Today I had a real life shoulda, woulda, coulda.I showed up at a home yesterday to check out a 2000 plus square foot home that was selling for only $50,000 in a $130,000 plus neighborhood.
What was the catch? The home had tons of mold.
Another guy was there that thought he could rip out the sheet rock and redo the whole thing quickly.
His problem was he had no money. I also, am maxed out.
I knew the opportunity was now and I told him. You need to figure out how to buy this and we can tie this up today.
Today he calls wondering if he should make an offer. I told him that it was sold.
He could have bought this for $50000. Put $20,000 into it, and sold this for $130,000. Only $50,000 profit.
The lesson learned is: We will have tons of opportunities in this "crappy" economy. Get your money ready because deals like this will fall into your lap.
More people get rich during a recession than any other time.
Quit thinking how bad things are and go out there and make it happen.
I wish I would have bought this, but the truth is, my money is pretty much tied up for the moment. It really is true that you run out of money before you run out of deals.
Soon I will be ready for the next awesome deal that will fall into my lap and you can too.
Thanks Burke Bennett
208 589 5599
burkebennett@hotmail.com
http://www.seidahohomes.com/
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