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Old July 18, 2002, 05:04 PM
Michael Ross
 
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Default I don't think Gordon is

talking about Options.

I think it's more like what happened to me yesterday...

A guy calls needing to get rid of 52 five-gallon pails of fire-retard paint and insulation paint and wants to know how much I will charge him to take it off his hands.

I tell him I'll call him back in a few minutes.

I make a quick couple of phone calls - finding out who can take it off of my hands - then call him back and tell him my Removal Fee.

I didn't Option the paint. I took it off his hands once I knew who would take it off my hands - I sold it before I had it.

That is what, I believe, Gordon is talking about.

It is pretty well the same transaction as Joe Karbo talks about on page 83 in Lazy Man's Way To Riches - find a buyer BEFORE mentioning price to the person who wants to get rid of their stuff. Only in my example, I made money on both ends.

Michael Ross

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