Title:Make Money Fast With No Investment-how AndrewMade $100,000 In 6 MonthsWord Count:860Summary:Andrew Newberry is a distant family friend thatknew about my business acumen. He knew how I hadbeen in his position only 24 months previously andhad heard about the new life I was leading withthe wealth I had generated. I could hear theearnest desperation in his voice, when he asked
me \"how'd you do it Jack\"? His question was openand sincere. In my eye's he was at a point wherethere was only one direction for his life togo...up.Andrew needed to make money fast. H...Keywords:Make Money Fast With No InvestmentArticle Body:Andrew Newberry is a distant family friend thatknew about my business acumen. He knew how I hadbeen in his position only 24 months previously andhad heard about the new life I was leading withthe wealth I had generated. I could hear theearnest desperation in his voice, when he askedme \"how'd you do it Jack\"? His question was openand sincere. In my eye's he was at a point wherethere was only one direction for his life to
go...up.Andrew needed to make money fast. His family werein danger of losing the roof over their heads andalthough Andrew worked a fulltime job, there weredifficulties that created this current crisis.He couldn't understand how I had done so muchconsidering my humble beginings, while he hadworked at his current job for over 10 years andwas saddled with the difficulties he wascurrently experiencing. He told me he had no moneyto invest or anything like that, but could Iadvise 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 little or no investment\"My mind ignored his emotional pain and focused onthe reality. That is the reality of what he neededanswering.
Talking about Real Estate investment or anythingthat needed a capital injection was futile forAndrew, he needed to hear something different.This is what I told him to do, step by step. I toldhim that if he followed these two steps, he wouldhave $100,000 within 12 months. He did it in 6!Step one, get a little money. Not much needed, afew hundred dollars would do, but he has to findsomething as a seed capital account. I gave himthe URL of a broker that does paid surveys online.These brokers represent companies that payordinary people for their opinions. Theytypically pay between $50-$300 per hour. He gothis wife busy doing these through the day andevenings, they had $1000 within 2 weeks.Step two, Go Shopping I explained to Andrew themechanism 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 otherwords, I told him to find 19 investment-objectsthat were for sale that he could buy, that had atleast 30% or more spare intrinsic value.Intrinsic value is everywhere. Whether you arebuying New York sky scrapers of marble pool tablesor Bertram boats, every market has a percentageof sellers offering their goods at well belowmarket value.Andrew started with old cars because he was amechanic and now he had a game plan he was goingto compound his money with his existing skill set.He traded up and up until he had $12,000 in sixweeks.Get your calculator out and see how he did it, howhe evolved his money without a hitch. Start with1000 then multiply by \"1.3\" which is the same as30% Don't press equals, just hit \"1.3\" andmultiply symbol again. Do that 19 times.
When Andrew sold his last auto deal, he was readyto get involved in Real Estate. With $12,000 itwasn't much but it was enough to start applyingthe same principles with Real Estate. This iswhere his compounding really escalated.It escalated, because now he was usingleverage....borrowed money. He called me on theday he was ready to start compounding with RealEstate with another problem. As I advised him \"getinto Real Estate Andrew as quickly as you can,around the $10,000 mark its time to get into thatgame\"He had a problem. The houses in his area were dear,he couldnt see how having $12,000 was enough toget involved.I advised him that he should forget about housesuntil he had at least $40,000 He should focus onraw land. Raw blocks are cheap, and easily
re-zoned into a higher purpose. With just a smallinvestment at the local town planning departmenthe could re-zone a residential into a commercialor the other way around where appropriate. Itscalled a \"soft\" or \"paper\" rennovation. Nopainting, no work, just a few simple forms and afee to pay.Creating a new use is just one way to add valueto raw land, there are many others. Andrewresearched and discovered them all. He stuck withland after all was said and done. He discoveredbuying a large block and subdividing it was veryprofitable. The second deal he did, he bought ablock of over an acre, surrounded by establishedhomes for $300,000 (with a bank loan) It was acorner block and he split it into three handsomesized blocks, tailored to the upper market. Thefirst two blocks paid out his loan and put profitsin his pocket, the last block he used ascollateral for another bank loan where he builthis own beautiful mansion on.
He sold it for a final profit of $354,000That was about 8 months after our little chat onthat cold evening.To your health and rapid success.
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