Recently I was asked how I scaled my business from $20k-$30k/mo to $100k-$150k/mo
In the service industry, the best ability is availability.
There is zero cost for me to bring on an independent contractor. Adding to my fulfillment network is easy.
I am booked out 1-2 days
@LPinFinance
Private mortgage insurance is for purchases with less than 20% as a downpayment
Not every home has HOA fees
Not every home is rent controlled. Your landlord can increase (substantially) your rent YoY
Landlord can decide to sell the home
Renting vs buying is as much of a
@LPinFinance
Wait…you said “I’ll be sure to remind them all the hidden cost of being a homeowner”
Then you list popular talking points that pro-renters preach
You took the convo away from *YOU* and turned it into *HOMEOWNERS*
Idc what you do. But you’re a financial advisor with a
@vrexec
Ngl…it’s a great look.
My area has plenty of Victorian, Tudor, and mid century modern homes. And honesty, I like the look of these the best.
Clean. Simple. Love it
@TennisonEddie
Never understood why people think a 3% mortgage is “free money”.
You’ll pay $200k in interest on a 30 year $400k mortgage
Paying down debt aggressively while holding onto cash is a good thing
@unusual_whales
Can say the same as a millennial.
I remember starting salaries being around $19k-$25k per year when I got out of college in 06.
Millennials mastered living on our own by having 6 roommates in a 4BR apartment
@SMB_Attorney
She’s combative and they have unreasonable expectations.
Laying someone off 4 months into a job and citing “performance issues” is laughable.
But recording your layoff and demanding to know about others is ridiculous
Bad employee. Worse company.
@ChrisJBakke
The penalty for using acronyms like “EoD” should result in “end of December”.
Plus, how can you work during the holiday season? Now is the time reset for 2024
@jayacunzo
I just got back from Europe and the one thing, besides food, that Europeans have over Americans is their family values and culture.
Parents were out with their friends and kids at 10pm at night. Everyone was socializing and having a good time.
Meanwhile, in America, we
@theficouple
This is such a huge myth
If you report $500k/year, have a profitable business, and have been operating for two years then you’ll have ZERO issues getting a loan
I speak from experience
Most entrepreneurs say they make $500k/year, yet they don’t want to pay taxes on it
@dougboneparth
And just like that, your daughter came to the realization that you, like many Americans, are under golden handcuffs. And that you’ll never move to a bigger home due to switching costs.
Better get her ice cream next time she is sad
@realEstateTrent
I chew the check up and spit it in their face.
I own 26 laundromats, 7 other SMBs with low capex, and have a newsletter with eight (8) subscribers
I don’t need a handout
@melissasavenko
This app is not reality.
It’s easy to forget that sometimes
Good real estate agents are worth the money
Continue to be a good agent and you will thrive
This too shall pass :)
@HackingDave
“I’m sorry. I’m not real ‘techy’.”
*Stares into space w drool sliding out the side of their mouth*
“Now, can you show me how to open this file named P D F?”
@Chrisjjosephs
1. He has a point.
2. Millennials were the same way 10 years ago
I remember an employee (millennial) I had about 10 years ago asked for a promotion 9 months into her job. To top it off, she kept making mistakes in her current role.
It’s not a Gen Z or Millennial thing. Ppl
@SMB_Attorney
Don’t care.
Comments here are projecting insecurity.
I’ve only looked at other ppl’s watches and thought “nice watch”
If you’re judging someone that deeply then it seems like it’s a “you” problem
@TennisonEddie
Stockpiling cash > locked up funds in hard assets
Cash flow is king. I’ve seen so many investors go bust by being over levered
With that being said, paying off a 3% mortgage only makes sense if you have the cash to do it.
Being debt-free with no cash makes no sense.
@realEstateTrent
The 2ish% to 7% creates golden handcuffs.
But if you can’t sell when rates drop to 5% then you really can’t afford to move in any environment
Also, at some point, equity in your current home will allow you to put more down on a new one
@TikTokInvestors
He definitely FHA’d a 4-plex and lived in the bathroom while his tenants paid rent and then took out a home equity line of credit to buy another 4-plex and rented it out and repeated the process 17 time and has $42M in assets while only being $41.5M in debt.
@LPinFinance
@MondayHeinz
This would work if you said “I’ll remind them about all the hidden costs that I would have to deal with if I were to purchase the home I’m living in now”
And FYI - I didn’t think your comment was “hating” on homeowners.
However, I think the rent vs buy convo should factor in
@melissasavenko
Most top producers I’ve talked to want consolidation to happen.
They say the industry is too unprofessional and that part time agents are doing a disservice to their clients
@realEstateTrent
Win/win in my opinion
Employees filling sauce dispensers for $20/hr must be miserable
It must be miserable to have to pay multiple employees for 4 hours to fill up sauce
@jmventurelog
No. Start a small claims process or send to collections.
Think of every possible scenario that could happen in a face-to-face confrontation and ask yourself is it worth it?
We deal with this all the time. I have about $7k that’s over 30 days past due.
@sweatystartup
Friendly reminder that Nick hires offshore talent and does not have to adhere to US employment law
Just figured I would mention after reading the comments 😂
@realEstateTrent
People’s lack of patience with young families is alarming.
The kid has to go to the bathroom. Chill out.
I would get up and out of my seat another 10 times during the flight.
Welcome to the thunderdome. Population - 2.
You. Me. Let’s go
@unusual_whales
Why the hell would a Boomer sell their mortgage-free home in this market?
They’d get a great return and then be forced to dump the profits into an overpriced condo
@TikTokInvestors
401Ks are just a way for you to defer taxes. It should not be relied on as the single source for retirement.
With that being said, I’m sure nothing could go wrong with only having $50k to flip a home.
@JosinaAnderson
It made sense the first time.
The two ppl who published the story were called liars by Saleh.
This is an obvious hit piece.
Is it true…sure…a lot of it was obvious to the fans.
But to act this way when they went 7-10 and lost due to no QB and O-line is also obvious.
@paulg
So many things that factor into parenting.
But with that being said, we’ve gone away from core family values as a society.
We no longer have a “it takes a village” mentality.
Ppl get frustrated when they see a crying kid on a plane instead of being sympathetic.
Until we
@PFF_Sam
Zinc based sunscreen is good for you. Stuff like baby sunscreen is what dermatologists recommend.
The other sunscreens that have benzophenone-3 etc are very bad for you and actually cause skin cancer
@JamieJPost
@Chrisjjosephs
She eventually got fired.
Her replacement didn’t make the same mistakes and has been promoted 4x in 7 years and 3x’d her salary since joining my company.
No decent company rewards poor performers
@Budgetdog_
Not Instacart. The delivery is cheap.
But they also up upcharge every item.
I found this out when they accidentally charged $50 for .25lb of roast beef.
The grocery store told me there is a upcharge on all items but that there must’ve been mistake.
I went to war w
@OregonGal87
@jayacunzo
I have a 3 month, 3 yr, and 7 yr old.
This was while we were vacationing in Spain.
They also shut down the streets and have block parties that go until 12-1am
@theficouple
FYI - ppl who actually have money don’t care about what other ppl drive.
They don’t get an inferiority complex when they drive a Corolla and someone else drives a RR nor a superiority complex when it’s vice versa
Wealthy ppl focus on themselves - not others 😉
@StealthQE4
I can’t believe people are just discovering the amortization schedule of a home loan.
Do a bi-weekly and you cut a 30 year loan down to 22 year.
@NewsLambert
The middle class is being crushed. The cost to have children is being felt by everyone.
Daycare is expensive. Jobs are demanding. Debt is bigger than ever. And society’s family values are eroding.
This is not good and will be a huge issue in the years to come.
@ChrisBTC2000
@LPinFinance
10/10 times a home’s property tax will factor into your rent
If your landlord is reassessed, institutional or not, they will pass that cost to their tenant
As for HOA, I live in NJ and HOAs are rarely in SFH neighborhoods. They are primarily in townhome communities
Fun
@GuyDealership
My wife had multiples Jeeps (Cherokee). I remember the salesman bragging how Jeep rides just as good (if not better) than a Range Rover. I laughed at him for two reasons
1. It doesn’t (I have a RR - which is still and underwhelming SUV but drives really well)
2. He said this
@theficouple
If you purchase the RR at $80k over 5 years with $5k out of pocket, then your payments are more like $1400/mo
But….you can trade it in for another RR. It will be worth about $40-50k.
So you’ll get a new RR for about $50k (saying the new one will be $100k).
Life short. Enjoy
@realEstateTrent
I think the reason why that post would turn political is because you’re not originally from New York City.
You don’t know what it’s like to watch this city change from Guiliani/Bloomberg to DeBalzio/Adams.
Is it that bad? Maybe not to you. But others that have seen the city in
@RampCapitalLLC
@NUCLRGOLF
“It was such a tragedy. Life is so fragile”
[pipes one down the fairway]
“So anyway, I’ve really been concentrating on clearing my hips on my drive”
@FluentInFinance
This will end up costing buyers more $$
They’ll have to pay the realtor (it used to be paid by the seller)
A 3% haircut on a $500k home is not a lot:
$500K mortgage at the current rate = $3,492
$485K mortgage (3% discount to buyer) = $3,388
$104/mo savings = no need to
@LeadershipAcad1
$8mm revenue w 85 employees and you’re going to go to someone’s house over $357?
Send it to collections and let it go
For $8mm rev, bad debt write off of $5,000 annually is a huge win.
You’ll be good if you lose this one.
@PursuingFreed0m
It pays off in the long run.
My 7yr old was in daycare at 5 months old.
She was always sick.
Now she has the best immunity out of all of our children (other two have a nanny)
We all get Covid and she’s perfectly fine.