While I'm new to the forums, I have listened to all the BP podcasts and I like the culture BP and has to offer. 

Most wealthy people understand the importance of legal entities to: 1.

I started buying when I realized my tech friends wanted to do expensive social activities and I couldn't keep up, so I needed passive income to build wealth. I

As such, they use more of a "turn and burn" philosophy in order to make a profit since the investors take a big chunk of the interest payments leaving the lender earning most of their money on the points charged.Private money can be a good alternative to hard money given you're dealing with a wealthy individual.

Brian Smartt,I echo what Brendan J. stated.I embrase the philosophy of the book "The Millionaire Next Door".How can you join the ranks of America's wealthy?

I know a lot of guys that cash flow portfolios for years and then sell the properties for significant capital gains as they reach retirement.Almost all the WEALTHY investors I know are not just wholesalers.  

Even once I finally get wealthy in REI, I'm going to go to school as I love to learn!

Given how much of global wealth is concentrated in the hands of 2 percent of the population it is likely that in any representative sampling most people will have little by comparison. 

I had to do a lot of self-work and mentorship to get to a place where I didn't feel inferior in a room of (powerful, wealthy, experienced, etc.) men. 2.

Yup, fabulous idea.It doesn't take many properties to become wealthy and secure your retirement.