Dec 1

If you're thinking of going into business for yourself - I think I am pretty smart (tested in the top 2% on IQ tests), and pretty educated (master's degree in economics), and pretty creative (always coming up with ideas) and keep up on events and trends (read the newspaper every day, business journals and books), but here is the thing: Every single business I have tried besides real estate has failed. Every. Single. One. Real estate? It made me a millionaire in a few years, and I know people a lot dumber and less educated than me who have done the same with it. Another business? Maybe you will get lucky. I never did. So take the sure road to riches of real estate or gamble that you will get lucky with another business, where a competitor could knock you out of the game, technological change can make you obsolete, the market might not want what you have to sell, etc. Sure thing or a gamble. Up to you. That's how I see it anyway.
P.S. But I am still gonna try other businesses and invest in different things. With the money I make in real estate and can afford to lose. LOL

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  Brian Barge What are your thoughts on Apps? Fly by night trend that will die..or do you feel it has longevity in business?

  December 1 at 2:35pm · Like
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  Jason Buzi Apps, like many tech businesses, may be with us to stay for some time, but there are hundreds of thousands of apps out there, and only a few hundred that make any real money. I don't like those odds.

  December 1 at 3:05pm · Like · 1
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  Luis Saldivar Don't you think diversification is key and a good balance between oil, gas, gold, silver, stocks and forex besides real estate?

  December 1 at 3:23pm · Like
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  Jason Buzi It is. But I am talking about starting a business, which is a totally different thing than just diversifying your investments.

  December 1 at 3:24pm · Like · 1
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  Stephen Gearding What are your thoughts on target areas for someone interested in real estate investing? 
  
  California, where profits are insane, but competition is fierce and deals are harder to come by.
  
  Or somewhere in the Midwest where the profits are lower, but you have less competition and and likely more deals available.
  
  Where would you start?

  December 1 at 4:14pm · Like
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  Jason Buzi I would rather be in the more competitive market, I think, but that's the only one I have ever operated in.

  December 1 at 4:45pm · Like
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  David Fair .

  December 1 at 5:46pm · Like
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  Olive Sagittarius Is there any place in real estate for someone who doesn't like dealing with the public? Or another business opp that might work better?

  December 1 at 11:01pm · Like · 1
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  Jason Buzi I know a guy who refuses to meet anyone in person. He is a very odd person. He'll do a deal here and there but is not very successful. I don't consider myself a very social animal, but I am happy to meet people when needed. I have a few face to face meetings a week, and I think it's needed in this business. Wait, someone will contradict me now... There are theoretically ways to virtually wholesale and never meet or speak directly with anyone. I say theoretically, because I have only read about people doing this, never actually met anyone. Obviously, with most online businesses, you don't have to talk to or meet with anyone usually. I think there are ways to do real estate with minimum face to face or phone interaction, but I would advise some is necessary or, at least, extremely helpful in building trust, rapport, and securing a deal or a buyer.