I have real estate holdings and I make "mailbox" money through royalties on lease agreements for the exploitation of natural resources. Timber, natural gas, water. We have no liens on our holdings, (no mortgages). Annually our property values consistently rise. Our holdings consist of 20K acres and 50 single family homes.
Yes. And the COST to mine or transact are not imaginary. They are liabilities, which puts the REAL value in the negative at the start.
Yes, real wealth comes from land ownership.
I have real estate holdings and I make "mailbox" money through royalties on lease agreements for the exploitation of natural resources. Timber, natural gas, water. We have no liens on our holdings, (no mortgages). Annually our property values consistently rise. Our holdings consist of 20K acres and 50 single family homes.
Not a mogul, but we live a comfortable lifestyle.