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, 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.