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Just made $190k in 15 minutes AMA (pic) (reps)
09-19-2020, 05:08 PM
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#31
- Sevenlionz
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Damn. The high you must feel is probably insane srs mirin man. One day
09-19-2020, 05:12 PM
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#32
09-19-2020, 05:14 PM
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#33
- Nonsense916
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130k USD
Losers let it happen, winners make it happen.
Nonsense Army Crew.
09-19-2020, 05:17 PM
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#34
09-19-2020, 05:19 PM
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#35
- r32gojirra
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Originally Posted By MountainLion84⏩
Bout tree fiddyHow many loads did you ingest?
Originally Posted By Unstumpable⏩
See aboveWhat did you do to earn that amount?
Originally Posted By xeron⏩
Only if you take them one at a timeg4p
That’s a lot of dinks
That’s a lot of dinks
Originally Posted By InstantLoser⏩
Market is definitely hot right nowI didn't realize the cost of a blowjob had escalated so severely. OP must be pretty good.
Originally Posted By B0rntobeMild⏩
Only if mods agree to change my usernameR35 GTR
do it
do it
09-19-2020, 05:19 PM
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#36
- LooksMaximus
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Mirin. Now spend it all on hookers and hormones while you're still young.
09-19-2020, 05:21 PM
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#37
- r32gojirra
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Originally Posted By Anachron⏩
True193K profit on the entire complex doesn't sound very high...

Luckily this was only for 1 of the units (the least attractive one)
Ofc that’s after deducting all marketing, agents commissions and provisioning for CGT liability
Hoping to move 2 more units before the end of the financial year including one that is my primary residence (tax free boyo)
09-19-2020, 05:22 PM
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#38
- leoric1997
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when will it be my turn
09-19-2020, 05:27 PM
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#39
- r32gojirra
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Originally Posted By Anachron⏩
Well to be fair this was our first outing of this scale and we learned a lot through making some very expensive mistakes.Now that's better, if it would've been the whole complex I wouldn't have bothered.

I’m currently working on a much bigger development which will have much better tax planning, much less involvement from me at the design stage and much better regulatory compliance, all of which should speed it up and make it more profitable in the end and less of a headache for me
09-19-2020, 05:30 PM
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#40
09-19-2020, 05:32 PM
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#41
- VinnyPazRules
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Originally Posted By yeezyszn2020⏩
Ya I could print that out in 3 minutes and say I make 900K. It doesn't prove chit you gullible tard.Who gives a fuk about the details
Buddy just posted an account balance with 190k lol
I’d challenge more than 3 posters to post something like that
I know I can’t lmao
I’ve seen this ******* post other massive balances too
Miscers are such jelly bitter *******s m
Buddy just posted an account balance with 190k lol
I’d challenge more than 3 posters to post something like that
I know I can’t lmao
I’ve seen this ******* post other massive balances too
Miscers are such jelly bitter *******s m
09-19-2020, 05:33 PM
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#42
- VinnyPazRules
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Originally Posted By r32gojirra⏩
Why is the account balance the same as the available balance?Feelsgudmane

Inb4 kangaroodollars

Inb4 kangaroodollars
09-19-2020, 05:35 PM
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#43
Originally Posted By r32gojirra⏩
Lol congrats but...True
190k isn’t bad for 15 mins work though
Inb4 misc ceos
Sold one of my properties at auction. Was all over from go to whoah in 15 mins.
190k isn’t bad for 15 mins work though
Inb4 misc ceos
Sold one of my properties at auction. Was all over from go to whoah in 15 mins.
That's not 190K in 15 min and you cant replicate it in 15 min either.
Not saying that I have but I could make 190K in 15 minutes in my line of work.
Originally Posted By VinnyPazRules⏩
Why is the account balance the same as the available balance?
I: Self, Lord and Master.
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09-19-2020, 05:43 PM
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#44
09-19-2020, 05:45 PM
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#45
- r32gojirra
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- r32gojirra
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Originally Posted By Anachron⏩
In Australia auctions are the way to get insane prices. Opening bid was $10k under reserve. Imagine if we’d underpriced it so low? Would have been a costly mistakeWhy auction though? Should have gotten more if marketed directly?
Originally Posted By VinnyPazRules⏩
Because it’s a transaction account and the funds are cleared and available to be withdrawn? Guess it’s not real unless I count bills in my dads CamryWhy is the account balance the same as the available balance?
Originally Posted By VinnyPazRules⏩
Whatever helps you sleep at night boyoYa I could print that out in 3 minutes and say I make 900K. It doesn't prove chit you gullible tard.
09-19-2020, 05:59 PM
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#46
- Dontoewsmebro
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Did you listen to "Down Under" by Men at Work after sealing the deal at the auction?
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09-19-2020, 06:12 PM
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#47
- Adam16121
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Are you going to answer? Dads wealth vs yours. Who wins? It’s a competition I've commonly seen among people with wealthy parents. Goes hand in hand with the “I earned it myself” attitude. (No salt intended, a lot of kids of wealthy parents legit earn it themselves, but are driven by a feeling to surpass their parents.)
09-19-2020, 06:17 PM
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#48
- ErnieMccracken
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Fuarrrrk miscers getting RICH while everyone else is slowly getting walked into poverty.
That's why we stay winning, boyos. CEO's all day erry day. Nothing but yachts and cristal with the finest bitches, amirite?
That's why we stay winning, boyos. CEO's all day erry day. Nothing but yachts and cristal with the finest bitches, amirite?
09-19-2020, 06:29 PM
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#49
- TheWeeknd4Ever
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not at all 15 mins but ok
09-19-2020, 06:34 PM
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#50
- r32gojirra
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Originally Posted By Adam16121⏩
Was never any real competition there I would have been earning more than my dad at age 26Are you going to answer? Dads wealth vs yours. Who wins? It’s a competition I've commonly seen among people with wealthy parents. Goes hand in hand with the “I earned it myself” attitude. (No salt intended, a lot of kids of wealthy parents legit earn it themselves, but are driven by a feeling to surpass their parents.)
Originally Posted By Dontoewsmebro⏩
Yes it’s a legal requirementDid you listen to "Down Under" by Men at Work after sealing the deal at the auction?
09-19-2020, 06:38 PM
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#51
09-19-2020, 06:45 PM
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#52
- Motiviert
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No questions, just mirin
I know who I am. And after all these years, there’s a victory in that.
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09-19-2020, 06:48 PM
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#53
- r32gojirra
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Originally Posted By LordMU⏩
In Australia capital gains are added to personal income and taxed at your marginal rates hard to separate business incomeMirin, how much profit do you make a year on average?
Rough estimate around $300kpa
Would be more if my “job” wasn’t taxed at 47%
09-19-2020, 06:48 PM
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#54
09-19-2020, 06:58 PM
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#55
- eatmycrackers
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- eatmycrackers
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Brb invest $150k into real estate
Spend $40k on renovations
Sell for $190k
=/=profit
Also kangaroo dollars
Keep hustling cuz
Spend $40k on renovations
Sell for $190k
=/=profit
Also kangaroo dollars
Keep hustling cuz
Posts are for fun, not to be taken seriously or as truth.
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09-19-2020, 06:59 PM
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#56
Originally Posted By r32gojirra⏩
very solid, i feel like ab absolute peasant on my 80k aud lolIn Australia capital gains are added to personal income and taxed at your marginal rates hard to separate business income
Rough estimate around $300kpa
Would be more if my “job” wasn’t taxed at 47%
Rough estimate around $300kpa
Would be more if my “job” wasn’t taxed at 47%
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09-19-2020, 07:02 PM
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#57
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While the sale may have taken 15 minutes, the lead up/work/investment into that sale was longer.
What did you buy the property at?
What did you spend on improvements?
How long did it take?
Did you do the work yourself?
What was the net profit off of this sale?
What did you buy the property at?
What did you spend on improvements?
How long did it take?
Did you do the work yourself?
What was the net profit off of this sale?
2014 Misc Resolution: Negging no pics (screen captures of text don't count as pics)
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09-19-2020, 07:10 PM
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#58
09-19-2020, 07:26 PM
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#59
09-19-2020, 07:43 PM
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#60
- r32gojirra
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- r32gojirra
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Originally Posted By LordBroly⏩
-all in for around $2million. That is about $800k on the land, $1mil on construction and $300k in regulatory fees, design fees, property taxes and holding costs (interest) but some of those are instant tax write-offs. So a bit under $700k per townhouse.How much did the property cost to buy+develop?
How did you fund the initial purchase?
How much of that goes to tax in Aus?
What will you do with the money?
Anyway, nice job
How did you fund the initial purchase?
How much of that goes to tax in Aus?
What will you do with the money?
Anyway, nice job
-borrowed it from the bank
-massively depends on your other income but the effective tax rate can be between 25-47% for someone like me already earning in the top tax bracket for my “job”. I’ve already provisioned for tax so $190k is pure after-tax profit
-tossing up between
a) reinvesting in quality fixtures/finishes for my current project
b) lambo
Originally Posted By eatmycrackers⏩
^^^That doesn’t sound like a very profitable business modelBrb invest $150k into real estate
Spend $40k on renovations
Sell for $190k
=/=profit
Also kangaroo dollars
Keep hustling cuz
Spend $40k on renovations
Sell for $190k
=/=profit
Also kangaroo dollars
Keep hustling cuz
Lol at thinking you can buy real estate in aus for $150k
Originally Posted By Ratfish⏩
It’s posted in the op, $190k free and clear after-tax profitshow us a pic of the net profit, baby boy
One down, 2 more to go, wish me luck
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