TFW the direct deposit hits (pic) (reps)

08-20-2021, 08:26 PM

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#91

ooph
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Love getting those OP.

08-20-2021, 08:37 PM

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#92

TheScapeGOAT
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Originally Posted By r32gojirra⏩

Das it mane

Good for you srs.

Still going to neg you though.

08-20-2021, 08:57 PM

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#93

whogotmuhbeers
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Originally Posted By Nonsense916⏩

All that money and you’re still bald

Damn mad huh bro?

Successful people are happy for other’s success remember this my man.

08-20-2021, 09:27 PM

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#94

r32gojirra
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Originally Posted By Gizzyhardcore⏩

lol dat dere temporary "rich" pic when the money sits in your account when your house sells, before it goes out paying for the new one.

neat.

*one of the houses

The house I live in is all paid off so this is just walking around money

If I see a bargain on some land I might buy it, or maybe a lambo idk

Originally Posted By Miscbob⏩

So what's the future? Just rinse and repeat with more property developments?

Yeah pretty much.

This one was a big payday because it was the last unit in the development so we’d paid out the finance with the previous sales and this one was all cash money

The current development we’ve paid cash for the land and will finance construction

Going forward the dream is going to be to get from go to whoah without involving the bank at all

Might need to go back to slightly smaller developments to start with but so much less hassle compared with getting finance

And of course don’t have to pay interest

08-20-2021, 09:41 PM

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#95

r32gojirra
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Originally Posted By MiscMathematician⏩

this is hypothetical and numbers changed from my situation

if a house was in a prime location, 1/4 acre, worth 300k on zillow, 100k left on mortgage, doubled in value in the last 2 years, how much would you offer?

I don’t really buy the houses man, I just pay for the land. Around here it’s getting up to $1500m2 for anything decent and if you’re lucky you might find something that can be rented while you’re getting your regulatory approvals in place

If I paid cash I’d probably consider vacant land though

08-21-2021, 08:42 AM

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#96

r32gojirra
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Originally Posted By dan06lcm⏩

What I cant stand is paying $4 to withdraw my own damn money!!!

Damn you MOGGGGGGGED me

08-21-2021, 08:48 AM

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#97

Firefightn24
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The lack of commas bothers me.

Being anti-2nd Amendment is like saying "We have too many rights, please take some away!"

08-22-2021, 04:49 AM

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#98

r32gojirra
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Originally Posted By Firefightn24⏩

The lack of commas bothers me.

Originally Posted By SuperHercules⏩

commas are for poor people

Lol

08-22-2021, 04:52 AM

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#99

Miscbob
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With all this extra cash are you dabbling with crypto at all or just sticking to what you know?

08-22-2021, 05:42 AM

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#100

Jkm94
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Are you a charitable guy OP?

The JKM94's foundation needs some help

08-22-2021, 06:52 PM

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#101

r32gojirra
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Originally Posted By Miscbob⏩

With all this extra cash are you dabbling with crypto at all or just sticking to what you know?

Lol I don’t even trust fiat currency let alone crypto

It’s basically gambling at this point

As you know with compulsory superannuation we are basically forced to have high exposure to the share market but maybe some index funds

But I’ll keep going with the development game as long as it makes sense. It’s a lot easier now with a good team of architects, engineers, sales etc and if I can just eliminate the bank’s involvement it will be pretty “set and forget”

08-22-2021, 06:54 PM

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#102

EagleOfWar
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Originally Posted By BigDeeps01⏩

Congrats on your 100k or so in freedom dollars bro!

Dis. Congrats tho fr.

This body holding me, be my reminder here that I am not alone.
Makes me feel eternal, all this Pain is an Illusion.

08-22-2021, 06:57 PM

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#103

DeputyDong5
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OP has little dick/little man syndrome. Let me get on the internet and prove to a bunch of strangers how rich i am!

08-22-2021, 06:59 PM

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#104

Realclout
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rich

1mil in a checking account.

NOT gonna make it OP.

- Keep the misc great again

- Watch my poo flush while holding the plunger to make sure I don't flood the bathroom crew.

- You can be REALCLOUT too VIA the REALCLOUT text GENERATOR sponsored BY miscmathematician SRS

Click here ----------------> https://js.do/caffeinatedlogic/50858

The world is YOURS boyos.

08-22-2021, 07:19 PM

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#105

r32gojirra
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Originally Posted By Realclout⏩

rich

1mil in a checking account.

NOT gonna make it OP.

Who claimed rich?

I’m comfortably middle class and it’s not because of any cash on hand lol

08-22-2021, 07:22 PM

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#106

willinguniform0
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can u give me 5 bucks plz

08-22-2021, 07:38 PM

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#107

FilsGoodMan
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While it's impressive, my bro bought a house for $300k 10 years ago when he was working a job at $100k/year it's now worth $1m+. His salary has barely changed but his house is worth 3x+ more.

Sydney is fuked.

PUREBLOOD CREW

08-22-2021, 07:39 PM

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#108

Realclout
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Originally Posted By r32gojirra⏩

Who claimed rich?

I’m comfortably middle class and it’s not because of any cash on hand lol

True, I am on that MIDDLE class time too. HOPEFULLY upperclass one day BOYO.

- Keep the misc great again

- Watch my poo flush while holding the plunger to make sure I don't flood the bathroom crew.

- You can be REALCLOUT too VIA the REALCLOUT text GENERATOR sponsored BY miscmathematician SRS

Click here ----------------> https://js.do/caffeinatedlogic/50858

The world is YOURS boyos.

08-22-2021, 07:40 PM

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#109

r32gojirra
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Originally Posted By FilsGoodMan⏩

While it's impressive, my bro bought a house for $300k 10 years ago when he was working a job at $100k/year it's now worth $1m+. His salary has barely changed but his house is worth 3x+ more.

Sydney is fuked.

Yeah if that’s his only house that he lives in then his actual wealth hasn’t changed

Cashing in on investment properties is notbad.jpg though

08-22-2021, 07:48 PM

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#110

FilsGoodMan
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Originally Posted By r32gojirra⏩

Yeah if that’s his only house that he lives in then his actual wealth hasn’t changed

Cashing in on investment properties is notbad.jpg though

His mortgage is $400/week while people paying for the same house are paying $1100/week so yes, his wealth has increased. Not to mention if he sells the house he can move to another state and buy 2 outright with the profit made.

Sydney, where a basic bich house 40min from the city costs $1m ($1100/week mortgage) but the average wage is $1200 (after tax) a week. If you didn't buy a house 10+ years ago, have a full-time working partner or are a millionaire from other sources (inheritance, self owned business, side hustle) there is zero hope owning property here working a 9-5.

PUREBLOOD CREW

08-22-2021, 08:03 PM

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#111

r32gojirra
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Originally Posted By FilsGoodMan⏩

His mortgage is $400/week while people paying for the same house are paying $1100/week so yes, his wealth has increased. Not to mention if he sells the house he can move to another state and buy 2 outright with the profit made.

Sydney, where a basic bich house 40min from the city costs $1m ($1100/week mortgage) but the average wage is $1200 (after tax) a week. If you didn't buy a house 10+ years ago, have a full-time working partner or are a millionaire from other sources (inheritance, self owned business, side hustle) there is zero hope owning property here working a 9-5.

Don’t get me wrong, compared to rent-cels he’s obviously killing it

But if he has kids, career etc in Sydney then he *may not* be able to take any profit because he would need to buy into the same market

Of course he could sell the house and use the proceeds to finance a tree/sea change.

But having regard to COVID and what’s happened with property prices at the coast, I think everyone’s already done that