“Can’t Believe You Still Have a Job” Award of 2009: Obama’s “Cash for Clunkers” sales forecasting team. As they projected a total 7-week program amount of $1B, they ran out of money before the first week was out and had to go begging Congress for $2B more. If “prognosticatin’” is your game, and you’re off by that much, you probably need to find a new job- you just ain’t that good at it.
Posts Tagged ‘Money’
In Real Estate, Timing is Everything
Before getting into real estate investing, you have to strategize, looking at all aspects first before shelling out your money and expending energy. It’s always important to pinpoint when exactly is the right time for you to sell or buy. Read more to find out.
One of the most interesting businesses these days to get into is the real estate market and specifically purchasing homes and refurbishing them. While the market is still in the doldrums, there are lots of good deals available around and if you are able to purchase some property 50% off the ticketed price, you can make money if you have a long term position and are liquid with cash. Here are some tips on how to get things started with realty buy and sell business…
NorthEast Mix Bulk REO –
This is a 75 homes bulk reo package for $1,003,197 purchase price (all cash plus normal closing fees…recording, escrow etc). Based on 14 man hours of comping the assets, the values are worth 4 times more than what we are selling for. If you know someone w/this type of money, and is looking for nationwide [...]
You may have seen some for sale signs in front of homes that read “For Sale By Owner.” And if you are thinking of selling your house, this may be an option you want to consider for yourself as well. The idea of being able to set prices and not pay an agent’s commission may [...]
