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Updated almost 10 years ago on . Most recent reply

User Stats

91
Posts
7
Votes
Earl Allen Boek
  • Rental Property Investor
  • Redding, CA
7
Votes |
91
Posts

If I was just starting out in Real Estate today. I wouldn't

Earl Allen Boek
  • Rental Property Investor
  • Redding, CA
Posted

I recently upgraded to pro BP and I am enjoying reading your pages and

descriptions, I call it your why, for getting involved. Many of your long

game is, "I want to invest and hold"  this or that rental or real estate

investment.  Of course, that is the trick isn't it?  Holding it.  Someone

long ago, reminded us all, "it's not what you earn, but what you keep."

Just last week several world wide events should give any investor, in 

any investment pull his head out of those stacks of deals and look 

around.  Greece, many calling it the first domino, Bank holiday, more

like a summer vacation. ATM's with no money.  That's not good.

Chinese stock market in a free fall.  US stock market off line for 3-4

hours, "not a hack, a glitch" Wall Street Journal, "another glitch"

American Airlines (was it?) another "little glitch."  New BRICS 

bank formed, without the USA.  Hummmm

Maybe all that excitement makes you guys and gals all get pumped

up and start a investment LLC raise 5 or 10 million and start "buying

and holding"  NOT ME.   Been there done that.

Let me ask you a question. By now, everyone should have figured

out, It's all fixed.  The stock markets, precious metals, oil, gas, 

commodities, pig, beef, corn yes, and even interest rates and 

real estate. Caldwell Bankers specialty is inflating the value of

real estate in markets they can dominate. 

So, so....If I take a trip to Vegas, (stay at Lake Las Vegas) google 

it.  Limo takes you downtown in 15 minutes. I go into a casino

sit down and play a few hands of poker or even black jack. I 

figure out the game is fixed. The dealer is dealing from the 

bottom of the deck, Just how many hands of poker am I willing

to play after I discover it?  None, I'm done now.  Thanks, You 

all have a good evening.

Earl Allen Boek, is an ex commercial real estate hard money lender.

He has found an exit and he's taking it.  He will not spam BP

members and his advise is free, you can take it or leave it. You

can reach him on Facebook, @gmail.com here or LinkIn 

Best

EAB 

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