This has been my experience based upon owning/operating a offshore electronics manufacturing concern for 15+ years and it has been repeated on countless occasions during my real estate tenure.

I need funding in 5 stages. 1st stage start up 25k to set up "offshore" corporation and establish the ability to purchase these properties. 2nd stage 60 days after 1st stage funding 400k-1mil to buy 1st property. 3rd stage 60 days after 2nd stage funding 400k-1mil to buy 2nd property. 4th stage 60 days after 3rd stage funding 400k-1mil to buy 3rd property. 5th stage 60 days after 4th stage funding 400k-1mil to buy 4th property.

I do not "take a chance" and I do not gamble.

Instead of gambling on a get rich quick scheme, learn to run a business that will provide income for you for the rest of your life.

The owner also refuses to expand in bringing in new alcohol, new music, more gambling machines, or new events. this would probably bring in $50,000 more each year.

It is certainly speculation or gambling, or whatever you want to call it.

So, I guess I am gambling on turning them over and not the income they produce (or fail to produce).

Are you a Gambling Man?

I give them more control than the mutual fund managers who gamble with their 401k everyday!

I made a big mistake with MOT but I knew it was a gamble and approached it from that aspect.