Sunday, March 4, 2012
Chicago Street Cars & Elevated Trains in the 1940s
In the '40s, I could buy a HERSHEY bar for one penny and it was good but I don't like 'vegetable oils' masquerading as 'chocolate ' - hint to Hershey Co, to mend their ways :) Illinois Railroad Museum west of Chicago is a good place to visit if you want to see these and other railway goodies.
Saturday, March 3, 2012
Chicago Transit Authority 2007 New Flyer D40LF # 1356
Take a ride with Chicago Transit Authority New Flyer D40LF #1356 as it travels on Division toward Austin loop on Route. This bus is one of 630 equipped with a Cummins ISM & ZF Transmission of a total 1030 placed in service by the Chicago Transit Authority between 2006 & 2009
Thursday, March 1, 2012
Wholesaling Real Estate - How to Wholesale Real Estate?
www.REIClub.com - Wholesaling Real Estate Is A Great Investment Strategy For Beginner Investors. Here's A Quick Video On How To Wholesale Real Estate For Quick Profits... To Learn More On Wholesaling Real Estate www.WholesaleInterviews.com Hi, this isFrank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got quick video on what wholesaling is, and how to profit with it. Wholesaling real estate provides an opportunity for someone to build income with little capital or credit, by simply buying below market value and selling below market value. Wholesaling real estate (aka - flipping) - Don't take ownership of that property. - Assign the contract to another (end) buyer - close deal in your place. - Very low risk - little or no money down! - Usually sell to to investors with cash, lines of credit, or hard money loans = quick closings Some investors call it "wholesaling real estate" others refer to it as "flipping properties." Regardless of the term you use, you can make quick cash from properties you don't own. Step 1: Finding Distressed Properties - Resources - Real Estate Clubs, Auctions, MLS, realtors, FSBO, Craigslist, etc... - Profit Margins - Is there room to make money? - Deposit - amount ranges, but indicates serious buyer Example: - Retail Market Value - $100000 (fixed) - Negotiate price down - $60000 - Repairs - $10k-$15k - Wholesale Price - $65000 - YOUR profit = $5k Investor Profit = ~$20k Step 2: Build Buyers List (refer to cash ...
Labels:
Estate,
Wholesale,
Wholesaling
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