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"I have a large sum of money in the bank but I can't use it" read my story...

by mistyone
21 replies
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Hi fellow Warriors'

I am going to provide as brief a story as I can because I don't want this to sound like a sob story and I feel sorry for myself kind of line.... It is very real and very hard to cope with.

I met someone and we purchased a home together (1/2 share each) and this is where my story truly begins...

The home was only 7yrs old when we purchased it, in August 2006 and we had a qualified builder do a pre-purchase inspection for us but to our horror we discovered in August 2008 that we have what is called a "leaky home". It is a huge problem here in New Zealand and everyday there are more and more home owners who are discovering that they too have a home that is rotting down around them.

The causes of this are many - from shoddy workmanship, cheap building materials, poor design and changes in Government regulations that allowed materials to be used that don't stand the test of time and also Territorial Bodies whose inspectors failed to do a good job in signing off the homes as being built to the code.

The Government realised they needed to do something to help so they created an Act to cover this issue and set up a department to handle the claims process but you actually have to employ legal council and expert witness' to fight to get compensation and the money you spend employing the legal team, you can't claim back from the respondents to your claim, if you are successful. It is money you will never see again, hence the post title "I have over $70,000.00 in the bank but none of it is mine"! It is true I have this amount of money in the bank, it was meant to be my nest egg, the money I was relying on until I was making a comfortable income from the internet, but now I cannot use that money as it is needed to pay the legal team.

Now you may be saying...."you have a partner" and yes I do, but I do not rely on my partner for financial support, we work a little differently to most relationships and we share expenses but not a shared bank account. I didn't feel comfortable with that, it was my decision, so I am not supported by my partner, I have always paid my own way.

The decision to try to make money from the internet, I have never regretted as I love being able to work from home and I have found something that I really enjoy, but it is not working financially for me, I just haven't managed to be able to receive enough money a month to survive on, so I have been applying for offline, full time employment,(over 60 job applications so far but it is getting tougher as there are so many qualified people competing for jobs that they are over qualified for, in order to get work) because as soon as the money in the bank has been paid out to my legal team, I am broke, totally flat broke!and I can't rely on my partner as he earns so little and has to pay child support for his youngest child, so I will need to apply for the unemployment benefit, which my family are urging me to do right now, but I want to make an income online, I don't want to be on a benefit

So how am I going to achieve that if I haven't been able to, so far? This is the whole purpose of my post. What I would like, is to find someone who would look at what I am doing now and help me make my websites become a viable source of income and we would share in the profit they made for a set period of time, or that we would do a JV together, something totally independent of what we are currently doing, where I do whatever my skills allow along with your skills and we make an income that way. I want to work hard, hey, I am online from the minute I wake up until the early hours of the morning, so I am not afraid of hard work, I just haven't managed to find the right method, yet!

If you think you would be able to do something with me then please respond by PM with your ideas and proposal.

We both need to be sure we can trust each other and so I will be very happy to supply testimonials as to my trustworthiness and I would expect the same from anyone that I end up partnering with, so please don't be offended if I have to decline your offer. We need to be confident in each other

Cheers
Viv

P.S.
Here are some articles if you would like to learn more about our problem:

http://www.stuff.co.nz/dominion-post...-home-tribunal

http://www.nzherald.co.nz/leaky-buil...ectid=10557849

http://www.stuff.co.nz/manawatu-stan...nd-leaky-homes

http://www.stuff.co.nz/national/262265
  • Profile picture of the author mistyone
    Hi GodsGeneral

    Thanks for responding to my post

    I have sent you a PM.

    Cheers
    Viv
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  • Profile picture of the author Patrician
    Hi Viv.

    I don't have anything tangible for you except a few comments.

    Let the house go. Sell it as is - even if you have to 'short sell'.

    In the US you must declare any problems - don't know about NZ but then nobody told you, right?

    Cut your losses. Keep your $70k in the bank. Or spend the money to fix the house yourself.

    As for the comment about stick to ony one thing - I disagree. 'Multiple streams of income' is what is happening. If you can make a little here and a little there, using all your skills and resources, it all adds up.

    Although I have been blessed with a major client for my business's virtual admin facet, after a year of flailing around, I also still make money other ways whenever I can from affiliate programs, JVs, etc.

    When I started I wrote articles for 2 clients, fixed sites for a few others, joined affiliate programs, worked offline on contract jobs, and etc.

    Look at the small checks as paying one bill or something. It all adds up and you need to do what you have to do - JVs etc take a lot of time to develop and/or produce any income as does almost anything else in IM.

    Whatever, I wish you all the best. There IS light at the end of the tunnel.
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  • Profile picture of the author Texson5
    Originally Posted by mistyone View Post

    Hi fellow Warriors'

    I am going to provide as brief a story as I can because I don't want this to sound like a sob story and I feel sorry for myself kind of line.... It is very real and very hard to cope with.

    I was married for 32yrs but my husband and I were going in different directions and agreed to go our separate ways. We are still good friends

    A year later I met someone else and we purchased a home together (1/2 share each) and this is where my story truly begins...

    The home was only 7yrs old when we purchased it, in August 2006 and we had a qualified builder do a pre-purchase inspection for us but to our horror we discovered in August 2008 that we have what is called a "leaky home". It is a huge problem here in New Zealand and everyday there are more and more home owners who are discovering that they too have a home that is rotting down around them.

    The causes of this are many - from shoddy workmanship, cheap building materials, poor design and changes in Government regulations that allowed materials to be used that don't stand the test of time and also Territorial Bodies whose inspectors failed to do a good job in signing off the homes as being built to the code.

    The Government realised they needed to do something to help so they created an Act to cover this issue and set up a department to handle the claims process but you actually have to employ legal council and expert witness' to fight to get compensation and the money you spend employing the legal team, you can't claim back from the respondents to your claim, if you are successful. It is money you will never see again, hence the post title "I have over $70,000.00 in the bank but none of it is mine"! It is true I have this amount of money in the bank, it was meant to be my nest egg, the money I was relying on until I was making a comfortable income from the internet, but now I cannot use that money as it is needed to pay the legal team.

    Now you may be saying...."you have a partner" and yes I do, but I do not rely on my partner for financial support, we work a little differently to most relationships and we share expenses but not a shared bank account. I didn't feel comfortable with that, it was my decision, so I am not supported by my partner, I have always paid my own way.

    The decision to try to make money from the internet, I have never regretted as I love being able to work from home and I have found something that I really enjoy, but it is not working financially for me, I just haven't managed to be able to receive enough money a month to survive on, so I have been applying for offline, full time employment,(over 60 job applications so far but it is getting tougher as there are so many qualified people competing for jobs that they are over qualified for, in order to get work) because as soon as the money in the bank has been paid out to my legal team, I am broke, totally flat broke!and I can't rely on my partner as he earns so little and has to pay child support for his youngest child, so I will need to apply for the unemployment benefit, which my family are urging me to do right now, but I want to make an income online, I don't want to be on a benefit

    So how am I going to achieve that if I haven't been able to, so far? This is the whole purpose of my post. What I would like, is to find someone who would look at what I am doing now and help me make my websites become a viable source of income and we would share in the profit they made for a set period of time, or that we would do a JV together, something totally independent of what we are currently doing, where I do whatever my skills allow along with your skills and we make an income that way. I want to work hard, hey, I am online from the minute I wake up until the early hours of the morning, so I am not afraid of hard work, I just haven't managed to find the right method, yet!

    If you think you would be able to do something with me then please respond by PM with your ideas and proposal.

    We both need to be sure we can trust each other and so I will be very happy to supply testimonials as to my trustworthiness and I would expect the same from anyone that I end up partnering with, so please don't be offended if I have to decline your offer. We need to be confident in each other

    Cheers
    Viv

    Let me get this straight.

    You have a partner that you went in halves with but you do not expect them to pay half of the legal fees?

    Hmmmmm
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    • Profile picture of the author mistyone
      Originally Posted by Patrician View Post


      Let the house go. Sell it as is - even if you have to 'short sell'.
      This has been given serious consideration. The land value is not enough to be able to purchase another house. We do not have any option but the one we are pursuing.

      In the US you must declare any problems - don't know about NZ but then nobody told you, right?
      The insidious nature of this problem is that you are more often than not unaware of what is going on behind the cladding so as far as we know the previous owners didn't know the home leaked. If you were to visit our home today you would not be able to tell it is a "leaky home" but the invasive tests prove otherwise!

      Cut your losses. Keep your $70k in the bank. Or spend the money to fix the house yourself.
      Again careful consideration has been given to this and along with consultation with experts we need to go down the track we are. I need to add that we are one of 2 stand alone townhouses on unit titles and the other townhouse has an even larger problem than us and is also going down the same track of seeking compensation from those responsible.

      As for the comment about stick to ony one thing - I disagree. 'Multiple streams of income' is what is happening. If you can make a little here and a little there, using all your skills and resources, it all adds up.
      I agree that it is a good idea to have more than one stream of income and I am working very hard on that at present but I feel like I have some sort of limiter on me that doesn't allow me to make anymore Adsense or affiliate sales even though I keep working back linking and site promotion through article directories etc. It is truly frustrating. I obviously haven't grasped the concept of making money online, well enough. I'm missing some important ingredients!

      Although I have been blessed with a major client for my business's virtual admin facet, after a year of flailing around, I also still make money other ways whenever I can from affiliate programs, JVs, etc.
      I admire those, such as yourself, that have the skills to be able to develop a business offering a service, unfortunately I am a little thin on the ground with those skills but I keep on trying, I haven't given up, I can't afford to, I have invested too much time and money to do that

      When I started I wrote articles for 2 clients, fixed sites for a few others, joined affiliate programs, worked offline on contract jobs, and etc.
      To be totally honest with you I really can't do article writing, I just don't have it. I have paid people in the past to write content for me but at present as I explained I am not in the position to be spending money. Every cent I spend is less that I will have available to pay the legal team and then what do I do? declare myself bankrupt and go on the dole. no thanks, that's not the path I want to take, so I need to ramp up the earnings online, hence the reason for my post. I would love to be able to configure Wordpress sites for people but I can't pay $20USD's which converts to approx $31.60NZD's on today's exchange rate, to advertise in the Warriors for hire but if I make enough money from all my efforts to pay my living expenses then any left over will definitely be funneled into helping me to promote myself and get a business going, serving others

      Look at the small checks as paying one bill or something. It all adds up and you need to do what you have to do - JVs etc take a lot of time to develop and/or produce any income as does almost anything else in IM.
      Many people would have given up by now but while I still had money in the bank to use to top up any meagre earnings I was making, and because I do love what I am doing, I just kept boxing on but now I am in a different place, I can't keep drawing on my savings, as I said in my headline, the money' is there but it isn't mine to use, it is for my legal teams costs.

      Whatever, I wish you all the best. There IS light at the end of the tunnel.
      Thank you so much for your understanding and encouragement.

      We are meeting with our Barrister this afternoon to discuss the final draft of the Statement Of Claim that will be lodged with the tribunal and this will notify the respondents that we will be seeking recompense for their shoddy workmanship. We have been told that if we are successful with our claim that we shouldn't expect anymore than 60c in the dollar of our total claim amount but in the end we should be better off than just selling as is.


      Originally Posted by Texson5 View Post

      Let me get this straight.

      You have a partner that you went in halves with but you do not expect them to pay half of the legal fees?

      Hmmmmm
      Yes I do have a partner who went halves and believe me he is paying half but the total legal bill will be well over $100,000.00. It is historic that when the respondents receive the Statement of Claim they employ their lawyers to fight to pay as little as possible and drag it out for so long that you end up with a high legal bill, so we both stand to lose a large chunk of money fighting for what should be our right to a home that will last at least 50yrs which is all the building code says that the framing of a home must provide us.
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      • Profile picture of the author justinjp
        pray, that would be the best for you.

        God is always there for you, to help you, to protect you.
        Ask him to help you !

        God bless you !
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  • Profile picture of the author security_chick
    You and your partner should be helping each other out, as you're sharing the same home right? I think it is just right to ask him for help, relationships are about helping each other most importantly during tough times.

    I think it would be hard to pay the legal bill just by working online alone, affiliate marketing would not be able to cover that. Maybe you can put up a business where you will be putting up a website for people who have a business who don't have time or skills to create their own website. :rolleyes:
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  • Profile picture of the author gareth
    Ditch the house - How much money will you have then ?

    Get a top level marketing mentor and spend the money building a responsive list.

    Your reasoning is based upon fear. But with 70K you can make a hell of a lot of money in IM. Only with the right guidance though.

    With $70K you could build a 100,000 email list pretty easy.

    Take a risk and go for it.
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  • Profile picture of the author artwebster
    I have to agree with Gareth.

    What possible benefit will there be in spending your $70,000 nest egg? This would effectively mean that any compensation you received (and it is not guaranteed that you will receive any) would be $70,000 less.

    It really is time that you and your partner stood side by side and shared this burden - I get the distinct impression that he is getting a free ride here and you are not only paying the piper but also attempting to hire the band!

    At the very least, $35,000 of what is in the bank is yours to spend (you only own half of the house!) and that should enable you to find a good mentor who could show you the way forward in your online efforts.
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  • Profile picture of the author mistyone
    Thank you Justinjp, security_chick, Gareth and Art

    I really appreciate your taking the time to read my post. I have explained that we are committed to seeking compensation. The legal bill will be large and I can assure you all, it will be shared equally.

    What I need to do now, is bring in enough income not to have to use the funds I have in the bank. I am not wanting much, I don't want to become wealthy, all I want is enough to pay my bills.

    I had hoped that maybe there might have been the opportunity for someone to buddy up with me, to use the skills I have achieved along with theirs, to produce a product or service that we can both make money from or that someone might be able to help me improve on my sites to make them profitable, for a share of the revenue for an agreed period but there hasn't been that interest, so I will continue to work at what I know and hope that it will reward me for my time and effort

    Our meeting with the Barrister this afternoon was very promising, he feels we have a solid case but doesn't see us getting to adjudication for at least 4-6 months, so I have a little time up my sleeve to ramp up my income.

    If anyone reading this thread would like to work with me then please send a PM and I will respond straight away

    Gareth,

    Have you seen the TradeMe auction 'Scary Washing Machine'? if you haven't you need to go and check it out because it is so hilarious, I had tears streaming down my face reading the sellers description of his washing machine and then his replies to the comments were even funnier. He was also on CloseUp tonight and the washing machine was so loud they had to shout over the noise of it! This is the url: Scary washing machine. No really, its terrifying! for sale - TradeMe.co.nz - New Zealand
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  • Profile picture of the author artwebster
    You have me totally confused now.

    If your case is strong (and all baristers say that) why can't your legal fees be paid out of the award?

    It really does seem very silly to me that you cannot use the money in the bank to help create a good online (or offline) business opportunity. The only thing I can imagine is that you are expecting to receive at least $300,000 in reparations and it is so controlled that you can only spend it on your house repairs.

    If that is the case, are you expecting a sum that will be finally fixed AFTER the repairs are done and that you will receive an interim set of scheduled payments, much like a self build mortgage?

    What happened to the guarantee on the house? It has only just expired and what about the professional indemnity insurance of your building inspector?

    I guess the New Zealand government is made up of lawyers - only a lawyer could possibly have a situation where an accepted problem needs to be resolved by an expensive court battle.
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    • Profile picture of the author mistyone
      Hi Art

      You have summed up a lot of things correctly.

      Unfortunately the way that the Government set up the Act it precludes us from being able to claim legal costs....we can however claim remedial costs, so that if we fix the house or pull it down and rebuild it, then the person we would employ to oversee the remedial work, their costs can be part of the claim. Even our legal team is frustrated by the system. They genuinely feel for any home owner in this position.

      It really does seem very silly to me that you cannot use the money in the bank to help create a good online (or offline) business opportunity.
      I no longer look at that money as mine. It is spent and the least amount I need to take from it the better it will be for me when we start receiving the bulk of the bills. We actually had to deposit $5,000.00 first off, into the Solicitors trust account, as an act of good faith that we could afford to pay the team to fight our case.

      I have done with spending. I spent more than enough when I first started out online and so I made the decision that I would only spend, what I had made, and seeing as I'm not making very much I don't have it to spend. I need to work with what I have and look for as much help and advice I can get to increase my traffic and ramp up my returns. The last two days have been double the normal adsense I usually get, which is great but it is still only a tiny amount. I hope it is a sign that I am finally getting something right but it is still only a trickle and not a flow, which is what I need.

      The only thing I can imagine is that you are expecting to receive at least $300,000 in reparations and it is so controlled that you can only spend it on your house repairs.
      Our claim is for more than $500,000.00.

      What happened to the guarantee on the house? It has only just expired
      There is no guarantee but there is such a thing as vendor warranty in the sale and purchase agreement but we would have to prove that the previous owners knew that the house leaked, which would be difficult.

      what about the professional indemnity insurance of your building inspector?
      The territorial body are one of the respondents in the claim and they have insurance for this sort of thing so their lawyers will be fighting very hard not to payout anymore than they need to. The Mayor of our city even wants us, the home owners making a claim, to have to pay 25% towards the cost of the repairs!

      I guess the New Zealand government is made up of lawyers - only a lawyer could possibly have a situation where an accepted problem needs to be resolved by an expensive court battle.
      The new in power National government doesn't like the way the legal battles go but to change anything takes time and it won't happen in our time.

      The whole thing is a shambles and the list is growing larger everyday as more and more homeowners are discovering they have a problem. They also included in this Act a time limit. You are only eligible to bring a claim through the tribunal if you do it before the house is 10yrs old. Once you are out of the ten year time frame you are on your own. You have to fight it through the High Court.

      I hope that has made it a little clearer

      Thanks for giving it the thought that you have Art, it is appreciated.
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      • Profile picture of the author Kay King
        I can't keep drawing on my savings, as I said in my headline, the money' is there but it isn't mine to use, it is for my legal teams costs.
        Unless I missed something above, I'm reading this to mean you "can't" use money in savings because you've chosen to dedicate it to the legal fight?

        Is that correct? Or is the money actually legally frozen in some way? It's a big distinction. How many people there HAVE $70k in the bank for a legal battle? I doubt many do.

        You mentioned you were determined for online ventures to pay for themselves but that's like saying you will open a shoe store and offer only one style and size of shoe until after you get sales. It's ok if you have a lot of time - but not if you need to establish your business quickly.

        I think you need to get away from the focus on "service" to make money. The problem with providing only "services" is you must keep providing them day after day or the money dries up. It's good to do - but in combination with other things online as part of a business.

        I understand your frustration. I've had a bad year and am struggling to keep my own house right now but with a small portion of your reserves, I could build income quickly online - and so can you. Think bigger, develop a serious business plan and buy what you need to buy, outsource what you need to outsource to get your online presence established.

        It's not easy - but it's doable.

        kay
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        • Profile picture of the author seasoned
          Originally Posted by Kay King View Post

          Unless I missed something above, I'm reading this to mean you "can't" use money in savings because you've chosen to dedicate it to the legal fight?

          Is that correct? Or is the money actually legally frozen in some way? It's a big distinction. How many people there HAVE $70k in the bank for a legal battle? I doubt many do....
          Well, I was once subject to an IDIOTIC law and so, because $5000 was a lot to me at the time, I had to basically keep $5000 ready for any judgement. Had I not, I would have invested it in a stock that a couple months later DOUBLED in price! In a way, I lost $9000!

          So I could see how that could happen. And she may not have meant solely cash anyway.

          Steve
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          • Profile picture of the author Kay King
            I spent more than enough when I first started out online and so I made the decision that I would only spend, what I had made, and seeing as I'm not making very much I don't have it to spend.
            I may be reading it wrong. Many of us spend money we shouldn't when we are starting out - looking for that easy method or fast way or just in order to learn.

            But once you have the basics, using some money (not a whole lot) to ramp up your efforts, to outsource work you can't or don't want to do - makes sense. If you have one site or blog that has started to earn - whether it's adsense or affiliate income - only makes sense to follow by putting up more of the same type sites even if you have to outsource the content to do it.

            Sounds like some progress online is being made - so putting more effort into what is working could make the difference.

            It's so hard to imagine such a problem with housing - what a mess to have to deal with!

            kay
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            • Profile picture of the author mistyone
              Originally Posted by Kay King View Post

              I may be reading it wrong. Many of us spend money we shouldn't when we are starting out - looking for that easy method or fast way or just in order to learn.
              So true Kay and that is exactly how I started out, I didn't know any better for quite some time but about September last year, I shut off all emails coming into my inbox from Guru's selling me the latest and greatest ways of making money online and I started trying to put into practice some basic steps I had read, to make the websites I had purchased, work for me. I am still trying to achieve that

              But once you have the basics, using some money (not a whole lot) to ramp up your efforts, to outsource work you can't or don't want to do - makes sense. If you have one site or blog that has started to earn - whether it's adsense or affiliate income - only makes sense to follow by putting up more of the same type sites even if you have to outsource the content to do it.
              I have made an investment of $5 on Angelas backlinks package. I figured if I stay at home most of the time and when I go out, I don't have a coffee then the $5 investment will return me more than that cup of coffee would have I think the slight increase I am seeing in traffic could be to do with the backlinks I have been creating.

              Sounds like some progress online is being made - so putting more effort into what is working could make the difference.
              I am putting in the effort but it may not be in the right areas or else maybe I still haven't grasped enough of the basic's but one thing I do know I really don't want to spend anymore money trying to make money, I have spent way too much already. It just doesn't make sense to spend anymore until it is returning it back to me and more

              It's so hard to imagine such a problem with housing - what a mess to have to deal with!

              kay
              It does seem incredible, doesn't it but it is a very real and devastating position to be in. Some people have had to walk away from their homes because it has been too hard for them. They haven't had the money or support or been ill advised. If you aren't experienced in Law you need to engage legal help or you will lose big time. It is a legal situation, the hearing we will attend is like any other court case. We will be questioned and grilled and challenged by the respondents legal counsel, it is not an enviable position to be in.

              Your home is your castle. It is the largest investment you will ever make in your life unless you are in business. I have never lost money on real estate before but I have to face the reality that I will be with this current property.

              If you would be interested in reading some items about it here are a couple of sites you can read more about it on:

              Mum hit with bill by leaky home tribunal | Stuff.co.nz This one is in the same city as I live.

              Leaky-home seller hit with big claim - Leaky buildings - NZ Herald News

              I have received some PM's and I am going to reply back to them now, so maybe there will be some good come out of this thread

              Thank you all for reading and commenting. I do appreciate it

              Cheers
              Viv
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              • Profile picture of the author derekwong28
                Originally Posted by mistyone View Post

                If you would be interested in reading some items about it here are a couple of sites you can read more about it on:

                Mum hit with bill by leaky home tribunal | Stuff.co.nz This one is in the same city as I live.

                Leaky-home seller hit with big claim - Leaky buildings - NZ Herald News

                I have received some PM's and I am going to reply back to them now, so maybe there will be some good come out of this thread

                Thank you all for reading and commenting. I do appreciate it

                Cheers
                Viv
                Viv, the examples you have quoted shows how risky and unpredictable it is. I hope you will keep an open mind about this and have a fall back position should things not go to plan.

                I do not know the actual situation in New Zealand but in Hong Kong, you may find it impossible to collect all your money even if there is a judgement in your favour. Your legal costs could escalate beyond control if the defendant appeals and so on.

                It is always best to have some money on hand that you can use for your business, whether for outsourcing or advertising. In my case, my presnet business was built on buyng sites that were already producing income. Therefore, that can be considered as a shortcut to a full-time income.

                Derek
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          • Profile picture of the author mistyone
            Originally Posted by seasoned View Post

            Well, I was once subject to an IDIOTIC law and so, because $5000 was a lot to me at the time, I had to basically keep $5000 ready for any judgement. Had I not, I would have invested it in a stock that a couple months later DOUBLED in price! In a way, I lost $9000!

            So I could see how that could happen. And she may not have meant solely cash anyway.

            Steve
            This is exactly where I am at Steve.

            I need to be sure I can pay my share of the legal fees. How bad would it be if undertook this knowing full well at the end of it I won't have any money left to pay them.

            That is why it is so important for me to be able to ramp up my earnings to cover my weekly expenses and believe me they are as small as I can possibly make them, I have virtually gone to ground and I spend every bit of time I feel it is healthy to spend, online, working to make this happen.

            Thank you for your comment, I really appreciate it

            Cheers
            Viv
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  • Profile picture of the author mistyone
    Hi Derek

    Thank you for adding your concerns

    I do not know the actual situation in New Zealand but in Hong Kong, you may find it impossible to collect all your money even if there is a judgement in your favour. Your legal costs could escalate beyond control if the defendant appeals and so on.
    We know that this sort of thing can happen, but in the event that someone can't pay, from what we have been told the territorial body will have to pick up the bill.

    It is always best to have some money on hand that you can use for your business, whether for outsourcing or advertising. In my case, my presnet business was built on buyng sites that were already producing income. Therefore, that can be considered as a shortcut to a full-time income.
    This is what I did when I first started out online, buy sites that were supposedly making money but with my lack of experience I didn't realise that they would only produce the income if you got traffic to them. I didn't have that skill until recently and have now started to make some headway towards that but I have lost a lot of time and wasted lots of money in the meantime. I cannot justify spending anymore money purchasing sites that have an income already as I have done that and failed. I need to work with what I have.

    Cheers
    Viv
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  • Profile picture of the author warf
    Why not just rent the place out to some renters. Write up a renters agreement and have it notarized so it's legal and have who ever rents the place sign. This will help you with bills n so forth.
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    • Profile picture of the author mistyone
      Originally Posted by warf View Post

      Why not just rent the place out to some renters. Write up a renters agreement and have it notarized so it's legal and have who ever rents the place sign. This will help you with bills n so forth.
      Hi warf

      This option was considered briefly but the problem is, the buildings framework is decaying. The outer frame and plates are rotting and as time goes on we will be like the unit next door and the building will be condemned and so it has to be fixed sooner rather than later.

      Cheers
      Viv
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  • Profile picture of the author manish_11
    HI there I am new in internet marketing .
    Although your story seems to be true.
    Can you suggest me some tips on how to be safe in this world?
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