How would you flip $10K-$15K?

[Akata Man Bromo]

http://www.biggerpockets.com/hardmoneylenders Heres a directory of lenders. After doing research I would find some better ones in your area. Say you got a house for 50k worth 80. You put down 10-20%. They'll loan you money based of that 80k but only for like 70% so 56-57k. You take that extra 15k do improvements, flip for 80. After interest, title etc you come out with about 20k. of course with more money you get better houses and more profit. How you think all these flipper tv show people are eating.

Breh I looked into this and the interest rates are wild on those things man If that house isn't sold in a month or two yikes I don't think there is a way around it either

 

[TRFG]

Bitcoin breh!

 

[Warren Moon]

Breh I looked into this and the interest rates are wild on those things man If that house isn't sold in a month or two yikes I don't think there is a way around it either

Thats why I said reserach, best companies to find are ones that just received equity, they have lower rate due to not having a solid customer base and most of them only can do it in certain areas because they've been proven to work, so you get lower rates and an established investment grade area. Join a bunch of real estate investing groups online and they post stuff consistently. Linkedin is pretty good, I also installed google notifications to an email address. Also linking up with a good realtor is a must

 

[CakeEater]

greendot

enlighten me on this method breh for a friend

 

[TLR Is Mental Poison]

Mix it up

Some high yield corporate bonds

Some high dividend stocks

Maybe hold on to half. Or do a private loan. fukkin Feds got yields low as fukk

 

[Gains]

invest in your education

 

[L&HH]

enlighten me on this method breh for a friend

The one I've seen is nikkas lie and say they work for 7-11/cvs and they have an uncle who works for greendot. They say all you gotta do is put money on your card, tell them the card number and they can hack the system an add an extra 0 to whatever amount you have on the card. Obviously once you give them the card number they're just going to take your money out and not hit you back.

I don't know who would fall for this but apparently ppl do.

 

[Stealth]

Flip cars like ive been doing, just buy and sell more from auctions, make triple back usually. Can turn that into 30k-40k pretty quick. Reinvest that into my production company, with some equipment. Make my money back within a month from shoots and renting out. Keep stackin from there...

my friends dad did this for his main income and god damn these guys were balling. Had a gorgeous home in a great area, drove nice 80k+ cars

they sold like a car a week at least i think. They would buy them for like 20kish a piece and sell it for like 25-30k

what site you get your cars from? They got theirs from copart

Spoiler: flip

If you're contacting the manufacturer directly. They will always have a MOQ. Probably won't be spending less than 5,000. Depends on the product though.

Cards Against Humanity is a hot game right now.

550,000 monthly searches on google. With low competition

Here's an eBay seller that has sold 100 of them in the last 11 days.
http://offer.ebay.com/ws/eBayISAPI.dll?ViewBidsLogin&item=251554352567&rt=nc&_trksid=p2047675.l2564

You can get 100 decks from the chinaman for about 1100-1200 dollars including shipping [shipping is expensive as fukk on these things, if they weren't so damn expensive I probably would have done this by now, it's cutting into the margins by 50% damn near]. But that puts them at about 11 to 12 dollars per box. As you can see they're being sold for 27 per on that sellers eBay. You can sell them on eBay, Amazon if your lazy or you can get a little savvy with it. Start a cards against humanitties video [IG video, vine, etc] reactions site, you should rank pretty high on google and with 550,000 monthly searches you're going to have alot of viewers. Buy facebook, google, and youtube ads to promote the site. Then sell the decks through there.

I might have to put this in spoilers for the lurkers.

god damn breh your a natural born hustler :stunnasalute:

I think those Ray-Bans are fake breh



Breh, instead of going through all the contests and shyt, why not just hire a professional app developer for that 5000??

Coming up with a profitable app is not that easy. Alot of ppl such as yourself they have some great idea and it really isn't as great as you'd think...You also need to know where you're going to find your market and how to advertise it. That's much more important than the app itself.

Exactly man fukk apps. People don't understand how crazy that market is rn and how hard it is to get a app popping. Recently got a invite from a friend to come join his app developing team about some new app, it was sort of a social media app, i said no immediately. I see too many damn app advertisements on my IG feed and those never get big. The best apps never had any advertisement. Snapchat, instagram, etc no advertisement. All word of mouth

http://techcrunch.com/2014/07/21/the-majority-of-todays-app-businesses-are-not-sustainable/

 

[L&HH]

my friends dad did this for his main income and god damn these guys were balling. Had a gorgeous home in a great area, drove nice 80k+ cars

they sold like a car a week at least i think. They would buy them for like 20kish a piece and sell it for like 25-30k

what site you get your cars from? They got theirs from copart


god damn breh your a natural born hustler :stunnasalute:
Exactly man fukk apps. People don't understand how crazy that market is rn and how hard it is to get a app popping. Recently got a invite from a friend to come join his app developing team about some new app, it was sort of a social media app, i said no immediately. I see too many damn app advertisements on my IG feed and those never get big. The best apps never had any advertisement. Snapchat, instagram, etc no advertisement. All word of mouth

http://techcrunch.com/2014/07/21/the-majority-of-todays-app-businesses-are-not-sustainable/

Exactly, but the word of mouth is very much so intentional. They had a plan. Kind of like industry plants in the music industry lol.

For example Tinder. The way tinder got big is they started local. There's no point in having a dating app with 5000 users all spread out in the US. Therefore they just had ppl locally in the LA area get on. They would host exclusive parties at USC, where you had to download the app in order to get in. Groupon did something similar.

The first couple months of any app/ website you're really going to have to "fake it until you make it"

• How reddit and Quora got past the chicken and egg problem of having no content / users

Quora and reddit solved the "empty site = no users / no users = empty site" problem in similar ways. The founders of both services spent the first months filling them with content themselves.

On Quora, the founders simply answered and asked lots of questions under their own profiles. But the reddit approach was a bit more interesting. Instead of just using their own accounts, the founders would create fake users to make it look like there were multiple people submitting links. Their 'submit link' form featured a third slot: "Username". According to Steve Huffman, reddit cofounder, it took several months until they didn’t have to submit content themselves to fill up the front page.

They also focused on keeping everybody in the same place in the beginning. reddit had no subreddits, and Quora was mostly focused on technology. Instead of having users spread out, everyone was in the same place- making the community feel bigger than it was.

Quora and reddit write-up

• Foursquare

Foursquare took the old concept of local apps and added several interesting features that really attracted attention, like the badges. Becoming the "mayor", or the person who checks in the most at a certain place, quickly became an addiction for people.

They also gave merchants the opportunity to interact with their customers a lot better than most apps. After the business claimed their Foursquare page, they could interact with the people who were checking in at their establishment- whether they just wanted to chat with their most active customers, or actually wanted to reward people who check in.

And lastly, a huge part of Foursquare's growth was due to their city by city strategy. Every time they expanded to a new city, they had a huge amount of new users signing up due to the word of mouth effect ("have you heard that Foursquare just came to our city?") and local media covering the app.

Foursquare write-up

• Groupon started with a local MVP

I really like the story behind Groupon because it is a great example of the things we repeat on this subreddit so much. Start local, and make a minimal viable product.

Groupon started as local as they could get. They went around the office building that they were renting a space in, asking people to sign up. Their first campaign? Half-priced pizzas at the restaurant on the first floor. The first 500 signups came from here.

After that, they stuck to focusing on local products and services. Because big companies such as Amazon or Wal-Mart were able to negotiate such low prices, not even a big group-buying website could compete with them when it came to items such as televisions and phones. So instead, Groupon focused on unique products from local businesses. A lot of these smaller establishments had never even tried marketing, so Groupon's offer was enticing. They were able to negotiate much better prices.

As far as the MVP goes, Andrew Mason didn't want to waste time developing a full platform around the Groupon idea. Instead of trying to build a big team like he had with his first business venture, he got a few people together and set up a WordPress blog that the team would post offers on. Coupons were individually emailed, and no one had a clear idea of what their role or title in the company really was. They spent their first months focusing on seeing how many users they could get as quickly as possible in order to validate the idea, and then started looking into the business side of the company once it was clear that they were onto something big.

And lastly, Groupon focused on offers that were inherently social early on. They had deals for things like cafes, restaurants or movies. These are all things that you invite other people to, so it naturally lead to people sharing the website.

Groupon write-up

• Tinder

Tinder had two things going for it. It started local, and it was dead simple.

The app did a great job at taking the tired concept of dating online and re-doing it completetly. Instead of directories of people and search, you simply have a person's image appear, and you swipe left or right. It’s basically the same feature that made HotOrNot and Facemash fun, brought to mobile. The double opt-in feature helped with the problem that lots of users have on traditional dating websites: if you are an attractive female, you're swamped with messages. If you're a guy who isn't having a lot of luck on the website, most of your messages go unanswered. Because you aren't able to message somebody on Tinder without them also liking you, both these problems were solved to a large extent.

And more interestingly, Tinder also started locally. Having 50 users in a small space is a lot better for this kind of app than having 5000 spread out users. Here's my favorite part: they threw exclusive parties at USC. To enter, you had to install Tinder on your phone. You can just imagine the amount of word-of-mouth they got out of that.

Tinder write-up

• Airbnb used another platform [Craigslist] to get early users

I also found Airbnb's strategy interesting. Unlike with reddit and Quora, putting up fake offers wasn't going to work. So instead, they did something a bit different. They used a marketplace that already had a lot of vacation homes to grow: Craigslist. A lot of the people who posted their homes on Craigslist's vacation homes section received an odd email from a "big fan of Airbnb."

I am emailing you because you have one of the nicest listings in Craigslist in the Tahoe area, and I want to recommend you feature it to one of the largest vacation rental marketplaces on the web, Airbnb. The site already has 3,000,000 page views a month! Check it out here: http://www.airbnb.com

Each one came accompanied by a semi-anonymous Gmail account, such as Jill D. The thing is, these messages worked. Lots of people started posting their homes on Airbnb as well as Craigslist, which solved the big problem of having users check for places only to find an empty website. The supply side is a lot harder to fill up on a website like Airbnb.

And as a side note, one thing that also helped early on was going around to user's homes and helping them with their photos. This is a great example of doing things that don't scale early on. They went from $200 a week to $400 after updating their website with the new photos for each offering. It might not seem that big considering the money Airbnb makes today, but I know that a lot of /r/Entrepreneur users would love that kind of increase in profit.

Airbnb write-up

Those are the ones I have done so far. I enjoyed digging around to see exactly how they were able to get such large numbers of users in such little amounts of time. In the original thread, I mentioned that I was thinking about posting these on some website related to startup stories. I might do that someday, if I get enough content written and people like these. But for now, I just posted them on a personal site so that people can read them. Good enough for me.

 

[Malikthegod]

Real Estate my man.

 

[Couth]

Fence. I know you said legally but fencing isnt that illegal and nobody will know if you dont get caught. Works best if you live in a big city. Find some teens/street cats. Tell them you're buying electronics, cameras, gold jewelry, phones, etc and you'll buy them on spot for a good price and give them cash. They'll start bringing you all kinds of shyt in no time. Find out how much the item is selling for on the internet, give them half the price, boom you doubled your cash.

Wholesaling. Buy in bulk and sell single items. You can do this with anything. But if you do it legally your profit margin is gonna be smaller. Try to hop on sales though. Go to like the polo factory outlet and buy a fukkload of polos then list them on ebay. Same for the nike and true religion outlet. Just look for crazy deals and snatch them up so you can resell.

You aint gon make no money in the stock market starting with 10k.

And honestly if you have a car slanging D is your best bet. There is SOOOOO much money in that shyt. As long as you don't use drugs yourself? You'll be taking home at least a couple hundred in profits a day. And since you have 10-15k that means your profit margin will be HUGE. You could even sell it for stupid deals, sell out in like a week or less, and still have like 10k in profits. All it takes is a little bit of street smarts and a car. Don't try to deal with gangsters if you aren't a gangster. Plenty of square users.

 

[Couth]

Also forgot about flipping cars. Thats a good one if you actually know shyt about cars and can find good deals.

Oh and a trash hauling business isn't bad either. You can invest like 2k into an old pickup truck. Post ads on craigslist saying you'll haul trash for 20 dollars + the price to dump or whatever. Go pick up the trash, get paid, leave the trash in an empty parking lot, nothing bu t profits for you.

 

[L&HH]

Fence. I know you said legally but fencing isnt that illegal and nobody will know if you dont get caught. Works best if you live in a big city. Find some teens/street cats. Tell them you're buying electronics, cameras, gold jewelry, phones, etc and you'll buy them on spot for a good price and give them cash. They'll start bringing you all kinds of shyt in no time. Find out how much the item is selling for on the internet, give them half the price, boom you doubled your cash.

Wholesaling. Buy in bulk and sell single items. You can do this with anything. But if you do it legally your profit margin is gonna be smaller. Try to hop on sales though. Go to like the polo factory outlet and buy a fukkload of polos then list them on ebay. Same for the nike and true religion outlet. Just look for crazy deals and snatch them up so you can resell.

You aint gon make no money in the stock market starting with 10k.

And honestly if you have a car slanging D is your best bet. There is SOOOOO much money in that shyt. As long as you don't use drugs yourself? You'll be taking home at least a couple hundred in profits a day. And since you have 10-15k that means your profit margin will be HUGE. You could even sell it for stupid deals, sell out in like a week or less, and still have like 10k in profits. All it takes is a little bit of street smarts and a car. Don't try to deal with gangsters if you aren't a gangster. Plenty of square users.

you can't be serious.

 

[jilla82]

Honestly?
Short term...Christmas is coming...I would buy toys.
You would have to learn a little bit...but you would be shocked to see what certain toys go for during Christmas season.

I as was picking up shyt for $50 and selling it for $200. I probably made 20K last December.


There is a ton of ways to make money.
Study up on internet businesses.
It wouldnt be a quick buck...but you could really grow it to a career if you like.

The car idea is good too.

 

[jilla82]

Fence. I know you said legally but fencing isnt that illegal and nobody will know if you dont get caught. Works best if you live in a big city. Find some teens/street cats. Tell them you're buying electronics, cameras, gold jewelry, phones, etc and you'll buy them on spot for a good price and give them cash. They'll start bringing you all kinds of shyt in no time. Find out how much the item is selling for on the internet, give them half the price, boom you doubled your cash.

Wholesaling. Buy in bulk and sell single items. You can do this with anything. But if you do it legally your profit margin is gonna be smaller. Try to hop on sales though. Go to like the polo factory outlet and buy a fukkload of polos then list them on ebay. Same for the nike and true religion outlet. Just look for crazy deals and snatch them up so you can resell.

You aint gon make no money in the stock market starting with 10k.

And honestly if you have a car slanging D is your best bet. There is SOOOOO much money in that shyt. As long as you don't use drugs yourself? You'll be taking home at least a couple hundred in profits a day. And since you have 10-15k that means your profit margin will be HUGE. You could even sell it for stupid deals, sell out in like a week or less, and still have like 10k in profits. All it takes is a little bit of street smarts and a car. Don't try to deal with gangsters if you aren't a gangster. Plenty of square users.

breh what do you do for a living?
The shyt you listed is how I think in terms of quick cash...its kind of odd.

you can't be serious.

I bet he's dead serious...all of that shyt going on all over every major city.