Does anyone here flip houses?

   / Does anyone here flip houses? #81  
not sure what you mean by "slipped in" but when your wife is in literally in bed for 4 months and you have seen all the specialists and ologists there are including all of the tests and tens of thousands of dollars spent and they give you no hope and no clue as to her blackouts and unconsciousness, you start looking elsewhere. I didn't work for 4 months taking car of her as she couldn't be left alone. I looked into nutrition and spent alot of money on that as well before I found Melaleuca. We converted our house to non toxic products got her on the supplements and that was one year and one month ago. She has had no problems since then. We were customers for two months before we started sharing the good news. So when I say it literally saved a loved ones life I mean it. Those 4 months were **** not a marketing ploy.
 
   / Does anyone here flip houses? #82  
not sure what you mean by "slipped in" but when your wife is in literally in bed for 4 months and you have seen all the specialists and ologists there are including all of the tests and tens of thousands of dollars spent and they give you no hope and no clue as to her blackouts and unconsciousness, you start looking elsewhere. I didn't work for 4 months taking car of her as she couldn't be left alone. I looked into nutrition and spent alot of money on that as well before I found Melaleuca. We converted our house to non toxic products got her on the supplements and that was one year and one month ago. She has had no problems since then. We were customers for two months before we started sharing the good news. So when I say it literally saved a loved ones life I mean it. Those 4 months were **** not a marketing ploy.
 
   / Does anyone here flip houses? #83  
Could you tell from my post that I'm a little cynical and callous when it comes to MLM, Pyramid Schemes, Direct Marketing, etc. As you stated above, there are so many scams out there that most all of them, legitimate or not, are written off as simply some crook looking to take my money.

I truly am happy that your wife's health has improved. And, if you believe that a particular brand of products is responsible for her improvement, more power to you. Doesn't mean that I'm going to put much faith in the products. But, to each his own.

I have nothing bad to say about Melaleuca or their products (other than some of them stink, in my humble opinion).

Later,

BR
 
   / Does anyone here flip houses? #84  
Could you tell from my post that I'm a little cynical and callous when it comes to MLM, Pyramid Schemes, Direct Marketing, etc. As you stated above, there are so many scams out there that most all of them, legitimate or not, are written off as simply some crook looking to take my money.

I truly am happy that your wife's health has improved. And, if you believe that a particular brand of products is responsible for her improvement, more power to you. Doesn't mean that I'm going to put much faith in the products. But, to each his own.

I have nothing bad to say about Melaleuca or their products (other than some of them stink, in my humble opinion).

Later,

BR
 
   / Does anyone here flip houses? #85  
Ray,

This might be an alternative idea for you to consider.....We've rehabed and built four homes in the last seven years of marriage. We lived in them while we did the work, which is not particularly fun, but efficient for dollars sake. When the work is complete and after two years we sell and use the tax free capital gains to do it again. We've sold all our homes ourselves, so no RE fees. We always buy a place that we like, so if the market tanks we can just stay there until it comes back. We've paid no captial gains on the properties. Our next place to be built spring '07 will be almost completely paid for with the money we've made. This path isn't for everybody, but it's worked well for us over the years and we'll likely continue until they change the tax laws or we get completely sick to death of living with drywall dust. Taxes and RE fees will kill you in the end. Just don't buy anything that you wouldn't want to live in for a few years and be patient looking for the right home. One good benefit is that you don't build up too much junk since you're moving every two years /forums/images/graemlins/smile.gif Who knows the the markets will bear down the road, but if you always buy a place you can live with and enjoy then you can't go too wrong.

The two years also gives you some time to plan and figure out how the best way to rehad is. I feel it makes the most sense to live with the beast for a bit before any major financial plans move foward. The longer time table will also give you the ability to drive your truck.....two years goes by pretty quick when you have to completely gut a kitchen and relandscape a property.

In my mind the primary benefit is the fact that you are living in the investment. May people would not see this as a "benefit", but if you can stomach the main constuction phase, this allows for greatly reduced risk. I don't like a lot of risk and I feel like I've earned the money made.
 
   / Does anyone here flip houses? #86  
Ray,

This might be an alternative idea for you to consider.....We've rehabed and built four homes in the last seven years of marriage. We lived in them while we did the work, which is not particularly fun, but efficient for dollars sake. When the work is complete and after two years we sell and use the tax free capital gains to do it again. We've sold all our homes ourselves, so no RE fees. We always buy a place that we like, so if the market tanks we can just stay there until it comes back. We've paid no captial gains on the properties. Our next place to be built spring '07 will be almost completely paid for with the money we've made. This path isn't for everybody, but it's worked well for us over the years and we'll likely continue until they change the tax laws or we get completely sick to death of living with drywall dust. Taxes and RE fees will kill you in the end. Just don't buy anything that you wouldn't want to live in for a few years and be patient looking for the right home. One good benefit is that you don't build up too much junk since you're moving every two years /forums/images/graemlins/smile.gif Who knows the the markets will bear down the road, but if you always buy a place you can live with and enjoy then you can't go too wrong.

The two years also gives you some time to plan and figure out how the best way to rehad is. I feel it makes the most sense to live with the beast for a bit before any major financial plans move foward. The longer time table will also give you the ability to drive your truck.....two years goes by pretty quick when you have to completely gut a kitchen and relandscape a property.

In my mind the primary benefit is the fact that you are living in the investment. May people would not see this as a "benefit", but if you can stomach the main constuction phase, this allows for greatly reduced risk. I don't like a lot of risk and I feel like I've earned the money made.
 
   / Does anyone here flip houses?
  • Thread Starter
#89  
</font><font color="blue" class="small">( Ray,

This might be an alternative idea for you to consider.....We've rehabed and built four homes in the last seven years of marriage. We lived in them while we did the work, which is not particularly fun, but efficient for dollars sake. When the work is complete and after two years we sell and use the tax free capital gains to do it again. We've sold all our homes ourselves, so no RE fees. We always buy a place that we like, so if the market tanks we can just stay there until it comes back. We've paid no captial gains on the properties. Our next place to be built spring '07 will be almost completely paid for with the money we've made. This path isn't for everybody, but it's worked well for us over the years and we'll likely continue until they change the tax laws or we get completely sick to death of living with drywall dust. Taxes and RE fees will kill you in the end. Just don't buy anything that you wouldn't want to live in for a few years and be patient looking for the right home. One good benefit is that you don't build up too much junk since you're moving every two years /forums/images/graemlins/smile.gif Who knows the the markets will bear down the road, but if you always buy a place you can live with and enjoy then you can't go too wrong.

The two years also gives you some time to plan and figure out how the best way to rehad is. I feel it makes the most sense to live with the beast for a bit before any major financial plans move foward. The longer time table will also give you the ability to drive your truck.....two years goes by pretty quick when you have to completely gut a kitchen and relandscape a property.

In my mind the primary benefit is the fact that you are living in the investment. May people would not see this as a "benefit", but if you can stomach the main constuction phase, this allows for greatly reduced risk. I don't like a lot of risk and I feel like I've earned the money made. )</font>

What youve described sounds solid. It would take most of the guess work out of it. The problem with it is living in the house while its being redone. My wife and I built the house we live in now. Much of it we finished after we moved in, some of its not done yet. Thats an adventure I dont want to go on again. Packing up and moving is not fun either. Other than those issues, you dont have a bad plan.
 
   / Does anyone here flip houses?
  • Thread Starter
#90  
</font><font color="blue" class="small">( Ray,

This might be an alternative idea for you to consider.....We've rehabed and built four homes in the last seven years of marriage. We lived in them while we did the work, which is not particularly fun, but efficient for dollars sake. When the work is complete and after two years we sell and use the tax free capital gains to do it again. We've sold all our homes ourselves, so no RE fees. We always buy a place that we like, so if the market tanks we can just stay there until it comes back. We've paid no captial gains on the properties. Our next place to be built spring '07 will be almost completely paid for with the money we've made. This path isn't for everybody, but it's worked well for us over the years and we'll likely continue until they change the tax laws or we get completely sick to death of living with drywall dust. Taxes and RE fees will kill you in the end. Just don't buy anything that you wouldn't want to live in for a few years and be patient looking for the right home. One good benefit is that you don't build up too much junk since you're moving every two years /forums/images/graemlins/smile.gif Who knows the the markets will bear down the road, but if you always buy a place you can live with and enjoy then you can't go too wrong.

The two years also gives you some time to plan and figure out how the best way to rehad is. I feel it makes the most sense to live with the beast for a bit before any major financial plans move foward. The longer time table will also give you the ability to drive your truck.....two years goes by pretty quick when you have to completely gut a kitchen and relandscape a property.

In my mind the primary benefit is the fact that you are living in the investment. May people would not see this as a "benefit", but if you can stomach the main constuction phase, this allows for greatly reduced risk. I don't like a lot of risk and I feel like I've earned the money made. )</font>

What youve described sounds solid. It would take most of the guess work out of it. The problem with it is living in the house while its being redone. My wife and I built the house we live in now. Much of it we finished after we moved in, some of its not done yet. Thats an adventure I dont want to go on again. Packing up and moving is not fun either. Other than those issues, you dont have a bad plan.
 

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