Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago on .

Terms MILLIONAIRE, and RICH
They are brandished around by all the gurus. Everybody going to be a RICH MILLIONAIRE tomorrow. It's so F ing tacky.
But here is the thing, They are not interchangeable terms. Well at least not everywhere.
Not to mention "rich" is such a subjective term.
But anyway, how much do you have to have in net worth, where you live to be considered "RICH"?
My answer for my area, is that someone who is in his 40's or 50's and has $1,000,000 in net worth is good solid middle class.