All Topics / Help Needed! / quick cash

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  • Profile photo of on the hunton the hunt
    Member
    @on-the-hunt
    Join Date: 2009
    Post Count: 2
    December 2, 2009 - 6:22 am

    hello to all,

    first time to the forum, I went to steves book launch here in WA I thought it was good to get some insite for next year.
    My question is has anyone heard of or doing "exchange of contracting" to generate quick cash? I read about it from a revised book from John burley "australia's money secrets of the rich" it sounds different?

     

    Profile photo of wealth4life.comwealth4life.com
    Member
    @wealth4life.com
    Join Date: 2003
    Post Count: 1,248
    December 2, 2009 - 10:57 pm

    It is a fancy word used by John to sound different at that time … fast cash is risky and you need lots of experience like JB had.

    For many of the sophisticated deals you honestly need to be very experienced or you will make a fool of yourself and get nowhere.

    Property options … simultaneous settlements … JV Partnerships … Trading … Put and Call … Calls etc are all fancy names that sound enticing and are when you know what you are doing.

    How much experience do you have … are you a licensed agent … are you credible … are you an expert negotiator … how old are you … etc

    Profile photo of on the hunton the hunt
    Member
    @on-the-hunt
    Join Date: 2009
    Post Count: 2
    December 3, 2009 - 7:03 am

    I thought it sounded to good to be true I can see how it could work but as you said there needs to be alot of experience in that field.

    thanks for replying.

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