Who has over 2 Million in Real Estate Assets?

[Carole G.]

I am reading the Millionaire Real Estate Investor, about acquiring a million in real estate, then increasing equity to one million, then to one million a year in cash flow. I am just curious how many here on biggerpockets have over 2 million in real estate.

[Jon Holdman]

I for one would never post on the internet that I had $2 million of assets of any sort. Or any other large(ish) number.

I will also argue that there is a HUGE, HUGH difference between "controlling" $2 million of assets using leverage or investors and having $2 million of equity. Income real estate is a cash on cash game. $2 million of equity will produce a very nice return. A tiny sliver of $2 million of controlled property because you're over leveraged it or have a bunch of investors who own the bulk of it doesn't produce much income at all.

OTOH, being a syndicator can produce a very nice income. Even if the property doesn't actually produce much income for your limited partners. You'll get your management fees right off the top. Now, I'll argue that's a job and not an investment, but, hey, income's income.