Tag: money

Viewing 1 - 4 out of 4 Blogs.

*Note that if your new to the blog, to read from the beginning blog or the story won't make much sense!*

The next property I found was only a few houses down from my first one. This was great because I definitely knew what the after repaired value would be since the house was the same layout as the first one. It was also the same purchase price of $20,000. I put the details of this house on my website to see if anyone would be interested in funding the project. I wasn't expecting muc... Read More

So after reading some tips in this book, I thought I would take that idea of using other people to get started, my knowledge of designing web pages, combine the two and take it to the world wide web. I figured since most other businesses grow through the help of the internet, it could work for me too. The concept was simple, I find a property in need of repair at much lower cost then its after repaired value. I'll use other peoples money to buy it and fix it up in cash, and then once finished... Read More

Meanwhile back home, my parents had picked up a few more rental properties since the first one turned out to be good, only made sense to pick up some more. My father had his on contracting business, so he was able to do his own work on the properties saving a lot of cost. During that year, my father's twin sister had passed away from heart problems. Being a twin, they thought it was a good idea to check him out as well. They found the same problem. His aorta was splitting, which is what kil... Read More

I decided to post blogs on how I started in Real Estate since so many people are always asking. It will be a book in the making so check back for the next part of the story every week. If your interested in the real estate business..you may learn something from it. If your not interested in Real Estate, its still a good story and lessons to be learned that can be applied to anyone's life.

So here we go... Chapter One: Prior to starting the business.

480 and less then $100... Read More