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Updated over 17 years ago, 05/03/2007
how the rich become ultra rich...
You know I've had kinda an interesting week....
I've seen like two of those rare deals of the decade this week. One anyone could have stood to make about $300k net. The other was rather unique in that there was potentially as much as $1m on the table.
However, without all cash you'd pretty much be left out of the running because you'd have to come in with an unconditional cash offer to even have a chance. But it got me thinking that if you had a lot of cash available for those kinds of unique opportunities you could stand to make a fortune, as you'd be able to always beat out these smaller players who have to make their offers "conditional".
Anyway food for thought, keep it on the down low.