Monday, April 27, 2009

Build Wealth Through Real Estate

Would you like to learn how to build wealth through real estate investing? More than 7 million American households today claim total assets of a million dollars or more. But it's far more likely that you're among a group called the mass affluent, people whose total assets add up to anywhere between $50,000 and $1 million. The initial advice for building wealth may sound familiar: pay off credit cards and resolve financial loose ends. Buy your primary residence. And put money in savings plans so you can draw money for the kinds of investments that repay income for a lifetime. The Nouveau Riche Real Estate Investment College would like to introduce to you an easy and effective way to learn how to build wealth through real esate.

While there are many ways to get rich, two definitive ways ensure lasting wealth: owning incoming-producing real estate and investing in an innovative company, product or service. The Nouveau Riche Real Estate Investment College can educate you on the full spectrum of real estate investing and give you the knowledge and confidence to be able to build wealth through real estate. Nouveau Riche can also give you an opportunity to profit as a business owner and entrepreneur so that you can benefit from both angles to create multiple streams of income and ensure lasting wealth.

If you dream of being really rich, you will need to actively invest in real estate. Building up a nest egg with the equity in your home is a fine thing. But what distinguishes the model for getting rich, staying rich, passing it on and paying it forward is its emphasis on investing in current and future income-producing real estate. Some say that on average, 23% to 29% of your wealth should be allocated to real estate. Here's how it breaks down: 11%-13% of your real estate investments should be equity in your principal home, 3%-6% should be income-producing property, 5%-7% a second home, 3%-5% other real estate holdings such as REITS, 2%-4% undeveloped land, and 2%-4% third or additional homes. There are a slew of caveats, of course, on top of the myriad decisions that go into selecting the right properties. Nouveau Riche will walk you through gauging your risk tolerance to finding financing, but because situations differ you will be educated on every aspect instead of just what applies to you.

The second secret of the super-rich, according to the wealth experts: opening your eyes to entrepreneurial opportunities around you. At least one-quarter of your investment dollars should be in enterprises that develop products and services or invent breakthrough technologies, they have found. Easier said than done you might say. Some may suggest putting out feelers with friends and family, talking to your lawyer, accountant or banker and looking around your workplace to see if there might be a new way of doing things or new product that has future potential. Even a walk around your neighborhood might reveal the need for an Internet cafe or movie theater. But as with all investments, it takes due diligence and time to create a realistic business plan. However, Nouveau Riche has developed an entrepreneurial opportunity that can give you an opportunity to be a business owner and immediately begin pulling in large profits. Nouveau Riche will also provide in depth training for this type of entrepreneurial training so that you can maximize your potential and build wealth through multiple streams of income.

Learn More About the Following:
Nouveau Riche Real Estate Investment College
The Nouveau Riche College Experience
Wealth Creation through Nouveau Riche
Education for Real Estate Investing
Real Estate Investor Mentoring
The Nouveau Riche Community Experience
Entrepreneurial Opportunity
Nouveau Riche and Jim Piccolo
Nouveau Riche and Bob Snyder
Nouveau Riche Student Testimonials
Nouveau Riche Training Events
Is Nouveau Riche a Scam?
Nouveau Riche Charity Relationships