Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

Contractor burnout is another concern.Owners like to think it's so easy to just pick up the phone or send a mass email to get contractors beating down their door to give them a bid and hopefully get the job.Doesn't work that way!

However, dismissing it entirely based on these issues overlooks several factors that continue to attract people and investment:Diverse Economy: California boasts a massive and diverse economy, far beyond just Hollywood.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

We aren't trying to get them to invest in our deal, we aren't upselling useless seminars, and we aren't trying to become a massive sized group.

If you are a new investor please make sure you read all of my comments.I believe that the statements being made are incredibly qualitative/philosophical and show a massive lack of understanding of both finance and real estate.

As one who personally had a medium sized HML company going into 2007 2008 with 600 loans on my books and by 2010 went through a massive re value melt down all of us in that business got hammered for us we started in 2001 and by 2010 had to basically shut down let go 90% of staff and spent 3 to 4 years hemorrhaging our net worth's to make sure our banks got paid ( which to my personal financial situation was devastating) Most of my peers went out of business completely ( BK) I did not but by 2011 I was basically starting over.

The common advice is that you need years of experience, a massive portfolio, or a perfect track record before raising outside capital.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.