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Viewing 20 posts - 21 through 40 (of 50 total)
  • Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    How long would it take you to save 1 million dollars?

    How long would it take you to borrow 1 million dollars to invest?

    [biggrin]

    Just some thoughts

    We are giving away the free reports and audio files by Robert G. Allen for the next 3 months. You can email me for the free reports and audio files.

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    How about giving the use some good curtains to give the house a face lift and you may even sell it on the market for a much higher price than you purchased it for?

    Personally I am not a big of of fixer upper investing anyway

    We are giving away the free reports and audio files by Robert G. Allen for the next 3 months. You can email me for the free reports and audio files.

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    Just some thoughts:
    1. The sooner ou invested, the faster your investment would grow
    2. The cost of real estate would continue to increase in the future, we are making more people, but we are NOT making more land
    3. The dream of owning a home would become an impossibility for more and more people
    4. The demand for apartment buildints would increase along with rents.

    We are giving away the free reports and audio files by Robert G. Allen for the next 3 months. You can email me for the free reports and audio files.

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    Why do so few of us ever reach financial freedom?
    I think there are three main reasons
    1. Most people don’t believe it is possible or have given up trying
    2. Most people don’t have a specific plan for achieving it
    3. Most people are not willing ot do something about it NOW.

    I am not a real estate guru, but I can share you some tips.

    Several general principles will guide you as you invest in real estate. First, become very familiar with your local real estate by studying properties on the market. You may want to learn all about your particular city, is growth patters, its depressed areas, where the path of growth is likely to exend. The point is: The more you know, the more prepared you will be to invest. You can talk to real estate agents for these information.

    Seize the day

    We are giving away the free reports and audio files by Robert G. Allen for the next 3 months. You can email me for the free reports and audio files.

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    For the beginning investor, the safest investment if in incoem property. This may include rental homes, apartment buildings, office buildings, shopping centers, retail and wholsale buildings.

    How fast will the city grow and in which directions?
    Would I like to live here myself?
    I am not a real estate guru, but I can share you some tips.

    Several general principles will guide you as you invest in real estate. First, become very familiar with your local real estate by studying properties on the market. You may want to learn all about your particular city, is growth patters, its depressed areas, where the path of growth is likely to exend. The point is: The more you know, the more prepared you will be to invest. You can talk to real estate agents for these information.

    A good opportunity always goes to the investor who knows how to locate a good investment and who has the courage to act quickly.

    Seize the day

    We are giving away the free reports and audio files by Robert G. Allen for the next 3 months. You can email me for the free reports and audio files.

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    You may want to consider a multi family home in which you will occupy one of the units for a year or two. This will give you an investment property and priceless knowledge of how to run a multi family. If your lucky you may be able to set you rents so the other unit(s) pay for your mortgage entirely.
    sorry this is all I know

    We are giving away the free reports and audio files by Robert G. Allen for the next 3 months. You can email me for the free reports and audio files.

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    Just some thoughts
    This is my personal opinion
    1. The sooner ou invested, the faster your investment would grow
    2. The cost of real estate would continue to increase in the future, we are making more people, but we are NOT making more land
    3. The dream of owning a home would become an impossibility for more and more people
    4. The demand for apartment buildints would increase along with rents.

    always ask questions. Is this area growing or declining?
    How fast will the city grow and in which directions?
    Would I like to live here myself?
    I am not a real estate guru, but I can share you some tips.

    Several general principles will guide you as you invest in real estate. First, become very familiar with your local real estate by studying properties on the market. You may want to learn all about your particular city, is growth patters, its depressed areas, where the path of growth is likely to exend. The point is: The more you know, the more prepared you will be to invest. You can talk to real estate agents for these information.

    A good opportunity always goes to the investor who knows how to locate a good investment and who has the courage to act quickly.

    Seize the day

    We are giving away the free reports and audio files by Robert G. Allen for the next 3 months. You can email me for the free reports and audio files.

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    hey, this may be a money making opportunity.
    A great deal of money can be made by finding older properties or poorly maintained properties, and then giving the property a general face live and reselling the property.

    We are giving away the free reports and audio files by Robert G. Allen for the next 3 months. You can email me for the free reports and audio files.

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    always ask questions. Is this area growing or declining?
    How fast will the city grow and in which directions?
    Would I like to live here myself?
    I am not a real estate guru, but I can share you some tips.

    Several general principles will guide you as you invest in real estate. First, become very familiar with your local real estate by studying properties on the market. You may want to learn all about your particular city, is growth patters, its depressed areas, where the path of growth is likely to exend. The point is: The more you know, the more prepared you will be to invest. You can talk to real estate agents for these information.

    A good opportunity always goes to the investor who knows how to locate a good investment and who has the courage to act quickly.

    Seize the day

    We are giving away the free reports and audio files by Robert G. Allen for the next 3 months. You can email me for the free reports and audio files.

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    Hi royalty

    dream big and take action.

    You can absolute do it.

    how to generate perpetual cash flows ?
    http://www.unitoday.net/healthyjack/mystory_en.cfm

    http://healthyjack.usana.com

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    Leverage! Take a speedreading course and then apply the 90/10 principle to select your materials. Stop wasting time watching tv- or any other time wasting activities. I also listen to educational programs while driving,waiting,working out etc.

    Start with your interests and your abilities. If you are best prepared for paper investing (lots of cash/little free time), then start there. If you are best prepared for REI (lots of cash/ flexible schedule) start there

    sorry this is all I know

    how to generate perpetual cash flows ?
    http://www.unitoday.net/healthyjack/mystory_en.cfm

    http://healthyjack.usana.com

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    You want to invest but have little money or credit. Figure out what you DO have to contribute then find someone with the money to be a partner or investor.

    Ask yourself -” who can I find to be a partner who has money and credit- but no time, motivation, or specialized knowledge?” (which means you need to have time, motivation and specialized knowledge)

    You can a list and contacted the people who you think might have money to invest. you can simultaneously start looking for properties with problems- preforeclosures, bad management, fixers, etc. I then started making fliers- for free at the library- for people who wanted to buy via lease option and had them call and leave a message with a family member who had a phone.

    Tell your investors your plan and say- “Hey look- I’m just starting out. I can understand that you probably are interested but are worried about my lack of experience. That’s understandable. I’ll make this a no risk deal for you- I’ll put in all the work and…. I ONLY GET PAID IF YOU DO! If there’s no profit I don’t get a cent- If there is we split the profit 50/50”

    Hope this helps

    how to generate perpetual cash flows ?
    http://www.unitoday.net/healthyjack/mystory_en.cfm

    http://healthyjack.usana.com

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    nothing down on property is generally not going to happen from any standard institutions. There may be some hard money out there if your buying the property 35% or more below its market worth.

    If you look you should be able to find between 75-80% financing on commercial property without to much difficulty, A good mortgage broker should be able to help. Talk to the owner and see if he will carry back a second mortgage for 15 to 20% to make up the difference.

    I would be curious on any details you have on the property. Income,expenses, asking price, and market value.

    Good luck.

    how to generate perpetual cash flows ?
    http://www.unitoday.net/healthyjack/mystory_en.cfm

    http://healthyjack.usana.com

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67
    Originally posted by Mr Morgan:

    Im not in this forum, just having a read and i must say it has to be one of the most entertaining reads I have had for a long time.

    Cheers Josh

    Josh, you are the man, those guys treat themselves way too serious.
    By the way, I did not even need to explain myself in the first place (but I did). What is wrong with my post? Isn’t this forum about sharing stories?

    final words? where is the bunny?

    how to generate perpetual cash flows ?
    http://www.unitoday.net/healthyjack/mystory_en.cfm

    http://healthyjack.usana.com

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    THANK YOU abbee
    Thank you Henry

    that topic clearly says I want to share someone’s story.

    how to generate perpetual cash flows ?
    http://www.unitoday.net/healthyjack/mystory_en.cfm

    http://healthyjack.usana.com

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67
    Originally posted by Alexei:

    A LANGUAGE BARRIER ASWELL AND ONLY THE DAUGHTER CAN TRANSLATE.

    I speak Mandarin, does that help?

    how to generate perpetual cash flows ?
    http://www.unitoday.net/healthyjack/mystory_en.cfm

    http://healthyjack.usana.com

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    While following a solid management program and practicing reasonable care will eliminate most tenant problems, there simply are no guarantees that you will never get a bad renter. Every business has its risks, and this is one of them in real estate investment. The best that you can do is to buy a property carefully, maintain it well, screen applicants to the best of your ability, and be prepared to act if anything goes wrong. This is one of the few opportunities you have in today’s economy to exercise so much control over your own financial well-being, and you must be prepared to accept the responsibility as well as the profits

    If your dislike is based on a personal prejudice, such as race or religion, you have no legal grounds on which to refuse the applicant. On the other hand, if you object to a tenant whose personality is totally impossible for you to deal with, you may be able to support a refusal on grounds of personal preference. You should consider this very carefully, though: you will most likely have very little contact with the tenant once the house is rented. Your rental decisions should be based on business considerations, not the sort of personal tastes you would use in choosing a friend.

    how to generate perpetual cash flows ?
    http://www.unitoday.net/healthyjack/mystory_en.cfm

    http://healthyjack.usana.com

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    You will have to get some knowledge through courses, getting a mentor, property mangement, talking to other investors, joining a real estate investing organization in your area and talking to them. you can also read some rich dad’s books. Rich dad is an awakening. It is not a how to book. You need more specialized knowledge. Read here on the forum and also I think you should gain the financial intelligence to play the REAL game of investing. R.D.P.D. cash flow 101 & 202 are a great place to start, but will NOT give you all the real life scenarios that you will go through

    how to generate perpetual cash flows ?
    http://www.unitoday.net/healthyjack/mystory_en.cfm

    http://healthyjack.usana.com

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67

    oh please, I did not make the topic huge and clear and you did not read carefully,

    ANY WORD FROM THE EASTER BUNNY?

    how to generate perpetual cash flows ?
    http://www.unitoday.net/healthyjack/mystory_en.cfm

    http://healthyjack.usana.com

    Profile photo of JackHuJackHu
    Member
    @jackhu
    Join Date: 2004
    Post Count: 67
Viewing 20 posts - 21 through 40 (of 50 total)