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  1. CashFlowDepot

    Drinking with a Redneck Girl

    FUNNY 
    FRIENDS VS TEXAS FRIENDS FRIENDS: Never ask for food. TEXAS FRIENDS: Always bring the food. FRIENDS: Will say 'hello'. TEXAS FRIENDS: Will give you a big hug and a kiss. FRIENDS: Call your parents Mr. and Mrs. TEXAS FRIENDS: Call your parents Mom and...
  2. CashFlowDepot

    Blackberry Game Development?

    WEB/DIGITAL 
    If it is anything like the Iphone APS - jump in! they are selling like crazy. Since December we have sold 650,000 of a $0.97 ap We're working on developing more.
  3. CashFlowDepot

    REO Turnkey - Cash Flow positive with Property Mgmt in place

    MARKETPLACE 
    Income from rental properties is passive income but it is NOT tax free income.
  4. CashFlowDepot

    Real Estate Profit on Steroids

    REAL ESTATE 
    An option is a contract to purchase with a contingency clause when you wholesale, you get a contract with a contingency clause, then you can either (1) sell the contract, or (2) do a simultaneous close so the seller and the buyer never know how much profit you make.
  5. CashFlowDepot

    Real Estate Help

    Because you don't have experience with house values, estimating repairs, and selling I think it would not be a good idea to actually buy a REO to rehab. There's too much risk. It's better to make money with real estate while you're learning and before you actually buy a house. You can do that...
  6. CashFlowDepot

    Be Your Own Boss - Take That Job and Shove It

    MARKETPLACE 
    Be your own boss. Two times in my life I found myself unemployed. The first time, I learned to write really good résumés, but went through over 200 interviews before I learned how to dress, act, and respond to questions. The second time, when I lost my job at age 40, I realized I didn’t...
  7. CashFlowDepot

    How did you all get your start?

    REAL ESTATE 
    Halli You don't need cash or credit to jump in to the real estate investing game. You can buy with seller financing or subject to a loan. You can use private lenders - with equity participation. ( you find the deal, they put up the money, then you manage for 5 years and split cash flow. In...
  8. CashFlowDepot

    How did you all get your start?

    REAL ESTATE 
    laurenIvy - if your friend is buying houses that don't cashflow now then your friend is walking on THIN ICE. It's dangerous territory - especially now. That $3.1 mil house that he gor for $1.9 mil could probably be bought as an REO for $500-600k Most all of those loans he is taking over are...
  9. CashFlowDepot

    Drinking with a Redneck Girl

    FUNNY 
    Drinking with a Redneck Girl A Mexican, an Arab, and a redneck girl are in the same bar. When the Mexican finishes his beer, he throws his glass in the air, pulls out his pistol, and shoots the glass to pieces. He says, 'In Mexico , our glasses are so cheap we don't need to drink...
  10. CashFlowDepot

    Who here has a College Degree?

    OFF-TOPIC 
    I think instead of going to college ( often being forced to learning something that you'll never use again in your whole life) you should spend that same time and money learning from successful people - you'll go much further in life. You'll have a hard time finding a college professor who is...
  11. CashFlowDepot

    Conference Call Invitation

    MARKETPLACE 
    You're invited to a free conference call on Tuesday July 21st The call starts at 7 pm central Call 1-218-936-7999 Access code 770292 Learn how a dentist and a stock broker made the transition to full time real estate entrepreneurs and the valuable lessons they have for anyone who wants to...
  12. CashFlowDepot

    Who here has a College Degree?

    OFF-TOPIC 
    NO degree here. I'm glad because many I know who have a lot of money invested in their education can't seem to make the transition to being an entrepreneur. True wealth comes from being your own boss.
  13. CashFlowDepot

    How did you all get your start?

    REAL ESTATE 
    I got my start in real estate investing by doing wholesale deals. I'd find old, run down houses, get an option contract on them with a $10 earnest money deposit, then flip the contract to a rehab investor. I did 40 of these my first year with an average profit of $3k-$4k That's how I got the...
  14. CashFlowDepot

    Be Your Own Boss - Take That Job and Shove It

    MARKETPLACE 
    Message from Jack Miller == part 2 Are you ready, willing, and able to change careers? Today, a lot of people have lost their jobs. Many worked hard most of their adult lives to build a successful career. They tried to learn all they could to update their qualifications by going to...
  15. CashFlowDepot

    Be Your Own Boss - Take That Job and Shove It

    MARKETPLACE 
    Instead of selling the note, you can do equity participation. Get a private lender to put up ALL the money to buy the mobile homes and give them 1/2 of the cash flow and 1/2 of the upside. The advantages to you: (1) you can do many more deals because you don't need any case (2) your cash...
  16. CashFlowDepot

    Capitalism: Is it dying?

    When you put government in charge, they just make a mess of things. A good example is Amtrak. Here's a little history that many don't know. This report came from the Daily Reckoning recently: Reported in the Daily Reckoning By Adrian Day: “I’ve been called a cynic—and worse—but, as Winston...
  17. CashFlowDepot

    Be Your Own Boss - Take That Job and Shove It

    MARKETPLACE 
    Instead of selling the properties to retail buyers, you can sell with seller financing then sell PART of the note to generate cash.
  18. CashFlowDepot

    Capitalism: Is it dying?

    You're not serious are you? I don't think ANYONE wants more government involved! Entrepreneurs have a better chance of "making it" than anyone else. None of us can rely on an employer or the government for our security. You've got to stand on your own two feet if you want to make it in this...
  19. CashFlowDepot

    Here's a Little Brain Twister For You

    REAL ESTATE 
    I'm sorry, I forgot to share the details. The lady who had the deal is new to the mobile home park business. She's asked for help from an experienced MH park investor. Instead of help, he tried to steal the deal from her then offered her $2000 as a referral fee. But the bank didn't like his...
  20. CashFlowDepot

    A Special AUDIO Message from Jack Miller

    MARKETPLACE 
    Jack Miller has a Special Message for you. This is an AUDIO file and will take about one hour so take time to relax and hear what Jack has to say in this important message. Click on the link below: FROM JACK MILLER

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