Though I have a solid medical practice, it is not going to give our family financial freedom and will not make us truly wealthy.

There would need to be some compelling tax reason to shift $500k in debt over to higher interest rate loans, I think.Other than that, there are some philosophical/cultural/preferential reasons why some people just want their primary residence paid off.

Go to a REIA and see who has the shiniest cards, the wealthy guys will have a crappy *** black on white card that barely has his info, the broke guy fresh out of his corporate job will have a pretty, shiny one with an impressive title (that doesn't mean anything).You're question is kinda funny: "what [you] say when they meet new people who may or may not know a thing about real estate."

I'm in the Bay Area of CA, which many of you know, is extremely expensive for RE with many wealthy dot.commers. being that its Silicon Valley.  

If you learn how to structure a purchase money mortgage you'll be wealthy by the time you're 30...better option in my opinion.

A lot of it is common sense, but it's not so common, and it might give you a little insight as to how people who are aiming to be truly wealthy behave. 

I use my knowledge of Crime Free Multi-Housing strategies and experience working with property owners and their tenants to improve the quality of life within entire neighborhoods.ExperienceI am a certified Crime Free Multi-Housing program trainer and have three (3) years of experience working with Property Managers and Owners of rental properties large to small.Real Estate GoalsI am seeking opportunities, part-time, to enter the Property Management/Real Estate field in order to gain valuable experience so I may begin a second career to build upon after my retirement from police work.Currently SeekingNot to be overly cliche or boastful, I am an exceptionally honest, motivated, savvy, smart, modest, cultured, and professional person who can engage in conversation and business with folks from all walks of life.

I want to include the local Cultural center.

The truth is that investing in real estate is easy, accessible to the majority of the population, and will make you extremely wealthy over time... and yes it is exactly like monopoly.  1. 

I started working in a bank and I started to notice how common characteristics wealthy people have when it comes to managing their money.