Real Estate Information |
|
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: Signs of life in commercial real estate Marketplace A self-made millionaire who 'hates real estate' shares the investment strategy he used to get in without having to manage property Business Insider Property Mogul Grant Cardone Launches 'First Ever' Bitcoin Real Estate Fund on Florida's Space Coast Realtor.com News High-profile Houston real estate company to split up into two firms Houston Chronicle Colorado housing outlook for 2025: Stubborn mortgage rates, rebounding sales, and flat prices in most places The Denver Post Real-Estate Manager Lafayette Settles Covid Fraud Case The Wall Street Journal ‘Disastrous situation’: Longtime Massachusetts real estate firm mysteriously closes - Boston 25 News Real estate transactions — Dec. 12-18 Steamboat Pilot & Today Unsustainable Real Estate Development Is Destroying Our Identity Honolulu Civil Beat Real estate brothers Oren and Alon Alexander remain in custody on sex trafficking and rape charges The Associated Press OT Real Estate Spotlight of the Week: 4700 Pecan Ridge Court The Owensboro Times These were the hottest North Jersey towns for homebuyers in 2024 NorthJersey.com Realtor Fees And Real Estate Commissions in Illinois Bankrate.com Real Estate Sales Include Westfield, Falconer Storefronts Jamestown Post Journal REAL ESTATE | Private retreat on Golfview Drive in Town of West Bend, Wi | By Jim Emmer - Emmer Real Estate washingtoncountyinsider.com Record-setting mansion from Texas heiress among Houston's most expensive homes sold in November Houston Chronicle Berkshire County Real Estate Transactions for Dec. 2-6 Berkshire Eagle Realtor Fees And Real Estate Commissions in Colorado Bankrate.com Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Fourth Quarter of 2024 GlobeNewswire Real estate sales in Peoria, Tazewell and Woodford counties for Dec. 21, 2024 Peoria Journal Star News | Robinhood reverses real estate downsizing with full-building Silicon Valley lease CoStar Group Austin’s Endeavor Real Estate Adds Dallas-Based Managing Principal dallasinnovates.com How to Build a High-Quality Passive Income-Producing Real Estate Portfolio for Less Than $250 at a Time The Motley Fool DeKalb County’s Clerk of Court announces changes to real estate recordings On Common Ground News California Focus: The lesson of Ultra-High coastal real estate prices: look inland Ukiah Daily Journal Palm Beach Real Estate Agents Report Uptick in Sales; 'Trump's Presence Boosts Desirability' LatinTimes Continental Properties closes $210 million real estate fund BizTimes Milwaukee Real estate trends point toward stable growth even after Austin loses ‘supernova’ status Austin Monitor Brokerage Beat: News from KW, eXp, United, Real, RE/MAX, more Real Estate News REAL ESTATE | Quaint cottage on Green Lake in Farmington, WI | By Tom Zernia - BOSS REALTY washingtoncountyinsider.com Chamblee real estate agent Jimmy Chang killed by alleged drunk driver Rough Draft Atlanta Miami real estate brothers facing sex trafficking charge set to appear in federal court; accomplice to alleged assault to bond out WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale Friend of Alexander real estate brothers surrenders in sexual assault case The Associated Press New Hampshire’s real estate data showcases frustration for homebuyers The Laconia Daily Sun A New Perspective: The Ugly Truth | Real Estate Insights Piedmont Exedra Bitcoin Is No Manhattan Real Estate, Peter Schiff Challenges MicroStrategy's Micheal Saylor: 'BTC Doesn't Generate Any Income' Yahoo Finance Real estate battle over secretive off-market listings heats up The Washington Post Policing, Real Estate and NYC’s MAGA Mayor The Indypendent Zillow's price estimates are screwing up homebuying Business Insider West Virginia couple loses $255K, life savings in real estate scam — how homebuyers can stay safe in 2025 Yahoo Finance Real Estate 101: Holiday Housing Northwest Georgia News Real Estate Leaders Sue to Stop New York City’s Overhaul of Broker Fees The New York Times Floyd Mayweather’s Real Estate Takeover Continues as Boxing Legend Eyes $50M House With 17-Foot Deep Buried Secret EssentiallySports Sponsored Post: Reliant Real Estate - Home is the best place to be for the holidays! Call us today The Batavian Former New York City real estate finance executive pleads guilty to drugging, raping teenager CBS News Leveraging Lessons from the Downturn: Retail Real Estate Experts Share Key Takeaways for 2025 Globe St. See Oklahoma's most expensive home for sale with new price and Christmas decorations - Oklahoman.com Alabama real estate market thrives amid economic shifts WVTM13 Birmingham Real Estate Transactions for Dec. 21-22 Nashua Telegraph 2025-2029 Five-Year Housing Market Predictions Real Estate San Antonio will continue to see population boom next year, real estate experts say San Antonio Current Real Estate Showdown: A Beacon Hill Condo vs. a Dover Colonial Boston magazine My wife and I used our military benefits to buy a $1M property in San Diego. It kickstarted my real-estate business. Business Insider FOUR SEASONS SOTHEBY'S INTERNATIONAL REALTY - 80556 The Caledonian-Record NAR hits Phoenix Realtors with cease-and-desist over MLS Choice Real Estate News Top real estate headlines for 2024 ABC7 News New real estate platform lets homebuyers check their neighbors’ political affiliations New York Post Welcome to Real Estate Friday! theberkshireedge.com Driving Successful Lives Addresses Common Tax Questions about Donate Real Estate | PRUnderground PR Underground Michael Jordan, Billy Joel, Guy Fieri and more: Florida's biggest celebrity real estate listings of 2024 Creative Loafing Tampa How Arizona outranks most states in real estate performance Arizona Big Media |
RELATED ARTICLES
A Log Home Story Solving problems while maximizing valuesThis story has a few good lessons and observations that no doubt can be used by you to take advantage of hidden opportunities that often lie in plain view for all to see, however, most people have not been trained or instructed on how to recognize or find them.The following true story begins with a classic log home package, engineered, manufactured, approved and delivered for use in Alaska. Home Owners: Disclose the Facts! One of the most common causes for disputes occurring after the sale of a home arise from the buyer finding defects in the property, defects which were not disclosed to him by the owner before the sale of the property. If you are the owner of a home that you are looking to sell, please be aware that you may be held liable for not disclosing any known defects in your home. The Key to Real Estate Investing Success Revealed! How did you get into real estate investing? Did you read a book on it? Was it a seminar? A meeting of some sort with speakers dispensing real estate investing information, but really selling courses? Did you get really, really jazzed and pumped up by these simple ("not easy") concepts that were delivered to you in parable form from the stage by a charismatic speaker?Did you find yourself levitating to the back of the room, powerless but to slap down your plastic to buy the kits that were being sold there? Like, "Yes Mr. Ker we do take traveler's checks. The Perils of the Property Ladder: Has Anyone Noticed the Silence? There was a time when every conversation was focussed on property and every other TV programme was about property makeovers. Everybody wanted to get into property and those already on the ladder seemed fixated on becoming wealthy overnight. Commercial Real Estate Industry - Is the Condo Craze Over, or Just Gaining Steam Over the last two years there has been so much condo activity that many commercial real estate lenders are starting to express concern over the future stability of condo markets. Some lenders have recently found themselves over allocated in condominiums as a result of the recent activity and have therefore become wary of all but the best opportunities. Selling Your Own Home: 10 More Tips Selling your own home can be a time-consuming and frustrating process. Sometimes, though, in the right market, it makes sense to save thousands of dollars in commission and do it yourself. Yes But, How Do I Evaluate Buying Undeveloped Land And Get Into The Business? These real questions on buying undeveloped land are answered by a US Master Builder and myself after receiving them from readers of my e-book, "Residential Development Made Easy."Question 1. Conventional Financing For Wholesale Deals This info is very important for both new and experienced wholesalers, AND buyers of fixer-uppers, to carefully read and understand. We learned it painfully, hopefully you won't have to :-)Often times we are asked by investors about using conventional financing for their investor deals. Where is Florida Investment Property Florida Investment Property - Why Investing is a Wise DecisionThere are many reasons to purchase investment property in Florida, the foremost being value appreciation. Property values generally rise while debt decreases; making real estate purchases a good investment. The Benefits of A Real Estate Agent 101 Buying and selling property is not as easy as you may think. There are many things that you have to consider when purchasing a home, or when putting a home up for sale. How to Calculate Real Estate Rehab Profits If you are investing in real estate you will face a variety of challenges. First you have to find the right property. Buying Outer Banks (OBX) Investment Property So, you're thinking of purchasing a rental property at the beach. Historically, real estate investments have proven to be a wise investment strategy. Buying Foreclosures - Knowing Why Helps You Buy One big potential deal-killer in buying foreclosures is the homeowner. If the homeowner does not trust you, buying their home (even at a foreclosure auction) can become a greater challenge. Choosing An Estate Agent With so many estate agencies vying for your business, choosing the right agency can be difficult. We have put together the following top ten tips to help you find and use the most appropriate estate agent to sell your house. Death, Taxes, and Foreclosures So how do you find the best foreclosures. Its not easy as the business is very competitive, especially in this current crazy real estate boom. Buying Overseas Property Fourteen Top Tips for Overseas Property Investment:1. Buy what you want to buy. Are You Profiting From O.P.P.? Are you profiting from O.P. The Bubble Effect Turn on the TV at almost any time day or night and you will find news and talk shows informing us that there is a Real Estate bubble. What is a "bubble" and how do they know? The simple principle of what goes up must come down is being applied in general thought now and many in the public are starting to buy it. Sellers, Are You Having A Hard Time Selling Your Home? Sue and Chuck DeFiore have the perfect solution for you - Lease Purchasing your home!What is Lease Purchasing?A Lease Purchase is a process that combines a basic rental lease with an agreement to purchase, or with an option to purchase the property. The Buyer (or Lease-Purchaser) pays to the seller a monthly payment that usually approximates a rental amount or a typical mortgage payment on the home. Sell your Property Faster Learn how to sell your property faster and at the best possible price. Selling your property quickly and at the highest price is the target for everyone looking to move. |
home | site map |
© 2006 TIGER MEDIA |