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Tuesday, 06 January 2009 |
By Joe Williams
 With the recent cave-in in the Real Estate market, entrepreneurs are turning to the low start-up cost and low overhead internet world.
A website can generate just as much income as real property with nearly no cost involved!
Let's say a person owns a rental property which has a mortgage of $750 on it, taxes amounting to $150 a month and maintenance averaging $100 a month, your overhead is a whopping $1000/mo per property.
Even if they rent the property for $1,200/mo., (good luck finding good tenants), they will still only net a profit of $200/month!
That's a lot of work, money and risk to make $2,400 a year!
And the part about having equity in the property making it worthwhile... not any more! Ask the millions of people who woke up one day this year and found out that every property that they owned were upside down in value.
Million dollar homes are now being sold for 42% of what they were purchased for, and internet entrepreneurs who are cash affluent are grabbing them up!
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Last Updated ( Tuesday, 06 January 2009 )
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Tuesday, 06 January 2009 |
By seo702pr
 2008 was not a total loss for everyone all around the board. Avon reps from coast to coast have reported that through all the financial illness our economy has battled though, sales for their small business have been in the black. For those of you that don't know, that is a good thing.
When the once powerful U.S. economy officially went into ressicion, many lost there stable employment in erie droves leaving them desperatly seeking other means of employment. While some found their way to the compnany in that depressing year, loyal sales reps never saw a real change in their earnings.
"It's really not that hard." says Steve Woolbright of Northwest Las Vegas. " My wife does the hard stuff. I just hit the pavement and hand out our catalogs." Steve and Erika Woolbright have their own Avon business in Las Vegas. After Steve retired, he dedicated most of his free time to helping his wife run their home based business.
The Woolbrights reported earnings of at least $80,000 and their team repoting total sales of at least $1.2 million. |
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Last Updated ( Tuesday, 06 January 2009 )
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