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The last time I wrote something, aside from the very last post to get a free subscription to workflowy (thanks yo!) I've done a bit of seemingly random stuff I consider positive and a step forward. Still I'm a little frustrated I have no income being generated from something I built or am doing aside from my regular work for some company job, which i only just started.
I became interested in real estate investing about a month ago. I learned about some successes people achevied buying distressed properties in vegas and renting them out on airbnb for a 20% annual return. I bet a few people are thinking that's great, speak to me first because las vegas doesn't like people taking business away from their hotels and you have to act accordingly. Leins and deeds are sweet in texas, the hybrid state that allows folks to buy back their property for a 25% premium, which apparently happens about 15% of the time. And then there's wholesaling, which has no barrier to entry and the only strategy I could do myself in the short term, only I don't think i'll have success negotiating in french.
Last week I began talking to a 150 year local boutique that's being run my a new owner about building their website. I got really into the project, which expanded into digital strategy, and marketing, and have a solid start to viable business plan. Hopefully I can persuade him to let me build the website and go from there.
I bought drawing software. I want to create drawings for a clothing line inspired by power.
Got one client for my dog walking service.
Can't seem to find an area of to focus on aside from REI, which is a tough space to start with no money.
Got any ideas ?
Pce
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mnj   United States. Nov 20 2013 01:54. Posts 3848 | | |
ppl grossly overestimate the profitability of flipping houses or property/renting houses or property.
hoa fees, maintenance fees, nonpaying tennants, insurance etc. |
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i'm critical too. Nonetheless a large number of wealthy people in this world got that way through the redistribution of wealth created by swings in the real estate market during times of economic crises.
And it's what two generations of my family does so im surrounded by key people. If I master the fuck out of real estate strategies i think i can get bankrolled for deals. |
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patmcgroin   Afghanistan. Nov 20 2013 03:23. Posts 830 | | |
| On November 20 2013 02:07 GameOverNoob wrote:
If I master the fuck out of real estate strategies i think i can get bankrolled for deals. |
No offence, but you seem like a really dumb person
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Some complicated shit happening in the REI world.
You're entitled to your opinion though.
Only i ask you to shut your mouth if you don't have anything worthwhile to say. |
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I'm not here to impress anyone with proper and intricate linguistics.
Just be haPPy Im NuT TLkIn LiKe ThIs, you douche
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napoleono   Romania. Nov 20 2013 07:07. Posts 771 | | |
Jack of all trades, master of none? You seem to jump around all the time, trying to get quick money. Imo just focus on something, which you enjoy and money will come naturally. |
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patmcgroin   Afghanistan. Nov 22 2013 23:48. Posts 830 | | |
Intricate linguistics doesn't make you a smart person and theres nothing wrong with your language.
You just seem dumb. |
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patmcgroin   Afghanistan. Nov 22 2013 23:48. Posts 830 | | |
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