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Real Estate Investing Is A Better Gamble Than The Lottery
Real estate investing begins when you move to the starting point. Get ready. Get set. GO... Are you ready to begin a real estate investing career? Or, are you already investing in real estate some, and want to expand your holdings? Or, are you investing in real estate a lot, but want to streamline your operation? If you prefer real estate investing to a J-O-B, here's a tip on the real estate investing gamble for hitting the jackpot, striking it rich, and quitting that day job!!! As one of my professors use to say, "Let's commence, to begin, to start, to get ready, to GO." Do you bet on the lottery? I am amazed at how many people throw their money away buying lottery tickets with such slim chances at winning! At the start of 2004, Tennessee cranked up its new state lottery. The news media fanfare went on for months. Tennessee hired the lottery director from Louisiana to set up Tennessee's system, and this media publicity aired every night on the news as the public was whipped into a frenzy. Finally, the kickoff. Within just weeks, the announcement aired that Tennessee had taken in $50 million in lottery sales, and then $100 million in lottery sales. Newscasters quietly mentioned, however, that a whopping $100,000 had been paid out already in winnings. Wow! $50,000 in winnings compared to $100 million in ticket sales. What a windfall. (For the lottery, that is) Then came the subdued mention that some store owners were shutting down their recently-opened outlets out of conscience at seeing so many ticket purchases by regular customers who did not even have enough money to buy groceries! And all this ballyhoo was presented under the guise of lottery money to subsidize college scholarships. Isn't it great for kids to get a good education, and isn't it greater that I can buy a lottery ticket - not in paying for my own kids' education - but to help other folks' kids get their education! And in the meantime, I might strike it rich!!! Come on. (Where is common sense logic?) Some fishermen friends several years ago liked to boast about how much money they spent every year on lottery tickets in another state. When I pinned them down to their actual winnings, they admitted they spent over $10,000 a year buying tickets, and they CLAIMED they always made more in winnings than they spent for tickets. Funny thing, however, they couldn't show me a tally of their win-loss record! If you are a gambler who wants to make it big in some game of chance, you need to visit Vegas instead of reading this article. But if you really want to win the big stakes without taking the big risks, real estate investing is a great game of chance! Oh yeah, I'm a gambler, too, but I like REAL chances at winning. I want the stats on my side. Twenty-five years ago I made one of the biggest gambles of my life by starting out with nothing and trying to hit the jackpot investing in real estate. It was a gigantic gamble because I had no cash and no credit. I was able to scrape together a $10 bill and a real estate contract, and I started shooting craps. No, sellers didn't like my offers. Most threw the contracts back in my face. Success did not come easily. I was often very discouraged and frustrated. I actually did not know at that time of anyone ever who had started investing with a $10 bill, and I have never heard of anyone since. But I never threw in the towel. And within a year, I had somehow bought almost one million dollars in rental properties! That's a gamble that paid off. I like that kind of gamble. Gamble when the odds are in your favor. http://CashinHouses.com/ Phil Speer, Ph.D., started his real estate investing career 25 years ago. Without the availability of credit and using only a $10 bill, he purchased $1 million in properties in his first year, and had accumulated $10 million in properties by his fourth year. He was featured in a Wall St.Journal editorial as most successful investor in the Nothing Down Real Estate Movement, and was honored with a Caribbean cruise as top investor of the year. In his hometown of Nashville, Tennessee, he has been a businessman and Human Resources Consultant for 30 years. He is an author, speaker and seminar director. To learn how to profit in real estate investing, even without cash or credit, read his report at http://CashinHouses.com/ Subscription is free to his Fix-up Ezine. He and other contributing authors provide free articles and resources on real estate investing at his online "Academy of Advanced Real Estate Investing Techniques" - http://AAREIT.com/
MORE RESOURCES: Blackstone's Beleaguered Real-Estate Fund Stems Exodus The Wall Street Journal Empty SF office tower at 995 Market St sells at near 90% discount San Francisco Chronicle Agencies' headquarters in DC remained 'nearly empty' in 2023, real-estate board finds Federal News Network Judge Approves $418 Million Settlement That Will Change Real Estate Commissions - The New York Times What’s on deck for Dallas-Fort Worth real estate in 2024 The Dallas Morning News One of the Top Billionaire Investors Owns 37% of This Real Estate Company – and I Can't Believe It's This Cheap Yahoo Finance Manhattan Real Estate Update: "Embrace the Boredom" westsiderag.com Commercial Real Estate Pros On the Finance Market: 'Not a Typical Cycle' – Commercial Observer Commercial Observer Bill Vanderstraaten, Scott Rohrman to join North Texas Commercial Real Estate Hall of Fame The Dallas Morning News Charlotte County cash buyers bolster mixed real estate market Gulfshore Business The agency imperative to manage real estate more effectively Federal News Network Former HGTV star gets jail time for real estate fraud WDAF FOX4 Kansas City REAL ESTATE SPLIT CORP. Completes Overnight Offering Yahoo Finance Reversing the Real-Estate Doom Loop Is Possible. Just Look at Detroit. The Wall Street Journal Commercial Real Estate Financiers Pivot Plenty in Changing Debt Market Commercial Observer Alternative Lenders Help Fill Commercial Real Estate's Debt Gap Commercial Observer Y Combinator alum Matterport is being bought by real estate juggernaut Costar at a 212% premium TechCrunch Fed Report Warns of High Risks in the U.S. Real Estate Market Norada Real Estate Investments Real Estate Split Corp. Class A Distribution Yahoo Finance Real estate 2024: Emerging from the storm? White & Case LLP SHANNA HUNT promoted to Vice President of Seabolt Real Estate Savannah Business Journal New CRE Clients Enter The Picture During Year of Dislocation Commercial Observer Cleveland's KeyBank Real Estate Capital names Midwest regional production manager – REJournals REjournals.com Macomb County real estate transfers recorded Nov. 27-Dec. 1, 2023 The Macomb Daily Letter to FERC: TDP real estate ad sparks Cheat Lake resident's concern about removing Cheat Lake land from federal ... The Dominion Post New-Home Sales Climb as Builder Incentives Pay Off National Association of REALTORS® REAL ESTATE | American Construction Services & American Architectural Group receive 1st Place 2024 American ... washingtoncountyinsider.com Naples real estate: Fewer sales, higher insurance. What is happening? Naples Daily News Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout The Wall Street Journal Brandywine Realty Stock (NYSE:BDN): Good Value in Challenging Real Estate Market - TipRanks.com TipRanks Washington County Real Estate Transactions NYVT Media These are the 10 best places to live in Massachusetts, according to real estate experts Boston 25 News Brockton-area real estate sales for Jan 22 to Jan. 26, 2024. Enterprise News Real Estate Sales Include Two Falconer Commercial Properties Jamestown Post Journal Montgomery County raises real estate tax Roanoke Times Casa Shares Raises $1.5M in Pre-Seed Funding to Democratize Real Estate Investing for Future Generations PR Newswire The Real Estate Agent Pledge: The Jason Mitchell Group's Commitment to Transactional Transparency and Fairness RisMedia.com Brazil launches public consultation on charging real estate tax for concession assets BNamericas English Is The Housing Market Going To Crash? Bankrate.com Baron Real Estate Fund Q1 2024 Shareholder Letter Seeking Alpha 21 Largest Real Estate Companies in the World Yahoo Finance Braemar Hotels & Resorts, Franklin Street in real estate gainers; Comstock in losers - Seeking Alpha 10 Real Estate Charts Showing What's Next for Housing: Ivy Zelman Business Insider Vegas luxury embraces green homebuilding Las Vegas Review-Journal From the UAE to the World: The Secret of Allegiance Real Estate's Global Dominance - Markets Insider Brooklyn Listings Six Months Later: Two Sold Brownstoner Office complex near Old Orchard sold at staggering discount Crain's Chicago Business Inside Bill Gates' real estate, from his Seattle to Florida houses Business Insider Austin real estate: March Capital's industrial project rises in Creedmoor The Business Journals Former Tower Records building sold at discount Crain's Chicago Business US faces real estate risks, Fed report warns Central Banking Elizabeth Herremans takes her Eagles connections to Serhant - Philadelphia Business Journal The Business Journals Real Estate Plays A Big Role In The Local Economy Therogersvillereview Big bill comes due for Martin Selig, giant of Seattle office real estate The Seattle Times Real Estate Transactions, April 22 edition Hopkinton Independent Third Avenue International Real Estate Value Fund Q1 2024 Portfolio Manager Commentary Seeking Alpha Social Skills: What's Up With WhatsApp Business? 3 Ways This App Can Boost Your Real Estate Business RisMedia.com California, United States Luxury Real Estate Home California Listings Real estate logo | pmg-sc.com Where can I afford to live in NJ? These towns are cheaper NorthJersey.com Buyers targeting newly built homes Crain's Chicago Business Dr. Phil left speechless after real estate agent claims that squatting is justified by colonization New York Post Hana Bank launches All-care Solution for Real Estate Wealth Korea Economic Daily Newly listed homes for sale in the Tulsa area Tulsa World Golden Visa Programs, Once a Boon, Lose Their Luster The New York Times EBI Consulting Launches Groundbreaking US Commercial Real Estate and Telecom Regulation Bulletin PR Web Cesar Pina, NJ real estate influencer, faces new lawsuit NorthJersey.com These Real Estate Policies Made New York's Budget Bill The Real Deal How Alexico's $180 Million Deal With St. Francis College Fell Apart The New York Times |
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