If yo had $50K-$60K cash... - Page 2 - GoFuckYourself.com

klinton · 05-28-2017, 09:46 AM

olx.pl
..........

Quote:

Originally Posted by Sarn

post link in most popular real estate site in PL

The Porn Nerd · 05-28-2017, 12:51 PM

Quote:

Originally Posted by klinton

I know wro well enough, lived there for many years :-)
after Ukrainian invasion from 2015 prices went up like 25-30 %, its craziness now there

So there are more whores in Poland now? :D

klinton · 05-28-2017, 12:55 PM

I dont know, I dont do hookers...
if you search for one, you will find them everywhere, even in Alaska

Quote:

Originally Posted by The Porn Nerd

So there are more whores in Poland now? :D

CrazyMartin · 05-28-2017, 02:02 PM

Wroclaw if full of whores, sad to say
polish girls, students.. and maybe new citizens, ukrainians

Sarn · 05-28-2017, 02:27 PM

Quote:

Originally Posted by The Porn Nerd

So there are more whores in Poland now? :D

I find one

https://www.olx.pl/oferta/one-teaspo...tml#0d46794c99

https://www.olx.pl/oferta/one-teaspo...tml#0d46794c99

The Porn Nerd · 05-28-2017, 02:40 PM

Quote:

Originally Posted by Sarn

I find one

https://www.olx.pl/oferta/one-teaspo...tml#0d46794c99

https://www.olx.pl/oferta/one-teaspo...tml#0d46794c99

Works for me Broski!
About $50 Euro a pop? LOL

Sid70 · 05-28-2017, 02:48 PM

Quote:

Originally Posted by klinton

I know wro well enough, lived there for many years :-)
after Ukrainian invasion from 2015 prices went up like 25-30 %, its craziness now there

I agree. In 2012 i could rarely see Ukrainian cars or hear the language, now it's everyday.

About investing into real estate in Poland. Well, financial market services are not very trusted so everyone is trying to invest into real estate. Especially at the early stage,
shit is being built everywhere and they now stick houses close to each other like in Ukraine, well, not that tall yet. And prices go high.

Tho 60k is pure shit to think real estate. But it may be the best opportunity still if you are not a biz savvy one.

klinton · 05-28-2017, 02:55 PM

Sarn, Beria doesnt pay you to collect that type of data on polish sites.
or does he, Sarn ?
anyway, amazing shorts, but why so expensive ? does it include personal delivery by previous owner :-) ?

Quote:

Originally Posted by Sarn

I find one

https://www.olx.pl/oferta/one-teaspo...tml#0d46794c99

https://www.olx.pl/oferta/one-teaspo...tml#0d46794c99

klinton · 05-28-2017, 02:57 PM

nothing wrong with whores my friends. dont like ? dont touch

new citizens Ukrainians ?

rather the city is going back to its roots :-)

Quote:

Originally Posted by CrazyMartin

and maybe new citizens, ukrainians

American Psycho · 05-28-2017, 03:49 PM

Quote:

Originally Posted by CurrentlySober

In this day and age, I wouldn't put it into adult. I would use it for a downpayment on another buy-to-let property.

Buy it, and have a property management company let it for you (Guaranteed rent even if tenant doesn't pay - Costs 10% of rent) and use the rent to make the mortgage payments on the remainder.

Property value goes up faster than interest on money in the bank and the house pays for itself

Thats what I would do today anyway

Are you mortgaging these rental proeprties or cash in?

American Psycho · 05-28-2017, 03:51 PM

Quote:

Originally Posted by directfiesta

Real estate .

I did that with 400K . Working well ( 13% return ) but have to be present.

What did you buy? Multi units?

CurrentlySober · 05-29-2017, 01:41 AM

Quote:

Originally Posted by American Psycho

Are you mortgaging these rental proeprties or cash in?

Let me first clarify re the 'slum landlord' points above. I am not talking about some eastern european country, but a picturesque part of the the UK . My hometown Teignmouth, pictured above.

The properties I am talking about, while certainly not luxury mansions are still very nice little starter homes / rental properties. Couple of bedrooms lounge toilet bath kitchen etc, small outdoor area, poss a small garden and parking for a car etc... All clean tidy and presentable places that while they wouldn't be my first choice, I would and could live there myself, if I needed too... Certainly not shitholes in any way shape or form...

So what I have done is to wait for a place to become available, and then paid just over half up front in cash and then got a 25 year mortgage on the remainder, that can be overpaid if I choose too... Working closely with the rental agents they ensure (for 10%) that a trustworthy and solvent tenant stays there and they handle EVERYTHING.

I am guaranteed my monthly payment, irregardless of them receiving it from the tenant and a such I have enough to make the mortgage payment and a little extra for me...

The income is totally passive and I do absolutely nothing to receive it. Although the income for each property is not mind-blowing money, it all adds up to a nice passive income. Add to that one place I bought in 2013 for £118,000 is now valued at just under £150,000 should I wish to sell...

I mean its a boring solution to making money that contains no excitement or nude women etc, however it is extremely simple to do and requires no work provided you have the initial investment (approx half upfront) which in the case of the preposition of this thread "If you had 50 / 60 K cash" is exactly what I wold do / have done before / would do again

Also, once you have a couple of properties like this, it becomes infinitely easier to acquire more, as you can prove what you are doing is working when applying for further mortgages

And naturally, you can always sell a property for a nice profit at any time, if you decide you want that dream sportscar or world cruise any time in the future

.

grzepa · 05-29-2017, 02:26 AM

how the fuck do i buy Ethereum ? Is coinbase the only option ? Somehow i cant get my id verified there

grzepa · 05-29-2017, 11:22 PM

Seems like there is a few people from Poland , I thought that Mechbunny owner and I were the only ones

Olga BongaCash · 05-30-2017, 05:45 AM

Not for business - for travel)

ilnjscb · 05-30-2017, 10:34 AM

Quote:

Originally Posted by k0nr4d

There is no way that $525/mo (assuming 21 days of work per month) per car will cover:
- Deprecation
- Insurance
- Running costs (a $5k car that does the mileage like an uber driver does will need constant repairs).

For a 5000 auction car? Depreciation on an asset that is 75% depreciated? add on insurance if they don't have their own rideshare insurance. 6k a month and each car will get average 45 k miles average before it gets weak from 70k to 115k. Average daily miles for Uber drivers is 150 miles or 15 months per car. Sell for $1500 and move on. Gross Margin = 40% annually.

klinton · 05-30-2017, 11:03 AM

10 % sounds wonderful for that kind of service actually...
I guess that you signed up with them long term paper, for like 10-15 years of guaranteed rent ?

Quote:

Originally Posted by CurrentlySober

Working closely with the rental agents they ensure (for 10%) that a trustworthy and solvent tenant stays there and they handle EVERYTHING.

I am guaranteed my monthly payment, irregardless of them receiving it from the tenant and a such I have enough to make the mortgage payment and a little extra for me...

American Psycho · 05-30-2017, 01:18 PM

Quote:

Originally Posted by klinton

10 % sounds wonderful for that kind of service actually...
I guess that you signed up with them long term paper, for like 10-15 years of guaranteed rent ?

Yes that sounds great.
How can one find a management company that does this? Ive not heard any companies here paying remt regardless if the unit is rented or not

klinton · 05-30-2017, 01:33 PM

in UK there are not enough flats to rent and big demand, maybe thats why it is like that...
but lets wait for an answer....

Quote:

Originally Posted by American Psycho

Yes that sounds great.
How can one find a management company that does this? Ive not heard any companies here paying remt regardless if the unit is rented or not

MrMaxwell · 06-01-2017, 07:53 AM

Quote:

Originally Posted by ilnjscb

buy 12 cheap vehicles and some insurance and rent them to uber and lyft drivers for $25 a day.

That's the worst idea I have ever heard, but, daily automobile rental is awesome. Especially with trucks. Fucking awesome.

I would buy gambling machines and real estate and a huge printer or 7
AND PLANE TICKETS

MrMaxwell · 06-01-2017, 07:55 AM

Quote:

Originally Posted by BJ

60k on Margin is 120k

Amateur
You can leverage into oblivion on fex
Massive out of control leverage is better than 2x sharezz

Another thing is that nothing bad ever happened with excessive leverage

Marissa.pcash · 06-01-2017, 07:56 AM

digital currency :P

MrMaxwell · 06-01-2017, 07:57 AM

Quote:

Originally Posted by beerptrol

I also would say property/land

That's vgt!! Because, with credit you can buy / control a lot of property with sixty dimes ans have a great cash on cash
yay

MrMaxwell · 06-01-2017, 07:59 AM

Quote:

Originally Posted by Barry-xlovecam

I would look into a mobile business opportunity

Seriously, with limited capital you need to work within a field that you are very familiar with

See. This is wisdom. He's saying set up a chicken ranch RV house and buy a gun and learn how to cook.

MrMaxwell · 06-01-2017, 08:00 AM

Quote:

Originally Posted by StefanG

Why do you not have currentlysober blocked? HARDEN THE FUCK UP STEFAN

MrMaxwell · 06-01-2017, 08:03 AM

Quote:

Originally Posted by Barry-xlovecam

A leveraged 1 unit real estate investment?

That's 100% occupancy or 100% vacancy ...

Buy a ( or a few ) REIT ETF shares -- if you like real estate ...
Top 24 Real Estate ETFs here's one list do your own research
If you fuck up -- it's liquid -- it's easily converted back to cash (usually).

Pot farm idea ain't bad ...

I don't know, Barry, fuck a REIT - I am too hands on for that, myself, but I agree extremely about not simply owning one SFR
I agree about the weed farm as well
If you have one single SFR better make that handicapped friendly. It'll stay rented and to someone good generally.

MrMaxwell · 06-01-2017, 08:04 AM

Quote:

Originally Posted by k0nr4d

There is no way that $525/mo (assuming 21 days of work per month) per car will cover:
- Deprecation
- Insurance
- Running costs (a $5k car that does the mileage like an uber driver does will need constant repairs).

If you don't shut a vehicle off and it's always running you'd be shocked at how much the mileage can be ... kind of like the light bulb that lasted 237 years because it had constant power ... but yeah you're right this was a terrible idea they had
But they are on the right track

MrMaxwell · 06-01-2017, 08:05 AM

Quote:

Originally Posted by KlenTelaris

It is still possible to make good money in adult, but only if you are really good at it, times when was enough to hire people to do certain things and where money would just roll are long gone.

I think it's fkn dumb unless you know exactly what you're doing . . even then .. . . when I ever put any money into content I will be spending hardly shit and it'll be for youtube and I'll make extremely more $$$ than any adult content maker

Bet that

MrMaxwell · 06-01-2017, 08:07 AM

Quote:

Originally Posted by celandina

With this kind of cash at best he would be a slum landlord in Arab town in Detroit...not even two bedroom...if he had 5 or 6 mil yes...

Even with 13% return as sombody further down suggested it is only about 5 K / year...not enough to eat at Wendys for that long..

With 60k and decent credit or even hard money I could control / own MANY SFRs around here in the shittard fuckhole hellfuck town and you would be shocked at my cash on cash - SHOCKED ,, I bet

MrMaxwell · 06-01-2017, 08:08 AM

Quote:

Originally Posted by CrazyMartin

buying properties as investment when interest rates are on the lowest level???

its time to sell, not to buy

i have for sale 2-room flat in wroclaw centre in poland exactly for $60k, but its small 37m2

I don't know what the real estate market is doing but this sounds like reasonable writing
I definitely know you should buy when everyone is running screaming

MrMaxwell · 06-01-2017, 08:09 AM

Quote:

Originally Posted by directfiesta

Would of being nice that you explain your logic here , as I cannot add it up ....

Why did I put 400 K in real estate ? Because, it was coming out of 10 year term bank deposits/investment bringing me 6.55% ( 26K a year interest, less taxes ) .
When renewal came up, the best I could get was 1.35% on freezed 5 years term ( 7K , less taxes ) . And lets not get into inflation ....

Now, with 80K down, I bougth a property of 350K ( 3 rental units- 2500/month ) at 2.89% interest . Cash flow is positive and with capital payment from tenants, my return was over 15% , not counting increase in value.

Repeated with remaining cash on hands . 400K got me 2 million of property ....

So the low interest were the main factor to remove the money from the bank, and low mortgages were the main factor to put it in real estate ...

At 1.5% yearly plus value, still not counting inflation ) the value goes up of 30K a year ....

Latest mortgages are at 2.2 et 2.39 % ....

Selling ??? Yeah, here I come to beg to get 1.15 % .....

On the other hand, I am not one of the '' big playa '' with ferraris, maserratis and a fucking fountain on my front lawn ....

This is the best post
This makes perfect sense
In America you get great tax breaks and Christ knows what else as well

MrMaxwell · 06-01-2017, 08:12 AM

Quote:

Originally Posted by ilnjscb

For a 5000 auction car? Depreciation on an asset that is 75% depreciated? add on insurance if they don't have their own rideshare insurance. 6k a month and each car will get average 45 k miles average before it gets weak from 70k to 115k. Average daily miles for Uber drivers is 150 miles or 15 months per car. Sell for $1500 and move on. Gross Margin = 40% annually.

It's still the worst idea I have ever heard, but, it makes more sense when you expounded a bit on what you had in mind.
Still the worst idea, sorry

ilnjscb · 06-02-2017, 11:40 AM

Quote:

Originally Posted by MrMaxwell

It's still the worst idea I have ever heard, but, it makes more sense when you expounded a bit on what you had in mind.
Still the worst idea, sorry

hahahaha!! Best wishes man

CurrentlySober · 06-02-2017, 12:52 PM

Quote:

Originally Posted by klinton

10 % sounds wonderful for that kind of service actually...
I guess that you signed up with them long term paper, for like 10-15 years of guaranteed rent ?

No, tbh its just an ongoing basis. If the current tenant decides to give notice, they just bring another in straight away. No bother to me... That what I mean by they handle all the 'Business' side of things for me...

I just know that on certain days of the month, certain amounts of money are going to be deposited in my bank account and for the last five years or so, they have.

Quote:

Originally Posted by American Psycho

Yes that sounds great.
How can one find a management company that does this? Ive not heard any companies here paying remt regardless if the unit is rented or not

Well full transparency, I wasn't aware that this was anything else 'but normal' if you get me? As I have said, I am in Teignmouth Devon, and these are my lettings agents: Dart & Partners Estate Agents - Property for Sale and Rent in Teignmouth, Devon

The landlords page is here and the specific service is part of the 'Fully Managed Service' called 'Rent Protection Service'

There full terms can been seen HERE I admit that it does say that its only free for the first year, then it costs £130 a year each year, but I have never been charged any payment other than the initial setup fee which includes this. I guess because I have a few properties with them I don't get charged it? Not sure really but I'm not gonna ring up and suggest they missed it!

Quote:

Originally Posted by klinton

in UK there are not enough flats to rent and big demand, maybe thats why it is like that...
but lets wait for an answer....

Hope the above makes sense

Better to point you direct to the horses mouth so to speak

JD · 06-02-2017, 01:21 PM

stock market.

MrMaxwell · 06-03-2017, 04:53 AM

Quote:

Originally Posted by ilnjscb

hahahaha!! Best wishes man

Thank you ... same to you over there

MrMaxwell · 06-03-2017, 04:54 AM

Quote:

Originally Posted by JD

stock market.

Buy penny stocks
Just be sure that you get SHAREZZZZZZ not mere shares
It's like sooted hands vs. ordinary suited ones which never win

05-29-2017, 02:26 AM	#63
grzepa Confirmed User Join Date: Jul 2004 Posts: 1,132	how the fuck do i buy Ethereum ? Is coinbase the only option ? Somehow i cant get my id verified there __________________ Like X-ART !!

05-29-2017, 11:22 PM	#64
grzepa Confirmed User Join Date: Jul 2004 Posts: 1,132	Seems like there is a few people from Poland , I thought that Mechbunny owner and I were the only ones __________________ Like X-ART !!

05-30-2017, 05:45 AM	#65
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05-28-2017, 02:02 PM	#54
CrazyMartin Confirmed User Join Date: Jan 2009 Posts: 336	Wroclaw if full of whores, sad to say polish girls, students.. and maybe new citizens, ukrainians

06-01-2017, 07:56 AM	#72
Marissa.pcash Registered User Industry Role: Join Date: Jun 2015 Posts: 83	digital currency :P

06-02-2017, 01:21 PM	#85
JD Too lazy to set a custom title Industry Role: Join Date: Sep 2003 Posts: 22,651	stock market.