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» Ok....I'll admit this is a 'flex' but it is a good one (pic)
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post 1644513513 08-08-2021, 11:14 AM
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#121
  1. induced_drag
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Originally Posted By frezKo
God damn mirin OP.

Any tips on buying a investment/rental property? Any good learning websites/courses?

I want to buy a fixer upper but unsure where to start. And which contractor's to trust to do the improvements.

Any tips would be greatly appreciated. I have about 200k available now for a down payment and going to save up another 70k while living with my parents for a year.
I taught myself realestate investing. I had no choice. With the economy crashing in 09, I had to find some way to make money. I cashed out all the retirements and kids college funds, and sold everything I could to get enough cash to start buying and flipping properties. When I had enough, I started buying rentals cash, since at the time no back would finance. I read about property management, real-estate contracts and just did it all myself. Only thing I have ever known is just figure it out.
Originally Posted By JoeDelts
Even better He's a tradie who made it. Misc all kinds of shook right now.
Never understood the whole 'tradie' thing. I have no debt, several million in rental properties and real estate which would more than cover my living expenses if I decided I wanted to stop working today. I still go and unplug toilets myself at my rentals. Even pulled gobs of tampons that plugged the sewer line on one that a tenants daughter thought she could just flush down. I am above no job. I still cut my own lawn, and do my own landscaping at my home. If I can do it, I have no problem doing so. If that makes me a 'tradie' I am kinda proud to be one....
RAW lifts
635 Dead http://www.youtube.com/watch?v=mATRBZ0gwdg
585x7 Dead reps http://www.youtube.com/watch?v=6yf2ZkdNNNQ
420 Bench (paused) http://www.youtube.com/watch?v=MJ2_Q-TLIB8
535 Squat https://www.youtube.com/watch?v=kdgVaiTi4-8&feature=youtu.be
post 1644513613 08-08-2021, 11:17 AM
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#122
  1. WishIWasJawBrah
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You ever cheat on your wife?
post 1644513903 08-08-2021, 11:22 AM
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#123
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as a car guy really mirin'

but also it seems that you might end up climate change just on your own.

not srs mirin'
post 1644515053 08-08-2021, 11:40 AM
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#124
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Originally Posted By induced_drag
LONG post alert but attempt to actually be serious which might not fly here in the misc. Read if you were sincere about wanting advice. This is me....and I hope I can help someone out. I had no one to tell me the way. The important way in life, which is to peruse happiness and not wealth.
.
.
.
TLDR.... Stuff does not mean sh!t
Nothing you buy can make you happy.
Strive to be a good friend, a good husband, a good father....that is something to be proud of.
IF...money comes with that, cool. But I take happiness over money any day
This should be stickied at top of misc
post 1644516353 08-08-2021, 12:01 PM
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#125
  1. GainzMcgee
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Originally Posted By induced_drag
I used to own a few and a Hughes 500. Have not flown in a while and moved on to cheaper hobbies.





100% wrong. This kills me and seen it 100 times. So many experts. Well....not a car there is financed and neither is mine. All you 'smart money' people dont actually understand. There is also a mentality about 'toys'.

So to answer you, and I know....not a car there is leased or financed. And quite a few of those guys have 4 and 5 cars like that.

The front car SVJ also owns the yellow huracan on the left. The 2nd SVJ also own the STO in the middle at the back of the line. First one delivered in the US just weeks ago. The 3rd SVJ also brought his GT2RS Gray one in the back behind the red and blue GT3 which you can barely see. So you can go tell this whole group how dumb they are.....
Its funny people who dont have money trying to tell everyone else how to live, lmfaoo classic Misc "finance crew"
post 1644519923 08-08-2021, 12:53 PM
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#126
  1. OneLegSquats
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A lot of salty plebs ITT. Cool pic op
post 1644520423 08-08-2021, 01:02 PM
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#127
  1. induced_drag
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In the MAX flex continuance..... (but this is cool too), I thought I'd share a quick little flying vid. This is me 12 years ago. Lots less gray hair and more of it. (as some people in this thread seem fixated on hairlines for some reason). I'm an italian man....so it's pretty much a fixed path regardless

Anway....if I won the lottery, this is the only thing I might do different. I'd go buy another helo. Cant really justify it at this stage I am in of my life. I could swing, it, but playing with cars is MANY times cheaper and more predictable. But, this is where my true passion lies and I hope it does not come off wrong, but flying in and out of your own back yard is a lot of fun

Throw back....I am the guy on the right obviously. Flying my buddy and his kid (who is now in college!)

If you get bored, skip to the 3:00 mark for a strafing run and RTT (return to target) turn. Nose straight up till you stop and kick it around and go right back from where you came. Only think I was missing was the machine gun pod!

RAW lifts
635 Dead http://www.youtube.com/watch?v=mATRBZ0gwdg
585x7 Dead reps http://www.youtube.com/watch?v=6yf2ZkdNNNQ
420 Bench (paused) http://www.youtube.com/watch?v=MJ2_Q-TLIB8
535 Squat https://www.youtube.com/watch?v=kdgVaiTi4-8&feature=youtu.be
post 1644520643 08-08-2021, 01:06 PM
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#128
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wow

mirin life
post 1644521033 08-08-2021, 01:16 PM
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#129
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How about doing plane flying lessons and just get a nice used Cessna or rent one. Must be cheaper than helo's
post 1644536783 08-08-2021, 05:55 PM
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#130
  1. induced_drag
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Planes and Helos are very different. I had thought of buying an airplane just for travel, but there is not a lot of fun in flying airplanes. They are quite practical though. But I dont have a need for one, and my wife would not be big on using it.

Helos are just different and they do things only helos can do. I hold both a commercial and instructor rating, but I dont want to 'work' it. In the end, the ship I would want would cost close to 750-900, and fixed costs, hangarage, insurance, and annual inspections would set me back about 35k annually and that is before you even fly. The cost per hour including maint reserve and direct costs are about 400/ hour, so if I flew 100 hours a year that would be 40k more. Helos are not cheap.

No worries. It is good to not have everything you could want. When my kids get through school, I can make that decision if I want to go back to owning one. I am not sweating it....
RAW lifts
635 Dead http://www.youtube.com/watch?v=mATRBZ0gwdg
585x7 Dead reps http://www.youtube.com/watch?v=6yf2ZkdNNNQ
420 Bench (paused) http://www.youtube.com/watch?v=MJ2_Q-TLIB8
535 Squat https://www.youtube.com/watch?v=kdgVaiTi4-8&feature=youtu.be
post 1644537203 08-08-2021, 06:02 PM
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#131
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Originally Posted By induced_drag
TLDR.... Stuff does not mean sh!t
Nothing you buy can make you happy.
Strive to be a good friend, a good husband, a good father....that is something to be proud of.
IF...money comes with that, cool. But I take happiness over money any day
Repped.
God bless you and yours brother
We’re all gonna make it boyos, srs
Sloots Gon Sloot.
post 1644539283 08-08-2021, 06:35 PM
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#132
  1. Godfrd824
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Originally Posted By induced_drag
I used to own a few and a Hughes 500. Have not flown in a while and moved on to cheaper hobbies.





100% wrong. This kills me and seen it 100 times. So many experts. Well....not a car there is financed and neither is mine. All you 'smart money' people dont actually understand. There is also a mentality about 'toys'.

So to answer you, and I know....not a car there is leased or financed. And quite a few of those guys have 4 and 5 cars like that.

The front car SVJ also owns the yellow huracan on the left. The 2nd SVJ also own the STO in the middle at the back of the line. First one delivered in the US just weeks ago. The 3rd SVJ also brought his GT2RS Gray one in the back behind the red and blue GT3 which you can barely see. So you can go tell this whole group how dumb they are.....
Please explain this further, I'm a poverton, and I can't see myself putting down $200k on what amounts to exactly as you stated, a toy. I'd lease it for a year, get bored, and get something else, rinse and repeat.

And seriously, how much do you guys make, and what do you do. Between my wife and I we're at almost $300k/y, and I drive a Kia.
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.
post 1644540343 08-08-2021, 06:51 PM
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#133
  1. induced_drag
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Originally Posted By Godfrd824
Please explain this further, I'm a poverton, and I can't see myself putting down $200k on what amounts to exactly as you stated, a toy. I'd lease it for a year, get bored, and get something else, rinse and repeat.

And seriously, how much do you guys make, and what do you do. Between my wife and I we're at almost $300k/y, and I drive a Kia.
The reason you will be in debt is exactly because you would do something so dumb. Tough love brother. Sounds to me like you cant afford it. Just accept that and move on using that for better goals.

First off....I drive a Kia also. No shame in my game. Our mini van got totaled and I needed a soccer car and something to travel in. Bought a sorrento and it is my FAVORITE suv I have ever owned. I get my balls busted about it...but I dont care I love it.

Biggest flex of this thread right here!


I keep getting asked 'how did you do it'...etc. What investments did you make...etc. The simple answer is none. I always invested in myself. I did have a retirement, but I had to cash it in in 2010 to gets some chips to get in the game. I did what I always do. I invested in myself.

This next part I recognize most cant or wont do. I never had debt. Only debt I ever had was student loan that I defaulted on. After I got my act together, got it paid off, I made a commitment to NEVER buy anything until I could pay for it. I get that this is unrealistic for most. I have never had a loan since. Never had a morgatage, never had a car payment.

It was not always easy, and for many years I lived pretty modestly. My first apartment, I could not afford furniture. I helped a person clean out a storage unit, and asked if I could have a school chair with the built in arm. That was my breakfast table in my apartment. 100% serious on my life. My first year in the 95 degree south, I never turned on the AC in the apartment because I had to save money.

So hard to remember that hungry kid now. I could not imagine being like that. But I came from nothing and I did not spend any money unless I had to. That is what started me on the path of paying for things as I went.

As my business grew, I was able to pay for my first home as I built it. I have done that with every home since. Never had a mortgage.


I have other friends who are self made. We look at things differently. We see the other people and we say they are in the 'Matrix'. They dont see their own prisons the create for themselves in the systems that the main stream work force put in place to make them think they are getting ahead, but really they are enslaved.

That is going off the deep end a little, but I get a lot of people wont understand.

If I were in your shoes, I would look to do real estate investment. Keep your credit up good. Your income is great. Being self employed, it is very hard to get financing. With a w2 like that, you can be good if you manage it. There are different paths to take. In the end, real estate is a great one for about everyone, and there are different approaches.
RAW lifts
635 Dead http://www.youtube.com/watch?v=mATRBZ0gwdg
585x7 Dead reps http://www.youtube.com/watch?v=6yf2ZkdNNNQ
420 Bench (paused) http://www.youtube.com/watch?v=MJ2_Q-TLIB8
535 Squat https://www.youtube.com/watch?v=kdgVaiTi4-8&feature=youtu.be
post 1644541683 08-08-2021, 07:17 PM
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#134
  1. Godfrd824
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Originally Posted By induced_drag
The reason you will be in debt is exactly because you would do something so dumb. Tough love brother. Sounds to me like you cant afford it. Just accept that and move on using that for better goals.

First off....I drive a Kia also. No shame in my game. Our mini van got totaled and I needed a soccer car and something to travel in. Bought a sorrento and it is my FAVORITE suv I have ever owned. I get my balls busted about it...but I dont care I love it.

Biggest flex of this thread right here!


I keep getting asked 'how did you do it'...etc. What investments did you make...etc. The simple answer is none. I always invested in myself. I did have a retirement, but I had to cash it in in 2010 to gets some chips to get in the game. I did what I always do. I invested in myself.

This next part I recognize most cant or wont do. I never had debt. Only debt I ever had was student loan that I defaulted on. After I got my act together, got it paid off, I made a commitment to NEVER buy anything until I could pay for it. I get that this is unrealistic for most. I have never had a loan since. Never had a morgatage, never had a car payment.

It was not always easy, and for many years I lived pretty modestly. My first apartment, I could not afford furniture. I helped a person clean out a storage unit, and asked if I could have a school chair with the built in arm. That was my breakfast table in my apartment. 100% serious on my life. My first year in the 95 degree south, I never turned on the AC in the apartment because I had to save money.

So hard to remember that hungry kid now. I could not imagine being like that. But I came from nothing and I did not spend any money unless I had to. That is what started me on the path of paying for things as I went.

As my business grew, I was able to pay for my first home as I built it. I have done that with every home since. Never had a mortgage.


I have other friends who are self made. We look at things differently. We see the other people and we say they are in the 'Matrix'. They dont see their own prisons the create for themselves in the systems that the main stream work force put in place to make them think they are getting ahead, but really they are enslaved.

That is going off the deep end a little, but I get a lot of people wont understand.

If I were in your shoes, I would look to do real estate investment. Keep your credit up good. Your income is great. Being self employed, it is very hard to get financing. With a w2 like that, you can be good if you manage it. There are different paths to take. In the end, real estate is a great one for about everyone, and there are different approaches.
I would never spend so much on a car. I'm already trying the real estate thing, just bought my second home. At the end of the day, all I want is to be able to enjoy my time with my family. I'm glad that you've been able to achieve most things that you've wanted in life. We're all gonna make it.
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.
post 1644545123 08-08-2021, 08:37 PM
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#135
  1. Slavbrahh
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Reps for fellow Lamborghini owner.

Bought myself a Lamborghini Huracan Performante in 2019 (srs). Fukn love it to death.

Got some 1016 Industries forged carbon goodies (mirror caps & side vents) that I'm yet to install since I'm waiting on Novitec to send me forged carbon side skirts - gonna have Lamborghini install them in one hit rather than fukc around.

PS. it's knuckleheads that say exotic cars aren't owned outright.
People with big money buy their toys outright.
People with a bit of money have their cars on lease / finance to seem like the have big money.
македонски генетика.

мајка русија.

MAGA.
post 1644545453 08-08-2021, 08:44 PM
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#136
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OG misc helping the cause #MMGA

OP dasitmane
* Eggs and Rice crew *
* No Washcloth Crew *

Sloots in jail are hnnnggggg

Strange hobbies

#FREEPH*GGOT

MMGA
post 1644548293 08-08-2021, 09:43 PM
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#137
  1. Slavbrahh
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Originally Posted By -
Tell me you know nothing about Finance without telling me you know nothing about Finance.
Why would someone with money buy a toy on finance... You're literally paying more for the vehicle than what it's actually worth.
македонски генетика.

мајка русија.

MAGA.
post 1644552573 08-08-2021, 11:41 PM
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#138
  1. eatmycrackers
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Originally Posted By Slavbrahh
Why would someone with money buy a toy on finance... You're literally paying more for the vehicle than what it's actually worth.
Example I’m a prime customer with extremely strong DTI (debt to income ratio is the key ratio for auto lending) I can get a near 0% interest rate think 1.9% APR

I take my quarter mil and invest it in literally anything and make 12%.. over the course of 5 years your 10% interest arbitrage nets you $152,627. Before some smart ass says 12% is hard to get even my chitty 401k index funds have made that historically

I will say there is peace of mind in owning outright however and with exotics maintenance is another factor to consider. Owning the car outright makes the $5-10k engine-out service hurt a little less
Posts are for fun, not to be taken seriously or as truth.

Angie Varona Appreciation Club Founder
post 1644552793 08-08-2021, 11:50 PM
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#139
  1. Ravishing_Rick
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brah invite me out
*۩*legendary misc status*۩*
No Sloot Can Hurt A Man With Options~ Ravishing_Rick
all my bishes foreign PSN Ravishing_Rick
*No Porn Crew*
onlyfans/ricosmoovey
post 1644553063 08-09-2021, 12:02 AM
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#140
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can't wait to go to my 8-5 job tomorrow where i'll eat my PB&J and drink whey protein while i think about this miscer and his fast cars and hot wife
**Birth, Sickness, Old-Age, and Death Crew**
post 1644562163 08-09-2021, 06:27 AM
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#141
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Steroids, blonde bimbo wife, Lamborghini, flexing on social media

I can smell the insecurity through my phone lmfao
post 1644562703 08-09-2021, 06:42 AM
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#142
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im more impressed by what people can do than what they can buy, but whatevs..

id also point out that unless you literally grew up with a guy, you really dont know who is self made and who claims they are but forgot the odd family seven figure loan or eight figure inheritance
2023 bertie awards 2024 nominations

https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
post 1644562973 08-09-2021, 06:50 AM
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#143
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I dont know what happened to my fascination with supercars. I am a HUGE car guy, still watch almost every single car review that hits the market, still go to car meets but my desire and fascination with supercars is completely gone. I could have a billion dollars in the bank and wouldnt buy one...

I think it has something to do with the fact that reasonable cars (around a 100k) are so ludicrously good and have so much HP that average person cant come close to their limits on a track without years of training and experience. Why would I spend 300k - 500k on a "supercar" when a c8 is ludicrous for most people. Heck most people cant push a Miata around the track let alone a C8.

...anyone else in this same boat..I kind of missing having a Ferrari or Lambo stop me in my tracks. Feel like I lost a piece of my childhood.
post 1644563083 08-09-2021, 06:53 AM
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#144
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GJDM, OP is a miscer tradie who made it. OP if you under 6ft then would be a miscer tradie manlet who made it against the odds


Nice life perspective, but what's the motivation behind celltech? juice routine?
Lifting Crew
post 1644564203 08-09-2021, 07:15 AM
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#145
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Originally Posted By Scarrdbutsmartr
I dont know what happened to my fascination with supercars. I am a HUGE car guy, still watch almost every single car review that hits the market, still go to car meets but my desire and fascination with supercars is completely gone. I could have a billion dollars in the bank and wouldnt buy one...

I think it has something to do with the fact that reasonable cars (around a 100k) are so ludicrously good and have so much HP that average person cant come close to their limits on a track without years of training and experience. Why would I spend 300k - 500k on a "supercar" when a c8 is ludicrous for most people. Heck most people cant push a Miata around the track let alone a C8.

...anyone else in this same boat..I kind of missing having a Ferrari or Lambo stop me in my tracks. Feel like I lost a piece of my childhood.
it might be partly that

but I also think its that when i was growing up, i think ONE parent at my school had a 'rari. It was a thing. Now, in my perfectly average apartment garage, every other car is a Maserati, an M5, or a Porsche. Every 'exotic' is made in far bigger numbers than a decade or two ago. Hardly anything turns my head now
2023 bertie awards 2024 nominations

https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
post 1644565663 08-09-2021, 07:44 AM
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#146
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Originally Posted By CrookedDink
Aventadors are mogging everything else
This right here


One of the GOAT's in terms of road presence IMO.
rumpler of stiltskins

"I'm not afraid to die, I'm afraid I'll survive and have to watch you suffer" - Thy Art Is Murder

"Life will cease so breathe deep" - Lorna Shore
post 1644566023 08-09-2021, 07:50 AM
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#147
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Pretty clear by the replies ITT who is content with their lives and achievements and/or focused on improvement vs those that are miserable and desire only to drag others down to their level rather than bring themselves up.

That meet up is wild OP, and I would be a liar if I said I wasn't a little jelly of your toys/home/lifestyle, but I'm also mirin the strong family unit you and your wife have built. GJDM, you have truly made it.
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post 1644566593 08-09-2021, 08:02 AM
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#148
  1. induced_drag
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  1. induced_drag
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Originally Posted By Scarrdbutsmartr
anyone else in this same boat..I kind of missing having a Ferrari or Lambo stop me in my tracks. Feel like I lost a piece of my childhood.
Used to be exactly the same way.  I could have gave 2-sh!ts about fast cars...etc.   I liked them in my 20's but kinda was 'over it'.    My son since he was born was facinated with cars.  It was not me pushing it on him.  As he grew up, he started to know every name...etc.   It is through his fascination that my excitement was renewed.   Really a fun and rewarding thing.   He is the last of my kids and he and I are on this journey together.

Again...my 'stuff means nothing' comment.    I find what I enjoy most out of the car thing, is everything else it brings to my life.   We do charity events for kids.   Recently did an event at our big childrens cancer hospital.  My son was with me.   And to see these kids who are wheelchair bound, and covered in blankets in the middle of summer, smile and give a thumbs up and ask us to start the cars and rev them up.  Hard to explain.  It is heat breaking to see  but those kids are not sad.  They are smiling.  What a punch in the head at the bravery and wisdom that comes from these warriors.  I am humbled to be able to do that and share those moments with my son.





RAW lifts
635 Dead http://www.youtube.com/watch?v=mATRBZ0gwdg
585x7 Dead reps http://www.youtube.com/watch?v=6yf2ZkdNNNQ
420 Bench (paused) http://www.youtube.com/watch?v=MJ2_Q-TLIB8
535 Squat https://www.youtube.com/watch?v=kdgVaiTi4-8&feature=youtu.be
post 1644567373 08-09-2021, 08:19 AM
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#149
  1. Clockbro
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Good thread

OP dishing out good advice and showing the results
post 1644567943 08-09-2021, 08:29 AM
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#150
  1. samsbolton
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Originally Posted By 78novacaine
Pretty clear by the replies ITT who is content with their lives and achievements and/or focused on improvement vs those that are miserable and desire only to drag others down to their level rather than bring themselves up
if this was a bunch of women comparing LV and Gucci handbags we'd all be laughing at them.

You have a nice car? great, enjoy it. Meeting a bunch of other people with the same thing? Daft
2023 bertie awards 2024 nominations

https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
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