Tuesday, April 28, 2009

Creating Wealth and Building Wealth

Creating Wealth and Building Wealth are considered by many to be an integral part of success. Wealth can provide independence and many opportunities for success in other areas of your life. Nouveau Riche can help you to understand the aspects of creating wealth in great detail and start you on the fast path to building lasting wealth. Take a look at a list of the World's Richest People as compiled by any number of organizations such as the US "Forbes 400 Richest Americans", or Australia's "BRW Rich 200 List", and look at where each of these individuals have built their wealth. Whilst these people have generated their wealth from a very eclectic field of businesses and professions, one stands out as more common and re-occurring than the rest: Real Estate!

And for those that haven't generated their wealth directly in real estate, many of them will use real estate as a secure and solid asset to funnel and further grow their fortunes. So what makes real estate stand out above all the other asset classes as the vehicle of choice for wealth creation? There are a number of reasons, of which Nouveau Riche expands on for you, but mainly four principle ones:

1. Leverage
When purchasing real estate, it is not uncommon, particularly for a house and land package, to be able to borrow 80% or 90% of the purchase price. Depending on the location of the land, the lender, and your borrowing position (i.e. whether you already have other assets or secure "professional" employment), 100% lends are also possible. If you went to your bank and told them that you wanted to buy their publicly listed shares and wanted a loan to do so, in most cases they would only lend you maybe up to 70% as a margin loan on listed shares in their very own bank! And yet this same bank would probably be more than happy to lend you 80% or 90% to purchase a well located property. This is a testament to how highly regarded, well chosen and well located real estate is as a secure and solid asset class.

The Nouveau Riche Real Estate Investment College students learn how technology can save time, money, and effort in real estate investing. As they are guided through a step-by-step process of analyzing properties for purchase based on the results achieved from the Property Analysis Wizard (P.A.W.)™ software, students learn how to determine short-term and long-term strategies for single-family and multi-unit properties. The importance of a power team, how to construct property offers, and how to prepare legal documents for properties will also be covered.


2. A Real Asset - Everybody Needs a Roof Over Their Head
Unlike "paper assets" such as stocks or derivative market instruments, real estate is something real and tangible. It physically exists! Even more importantly than this is the fact that everybody needs a roof over their head, and we all need space and a place to live. As long as there are people in a given area, there will be demand for real estate.

3. Limited Supply
Unlike virtually every other asset class, real estate is finite. Sure we can always build taller buildings with more apartments in them on the same size block of land, but there is only so much land, and only so much "well located" land near to public amenities, employment, and transportation. For now let’s merely point out the second reason why real estate, particularly the land component of real estate, makes for such an outstanding asset class: because they aren't making any more of it!

Nouveau Riche students learn how to leverage the power of the real estate investing system created by The Real Market Experts (RME), called the Investor Concierge™. This class demonstrates ways that students can maximize their experiences with this proven system and how to leverage someone else’s time to do much of the work for them. Students learn the ins and outs of using this system and ways to incorporate the real estate education they have learned to build a successful and diversified real estate portfolio in some of the hottest markets in the U.S.


4. Price Inflation
As discussed in point 1, your "leverage", or ability to borrow 80%, 90% or 100% of the purchase price of a piece of real estate, is only powerful IF your property appreciates in value. If it depreciates... you could find yourself owing more than you originally borrowed! Whilst that may be a scary prospect, it is also pretty easy to avoid. This comes down to the correct "Real Estate Selection" which Nouveau Riche can educate you on.

Nouveau Riche students learn what makes an apartment building different from other investments. Students learn methods for increasing income and lowering expenses, securing financing and working with municipalities. Students examine all aspects of structuring a deal through the final submittal of an offer to purchase. Also presented are innovative strategies that identify creative opportunities to acquire and increase the value of multi-unit buildings. Students examine real-life examples and “run the numbers” from the start of targeting a property, to deal analysis, purchase, subdivision, and profit.

As time passes, you are creating a snowball effect, and your wealth will continue to multiply given stable economic conditions and well selected property in the right location. It is the goal of Nouveau Riche to educate you with all the tools, knowledge, and expertise. And combine that with a community of like-minded individuals as well as a full network of benefit companies to make sure you can begin building wealth through real estate investing. Get it right the first time and multiply your profits over and over again.

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