Two men at a restaurant start talking to me. Are you famous? No. c'mon man, we recognize you from somewhere. who are you? tell us. I am a singer in a rock band. I told him you were a singer. My friend says you might be a gigolo. Laughs. and he knows a lot of famous gigolos? More laughs. no but you know maybe you are an actor. No sorry. More of a gigolo actually. Your friend was right. not much a difference there. How's that? Between a singer and a gigolo. Laughs.
And then we start talking more about real estate, an extreme sport I am very passionate about. As soon as someone at the table mentioned rich dad poor dad we were all high fiving and introducing ourselves. Talked for a good hour or so. They live in Tucson. Confirmed what my research had already shown that Tucson is a sure-fire hot spot for quick appreciation and easy buys. The stock market sucks now. everyone is scratching their heads over the impossibility of trying to make money there right now. even the underground analysts, whose newsletters I subscribe to more than one or two. Even they, usually very confident and always bragging about the double digit profits they can make you, are sending emails now saying, “we give up, don't know what to tell you, don't know what to recommend. Get out now take your cash and sit on it.” Which is fine if you're rich. But if you're trying to make money, that advice doesn’t help too much. But there's still money to made in this over-inflated credit hungry over extended market. But you have to know where to put your money. New York is out. Miami is out. all the big cities are out. to over valued. Ready for a correction. I spent about six months researching and came up with about six regions that still had the potential for enormous growth potential. Tucson was number one on my list. These guys tell me they are buying in Tucson at pre-con for a thousand dollars down and flipping for twenty percent profit six months later. Good to know. next stop, Tucson.
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