One Man’s Misfortune Is Another Man’s Opportunity

If you were offered a bargain that sounded as though it was excellent, and it turned out that there was no risk
involved for you, you would without doubt take it, wouldn’t you? Most of us, if not all, would. But now add this variable into the formula: You can only complete this deal by taking advantage of the fact that a couple with their three children are separating after one of the parents lost their employment. They will sell for just over half of what they paid for the property because the bottom fell out of the market and the repayments are crippling them.

How do you feel now? Still thinking of popping open a bottle of champagne and celebrating your good treasure? Well, you may well be. The fact is that there will forever be bad news in this world, and if you feel that it is excessively unkind to gain from someone else’s misfortune then there will be countless other people out there who are not at all distressed about taking that step. Apparently you would be well advised not to proclaim your good wealth in front of the family who are about to lose their home, aside from they need to sell it, and you will not be helping them by opting out of the decision.

This is how many people make their first advancement on the real estate business. Equally, others will purchase houses from seized-property auctions without taking into mind that the work that went into those houses may have been bankroll by drug dealing, and buying from a repossession auction is also a way of profiting from someone else misfortune if you wish to take that view of things. It’s all relevant, and you are not the evil guy.

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