$1,000 Houses

07 Nov

Do you think you can buy a single family home for $1,000? You can and the only catch is the area, Detroit, however if you can deal with the high property taxes and crime you can own your house for less than most peoples monthly mortgage payment.

The house above was bought by me for $1,100 and it is a 4BR/2BA/Double Lot home. Sure it needs some work including paint, carpet, siding, and some appliances but I can then owner finance it for $500/month to someone who has bad credit but needs a home.

Of course, there is more to this than that but the basics are correct and the $500/month scenario I have achieved several times before so I know it’s possible. If your looking to buy a cheap home to live in or looking to invest in property please take a look at my website

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I-Phone Apps

27 Jun

Having heard so much information and buzz about the Iphone and now the Ipad I was wondering how I could capetalize on this trend.

After researching that there were quite a few people having apps developed and making a ton of money from them I decided to research more in depth last year.

At the time I though that this wouldn’t work for me since I didn’t know how to make an app so I gave up on the ideas until I read this book.

Not only does this book tell you how to get an iphone app made cheap but it tells you where to go to get them developed.

Without this book there is no way I would have ever threw my hat into the app game. Now I have 1 Iphone app almost completed with another on the way.

I put in a job proposal on and soon have several bids for my app. I settled on a $450 bid since the app developer had exeprience with a fellow website entrepenuer and great references.

I figure in a worse case scenario if I don’t get my $450 back from downloads I can always sell the app to another app investor.

So I will wait and see a few months after my app is in the I-tunes store to see if its a success or not and then go to plan b, sell it to another app investor, to get my money out.

If anything it will be a good learning experience and you never know it is always possible that it could be a big hit. In any case, if your looking to spend only a couple of $100’s like me I suggest you take a look at How To Create IPhone Apps With No Programming Experience.

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Posted in Apps


P2P Loans

19 Jun

I am always looking for new ways to make money from investing and peer to peer investing fits that type to a tee.

What are P2P loans? They are loans that pay a higher interest rate to investors and have easier qualifications for the borrower.

This types of individual loans are not for the risk averse but you do get to select the individual you want to make a small loans too.

The to most popular P2P websites are Lending Club and Proper. Both of these sites allow loans as small as $50 which when pooled together with other investors allow an individuals loan to be funded.

What I like about this is that you minimize your risk by spreading out your loans to multiple borrowers.

Along with this diversification you also get higher than normal interest rates with your loans, some as high as 25% for riskier loans.

If your looking to make more money without all the risk normally associated with personal loans take a look at both of these websites.

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Arrowhead Collecting

18 Jun

If your looking for a way to make money in rural areas looking for indian artifacts is a great way.

Any plowed field is a potential hot spot and money making opportunity if you know what to look for.
You don’t need a lot of experience to find arrowheads, all you need is some time, patience, and a good eye.

The best time to look for arrowheads is during or after a heavy rain storm since it not only uncovers the artifacts from the dirt from the artifacts.

The rain also makes the artifact material easy to see since the colors are brighter than the surrounding dirt.

You should also look for high areas in the plowed field near a stream or spring since the indians camped near these areas.

Most arrowheads sell for a few dollars to $50 but you also have the potential to find older or rarer types that sell for several $1,000.

If your looking for more in depth information on finding arrowheads take a look at Arrowheads & Stone Artifacts: A Practical Guide for the Amateur Archaeologist

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Return Merchandise

18 Jun

How many times have you bought something only to realize days later that it was a mistake?

Why not take advantage of the situation and simply return your items and get your money back.

Many stores even have a 90 day no questions asked return policy.  You simply take back your item and the receipt and you get cash or credit back.

I have done this at both Wal-Mart and Target several time with no hassle at all other than waiting in line.

Most stores have a 30 day minimum return policy as a standard issue however not all of the stores have this minimum time period.

In any case, knowing that you have this option in your arsenal to make money quick is nice to have.

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Online Surveys

18 Jun

Survey sites have a bad reputation due to the many that exist in one form or another as a scam.

The bad surveys sites will pay you in points, prizes, or not at all.  Why invest your time taking surveys when you are not getting paid in cash?

There are a good number of survey sites that offer cash as compensation.  So how can you seperate the legitamite from the scammers?

Follow my lead since I have experience with all of the following survey sites and have been paid many times by each.

1. Survey Savvy – One of the best survey sites that exists since they have no minimum pay outs, plenty of well paying surveys, and have an excellent referral program.

Their surveys range from a few dollars to more than $20 each.  The important thing is to take them as soon as you get the surveys since they have a limited number of spots open.

Once their quota is met the survey ends.  In addition to paying well their referral program is the best.

They not only pay you for all your first level referrals but when you referrals refer someone you get a portion of their earnings for life.

Along with this surveys sites I have made a free e-book on the other 9 I believe are the best.

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Plasma Donation

16 Jun

Many people donate their plasma and get paid for it.  You can donate up to 7 times a month.

Not only do you get free donuts and coffee but you will get compensated as well.

The compensation varies based on how often and where you go to donate but the average is between $25-$45/donation.

If you have never donated plasma the process takes a few hours while you lay on a table while watching t.v.

The process involved an iv which takes your blood and takes out the plasma and another iv which pumps your blood back into your body minus the plasma.

If you don’t like needles or get a little light headed when giving blood plasma donation probably won’t work for you.

But if you do not mind the process you can make several $100/month, not a bad deal.

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Gold Panning

16 Jun

How would you like to find free gold? Most people don’t realize that gold can be found in almost any region.

Gold often erodes out of river banks and collects in areas where it gets stuck or lays at the bottom of the river.

So how do you find this gold?  Locate a small river, creek, or other body of water and locate the bends in the river.

These twists or bends in the water are where gold would collect if it has been displaced from the surrounding dirt since it settles there.

So all you really need to do is take a metal pan(round) and head down to these areas of the river and start panning.

You simply dip your pan into the gravel sentiment at these bends in the river and let the water seperate the light sentiment from the heavier sentiment.

If you see a dark colored heavy gravel your in the right spot for finding gold since gold is often found with this heavier sentiment.

Keep panning the sentiment until you start to see specks of gold.  Much of the gold you find will be the smaller gold flakes but it is possible to find large chunks.

Good Luck!

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Tax Liens

14 Jun

Real Estate investing has many ways to make money but few allow you to make the kind of money that buying tax liens can.

What exactly is a tax lien? When a homeowner does not pay their property taxes on time a lien is placed on their home.

Once the tax lien is placed on their home one of two things can happen:

1. The homeowner pays off the tax lien in full and the lien is taken off the title of the home or

2. The homeowner fails to pay off the tax lien and the lien is sold to an outside investor for whatever is owed.

#2 is where you step in as an investor to buy the tax lien and hopefully profit substantially from your investment.

The homeowner then has a limited period of time to pay off the tax lien to you the investor with interest or face losing their home.

So in a worst case scenario for you the investor you will get back all your investment with significant interest from the homeowner or

Hit a home run by getting the title to the house if the homeowner defaults on their tax lien.

So here are the numbers: Most tax liens can be bought for a few $1,000 or less and have the potential through the homeowner defaulting to get the entire home.

Many times a tax lien that you paid only a $1,000 or so for can get you a home worth many $100,000.

I know of no other type of real estate investment that can net any type of comparable return to tax liens.

This is exactly why you should get to understand the nuts and bolts of tax lien investing which you can get here.

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Writing for Cash

14 Jun

There are tons of writing websites that will pay you to write short 250-500 word articles, the problem is finding the best paying sites.

When I first started to try and make a full time income online I chose to write articles and learned quite a bit from that experience.

I found only a few writing sites were actually worth my time including:

1. Associated Content – This site pays up front(if approved) and monthly(by page views).  The up front payments tend to be from $2-$10/article and the monthly income is rather small.  I mostly focused on the up front payments.

2. Hubpages – Although you don’t get paid directly from the site they allow you to place affiliate links within your articles.  Amazon, Ebay, and Adsense are all allowed to have in your articles.  This is a great way to make passive income.

3. Constant-Content – This site is my favorite as once you write your articles you can name your own price to sell the to buyers and best of all you can sell the same article many times.  Prices that authors tend to set their article are from $15-$40.

This mix is a great way to make money since they all make money in different ways.

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