Posted by David Alexander on March 15, 2004 at 18:46:14:
In Reply to: Question about flipping properties. posted by Jason on March 13, 2004 at 03:28:29:
Start with techniques for gnerating Cash first....
Get good at that.... make sure you get control of your lifestyle.... so, that your not continuosly paycheck to paycheck... or just over broke...
In short develop new habits as you learn to generate the cash....
Once you have a means to generate the cash.... then start a business.... you then shift as many personal expenses to the business....
*** It isnt a business without systems...
That will make what you need to live on.... less...
Use your business as a partner to fund some of your deals...
Flipping...
You can flip most anything... Houses... Notes... cars... Products... Services...
Hard Money, use it for short term deals with a good exit... if yous use it... learn to structure deals.... and market better and then you can probably avoid hard money...
David Alexander