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This forum is for discussing real estate investments, real estate investing, creative real estate techniques, and all other real estate investing related subjects. Your Hosts: Jim Ingersoll and Marko Rubel

Jim Ingersoll is a successful author, entrepreneur, real estate coach, and active real estate investor who has bought and sold hundreds of houses. Jim’s passion is investing in real estate without bank financing, putting together creative real estate transactions, speaking, and coaching others. He is the author of:

  • Investing Now: An Insiders Guide to Flipping Houses For Income Today

  • Cash Flow Now: How To Create Multiple Streams of Real Estate Income

    • Jim is also HEAD COACH at our coaching site:

    Marko Rubel is a leading authority on creative real estate investing, specializing in pre-foreclosures. He is known for creating automated systems that enable investors to skyrocket their profitability quickly.

    He is an active, full-time investor who has bought and sold more than 300 properties, earning profits exceeding $1,000,000 in a single year, while working only a few hours per deal. He is the is the author of several excellent real estate investing courses:

    Topics include Foreclosures. Subject To, Short Sales, and Lease Options.


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      #1  
    Old 10-06-2004, 07:14 PM
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    Default Got $15,000 to invest, what should I invest in? - Posted by Kurt Smith
    Posted by Kurt Smith on October 06, 2004 at 19:14:45:

    Need to turn $15k into $30k. $30k to $60k. $60k to $120k. Get my drift?

    I need to do this in the shortest amount of time available. Any suggestions?


    thanks!
      #2  
    Old 10-06-2004, 09:12 PM
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    Default Re: Got $15,000 to invest, - Posted by Todd-ID
    Posted by Todd-ID on October 06, 2004 at 21:12:55:

    I would invest in educational materials and advertising. Figure out what areas of REI interest you the most by reading the articles here and buy the courses on that subject. Learn how not to use any money to buy . You will find once you have the education, you won't need the $ to buy. Keep it for reserves, that you will need. Good luck.

    Todd
      #3  
    Old 10-06-2004, 09:58 PM
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    Default Re: Got $15,000 to invest, - Posted by arlanj
    Posted by arlanj on October 06, 2004 at 21:58:55:

    Buy a rehabb house for 15,000. Then get a equity loan on the free and clear property. Buy another house, get another loan on the next property. Keep investing and rehabbing till you have houses to rent, sell, profit.

    I started that way and in less than 1 year I have 9 homes in various stages of rentals and rehab for sale. 5 rented. 3 getting ready for sale. I close on the ninth in a few weeks. It will be a rental. I am also taking equity loans on the last 2 houses to buy 1 additional home and have cash for the rehab work.
      #4  
    Old 10-07-2004, 11:07 AM
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    Default Re: Got $15,000 to invest, - Posted by John-Fl
    Posted by John-Fl on October 07, 2004 at 11:07:29:

    oh please tell me where you are finding these 15K properties...
      #5  
    Old 10-07-2004, 11:18 AM
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    Default Re: Got $15,000 to invest, - Posted by arlanj
    Posted by arlanj on October 07, 2004 at 11:18:04:

    Fly over country.
      #6  
    Old 10-07-2004, 12:54 PM
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    Default Oil... NT - Posted by rm
    Posted by rm on October 07, 2004 at 12:54:54:

    nt
      #7  
    Old 10-07-2004, 07:43 PM
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    Default Re: Got $15,000 to invest, - Posted by John-Fl
    Posted by John-Fl on October 07, 2004 at 19:43:33:

    Speak in complete sentances please. What are you trying to say?
      #8  
    Old 10-07-2004, 09:01 PM
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    Default Re: Got $15,000 to invest, - Posted by arlanj
    Posted by arlanj on October 07, 2004 at 21:01:56:

    Sorry, I thought everyone knew what "Fly over Country" was. It is the country that people of the coast fly over getting to the other side. The Republican part of the country.

    I live out on the plains of Oklahoma.
      #9  
    Old 10-08-2004, 02:10 AM
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    Default Re: Got $15,000 to invest, what should I invest - Posted by dave
    Posted by dave on October 08, 2004 at 02:10:07:

    a fool and his money.....


    i would suggest learning something first about investing while you still have the money.
      #10  
    Old 10-12-2004, 01:04 PM
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    Default Re: Got $15,000 to invest... - Posted by Need 15K
    Posted by Need 15K on October 12, 2004 at 13:04:56:

    Give it to me, I happen to own 61 acres of 'PRIME' land on the border of Czech and Slovakia. It appraised for $21,000 last year, but I'll cut you a deal. It's right next to a toxic waste dump and a crack house. Call me on my cell.
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