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Tuesday, 06 January 2009 |
By Ruth Stewart
 When someone first decides to look into making an income online, it can be a very confusing place. Dare to dip a toe outside the comfort of eBay and you are likely to be bombarded by offers that promise you everything from a lifetime of super riches to a guaranteed $100 a day.
My first piece of advice would be don't believe the hype. Never, ever believe the hype! If you read something that sounds great and promises the world-then put the authors name into Google and check out what others are saying about him or her. This is the age of web 2.0 and the customer is king. You can easily find out what people are saying about anyone. If it still sounds great then ok, if you feel sure, go ahead. Just make sure you take a hefty portion of realism along with those glittering promises.
Another thing thats good to remember is that there will always be the next big thing. Don't feel if you don't buy this then- well, you might as well give up.
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Last Updated ( Tuesday, 06 January 2009 )
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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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