Let me show you a pretty reliable way to do this:
Start with your 1000, go buy a pickup truck that does not run but has a good tranny, body ( I say pickup because a LOT of folks that work need trucks...market is decent) Comp your area and find a medium average number of 4 grand for this truck WHEN IT RUNS. get it fixed for say 1-2k now you have up to 3k into it. but it sells for 4000, you now have 2000 to do things with right? Ok now, take your 2k and go buy another 2 trucks (or whatever your market has a good demand for) and do this again, ok so now after a month or 2 you have about 4-5k saved from NO investment from you other then time ....now....If you are a first time home buyer go find a house that takes a 5% down, one that's in need of repairs that you can do yourself. Again, your going to use your down you made from flipping cars to buy the home, your going to live in this **** hole while you sub rent out your primary home or apartment. What your going to do is work your *** off weekends and nights fixing this crapper up so it's decent, make it charming, get Craig list help for 8 bucks an hour.. they may have bad criminal backgrounds so watch your stuff but work them like no tomorrow ok, and do this off your extra income your making per month and ALSO be finding another car to flip on the side to fund this fix up of used wood, old doors, some paint and a LOT of HARD LABOR...but here is the key, by doing this if you BOUGHT WELL BELOW MARKET on this UGLY house....guess what your doing. you are MULTIPLYING your value from your low cost labor and skills at finding good deals for free stuff to fix it up...This is pure brain spit so I am just typing as I think sorry...so....Here is the thing, IF you did this right, you took 1k and in less then 6 months you could and should be turning it into lets say 25k in profit when you sell this house that is now "nice" "cute" and a good "first time home owner home"
so, that's one way to take 1k and start to become financially free, it's basically what I did but I started with a little more cash, and now my personal value after many deals has a decent amount of zeros in it.
The really bad part is trust me when I say this the first part is THE WORST and the HARDEST. the more you do. the more capital you have access to the less work it becomes in a somewhat unfair exponential curve. lol
Oh and lets not forget, screw your brain on that is counter to what the entire society yells at you from the adverts, the marketing etc etc....become a man that LOVES to spend ONLY on things that make him more INCOME, not on anything that depreciates. that is the truly and only GOLDEN KEY needed to become wealthy over time. Once your brain is re-wired, and I literally mean RE-WIRED you will and forever become more wealthy then you where the day before.
Another note: CREDIT...build it....keep it high as a kite. it will serve you so so well when the time comes that you need mountains of cash to make a deal happen. once you have good credit, banks should become as common for you as a drunk is to a liquor bar. Really, banks DO contain mountains of cash, IF you know how to play the system, from lines against good props, to loans for commercial buildings, to personal lines of credit, to large credit card limits..and just like McD a bank is on almost every corner of ever town. They are all WAITING for you to get good credit so they can LEND you piles of money, over and over and over. Never discount Credit.
Also a good side note here: once you learn this way of being as a person, no matter what happens in the world or how hard you fall back down you will KNOW HOW to get back up and do it again, over and over so you have literally empowered yourself for success, as corny and cheesy as that sounds it's actually true.
Keep climbing!
