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» How do you 'get rich' while having a regular wagie job and salary?
08-12-2024, 05:31 AM
#61
Originally Posted By MikeLowrrrey⏩
you dont need much of a down payment. you can get away with 3% down these days but you'd pay for it.
Your first point makes sense. Your second point I don't understand what you mean by getting capital. If you get capital from a bank for a down-payment aren't you effectivity paying for 2 loans, the bank loan and the rental mortgage? Whereas if you used your own cash, you're just covering the mortgage. Unless you use the equity to pay the bank back??
How would you go about getting $120k?
I'm looking at random units like the one below. Would need $120k for the down-payment and closing costs
https://www.realtor.com/realestatean...=srp-list-card
How would you go about getting $120k?
I'm looking at random units like the one below. Would need $120k for the down-payment and closing costs
https://www.realtor.com/realestatean...=srp-list-card
i would not touch real estate right now. 500k mortgage is probably 7k/mo considering current interest rates, property tax, utilities, insurance. if your building has four units, are they going to bring in 2k each? if it has 8 rooms, will they pay $1k each for a room? even so you're adding a mere few hundred in equity a month at the beginning. you can make a few hundred extra much more easily doing other things right now. you;re also betting that that 500k house does not depreciate
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Quote
08-12-2024, 07:40 AM
#62
Originally Posted By OliverHomeless⏩
Money is worthless, you’re poor, clueless, and homeless, and this explains why
Most people can't save money. That's their biggest impediment to becoming wealthy. To become wealthy, you need to invest or convince someone with money to invest in you.
It ain't happening without money, and when you use someone elses money the terms usually aren't great.
It ain't happening without money, and when you use someone elses money the terms usually aren't great.
move along
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08-12-2024, 08:44 AM
#63
Originally Posted By monster0ultra⏩
Yeah, I tried it for two weeks and didn't care for the side effect. My statement stands. Funny how you didn't post when I said that second part.
lol
Originally Posted By Godfrd824⏩
I tried taking the pill version of ozempic. It makes you feel full without eating. Issue is that if you eat even a normal amount, it will make you feel like vomiting, like you ate way too much. I had issues getting even 200 grams of protein at 2500 cals. I stopped after 2 weeks, I'd rather be hungry than nauseous all day.
Oh, and that 40lbs in 10 weeks was before ozempic even existed. Don't want you to try and cope and make up further BS.
I tried taking the pill version of ozempic. It makes you feel full without eating. Issue is that if you eat even a normal amount, it will make you feel like vomiting, like you ate way too much. I had issues getting even 200 grams of protein at 2500 cals. I stopped after 2 weeks, I'd rather be hungry than nauseous all day.
Do me a favor and hold this L.
Spoiler!
Herpes
Better question is, why did you take gear, got no bigger, and just fuked up your kidneys?
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
08-12-2024, 10:55 AM
#64
Originally Posted By monster0ultra⏩
busted and brutal.
Typical Godfrd824, always have to have the last word and have to be right and one up everyone so even when caught in a clear lie, he just doubles down.
Also, lol @ 2 weeks. Even if it was 1 day, it makes no difference because the intent was there. Ozempic isn't even a fat loss drug, it's a willpower drug. Something like clen, burns fat, ephedrine, burns fat, even basic caffeine burns fat. Ozempic doesn't burn any fat, all it does is reduce appetite. The fact that you went through with taking Ozempic means you yourself know you don't have the willpower to put down the fork.
The original reply was calling out you calling out other people for looking for that one weird trick when you yourself have no willpower and looked for that one weird trick. This is simple logic here where there's nothing to dispute but you'll probably continue with your usual doubling down on your BS and and having to have the last word.
Also, lol @ 2 weeks. Even if it was 1 day, it makes no difference because the intent was there. Ozempic isn't even a fat loss drug, it's a willpower drug. Something like clen, burns fat, ephedrine, burns fat, even basic caffeine burns fat. Ozempic doesn't burn any fat, all it does is reduce appetite. The fact that you went through with taking Ozempic means you yourself know you don't have the willpower to put down the fork.
The original reply was calling out you calling out other people for looking for that one weird trick when you yourself have no willpower and looked for that one weird trick. This is simple logic here where there's nothing to dispute but you'll probably continue with your usual doubling down on your BS and and having to have the last word.
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08-12-2024, 11:50 AM
#65
Originally Posted By monster0ultra⏩
One weird trick would be jumping on juice. But that was you wasn't it. Also, this is a financial thread, and let's not pretend that you're anywhere near my level. If only there was some drug you could take which would make you less of a poverton. Keep a stiff upper lip though, things will get better for you.
Typical Godfrd824, always have to have the last word and have to be right and one up everyone so even when caught in a clear lie, he just doubles down.
Also, lol @ 2 weeks. Even if it was 1 day, it makes no difference because the intent was there. Ozempic isn't even a fat loss drug, it's a willpower drug. Something like clen, burns fat, ephedrine, burns fat, even basic caffeine burns fat. Ozempic doesn't burn any fat, all it does is reduce appetite. The fact that you went through with taking Ozempic means you yourself know you don't have the willpower to put down the fork.
The original reply was calling out you calling out other people for looking for that one weird trick when you yourself have no willpower and looked for that one weird trick. This is simple logic here where there's nothing to dispute but you'll probably continue with your usual doubling down on your BS and and having to have the last word.
Also, lol @ 2 weeks. Even if it was 1 day, it makes no difference because the intent was there. Ozempic isn't even a fat loss drug, it's a willpower drug. Something like clen, burns fat, ephedrine, burns fat, even basic caffeine burns fat. Ozempic doesn't burn any fat, all it does is reduce appetite. The fact that you went through with taking Ozempic means you yourself know you don't have the willpower to put down the fork.
The original reply was calling out you calling out other people for looking for that one weird trick when you yourself have no willpower and looked for that one weird trick. This is simple logic here where there's nothing to dispute but you'll probably continue with your usual doubling down on your BS and and having to have the last word.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
08-13-2024, 08:15 AM
#66
what rental properties are you buying with 30k
not being facetious, genuine question
not being facetious, genuine question
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08-13-2024, 08:17 AM
#67
In a few select cases people might get lucky when they invested their money in ways that give them a huge return. Like lucking out on bitcoin or Gamestop stock. But these are the exceptions. And if you ONLY work your dayjob and don't invest? Then there's no chance.
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08-13-2024, 08:24 AM
#68
Amc
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08-13-2024, 08:25 AM
#69
Originally Posted By MiscMathematician⏩
Why is 3% down considered good? Sure you can get into the market easier, but your mortgage payments are higher and probably on par with rent. You'd have to buy an even cheaper house.
you dont need much of a down payment. you can get away with 3% down these days but you'd pay for it.
i would not touch real estate right now. 500k mortgage is probably 7k/mo considering current interest rates, property tax, utilities, insurance. if your building has four units, are they going to bring in 2k each? if it has 8 rooms, will they pay $1k each for a room? even so you're adding a mere few hundred in equity a month at the beginning. you can make a few hundred extra much more easily doing other things right now. you;re also betting that that 500k house does not depreciate
i would not touch real estate right now. 500k mortgage is probably 7k/mo considering current interest rates, property tax, utilities, insurance. if your building has four units, are they going to bring in 2k each? if it has 8 rooms, will they pay $1k each for a room? even so you're adding a mere few hundred in equity a month at the beginning. you can make a few hundred extra much more easily doing other things right now. you;re also betting that that 500k house does not depreciate
I'd rather put 20% down.
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08-13-2024, 08:36 AM
#70
let a Prince in ***** poop on your stomach
edit - wtf is the word d.ubai banned?
edit - wtf is the word d.ubai banned?
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08-13-2024, 08:38 AM
#71
Here's a good one.
It's called Luck.
It's called Luck.
By any means necessary!
If you don't come from a rich family a rich family can come from you.
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08-13-2024, 09:26 AM
#72
Step 1 I think is to make more than a regular salary, then you can start thinking about things beyond bills and begin banking money to invest or pursue other stuff. It doesn’t take much beyond a normal income to start getting ahead, because every additional dollar above expenses is exponentially more spare money.
Not rich (yet) but going back to school to increase earning power massively changed my life in basically every way.
Not rich (yet) but going back to school to increase earning power massively changed my life in basically every way.
08-13-2024, 09:27 AM
#73
Originally Posted By Godfrd824⏩
Someone with $7,500 a month just to invest consistently doesn't likely have a "regular wage job" like op.
$7,500 a month invested at 8% would get you $11.5m after 30 years.
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