Jodi Faulkner

There is a game that you can play for free on the Internet called Mansion Impossible. It is billed as the addictive property trading game. This game really does give you some idea of house flipping and how to raise your net worth in the real estate market.

I would like to recommend it to you at this time. It just takes a few minutes to play a game and the learning curve is very small.

The way that they keep score is to figure out how long it takes you to go from buying small properties to purchasing the mansion which is the ultimate goal. They start you out with 100K and by purchasing smaller properties and selling them, you increase your net worth. You click on the different properties you wish to purchase and then click on them to sell them. The trick is to click on them before or just as their value starts to fall.

Eventually, you go on to "play" with more expensive properties. Of course, as you increase the price of the property, you also increase your earnings from each sale.

It usually takes me somewhere from 12-14 years (as they score) to puchase the mansion. I have seen some high scores of about 7 years. I honestly believe that these people are just better video gamers than me-not necessarily better real estate investors.

In light of my Mansion Impossible score, it is rather ironic that we began buying properties 15 years ago, though. We definitely started out with the very inexpensive properties and have worked our way up. We now purchase reasonably-priced 3-4 bedroom houses and use lease options with tenant buyers as our investment/exit strategy for this time.

While I would absolutely recommend tried and true real estate courses as your source of education, this game is a fun way to spend a few moments and is somewhat educational in your real estate adventure.