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  • #16
    Originally posted by THE BOUNCER View Post
    you do have a point. sana makes about 110k a year and she pretty much works 12 hour days without hardly even a lunch brake.

    she does go to the gym in the morning like 3 times a week but its hard for her.
    I really want to start buying multi-family homes and get renters; a friend I know started that and he hasn't worked in years now. Told my friend we should split a 3 family home live in one section and rent out the other two then in a couple years buy another one; and so on and so on. you get like 5 or 6 of those you'd be pulling about 14,400 a month by doing rough estimates of course without figuring repair expenses. But with my background in housing construction I could do most of the repairs anyways.

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    • #17
      Originally posted by the art of war View Post
      that thinking kept me slammin dope for years bro - now granted we are different people, but I'm saying - you can't live in fear (not trying insult you by phrasing it that way) you have to embrace each day, live that day, squeeze whatever is put in front of you, some things squeeze more than others :hibb:
      :clapback:

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      • #18
        Originally posted by THE BOUNCER View Post
        yup, no doubt about it.

        you must make room for other things.

        think about something you like doing, lets say you like going to the beach. now imagine literally being at the beach 24/7. that shit would get old after about a day no matter how much you scream "i am 100% dedicated to this beach bitch!!" :rofl:
        The "Beach" Master :rofl:

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        • #19
          Originally posted by Konitz View Post
          I really want to start buying multi-family homes and get renters; a friend I know started that and he hasn't worked in years now. Told my friend we should split a 3 family home live in one section and rent out the other two then in a couple years buy another one; and so on and so on. you get like 5 or 6 of those you'd be pulling about 14,400 a month by doing rough estimates of course without figuring repair expenses. But with my background in housing construction I could do most of the repairs anyways.
          that freaks me out - I hope to own my first house end of 25, and have one rented same time, even lined up a landlord etc in the area I'm looking to purchase the rental. I just refuse to take a loan out, so it will be a few.

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          • #20
            You must have a shitload more money than I. No way I could just go buy a house with straight cash.

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            • #21
              Originally posted by Konitz View Post
              I really want to start buying multi-family homes and get renters; a friend I know started that and he hasn't worked in years now. Told my friend we should split a 3 family home live in one section and rent out the other two then in a couple years buy another one; and so on and so on. you get like 5 or 6 of those you'd be pulling about 14,400 a month by doing rough estimates of course without figuring repair expenses. But with my background in housing construction I could do most of the repairs anyways.
              yea, just remember that to make money you have to spend money. think of the few months you wont have renters etc.. make sure you weigh the options before jumping in head first.

              we rent out our townhouse in raleigh and have renters most of the time. but a year and a half ago the renters contract was up and our renters moved out. they fucked the house up a bit. we had to replace the carpets, re paint all the walls, get the dish washer fixed etc.. the renters didnt get their deposit money back but we still had to put out around 4k to fix the place up. on top of that it took 3 months to find new renters to sign a year and a half contract. so during that time we had to pay the mortgage for those 3 months. came out to around 4k on that alone. so if you figure in the 4k for repairs and the mortgage that comes out to 8k for 3 months! :retard:

              we make money on the place now but we definitely had to put the money out to do so.

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              • #22
                Originally posted by Konitz View Post
                You must have a shitload more money than I. No way I could just go buy a house with straight cash.
                just don't take a loan out right bro .. trust me on that. And I have money that I'll use for housing etc, business, not money to blow.

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                • #23
                  Originally posted by the art of war View Post
                  that freaks me out - I hope to own my first house end of 25
                  i owned my first house at 22 son!

                  ok its sanas house but its still mine too! :rofl:

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                  • #24
                    Originally posted by THE BOUNCER View Post
                    yea, just remember that to make money you have to spend money. think of the few months you wont have renters etc.. make sure you weigh the options before jumping in head first.

                    we rent out our townhouse in raleigh and have renters most of the time. but a year and a half ago the renters contract was up and our renters moved out. they fucked the house up a bit. we had to replace the carpets, re paint all the walls, get the dish washer fixed etc.. the renters didnt get their deposit money back but we still had to put out around 4k to fix the place up. on top of that it took 3 months to find new renters to sign a year and a half contract. so during that time we had to pay the mortgage for those 3 months. came out to around 4k on that alone. so if you figure in the 4k for repairs and the mortgage that comes out to 8k for 3 months! :retard:

                    we make money on the place now but we definitely had to put the money out to do so.
                    yeah when I was 19 I shared a house w/5 other guys, it was fucking insanity, blew up walls, doors were shattered - shit was out of control. Like I said, you need a good landlord and even while I aim to own the rental in a college town - I will sure as fuck throw any hippy piece of shit out on his ass if he starts to mess with my curtains n what not.

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                    • #25
                      Originally posted by THE BOUNCER View Post
                      i owned my first house at 22 son!

                      ok its sanas house but its still mine too! :rofl:
                      When I own two and the titles are my name and not a chicas, I'll get back to you to brag, right now I'll sit and wait for the months to tick down.:hibb:

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                      • #26
                        Originally posted by the art of war View Post
                        yeah when I was 19 I shared a house w/5 other guys, it was fucking insanity, blew up walls, doors were shattered - shit was out of control. Like I said, you need a good landlord and even while I aim to own the rental in a college town - I will sure as fuck throw any hippy piece of shit out on his ass if he starts to mess with my curtains n what not.
                        yea, we have a company find the renters and take care of the property for us. we are 600 some miles away from the place so we cant be checking up on it etc..

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                        • #27
                          Originally posted by the art of war View Post
                          When I own two and the titles are my name and not a chicas, I'll get back to you to brag, right now I'll sit and wait for the months to tick down.:hibb:
                          dont hate. :weights:

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                          • #28
                            Originally posted by THE BOUNCER View Post
                            yea, we have a company find the renters and take care of the property for us. we are 600 some miles away from the place so we cant be checking up on it etc..
                            yup ... Im aiming for syracuse area and I won't live near that place - I'm going to somewhere I enjoy life. I'd much rather pay the money, and if somebody needs to have knees broken I will call bouncers guido wrecking crew.

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                            • #29
                              we had one family renting the place. nice family but fucken dirty. their dog was infested with flees and they had left wet clothes in the washer.

                              this family had a good income and nice jobs etc..

                              people are fucken dirty.

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                              • #30
                                Originally posted by THE BOUNCER View Post
                                yea, just remember that to make money you have to spend money. think of the few months you wont have renters etc.. make sure you weigh the options before jumping in head first.

                                we rent out our townhouse in raleigh and have renters most of the time. but a year and a half ago the renters contract was up and our renters moved out. they fucked the house up a bit. we had to replace the carpets, re paint all the walls, get the dish washer fixed etc.. the renters didnt get their deposit money back but we still had to put out around 4k to fix the place up. on top of that it took 3 months to find new renters to sign a year and a half contract. so during that time we had to pay the mortgage for those 3 months. came out to around 4k on that alone. so if you figure in the 4k for repairs and the mortgage that comes out to 8k for 3 months! :retard:

                                we make money on the place now but we definitely had to put the money out to do so.
                                The college where I live is always looking for off campus living; and the kids live in these shit holes so you wouldn't even have to keep the shit nice; slum lord style.

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