Money Making Schemes

Nagesh answers:

Hi
I just went through that same research myself and I found a lot of junk and scams.
Thousands of pages are offering you to become rich in no time using internet.Or doing nothing, witch is even more appealing.
Let me tell you there is no such a thing.
You make money on internet by working hard, anyone who tells you anything else is a liar.
A lot of people will direct you towards places that ask for money first, to sell you systems suposed to make money for you.
There are ways to make reasonable money online but you shouldn´t pay to learn them.
First you have to learn how to use the proper tools to do business on internet. And there are a lot.
Myself, I got helped for free by a system that is quite complete and that you can start with, you find it at www.uniquesolutionsreviews.com/
affiliatebest.
It may or may not be for you, but you should have a look at it, it´s free anyway.
But , over all, remember that you will have to work, and to work smart, those people will tell you how.
And beware of false offers, that will just want your money up front.
Also keep asking around, go to forums, look at blogs, etc…
I hope this could help you a little.
And I wish you the best

Nagesh answers:

In Illinois and some other states, this practice is illegal under certain circumstances. If your plan is to buy homes directly from foreclosure victims and then resell them immediately for a profit, it would be illegal in certain areas. This is basically an equity skimming scam and if you are caught, you could get in serious trouble.

This has become a serious problem, because investors convince foreclosure victims to sell their home at a very low cost. They do this and claim to be helping these people avoid foreclosure. In reality, they are hurting these people and making it much harder for them to recover from foreclosure.

I believe if you are purchasing from the lender/REO/Trustee these laws would not apply.

But as another poster said, why would someone pay you so much for that home, when they could have just as easily purchased it for the lower price themselves.

Based on your knowledge of real estate and the current real estate market, I would highly recommend investing your “good settlement” elsewhere. There are plenty of “get rich quick” real estate/foreclosure schemes out there, but most are bogus and could end up costing you everything!

I have worked full time in the foreclosure industry for over 10 years now and I know more people who have lost money on foreclosure properties than have made money. Foreclosure investing is risky business and requires a lot of knowledge and patience.

If you want to try the market out and you can afford to lose $30,000, then give it a shot. You may get lucky and you may find a buyer, but don’t do it unless you can afford to have that money tied up for a long time or completely lost.

You should also plan on spending additional money on repairs or improvements. If the lender is selling the home for $30,000, then it’s probably because it needs repairs or it’s only worth $30,000. You might need to take care of the repairs/improvements yourself to sell it for $50,000.

Good luck!

Nagesh answers:

“A” Rating with the BBB

You will get lots of scammers answering here, please don’t fall prey. However, at the same time, please don’t listen to the people saying they are ALL SCAMS. They are not ALL scams, just MOST of them are!

I am a single mom of 2 girls who has tried over 15 opportunities in the course of 3 years so I have some great information for you on how to find a LEGIT way to work from home plus a list of top 10 work at home scams!

People are looking for work from home and the biggest problem is they don’t understand that there really are NO WORK AT HOME JOBS. You will not find hourly pay from home. You can look forever, you’ll never find it. The only way to earn an income from home is to find a legit home business.

Small home businesses have increased in the last 5 years by about 200%. People are really starting to realize that if you want something done right, you have to do it yourself. The best home businesses to start are those with a proven plan in place like Avon or Mary Kay however if you are like me, you are not interested in pushing products.

Legitimate small home businesses should have a small costs involved but be careful, all the scams will be charging too so know the business. Talk to a REAL person and ask questions. Less than $500 to start is reasonable and I would stay away from those wanting $1000-$5000. It doesn’t cost that much to start a home business so you shouldn’t pay it. If you are coming across places that say free then I would RUN don’t walk the other way! They never are in the end.

After trying 15 things, I now work about 20-25 hours per week for a well known and respected company with amazing credentials. This company actually helps keep Americans Safe and Secure by offering Medical and Dental plans as well as things like roadside assistance, credit repair and National Child ID in partnership with the FBI. We also help Americans stay safe and save money! Americans have saved over 1 BILLION dollars with these plans.

I started with this company 3 years ago and started making $500 a month within only a few months. That income has increased now to around $900 a week. No, it’s not $10,000 a day like those scams advertise but this isn’t a get rich quick scheme. If that’s what you are looking for, look elsewhere! The best part is they have 401(k), direct deposit, life insurance and a family benefits package from day one.

There are NO products, NO hard selling or pushing, NO Bugging Friends and Family, NO cold calling, NO home parties and NO telemarketing! That was VERY important to me. The neat thing is there are other people on your team that you work with so you are never alone even though you’re at home.

I was a bit apprehensive at first because a lot of companies are not legit but this company’s credentials FAR SURPASSED any other home business I had ever seen. SOME of their NATIONAL partners and credentials are National Association of Dental Plans, US Chamber of Commerce, Parent Magazine, US News and World Report and Dozens of Fortune 500 companies like Sears, Target and Walmart. Most importantly they are partnered with the FBI on one of their plans that helps American’s protect their children This company also has an “A” rating with the BETTER BUSINESS BUREAU!

My point is to tell you, YES! There actually are legit work at home options so press forward! You will find them eventually!

Definitely AVOID these top 10 work at home scams:

10. Craft Assembly
9. Medical Billing
8. Email/Rebate Processing
7. “A List of Companies Looking for Home workers!”
6. “Just pay for and take this class first” Then we’ll give or find you a job!
5. Envelope Stuffing
4. “Turn Your Computer Into a Money-Making Machine!”
3. Pyramid Schemes (this is NOT the same as Multi-Level Marketing MLM)
2. Chain Letters/Emails
1. Typing At Home / Data Entry (The biggest scam out there. 100% of them are scams!)

As for those of you who say: ”I want to work from home but I don’t want to have to pay for anything”. Well, that’s great! But it’s not realistic. Let’s be honest, there is no such thing as a free lunch. If it is a true honest legitimate home business, you need to expect to pay a little something. Mr. Walt Disney didn’t start the Disney empire “without paying for anything”. Neither did Mr. Sam Walton, owner of Wal-Mart.

Good luck in your search!

If you want to know more or chat with me click on my profile to the left!

Best Wishes to you!

Nagesh answers:

A home based “job” is not going to bring you a sufficient amount of income. You will only be paid minimum wage. Most companies don’t feel they need to pay anyone more then that because their gas cost is eliminated. What people don’t realize, what about your spouse? Do they still have to drive to work every day? Grocery shopping, outings, and things like that are still going to cost gas. If your married and you have a minimum waged job, pretty much your entire pay check will be going to your spouse’s gas tank with the gas prices these days. Then you still have the normal bills you need to pay each month as well, food, utilities, mortgage (rent for most people). Think about how much money you spend in that alone? If you need more income, I don’t see how a minimum wage home “job” is going to cut it then. If a minimum wage job is sufficient then email me and I can give you a referal to apply for a home job. I won’t guarantee that you will get the job, I have no control over that. The compeititon is really high for home based jobs. A home job is not going to have any fee’s attached to it. Another reason why they pay such a low amount to work at home.
Www.homecareerinfo.com/0235/mt www.apply.westathome.com/

If you really want to work from home, and want to make a sufficient amount of income, then I suggest you start your own home based business. There are many different kinds of home based businesses to get involved in. Child Daycare Centers, Catering, Scrap Booking, Telecommunications, Candle Making, Travel agents, Tax Preparations, Health etc. Most home based business cost under $500 to start. Depending on what you want to get involved in doing. Home based businesses have the same income opportunity as a tradition store front business like a shoe store, Subway etc. With a Home Based Business, you don’t have all the over head expenses as you do with traditional businesses. Just about everything in your home, becomes a tax write off.
When you first start a business, their is no money made at first. You have to build it up. No matter what business you get involved in. The more effort you put into it and how hard your willing to work it, the faster you start making a sufficient amount of income. If you calculate the amount of hours you put into a regular job or a home “job” and the little you get paid, you would be better off starting a simple home based business, but make a lot more money and have more advantages.
In home based businesses, depending on which one you get involved in, it usually takes about 2 to 4 weeks to start making an average income. (about the same time frame as your first payroll period) Then as you keep working your business, 4 to 6 weeks to increase that income, and 3 to 6 months to be self sufficient. That is only if you put the time and effort into it. If you just say “I started a business” and don’t put any time or the effort needed in your business, then you won’t make an income.
Most people have full time jobs and run their business on the side. When their business reaches the income level they desire, they put their normal jobs down and continue with their business growing. Other’s dive into it head first and tackle it and get it going faster. Either way, you have the same opportunity to make a sufficient amount of income.
I don’t know what you enjoy doing, hobbies, interests etc, so I’m not sure which home based business to refer you over to. I can let you know what my husband and I have been involved in for over six years. For some more ideas you are more then welcome to take a look at my 360 page blog on home based business opportunities. There are over a half a dozen different ones to look at.
The business we chose to get involved in was more practical to us and something people used on a daily bases and wouldn’t know what they would do without. We didn’t have to worry about when money runs tight for them that they’d run to the nearest store and buy the items on sale, or have to cut back expenses and drop what I was providing some sort of service to make ends meet for them. We also wanted to make sure that they were registered with the BBB, who was involved with the company. They have also have been featured in several magazines like USA Today, Success, Fortune etc. Inc 500 also rated us the 22nd fastest growing company in our first five years. We are world wide with headquarters in in Farmington Hills Michigan, Carolina, Canada, Europe, Australia. So it’s a pretty good sized organization to be involved in.
We partnered up with a 15 year old world wide company that offers services that people use every day and pay for anyway. Services like Local and Long distance telephone services, Internet, digital, video, VOIP, Satellite TV, and all the major cellular phone providers like Verizon, T-mobile, Sprint, AT&T, Nextell, Alltel etc. As well.
How many people do you know, or know of around the world that uses one or more of these services? That’s another reason why we chose this business because everyone uses one or more. It’s a service that people are not going to give up on because money is tight. People are going to pay their utility bills before they purchase the top brand of soap when they can easily run to the dollar store and buy a package of 4 for a dollar instead of a bar for $2 sort of thing. You know what I mean? We save people money on services that they are already using and paying for, and offer them services that they don’t have, but would like to. As an example, say they have a local and long distance telephone service, they want Internet, I offer them the Internet as well as save them money on their local and long distance telephone service, they accept and then every single month these people pay these bills that they are going to anyway, every month we make a percentage. This is a very profitable business to get involved in. A lot of money involved in this industry!

I also created a blog on my 360 page on home based business opportunities. Your more then welcome to take a look at them for more ideas. A lot of information regarding the truth behind people calling things a scam, what to really look for in researching a business you want to get involved in, and many other things.
As far as pyramid schemes, any legitament business should have the “option” to work on your own, or have help.
I laugh everytime I see the word Pyramid. If you think about it, the American business model is build the same way! Welcome to Corporate America! Get a peice of paper out. Take any corporation to use as an example. On the top of your paper, draw a circle. This circle represents the Owner or partnership owners, Then write two circles under that (President/ CEO) and the Vice President. Write a few more circles under that and you have corporate management positions. A few circles under that and you have store managers, a few circles under that and you have store department managers, a few circles under that and you have sales reps. People don’t realize that but unless it’s a one man show no hired help, no independent representatives, everyone works in a pyramid!

If you’d like more information, your more then welcome to email me at anytime. Kaiden4@aol.com
Tiffany

Nagesh answers:

I know there are a lot of scams out there so be careful! Don’t listen to the people though who say they are ALL scams. They are not actually ALL scams, just a lot of them are! LOL! In fact Yahoo Finance says that for every 1 legitimate home based opportunity there are 57 scams!

At any rate…I am actually a nurse and I love working outside the home but I know a lot of people want or need to work from home. About 2 years ago my sister finally found a legitimate company that’s been in business for 20 years. I don’t know too much about it but she’s been doing it for 2 years now, about 20 hours a week and she makes about $40,000 a year. I know it’s legit because they have dozens of fortune 500 partners, they are members of the US Chamber of Commerce and of course, I’ve seen her paychecks, LOL! She says she loves it! She gets to stay home with her kids which is pretty cool! It’s not a job working for someone else but instead she sets her own schedule and she determines how much she makes. The more she puts into it, the more she gets out. I wish jobs were like that because I know I work way harder than some of the nurses here who are getting paid the same as I am! LOL

P.S. I found a list of top 10 work at home scams to help you avoid them:

10. Craft Assembly
9. Medical Billing
8. Email/Rebate Processing
7. “A List of Companies Looking for Home workers!”
6. “Just pay for and take this class first” Then we’ll give or find you a job!
5. Envelope Stuffing
4. “Turn Your Computer Into a Money-Making Machine!”
3. Pyramid Schemes (this is NOT the same as Multi-Level Marketing MLM)
2. Chain Letters/Emails (“Make Money Fast”)
1. Typing At Home / Data Entry (HUGE SCAM)

I hope this helps you! Good Luck in your search!

-Michelle