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  #51  
Old 05-09-2018, 11:02 AM
Doctor Jeff Doctor Jeff is offline
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Another sidenote: The GDP of Australia as a whole is less than that of many American's personal incomes.

I don't get what Greybeard is trying to brag about.
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  #52  
Old 05-09-2018, 11:57 AM
hatelore hatelore is offline
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Quote:
Originally Posted by Beastagoog [You must be logged in to view images. Log in or Register.]
Best decision I ever made. So far the renovations have paid for themselves, and it is a 200$ a week profit here on in. (P.s thats about 1/4th of an americans average weekly wage to give a scale of things)

A guy down the road from me built 2x livable quaters behind his property and rents them to Jap Students for 300$ each per week. ( thats equal to your entire weekly income in passive income on scale).

I am sorry this simple economic concept is lost on you...when I get my 2nd property this one will almost pay for it as passive income, then sit on both for 10-15 years and have million + worth of equity (and two properties) all of which paid for itself.

Enjoy your $10.50 an hour job scraping 450-500$ in per week.

God bless.

Lets be real, I liked you when we played together but... I just got to say it, 300 dollars profit from rent is pretty bad. I can see bragging, I mean having a place to rent means you have worked on your priorities in life... But cmon now, 300 dollars? Lol.

Either way , props to you for renting. Might want to talk to your tenants and do a rent increase though so you can stay above the poverty line [You must be logged in to view images. Log in or Register.]
  #53  
Old 05-09-2018, 10:41 PM
Beastagoog Beastagoog is offline
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Quote:
Originally Posted by Doctor Jeff [You must be logged in to view images. Log in or Register.]
I rent out 2 houses and the income pays both mortgages + my car payments.

If you think real estate is an inconvenience you are retarded.
Finally an intelligent person in a sea of low income low iq retards.
  #54  
Old 05-09-2018, 10:53 PM
Beastagoog Beastagoog is offline
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I've broken this down before for the low iqers.

If you have a property. It can have the capacity to house say 3 different tenant, usually asian uni students. ~4 year tenancy periods.

Your taxes, mortgage, upkeep etc say equal 500$ per week...and you rent those spaces out indivdually for 250$ per week. That means you are making 750$ per week. Less the 500 for upkeep/mortage = 250$

This is called positively gearing a property.

You buy a 2nd property....its upkeep is 400$ per week...you put that 250$ left over on to that.

You are iut of your own income then paying 150$ per week to own and pay off 2 properties.

IT. IS. NOT. ROCKET. SCIENCE.

You just have to be 1. Intelligent enough to be employable 2. Have the brass to do it.

Or you be a dumb dumb and pay 500$ out of your income per week to pay off 1 property.

Some people buy 2-3 properties than go rent a room themselves and have all 2-3 pay themselves off for 10 years them roll both in to one house and not have a mortgage for the rest of their life.
  #55  
Old 05-09-2018, 11:07 PM
Beastagoog Beastagoog is offline
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Originally Posted by quido [You must be logged in to view images. Log in or Register.]
lol Beastagoog who do you think you are fooling?
Def not you.

You doing push ups to lose those bitch tits you have? Or just given up because you've realized its actually a hormonal inbalance from years of eating shit food and sitting at your PC farming fungus tunics while doing an online degree hahahahaha

I do have to commend you though. Atleast you've helped yourself out by getting out of the rut you were in.

Still wont ever forget you posted that picture of the lobby where you intern(ed?) at as proof of your sucess hahah fucking hell dude what were you even thinking?
  #56  
Old 05-10-2018, 01:23 AM
Beastagoog Beastagoog is offline
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Yah I heard about his whining from a few people along the way. It's a cause-and-reaction resulting from pretending to be something you're not it's why he had such an emotional reaction to my teasing.

ROFL the goat videos were classic i wish someone had links to them still. I imagine he's probably made that youtube account private or deleted them.
  #57  
Old 05-10-2018, 11:21 AM
Uuruk Uuruk is offline
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Is this farzo just talking to himself?
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  #58  
Old 05-10-2018, 12:53 PM
Doctor Jeff Doctor Jeff is offline
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Quote:
Originally Posted by Beastagoog [You must be logged in to view images. Log in or Register.]
I've broken this down before for the low iqers.

If you have a property. It can have the capacity to house say 3 different tenant, usually asian uni students. ~4 year tenancy periods.

Your taxes, mortgage, upkeep etc say equal 500$ per week...and you rent those spaces out indivdually for 250$ per week. That means you are making 750$ per week. Less the 500 for upkeep/mortage = 250$

This is called positively gearing a property.

You buy a 2nd property....its upkeep is 400$ per week...you put that 250$ left over on to that.

You are iut of your own income then paying 150$ per week to own and pay off 2 properties.

IT. IS. NOT. ROCKET. SCIENCE.

You just have to be 1. Intelligent enough to be employable 2. Have the brass to do it.

Or you be a dumb dumb and pay 500$ out of your income per week to pay off 1 property.

Some people buy 2-3 properties than go rent a room themselves and have all 2-3 pay themselves off for 10 years them roll both in to one house and not have a mortgage for the rest of their life.
is $500 really more than a day's salary in your country?
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  #59  
Old 05-10-2018, 01:07 PM
Doctor Jeff Doctor Jeff is offline
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Just looked into this because I thought I might be out of touch and even my interns make more than that...
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  #60  
Old 05-10-2018, 01:36 PM
Nirgon Nirgon is offline
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This is worse than me arguing about npc detection mechanics.

Stop this shit right now Greybeard, get a hold of yourself man. The United States is your ally.
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