Hey everybody, LET'S GET RICH QUICK!!!

By
Real Estate Broker/Owner with Christiansen Group Realty (260)704-0843

Wikipedia defines get-rich-quick scheme as follows: 

A get-rich-quick scheme is a plan to acquire high rates of return for a small investment. Most such schemes promise that participants can obtain this high rate of return with little risk.

Most get-rich-quick schemes also promise that little skill, effort, or time is required. They often assert that wealth can be obtained by working at home. Legal and quasi-legal get-rich-quick schemes are frequently advertised on infomercials and in magazines and newspapers. Illegal schemes or scams are often advertised on the Internet through spam or cold calling. Some forms of advertising for these schemes market books or compact discs about getting rich quick rather than asking participants to invest directly in a concrete scheme.

It is clearly possible to get rich quickly if one is prepared to accept very high levels of risk — this is the premise of the gambling industry. However, gambling offers the near-certainty of completely losing the original stake over the long term, even if it offers regular wins along the way. Economic theory states that risk-free opportunities for profit are not stable, because they will quickly be exploited by arbitrageurs. Nevertheless, many people long for wealth, and find these schemes appealing.

We all see the late night infomercials telling you that you can buy houses for $300 and turn them for a quick profit right?  The whole happy group sitting around drinking margaritas and sharing success stories...  "How about you Jared?  how did you do last month??"

Jared:  "Well, I bought 3 properties for a total of $1,200 and sold them quickly for a profit of over $125,000!!  Yee haw!!  Pass me another margarita please!!" 

Yeah. 

I used to flip houses and when I first started I caught the get rich quick bug.  I read a book that told me I was going to be wealthy beyond my wildest dreams in just 6 months or less!!!  All I had to do was set up the rehabbing system and lay back and collect my checks.  Flipping houses is easy money!  Real estate is easy money!!!  Work for 3 hours a day and play the rest of them!!!  Um...  yeah.  Didn't quite work out that way. 

I also had many real estate gurus tell me that they know the "SECRET" to real estate and they would be more than happy to share it with me...  for $6,000.  What do I get for that $6,000?  CDs and books and stuff, then I also get to pay them more to go to one of their weekend retreats.  How much more?  $6,000 or course!!!!

Now don't get me wrong, I think there is some value to some of those seminars and I am sure they teach good things, but $6,000?  Hm. 

The point of this whole rant is that the "SECRET" to becoming wealthy and successfull in real estate is working your ass off.  It doesn't happen overnight and it isn't easy.  Okay, thanks for reading, I just needed to get that out of my system.  Back to work!!!

Jared Christiansen your Fort Wayne Realtor

RE/Max Home Connection

260-704-0842

http://www.FortWayneHomes4Sale.com

 

Posted by

 

 

   

Fort Wayne Realtors Jared and Amanda Christiansen with Century 21 Bradley

Amanda Christiansen is an award winning Realtor with Christiansen Group Realty.

 

Jared Christiansen is a business partner and in charge of marketing and taking care of things behind the scene.

 

Enough about us...

 

Tell us what you want your real estate experience to be, and we will do it YOUR way.

 

Buying a home in Fort Wayne? Tell us your wants and needs. Let us know how you envision your family living.  Tell us what's important to YOU, and we'll find the community and home that fits.  

 

Selling your home in Fort Wayne?  Our job is to make you the most money possible in the shortest amount of time. We offer our sellers professional staging, professional photography, and more internet marketing than most. 

 

We are committed to giving you everything we have to offer.  We are both full time agents and will work around your schedule.  Do nights and weekends work better for you?  NO PROBLEM. We are here to help YOU at YOUR convenience.

 

Amanda can be reached at 260-704-0843, and Jared can be reached at 260-704-0842, or you can email us at JaredChristiansen@gmail.com, or Amanda427@gmail.com.

 

 

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Rainmaker
61,955
Brent Johnson
Chase International South Tahoe Realty - South Lake Tahoe, CA

The person getting rich quick is the one selling the programs and hosting the seminars!

Feb 11, 2009 02:09 AM #1
Rainmaker
671,938
Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Jared, Brent took the words right out of my mouth.  No one getting rich quick here on real estate - they're getting rich quick by selling books and tapes to starry eye people.  You have to work hard and smart to acquire wealth over time.

Feb 11, 2009 04:13 AM #2
Rainmaker
210,932
Renae Bolton
Marketing 4 Realtors - Garfield Heights, OH
I'm your Professional Real Estate Marketing VA!

This post hit the nail on the head! Too many agents have gotten into the business because they think they can make some quick money with little to no effort.  Same holds true for the Virtual Assistant industry.  Too many people think that because they've got a computer and know how to type, they can be a VA and make loads of money.

It just isn't true!

Anything worth getting requires hard work to get it.  That's what my parents always said, that's what we say to our children.  And I believe it!  But the rewards!!!

~Renae

Feb 11, 2009 04:57 AM #3
Rainmaker
669,465
Kathy Toth
Ann Arbor Market Center Keller Williams - Ann Arbor, MI
Ann Arbor Real Estate Experts - Kathy Toth Team

I like this. Real estate isn't a get rich quick scheme by any means. Even flipping houses always ends up to be more work than you originally think it will be.

Kathy

Feb 11, 2009 07:21 AM #4
Rainmaker
257,454
R.E. Renée Hoover, Salesperson
Century 21 Geba Realty, Milford, PA; Licensed in PA & NYS - Milford, PA
Poconos, Pike, Wayne, Monroe Counties, PA; PA/NYS

You are so right.  A bit of luck helps too :) :)

Feb 11, 2009 07:36 AM #5
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