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Get Rich Quick with Real Estate

You see them on cable TV, sitting around a swimming pool, sharing stories about how they got rich quick by buying valuable real estate for give-away prices. They took a course on how to invest in real estate and became millionaires overnight--with nothing down and no credit hassles from mortgage lenders. The course worked for them, and they say it will work for you, too.

If all this sounds too good to be true--it is! These "get-rich-quick" courses and schemes are being investigated by consumer fraud agencies around the country. This does not mean that you can't become a millionaire by investing in real estate. But investing in real estate requires one important thing from you--an investment of cash. You can't build an empire overnight, but you can do very well over the long term by selecting property in a good location that is priced well, and which can provide a reasonable cash flow.

Posted by Brandon Robichaux on 02/27/2007 08:53 AM

Comments (5)

Post is included in group: Century 21 Texas
Post is included in group: Katy Texas

5 Comments on Get Rich Quick with Real Estate

I just stopped in here to banish your zero comments and ask you to come back to Active Rain. It's been a while, huh?

09/05/2007 02:06 PM

by Chris Elizabeth Griffith ~ Bonita Springs Fl Real Estate (Keller Williams Elite Realty, Bonita Springs, FL)

Hey Brandon, while I love watching the informertials as 'down time' late at night, I agree with your synopsis of those get rich quick schemes. You are correct, you can't build an empire overnight.

09/05/2007 02:11 PM

by Jason Sardi, Pennsylvania Mortgage Broker (First Choice Equity Group Inc.)

Never played the lottery, eh Jason?

09/05/2007 02:18 PM

by Rob Robinson- Lehigh Valley PA (Bertrum Settlements (Title & Abstract))

Nice post, Brandon. Come back and play.

09/05/2007 02:35 PM

by Sarah Cooper (Real Estate Shows)

I'm back, been real busy with work. If you have any questions let me know what you need. I hava a ton of answers about the business for all levels of it.

09/06/2007 09:55 AM

by Brandon Robichaux (Century 21 Western Realty)

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