the terrorists new lawyer is our president!?

Random Ramblings
81

Lol, thanks for having faith in me. :bobble I just graduated HS last week.

Anyway, Im going to a small college nursing program (since nursing is in VERY high demand right now, and I can always gaurantee myself a job) I will be making 35K a year. The program takes about a year, im starting in Aug. This is a done deal :).

What I really want in life is simple…

I want to become financially independent. I wanna be able to wake up and work, because I choose to, not because I HAVE to. I dont want to worry about losing my home, or my kids not being able to eat if I get fired… (Im not planning on having kids for quite a while, dont worry). I want to be able to bring my family to IU basketball games, and not have to worry about not going because I have to work over or something. If I want to go visit a friend who lives 10 hours a way, I want to be able to do that.

I understand theres a time for work. Thats the way the world works, the worlds designed for people to WORK. But I dont want my work to become my life, or to anchor me from having fun.

Im not looking to become a billionare neccesarily (although, im not going to cut myself short, im going to try my best and become all I can). I think these goals are pretty realistic and understandable.

I look at people around me, and they have to worry about losing their job, or how they are going to pay the bills. They have to try to impress their boss’s and stuff. What you think?

Also, Ive got 1300 cash. Why you ask? Trust me, im allllllllll ears jake.

82

OK

The nursing is a GREAT way to go. My mother has been an RN for 30+ years and STILL loves her job. EXCELLENT money and NO SHORTAGE of demand.

You’ve got the first part nailed…Now I’m going to give you a nice little tip that will pay you HUGE dividends while you attend school.

I want you to go out and get a job THIS SUMMER with College Pro house painters.
It doesn’t have to be College Pro but they are nationwide and they hire a TON of college kids. You’ll spend your summers LEARNING how to paint houses (a NICE real estate tie in) but more importantly you’re going to learn how COLLEGE PRO markets to their customer base!!!
This is PRICELESS!!!

The other thing you’ll learn is how much MONEY these guy’s get to paint a houses. A typical one story 3 bed ranch house is about $4000 to paint. The material costs for that house are about $400. These guy’s make BIG $$$$!!!
You’re not working for college pro to learn how to paint houses, what you’re LEARNING is how to make THOUSANDS of dollars on HOUSES you don’t have to BUY or SELL!!! The light bulb should be going off right about NOW!!!

This will also give you the opportunity to TALK with homeowners that are preparing to SELL their homes. It can also lead to GREAT opportunities to BUY property.

This sounds SIMPLE…That’s the beauty of it. You can make MONEY while LEARNING a business that you can make a PILE of money in.
I have a friend who’s son followed this EXACT advice. This kid BUGGED the sh*t out of me to learn real estate. This is the exact advice I gave him. He spent one summer working for College Pro and the next summer he put out his own bandit signs. He made $8000 his first summer working for college pro and $28,000 his next summer working for himself!!! He rolled the $28K into a single family home he sold for a $58,000 profit.

The kid is now 22 and STILL paints houses in the summer (because according to him… “the money is SICK”) and now has almost $100K IN THE BANK and I guarantee this kid grabs at LEAST one more flip house this summer!!!

IT CAN BE DONE!!! The QUESTION IS???

WILL YOU DO IT???

83

fdjake, I went to the site, and registered will my info. They say they will call in 48 hours. Now… heres the thing

The nursing program im going to go in is an ACCELERATED program, which means I will have no spare time (All my time will be spent studying, this nursing program is HARD)I know several people who have went through it, its rough. . So… I will be unable to do this after the summer. No time. But… during the summer. im tottally game.

Also, Ive never heard of this, but it looks great. Thanks…

Looks like this is a summer only thing anyway… Thanks jake…

84

It’s just a summer job. They call it COLLEGE PRO because they heavily recruit from local colleges. The guy’s you’ll be working with are ALL doing what you’re doing!!!

The benefit of doing this is…

THEY will teach you how to paint houses. Next summer…YOU will teach your own crew exactly what they taught you!!! (light bulb goes off… NOW)

This may seem minor…It isn’t…They have a GREAT system they use to teach people who are NOT painters, how to paint. Pay close attention…If THEY can teach a college kid that never held a paint brush how to paint??? So can YOU!!!

This plan will also give you PRICING information and some ESTIMATING knowledge. Be smart…ask the boss how much it costs to paint a certain size house you’re working on. Ask him to let you help measuring for cost estimates. BE A SPONGE and WORK HARD…the better the job you do, the more he’ll confide in you.

Painting houses requires very little in set up costs. Stay away from multi story homes. You can make GREAT money painting one story ranch houses. A completed paint job on a typical ranch takes a week and costs about $2500 to $5000 depending on prep time. You can easily put $3000 to $4000 PROFIT in your pocket once you go out on your own. 10 houses in a season is NOT hard to do…

DUDE…That’s $40,000 and THAT…Is your first PROPERTY!!!

Roll that $40K into a nice little Flip that needs PAINT…and you’re on your way!!! Make a quick $30K to $50K on it and now you have almost $100,000 in the bank!!!

The next part is the HARDEST…

NOT going out and buying a VIPER with that money!!!

At that point it’s all about learning DISCIPLINE!!!

The toys will all come Later…Believe me!!!

Remember…Any IDIOT can blow $100,000.

It takes INTELLIGENCE to make that amount of money and NOT blow it!!!

85

:slight_smile: Light bulb goes off. This sounds very nice. Im deffinetly going to call them if I dont hear from them in 2 days. Im going to try really hard to get in on this.

One thing that is bad is… houses flat out arent selling here. Theres SO many houses for sale in my area (big industrial area, Northern Indiana), i would be weary of trying to flip houses around here. REI is all local, and locally, around here, it aint very pretty.

But yes, Thanks for the tip man. Looks like I can learn some good skills.

86

Don’t kid yourself…

If you buy ANYTHING cheap enough you can sell it for a profit.

Also…You’ve got at least a few years before you’ll even be ready to flip a house. Take that time to LEARN your market. There’s a certain price point in every neighborhood where a home SELLS!!! What you need to learn is WHERE that price point is and then BUY under it!!!

Oh…One last thing…

Don’t forget WHO gave you REAL, CONCRETE steps you could take as an 18 year old to start your Real Estate investing education and career.

IT WASN’T YOUR BLOW BAG RIGHT WING BUDDIES!!!

That’s what you’ll learn about RIGHT WINGERS over time…They LOVE to TELL you about what they PLAN on doing for you…

They just never seem to get around to actually DOING IT!!! :beer

They’re great with the LONG LECTURES about topics that they have little if any possibility of correcting or solving.

How many times have you said you were an 18 year old kid here???

Not one of them stepped up to give you an OUNCE of direction that could help you ATTAIN something.

That should tell you something kid!!! You can wipe your @ss with all the THEORIES and other BS. In my world I value things that PROVIDE VALUE to ME!!!

Remember that…It’s a lesson that will serve you well thoughout your life!

I didn’t tell you to sign up for some $1300 bullsh*t boot camp on Real Estate Investing…What I gave you was an IDEA that WORKS and…It will actually PAY YOU to learn it!!!

87

fdjake,
Good thing you’re doin.I thought we agreed the blame game was treading water though.Help the kid out,but if he’s conservative don’t throw him in your "right winger"catagory as you’ve done before with me also.I’ve shared and learned alot on this site w/out knowing who’s right/left, center if you truly wanna help him as I think you do ;why does this matter?Conservatives are ready and willing to share any helpful info also,I have. :beer

88

I agree with you…and that was NOT thrown your way.

This is an 18 year old KID…He’s got a LOT to learn. Turning himself into a rabid RIGHT WINGER at 18 probably isn’t going to help him see the MIDDLE GROUND on a lot of issues.

Here’s the PROBLEM with being LOCKED into a certain way of thinking…Our business LIVES in this MIDDLE GROUND. We get deals DONE by seeing other peoples situations and ALTERING our thinking to get the DEAL DONE…Hooch gave us a great example of how he lost $40,000 over $2000 because he refused to see the other side of a situation. I respect the hell out of him for relating that story. I’ve made the same mistake, and I GUARANTEE both ME & HOOCH keep that lesson in the back of our heads. This entire BUSINESS is built on COMPROMISE…Every part of a real estate transaction is a compromise…Our Goverment is no different, because like real estate, it involves PEOPLE with different IDEAS of what they want…The KEY is to get to “MIDDLE GROUND” and get the DEAL DONE!!!

I’m merely pointing out the OBVIOUS…Lot’s of people TALK here…

FEW…DO!!!

I made my bones DOING…The rest is all B U L L S H * T!!!

Instead of arguing over what I said…Why not give EXACT detailed directions on what YOU think he should do for a summer job that ties in with his desires to invest in Real estate. Don’t give him some BS advice about BIRD DOGGING, or starting a construction company. Give him something he can DO with NO EXPERIENCE this summer and tell him EXACTLY who to contact!!!

89

See thats the problem when most people give me advice.(People that are successful, in real life)

They are like … “Josh, you can birddog with no money. Find a house, and if its a good deal, a investor will give you money for it.” Ive tried that, its alot harder than it looks, because nobodys there teaching you or anything, and because I have no skills (reading stuff on this site, is helpful, but doesnt give you real life experience) it just never works out.

Im still very very very right wing… I hate big government. However, this doesnt mean Im not going to listen to somebody whos more on the left, and is making money. Im willing to listen to anybody if what they are doing is working.

Your little painting thing is something that I could actually do, and make money, and learn, instead of just sending me out without any guidance. So… thank you jake. Was a good idea.

90

There it is!!!

POINT PROVEN!!!

Josh is a smart kid…He’s not sitting on his @SS playing X BOX. He’s on a Real Estate investing site trying to LEARN…and do you want to know WHAT he’s gonna learn???

He’s gonna LEARN what WORKS!!!

We can ALLL give him advice…But whoever provides him with advice that WORKS is going to be an INFLUENCE in this kids life. Especially if that good advice is repeatedly given.

This is how the WORLD SHOULD WORK!!!

People who know…should be helping people who don’t…BUT…here’s the PROBLEM…For every JOSH in the world there’s a 1000 sh*thead 18 year olds who are too lazy to WORK FOR IT!!!

Josh…You are already ahead of MOST of the competition!!!

KEEP that advantage!!!

91

“Rabid right winger” so glad we got that cleared up for about two seconds. :rolleyes Jake did give you some good advice.But since I guess we can’t get past right/left crap and a conservative like me does’nt know what I’m talkind about or how to tell you how to be successful.I’ll give it a shot though since I’m 35yrs old and pretty much semi-retired(must’ve done something right along the way).Jake’s right on the bs of no money to make money.It’s possible,but then again so is hitting the lottery.I found three mentors in real estate who were very successful & bought them lunches,they would pay 1/2 the time and just let them share what they would.Also I worked with a home inspector,which was a good thing to learn about construction and codes etc.I can go on and on the point is if you want to be in this business there are alot of ground up things you can do that kinda suck at first but you’re learning so you’ll know whats involved on your houses when you get ready.My stepmom’s in nursing also,it is a rock solid career,just I would’nt depend on their retirement for the longhaul.Just the simple fact that you are as knowledgable as you are this far at your age is leaps and bounds above the rest.I’ll help with any advice I can offer and won’t do any glory dance if it works in your favor,it will if you make it.(stay away from the rabid right wingers they’re gonna make u fail just to hurt you. :rolleyes :rolleyes)

92

I think for every josh there’s more like 50k that are worthless future govt dependants,don’t underestimate the clueless among our youth.lol

93

Bama…Show me where I said you didn’t know what you were talking about???

You’re a pretty opinionated guy from what I read of your posts…

Well so am I brother…SO AM I!!! But don’t put words in my mouth.

I bet if you and I sat down in a bar this political BS we’re wasting our time with here would give way to some AWESOME real estate deal stories…

In the end…we got a hell of a lot more in common than not! :beer

94

I dont think Bama has every broken up his writing into paragraphs. His writings are like a big wall of letters.

I think Bama really likes politics, dontchuh Bama? lol

95

fdjake,
I agree,we actually were inline on the big picture in whats wrong in washington.

Hoosier,
I’m just being "conservative"with space bro.lol…and yes I am following this trainwreck pretty close(aka obama).

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I called College Pro (I didnt feel like waiting 3 days) , left my message and all,and I should be expecting a phone call soon according to the machine. So jake, ill let you know how that turns up.

98

I ran a painting crew for a student painters for a summer right after high school. It was a great job. I got to hire all my friends and make good money. I would highly recommend it Josh. The only reason I only didn’t stay with it is because the following summers I followed the Grateful Dead around selling various non-illegal items. It was some of the best times of my life because of the fun and the easy money. I believe the key to being successful is starting as young as you can. Most people will give u the “I am 2 young to be serious. I have the rest of my life to work.” That is BS!! When I was 9 years old I used to cut coupons out of my local paper for the local arcade/pizza place. They were “buy 6 tokens get six free”. I would then go to the arcade buy 6 tokens for $1.00 and get six free and then I would hang out near the token machine and sell them in singles to kids that had various amounts of change but no quarters. I did not make me rich but I alwYs had spending money at the mall and I got to play all of the video games I wanted for free. My point is Josh if you start now by the time u are 23 or 24 you will be set while all your friends are complaint about there 35-40k per year jobs you will have multiple streams of income making you $100k+ a year loving life. By the time u are 30 you will picking and choosing when and where u want to work.

99

Here’s what I found to be the KEY to success in business.

The ABILITY (not opportunity) to take RISKS!!

This is DECEPTIVELY SIMPLE…But OVERWHELMINGLY POWERFUL. One’s ABILITY to take risks is DIRECTLY related to their available CAPITAL. The MORE capital…the more ability to RISK/USE that capital. People with very high debt levels have almost ZERO risk capital. But exactly HOW do you obtain this higher level of risk capital??? The answer is very simple…

The single biggest investment 95% of people ever make is their HOME!!

And 95% of them DO IT WRONG!!!

Most people BURY themselves in their first home… And contrary to popular opinion, a home ALWAYS requires MONEY…IT EATS MONEY…Even a NEW HOME will EAT capital ever year… Once most people buy their first home, they CUT OFF 99% of the opportunity that they COULD have had because their house now OWNS them…There is NO EXTRA money for investing in ANYTHING. They are basically TRAPPED for 30 YEARS!!!

Let me lay out a simple alternative for Josh and it’s reprecussions for his future.

Let’s say Josh does the College Pro deal and spends 3 summers painting houses. He’s 18 now, so that would make him 21 after 3 summers. By this time he’s on his own, hiring his buddies, and making $30K or more in a summer.

The key to this scenerio is Josh’s ability to SAVE THE MONEY HE MAKES!!! Without that…The rest will NOT happen for him. But we’re going to assume he can save his money and we will futher assume he lives with his parents until he’s 21 or 22. The significance of living at home during the next few years is almost incalculable.

Josh should be able to put $50K together in CASH after 3-4 years. That should be his GOAL. Without a CONCRETE GOAL you are spinning your wheels. I had a calender when I was 22 that had $25,000 written on it. EVERY single deposit I made I crossed off that $25K and wrote in the new LOWER number. It became a GAME to me, and I got GOOD at it!!! Josh will also be working on his Real Estate skills in the meantime too. He’ll learn what CHEAP is in certain areas in his target markets. He’ll learn how to find people who want their HOUSES PAINTED thanks to College Pro. Now he’ll simply RE-DIRECT that marketing towards people that WANT TO SELL their HOMES!!!

Josh should be able to buy his first house for CASH…NO MORTGAGE…He’s in Indiana, so that $50K price point should not be out of reach. Josh will also buy his first house for HALF it’s market value. He has NO MORTGAGE and owns NO OTHER PROPERTY, so he can hold this house and LIVE IN IT for a year then SELL IT and pay NOTHING to UNCLE SAM…Z E R O…It’s ALL his…as long as he buys another home within a year. While he’s living in his first house, Josh will already be looking for his NEXT home…But this time it’s NICER…He uses the PROFITS plus his original CASH (because he gets that ALL back when he sells) to pay CASH AGAIN for his second NICER house.

My guess is this might take him 3 years (from age 22)…He needs to find JUST 2 houses…JUST 2!!!

So…With some hard work and DISCIPLINE…Josh could be a 25 year old guy with NO MORTGAGE and a very nice house!!!

Let me tell you this…And this is not a single WORD of exaggeration…

THAT WILL CHANGE YOUR LIFE more than you can ever understand at your current age!!!

You won’t be TIED to ANYTHING…You can take risks other people could only DREAM of…You can work as much or as LITTLE as you want.
The MONEY you’ll be able to SAVE at the age of 25 will be MIND BOGGLING to the rest of your FRIENDS and family. And BANKS will be tripping over each other to LOAN YOU ALL the MONEY you could ever want!!!

Once you reach the point of NOT having a mortgage…It won’t be a question of IF you become a MILLIONAIRE…It’s simply a matter of WHEN!!!

What you do with the next 5 years of your life will either SET YOU UP…OR KNOCK YOU DOWN for your remaining years.
This is THE MOST IMPORTANT time in your life because you have NO commitments to anything or anyone. You are TRUELY FREE!!!
If you’d like to STAY that way…DO NOT waste these years…INVEST in yourself NOW and the rest of your life will be what YOU want it to be!!!

This is EXACTLY how I made my money…When my friends were buying 3 bedroom ranch houses at RETAIL…I was SAVING MONEY…I watch friend after friend go to college, get married, buy a house and DIG THEMSELVES A 30 YEAR HOLE.

100

Its funny because thats exactly what my plan has been. Saving 50k in two years, after I graduate nursing school. I will be making about 35K a year, and the gov will probably take like… 10K of that (idk what the tax income rates are right now),. So… If I do some really really heavy saving, keep my expenses low, and live with my parents I should be able to save like 20K of the remaining 25K a year that I make.

Yeah… im going to be a cheap a$$ when Im young. lol. 50K by the time im 21-22 is very achievable. (and trust me, ive always naturally been a saver), i dont think itll be hard.

After Ive saved that 50K, there are so many options open for me at that age, compared to what my other peers will have. :beer