QUOTE (Rickson9 @ Aug 15 2010, 09:37 AM) I never say never. I make mistakes like anybody else (if not more so). I`ve only held RE for 10 years so I still have a ways to go.
Paying $35K per condo to collect $8500 per year in gross rent seems like a cheap way to learn.
A very interesting topic. Thanks for sharing Rickson9! At the end of the day each person is willing to share as much or as little as they like... just like the topic on Don Campbell`s Net worth solicited responses as to how it was not anyone`s business but that he was still free to share that he had 193 doors =) Is it fair to harp on a guy who at least took the time to share his insight?
I found it very interesting to read this topic and see the amount of negativity on Rickson9`s system. Isn`t the number one trait to avoid and control in Don Campbell`s is Negativity? "People can always find a reason for not doing something". While some skepticism is valid ("What`s behind the curtain")... I don`t really see the problem with what Rickson9 has shared (or not shared). At the end of the day if you want to invest in the US... or anywhere else ... you have to do your own due diligence... does it matter really what zip code he`s investing in... he`s told you Phoenix,AZ which is already pretty specific... and you can do your own MLS lookups to see where prices are in the range he`s talking about for his 2 bedroom locations... and then do a crime lookup and see which of those has the lowest crime rate =) (You`ll probably find his zip code in the list of zips that would crop up)
While the scarcity mentality is interesting... since REIN always teaches about how there are always opportunities out there... the whole capitalistic system is based on supply and demand... and people do make fortunes based on the scarcity of a resource (oil anyone?).
I for one applaud Rickson9 for sharing his current strategy and not letting the negative nancy`s prevent him from working towards his personal Belize.
Paying $35K per condo to collect $8500 per year in gross rent seems like a cheap way to learn.
A very interesting topic. Thanks for sharing Rickson9! At the end of the day each person is willing to share as much or as little as they like... just like the topic on Don Campbell`s Net worth solicited responses as to how it was not anyone`s business but that he was still free to share that he had 193 doors =) Is it fair to harp on a guy who at least took the time to share his insight?
I found it very interesting to read this topic and see the amount of negativity on Rickson9`s system. Isn`t the number one trait to avoid and control in Don Campbell`s is Negativity? "People can always find a reason for not doing something". While some skepticism is valid ("What`s behind the curtain")... I don`t really see the problem with what Rickson9 has shared (or not shared). At the end of the day if you want to invest in the US... or anywhere else ... you have to do your own due diligence... does it matter really what zip code he`s investing in... he`s told you Phoenix,AZ which is already pretty specific... and you can do your own MLS lookups to see where prices are in the range he`s talking about for his 2 bedroom locations... and then do a crime lookup and see which of those has the lowest crime rate =) (You`ll probably find his zip code in the list of zips that would crop up)
While the scarcity mentality is interesting... since REIN always teaches about how there are always opportunities out there... the whole capitalistic system is based on supply and demand... and people do make fortunes based on the scarcity of a resource (oil anyone?).
I for one applaud Rickson9 for sharing his current strategy and not letting the negative nancy`s prevent him from working towards his personal Belize.