Tuesday, April 11, 2017
Un-Flipping Believable....but lots of people believe it anyway....
This guy brags on his radio commercials that he was "once so broke, I had my electricity turned off NINE TIMES!" Yes, this is the guy I want to go to for advice on how to manage money and flip houses.
He's certainly has figured out how to make money in the largely unregulated property market, and it doesn't involve hard work or study. Those things are for suckers like he used to be, when he was getting his electricity turned off NINE TIMES. Only a total loser who doesn't share his beautiful vision of American Capitalism would work hard, live within one's means, and invest wisely when this guy has this book which is FLIPPIN' AWESOME and FUN TO READ to boot!
What you do is, see, instead of all that hard work and saving and investing, you send money to this carnival barker to attend his seminars and buy his DVDs and learn how to flip houses like a pro (because flipping houses is a profession now.) He gets rich and famous. Maybe you flip a house now and then, maybe you don't. But let's not take our eyes off the main point- he gets rich and famous.
There's nothing new about any of this. Late-night television has featured "Magic Real Estate Secrets" packages since before there were VHS tapes, never mind DVDs. I can remember being offered standard audio tapes and a series of workbooks which would turn me into a Real Estate Wizard, Wall Street Genius, and Multilinguist fluent in Japanese and Mandarin inside of six weeks Or My Money Back Yeah Good Luck With That. In High School I had a close friend become a cultist for a certain Sell Ridiculously Expensive Household Cleaners Door to Door pyramid scheme I won't mention by name here but which rhymes with Scamway. Get Rich Without Work was invented the day the first person discovered that work was hard. It's still the most attractive proposition out there, and if you don't believe me, check out your state's Lottery sales.