Get Rich Quick with Real Estate

By
Real Estate Agent with Century 21 Western Realty
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.
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Rainmaker
815,702
Chris Griffith
Downing-Frye Realty, Bonita Springs, FL - Bonita Springs, FL
Bonita Springs Listing Agent
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?
Sep 05, 2007 07:06 AM #1
Ambassador
533,690
Jason Sardi
Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC
Your Agent for Life
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.
Sep 05, 2007 07:11 AM #2
Rainer
119,269
Rob Robinson- Lehigh Valley PA
Bertrum Settlements (Title & Abstract) - Allentown, PA
Never played the lottery, eh Jason?
Sep 05, 2007 07:18 AM #3
Rainer
229,296
Sarah Cooper
Real Estate Shows - Hurricane, WV
Nice post, Brandon.  Come back and play.
Sep 05, 2007 07:35 AM #4
Rainer
5,774
Brandon Robichaux
Century 21 Western Realty - Katy, TX
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.
Sep 06, 2007 02:55 AM #5
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Rainer
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Brandon Robichaux

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