So, I saw a Lamborghini for the first time ever in my life about a month ago while I was on vacation in Montreal. And, being the biggest car fan who knows the least about cars, it was a very exciting time to say the least. What wasn't so exciting was that these magnificent vehicles can cost somewhere in the vicinity of $200,000. Needless to say, putting a few of dollars away here and there simply won't cut it if I'm ever going to own one. That's about the time I stumbled upon house flipping.
Have you ever seen TLC's, Flip That House? Well, the show, as well as plenty of others like it, is basically about people buying houses in order to renovate them and sell them for a profit. At first I would never consider such a venture for the simple fact that I'm not the greatest handyman out there. I mean, give me two boards, a hammer and a nail and I can finish the job and still have most of my thumb remaining, but that's about the extent of it. However, when I saw the profit these people were making, I decided then and there that I would have no trouble learning to put up a few walls, or replace entire bathrooms. Of course there were some people who didn't profit at all from these ventures, but obviously I wouldn't make the same mistakes as they did... the show pretty much lays out what to do. How hard can it be?
So, I've got everything figured out now. All I have to do is ten houses for an average profit of $60,000 each. After splitting with two other partners, I'll have enough for my lambo. No problem to it. I generally try not to be this naive, but these shows are able to exploit every ounce of naivety in my body. There are certainly hints of a "set it, and forget it" mentality throughout each episode. Come to think of it, the show does work in much the same way as an infomercial, just without the live audience who is left in disbelief with every stroke of a paint brush. Either way, I'm still convinced it can be done. I just wish they'd run though how to get a mortgage without having a job...
On another note, I've discovered the secret to doing well in school: Not skipping class. Who would have thought?
Thursday, September 20, 2007
Set it, and forget it
Posted by Ron P at 7:53 PM
Labels: House Flipping, University
2 comments:
Funny. As I read your post, I thought of writing an enormously witty comment regarding your probable purchases from late night infomercials... but then you brought it up in your post and ruined everything!
By the way, anyone out there looking for any Tony Little tapes, Tony Robbins cds or Ginsu knives? I have plenty!
Ronnie, I can't believe you have never seen a lamberghini...I knew your mudder and father deprived you... It took you goin' to Montreal to see one.
Post a Comment