Just need to learn the "secrets of the wealthy." 

I think Portland is safe to buy in if she plans to live there for a while, and if she's certain that she will maintain or increase her income during that time, or is independently wealthy. 

I'm not wealthy enough to do it alone and I was wondering if BP has designated a charity to support.

And long term wealth is a big reason why we hold assets. 

Never really made any wealthy contacts though, or at least no one that I would consider more than an acquaintance. 

(Hint: You can list 6 to 8 out of those 19...)I've said this before and I will emphasize it here:"WHOLESALING" (ALONE) IS NOT A VIABLE BUSINESS, much less a way to get wealthy and retire to the Cayman Islands.

Don't think about equity, the true wealth is the current value of future cash flows that you can generate!

You can use the same techniques the wholesalers use, but KEEP the property for yourself to build wealth!   I

It ended up not making sense to me, and the person that recommended it thought I was crazy for not jumping on this "magic"Several of my wealthy developer friends swear by cost segs.

Although I'm a long ways away from being wealthy enough for this to be an issue: how should people who are planning for legacy assets (ones that they'd like to pass down to their children's children) evaluate IRR and deals?