Discussion in 'Business & Tax Advice' started by benzy, Dec 21, 2011.
Anyone got any good ideas on this?
Upgrade to Jr. Vip
probably a good start..
create 500 sites. you can get your money back in 4-6 months.
500 sites, doing what?
Create a hella good product, hire a programmer to create an idea and sell it or find a good, low cost distributor to start a product site like selling clothes, take some PPC courses and invest money in advertising.
You will get Interest
yeh but the interest is minimal..would rather invest in a tangiable business offering good ROI
buy up some foreclosed property, fix it up if need be and rent it out or flip it entirely
good in theory perhaps, but i dont live in the US, are there really foreclosures going for 50k or less?
Setup an SEO company in a country such as India.. Once you get a stable source of clients, you should be making decent money per month.
There are foreclosures in Detroit going for $1
Most of these ideas carry a big investment and risk with very little in the way of "guaranteed" returns. I would say the best bet would be to find someone that you can get a legitimate JV going on building a bot or tool that can be released on Clickbank with an established seller.
Thats crazy man, I always read about foreclosures going for like $100 and such, but how and why :/ do they sell the houses so cheap ?
So sad for the previous house owners.
if you were in the us I would say real estate. Picked up my place for 45k and the lady bought it a few years ago for 206000. It was a short sale so it took a lot longer but was worth it.
you could give it to me
Find 5 niches that you are interested in and invest 10k in each of them. That way you are minimizing the risk and on other side you won't have the difficulties to look over 500 sites. Making a lot of site will result in diseconomies of scale.
No banks, Microsoft stock(MSFT). Buy 1900 shares at $25.76 for $48,944 then you collect a 4% dividend per year.
That's not all you do though, sell Out of the Money calls against your stock and you can reasonably expect 20% return over the year if you do it right.
Right now I'd sell the January 26 for $0.54. You pocket $1002 now, stock goes down the option expires worthless, you still own the stock, and you keep selling options. If it ends January over 26 you make 26-25.76= .24 * 1900 = $450. Add in the 1002 and you've made $1452 in 30 days.
365/30 = 12.1 * 1002 = 12,000 so you can expect at least 12,000 per year for an annualized return of 25% with very little risk.
Do a jv with a reputable and mediabuying firm/freelancer.... guap in that my friend
A lot of the previous owners are crack heads or crack dealers, and the houses are in crack town and nobody wants to live there. The houses are in bad shape, are barely livable, and the previous owners didn't pay their Property taxes, so when you buy the house, you have to pay those taxes owed and might also be forced by the city to make repairs to the house/yard that will end up costing you $10k to $30k before you can do anything with the property.
There is a reason these people lost "their" houses. Most of them should never have been given a mortgage in the first place, but unfortunately, they were encouraged by the banks to apply for a mortgage, and the government encouraged the banks to give them it.
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