Real estate can make you a millionaire.

Sure, this might sound like the promise of a late-night television salesperson trying to get you to attend the latest “free seminar,” but the reality exists: real estate is a powerful wealth building tool that has made millions of individuals millionaires.

The problem with those last night seminars is they teach you a something about real estate investing (flipping houses, etc), but very little about doing real estate.

How to negotiate and get the best deal? What are the important parameters and contingencies for a purchase? How to obtain all past the property information? How to develop resources? And very importantly, how to assess the true value of a property.

Most of these investors rely solely on the internet for information. They go to places like Zillow, which is highly unreliable.

In fact, Zillow CEO Spencer Rascoff provided absolute proof that Zillow “Zestimates” (property valuations) can miss by a mile. Rascoff sold his own Seattle home for $1.05 million – 40 percent less than the Zestimate of $1.75 million shown on Zillow!

So for anyone who wants to build wealth through real estate, it’s a good idea to actually practice real estate and learn about contracts, property valuations, negotiating, and develop a host of resources that were helpful to an investor.

And if you’re going to learn to practice real estate with the goal of investing, wouldn’t it be wise to learn to practice from someone like the WRG Broker, who has extensive experience in Real Estate, Finance, AND Real Estate Investing?

This is exactly what Watkins Realty Group offers – the opportunity to obtain a California Real Estate license, and learn how to practice real estate by doing some boots on the ground transactions. 

With your license in hand, and some practical experience under your belt, your chances for real estate investing success are much higher – and because of your experience – your risk should be significantly lower. 

You won’t make the kind of mistakes that amateur real estate investors make – like poor negotiating, paying too much, inaccurate comps, and poorly written contracts.

To learn more about long-term real estate wealth building, see our article on the Primary Real Estate Wealth Generators.