makes you wealthy” so if it cash flows, you are winning.

Hello everyone, Not sure if this has been answered before, but as I begin to embark on my journey to creating passive income and long term wealth, I am constantly going back and forth about which method to pursue.

My personal goals are to acquire funding, and attempt the entire process myself -- with the end goal of rehabbing apartment complexes as a long term investment and acquiring true wealth. I

If your monthly PASSIVE cash flow is greater than your monthly expenditures, you are generally wealthy.

We would all be wealthy. http://www.usnews.com/news/articles/2011/04/06/10-...

A really smart investor once told me this, and it has stuck for years:"People get RICH in an up market.....BUT.....people can get WEALTHY in a down market.

Assume I have little equity, questionable credit, and relatives that aren't wealthy, but I still have the passion for REI.