Real Estate Investing:
(Get Rich In Real Estate
continued)
 

Are There Still Good Buys? Continued:

She was never negative.

 She had made up her mind to learn how and to move ahead in the light of her knowledge. She thought positively. She was going to do it. It was as simple as that.

 She was resolved to banish fear and doubt. Perhaps she felt that she would never starve anyway, since she would be provided for as a wife by her dependable husband, even if she lost her (and her brother's) nest-egg.

This may have given her courage beyond the norm, but I doubt it. In this regard many other students simply earned their starter-investment by commissions on sales of real estate and risked that. I think they were, on the average, no different in their attitudes, depending on the individual.

Dorothea had some $6,000 to play with, and full authority to go ahead and invest it. Brother consulted with her but always agreed to her proposals.

A few months after she graduated, I officiated at the passing of the deed in which Dorothea acquired her first Aunt Toby. She invested about $1300 in cash. She continued her search for more of them, using the methods I will set out here. A few more months and she had located a duplex Toby. Six families.


All the Tests proved positives and the Value Formula said  "Offer the owner so much" (as in the previous one) and under the following terms.

She did. Some of the $1500 that she put down on No. 2 was money milked from No. 1. Then one day she called me about No. 3.

The facts were so intriguing that I went personally to inspect it for hidden flaws. Since it was perhaps the most outstanding example of my experience, it deserves explicit detail here.

 The details in No. 3 are so brilliantly and unimpeachably proof of the truism that there still is plenty of room, that I ask you to put your mind into certain orbits before approaching the facts.
 

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