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Updated over 6 years ago on . Most recent reply

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581
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Tony Marcelle
  • Bessemer, AL
32
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581
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Do you listen to lawyers?

Tony Marcelle
  • Bessemer, AL
Posted

Would you listen to a lawyer who tells you not to try an investing strategy that other investors have proven to work despite warnings from a lawyer who says it is too risky?

Most Popular Reply

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1,286
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Josh C.
Pro Member
  • Property Manager
  • Indianapolis, IN
1,311
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1,286
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Josh C.
Pro Member
  • Property Manager
  • Indianapolis, IN
Replied

The fact you don’t mention the strategy leads me to believe you already know it’s unethical at best and criminal at worst. Lots of unethical ways to make money in real estate. Sells trash on contract to poor people. Wholesaling houses from widows and uneducated people stealing their only assets equity. Selling trash turnkey properties to dumb out of state investors. Happens everyday and makes money. Does that mean you should do it? Course not. Hard work makes lots of money too. Plus you can sleep at night.

In this market you could buy any run down house in a good neighborhood. Watch you tube videos on how to do the work yourself. Do the work nights and weekends. 4 months later you’ll have 40k in profit.

I got started this way with another job, a working wife, and kids. Broke my foot, got metal shavings in my eye, broken a ton of fingers, got burned every which way and still made it happen. That’s just the attitude you need. It’s not forever like that, just to get a bankroll. How to screw people is the wrong attitude.

Good luck

  • Josh C.
  • Loading replies...