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Andrew Newberry is a distant
family friend that knew about my business
acumen, that is, make money with no
investment. He knew how I had been in his
position only 24 months previously and
had heard about the new life I was
leading with the wealth I had
generated.
I could hear the earnest
desperation in his voice, when he asked
me "how'd you do it Jack"? His question
was open and sincere. In my eye's he was
at a point where there was only one
direction for his life to go...up.
Andrew needed to make money with no
investment. His family were in danger of losing
the roof over their heads and although Andrew
worked a fulltime job, there were difficulties
that created this current crisis.
He couldn't understand how I had done so much
considering my humble beginings, while he had
worked at his current job for over 10 years and
was saddled with the difficulties he was
currently experiencing. He told me he had no
money to invest or anything like that, but
could I advise him on what if anything was
possible.
This was my response to him.
You see, what he was asking me
specifically was, "how do I make money
with no investment"? My mind ignored his
emotional pain and focused on the reality. That
is the reality of what he needed answering.
Talking about Real Estate investment or
anything that needed a capital injection was
futile for Andrew. He needed to hear something
different. This is what I told him to do, step
by step, to make money with no investment.
I told him that if he followed these two steps,
he would have $100,000 within 12 months. He did
it in 6!
Step one to make money with no investment
- get a little money. Not much needed, a few
hundred dollars would do, but he has to find
something as a seed capital account. I gave him
the URL of a broker that does paid surveys
online. These brokers represent companies that
pay ordinary people for their opinions. They
typically pay between $50-$300 per hour. He got
his wife busy doing these through the day and
evenings, they had $1000 within 2 weeks.
Step twomake money with no investment - Go
Shopping! I explained to Andrew the mechanism
behind my success. Compounding, intrinsic
value, leverage, rapid capital gains,
pyramiding profits. I then asked him to
compound that thousand dollars by 30% 19 times.
In other words, I told him to find 19
investment-objects that were for sale that he
could buy, that had at least 30% or more spare
intrinsic value.
Intrinsic value is everywhere. Whether you are
buying New York sky scrapers of marble pool
tables or Bertram boats, every market has a
percentage of sellers offering their goods at
well below market value.
Andrew started to make money with no
investment with old cars because he was a
mechanic and now he had a game plan he was
going to compound his money with his existing
skill set. He traded up and up until he had
$12,000 in six weeks.
Get your calculator out and see how he did it,
how he evolved his money without a hitch. Start
with 1000 then multiply by "1.3" which is the
same as 30% Don't press equals, just hit "1.3"
and multiply symbol again. Do that 19
times.
When Andrew sold his last auto deal, he was
ready to get involved in Real Estate to make
money with no investment. With $12,000 it
wasn't much but it was enough to start applying
the same principles with Real Estate. This is
where his compounding really escalated.
It escalated, because now he was using
leverage....borrowed money. He called me on the
day he was ready to start compounding with Real
Estate with another problem. As I advised him
"get into Real Estate Andrew as quickly as you
can, around the $10,000 mark its time to get
into that game"
He had a problem. The houses in his area were
dear, he couldn't see how having $12,000 was
enough to get involved to make money
with no investment.
I advised him that he should forget about
houses until he had at least $40,000 He should
focus on raw land. Raw blocks are cheap, and
easily re-zoned into a higher
purpose.
With just a small investment at
the local town planning department he
could re-zone a residential into a
commercial or the other way around where
appropriate. Its called a "soft" or
"paper" rennovation. No painting, no
work, just a few simple forms and a fee
to pay.
Creating a new use is just one way to add value
to raw land, there are many others. Andrew
researched and discovered them all. He stuck
with land after all was said and done. He
discovered buying a large block and subdividing
it was very profitable.
The second deal he did, he
bought a block of over an acre,
surrounded by established homes for
$300,000 (with a bank loan). It was a
corner block and he split it into three
handsome sized blocks, tailored to the
upper market. The first two blocks paid
out his loan and put profits in his
pocket, the last block he used as
collateral for another bank loan where he
built his own beautiful mansion on.
He sold it for a final profit of $354,000
That was about 8 months after our little chat
on that cold evening about how to make money
with no investment.
To your health and rapid success.
About the author:
Jack Reynolds enjoys offering valuable insights
about wealth creation. If you want to discover
how to build your own money machine and you
dont have much money to start with then follow
this link http://www.opportunity-investor.com
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