Publisher's Synopsis
"The Eight Levels Of Homeowner Wealth Multiplication" is a unique look at what history shows is the single best method for building wealth and net worth that is available to the average person or family. Written by a Chartered Financial Analyst and real estate investment expert, the book is based on many years of research. What that research convincingly shows is that buying a home with a mortgage unlocks eight different levels of wealth multiplication. At the same time, for the two thirds of the population that own their own homes, the average is for almost half of their net worth to be in home equity - an amount that is about equal to the value of all their stocks, bonds, checking accounts, and retirement accounts combined.Those two numbers are not a coincidence. As explored in the book, the reason that so many millions of households have become "house rich" in the past - and the reason that so many millions more are likely to become "house rich" in the future - is because all eight levels of the multiplication of wealth are working for them.Now, many people would say that people become "house rich" because the values of their homes keep climbing. However, when we look at what history actually shows us, once we adjust for inflation and remove the mortgage - genuine increases in home values have historically accounted for a mere 3% of the average increase in home equity for the average family (or real estate investor) over ten years.The other 97% of wealth creation? It is all in the other seven levels of the multiplication of homeowner wealth.The first book in this series, "The Homeowner Wealth Formula", explored the first four levels of the multiplication of wealth. This second book completes the picture, and shows the truly remarkable history of rapid wealth creation from all eight multiplications when they are working together.- Learn the eight different times since 1975 that homeowners have "Won The Lottery" on a national average basis, with their home equity in their first ten years increasing by an amount that was about equal to the entire original purchase price of their homes.- Use the eight levels of multiplication and eight corresponding wealth maps to understand where every dollar of those eight "lottery wins" came from, and why history shows us that a home buyer has about a one in four chance of "Winning The Lottery".- Learn exactly why the national average for homeowners is to almost double their home equity in the first three years they own their home (with an 80% loan-to-value mortgage).- Use the eight levels of multiplication and the wealth maps to uncover why the historic national average is for homeowners to triple their equity in seven years, and to quadruple their home equity in ten years.- Use the eight levels of multiplication and the wealth maps to learn how homeowners (and real estate investors) can protect themselves from the high rates of inflation that can come from soaring national debts. Learn the dollar by dollar secrets of how to flip a 92.5% destruction of the value of the dollar into a 66 to 1 increase in home equity.- Learn how to take advantage of the multiplicative relationship between a soaring national debt and a growing population. Use the eight levels of multiplication and the wealth maps to see how to turn future inflation and future population growth into a potential 100 to 1 increase in home equity, turning $45,000 into $4.5 million in the example shown.The Homeowner Wealth Formula has historically created more net worth for the average person - the majority of the U.S. population - than any other form of investment. Whether your interest is as a homeowner or as a real estate investor, understanding all eight levels of the multiplication of wealth will give you the ability to make better and more informed decisions about what may be the most important investment of your lifetime.
