Original Ways To Make Money Fast- She Made $20,000 in 3 Days
You're broke, the cupboard is bare. I sympathize with you though
I don't really understand how you could be in this position with
the abundance of money around you.
People talk about living within their means and curtailing
spending and such. The truth is you should be spending more on
yourself. You only live once. The concept of worrying about the
leak in the bathtub when really you should be more concerned
about the speed of the water coming into the tub. Turn those
taps on wide open.
Here's a way you can make 20 thousand dollars in a couple of
days. All legal of course and completey easy to do.
Real estate is very lucrative. But generally its accepted that
without a deposit and good credit you may never enter that
market. Fine, heres a way to make a fast $5000-$30,000 without
needing to spend more then a few dollars on phone calls and gas.
Jenny Rouse is a friend of mine, she was in a jam. When she
tried this at my suggestion, she couldnt believe how easy it was
to make any amount of money she wanted. She continues to
function as a Real Estate Bird Dog to this day. She drives a
merc these days.
Day 1: Start hunting for a bargain. Take a few hours to study
your local R/E Agents lisitings to get a feel for prices. For
example a standard 3 bed house on a standard block, make that
your target and establish what its currently worth. Thats the
intrinsic value. This is important to guage accurately. Once you
know what this type of house is worth give or take a few
thousand, you can now look at individual properties and make
allowances. For example a 2 car garage you can add $20,000
Larger backyard? You can add another percentage allowance to
come to a final conclusion on the intrinsic value of each
property you look at.
Dont trust the agents comments, make your own conclusions based
on the prices you have observed.
Find one that is an obvious bargain. Say, you know its worth
about $200,000 and they are asking $157,000 Now you are going to
take that spare value and profitize it for yourself.
People sell houses for their own reasons. Divorce, no accurate
knowledge of the market, a host of reasons. Its your job to give
them what they ask, not wonder about their motivations to sell.
Make them an offer of $160,000 on the condition that they give
you 48 hours to arange things at your end. They dont need to
know you wont be the end buyer. Its not their business, if they
are getting more then they asked for, they have no concerns. The
48 hours gives you a few days to find a buyer, if you fail to
interest anybody, you can walk away, free and clear. Give them a
small deposit, $50 your arguement is that you will give them a
proper deposit when you decide to definitely buy in 2 days.
(which the new buyer will give them)
Now you have control of the property. Legal control. They cant
sell it to anybody else but you for the next few days. Of course
you have no intention of buying the house, you just want some
temporary control of it.
This way, the deal must pass through you.
Day 2: Find some genuine property investors on the look out for
a good deal. You will approach local investment clubs. There are
always cash rich, time poor property investors on the look out
for a new investment. You let them know about the house and
arrange for them to inspect it. Tell them you will let it go for
$180,000
They would snap it up at that price.
Now its a simple matter of assigning your deal with the initial
sellers to the new buyers. Realistically this is a bit tricky.
But what you can do is sell the "assignment" to the new buyer.
Which always works. The assignment is the difference between the
$160,000 you arranged and the new buying price of $180,000
Making you a nice profit of $20,000
Day 3: Repeat.
Being a real estate bird dog is very profitable. You have no
overheads. No loans to worry about and certainly no deposits to
come up with.
You can treat it like a business, form contacts with investors
and shop your local neighbourhood all the time for new bargains.
Some bird dogs advertise others canvass door to door. You can
print up some business cards.
This is just one way to get into real estate. It is definitely
the way many people make large amounts of money very fast.
The $20,000 you just earned should be spent on a very nice new
car. If you get skilled at this business, your money concerns
will be a thing of the past.
To your health and rapid Success