Have you ever stayed up late and watched a Real Estate Info Commercial? There are many out there that guarantee you can buy property with no money down or bad credit. They often suck you in with promises of getting rich without using any of your own money. They'll then convince you to spend $300 on their Audio Cassettes or DVD that will show you how to achieve this remarkable feat. DON'T FALL FOR IT! They're in the business of separating you from your hard earned money. Most of the information in their literature isn't even relevant to the Real Estate laws in your state. What about the money back guarantee you say...These companies know that 95% of their buyers will never take the time and effort to send the tapes back. Shipping and Handling, (which is usually non-refundable), for those programs can exceed the cost to produce the Real Estate Guru's tapes (so he has already made a profit even with a refund......how do you like those apples?).
The point is, nothing worth having comes easy but with the right information you can succeed. In tomorrow's Blog, I will give you the first of many pieces of the puzzle that will help you successfully get your very first piece of Real Estate.
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You can tell that these real estate guru's are what you would call husters. Not really can men but almost con men. The one area that I would not agree is the notion that you can never get something for nothing most likely thats true the vast majority of the time but not always check out the tarp warrants that were issued to the federal goverment by the large money center banks during the financial crisis of 2008 and 2009. You can purchase the tarp warrants for pennies on the dollar the federal governamnt sold the warrants some time ago they trade in the market and can be purchased by anyone. You could make 50 or even 100 times your money buying these warrants. If the price of the underlieing stock increases by two three four fold the warrats will most likely increase by twenty thirty forty fold or more the tarp warrats do not expire until late 2018.
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