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General / can we really make money at this????
« on: January 24, 2008, 01:24:19 AM »
Hi folks,
I'm new...although I've been watching and thinking about this for awhile. i've noticed that there appears to be some very experienced people out there and so I have a few questions I hope that you will answer. First, as my subject line says: Can people really make money at this? Is it just something you do as a hobby, or is it a "living"? If your goal is to make $, and I assume it is, do you hope for a quick turnover and big cash, or do you look for small but steady income potential? Do most of you sit on properties until the time is right to sell, or sell them as soon as you get them? I hope this isn't too much to ask...but I would really like to know. I love risk...seems to be in my blood...and making extra cash might be the only way I'll be sending my 3 kids to a decent post-sec. school....so this might be just the thing I'm looking for but I don't want to venture too far without a better understanding about how it's really done. Thanks in advance to anyone who answers.
I'm new...although I've been watching and thinking about this for awhile. i've noticed that there appears to be some very experienced people out there and so I have a few questions I hope that you will answer. First, as my subject line says: Can people really make money at this? Is it just something you do as a hobby, or is it a "living"? If your goal is to make $, and I assume it is, do you hope for a quick turnover and big cash, or do you look for small but steady income potential? Do most of you sit on properties until the time is right to sell, or sell them as soon as you get them? I hope this isn't too much to ask...but I would really like to know. I love risk...seems to be in my blood...and making extra cash might be the only way I'll be sending my 3 kids to a decent post-sec. school....so this might be just the thing I'm looking for but I don't want to venture too far without a better understanding about how it's really done. Thanks in advance to anyone who answers.