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Rich Dad University


A Complete Money Making Wholesaling system

Posted on October 19, 2006 at 10:58 PM

 

 

  • How do you make money with none?
    How do you make money with no credit?

    Wholesaling

    Shop for buyers before you shop for houses.

    Find buyers, then find deals, then bring them together using your buyers money.

    Ive done it, My buyers have done it, anybody can do it.

    It is honestly that easy

    DO NOT COMPLICATE IT,

    There is no reason to "Get Ready to Get Ready" or spend countless hours in "analysis paralysis".

    I talk to hundreds of investors every year who:

    Have been thinking about investing
    Have been reading about investing
    Have a friend who had done well investing (The elusive friend)
    Are saving for a down payment
    Waiting for rates to go down
    Waiting to finish their real estate course
    Waiting for their mentor to tell them to buy
    Waiting for summer (insert any season)
    Waiting for the market to straighten out
    Waiting till they can afford it
    Waiting till they get a promotion
    Waiting till their friend or relative can partner with them
    Trying to read just one more book
    Waiting till they buy their own house
    Waiting till they get a raise
    Waiting to graduate from college
    Waiting till their friend or family member becomes a realtor
    Waiting to be married
    Waiting till they contribute their maximum to a 401k
    Waitig till they get done working on their own home

Then after giving me their excuse for waiting they ask

What happens if the toilet gets clogged?
What happens if the furnace gos bad?
What happens if tenant ruins the house?
What happens if the roof leaks?
What happens if the tenant doesnt pay?
What happens if someone breaks a window?
What happens if someone leaves a broken down car at the house?

If they dont have the question, they usually tell me about a friend or relative who had one of the above happen.

The questions that they SHOULD be asking but NEVER do

What happens if I dont start investing now?
How many homes do I need to buy in order to retire comfortably?
If you could share with me your best idea, what would it be?
What kind of money am I leaving on the table by not investing?
Violin How does the stock market compare to real estate? (that doesnt even deserve an answer)
How can I use real estate to make my dreams come true?
What would I do with an extra $500 or even $5,000 a month in cashflow?
How will my family react when I retire 10-20 years earlier?
What are my broke friends going to think when I show up in my Porsche?

99% of people share this problem:

If a family member or friend needed $500, most people would need a ton of convincing to loan it to them, and if it wasnt repaid it would surely be a BIG problem, some people would even lose friend over such a small amount of money.

But that same person could care less about the $500-$10,000 a month that they will lose each and every month for the rest of their life by not investing in real estate.

Oppurtunity cost nobody pays attention to it.

I used to be a tight a##, then one day I got to thinking.

What if instead of worrying about ways to save money, I started just focusing on ways to make it?

That simple question changed my whole life.

_________________
Eric Medemar

www.TheForeclosureFinder.com

www.TheMillionaireUniversity.com
www.DomainRentalsDirect.com

http://www.reiblogs.com/RichDadUniversity/

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