Friday, November 27, 2009
IF IT IS SUCH A GREAT DEAL, THEN WHY DON'T YOU BUY IT?
Here is one of the things I say back to the person who asked me this question. I ask the person to imagine that he/she works at Dunkin Doughnuts. It is their main source to make a living. It is like asking that person the same question.
IF IT IS SUCH A GREAT DOUGHNUT, THEN WHY DON'T YOU EAT IT?
This person would be unable to eat every doughnut because it would be very unhealthy and the human body can only take so much fat. The same is true for real estate. I wish I could take advantage of every deal that comes across my desk. However, I am limited as is every person. I simply explain to the other person that my main profession is real estate. My job is to find investors such as yourself deals to purchase. I make money when the deal closes. Do I take advantage of SOME deals? Yes, I do. I just picked up a great fix and flip deal that closed this week. However, I am unable to take advantage of every deal. I could if I was the CANADA Government. However, it is just me at this time.
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