General Facts About The New EliteFor every 100 new elite members in the United States: The average age is 47 years old90 to 95 made the money themselves; only 5 to 10 inherited it90 are college graduates; 10 are notFor those who are college graduates, 3 out of 4 did not attend an Ivy League school8 are Asian (defined including those from Indian subcontinent); nearly 3x the rate found in the population96 do not own a yacht; 4 do50 haven’t furnished their homes in any way that would reflect their economic statusFamily Background: For every 100 new elite in the United States: 8 grew up in poverty28 grew up in lower middle class36 grew up in middle class25 grew up in upper middle class8 grew up in a wealthy or affluent classNotice how only 8% of the "The New Elite" millionaires in this group grew up in a wealthy or affluent class family.

I performed a credit/background check and had a misdemeanor charge of retail theft that he claims that he was not charged for and that it was a misunderstanding. 

A little about myself, my background is in investment analysis. 

Thanks for the mention Vish.Denise, like you I am an engineer by background as well.

Having a marketing background should help with the wholesaling side of the business.  

The research I have done on title searching has led me to 3 online courses of interest but I have also seen that if I want to work for a company I will need some college background in law.  

There is no tax code requirement that a 401k trust have a custodian or 3rd party administrator, but that has always been the dominant paradigm in the Wall Street world of investing where trades are institutionally processed.  

@Jeff CaravalhoFirstly, I'm not a neutral source on this topic as my company provides self directed IRA and 401k plans offering checkbook control.I wanted to comment with the simple aim of painting the background.  

You definitely have a back ground that will be to your benefit.  

I own my own home, but have no other experience investing in real estate (although I have a significant background in commercial construction).