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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Stats are usually predictable Posted by Ward-CA- on December 24, 2003 at 12:40 AM In Reply to: 2003 productivity stats for investors posted by agent on December 23, 2003 at 5:54 PM : Did RE investors in So. Cal do well overall in 2003? I know that buy and hold investors did well, what about flip investors? Where profits up or down overall based on the feedback that you have gotten? It seems as though many new investors are coming into the market thus the competition for deals is tough. What percentage of your students are still in business after 2 years. It seems as though the overall turnover ratio in this business is very high, one wrong move and out. Thanks ================== In So. CA I would guess that RE investors did quite well in 2003. The feedback we get is usually very positive?that's when people want to publicize their results. So I think that the measure of feedback would be skewed too far to the positive side. I think the success rate in real estate speculation is about the same for most any new business?rather low. And probably for the same reasons of lack of knowledge, money and time. Ineptitude in some other businesses might be forgiven, but not in a business that demands very accurate information, very quickly with high amounts of money at risk. An average person can probably make a success out of a popular franchise like McDonald's. But it takes a driven breed of cat to prosper investing in foreclosures. Hope this helps. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Did RE investors in So. Cal do well overall in 2003? I know that buy and hold investors did well, what about flip investors? Where profits up or down overall based on the feedback that you have gotten? It seems as though many new investors are coming into the market thus the competition for deals is tough. What percentage of your students are still in business after 2 years. It seems as though the overall turnover ratio in this business is very high, one wrong move and out. Thanks : ================== : In So. CA I would guess that RE investors did quite well in 2003. : The feedback we get is usually very positive?that's when people want to publicize their results. So I think that the measure of feedback would be skewed too far to the positive side. : I think the success rate in real estate speculation is about the same for most any new business?rather low. And probably for the same reasons of lack of knowledge, money and time. : Ineptitude in some other businesses might be forgiven, but not in a business that demands very accurate information, very quickly with high amounts of money at risk. An average person can probably make a success out of a popular franchise like McDonald's. But it takes a driven breed of cat to prosper investing in foreclosures. : Hope this helps. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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