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In this series, I will touch on the 7 main ways that everyday people from all walks of life and occupations; from burger flipper to house flipper, from a health professional to commercial portfolio holder; anyone can earn more income with tax advantages with less effort and education than one might think.
This just happens to be the first way people usually break into the business and some would argue probably the easiest way. But we all have questions:
Questions include, “Do I need money to make money”?
It helps but not necessary; depending on where and how you start. (You definitely do not with this first technique).
“I have horrible credit”.
You really don’t need credit.
“I don’t have time”.
Learn what is required and delegate the tasks just as you’ve done with other things.
All of the above are really not reasons when you get right down to it; they are "excuses". We can continue to make excuses or make money.
To move forward with anything in life, turn your "reasons"
why you can not do something
into "reasons" why you can, and you will!
Ter Scott, Life & Legacy Coach.
This series is bare bones, a “definition” in 7 ways to earn income as an investor.
If you would like more information on our training and how to join our investing group (and even earn money telling others about our nationwide system) complete the inquiry form. If classes are not filled we will reply via email and text first and place you on a waiting list otherwise.
Here is #1 of 7:
Find “Fixer-uppers” cheap
and then wholesale to other investors.
(If the following is all "new" to you, of course, it may seem intimidating at first; we have a program for that!)
Find a “fixer” property that needs a lot of work, and is priced low.
Get it under contract for 70% of ARV minus repairs, then pass it to another investor making a nice sum of 5K to $10K and more.
Find them on MLS, probates, “free and clear” owners.
Note: Banks won’t let you assign their purchase contract.
You may find that some of the terms I used in this paragraph are new to you. No worries. You can do research on the web on your own, pay an expensive coach (coaching is good; it gets you to your destination faster with fewer pitfalls as someone teaches you how to avoid known obstacles). Or, take us up on our 15-minute overview of who we are, what we do and how we make millionaire investors (complete inquiry form).
Be sure to return to read upcoming six ways to earn income as an investor! Let us know your comments and thoughts below!
Oh, by the way: for anyone who watches our 15-minute overview, you'll get this eBook, HOW TO THINK LIKE A MILLIONAIRE absolutely free!