This is $10 a week with Troy Price and I am Troy Price. I want to give you the information you need to find free or low cost offers that make you money. This podcast has a following that is growing and hungry for money. This Episode can best be titled, “Not Making Money Online.”
In case you have not listened to any news in the past 6 months, the world economy is taking a downturn. Now this downturn has hit my making money online directly in two separate ways. In this episode I wanted to share those specific sites that are no longer money makers an then offer a few places where you can use the internet to leverage off line efforts to make serious money in this down turned economy. Does that make sense? It certainly will by the end of the episode so let’s jump right into it!
First the bad news, awwwwww, the website that I use to host these fine podcasts have stopped a program that makes me money. They had a talkshoe cash program that paid host a well deserved portion of the revenue generated to talkshoe. Well, late last month they paused that program. So I will be receiving no more talkshoe cash. The second economic downturn that effects me personally comes from a site I recently shared on this podcast, www.brring.com changed their payout strategy. Formerly, they paid out for each call made to the bring number but as of June 15, 2008. Poof, only referrals are making money for the bring user. Man, isn’t that just peachy. So I have spent my time recently looking for ways that the internet can boost my off-line income and have found a few streams that I may be looking into. I wanted to share them with you far listeners, so sit back and let me know if they might benefit you…
There are oodles and oodles of homes for sale today that literally were at least 15% more expensive this time last year. At least that’s what CNN’s American Morning told me earlier this week. Let me put that in context. A $200,000 home last year is now $170,000 and a $100,000 house last year is now $85,000. So that’s the national average, but there are ways to find deep, deep discounted houses that are a steal if you qualify for them. Go to http://www.hud.gov/homes/ and find a house that the US government wants a family in. I am looking at my state’s listing and I see two houses that are listed in the $70,000’s but would have been at least double that last year. And to put that in context, that is a monthly payment of a little over $500 a month with more space and privacy than you could rent for $500 and, with the tax breaks there are for home ownership, you really could end out annually paying less than renting.
Secondly, according to that same cnn news report, this years bankruptcy rate are over 50% higher than last year. Now that does tell you how bad things are out there. But, with so many bankruptcies going on, you might want to consider how you can find some deeply discounted items through the US bankruptcy courts. I am not an attorney, and am not offering legal advice. Now with that said, let me share what I have done twice that has literally got me at the table with people buying store inventories for 15 cents on the dollar. If you buy new things that cheaply, you can have a yard sale or put up a table at a flea market and at least double your money. Anyway, where ever you are in the US, go to http://www.uscourts.gov/courtlinks/ and search the bankruptcy courts that serve your zip code area. There is a phone number and address to that court on that site. You then have you pour on the charm. Call or visit the court and ask a clerk for a list of recent bankruptcies and look for names of stores you recognize. Frequently something reads like John Smith DBA that’s doing business as Moe’s Tavern. And then ask for the attorney that is over the bankruptcy. What you do is contact the attorney and let them know you are interested in what might be for sale related to the bankruptcy. And they notify you of what is going on with the materials that you might be able to make some money on. You might have some misgivings about capitalizing upon other’s misfortunes, but you are entering the scene only after the legal decision to bankrupt has been made and someone is going to buy the items of interest, it might as well be you…
So, people this is really a downer of an episode, huh? I almost titled this one, “things are tough all over” but really if this episode can get someone into a home dirt cheap, or set some people up to make enough money for a great vacation by selling things they have acquired through the bankruptcy courts. I will be happy.
Do you have a success story from this podcast? Shoot me an email at email10aweek@aol.com. And, let me remind you of a new service I am sharing via the podcast. I loved as a kid gathering around the local radio at 9 a.m. over the summers and listening to swap n shop. People called in with things they wanted to sell and buy and ordinary people used the power of the radio to make some money. I want to bring that to the podcast. If you have a giftcard with an amount on it that you aren’t going to use, and you don’t want to pay ebay’s high fees. Give this podcast a try. You’ll reach at least 1000 people in the first week alone. And here, here is all I ask. If you make a sale. Keep me in mind the next time you are on paypal, and maybe donate a little bit back to the show. Just something to pay for bandwidth and equipment… All you need to do is call the listenerline at 6417153900 and then enter the show code 22505 and leave a message, like this person did. This one is actually a follow-up from last week… Listen…
So call or email in what you’d like to sale and maybe we can make your day a little brighter with some green in your pocket…
And with that, let me say good night and talk to you next week!