Acres of Diamonds in Your Back Yard
Are there diamonds in your backyard?
Dr. Robert Conwell introduced the world to the tragic story of Ali Hafed back in the 19th century, during a time of significant economic distress. Dr. Conwell frequently found himself addressing audiences of opportunity seekers who were convinced that they needed to go to New York or Los Angeles, or someplace else far from where they were at, in order to find opportunities to provide for themselves and their families.
He responded by telling them the story of Ali Hafed.
Dr. Robert Conwell introduced the world to the tragic story of Ali Hafed back in the 19th century, during a time of significant economic distress. Dr. Conwell frequently found himself addressing audiences of opportunity seekers who were convinced that they needed to go to New York or Los Angeles, or someplace else far from where they were at, in order to find opportunities to provide for themselves and their families.
He responded by telling them the story of Ali Hafed.
Ali managed to eke out a living for his family on a rocky farm. Their needs were met, but he wanted a better life for his children. When a visitor told him how people were finding diamonds and how a single large diamond could make their fortune and secure their future, for the good of his family Ali decided he needed to sell his hard scrabble farm and go in search of diamonds so that he could provide for his family and secure their future.
To make a long story short, Ali traveled far and failed. He died far from home and impoverished, unable to locate the diamonds he so desperately sought to make his dreams for himself and his family come true.
One day, the visitor who told Ali about the diamonds came back to the farm and chatting with the new owner observed that Ali must have realized his dream.
One day, the visitor who told Ali about the diamonds came back to the farm and chatting with the new owner observed that Ali must have realized his dream.
"Why do you say that?" the new owner of the farm asked.
"Because I see you have a diamond on your fireplace mantle."
The new farm owner picked up the rock. "This? I found it by the stream in the field behind the house. The field is full of them. I have been piling them into a fence, but I liked how this one reflected the light and brought it inside."
It seems that Ali Hafed had searched the world over looking for a fortune that all the time was scattered across his own back yard. The very stones that made it hard for him to grow a crop were actually priceless jewels.
Today, we are in a time of significant economic distress. As a real estate entrepreneur I can tell you from first-hand experience that many today are telling people that to make money in real estate they need to go buy in California, Arizona, Florida, or New York, anywhere but where you are.
Just like then, the truth is that we all have acres of diamonds right in our own backyards.
Dr. Conwell taught his audience that if they would survey people within one square mile of where they live, determine what they want most and deliver it to them at a fair price, they could make their own fortune without ever leaving their home town.
As a real estate entrepreneur I have talked with many folks all across the country who are looking to make money in real estate. Many of them have been convinced that to get really good deals they need to invest in properties far away from where they live. Even I have succumbed to this notion.
Looking far from home for opportunities at the least is a waste of time and at the worst is an opportunity to be defrauded.
While I believe the Charlotte, North Carolina has some of the greatest real estate opportunities in North America, I don't believe that there are no good deals elsewhere. While I will be happy to work with anyone who wants to invest in this area, I won't for a minute pretend that you can't find good deals closer to home.
As a real estate entrepreneur I have talked with many folks all across the country who are looking to make money in real estate. Many of them have been convinced that to get really good deals they need to invest in properties far away from where they live. Even I have succumbed to this notion.
Looking far from home for opportunities at the least is a waste of time and at the worst is an opportunity to be defrauded.
While I believe the Charlotte, North Carolina has some of the greatest real estate opportunities in North America, I don't believe that there are no good deals elsewhere. While I will be happy to work with anyone who wants to invest in this area, I won't for a minute pretend that you can't find good deals closer to home.
Tom Sheppard has been successfully investing in real estate since 2001 while working part time. In 2008 he left a six-figure job as an enterprise project manager and risk manager with a major national bank to manage his real estate business full-time. His goal is to help 100,000 people find peace of mind by finding quality, affordable homes. He is currently looking to expand his network of funding partners who are helping him achieve this goal. If you would like to know more about how you can Do Well By Doing Good (TM), contact Tom at TSheppard@CharlotteWealthPartners.com
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