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View Full Version : Re: Another good ASF seminar


Tiger Would
March 23rd 10, 05:18 PM
On Tue, 23 Mar 2010 10:23:49 -0400, Mark wrote:

> On Thu, 18 Mar 2010 15:05:19 -0700, Mark Hansen wrote:
>
>> Yes, well, one thing at a time. First: a job :)
>>
>> Best Regards,
>
> You don't need a job, just pay attention to me and the lessons you can
> learn.
>
> Let me tell *YOU* about capitalism. Creatively, geniusly accomplished
> capitalism.
>
> I'd say it's a tie between:
>
> a. convincing the chairman of the bank and head of the
> Georgia Republican party to fly to Washington, D.C.
> and within 3 days bring me a Small Business Admin.
> check for 350 thousand dollars, (a lot of money in 1984)
>
> or probably /my favorite deal/ an done that is taught in doctorate
> real estate courses nationwide:
>
> b. when I located the multiple, out-of-state, owners of adjoining
> properties and convinced them all to sell me their tracts of
> land for a value which I assigned, and then upon agreement,
> found a local buyer to pay me 5 times what they were going
> to sell it to me for.
>
> Now here's the best part, then, once I'd gotten full committment
> from all parties, I actually told the land owners that I was going
> to sell a fraction of the land as soon as it was mine, and I told
> the new buyer that I actually didn't own all the land yet and he
> said no problem...
>
> So then upon talking to each partie's attorneys, I was advised that
> we should just make it a JOIN CLOSING for everyone, and even
> better, to transfer a portion of the property directly from the
> original
> owners to my new buyer, thereby I avoided any tax liability. So,
> at closing time:
>
> 1. I didn't have an attorney, but the other 2 parties did, and *they*
> paid for the closing.
>
> 2. The new buyer submitted a fat check to the property owners
> at closing time, and received a fraction of the real estate, and
> the remainder of the land was transferred to me for free, along
> with another check.
>
> This lake property is now worth approximately 900 thousand dollars.
>
> I basically got it for free. Nada, nothing, no risk.
>
> Learn from me, it's free too.
> ---
> Mark
> Creative Genius and
> inventor/artist/pilot/guitarist/scientist/philosopher/
> scratch golfer/cat wrangler and observer of the mundane.
> And much much more including wealthy beyond anything you can imagine.
> My website http://www.hosanna1.com/ www.myspace.com/gayincarolina

Coo-koo Cuxkoo Fruitloops fruitcake....

*LOL*
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