virtual reality of rei ? - Posted by Bronco

Posted by kris (wi) on November 14, 2003 at 06:36:15:

Handheld Monopoly game $14.99

virtual reality of rei ? - Posted by Bronco

Posted by Bronco on November 13, 2003 at 13:08:57:

I just came across site that was selling a software simulation which is suppose to simulate real estate investing. This was at It is suppose to teach us real estate investing in a simulated environment. This was I think created by Allen Watkins.

It is like $137. I was wondering if anyone here has ever tried and is it worth the money?

I mean if it is worth the money, I am thinking this is the first product that is interactive.

I was wondering if there are others who also created a software to help us learn real estate investing? If so, than who? Is there a board game that was developed to teach real estate investing to? Is it still available? Has there been one created?

This is the only software I discovered that tries to teach real estate investing. I have not found another one, yet. Maybe this will be more common in the near future. Interactive learning looks like will help more people.


Re: virtual reality of rei ? - Posted by eric-fl

Posted by eric-fl on November 13, 2003 at 16:07:32:

Weird, how the “collective consciousness” thing works. I’ve been thinking a lot about this myself lately.

My main interest, in this, or any “video game” is for when I’m sick. And with the holidays coming up, I know I’m gonna get sick. Happens every year. So why video games, when I’m sick? Well, the way I figure it is, you can’t read when you’re sick. I don’t know why, you just can’t. And TV, well - it’s just abysmal. But video games, for some reason, can be played, even when you’re sick, but can’t do much else.

So why the tangent? Well, I got to thinking - I should get some games, you know, stock up for the holidays. But, I don’t really like the mindless, shoot-em-up, violent games. I don’t really like anything mindless, for that matter. So I figured, gonna play video games, might as well get something out of it. And real estate seems like an excellent thing to simulate, right? Kinda like SimCity, maybe, but I only manage individual properties, instead of the whole cities. “SimCity Tycoon”, maybe?

Couldn’t find anything, though. Closest I found was Donald Trump’s Real Estate Tycoon, but that’s more on the commercial side, with mixed reviews. And probably the most well-reviewed general business simulation is “Capitalism II”, by UbiSoft. Though this focuses more on traditional, manufacturing and retail businesses, apparently the amount of inputs and variables are incredible.

I’ll check out the site you included above. Although, I wouldn’t recommend placing too much stock in any simulation - sounds like just another good excuse for inaction. I’d use them more as harmless, occassional distractions, and an educational tool, rather than a crutch.

Re: virtual reality of rei ? - Posted by js-Indianapolis

Posted by js-Indianapolis on November 13, 2003 at 21:16:08:

Robert Kiyosaki has Cashflow 101, and it’s available as an online game for $100. I’ve played the board game, and it really gets the mind going. For the record, I’m not a Kiyosaki fan at all, so this game must be really good for me to like it.