I would say that the it is also important for anyone that looking at these types of areas to remember that the potential returns do come at high level of risk as you are investing in a developing countries and you need to take account of the specific location of where your investing in a place like the Philippines as wealth and culture can be vastly varied from one area to the next.

He is now extremely wealthy and ownes a yacht in the Carribbean that rents for about 750,000 dollars a week.

maybe its a cultural thing.. in certain cultrals its cut throat barter no one tells the truth. but in apple pie America and older folks .. they cant imagine someone not telling the truthand thats why you have the FTC and other agencies protecting the public from those that would just flat lie about the true value of a home.  

All landlords, business owners and corporations are viewed as wealthy. 

How to make and manage money wisely is something that should be mastered BEFORE investing. ( See first few books on my book list below).If you acquire good property that generate cash, don’t sell... ever.I don’t like paying Uncle Sam.There are other ways of getting cash out of your property while still owning it (ex cash out refi).Real wealth is not created through transactions / buying and selling.

Fine for his cultural background, not fine for mine.

Austin’s status as a technology hub along with its high concentration of venture capital, warm climate and vibrant cultural offerings lead to frequent comparisons with the Bay Area – and in fact, high-profile Silicon Valley companies, including Amazon, Google, Oracle and Tesla, have recently expanded their operations in Austin," the report reads in part.Articles below detail the economic growth of major metroplexes in the US and Austin comes in at number 2 on the list.  

I know I'm not going to get wealthy working for someone else but definitely need to learn although I've grown about around the real estate industry with my Dad being in it.

In one of his recent YouTube videos/podcasts, David Greene stated that cash flow buys you time/freedom, but it's really the market appreciation that makes you wealthy. 

The CEO was a fixture\furniture salesman before he became "CEO".Many red flags, but maybe this is just a wealthy individual with terrible marketing skills wanting a hobby and I could actually secure a 100% LTV loan at 5% for 25 years interest only?