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Real Estate Information |
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Fantasy Gap [fast money in real estate]
I was in the rental business for seven-years, made 1.3 million dollars the first five years, got ill, and had to get out of it slowly, but had the money to do it. I could have made five million had I stayed in another five years. But my point in is this: I watch TV, on all these quick ways to make money, and people really belief this crap. I mean, I owned seven buildings, but I worked 24/7. Ended up in court a dozen times; fought with the State over this and that. I mean, you don't get it for nothing like these TV fantasy folks would have you belief. Just buy this and that and don't invest, and you'll make it. First of all you need credit. Second, if you don't have $20,000-in the bank, if a furnace goes out, or your gas pipes go out, or whatever, who is going to pay for it? What can happen, will happen; the fantasy people forget to add that little equation into the formula. But why do people fall into this group? I thought about it, and being a licensed counselor, I met a lot of people who fell into this gap. I call it the fantasy gap. Everyone herds to them like wild geese. These TV folks tap into your fantasies. Easy to do, even Hitler said: "It is easier to fool the masses than the few." He also was tapping into human nature. That is where the fantasy festers. Make a romance for them, and quick to the fantasy, and find the needy, shake it up, and you got your clan. What some people do is create a reputation, and then live on the momentum it has. For instance, I could go around saying: look at me, what I made from rental property. I can show you how to do it. Buy my book, and so forth and so on. And when you review my background you will say: yup, he has what he says he has. Now I got you buying my book, and I look good from my reputation, and I did make the money. But the fantasy is: you can have the gold for simple minerals, like an alchemist would have you believe. Not much work involved, just sign your name, and claim the goods. It is not like that. A confirmed reputation, and now I got your money to show you I got wealth. Many of us fall stupidly into money needs, and think a miracle will happen. That is not the way it works. You cannot cajole the devil and expect to come out on top. If you fell into bankruptcy, it is because of your mismanagement of your money, it is as simple as that. These phony goofballs on TV, do not demand the truth, as I am doing, reality is not prepared to pay the handsome price they want, truth is not part of the fantasy, lies are the fantasy, nor will it draw you to them to buy what they are selling. But gold that is made from sand will catch your attention. Like the man says on TV, jus sign your name here, and you'll make $30,000 in 30-days. If that was the case, what's he selling books for. Author/writer Dennis Siluk, has written in counseling magazines during the l990's, as a licensed counselor, and looks now at how people fall into the fantasy gap in real estate. He lives in St. Paul, MN, and Lima, Peru http://dennissiluk.tripod.com
MORE RESOURCES: Real estate transactions — April 10-16 SteamboatToday.com Real estate is facing the worst fair housing crisis since the ‘60s Real Estate News by RealEstateNews.com Norwalk's 2024 grand list drops to $16.2B, led by $1.3B decline in real estate values - Norwalk Hour Real Estate Transfers ~ April 3, 2025 The Bedford Citizen Trump Official Scrutinizes N.Y.’s Attorney General Over Real Estate The New York Times Prince Harry and Meghan Markle Have Made Some WILD Real Estate Moves in the Past 8 Years House Beautiful Real Estate Investing: 5 Ways to Get Started NerdWallet Former executive sues Pat Connaughton's real estate company Milwaukee Journal Sentinel Real Estate Market Report (Feb./March) highlandscurrent.org Agent Spotlight: Jim Smyth The Grand Junction Daily Sentinel The Michael Houck Real Estate Guide for April 20 Oil City News How the Pandemic Changed New York City Real Estate Behind The Hedges Beyond the Boardroom: LIVE Real Estate Group's Dionne Clifton The News-Gazette Real estate options slim for Grove City dispensaries The Columbus Dispatch Mandatory NAR membership facing a new legal challenge Real Estate News by RealEstateNews.com Brokerage Beat: News from Compass, eXp, The Agency, more Real Estate News by RealEstateNews.com Many first-time homebuyers are pushing 40 as millennials wait in vain for a better market - NBC News Real estate sales in Peoria, Tazewell and Woodford counties for April 19, 2025 - Peoria Journal Star Real estate sales in Peoria, Tazewell and Woodford counties for April 19, 2025 Peoria Journal Star Sandwich house on market in 'awesome location' for $680,000 Cape Cod Times Zillow just started an all-out war over real estate listings Business Insider Houston real estate lawsuit: Harris County suing couple in forgery case and theft of 35 properties ABC13 Houston Housing Market Crash Alert? Zillow Turns Negative on Home Prices Norada Real Estate Investments The Hollywood Reporter Celebrates the Big Apple’s Top Real Estate Agents at New York Power Broker Awards The Hollywood Reporter Accused Houston real estate fraudster connected to dozens of stolen properties caught attempting new deed filing Click2Houston Portland homebuyers rush into combative spring market OregonLive.com Who’s Buying What in the Big Apple? Ask NYC’s Top Realtors The Hollywood Reporter Dodge County Real Estate Transfers Fremont Tribune Page C13 Post and Courier Mumbai’s Rush to Rebuild Comes With a Warning Bloomberg.com Real estate Sales include business buildings in Westfield, Jamestown observertoday.com Historic flooding locally impacts commercial real estate market The News-Enterprise Phoenix land on Camelback Mountain with Frank Lloyd Wright-inspired home for sale for $30M The Arizona Republic Trump’s latest crypto venture will be a video game, and sources say it will be like Monopoly Fortune House of Week: With its indoor heated pool, this Marcellus property is ‘like a vacation’ Syracuse.com Q1 Estin Report for Aspen Snowmass real estate shows growth AspenTimes.com Westmoreland County Real Estate Transfers The Latrobe Bulletin News | Real estate pros look for signs of federal offices heading to suburbs under new directive CoStar Battle Of The Listing Sites. Zillow Bans Pocket Listings, While Homes.com Welcomes Them Yahoo Finance Main Line home with 3 golf holes on former Penshurt Estate asks $2.3M The Business Journals Licking County real estate sales for March 31-April 4 reach $2 million The Newark Advocate People on the Move at NAR, Christie’s, Realfinity and more Real Estate News by RealEstateNews.com $20M Coldwell Banker real estate calls class action settlement Class Action Lawsuits Real Estate Notes: Rutledge Hill hotel to open July 1 Nashville Post The Mountain city where thousands are selling their million-dollar homes amid 'cloud of uncertainty' Daily Mail Berkshire County Real Estate Transactions for March 31-April 4 The Berkshire Eagle MLS that quit enforcing Clear Cooperation gets back on board Real Estate News by RealEstateNews.com Check out the number of homes sold, listed for sale in March across Flower Mound, Highland Village, Argyle Community Impact | News Post-hurricane real estate market hard to pin down Your Observer Stafford County supervisors vote to increase real-estate tax rate by 3 cents Fredericksburg Free Press Imran Chaudhary, leading the real estate project in East Plano, says his planned Islamic Center is misrepresented by politicians IslanderNews.com How Eliminating Property Taxes Could Impact Florida Homeowners U.S. News Real Estate Kohl’s real estate head joins CBRE’s retail group Chain Store Age CoStar CEO takes on Zillow in letter to agents Real Estate News by RealEstateNews.com Real estate news: 2-tower office campus in Newport Beach sells at a loss for $33M Orange County Register Housing Market Predictions for 2025 Ramsey Solutions Real Estate Transactions for April 19-20 nashuatelegraph.com Mr. Zuckerberg Goes to Washington and Buys a Mansion The New York Times $2.1 Million Homes in Muskoka, Ontario The New York Times News of public record: Muskingum County real estate transfers Zanesville Times Recorder Real Estate 101: A Tenant Landlord Relationship The Rome News-Tribune Department of Taxation and Finance dos.ny.gov |
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