This post is inspired by Tni LeBlanc who wrote about getting a steal of a deal in real estate today In her post she suggested that HGTV might want to take this one up….
So I have a proposal for HGTV – Let’s create a show entitled “The Real Estate For Robber Barons Challenge“ By turning it into a competition we can create criteria for the best Robber Baron. Think competition like Design Star with the ruthless cut-throat edge of The Apprentice.
Each week contestants need to find a distressed seller who is willing to sell their home for a fraction of its actual value. The ability to achieve this is based on the contestant’s capacity to con the seller to ignoring the basic principles of mathematics, common sense and their own best interests. The contestant then creates almost instant profits via the the slum Lord route or by flipping for an obscene profit. This is all done with minimal seed money that the contestants saved in a cookie jar over a period of six months.
The contestants need a suitable mentor figure…so I have chosen the Fabulous Fab himself – Fabrice Tourre of Goldman Sachs fame to host the show each week. He gained notoriety during the financial crisis of 2008 when he claimed to be selling financial products to “widows an orphans that he met at the airport” that were “pure intellectual masturbation…which nobody knows how to price.”
Bonus points would be awarded for the following:
Throwing a real estate agent under a bus.
Throwing a seller under a bus.
Throwing a buyer under a bus.
Throwing another contestant under a bus gives contestants immunity from elimination in the next episode.
The Take Home Message:
Greed is good. Poor people are losers. Making a fortune is easy, fun and anyone who just wants to get rich. And of course, just like the the 3 AM infomercial we all have the capacity to do this in our spare time with nothing but our loose change.
© 2011 – Ruthmarie G. Hicks – https://www.therobberbaroneconomy.com – All rights reserved.
Please feel free to contact me anytime to request additional information or to set up an appointment so we can explore your listing or purchasing needs. I am easy to reach by phone, text or email. Or, if you just want to continue your search online, the links below will help you get started.