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gustooch3611
Joined: 08 Jul 2005 Posts: 6
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Posted: Sun Feb 25, 2007 10:17 pm Post subject: As anyone used the john Alexander 14days riches in real esta |
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| l watched the program on tv and he souned pretty good but am not really sure if what him and his student said are really true. cos they all testified to buying realestate with no money down. is that real or is it a scam. |
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godged5497
Joined: 14 Mar 2006 Posts: 10
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Posted: Tue Mar 06, 2007 11:07 am Post subject: As anyone used the john Alexander 14days riches in real esta |
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| Scam. That kind of thing is possible, but not nearly as easy at they make it sound. If you could really get rich in real estate, they why schill books? Just by the real estate! |
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acermill2140
Joined: 22 Feb 2007 Posts: 3
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Posted: Wed Mar 14, 2007 11:58 pm Post subject: As anyone used the john Alexander 14days riches in real esta |
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| sweetie, have you been living under a rock? pick up the business journal, or read any news, or watch any financial report. the market is dead and people are bankrupt for doing EXACTLY what the book urges. |
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nonzionist
Joined: 26 Sep 2004 Posts: 4
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Posted: Fri Mar 23, 2007 12:48 pm Post subject: As anyone used the john Alexander 14days riches in real esta |
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| Don't know anyone who has ever made any money from those infomercials..It's not as easy as he says... |
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garalex2121
Joined: 04 Nov 2005 Posts: 3
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Posted: Sun Apr 01, 2007 1:38 am Post subject: As anyone used the john Alexander 14days riches in real esta |
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| It might be possible but it's a lot of work. I can tell you exactly what he's advertising.Find someone who has a property and wants to sell. You're going to have to find someone who's motivated, and is willing to sell for less than the property is worth on the open market. You get them to sign an option on the place, giving you two weeks to cover the option. Then you run an ad for the property at something above what the person is willing to sell it for. Once you've found some people basically you find out if any of them are interested and you get them to sign a purchase agreement. You then write up a new contract between the two, basically you're selling your option to the new buyer for the difference. You have to do the paperwork right so that you're selling an option and not considered a real-estate agent.It's probably possible to do something with all the people who are in trouble with potential foreclosures, but it is going to be work. But if you can swing it, it may be possible. |
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