okay, i am watching all these infomercials on tv about real estates and get to thinking, digging and researched a little. all of these infomercial, quick millionaire how-to, alot of them involved with real estates, how you can buy a house with new low or no down payments then either do a fix upper for a quick gain or hold it for a positive cash flow. all of these, have created a large housing supply, perhaps alot more than what is needed. total houses = occupied + being build/new + empty + these middle man transactions. all of these middle man markets created this huge surplus, and those are probably ones who started and currently getting hammered during this mortgage crisis.

okay imagine, buying a house planning to either sell it back for a quick gain or get a renter for positive cash flow, but same time all of these infomercials creating thousands people that think just like you, but no additional buyers are created during this process. who is going to buy or rent them? and when you can’t sell it, who is going to pay your mortgage that you just got on that investment? most of these guys probably owning more than 1 investment properties, so domino effect, which probably force them to sell his other properties, thus creating more surplus, ok you got the idea.

so what’s the wisdom here? don’t get into real estate business. its time has past. whats bigger picture? best money making is best kept secret. get in front of waves, dont ride it. think about it when you have all of those middle American started to become millionaires, someone got to give. so who is the fool at this poker table?  but everyone have a hunger for get rich quick, if real estate won’t work, what’s next?