Money making schemes

Do any of you get these in the mail? Have you tried them? Has anyone made anything with one?

the only people that make any money are the ones that sell the courses. seems like there are a bunch of these get rich quick schemes on tv lately. the real estate ones, the make millions on the internet, then make millions in the cash flow note business. if you think about it, if you had a plan to make millions, would you tell anybody?

Whenever I get or hear one of these, where you can make hundreds, if not thousands, stuffing envelopes or data processing at home, I wonder why the people selling them haven"t started doing it themselves...
Seriously, be very careful: almost all are either outright scams or, at best, wildly oversold.

Send me $105 dollars and I"ll send you a pamplet telling you how I make over $100 from every person that I send a pamplet to.:>)

Beware of "stores Online"

Not so long ago I read the postal service was doing layoffs. But at the same time in our local paper's classifieds it was advertising that the postal service needs workers (with very good pay). Naturally I'm sure further information comes at a price.

I've made some money buying foreclosures, and bought one guy's book, just to see if there were tricks I was missing about the procedure. The book was straightforward, but didn't have an magical methods. From what I've seen, those courses range from outright fraud (arrange sale of the defaulting house to some low income, preferably minority rube at an inflated price, and pocket the difference- which led to the present mess, and is no longer possible) to good information that, unfortunatly, won't make you any money now, because everybody owes more than the house is worth, so you can't buy the mortgage and resell the house at a profit. I thought the one I'm working on now was a sure winner, as I paid about half of what it was worth (last May). Combination of higher than expected fixup costs and the tanking of the real estate market means I'll be lucky to get out with my skin.

The "cash-flow note" deal is basically that you act as a finder, and hook up the parties and get a finder's fee. Sounds fine in theory, but the problem is, unless a potential note seller is in a coma, they can find a note buyer themselves, as close as the classifieds in their daily paper, and don't need you.

My all time favorite is the "Buy a house for $300" deal. That may have been possible at one time, but now, everybody knows about tax sales, and is there, bidding everything up. You'll still get a bargain, probably, but its a cash deal and its a lot more than 300 bucks. Besides, almost all houses have a mortgage on them, and the lender will always bail the place out of foreclosure by paying the taxes before the tax sale.

Finally, there's the "start your own internet business" one- Sending out catalogs of trinkets and Chinese junk, for outrageous prices. Don't think I even need to touch on the lunacy of that.

Yes some make money on them. The perpetrators who run the schemes. The suckers who fall for them LOSE money.

99.9% of the time it is a scam. My wife was dumb enough at the ripe age of 25 to send away for a "work at home" deal. ----SCAM........The info packet that was sent said to mail out 10 more work at home packets.
Just like the scams on TV of run your own internet business, I make money on time shares blah, blah, blah.....Dont waste your time.

Kind of like buying old fencerow tractors and fixing them up to make money. If I had a million dollars, I would fix up tractors til it was all gone.

What they are selling is a dream. The money is made selling the dream to thoes who want it.