Thursday, October 12, 2006

Sign

I saw this hanging from a chain-link fence in Corte Madera the other day.

14 Comments:

Blogger anon said...

I see these all the time. Any idea what they are? Is it a scam?

Oct 12, 2006, 5:56:00 PM  
Blogger Chip said...

I see these in Orlando, at many traffic intersections. Suspect they mean, "I need a doofus, to run errands and make cold calls," based on a forecast of riches until said doofus finds out he or she has been had. Meanwhile, said doofus, if stupid enough and possessing any cash or a debit card, will be encouraged to max out his or her dream by buying into the pyramid scheme at the next level up, whereby he or she becomes a recruiter!

Oct 12, 2006, 7:24:00 PM  
Anonymous ross valley local said...

In Lucas-speak:

Sith Master seeks naive minion

Oct 12, 2006, 9:04:00 PM  
Blogger randolfe said...

Where in CM? Just curious.

Oct 12, 2006, 11:08:00 PM  
Anonymous bht said...

Pardon my off topic post......

Is anybody looking at the national debt ticker that is running on this website?

This is looking pretty scary to me.

It reminds me of the housing debt.

Oct 13, 2006, 1:22:00 AM  
Anonymous Anonymous said...

Strange. I saw the same sign in a NY City suburb 'couple of weeks ago.

Oct 13, 2006, 6:02:00 AM  
Anonymous Anonymous said...

You know I've called these guys and no one has ever called back. Investors...what a bunch of yo-yo's.

~Caddis

Oct 13, 2006, 6:36:00 AM  
Blogger bdemon said...

Saw one of these in Mill Valley last weekend. I read about them occasionally in some of the guru real estate investing books, usually the ones involving ideas you can't apply in the real world without being laughed at or going broke.

Oct 13, 2006, 8:06:00 AM  
Anonymous trailer trash said...

The sign that I saw in San Leandro yesterday said "$20,000 per month." Since the dollar amount was stated absent any context, it is unclear if the suckers responding to this come on would earn this amount or lose this amount. Probably the latter.

However, I'm sure that the Senior Vice President and Chief Economist of the NATIONAL ASS. OF REALTORS knows more about real estate investing that some jerk who sticks signs by the roadside. His book is all you need:

Why the Real Estate Boom Will Not Bust - And How You Can Profit from It: How to Build Wealth in Today's Expanding Real Estate Market (Feb 21, 2006) by David Lereah.

This book is available from Amazon.com.

Oct 13, 2006, 10:05:00 AM  
Anonymous Anonymous said...

My understanding is that this is an organized scam where they use the apprentice to buy an overapprasied property from the investor. The apprentice is then either stuck with the property, or encouraged to default. Then they try to run the same scam on another property.

Oct 13, 2006, 11:49:00 AM  
Anonymous Anonymous said...

It seems the bust is starting to hit SF, the deals for the buyers are getting better - good luck to you in Marin.

Oct 13, 2006, 1:58:00 PM  
Anonymous Anonymous said...

trailer trash said...
"However, I'm sure that the Senior Vice President and Chief Economist of the NATIONAL ASS. OF REALTORS knows more about real estate investing that some jerk who sticks signs by the roadside. His book is all you need:
Why the Real Estate Boom Will Not Bust - And How You Can Profit from It: How to Build Wealth in Today's Expanding Real Estate Market (Feb 21, 2006) by David Lereah.
This book is available from Amazon.com."

Sounds like a great book from a smart guy. I'll buy it before I start to flip homes and make big money...

Oct 14, 2006, 8:23:00 AM  
Anonymous Anonymous said...

Translation:

FLIPPER
SEEKS SUCKER

(to bail him out and hold the bag)

Oct 16, 2006, 10:40:00 AM  
Anonymous Anonymous said...

Or need apprentice pot house owner to cultivate indoor crops.

Oct 17, 2006, 2:31:00 PM  

Post a Comment

Links to this post:

Create a Link

<< Home

Terms of Use: The purpose of the Marin Real Estate Bubble weblog (located at URL http://marinrealestatebubble.blogspot.com/ and henceforth referred to as “MREB” or “this site”) is to present and discuss information relating to real estate and the real estate industry in general (locally, state-wide, nationally, and internationally) as it pertains to the thesis that recent real estate related activity is properly characterized as a “speculative mania” or a “bubble”. MREB is a non-profit, community site that depends on community participation and feedback. While MREB administrators do strive to confirm all information presented here and qualify all doubtful items, the information presented at MREB is neither definitive nor should it be construed as professional advice. All information published on MREB is provided “as is” without warranty of any kind and the administrators of this site shall not be liable for any direct or indirect damages arising out of use of this site. This site is moderated by MREB administrators and the MREB administrators reserve the right to edit, remove, or refuse postings that are off-topic, defamatory, libelous, offensive, or otherwise deemed inappropriate by MREB administrators. You should consult a finance professional before making any decisions based on information found on this site.

The contributors to this site may, from time to time, hold short (or long) positions in mentioned and related companies.