Re: OT: Is there any CCIE who earns $8K per hour?

While that's a good rate of return, it works well until something goes
bad. Then having an "experienced" person around is a much better idea.
Also, we're talking about sustainable income.

So if you can buy/sell several homes over the course of a year (flip?)
then you can certainly make some good money. But at any point in time,
just how much of your own money do you have tied up in real estate?
Given the market as it is, banks aren't as likely to share the risk with
you on several properties.

Viable income is always better. You did well. If you have lots of
extra money, buy some homes. Rent them. Sustainable recurring income. ;)

*Scott Morris*, CCIE/x4/ (R&S/ISP-Dial/Security/Service Provider) #4713,

JNCIE-M #153, JNCIS-ER, CISSP, et al.

JNCI-M, JNCI-ER

evil_at_ine.com

Internetwork Expert, Inc.

http://www.InternetworkExpert.com

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Knowledge is power.

Power corrupts.

Study hard and be Eeeeviiiil......

Radioactive Frog wrote:
> I'm sorry for this very OT but just wanted to share this nice little story
> with the group!
>
> Last week I thought doing something crazy!
> It wasn't about any IT related rip/ospf, bgp crap but the challenge was
> selling my house without an agent !!!!!
>
> I spoke with a few friend about it and they advised me to use an agent as
> they are professional.
> Also slured that you are not qualified for doing this, you can oversell or
> undersell it.
>
> That really gave me a little bit more challenge, make think that why can't I
> do it.
>
> Got back home from work and did some googling. Within 3 hours of googling I
> worked it out how to sell a property and how to eveaulate it.
> I grabbed old data and made my comparison of what other properties were sold
> in the same area for. I analysised 4-6 sold properties and finalized the
> selling price.
>
> Since I did not have any experience, I wanted to double check the price with
> a few agents. I ask for a quote from a few agents and did free evaulation
> (cost me nothing). Their price and my calculated price was 99% same (I had
> $10K more than what the agents advised the property selling price).
>
> Now I was confient enough that my property is not "Underpriced".
>
> On Wednesday, I put the property on the internet (on 6-8 websites).
>
> I started cleaning up the house and put my all routers and junks in
> groundfloor store room. Tidy'd it up, removed all cables and books from
> bedroom.
>
> Next day, I got about 13 emails from people who wanted to see the place.
> I gave them appointment for saturday 10am-11am. out of 13 people 11 people
> were turned up.
>
> I was so shocked when two of them offered to buy the place on the advertised
> amount.
>
> I sold it without an agent!! Agent normally charge here 2% of property price
> + 1200 for advert. Actual advert cost me only $400.
> Agent could have sold it for 10K less and could have taken $8K as a
> commission.
>
> Total 18k benefit by just being curious and working on this challenge.
>
> Wow... $8k in less than 1 hour? - it was real quick money.
>
> My question to this list:
> Why are we so crazy about CCIE and not looking for such occasion of making
> some quick money?
>
> -------- after end of the day we all are after $$$$ -------
>
> I mean it's madness how agents are ripping off the people!...
>
> -frog
>
>
> Blogs and organic groups at http://www.ccie.net
>
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Received on Sat Jun 27 2009 - 08:31:49 ART