Mobile homes to millions!
This idea can make you rich, but it won't be overnight. It can be built as large as you like and you will become rich (IF) you stick with it. Many places in America lack affordable housing. I'm sure you all know this. Many people are forced to live with relatives or in places far to small for their family size. Did you know that you can purchase mobile homes from banks and finance companies for a fraction of what houses cost? Well you can. Many mobile homes can be purchase for less than 15.ooo. with 20% down! That equals only 3 thousand dollars! and many can be purchased (distressed) for less than that! You can set up a mobile park and provide much needed shelter to deserving families. The rent will cover your payment and then some. You can easily grow rich with a little persistence. And qualifying for a mobile home is super easy. It's much easier than a house. Usually, you will only need to be over 21, have a job and a small down payment! This is how you get rich from this idea. Simply lease to own to people who desperately want to own a "home" (no, it's not a house, but it sure beats living with relatives!) charge 15% interest, and watch your profits grow every year. and interest rate of 15% will double your money in less than 5 years! To get started, contact banks in your area, and tell them you want to buy distressed mobile homes. Also, contact finance companies and send a letter regarding your business. In a few months, you will be swamped with offers. You can always bring in a partner to start, if you need to. This is a get rich in a few years business so don't expect instant profits. But it is definitely get rich for sure....write me if you need more help....
Home Teaching to Success!
Did you know that Robert Allen, the famous real estate entrepreneur started out his career giving home real estate lessons in his home? Did you know that he was soon grossing more than 10,000 per month teaching others to do what he had learned to do by trial and error? If you have a skill, and need quick money you can easily follow this almost sure path to financial freedom. Many people would love to go a few nights per week and learn a new skill in a comfortable and informal environment. They are intimidated by going to a classroom setting and would love to learn with a few friends around a warm living room, versus a cold sterile class. Write down some subjects you particularly like and then spend a month or two learning them inside out. After you really feel that you are ready, advertise in the paper that you can teach anyone the same subject. Some excellent ideas for this are basic mechanics for women, Real Estate-always good, and always intimidating to many people) learning to save money, investing 101, How to take care of the elderly or small children, or even how to work a computer. Many people even in this day and age know only how to turn one on and that's about it! You can advertise your service for 2 or 3 days per week and by charging just 25.00 per lesson, you can make 50-75.00 per person/per week! So a modest number of people, say 10 will give you 500-750.00 per week!!! and that's just for a few hours of your time! What's really important about this is to chose something you have a total interest in. For me, I would obviously choose black women learning to attract wm, and teaching women to be financially secure and then grow rich. These two subjects really do it for me. I love to see people improve their lives and grow rich, not just in wealth, but in happiness... Always choose a subject that gets you excited, otherwise, the money will not sustain your interest and you will find yourself trying to avoid the classes... If you are not comfortable having people in your home, you can always rent a YMCA room or a college class room. This will also enable you to teach more people if you don't mind giving up the intimacy of a warm living room....
Get a Free HOUSE!!!
Have you ever heard of a law on the books called the adverse possession law? Basically this law says that abandoned property may be taken over by someone who pays the taxes and lives in the home 'adverse to the interest of the owner' What does this mean? I will give you an example. Suppose you take a different way home from work one day, and you see a house that looks totally forgotten. You stop and get out and look more closely at the house. It has weeds everywhere and looks like it has been neglected for a few years. You take down the address and make a trip to the court house to check it out. Turns out it has 6,000 in taxes due and the owner has not be seen in a few years. You turn to a service called www.findtheowner.com and research for the owner or relatives. It appears he has disappeared or passed away. You quickly pay the taxes, and begin to fix up the property. You advertise in the paper that you are selling the house, now you are not really selling the house, but what you are doing is a law requirement for adverse possession. That is giving public notice that you are taking over the house. You clean, paint and repair until the house bears little resemblance to it's former self. You move in and keep the taxes paid. You can even rent it out and keep the profits. but you cannot sell it until the statue of limitations runs out in your state. (this varies by the state) but it also (for most states) includes the time the owner has been gone. This law is so that property which is not being used and is attracting a criminal element can be put back into circulation and the taxes can be paid. Abandoned houses are a mecca for drug dealers, addicts, crime and tax money deficits. Therefore, people are encouraged to take advantage of this law. I know you are wondering what happens if the owner suddenly shows up. Well, first of all, he owes you the tax money and you can refuse to give possession back until the debt is satisfied. Second, if he has been gone for years, what do you think the chances of him suddenly showing up or wanting the property are? Third, simply tell him the property was lost at tax sale. Most people who are gone for years will not question this. They know they cannot expect to not pay property tax and keep their property! This is a real law and it really works! I have a friend who adverse possessed a cute little 3 bedroom home a few years ago. She fixed it up and has been happily living there with her kids ever since. While many single moms on her street are struggling to pay their rent/mortgage, she lives happily free and saves a fortune on monthly costs! She's ecstatic that I gave her this idea a few years ago, and estimates that she has saved about 40,000 in housing costs in the last 5 years! You can easily look this law up at your library, or Google adverse possession and buy a book on the subject to guide you- good luck and write me if you need help at: asktaylor1991@yahoo.com
Posted by Taylor-Sara at
Some extra wealth tips....
Wealth Ideas follow......Here is another good reason to start a business. Maybe you don't want big money from you small biz, maybe you just need to save some tax money. Either way, whether you want to be big or small: take the following steps for your business to save thousands of dollars per year in taxes.1. Get a business plan listing your plans and goals2. Register your business with your local county clerk3. Set up a business bank acct. ( I've gone over how to do this in prev. posts)4. Use Professional stationary and business cards (dirt cheap on the Internet, Ive gone over where to find them in prev. posts)5. Get company listing in your phone book6. Advertise in papers, direct mail, fliers, etc to build customer lists7. Keep accurate records and books
Thursday, August 21, 2008
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