Re: National Grants Conferences (is it worth it?)

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Posted by Ronald * Starr(in No CA) on November 29, 2002 at 15:22:22:

In Reply to: National Grants Conferences (is it worth it?) posted by Gary on November 28, 2002 at 06:39:32:

Gary-----------

I have no information about this particular company. Have you done a google on the net about it? If not, why not?

However, this type of program is developed by sharpies to separate the rubes from their bucks, in my view. The target market is people with little money, little business experience and probably less business sense, who want to make a killing without much work in a hurry.

It is obvious that the government does have programs designed to increase business activity in this country, help with scholarships to colleges, and pay for research studies. In fact, I have gotten paid on many goverment grants in the past and had a fellowship which allowed me to attend grad school free.

But, this program you are going to will probably be all over the map in term of topics with a lot of raw-raw-raw go get it stuff. They will probably spend about 3 minutes on HUD houses, then on to the next fabuouslessly great way to get eash money with some sort of government connection.

The fact of the matter is that most HUD houses sell for pretty much market value. Same way with VA homes, although there are "no money down" VA deals, if you consider 1 1/2% payment no money down.

And, while you can buy stuff cheap at government auction and sales, and I have done so, there is a catch. You have to know what you are doing. You have to know what you are buying and avoid stuff you should not be buying. You have to have marketing skills to dispose of it or contacts to pass it on to. Do you regularly sell stuff at flea markets? Then the government auctions are for you. No? Then the auctions are typically not going to be much value to you. I did buy stuff at the dead letter post office auctions in San Fran some years back and I did sell stuff at the flea market. And made some profit--remember "surviror knives?" I used to sell them for $3. I still have a couple of pieces of Chinese rosewood furniture in my house from those auctions--one right next to my recliner. Nice, once I glued it back together again.

Did I ever tell you about my three stainless steel sterilizers (like dishwashers) and 2800 white nursing uniforms? Sure, I bought them real cheap from the federal government. Rented a truck to bring them home. Kept them here for a dozen years since the sterilizers had to have steam pipes hooked to them to operate and the nursing uniforms were of obsolete design. Got rid of them about three years ago: hauled them to the dump. If I had some sort of disposition plan or program, I might have made money with those purchases. I did not and did not. Do you have such a program in place?

I suggest that, if you have not already paid for this "workshop" that you save your money and not go. Start off at your local public library and you can learn every bit of what they are going to be teaching at the "workshop" this weekend, and a whole lot more. Try it today, if the library is open. Even if you don't have a big public pibrary available, you can get books from the big libraries through interdepartmental mail. Try the libraries and you can learn a tremendous amount for free.

If you are interested in real estate investing, you would be using your time to better purpose to be reading the postings here on CREONLINE.COM that sitting in the "workshop" getting an emotional buzz on from the hucksters. This is just JT(IN)'s two cents. No, wait. It is my advice. And worth a lot more than two cents, in my opinion, non-humble though it may be.

Good Investing************Ron Starr**************

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