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Forum ยป Post your reaction when someone says $150k is a lot of money (<$150k)
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Thread: Post your reaction when someone says $150k is a lot of money (<$150k)

post 1569626281 12-27-2018, 03:18 AM
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#181
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Originally Posted By MrAWatts⏩
LMAO brah we are all fukked when it comes to posting on the misc, nobody can ever run for public office.
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.

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
post 1569626361 12-27-2018, 03:21 AM
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#182
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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
post 1569626561 12-27-2018, 03:29 AM
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#183
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Gonna buy a 100k car this upcoming year dead srs
Losers let it happen, winners make it happen.

Nonsense Army Crew.
post 1569626831 12-27-2018, 03:43 AM
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#184
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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
post 1569627661 12-27-2018, 04:18 AM
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#185
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Originally Posted By Gt3x24x7⏩
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
And how much of his assets are now frozen with the U.S leaving the JCPOA?
post 1569627821 12-27-2018, 04:22 AM
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#186
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Originally Posted By DSTEE⏩
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.

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
Most people with a decent salary/reputation are bright enough to realise that. Not Awatts though
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post 1569628551 12-27-2018, 04:48 AM
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#187
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Originally Posted By samsbolton⏩
Most people with a decent salary/reputation are bright enough to realise that. Not Awatts though
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?

Money can buy a lot of things but not dignity and certainly not decorum or class.
post 1569628711 12-27-2018, 04:57 AM
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#188
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Originally Posted By Gt3x24x7⏩
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
I wouldnโ€™t live in Tehran if you paid me $100m
๐•ฎ๐–๐–†๐–˜๐–Š ๐–† ๐–ˆ๐–๐–Š๐–ˆ๐•ถ, ๐–“๐–Š๐–›๐–Š๐–— ๐–ˆ๐–๐–†๐–˜๐–Š ๐–† ๐–‡๐–Ž๐–™๐–ˆ๐–

โ–ˆโ–“โ–’โ–’โ–‘โ–‘๐ŸงตMake trolls invisible: https://forum.obnoxiousbrutes.com/showthread.php?t=180234573 โ–‘โ–‘โ–’โ–’โ–“โ–ˆ
post 1569631481 12-27-2018, 06:42 AM
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#189
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Originally Posted By samsbolton⏩
Total investment
$1,170,000
Originally Posted By samsbolton⏩
borrowings
0
Originally Posted By samsbolton⏩
overheads
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.
Originally Posted By samsbolton⏩
taxes
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.
Originally Posted By samsbolton⏩
vacancies
0/10
Originally Posted By samsbolton⏩
Purchase price and date
$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
Originally Posted By samsbolton⏩
approximate area?
Easthampton MA, all 3 buildings.
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post 1569631811 12-27-2018, 06:51 AM
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#190
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Originally Posted By Nonsense916⏩
Gonna buy a 100k car this upcoming year dead srs
There 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.
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.
post 1569868061 12-30-2018, 07:35 AM
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#191
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Originally Posted By nosirrahx⏩
$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.
Since Iโ€™m temporararily unbanned, Iโ€™ll point out this doesnโ€™t add up.

Your brother bought the duplex years ago. If the other duplex is 300k, thatโ€™s the number Iโ€™ll go with

That puts you at 1.3 million BEFORE renovations. Of course, that number could be anything. I wonder why you donโ€™t mention it?

You arenโ€™t using a property agent, which is nuts with no experience, but as with all things Iโ€™m sure you know best.

Taxes are going to crush your returns, especially with no mortgage interest to offset.

Without rereading the previous thread, Iโ€™m pretty sure you told me you would recover your capital in 8-10 years. Itโ€™s obvious you wonโ€™t, 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 isnโ€™t 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 donโ€™t believe in) would now go a long way I feel.
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post 1569868111 12-30-2018, 07:36 AM
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#192
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Originally Posted By nosirrahx⏩
There 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.
Nobody asked
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post 1569877691 12-30-2018, 10:08 AM
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#193
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Originally Posted By samsbolton⏩
Rambling from a guy who clearly has 0 reading comprehension.
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.
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.
post 1569878991 12-30-2018, 10:31 AM
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#194
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Originally Posted By nosirrahx⏩
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.
lol legit didn't read a single word he wrote either brah
***Strong 2nd Reply Crew***
post 1569881991 12-30-2018, 11:26 AM
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#195
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Originally Posted By nosirrahx⏩
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.
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.

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, itโ€™s 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
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post 1569884631 12-30-2018, 12:10 PM
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#196
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Originally Posted By MrAWatts⏩
Nah brah, middle class (180k). Goal is the escape middle class and get to upper class (350k) srs.
Upper class is just double whatever you make now
Formerly MedellnMiscer, Currently BostonMiscer
post 1569890351 12-30-2018, 01:33 PM
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#197
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Originally Posted By samsbolton⏩
I don't understand that real estate is an asset.
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.
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.
post 1569893141 12-30-2018, 02:11 PM
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#198
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Originally Posted By nosirrahx⏩
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.
You know this perfectly well but Iโ€™ll say it one more time since you are congenitally incapable of admitting you were wrong.

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.

Iโ€™ve done well personally as have many other miscers who werenโ€™t 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 โ€˜you 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 Iโ€™m afraid. It takes a real man to admit when heโ€™s 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 Iโ€™m positive you are in real life
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post 1569893481 12-30-2018, 02:17 PM
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#199
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Originally Posted By samsbolton⏩
SillieBazzillie and I were sharing a bowl of paint chips and laughing about how smart we are.
Sounds like a great time man.
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.
post 1569893531 12-30-2018, 02:18 PM
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#200
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I'm a fireman so that is a lot of money
I know who I am. And after all these years, thereโ€™s a victory in that.

All liberals deserve death

*Proud member of the misc 767 & USA vs. Germany world cup ban
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post 1569894581 12-30-2018, 02:32 PM
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#201
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Originally Posted By Motiviert⏩
I'm a fireman so that is a lot of money
Fireman is a pretty serious occupation. Anyone that runs towards the fire and bullets should make more than they do.
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.
post 1569895211 12-30-2018, 02:44 PM
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#202
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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, thereโ€™s 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.
post 1569896231 12-30-2018, 02:58 PM
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#203
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Originally Posted By nosirrahx⏩
Fireman is a pretty serious occupation. Anyone that runs towards the fire and bullets should make more than they do.
yet there literally is a waiting list in every city. It's a sweet job for the most part
post 1569896671 12-30-2018, 03:04 PM
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Originally Posted By Frank
yet there literally is a waiting list in every city. It's a sweet job for the most part
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.
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post 1569897151 12-30-2018, 03:09 PM
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Originally Posted By lockdev⏩
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.
Any of you Cali,MASS,ect Bros have a spare bedroom?!?!?!
I know who I am. And after all these years, thereโ€™s 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

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post 1570015131 01-01-2019, 04:17 AM
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#206
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Originally Posted By nosirrahx⏩
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'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?
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post 1570016181 01-01-2019, 05:23 AM
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#207
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Originally Posted By Hammersia⏩
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?
Are you not following? Heโ€™s a really, really big deal(but sucks at basic maths)
2023 bertie awards 2024 nominations

https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
post 1570016231 01-01-2019, 05:27 AM
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#208
  1. Frank Drebin
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  1. Frank Drebin
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Originally Posted By lockdev⏩
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.
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.

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.
post 1570016251 01-01-2019, 05:28 AM
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#209
  1. Frank Drebin
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  1. Frank Drebin
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Originally Posted By Hammersia⏩
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?
I think he had a business or something that he sold for millions, could be a different guy but I think its him.
post 1570016901 01-01-2019, 06:01 AM
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#210
  1. nosirrahx
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  1. nosirrahx
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Originally Posted By Hammersia⏩
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?
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.

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
I think he had a business or something that he sold for millions, could be a different guy but I think its him.
Sold 35%, we (the executive team) collectively own 65% still. My personal stake is 10%.
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.
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