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Tuesday, April 17, 2012

How Do I Plan On Creating An Empire?

So how do I plan on creating an empire?

One of my passions is Real Estate Investments.

Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit.

I want to buy and flip houses

  • Flipping is a term used primarily in the United States to describe purchasing a revenue-generating asset and quickly reselling (or "flipping") it for profit. Though flipping can apply to any asset, the term is most often applied to real estate and initial public offerings.

I want to buy houses that need some work, fix them, then sell them for a profit.

I also want to own real estate.
Yes, I want to own residential properties, but I also want to own commercial real estate.

Definition of 'Commercial Real Estate'

Property that is used solely for business purposes. Examples of commercial real estate include malls, office parks, restaurants, gas stations, convenience stores and office towers. Commercial real estate is one of the three primary types of real estate. The other types are residential real estate, which is used for living purposes; and industrial real estate, which is used for manufacturing and production. The businesses that occupy commercial real estate usually lease the space. An investor usually owns the building and collects rent from each business that operates there.


  1. Sounds like a good plan. What are your first steps?

  2. Your reading my mind, that will be my next blog : )