Topic: All millions are from real estate. (Read 929 times)

Yes, you are right. E -commerce community is growing. There are thousands of opportunities for a person to become a millionaire through e- commerce business. But when you have money, then you should invest in real estate because real estate gives you passive income. And if you continuously invest in property wisely, you will get profit. In real estate investment, location matters a lot. One quotation about real estate is very famous, in real estate investment, location, location and location. Real estate gives you benefit if you invest for a long term, and if you have knowledge about area in which you are investing.

The weird thing is that we have enough room to house everyone, you can get all 8 billion people, give everyone one house, as in literally 8 billion houses, and it would fit in Africa alone, even without considering other continents and nations. So, I think it's quite important to realize that we are not going to end up with lack of room for development. All you have to do is find good places that will benefit you and you could make a profit from it if you want to.

You just need to be careful where you pick the land, if you pick a land that will gain value in the future, then you could develop housing there and you will make a profit. You can't do that at the center of New York, but you could do that at a farming town nobody lives for now, and in 30-40 years maybe it will be crowded, pick a place like that.

There are many aspects that support relatively fast price increases such as location and surrounding developments, indeed the property or real estate business does not have a big risk, but you must also realize that the profits in this business take a very long time, indeed it is still quite worth it for the future but we also have to have calculations for business opportunities or other investments to get bigger profits.
I think the property or real estate business is suitable for people who already have more money / more money after doing business or other investments.

While the land has a limit to be occupied for many countries. The value of it increases and that's how it becomes profitable.

As we want to have our own properties and use it for rental as a business, not everyone is easy to afford it. For those that don't have money for downpayment or capital to start, it takes time if you really want to push it.

Location is a priority especially on the area and spaces whatever you are planning to do with that land property.

Any business that we will develop must also see opportunities and as consumer needs, if real estate is forced to run in rural areas it will never develop because there are many considerations that it is not suitable in rural areas. So this is not a way to make a profit but rather trying to make speculations about results from the venture. It's different if the concept is developed in urban areas, then real estate becomes a promising business. The question is where can we get the funds we need? Because to build this business requires a large capital.

In terms of achieving wealth, risk is one that cannot be separated, the greater the risk we take, the greater the opportunity to make a profit. Try doing a survey about millionaires and almost most of them are people who are willing to take risks, but also cannot ignore considerations when we decide to take risks. The fear that we have will make it difficult for us to get out of the comfort zone itself and when we have plans to move to develop whatever business we want, then make careful planning and forget about excessive fear.

"There is no successful person who has never experienced failure and there are some who have to fall up and down in pursuit of success." At least that's what we often hear and almost all of the facts say so. Dare to get out of your comfort zone and also have to be brave to take risks, the rest can be learned from technical matters and most importantly capital is an important requirement that is really needed.

Not gonna lie, I agree with you on this. I had the capital to invest but it was in covid time. Back in 2020. There was this land that I could have bought at a very cheap price but didn't make the deal just because the land was a bit far from the city area. After the covid was over, the development started and it reached that land. Now the price of that land is out of my reach.

And I talk about "Huge Capital" only because now I lack that. And people only talk about what they lack. That's the case for me as well here. So ignore me on that part if I had dragged it out too much. And low-cost investment and leveraging are not available where I live. So I lack that knowledge too. Thanks for sharing this.

Good point here. You can own lands but without putting effort into it then no millions will be produced from that. Whatever value you have, if you know how to handle it and make a profit from it then millions will be possible. However, I'd like to point out that your statement regarding people pushing other people to buy more land for land-owning cause the prices for rent to jack up and for only the rich to have the capacity to own a house, is irrelevant for these people. They don't care what those who cannot afford are going through, their primary concern is being able to invest or buy and sell then repeat.

It can be said that many millionaires understand that property or real estate is a low risk investment but has a high profit potential, they understand that the increase in population will require a house or apartment so that it becomes a good business opportunity.

You say something that makes a lot of sense, because real estate investment is mostly done by those who have capital or a larger amount of money in their life. So that simple people who only have small amounts of capital can only invest in the crypto space, because Bitcoin can be purchased with very small amounts of money so those who don't have a lot of money will not be so troublesome if they want to invest in their future by implementing DCA strategy as you put it.

Investing has become very important now so everyone who is aware of this must also look at the level of ability they have in investing. Thus, those who want to invest will also choose investments according to their current abilities, for example, gold and crypto investments which can be done by everyone. Including people with very low incomes, because they can buy them in very small quantities and try to accumulate them gradually so that they can become more.

Some are working to make it happen in real estate while you're busy telling people what they can and cannot do. Yes, even your cherished diversified portfolio is rife with risk. But here's the deal: don't expect others to have the courage or intelligence to negotiate the real estate minefield if you lack those qualities

Oh, and this "huge capital" fiction you're spreading, too? The information is out of date. There are numerous possibilities for leverage and financing. People are using their brains, not sitting on wads of wealth. You're trapped in a box and believe that real estate is all about prime locations with good connections. Ever consider prospective areas for growth?

Remain focused on your low-cost endeavors. Some of us think that real estate timing can be as powerful as compound interest

Indeed, it holds true that delving into the realm of real estate can yield substantial profits for those adept at the art of negotiation. Furthermore, the intrinsic value of property is akin to a snowball effect, progressively appreciating in value as time advances.

Nonetheless, this path does not impose itself as the sole trajectory for aspiring millionaires. A plethora of alternative domains proffer promising returns, such as the realm of entertainment and the trending sales sphere on TikTok at present. Numerous individuals are reaping financial rewards by harnessing the power of social media commerce. In a parallel vein, YouTube offers a haven for the creatively inclined, where video content can be both crafted and monetized through the aid of Google Adsense.

The crux of the matter rests in aligning one's talents and passions. The pursuit of millionaire status need not universally gravitate toward the real estate sphere; a multitude of avenues exist for those with varied aspirations.

Speaking about Bitcoin investment then yeah it does really give out that kind of chance and probability on making money or profits but we know that once the market goes south then you would taste out some negative.
Unlike if you do make yourself get involved with real estate which income could really be that passive at the same time on which that particular property would really be having that appreciating value on which its a win-win
situation and this is something that you would really be that looking forward into. Bitcoin and real estate business is totally different i would say or something that cant really be that be compared in speaking about passive
income because this isnt something that you could really be able to get on dealing with crypto space. Its true that not all people would really be having that kind of financial capability in speaking about buying properties
or those real estates which we know that its never been cheap in the first place. This is why rich becomes even more richer just because they do really have that kind of capability on buying things which could really generate
out income on constant manner.

Well said and there's also the REITs. If someone didn't come by with that, that's a cheap way to invest in the real estate but note that it's not that you own the property. It's like pool funds that you invest into real estate companies and they're the ones managing it for you just like index funds.

There's no hype in the real estate, it's just it's been there since long time ago and with the limited land resources that we've got, that's why its value keeps on appreciating over time. That's the sad truth that you've mentioned that not everyone can own their own houses and that's why those that can't afford it have chose to rent and those that are capable of buying their own, they're buying and having it rented and that's why it's a strong passive income.

All millions come from owning something of value. It doesn't matter if it's real estate or not. Sure it's the most reliable out there but at the end of the day as long as you're invested in something that will yield you dividends in the future it's all good really.

I understand the hype surrounding real estate now but it's people like these who pushes people to buy more into the land-owning business that causes prices to jack up and rent to increase in value. You gotta understand that somewhere along the pipeline a low-income earning member of the society is stuck between homelessness and paying their rent, all because housing prices are jacked up to astronomical levels that owning a house right now is reserved for rich people and renting is your only recluse if you don't want to live in the streets.

I agree with you, when talking about becoming a millionaire, you don't have to be a real estate agent (indeed, so far the Real Estate Business has the potential to become a millionaire). Because not all places are suitable for Real Estate business as you say. The three examples you mentioned have the potential to become millionaires in various places, if you do it seriously. Because the key to success is being consistent and serious in doing what you do.

Yes, that's right, the key is to dare to get out of your comfort zone. Some time ago what I did was try to get out of my comfort zone, and finally I got out of it. now you could say I'm getting a little comfortable with the uncomfortable. when this comfort has started a little I want to try something more extreme. Being able to get out of your comfort zone is a challenge, so the biggest motivation is wanting to be better than now.
So what I'm emphasizing right now is Take risks, dream bigger and hope bigger.
Choose the path you will go?

Get out of your comfort zone or enjoy your comfort zone and get stuck in the same place and in the same position.
some beautiful trails
can not be found
without getting lost

When it comes to millionaires who were born and grew up so strong from real estate it depends on your country of residence or if simplified then it depends on how your country requires real estate as a promising business. Even though I don't deny that real estate is developing so rapidly at the moment, if I look further it will only work well in urban areas. In rural or provincial areas Real Estate is not very developed as people can build their own dwellings and although the real estate is rented out, not many people use this service. On the other hand, I see many millionaires born from the womb of entrepreneurs in other fields, such as traders or freelancers through social media platforms. The progress of a country is also a consideration and what businesses have good prospects in the long term and so far I see that there are still people who prefer to develop businesses in this field?

1. Fashion and Retail
2. Health
3. Food & Beverage, others

The concept is that we have to dare to get out of comfort zone and have to develop this business in urban areas, because that's where more money circulates compared to rural areas. Everyone who dares to get out of their comfort zone has great hopes for success and most importantly is supported by financial resources in running any business. I don't believe some people who say building a business doesn't need money and today money is a very important medium to build any business.

The real estate business is not for everyone. And you are saying all about profits and growth. You need to understand that it also carries risks. There isn't a single investment that is immune to loss. Every investment has risks. Not to mention, you can not do much in the real estate business without huge capital. Those who are making millions already own huge money that they have invested in the business to make millions. It also depends on the availability and demands.
Finding a place where people need those properties is an essential step to your business's success. If we ignore all the ups and downs that come with the real estate business, we are still left with people's demands. Let's say you own a property in a remote land where the connection to the outer world is limited and less accessible. People will be less likely to choose that.

Real estate is not the best when you have less money to invest. Diversify your investment plan to other things that require less money. Start from a low budget and earn profits from them so that you can invest in real estate in the future. Setting a target will help while saving. Save until you can manage to invest in the business that you want.

Real estate investing specifically for people with medium-level wealth but everyone has the opportunity to invest in bitcoin even though they have different income rates, purchasing bitcoin assets is within reach according to individual financial allocations to build long-term portfolio assets, but investing in bitcoin does not guarantee you will get rich if one does not prioritize DCA strategy to invest at low prices, so prioritize each investment using 50% for the initial investment stage and the rest for the reserve fund needed to buy the second stage in bearish market conditions.

However, the most appropriate investment is to diversify funds for managing various investments between stable investments and crypto investments, even though we can't afford to invest in real estate, we can combine gold and crypto investments to balance investment value.

Yes, that right @iv4n . there is a huge amount of money circulating in this sector. As a small example of a housing developer or developer is a small example, if we look at it now, the impact of demand for housing needs from an ever-increasing number of residents continues to increase and increase from time to time. Many of the developers who are now young people are taking advantage of the moment to develop areas or areas by building housing such as houses or apartments, whether subsidized or not.

Knowledge and experience are really important when it comes to business or investing, but it also becomes meaningless if we don't have capital. So it can be said that both are very important and supportive of each other, it is impossible to say which is more important. But in today's era, raising capital will become more difficult than knowledge because with the era of internet technology development, the search for knowledge becomes easier than ever. And you're right, with a small amount of money, it is very difficult for us to generate large amounts of money these days with traditional industries.

Real estate is really an attractive investment channel because it can bring long-term profits or can also bring passive income if we use it to rent out. But the problem is it's not for everyone, it's only for people with a lot of money, so I will recommend crypto to everyone instead of real estate.