All Forum Posts by: Nick Albin

Not ofr houses but a friend of my gave one of his older cars to a school and they fixed his old car up really nicely.

Great post.

I dont know if its like this everywhere. But here you can sign up at some local highschools and for like a couple hundred bucks you bassically take a basic class in different things like electrical wiring, basic plumbing and some other stuff.

Its nothing to crazy and and your not gonna be able to tackle every job. However it does help if you don't know anything at all and want to learn, or at least know some of the signs on what to look for.

hmm where cna we buy Mikes book?

as far as my experience if you make an offer you are not charged anything. They ussually ask for a good faith payment to put ina escrow but that is a negotiable amount. (If I am correct)

Also if you deal with a FSBO there are no realtor fees.

there are alot of factors that go into whether or not something is a good investment. The main thing at least in my mind is whether or not you can profit from the deal.

Hey. Its a good idea and some people make alot of money doing so. But before you decide on doing so surround yourself with as much information and knowledgable people as possible. Once you learn more about the business and where you stand, then start writing out goals and a strategy to achieve those.

Good luck. I am pretty new myself.

Making that kind of money while living at home. Thats a ton when you think about it. As long as you keep your spending habits in check. You could use the time to build up cash and get more familiar with REI as well as other types of investing and see which one is best for you. But I mean making 30k a year and living with parents thats ton.

When a friend I wrestled with turned me onto REI I was at home with my parents making around maybe 23k a year and going to school. I was able to save up alot of money. Just by watching my spending and keeping my goals in mind.

about the mac thing. I am a big computer geek. Mac systems in genral are not that hard to learn. It takes time of course but its not nearly as unstable as windows.

yeah. well she was already in the nursing home and a realtor was selling it. house was free and clear and the state would collect any money made on the sale.

I guess it is kind of lousy. Oh well. Whats done is done.

I cannot speak as my first deal is still underway. However I have some friends so I can tell you about how they found some of theirs.

One of my friends found a home in one of those "Home" magazines they have in the grocery stores. He looked through it in his spare time and found a home for sale in his rental property area. He knew the older lady who own it who was selling the prop to get out since she was going to a nursing home.House was for sale around 45k. He offer 15k because he knew she wouldnt need it. He also took the "for sale sign" out of the prop since it was vacant to help reduce offers. He got the property and about a week later rented it out for 600 a month and the tenants actually gutted and redone the whole house. Was a great deal and worked out really well.