Originally posted by "r2d246":
Tash....You got a lot to learn. .....
thats why I am here :D
Originally posted by "r2d246":
.... You might start by going to ebay and getting a copy of "Carlton Sheets No Downpayment course" buy it and listen to it in your car as you drive around. You'll quickly start to learn how this business works.
... .
my parents have that one and they buy houses to rent out (with option to buy), but they have had a LOT of problems. A bunch of people move in and then dont pay rent, and then my parents cant throw them out and get stuck.
they had one guy move all his stuff in, pay rent once, then leave for 4 months. when he came back they had moved all his stuff out and moved on since they didnt even know what had happened to him. he got mad that they didnt leave his stuff alone. :roll:
my husband saw the john beck (I think thats what it was) one on tv the other day and he said it sounded better "then the one your parents have". since its hard to tell from an infomercial I got online and found this site :)
Originally posted by "r2d246":
....To answer your question...have you ever watched TLC those shows like "flip this house" and "property ladder"? They buy a house, do some fix ups and then sell for huge profits? Thats' one way to flip a house. Some people buy a house, mow the lawn and spend $20 bucks for a gallon of paint to repaint the front of the house and then relist it at $10k or $20k more and sell it. All the properties I've flipped I didn't do a thing to any of them and flipped for as much as $140k net profit in six months. So flipping properties is an easy way to make huge winfall profits with little to know work.
....
yeah, I love those shows, but they are tv and are edited for entertainment purpouses. they dont always show all the details....
but with those types of flip you are actually
doing something, even if just mowing. even with the eBay people who do similar things with stuff they get at estate sales (my mil does this with fabric), they are doing something with it, even if just makeing it look pretier (wash it) and make it avalible to a wider audience. It just sounds like 'paper flipping' doesnt change the 'product' at all and would be a harder sell (not impossible).
my husband would love to get something that we could just mow and paint (even if we had to paint the inside with primer or something). I think this sounds like a great idea.
Originally posted by "r2d246":
....So yes you can easily tie up a property and then sell the contract for a few thousand dollars profit to a REI by going to your local REI club and letting them know that you have a contract for sale. That's one way to flip stuff without doing much work and when you only have $1500 to work with. It happens all the time.
so 'tieing up' is what you do to make it worth something? I guess I still dont see why someone would pay you $4000 to do something they could do. even after you show them they could just wait the 30 days and then get it themselves for cheaper right?
