Starting Real Estate

Anyone noticed the stock drop? Within a month it fell from the $8 range to the $1 range. Fell from the $10 range if you look over three months.

I have a feeling, even with all its problems, TARR is going to return, however it could just as easily keep falling. I thought it was done dropping at $4, but I was wrong. Everything went down.

There is definitely room to grow. It was just there, eight times over.

Would be great if it started making more money than it lost =D

Flip This House is looking for house flippers! Are you the next Real Estate star?

Here’s the scoop:

Flip This House, A&E’s #1 rated lifestyle show, has been to Charleston, Atlanta, San Antonio, and New Haven. Which city will be next?!!

813 Casting and Departure Films are conducting a nationwide search for the new cast of characters who will be featured on the upcoming season of Flip This House! Will it be your team?

We’re looking for confident, charismatic, motivated and opinionated people who “flip” residential properties for a living. We want real-estate adrenaline junkies who love the high risk, high reward nature of their jobs and who are devoted to doing a great job!
If you would like your team to be featured on the upcoming season of Flip This House, send an email to fth@813casting.com. Include your contact info, bios on you and your team, and some reasons why your team should be the next to be featured on Flip This House! Teams should consist of four or more people.

Web Site: www.aetv.com/flipthishouse/
Schedule an interview with Casting Director Steve Grant. Email fth@813casting.com

If you know someone who might be able to do it, they have a $500 finder’s fee as well (maybe I shouldn’t share that, but why not… just cc me in the email if you’re the aspiring house flipper)

Find the next cast of Flip This House and Find Yourself $500 richer!

Did you know that Than Merrill and the New Haven team were found through a referral? If you think you know someone who would be GREAT on Flip This House - tell us about them! If they get cast, you’ll get a $500 finder’s fee (and a cool story!) Email us at fth@813casting.com. Make sure to provide all necessary contact info.

A friend of mine keeps up his financial IQ by browsing For Sale by Owner listings and calculating if it’s a worthy investment. Last week he found a gem in Texas. The house had three tenants paying rent, enough to cover mortgage, utilities, insurance and taxes, and leave a couple hundred on the side.

He made some calls, got a realtor. We were both super excited. Even calculating for having tenants move, it just seemed like a no way to lose situation.

It was a good thing he got a realtor though, and got good pics of the house. Turns out there’s something wrong with the foundation. The house is leaning over, and will eventually fall over unless work is done.

While it still may make a little money, my friend decided to pass on this one considering quite a few miles states away (in California).

Casey Serin of iamfacingforeclosure.com appears with Robert Kiyosaki (richdad.com) and tells his story of flipping houses, leverage, and debt. This guy bought eight houses in eight months, with no money down. While it didn’t end well yet, I have to say, this guy’s got guts… and an very interesting blog to go with it. In the clip Kiyosaki mentions Buckminster Fuller. He’s the one who said, “Mistakes are only sins when not admitted.” His name is the newest addition to my reading list (books I want to read.. not people reading my writings). I have a feeling that Casey’s book, when published, is going to bring in more income, and passive income, than all those houses could have, even if flipped without any problems.

Here’s the link to the video: iamfacingforeclosure.com/116/mistakes-are-only-sins-when-not-admitted-robert-kiyosaki/