Forum
ยป
Post your reaction when someone says $150k is a lot of money (<$150k)
12-27-2018, 03:18 AM
-
#181
Originally Posted By MrAWatts⏩
Not even public office, just with any company or person that cares about their reputation. You're ridiculing the billions of people who makes less and create resentment among society. You're excessive "LMAO"s are showing increased stress and desperation in your posts. Also its obvious you're a loser with a chit life IRL.LMAO brah we are all fukked when it comes to posting on the misc, nobody can ever run for public office.
Society is changing, and same thing that happened to people getting their careers ruined for metoos 20 years ago will happen to you. Sorry about you tattooing your distastefulness on the internet forever
12-27-2018, 03:21 AM
-
#182
- DrWilliam
- Registered User
-
- DrWilliam
- Registered User
- Join Date: Apr 2013
- Location: United States
- Age: 38
- Posts: 11,544
- Rep Power: 0
-
-
It depends on what we are talking about here.
$150k in cash in bank account? That's a pretty decent amount of money
$150k/yr income? Could be impressive, depends on what your expenses are. If you're making $150k/yr and spending $120k/yr I'm not too impressed
$150k in cash in bank account? That's a pretty decent amount of money
$150k/yr income? Could be impressive, depends on what your expenses are. If you're making $150k/yr and spending $120k/yr I'm not too impressed
12-27-2018, 03:29 AM
-
#183
- Nonsense916
- worst poster on the misc
-
- Nonsense916
- worst poster on the misc
- Join Date: May 2010
- Posts: 54,085
- Rep Power: 321806
-
-
Gonna buy a 100k car this upcoming year dead srs
Losers let it happen, winners make it happen.
Nonsense Army Crew.
12-27-2018, 03:43 AM
-
#184
12-27-2018, 04:18 AM
-
#185
- Aristotelian
- Positive Mental Attitude
-
- Aristotelian
- Positive Mental Attitude
- Join Date: Jun 2017
- Posts: 12,849
- Rep Power: 263689
-
-
Originally Posted By Gt3x24x7⏩
And how much of his assets are now frozen with the U.S leaving the JCPOA?the richest person i know is my dad's oldest brother. guy is 78 and has a net worth of $100m+ dollars living in Tehran
12-27-2018, 04:22 AM
-
#186
- samsbolton
- Registered User
-
- samsbolton
- Registered User
- Join Date: Jan 2006
- Location: United Kingdom (Great Britain)
- Age: 52
- Posts: 25,801
- Rep Power: 63497
-
-
Originally Posted By DSTEE⏩
Most people with a decent salary/reputation are bright enough to realise that. Not Awatts thoughNot even public office, just with any company or person that cares about their reputation. You're ridiculing the billions of people who makes less and create resentment among society. You're excessive "LMAO"s are showing increased stress and desperation in your posts. Also its obvious you're a loser with a chit life IRL.
Society is changing, and same thing that happened to people getting their careers ruined for metoos 20 years ago will happen to you. Sorry about you tattooing your distastefulness on the internet forever
Society is changing, and same thing that happened to people getting their careers ruined for metoos 20 years ago will happen to you. Sorry about you tattooing your distastefulness on the internet forever
2023 bertie awards 2024 nominations
https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
12-27-2018, 04:48 AM
-
#187
- Aristotelian
- Positive Mental Attitude
-
- Aristotelian
- Positive Mental Attitude
- Join Date: Jun 2017
- Posts: 12,849
- Rep Power: 263689
-
-
Originally Posted By samsbolton⏩
Well you can tell he didn't have our upbringing, troll or not. I went to uni with the kind of person where the wankers would invariably ask "landed?" or "what school?" or become horrifyingly offended if you confused Sussex and Essex. Get what I mean?Most people with a decent salary/reputation are bright enough to realise that. Not Awatts though
Money can buy a lot of things but not dignity and certainly not decorum or class.
12-27-2018, 04:57 AM
-
#188
Originally Posted By Gt3x24x7⏩
I wouldnโt live in Tehran if you paid me $100mthe richest person i know is my dad's oldest brother. guy is 78 and has a net worth of $100m+ dollars living in Tehran
๐ฎ๐๐๐๐ ๐ ๐๐๐๐๐ถ, ๐๐๐๐๐ ๐๐๐๐๐ ๐ ๐๐๐๐๐
โโโโโโ๐งตMake trolls invisible: https://forum.obnoxiousbrutes.com/showthread.php?t=180234573 โโโโโโ
12-27-2018, 06:42 AM
-
#189
- nosirrahx
- Registered User
-
- nosirrahx
- Registered User
- Join Date: Sep 2013
- Location: United States
- Age: 51
- Posts: 14,623
- Rep Power: 106507
-
-
Originally Posted By samsbolton⏩
$1,170,000Total investment
Originally Posted By samsbolton⏩
0borrowings
Originally Posted By samsbolton⏩
Anyone that does this knows that this number is not constant. First full year with all 3 buildings in the loop ends in May, wont have a final number until then. We had to fix a roof this year, only unexpected big expense.overheads
Originally Posted By samsbolton⏩
I'd have to look it up for Easthampton, has not been a full year yet. My brother's wife handles all of the taxes and legalities, brother handles property management, I fund the project.taxes
Originally Posted By samsbolton⏩
0/10vacancies
Originally Posted By samsbolton⏩
$170K for duplex that needed renovations, bother bought this several years ago, it is renovated and rented, I think 7 or 8 years ago.Purchase price and date
$300K for duplex already renovated and rented, March 2018
$700K for 6 unit already renovated and rented, May 2018
Originally Posted By samsbolton⏩
Easthampton MA, all 3 buildings.approximate area?
Eat in a deficit to lose weight.
Hit your protein and fat minimums to stay healthy and keep your gainz.
Lift heavy and do HIIT to look and feel awesome.
Use the internet to learn why you should do these things and how to do these things.
12-27-2018, 06:51 AM
-
#190
- nosirrahx
- Registered User
-
- nosirrahx
- Registered User
- Join Date: Sep 2013
- Location: United States
- Age: 51
- Posts: 14,623
- Rep Power: 106507
-
-
Originally Posted By Nonsense916⏩
There are services that will help you find a fully depreciated supercar.Gonna buy a 100k car this upcoming year dead srs
If you play your cards right you can be in and out of a killer car for about 10-20k a year.
You buy in April, drive it until October and then start looking for your next used supercar.
A lot of guys do this to avoid huge repair bills, depreciation and commitment to a single car.
Several of my friends are in a different used supercar every single year and don't have crazy high incomes.
Eat in a deficit to lose weight.
Hit your protein and fat minimums to stay healthy and keep your gainz.
Lift heavy and do HIIT to look and feel awesome.
Use the internet to learn why you should do these things and how to do these things.
12-30-2018, 07:35 AM
-
#191
- samsbolton
- Registered User
-
- samsbolton
- Registered User
- Join Date: Jan 2006
- Location: United Kingdom (Great Britain)
- Age: 52
- Posts: 25,801
- Rep Power: 63497
-
-
Originally Posted By nosirrahx⏩
Since Iโm temporararily unbanned, Iโll point out this doesnโt add up.$1,170,000
0
Anyone that does this knows that this number is not constant. First full year with all 3 buildings in the loop ends in May, wont have a final number until then. We had to fix a roof this year, only unexpected big expense.
I'd have to look it up for Easthampton, has not been a full year yet. My brother's wife handles all of the taxes and legalities, brother handles property management, I fund the project.
0/10
$170K for duplex that needed renovations, bother bought this several years ago, it is renovated and rented, I think 7 or 8 years ago.
$300K for duplex already renovated and rented, March 2018
$700K for 6 unit already renovated and rented, May 2018
Easthampton MA, all 3 buildings.
0
Anyone that does this knows that this number is not constant. First full year with all 3 buildings in the loop ends in May, wont have a final number until then. We had to fix a roof this year, only unexpected big expense.
I'd have to look it up for Easthampton, has not been a full year yet. My brother's wife handles all of the taxes and legalities, brother handles property management, I fund the project.
0/10
$170K for duplex that needed renovations, bother bought this several years ago, it is renovated and rented, I think 7 or 8 years ago.
$300K for duplex already renovated and rented, March 2018
$700K for 6 unit already renovated and rented, May 2018
Easthampton MA, all 3 buildings.
Your brother bought the duplex years ago. If the other duplex is 300k, thatโs the number Iโll go with
That puts you at 1.3 million BEFORE renovations. Of course, that number could be anything. I wonder why you donโt mention it?
You arenโt using a property agent, which is nuts with no experience, but as with all things Iโm sure you know best.
Taxes are going to crush your returns, especially with no mortgage interest to offset.
Without rereading the previous thread, Iโm pretty sure you told me you would recover your capital in 8-10 years. Itโs obvious you wonโt, and I told you so.
Edit, looked back, your prediction was 6.3 YEARS to recover your capital. THEN you said 10 years was ABSOLUTE WORST CASE MORON MATHS...
So.. 12k *12 months times 10 years is 1.44 million BEFORE TAX (30%? 40%?) AND assuming NO vacancies, expenses, legal costs etc (which as you have already discovered isnโt realistic) as you have already paid for a roof..
So, one way or another, you cannot possibly convince me you are anywhere close even to your ABSOLUTE WORST CASE MORON MATHS scenario of 10 years to pay off the capital. I told you a year ago you were substantially out, now you know why I said that.
A little humility (which I know you donโt believe in) would now go a long way I feel.
2023 bertie awards 2024 nominations
https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
12-30-2018, 07:36 AM
-
#192
- samsbolton
- Registered User
-
- samsbolton
- Registered User
- Join Date: Jan 2006
- Location: United Kingdom (Great Britain)
- Age: 52
- Posts: 25,801
- Rep Power: 63497
-
-
Originally Posted By nosirrahx⏩
Nobody askedThere are services that will help you find a fully depreciated supercar.
If you play your cards right you can be in and out of a killer car for about 10-20k a year.
You buy in April, drive it until October and then start looking for your next used supercar.
A lot of guys do this to avoid huge repair bills, depreciation and commitment to a single car.
Several of my friends are in a different used supercar every single year and don't have crazy high incomes.
If you play your cards right you can be in and out of a killer car for about 10-20k a year.
You buy in April, drive it until October and then start looking for your next used supercar.
A lot of guys do this to avoid huge repair bills, depreciation and commitment to a single car.
Several of my friends are in a different used supercar every single year and don't have crazy high incomes.
2023 bertie awards 2024 nominations
https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
12-30-2018, 10:08 AM
-
#193
- nosirrahx
- Registered User
-
- nosirrahx
- Registered User
- Join Date: Sep 2013
- Location: United States
- Age: 51
- Posts: 14,623
- Rep Power: 106507
-
-
Originally Posted By samsbolton⏩
Genius, all 3 buildings were already renovated before any of this started. My brother renovated his years ago and the 2 I bought were renovated by the previous owner.Rambling from a guy who clearly has 0 reading comprehension.
I had a renovation budget for 2018 of $0.
There is also $0 in loans and since you are clearly slow, that $0 also has a 0% interest rate.
We own the buildings free and clear so the profit is rent collected - taxes and expenses.
$~1200 per unit X 10 units X 12 months in a year = $144,000.
Taxes + expenses are slightly less than that you incompetent imbecile.
Eat in a deficit to lose weight.
Hit your protein and fat minimums to stay healthy and keep your gainz.
Lift heavy and do HIIT to look and feel awesome.
Use the internet to learn why you should do these things and how to do these things.
12-30-2018, 10:31 AM
-
#194
- ashin1
- Registered User
-
- ashin1
- Registered User
- Join Date: Jul 2010
- Location: Canada
- Age: 35
- Posts: 15,547
- Rep Power: 45160
-
-
Originally Posted By nosirrahx⏩
lol legit didn't read a single word he wrote either brahGenius, all 3 buildings were already renovated before any of this started. My brother renovated his years ago and the 2 I bought were renovated by the previous owner.
I had a renovation budget for 2018 of $0.
There is also $0 in loans and since you are clearly slow, that $0 also has a 0% interest rate.
We own the buildings free and clear so the profit is rent collected - taxes and expenses.
$~1200 per unit X 10 units X 12 months in a year = $144,000.
Taxes + expenses are slightly less than that you incompetent imbecile.
I had a renovation budget for 2018 of $0.
There is also $0 in loans and since you are clearly slow, that $0 also has a 0% interest rate.
We own the buildings free and clear so the profit is rent collected - taxes and expenses.
$~1200 per unit X 10 units X 12 months in a year = $144,000.
Taxes + expenses are slightly less than that you incompetent imbecile.
***Strong 2nd Reply Crew***
12-30-2018, 11:26 AM
-
#195
- samsbolton
- Registered User
-
- samsbolton
- Registered User
- Join Date: Jan 2006
- Location: United Kingdom (Great Britain)
- Age: 52
- Posts: 25,801
- Rep Power: 63497
-
-
Originally Posted By nosirrahx⏩
No, no, what you said was that you would recover your capital expenses in 6.3 YEARS. I will link the post where you said it as well.Genius, all 3 buildings were already renovated before any of this started. My brother renovated his years ago and the 2 I bought were renovated by the previous owner.
I had a renovation budget for 2018 of $0.
There is also $0 in loans and since you are clearly slow, that $0 also has a 0% interest rate.
We own the buildings free and clear so the profit is rent collected - taxes and expenses.
$~1200 per unit X 10 units X 12 months in a year = $144,000.
Taxes + expenses are slightly less than that you incompetent imbecile.
I had a renovation budget for 2018 of $0.
There is also $0 in loans and since you are clearly slow, that $0 also has a 0% interest rate.
We own the buildings free and clear so the profit is rent collected - taxes and expenses.
$~1200 per unit X 10 units X 12 months in a year = $144,000.
Taxes + expenses are slightly less than that you incompetent imbecile.
ON YOUR OWN ADMISSION even if you pay ZERO tax, have zero vacancies, require zero legal services, and have zero maintenance to do in 10 years (absolutely none of which will happen), it will take you NINE years to recover the capital.
I told you that you were miles out 14 months ago, and you chose to laught at me. In the real world with realistic costs, as I KNOW YOU NOW REALISE, itโs going to take 15-20 years to recover that capital.
Just take the L, learn some humility, remember no one ever learned anything by TALKING instead of LISTENING
2023 bertie awards 2024 nominations
https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
12-30-2018, 12:10 PM
-
#196
- vt2medellin
- Registered User
-
- vt2medellin
- Registered User
- Join Date: Sep 2015
- Location: United States
- Posts: 1,147
- Rep Power: 2151
-
-
Originally Posted By MrAWatts⏩
Upper class is just double whatever you make nowNah brah, middle class (180k). Goal is the escape middle class and get to upper class (350k) srs.
Formerly MedellnMiscer, Currently BostonMiscer
12-30-2018, 01:33 PM
-
#197
- nosirrahx
- Registered User
-
- nosirrahx
- Registered User
- Join Date: Sep 2013
- Location: United States
- Age: 51
- Posts: 14,623
- Rep Power: 106507
-
-
Originally Posted By samsbolton⏩
You should probably look that up then. If you buy rental property and have a positive balance when accounting for expenses drawing down rent collected, you have already recovered capital.I don't understand that real estate is an asset.
This is probably why you can't seem to fathom why people chose to go into real estate. You see buying a rental property as consuming and eliminating capital, not converting one from of capital into another.
You went on and on about housing crashing the last time you regaled us with your 'expert financial insight' and since I know you will go there again, here is my response to that again.
If housing prices are bad, I wont sell. I do not need the $ I am investing so there is no pressure to sell. The goal is to convert liquid assets into income.
So what have you accomplished since the first time you got all negative about real estate?
Clearly someone with your level of financial chops must have made moves since our initial conversation, so what were they?
I said I was going to do something, and I did it. For some reason this infuriates you and your shambles of an ego just can't let it go.
Eat in a deficit to lose weight.
Hit your protein and fat minimums to stay healthy and keep your gainz.
Lift heavy and do HIIT to look and feel awesome.
Use the internet to learn why you should do these things and how to do these things.
12-30-2018, 02:11 PM
-
#198
- samsbolton
- Registered User
-
- samsbolton
- Registered User
- Join Date: Jan 2006
- Location: United Kingdom (Great Britain)
- Age: 52
- Posts: 25,801
- Rep Power: 63497
-
-
Originally Posted By nosirrahx⏩
You know this perfectly well but Iโll say it one more time since you are congenitally incapable of admitting you were wrong.You should probably look that up then. If you buy rental property and have a positive balance when accounting for expenses drawing down rent collected, you have already recovered capital.
This is probably why you can't seem to fathom why people chose to go into real estate. You see buying a rental property as consuming and eliminating capital, not converting one from of capital into another.
You went on and on about housing crashing the last time you regaled us with your 'expert financial insight' and since I know you will go there again, here is my response to that again.
If housing prices are bad, I wont sell. I do not need the $ I am investing so there is no pressure to sell. The goal is to convert liquid assets into income.
So what have you accomplished since the first time you got all negative about real estate?
Clearly someone with your level of financial chops must have made moves since our initial conversation, so what were they?
I said I was going to do something, and I did it. For some reason this infuriates you and your shambles of an ego just can't let it go.
This is probably why you can't seem to fathom why people chose to go into real estate. You see buying a rental property as consuming and eliminating capital, not converting one from of capital into another.
You went on and on about housing crashing the last time you regaled us with your 'expert financial insight' and since I know you will go there again, here is my response to that again.
If housing prices are bad, I wont sell. I do not need the $ I am investing so there is no pressure to sell. The goal is to convert liquid assets into income.
So what have you accomplished since the first time you got all negative about real estate?
Clearly someone with your level of financial chops must have made moves since our initial conversation, so what were they?
I said I was going to do something, and I did it. For some reason this infuriates you and your shambles of an ego just can't let it go.
I HAVE NEVER, EVER, IN TWELVE YEARS ANYWHERE ON THIS SITE SAID PROPERTY WAS A BAD INVESTMENT.
**LINK ME WHERE I SAID THAT**
Or just admit you were lying.
Iโve done well personally as have many other miscers who werenโt unlucky enough to buy at the top or thought trailers were a good idea.
I took issue with you last year because your calculations were total rubbish, and I took the time to explain to you why.
You, of course, knew better, and chose to laugh at me and dismiss my experience.
Why, now, is it so difficult for you to just man up, say โyou know what I was a little over optimistic with my projections, I now realise that you did actually have practical experience and I should have listened a little more closely, sorryโ
This all speaks very badly as to your character as a man Iโm afraid. It takes a real man to admit when heโs wrong and learn from the experience. One day I promise you, you will wake up and realise that and stop being the charmless bore you are on here and Iโm positive you are in real life
2023 bertie awards 2024 nominations
https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
12-30-2018, 02:17 PM
-
#199
- nosirrahx
- Registered User
-
- nosirrahx
- Registered User
- Join Date: Sep 2013
- Location: United States
- Age: 51
- Posts: 14,623
- Rep Power: 106507
-
-
Originally Posted By samsbolton⏩
Sounds like a great time man.SillieBazzillie and I were sharing a bowl of paint chips and laughing about how smart we are.
Eat in a deficit to lose weight.
Hit your protein and fat minimums to stay healthy and keep your gainz.
Lift heavy and do HIIT to look and feel awesome.
Use the internet to learn why you should do these things and how to do these things.
12-30-2018, 02:18 PM
-
#200
- Motiviert
- Somebody's husband
-
- Motiviert
- Somebody's husband
- Join Date: Aug 2014
- Posts: 22,126
- Rep Power: 241108
-
-
I'm a fireman so that is a lot of money
I know who I am. And after all these years, thereโs a victory in that.
All liberals deserve death
*Proud member of the misc 767 & USA vs. Germany world cup ban
-People who say money can't buy happiness, have never paid the adoption fee at the pound and went home with a new best friend
*There's no such thing as a bad dog, only a bad dog owner
If you see myself and swoleyo in a thread, remind me to rep him.
12-30-2018, 02:32 PM
-
#201
- nosirrahx
- Registered User
-
- nosirrahx
- Registered User
- Join Date: Sep 2013
- Location: United States
- Age: 51
- Posts: 14,623
- Rep Power: 106507
-
-
Originally Posted By Motiviert⏩
Fireman is a pretty serious occupation. Anyone that runs towards the fire and bullets should make more than they do.I'm a fireman so that is a lot of money
Eat in a deficit to lose weight.
Hit your protein and fat minimums to stay healthy and keep your gainz.
Lift heavy and do HIIT to look and feel awesome.
Use the internet to learn why you should do these things and how to do these things.
12-30-2018, 02:44 PM
-
#202
- Motiviert
- Somebody's husband
-
- Motiviert
- Somebody's husband
- Join Date: Aug 2014
- Posts: 22,126
- Rep Power: 241108
-
-
Ah man that's very kind of you. But yeah these miscers can front all you want but 100k to me is alot
I know who I am. And after all these years, thereโs a victory in that.
All liberals deserve death
*Proud member of the misc 767 & USA vs. Germany world cup ban
-People who say money can't buy happiness, have never paid the adoption fee at the pound and went home with a new best friend
*There's no such thing as a bad dog, only a bad dog owner
If you see myself and swoleyo in a thread, remind me to rep him.
12-30-2018, 02:58 PM
-
#203
- Frank Drebin
- Cutting
-
- Frank Drebin
- Cutting
- Join Date: Jul 2007
- Location: Canada
- Posts: 24,590
- Rep Power: 86323
-
-
Originally Posted By nosirrahx⏩
yet there literally is a waiting list in every city. It's a sweet job for the most partFireman is a pretty serious occupation. Anyone that runs towards the fire and bullets should make more than they do.
12-30-2018, 03:04 PM
-
#204
Originally Posted By Frank
My brother is a firefighter and let me tell you, not in the south my friend. The pay is pretty atrocious for what they put their bodies through with the lack of sleep.yet there literally is a waiting list in every city. It's a sweet job for the most part
In pretty much every part of Virginia, aside from the DC area, the pay is ~40k-50k/year, and that is for an EMT/Firefighter. About 80% of the jobs they go on are bullchit 2am "my baby is dying but not really" or "I have a cold and I want you to take me to the hospital" calls.
In other parts of the country like Boston and San Francisco, there are firefighters pulling in over 200k, but with all the nepotism it's nearly impossible to get in.
Misc Entrepreneur Crew
12-30-2018, 03:09 PM
-
#205
- Motiviert
- Somebody's husband
-
- Motiviert
- Somebody's husband
- Join Date: Aug 2014
- Posts: 22,126
- Rep Power: 241108
-
-
Originally Posted By lockdev⏩
Any of you Cali,MASS,ect Bros have a spare bedroom?!?!?!My brother is a firefighter and let me tell you, not in the south my friend. The pay is pretty atrocious for what they put their bodies through with the lack of sleep.
In pretty much every part of Virginia, aside from the DC area, the pay is ~40k-50k/year, and that is for an EMT/Firefighter. About 80% of the jobs they go on are bullchit 2am "my baby is dying but not really" or "I have a cold and I want you to take me to the hospital" calls.
In other parts of the country like Boston and San Francisco, there are firefighters pulling in over 200k, but with all the nepotism it's nearly impossible to get in.
In pretty much every part of Virginia, aside from the DC area, the pay is ~40k-50k/year, and that is for an EMT/Firefighter. About 80% of the jobs they go on are bullchit 2am "my baby is dying but not really" or "I have a cold and I want you to take me to the hospital" calls.
In other parts of the country like Boston and San Francisco, there are firefighters pulling in over 200k, but with all the nepotism it's nearly impossible to get in.
I know who I am. And after all these years, thereโs a victory in that.
All liberals deserve death
*Proud member of the misc 767 & USA vs. Germany world cup ban
-People who say money can't buy happiness, have never paid the adoption fee at the pound and went home with a new best friend
*There's no such thing as a bad dog, only a bad dog owner
If you see myself and swoleyo in a thread, remind me to rep him.
01-01-2019, 04:17 AM
-
#206
- Hammersia
- I fluster Busta
-
- Hammersia
- I fluster Busta
- Join Date: Oct 2012
- Posts: 5,981
- Rep Power: 6379
-
-
Originally Posted By nosirrahx⏩
I'm not following completely - how do you happen to recently own 1.3 million dollars of buildings with no loans or mortgage ? Is this an Ashin type deal knowwhatimsaying?Genius, all 3 buildings were already renovated before any of this started. My brother renovated his years ago and the 2 I bought were renovated by the previous owner.
I had a renovation budget for 2018 of $0.
There is also $0 in loans and since you are clearly slow, that $0 also has a 0% interest rate.
We own the buildings free and clear so the profit is rent collected - taxes and expenses.
$~1200 per unit X 10 units X 12 months in a year = $144,000.
Taxes + expenses are slightly less than that you incompetent imbecile.
I had a renovation budget for 2018 of $0.
There is also $0 in loans and since you are clearly slow, that $0 also has a 0% interest rate.
We own the buildings free and clear so the profit is rent collected - taxes and expenses.
$~1200 per unit X 10 units X 12 months in a year = $144,000.
Taxes + expenses are slightly less than that you incompetent imbecile.
Lifetime Natty
Veteran Warrior of the Iron Game
01-01-2019, 05:23 AM
-
#207
- samsbolton
- Registered User
-
- samsbolton
- Registered User
- Join Date: Jan 2006
- Location: United Kingdom (Great Britain)
- Age: 52
- Posts: 25,801
- Rep Power: 63497
-
-
Originally Posted By Hammersia⏩
Are you not following? Heโs a really, really big deal(but sucks at basic maths)I'm not following completely - how do you happen to recently own 1.3 million dollars of buildings with no loans or mortgage ? Is this an Ashin type deal knowwhatimsaying?
2023 bertie awards 2024 nominations
https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
01-01-2019, 05:27 AM
-
#208
- Frank Drebin
- Cutting
-
- Frank Drebin
- Cutting
- Join Date: Jul 2007
- Location: Canada
- Posts: 24,590
- Rep Power: 86323
-
-
Originally Posted By lockdev⏩
Interesting. I know here in Edmonton its just as difficult to get in with the nepotism/selection process but the pay is around $70k, which is relatively poor as far as Edmonton goes. (For reference a teacher with 10 years exp makes approximately $100k here). I know a few guys through hockey that have been trying for years, doing EMT, being extremely fit etc and still not getting in.My brother is a firefighter and let me tell you, not in the south my friend. The pay is pretty atrocious for what they put their bodies through with the lack of sleep.
In pretty much every part of Virginia, aside from the DC area, the pay is ~40k-50k/year, and that is for an EMT/Firefighter. About 80% of the jobs they go on are bullchit 2am "my baby is dying but not really" or "I have a cold and I want you to take me to the hospital" calls.
In other parts of the country like Boston and San Francisco, there are firefighters pulling in over 200k, but with all the nepotism it's nearly impossible to get in.
In pretty much every part of Virginia, aside from the DC area, the pay is ~40k-50k/year, and that is for an EMT/Firefighter. About 80% of the jobs they go on are bullchit 2am "my baby is dying but not really" or "I have a cold and I want you to take me to the hospital" calls.
In other parts of the country like Boston and San Francisco, there are firefighters pulling in over 200k, but with all the nepotism it's nearly impossible to get in.
I suppose its a bit like being a police officer, if you have a junk or no college degree its a profession that allows you to make decent money and being a government job the pensions are amazing.
01-01-2019, 05:28 AM
-
#209
- Frank Drebin
- Cutting
-
- Frank Drebin
- Cutting
- Join Date: Jul 2007
- Location: Canada
- Posts: 24,590
- Rep Power: 86323
-
-
Originally Posted By Hammersia⏩
I think he had a business or something that he sold for millions, could be a different guy but I think its him.I'm not following completely - how do you happen to recently own 1.3 million dollars of buildings with no loans or mortgage ? Is this an Ashin type deal knowwhatimsaying?
01-01-2019, 06:01 AM
-
#210
- nosirrahx
- Registered User
-
- nosirrahx
- Registered User
- Join Date: Sep 2013
- Location: United States
- Age: 51
- Posts: 14,623
- Rep Power: 106507
-
-
Originally Posted By Hammersia⏩
Retired @ 40 from software industry. I have a lot of liquid assets but looking forward I decided it would be far more responsible to convert a good sized portion into passive income.I'm not following completely - how do you happen to recently own 1.3 million dollars of buildings with no loans or mortgage ? Is this an Ashin type deal knowwhatimsaying?
Currently we are divided 1:5 real estate : diversified portfolios. We don't have immediate plans to buy more real estate, I want to let this ride for a bit before we add more.
Originally Posted By Frank
Sold 35%, we (the executive team) collectively own 65% still. My personal stake is 10%.I think he had a business or something that he sold for millions, could be a different guy but I think its him.
Eat in a deficit to lose weight.
Hit your protein and fat minimums to stay healthy and keep your gainz.
Lift heavy and do HIIT to look and feel awesome.
Use the internet to learn why you should do these things and how to do these things.
Bookmarks
-
- Digg
-
- del.icio.us
-
- StumbleUpon
-
-
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts