All millions are from real estate.

[Poker Player]

You sound like someone who has a lot of theories like about getting rich with RE but has no RE in reality, other than maybe the house you live in, which you are paying for with a mortgage.

We see , millioners are growing from real estate. Other businesses are also available but real estate industry is fast income growing industry. Builders also get benefit from real estate, they work on foreigners projects, builders invest foreigner  money. Real estate industry is continuously growing.

That was especially true in the last century. The great fortunes were either made in RE or invested heavily in RE after having made a fortune in other sectors. In the 21st century the great fortunes have been made digitally, and while they still tend to diversify somewhat into RE and the pure RE business still exists, it is nowhere near as important as it was in the 20th century.

[1714328532]

1714328532

[1714328532]

1714328532

[1714328532]

1714328532

[1714328532]

1714328532

[mamesso]

Not all millionaires are growing from real estate, there are still several other businesses that can give birth to millionaires based on their business knowledge. You can invest in various types of investments based on the amount of capital you have, it is undeniable that real estate is the most profitable investment, but it takes a lot of capital to choose this investment medium.
Experience is needed to achieve success in investing, there are so many types of investments that different people are involved in depending on the capital they have. We who are still young without having a lot of capital are impossible to invest in real estate, let alone its location in a strategic place in urban areas, currently the best option for us is only Bitcoin.

[Patrol69]

Real estate business usually requires huge amount of money. As a result, not everyone can do this kind of business if they want to. Those who are very rich and have a lot of money can basically do this kind of business. In the case of real state business, you have to leave a huge amount of money in the market and you have to earn money only by leaving that money. There are many differences between a general business and a real estate business. Normal business you can start with small amount of money but real estate business you cannot start with small amount of money. Talking about crypto business, this business can be started with a small amount of money. So position wise I find crypto business or general business more viable than real state business.

[darkangel11]

yep many towns turn to ghost towns. not just through war. but also natural disaster. and even economic loss of industry.
there are places where people bought a house for hundreds of thousands. lost economically in the region. foreclosed and the property ended up part of a ghost town which no one wants to buy even for just $1

also
many suburbs look well maintained when first hitting the market but after a decade. even the roads start to crack. the sewers over flow. people get old and stop maintaining their yards.. all causing the 'comps' for the suburb to drop. families cant afford the bills. kids cant afford hobbies so start to do graffiti or damage the neighbourhood for entertainment..

alot of other costs are involved not just to your property but the neighbourhood to ensure you get ROI
i have seen some people decorate and landscape their next door neighbours properties to spruce them up to try to maximise the sellers own property potential

I can observe this in my area. There's land for sale nearby but the neighbors are drunkards who sleep with their dogs. They have 2 pieces of land in the middle and there are nice empty patches of land nearby but nobody wants to live there and it looks like the owners of these patches are waiting for those drunkards to finally die or burn the house down so that they can put their land up for sale or start building houses there. I asked a neighbor who built a house nearby why he didn't buy one of those patches and he answered me with the following question: "would you want to live near those guys?"

Buying a land is a hit or miss. I know a spot that became very expensive because a woman who owns a shopping center downtown built a house there and that area became popular among the "rich elite" meaning notary, a judge, and so on. It can also go the other way, like another spot, not far from there, where the city built a recycling plant.

[marcous]

One of the advantages offered in the real estate business is price growth over time. The potential for loss is very small unless the situation is not supportive, for example a war occurs. It is true that all millionaires come from this investment, because before technological advances, say E-commerce took part as a new form of investment, all owners of capital must have invested in real estate.

On the other hand investing in real estate is very safe, but this of course really depends on the region, regulations and opportunities available.

[milewilda]

yep many towns turn to ghost towns. not just through war. but also natural disaster. and even economic loss of industry.
there are places where people bought a house for hundreds of thousands. lost economically in the region. foreclosed and the property ended up part of a ghost town which no one wants to buy even for just $1

also
many suburbs look well maintained when first hitting the market but after a decade. even the roads start to crack. the sewers over flow. people get old and stop maintaining their yards.. all causing the 'comps' for the suburb to drop. families cant afford the bills. kids cant afford hobbies so start to do graffiti or damage the neighbourhood for entertainment..

alot of other costs are involved not just to your property but the neighbourhood to ensure you get ROI
i have seen some people decorate and landscape their next door neighbours properties to spruce them up to try to maximise the sellers own property potential

I can observe this in my area. There's land for sale nearby but the neighbors are drunkards who sleep with their dogs. They have 2 pieces of land in the middle and there are nice empty patches of land nearby but nobody wants to live there and it looks like the owners of these patches are waiting for those drunkards to finally die or burn the house down so that they can put their land up for sale or start building houses there. I asked a neighbor who built a house nearby why he didn't buy one of those patches and he answered me with the following question: "would you want to live near those guys?"

Buying a land is a hit or miss. I know a spot that became very expensive because a woman who owns a shopping center downtown built a house there and that area became popular among the "rich elite" meaning notary, a judge, and so on. It can also go the other way, like another spot, not far from there, where the city built a recycling plant.

When buying a lot then it would really be just that normal to have that strategic approach on which this is something that would really be that recommendable specially when you are buying or purchasing something
and plus its not really that something cheap.There would be those normal factors that needs to be check out first before making out such final decision and this is why in depth checking or whatever information you would be needing is something that relevant or would really be that crucial. Its true that not all would really be that so having these kind of checks before buying and then this is where problems do rise and would end up for you to regret instead. This is why it would really be always that wise to do if you do buy then it should really be something strategic or something that you could really take advantage with. Well, there are things which are really that still needing up some mix of luck since not all that you do look good would turn out to be that developmental or something that has potential because there  would really be things which you have thought
that they dont have value but turns out to be a huge thing in the future which it would really be leaving out that kind of regret and disappointments on missing on buying that spot.

[Cling18]

One of the advantages offered in the real estate business is price growth over time. The potential for loss is very small unless the situation is not supportive, for example a war occurs. It is true that all millionaires come from this investment, because before technological advances, say E-commerce took part as a new form of investment, all owners of capital must have invested in real estate.

On the other hand investing in real estate is very safe, but this of course really depends on the region, regulations and opportunities available.

Investing in properties is a wise investment though there are still things to consider such as the quality of the location and its accessibility. Properties in good locations could easily strike a high price in just a shorter time especially in urban residences.
It might only take time and effort to generate profit as there are also documents and requirements that you need to comply with but it will all be worth the wait.

[Unbunplease]

When buying a lot then it would really be just that normal to have that strategic approach on which this is something that would really be that recommendable specially when you are buying or purchasing something
and plus its not really that something cheap.There would be those normal factors that needs to be check out first before making out such final decision and this is why in depth checking or whatever information you would be needing is something that relevant or would really be that crucial. Its true that not all would really be that so having these kind of checks before buying and then this is where problems do rise and would end up for you to regret instead. This is why it would really be always that wise to do if you do buy then it should really be something strategic or something that you could really take advantage with. Well, there are things which are really that still needing up some mix of luck since not all that you do look good would turn out to be that developmental or something that has potential because there  would really be things which you have thought
that they dont have value but turns out to be a huge thing in the future which it would really be leaving out that kind of regret and disappointments on missing on buying that spot.

 The world is currently experiencing a large surplus of goods in many items. Production is growing rapidly, but purchasing power is falling. So having a lot of goods and a lot of real estate is a big chance of having an illiquid asset. It is just frozen money that is very difficult to convert into regular form

[Fortify]

We can invest in property, if we have knowledge about real estate market. We can perform low bowling strategy by visiting 100 properties which are on sale. We can filter 10 properties of of ten, then we can filter 3 out of ten and offer 70 percent price as comparison to real price, then we can choose best from last three properties. We can see which person and buy property from that. Rental properties are best options because these give fare after every month. We can also take advance from lessee. After 5 to 8 years, retal property value will be double. In this way, we can in rental properties safely.

We can also invest in commercial market and we can work on it and then sale it, it is very advantageous. Commercial market also give bare and its bare increases speedly. Commercial Market price also increases speedly. We can invest in plots if we have knowledge about the area in which we are investment. In a long term, property plot value increases.If we have least amount of money, we should invest in rental property that will give fare  and equity. By investing in plot, we cannot get  fare but we get equity. Commercial investment is a best investment if we have a large amount of money. Commercial real estate value increases speedlyas comparison to rental properties and plots.
We see , millioners are growing from real estate. Other businesses are also available but real estate industry is fast income growing industry. Builders also get benefit from real estate, they work on foreigners projects, builders invest foreigner  money. Real estate industry is continuously growing.

Property is just one aspect of wealth and certainly not what is keeping most people rich. Businesses making products or offering services, which are structured to make a profit, are what makes most of the money go around in this world. Those with the most in demand products that are able to maintain the highest profit margins are what everyone really wants to own. Property can come with a whole bunch of problems by itself, like upkeep or non paying tenants, renters going bust, damage from freak weather events and they are not immune to problems. It also works in cycles, generally it will go up but there are times when it can drop quite drastically in the economic cycle and take a while to recover.

[Compromise me]

We see , millioners are growing from real estate. Other businesses are also available but real estate industry is fast income growing industry. Builders also get benefit from real estate, they work on foreigners projects, builders invest foreigner  money. Real estate industry is continuously growing.

One can make significant gains through a variety of investment strategies, but which one will work for you will depend on your own circumstances. It is true that the real estate industry is rapidly expanding and that many people are finding success there. But first, keep in mind the startup costs, the investment strategy, and the best ways to reach your target market through advertising or market research. You seem quite sure about this business, and I don't dispute that, but at the same time, it's not as simple as you made it sound and requires a thorough knowledge as well.

Yes, knowledge and experience is requirement for this industry. If you have no experience about market and you don't know how many dealers are working in your visiting area. You should know about your area market price. Land value depends on location. In real estate, firstly we se location, location and location. If you can calculate the cost of property and you can calculate net fare after one year, It will be very helpful for the person. If we want to increase equity and we make long term plan, we can buy plot, whose value will increase if that area surrounded by housees or if this area will become commercial. Commercial area value is much greater than residential area.Shops are  good investment sites and you can improve that shop and you can sale after 1-2 months. And you will get a huge amount of profit.

[Gozie51]

There are many people working the real state market both big and small players, it is pretty much a classic in most countries. Getting deals as you describe is possible but it requires lots of time an work, and knowledge, so it is not as simple as getting some financing and jump in the market. Also, some countries have a better streamline of services for renting and refurb than others.

Yes it is not an area for novice to just jump in to start investing. It requires a lot of research to buy a plot of land that is not under duress or court litigation because they are some properties that could be under such circumstances but the owner may not disclose in details. So before commiting into payment, the buyer need an effort to make enquiry on the status of the property before such is done. There is a lot of due deligence in the purchase of landed properties and the documents need to be verified.

[Smartvirus]

I an agree with you that not all millionaires come from real estate. With that been said,
You might find out apparently that real estate isn't an investment option for the poor as, you often need a lot to invest with and have a long time to wait. Most of which can't be determined or projectable for marginal enjoyment of investment and some might even last a life time.

Following the steps in OP, one can say you know what your saying and probably doing wha you say but then, how can the poor profit in real estate business? It just seems to be a business for those that make 6 figures to make 7 figures and more. Where does it leave those that still dine with 5 figures and below.

The goodnews for most remains in the fact that, there are options outside real estate and the poor could invest there time and resources to still build a fortune that would last a lifetime and earn them the millionaire status as well. Real Estate isn't the last hope of a poor dreamer.

[Emmanuelex]

Good advice. So far the only investment I have our of the options you have mentioned is lands. I inherited a huge land property from my dad, and I intend to leave it there for now, as it continues to increase in value. Land is a good investment where I live, and it keeps getting costly almost every year. So I am grateful for what I have so far. I also plan to make other good investments in the future, such as real estates, and more.

[blockman]

There is no doubt that the money really is also in the real estate market. As much as I want to have many of it, the reality is that you need huge money on it to start unless you find a good financing where you'll not going to be hit by a huge interest rate thus, that requires a huge money to start. It is true that billionaires and most rich people are into real estate, we can copy their strategies and think like them but without doing actions, we're mostly just wasting our time on it. Land assets are appreciating yearly and that's why if you don't get one today, next year the price of it will increase but it varies from locations. Regardless of that, the sellers are also crazy these days when they're like putting higher prices than the market price.

[kryptqnick]

Investing in real estate is one of the most obvious things to do, but that won't necessarily make a person rich. Firstly, the vast majority of people can't afford to buy real estate because it's a very significant amount of money to pour into something. Secondly, if the property is fairly spacious and renovated, it can be a real challenge to rent it out at a decent price, unless you live in a country where the demand for rent is much higher than the supply. And a lot of things depend on a country if you think about it. The prices, the market's stability, the demand depend highly on where you are.
What's attractive with Bitcoin is that you don't need a huge amount of money to invest, whereas you really need a significant amount of funds available to invest in real estate.

[tabas]

We can invest in property, if we have knowledge about real estate market. We can perform low bowling strategy by visiting 100 properties which are on sale. We can filter 10 properties of of ten, then we can filter 3 out of ten and offer 70 percent price as comparison to real price, then we can choose best from last three properties. We can see which person and buy property from that. Rental properties are best options because these give fare after every month. We can also take advance from lessee. After 5 to 8 years, retal property value will be double. In this way, we can in rental properties safely.

I've been doing this but guess what? I don't have enough yet for downpayment but I'm just trying to get into that vibe and energy that someday I'd really get to pick and choose from the properties that I am looking at. I agree that rental properties are the best because even if you don't work, and while you sleep, you're earning. Who was that again when he said that we should find a way to make money while we sleep, was that Warren Buffett? Getting into venture of real estate is the rich's game.

We can also invest in commercial market and we can work on it and then sale it, it is very advantageous. Commercial market also give bare and its bare increases speedly. Commercial Market price also increases speedly. We can invest in plots if we have knowledge about the area in which we are investment. In a long term, property plot value increases.If we have least amount of money, we should invest in rental property that will give fare  and equity. By investing in plot, we cannot get  fare but we get equity. Commercial investment is a best investment if we have a large amount of money. Commercial real estate value increases speedlyas comparison to rental properties and plots.
We see , millioners are growing from real estate. Other businesses are also available but real estate industry is fast income growing industry. Builders also get benefit from real estate, they work on foreigners projects, builders invest foreigner  money. Real estate industry is continuously growing.

Commercial market or commercial real estate are way more expensive than the typical that we're renting. But yes, the money is more with that and if you've got decent money and it's just in your savings, try to leverage that make money from it through propertal rental and investing more on it. Make an empire of real estate properties where you'll just get to be the property manager or you can hire someone for you to manage that while receiving the profit monthly. Try also to sneek into areas where they're just about to get developed. The lands there are a bit cheaper than the commercialized and potential profit there is also gonna be high when the right time comes that the area becomes developed.

[Helena Yu]

If all successful millionaires are from real estate, it means: people who own 10,000 Bitcoin is poor, people who own 100,000 Tesla shares is poor, people who work as senior full stack developer is poor etc. Every motivators will always say real estate is the only way to become rich, but actually isn't, they're tend to convince people to start a business even it's small.

This forum is Bitcointalk, if it's realestatetalk then I wouldn't surprised to see this kind thread.

[khiholangkang]

Investing in real estate is one of the most obvious things to do, but that won't necessarily make a person rich. Firstly, the vast majority of people can't afford to buy real estate because it's a very significant amount of money to pour into something. Secondly, if the property is fairly spacious and renovated, it can be a real challenge to rent it out at a decent price, unless you live in a country where the demand for rent is much higher than the supply. And a lot of things depend on a country if you think about it. The prices, the market's stability, the demand depend highly on where you are.
What's attractive with Bitcoin is that you don't need a huge amount of money to invest, whereas you really need a significant amount of funds available to invest in real estate.

I agree with you, and also the increase in the price of real estate assets does depend on the geographical situation of the place if you find a place in a metropolitan city, it will definitely develop fast, but it does require enough resources if we want to invest in it especially if you want to build property on it Or shops or anything, but indeed this can be more clearly calculated the benefits in the long time if you are able to manage it well.
Some additions in investing in Bitcoin we do not require maintenance costs like real estate, and have it without having to pay annual taxes.

[KiaKia]

My parents own houses they are currently making money from, which is a good investment, but they have always complained about poor tenants who destroy everything in the house, and when they leave, they sometimes remove items that would be useful to future tenants, some people are this bad.

In most cases, when they get paid, they have to spend more than 70% of the money they receive on home repairs and damages. Managing a house isn't easy, which is why some choose other businesses and investments. You have to know what you are going into, and whether it is a good idea for you.

Don't always think about the amount you will make per year when making investment decisions, make sure it is something you can handle, it's all down to location or country but this is what my experience about housing is like.

[Pierre 2]

I feel like real estate investments are safest ones unless you are on earthquake zones. But eventually this totally depends on country. Some countries like Japan is small but population is decreasing. Demand for real estates are constantly increasing only in countries where they make lot of babies + high migration. If we consider environmental crises too Europe is very likely good market for future because of these.