My friend started buying and fixing rental house many years ago. Ricky was twelve years old then. By the time his sixteenth birthday rolled around, Ricky could paint bedrooms in his sleep. “Painting has never been my favorite past-time”, he says — “But my paintbrush paid for my college. Besides that, I’m part-owner of every room I’ve ever painted.”

SEVEN REASONS WHY YOU SHOULD CONSIDER “INVESTING TODAY”

1. Extra family income to supplement your job.

2. Career changing — How to become your own boss.

3. Send the kids to college from the rental house fund.

4. Building wealth — Acquire assets to produce future income stream.

5. Tax benefits — $25,000 write-off against regular wages.

6. Develop a guaranteed income in order to quit working sooner.

7. Build a retirement nest egg.

Making big money in real estate can be accomplished much faster by using the copy-cat method — Copy someone who is already successful: That way you can avoid the learning mistakes that “,most investors make. – Ya got it!

Hiring workers, especially handyman type has become a “red hot” issue with state and federal agencies that oversee employees. Knowing the rules is very important for everyone in the business of fixing up houses when you can’t do everything by yourself.

It makes no sense whatsoever to negotiate “killer deals”, and earn the big bucks, only to have everything taken from you because your handyman fell through the window he was fixin’ – or choked on mold fumes painting your bathroom. You can protect yourself from these potential problems rather easily – but only if you know the rules to begin with!

Hiring workers is an absolute must for property owners who must have help to build their personal wealth — There’s simply no way around it! One choice is to hire state licensed contractors for $100 an hour (California rates), but after paying them, where’s your profit? Thankfully, there is another way, but there are some rules you must follow. You must understand your options clearly so you can make the right choices.  For more help, see my website www.fixerjay.com

1. The general public is down on real estate. They believe all real estate is losing value; therefore, competition is at an all time low, which has created a tremendous advantage for investors.

2. Extraordinary deals are much easier to negotiate because the general attitude of many sellers is that they must cut prices and offer better terms and concessions if they expect to sell their properties.

3. Supply & Demand — There’s a lot more real estate for sale than there are willing buyers. Many offers will get accepted today that wouldn’t have stood a chance just 3 years ago! It’s truly a buyer’s market right now!

Since most distressed sales are actually not good for investors, it’s very important that you understand which properties will fit your goals for building net worth for you and your family. The key ingredient is the benefits – rather than the property. The question you must always ask yourself has never changed! If I acquire this investment – what do I get?

The big chase today is for the huge pool of houses dumped by their owners and foreclosed by the banks. Obviously, price slashing is the major attraction – but investors should ask themselves – slashed from what inflated appraisals to begin with, may not be a sound starting point to determine true value.

When I invest my money, I insist on being able to project my profits and cash flow within a reasonable period of time. If there’s some reason I can’t, then it’s too much risk in my judgment. Having control over financing and terms (like with seller financing) eliminates most of the risk and guarantees 111 make my profits. Without this control, the best I could do is guess!

In contrast, I have many students, both current and past, earning $ 1 00,000 a year and lots more. They all learned how to invest in affordable income-producing properties for about one-tenth the cost of Albert’s education. I might add that none of them ever needed a $41,000 student loan to start making money.

Am I missing something here?

a lot harder than most people say its is. That’s the bad news, but there is some good news too! Making the second million is a good deal easier than most folks think it is. Strange how it works out that way, but I think I can tell you the reason why.

Most instructors who teach people how easy it is, haven’t done it themselves, so they really don’t know how. Most investors, who have made a million starting from scratch, get very protective about their new wealth and likely won’t tell you anything. Naturally there are a few exceptions.

Even if you have a few dollars in reserve, you must never forget a basic principal of wealth-building-you can’t get very rich writing checks; it’s deposits that will get you there.

Fortunately there is a better way: Borrow¬ing from the seller when you purchase his property! It’s by far the cheapest and most flexible financing you can get when you buy the kind of properties we’ve been discussing¬-the rundown, fix-up kind. Sellers who own rundown properties don’t generally have a choice about financing if they wish to sell. No one else, meaning banks, will loan on “fixer-¬type” real estate. This fact makes sellers very flexible and much more sensitive to your needs. As a buyer, this is what I’m looking for: an inexpensive mortgage (low interest rate), flexible terms, meaning long-term with¬out due-an-sale clause or pre-pay penalty.

To begin with, Income real estate like duplexes and small apartments are caught in the downturn same as the houses we live in! The big difference however – rental units earn you money – houses cost money! Since the general real estate downturn includes all real estate, houses and Income units alike, an extra¬ordinary lifetime opportunity presents itself!

If the train left the depot without you before, this is your time and opportunity to catch up! You can now buy properties with seller financing and cash flow that make sense. For many, it’s a second chance to buy real estate that can lead to financial freedom. Today, you can often start with cash flow, build a second income and even switch to full-time real estate investing. It’s truly the perfect real estate investor storm. The opportunity is right now! It’s time to learn the basics and get started without delay!

In much the same way ring-savvy investors use other people’s money (OPM) to build financial security – it’s also possible to use other people’s skills as well! Today’s the perfect time to join together for the common purpose of building wealth! Never during the past 40 years has this window of opportunity opened so wide! Today’s unlimited worker supply, together with record low financing and depression priced real estate, have truly created the perfect storm!

Arranging your affairs so you can take full advantage of this golden opportunity is your best chance to secure your future today. Free labor is far superior to debt financing and creates monthly cash flow seldom achieved with mortgaged properties. Sound interesting? Jay’s FIXER CAMP is where you’ll learn how to make this popular wealth technique work for you. Bring your investor friend – learn together.

Changing the looks always adds value the fastest. It’s not by accident that I always begin my fix-up projects with the front yard. I’ve seen professional appraisers value identical houses $10,000 less because of plain old filth and junk on one property. In other words, a clean house is worth $10,000 more simply because the owner hauls away the trash and keeps the house looking nice. Think about that for a minute! That’s a lot of money for ordinary clean-up skills. Suppose it takes a whole week (40 hours) to haul away garbage and clean up a property. That’s $250 an hour, or nearly as much as a brain surgeon gets’ on his days off!