1) How to purchase, fix-up and sell and rehab home.2) Pay days are very nice, but few and far between if you are only working on one deal at a time.

The thing I dislike the most is Snarly attitudes on payday from working too hard.Most do not seem to suffer from this, and some seem to have (shades of grey) of it a lot.I had one tell me he Hated me because I sat inside in the Air conditioning and (did nothing all day???

A regular rental - very slow but very stable income.An Airbnb rental - much faster income, and more of it, but less stable.A flip - a big payday once in a while.A passive investment in a syndicate - really big payday but not often.All are in real estate, but different models and very well diversified.

If they require money for unforeseen expenses, they can get a payday loan, use a credit card, borrow from family, etc.

They are the same people that thought they would hold for a big pay day & it never happened & are pretty open to selling on terms or with a deep discount.

Someone who lets their landlord know, "Hey I started a new job and there will be a gap in my paydays, so I'll be a little late for June, but it will be paid by the 10th", and then pays as agreed, does not raise a major red flag for me.

Now, they got their $90K payday, their fake appraiser and bootleg lender was payed, and we are stuck with an asset that is bleeding cash.

I just tore the house down.. new homes there now that it gentrified are worth 600 to 700k each and we can put 3 on this one lot. so about 2 mil in gross sale on a lot I paid 80k for and had no income for 10 years.. .. we will make a big fat pay day on that..

What is done is done and hopefully he cools off and doesn’t follow through but this is an easy payday for him with no risk as it is free to file.

I will subdivide build two homes sell those for just a touch under a million each and have a pretty nice payday all being licensed broker in my state.