You have to admit that he has guts, the problem is that he’s using our money to gamble with!

Not to say people won't make money there it's comparable to gambling IMHO unless your horizon is 20+ years.

That's just gambling.

Multi-Family (40 units and up)Leveraged (Investors put up max 25%, Bank finances the rest) Value-Add (Finding ways to increase property value and rent)Cashflow Positive (Cashflow positive once stabilized) Refinance & Hold (The ability to pull out 50-100% of our initial capital while keeping the property)Skin the Game (Enough so they're not just gambling with other people's money)  The above seems doable so far by going through a syndicator, although I haven't seen many who want to buy and hold the properties for cash flow and allow investors to pull out their initial investments after a few years.

If you place $20k bet on Mayweather - and McGregor wins the fight... you will win your hedge ($1,367) but lose the $20k... ie how gambling works.I am not sure of Bovada and maybe their rules on betting but straight line sports betting is binary

The gamble is don't overpay at the auction.

Have you seen a documentary called The Retirement Gamble?

Why not take a gamble with a hungry newbie on something small and get through the deal with them, rather than relying on them only.

Any speculative trading is just gambling and I wouldn't do this with my money, let alone my clients' money.

There is NO worthwhile cash flow here compared to almost any other place in the country, so everyone is gambling strictly on appreciation?