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Sunday, October 02, 2005

Be An Informed Las Vegas High Rise Condo Hotel Investor

To borrow a phrase from a popular commercial, "what can professional football teach us about high rise investing?"

Today's game between the Super Bowl Champion New England Patriots versus the underachieving 1-2 San Diego Chargers should have been a slam dunk, no-contest victory for the Pats. Instead, when the game was over, it was the Chargers who were celebrating, and in the process snapping New England's 21 consecutive win streak at home.

What's interesting about this game is that the smart money handicappers in Las Vegas all picked the Chargers to win today's game and made a ton of money on it. Why? They did their research and knew New England was a pretty beat up team and didn't have the necessary resources to pull out the win, despite all their glamour and championship history.

Guess what folks? There are plenty of "New Englands" out there in the Las Vegas high rise condo hotel community. Like the Vegas sportsbook handicappers, you have to do your homework and research each and every project to determine who's in a position to win, who's in the position to pull the "upset", and who's in the position to dominate the market.

"But how can I do that?", I hear you say. "After all, I live in New York (or where ever) and can't monitor the projects like I know I should."

Aha! That's exactly what I thought you'd say. That's why this blog is here. And that's why you need a knowledgeable agent to guide you through the maze of projects. Sportsbooks love the uninformed gambler. Don't be the uninformed high rise investor, or you'll likely be on the wrong end of the Patriots-Chargers game, a game that was like giving away money for those who did their homework.

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