Home › Forums › Financial Markets/Economics › make money on foreclosures
- This topic has 15 replies, 4 voices, and was last updated 14 years, 2 months ago by Coronita.
-
AuthorPosts
-
July 28, 2010 at 2:15 PM #17763July 28, 2010 at 2:32 PM #583667blahblahblahParticipant
Yep, that’s the real sure way to make money in real estate — selling seminars about how to make money in real estate! Works in any market.
The sad part is that there is probably a lot of money to be made in a place like Vegas. Buy el turdo homes for $20K, give ’em the granite treatment and sell ’em to FHA buyers for $80K. Even better, tote the note if you’ve got the cash. A motivated individual could get a few of these going and pipeline them, would probably make a decent salary, maybe over $200K/year. Unfortunately it would also be a lot of hard work and you’d be stuck in el turdo Vegas. You’d be at risk of developing a drinking, gambling, or hooker problem too.
July 28, 2010 at 2:32 PM #583758blahblahblahParticipantYep, that’s the real sure way to make money in real estate — selling seminars about how to make money in real estate! Works in any market.
The sad part is that there is probably a lot of money to be made in a place like Vegas. Buy el turdo homes for $20K, give ’em the granite treatment and sell ’em to FHA buyers for $80K. Even better, tote the note if you’ve got the cash. A motivated individual could get a few of these going and pipeline them, would probably make a decent salary, maybe over $200K/year. Unfortunately it would also be a lot of hard work and you’d be stuck in el turdo Vegas. You’d be at risk of developing a drinking, gambling, or hooker problem too.
July 28, 2010 at 2:32 PM #584295blahblahblahParticipantYep, that’s the real sure way to make money in real estate — selling seminars about how to make money in real estate! Works in any market.
The sad part is that there is probably a lot of money to be made in a place like Vegas. Buy el turdo homes for $20K, give ’em the granite treatment and sell ’em to FHA buyers for $80K. Even better, tote the note if you’ve got the cash. A motivated individual could get a few of these going and pipeline them, would probably make a decent salary, maybe over $200K/year. Unfortunately it would also be a lot of hard work and you’d be stuck in el turdo Vegas. You’d be at risk of developing a drinking, gambling, or hooker problem too.
July 28, 2010 at 2:32 PM #584403blahblahblahParticipantYep, that’s the real sure way to make money in real estate — selling seminars about how to make money in real estate! Works in any market.
The sad part is that there is probably a lot of money to be made in a place like Vegas. Buy el turdo homes for $20K, give ’em the granite treatment and sell ’em to FHA buyers for $80K. Even better, tote the note if you’ve got the cash. A motivated individual could get a few of these going and pipeline them, would probably make a decent salary, maybe over $200K/year. Unfortunately it would also be a lot of hard work and you’d be stuck in el turdo Vegas. You’d be at risk of developing a drinking, gambling, or hooker problem too.
July 28, 2010 at 2:32 PM #584705blahblahblahParticipantYep, that’s the real sure way to make money in real estate — selling seminars about how to make money in real estate! Works in any market.
The sad part is that there is probably a lot of money to be made in a place like Vegas. Buy el turdo homes for $20K, give ’em the granite treatment and sell ’em to FHA buyers for $80K. Even better, tote the note if you’ve got the cash. A motivated individual could get a few of these going and pipeline them, would probably make a decent salary, maybe over $200K/year. Unfortunately it would also be a lot of hard work and you’d be stuck in el turdo Vegas. You’d be at risk of developing a drinking, gambling, or hooker problem too.
July 28, 2010 at 2:50 PM #583682Nor-LA-SD-guyParticipantI know a few colleagues that got laid off almost 2 years ago doing this now, They don’t seem to be enjoying it much as they are still actively looking for work in our field ( I know this because they ask for references) , The last I talked to them about it (a few months back) they were surviving , making a little money doing this, but it seemed very risky to me, I guess the secret is to not try to flip anything that won’t cash flow, that way you may get lucky and not go broke doing it.
July 28, 2010 at 2:50 PM #583773Nor-LA-SD-guyParticipantI know a few colleagues that got laid off almost 2 years ago doing this now, They don’t seem to be enjoying it much as they are still actively looking for work in our field ( I know this because they ask for references) , The last I talked to them about it (a few months back) they were surviving , making a little money doing this, but it seemed very risky to me, I guess the secret is to not try to flip anything that won’t cash flow, that way you may get lucky and not go broke doing it.
July 28, 2010 at 2:50 PM #584310Nor-LA-SD-guyParticipantI know a few colleagues that got laid off almost 2 years ago doing this now, They don’t seem to be enjoying it much as they are still actively looking for work in our field ( I know this because they ask for references) , The last I talked to them about it (a few months back) they were surviving , making a little money doing this, but it seemed very risky to me, I guess the secret is to not try to flip anything that won’t cash flow, that way you may get lucky and not go broke doing it.
July 28, 2010 at 2:50 PM #584418Nor-LA-SD-guyParticipantI know a few colleagues that got laid off almost 2 years ago doing this now, They don’t seem to be enjoying it much as they are still actively looking for work in our field ( I know this because they ask for references) , The last I talked to them about it (a few months back) they were surviving , making a little money doing this, but it seemed very risky to me, I guess the secret is to not try to flip anything that won’t cash flow, that way you may get lucky and not go broke doing it.
July 28, 2010 at 2:50 PM #584720Nor-LA-SD-guyParticipantI know a few colleagues that got laid off almost 2 years ago doing this now, They don’t seem to be enjoying it much as they are still actively looking for work in our field ( I know this because they ask for references) , The last I talked to them about it (a few months back) they were surviving , making a little money doing this, but it seemed very risky to me, I guess the secret is to not try to flip anything that won’t cash flow, that way you may get lucky and not go broke doing it.
July 28, 2010 at 3:35 PM #583687CoronitaParticipantActually, the best way to make money now is trying to sell services to help people get a job. Resume workshops, mixers etc…Funny because I talked to someone that organizes this, who started this because she got laid off and couldn’t find work. It helps meet her budgets, but frankly imho it’s a big money waste to those that pay to attend….
It reminds me of those infomercials that use to tell folks who to make money by buying a book that tells people to make money teach a seminar on how to make money….
Just a thought…It goes along the theme that was brought up before…Ever wonder why those that “can’t” end up “teaching/managing”?
What your wallets folks. Plenty of vultures out there these days…
July 28, 2010 at 3:35 PM #583778CoronitaParticipantActually, the best way to make money now is trying to sell services to help people get a job. Resume workshops, mixers etc…Funny because I talked to someone that organizes this, who started this because she got laid off and couldn’t find work. It helps meet her budgets, but frankly imho it’s a big money waste to those that pay to attend….
It reminds me of those infomercials that use to tell folks who to make money by buying a book that tells people to make money teach a seminar on how to make money….
Just a thought…It goes along the theme that was brought up before…Ever wonder why those that “can’t” end up “teaching/managing”?
What your wallets folks. Plenty of vultures out there these days…
July 28, 2010 at 3:35 PM #584315CoronitaParticipantActually, the best way to make money now is trying to sell services to help people get a job. Resume workshops, mixers etc…Funny because I talked to someone that organizes this, who started this because she got laid off and couldn’t find work. It helps meet her budgets, but frankly imho it’s a big money waste to those that pay to attend….
It reminds me of those infomercials that use to tell folks who to make money by buying a book that tells people to make money teach a seminar on how to make money….
Just a thought…It goes along the theme that was brought up before…Ever wonder why those that “can’t” end up “teaching/managing”?
What your wallets folks. Plenty of vultures out there these days…
July 28, 2010 at 3:35 PM #584423CoronitaParticipantActually, the best way to make money now is trying to sell services to help people get a job. Resume workshops, mixers etc…Funny because I talked to someone that organizes this, who started this because she got laid off and couldn’t find work. It helps meet her budgets, but frankly imho it’s a big money waste to those that pay to attend….
It reminds me of those infomercials that use to tell folks who to make money by buying a book that tells people to make money teach a seminar on how to make money….
Just a thought…It goes along the theme that was brought up before…Ever wonder why those that “can’t” end up “teaching/managing”?
What your wallets folks. Plenty of vultures out there these days…
-
AuthorPosts
- You must be logged in to reply to this topic.