Can you give me info on a good book

Question

:lol: 
 Can anyone referr me to a good book about making fast cash in real estate? 
Just wondering do carlton sheets program really works :pup:  :superman:  :D  :beer:

N/A N/A · Answer

Hello:
You asked for a book recommendation on making "Fast Cash". Well not to take a page out of Bill Clinton's script but that depends on what your definition of "Fast Cash" is.

I agree with the other responses to your post. There is really no such thing as "Fast Cash" in this business without paying some kind of price such as learning as much as you can about the business. I do happen to know a book that will allow you to make cash as fast as is possible doing this type of investing. It will teach you and get you started marketing yourself and your business from the very first day you pick it up. It’s a 700 page monstrosity with 12 audio tape instructions too. E-mail me and ask for the free report which is basically excerpts from the book. You can check it out and see if it will meet your needs; it did mine.

I think I understand where you might have gotten the wrong idea about "Fast Cash" and this business. I recall from one of your posts that you took a seminar on investing, is that right? As I remember you made reference to the difficulty you were having with finding and assigning properties and staying focused and motivated. Well you sound an awful lot like me years ago when my interest was first peaked in this business. I bought into those quick cash theories too. They made it sound so easy like the day after the seminar you would get a property under contract and the day after that someone would give you 5k for the rights to the contract; WOW!

Let me just say this about getting a property under contract with the intent to assign it. Do not do this as the only option you have, be ready to pull the trigger and follow through on the deal even if you can’t find a buyer. Why? I’ll tell you why. If you do find a good deal on a property and try this, a savvy, unscrupulous investor will know what you are up to and figure if he sits around until you exercise your “weasel” clause, then he can jump in and get the property without paying you. Yeah, they did teach you about “weasel” clauses right? Investors that have been around the block know that they did too. That is the first way you lose. The second way you lose, and possibly the most important way is by loosing your credibility. Exercise a weasel clause for some ridiculous reason once or twice and word gets around with real estate agents and they will not even present your offers to their sellers. They don’t want their clients properties tied up for 90 days to have you walk away for some petty reason. I buy “as is” and will only walk away after my inspection reveals a serious defect that I was not made aware of, that would make rehabbing cost prohibitive at the agreed purchase price. Even that however can open the door to new negotiations and an amended lower purchase price. If you still want to pursue assignment of contract might I suggest finding an investor, or several for that matter, who want to buy good properties and contract with them to be their bird dog.

Concerning your focus and motivation problem I know exactly what you’re talking about; I had the same problem for a long time. The problem was I didn’t know where to start. I had read a lot of books and attended a lot of seminars and learned a lot of profit making theory but where they all fell short is where and how to find the real good deals, what neighborhoods to look to buy in etc. I bounced all over the place for many years with only spotty success. It was not until I got the book that I mentioned above and implemented its instruction that I started having consistent results. Like the responders said there is a price to be paid to succeed in this business. Like BiggerPro said in his subtle manner, in this business knowledge is power.

Sheet”s stuff is ok but doesn’t give real good marketing your business info. His idea, or at least it was when I went through his material, was to drive the neighborhoods looking for “For Sale By Owner” (FSBO). This is not a cost effective and efficient way to market, the goal is to have most don’t wanters coming to you. Market your business right and build your rep. and that will happen.

Hope that helps out. E-mail me and I’ll get you the free report so you can evaluate the information.

To Your Success

Gary

Joshua Dorkin · Answer

I couldn't recommend any books for "Fast Cash" - if you're beginning in RE, I'd advise you to gain a good basic understanding of properties instead of going for the quick dollar.  Once you have a good base of knowledge, it will become much easier to make money with real estate.

As for Sheets, it is a basic real estate primer.  Not bad to get you going, but IMO, not worth all the money.

N/A N/A · Answer

fast cash? nothing like that... gotta take huge risks?