Posts Tagged ‘mogul’

New Real Estate Board Game

Sunday, November 23rd, 2008
Joel Harden founder and CEO of HCFD Corp. - a Philadelphia Real Estate firm developed Mogul: the Game of Real Estate Acquisition, Finance, & Management. He created the game few years back to, as he said, explain to his 11-year old daughter what it is he does for living.  Mogul teaches basics of real estate, investing, rate caps, mortgages, etc…
It is a family friendly game for 2-4 players and it’s original price tag was $199 but was lowered to $99.99. I guess the Real Estate market is effecting pretend investors and buyers as well.  Similar to  Monopoly, one Mogul player acts as a banker while each player starts with cash. Players roll the dice and move around the board.  They get to “collect the rent”, make hard life choices like getting married or buying a house, do social things and don’t forget – pay the bills. Each player fills out a “financial statement” and the player with highest “net worth” is a WINNER.
I would say this is a good opportunity to play around with flipping properties, buying and selling, investing in Real Estate without loosing a night of sleep and with pretend money.
 
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