It Almost Makes Too Much Sense

Del Walmsley, the founder of Lifestyles Unlimited, Inc. has taught and lived by three fundamental rules in his real estate investing career. These rules make so much sense you might not see them at first because smart people have a hard time letting go of belief systems that took them a lifetime to build.

Let these rules soak in until they become clear to you. Once you can see them you’ll wonder how you ever let yourself put money into risky investments.

Interestingly enough, these ideas aren’t new. They’re based on timeless principles that have been around thousands of years. They are the same principles that Benjamin Franklin used to create a massive amount of wealth over 225 years ago. They are the same principles that Andrew Carnegie used and passed on to Napoleon Hill who included them in his famous book, “Think and Grow Rich.”

These are the same principles that Warren Buffet lives by and has been trying to tell you about for years but you didn’t hear him.

You Won’t Get It

Even now, after putting these rules into an article and releasing them to the world, most of you won’t get it. You’ll think it’s too good to be true, or too boring, or too whatever.

That’s the paradox of true wisdom. Napoleon Hill, Warren Buffet, and now Del Walmsley have been screaming from the mountain tops over the last 100 years, but only a few will listen and even less will take action based on this knowledge.

What Warren Buffet Has to Do with Real Estate Investing

A lot of people wonder why we reference Warren Buffet while, at the same time, putting down the stock market. Many stock investors look up to Warren Buffet for guidance, but they don’t realize that he is in a very different business than they are.

Warren Buffet is not sitting behind his PC on an Ameritrade account buying and selling stocks for his 401k. In other words: he is not buying stocks at retail with his own money. Warren Buffet is buying entire companies at wholesale with other people’s money.

Retail vs. Wholesale

Can you see the difference? It’s subtle, but it makes all the difference in the world. Let’s start with retail vs. wholesale. Warren Buffet finds companies that he can buy for fifty cents on the dollar. In other words, he is sticking to Del’s first rule of investing: Don’t lose money. More on that in a minute.