I realise that today the role of real estate in becoming a millionaire is not as common as it was but if you go through the history of most millionaires you will find that property is the major factor in starting them on their road to riches.
I have been involved in the property market all my long life and you do get to know a bit over time
In my opinion, the real estate industry has produced the largest number of self-made multi-millionaires (and billionaires). In fact, nearly all of the richest people own significant real estate investmentsincluding land, commercial buildings, and residential housing. Unaccounted for amongst the Forbes 400 list, are thousands of small-time real estate multi-millionaires.
In addition to income and price appreciation, real estate provides significant tax breaks, which allow for further wealth building.
