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Last issue I talked about seeing Bob Proctor and the notion of living your life as the lead star in your own life movie.

What Bob was really speaking about was mindset.

While in Australia, we were looking at prospective property.

What we found interesting was the mindset of the locals and vacationers who we ran into.

Now in an age where we are feeling the impacts of a sub-prime mortgage crisis and a looming recession, I'm certainly not blindly suggesting real estate is the best vehicle to use in your wealth building plan.

But what I am suggesting is that the mindset you bring to assessing any opportunity is vital.

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Secondly, the real estate isn't going to go anywhere, so in that regard it is relatively less risky than many other types of investments.

But ultimately, the successful wealth builder is going to look at the situation, crunch the numbers, and determine whether the opportunity cash flows positively.

And he or she is certainly not going to assume that the only way to acquire the property is by funding the entire acquisition him or herself.

There is a key distinction in the attitude of the wealthy.

Learn to tap into that mindset and it will make a world of difference in terms of what's possible for you.

And perhaps one day you'll be a real estate magnate with property on the Australian coast.