How much money do u make?

[Black Cac]

I only made about 28k last year

 

[-DMP-]

For sure! Just wanted to prepare you for the shyt storm that is commercial real estate.

Not talking down or anything just an honest question out of curiosity: Why is that you gravitate towards commercial property for businesses?

I'm an old man and maybe it's just because I've had some trying times with commercial in general, but I feel like low-income triplexs/quadplexs are the most time efficient, rewarding, and scalable types of properties to get started with. When I say rewarding, obviously if you owned an apartment complex with 130 units you're going to make a lot more money, but with multi-units it's easier to access the equity and surplus of income which gives you a more lean and mean strategy to add more units ie. getting to the next deal quicker.

Then when you have a few of these going---and let's say you own 10-15 units with full vacancy--it'll make more sense to get a commercial building since you won't be worried about having funds tied up, waiting for ink on lease agreements (which is like pulling teeth), or the often long periods of vacancy.

I'm just a coli poster though so I wouldn't take my word for it, but I wish someone would've told me these things 7-8 years ago. Every situation is different though so take it with a grain of salt. Just some added perspective.

Breh why haven't you made a thread with alot of you wisdom in it.

Or if you have, link me!

 

[Black Cac]

Can't believe how scared nikkas are to post how much they make. They're even scared to lie like we can find out the truth

 

[razassin]

Me n my nikkaz we done came from the bottom ya dig

We was eatin peanut butter sandwiches when we was lil keedz

U know what a m is lil nikka?

U know what it feel like to wake up to made in italu silk sheets? To wake up to a view of ya whole city? To travel in private jets?

I aint been in a line at the airport since i was 22 years old ya dig

Last year i made 5 ms the feds dont know about

Chevk yaself lil homie fore u come talk to the bosses

 

[Perpetual Beast]

Breh why haven't you made a thread with alot of you wisdom in it.

Or if you have, link me!

I'm kind of one of those "underground posters" that pops in every now and then... I've been working about 12-14 hours a day so I don't get the time I'd like to be able to offer some good information.

I'll try to find a couple posts I had where I elaborated on multi-units--it was in a thread about a poster asking if real estate was easy quick money to get out of debt--but I remember putting quite a bit of thought into it so I'll look out for that.

Thanks for the note by the way brotha!

 

[Houston911]

All my units are section 8. really the only downside for me is I can't hide my rental income when its tax time.


taxes are fukking evil man.

Breh you should have so many pawgs

 

[Fun Sized Psycho]

I made about $1,000,000 last year just from twerking.

Spoiler: This is how I do

 

[M'gann]

Enough to pay bills, save, and live comfortably.

 

[BaldingSoHard]

100k isn't enough, that's all I'll say.

 

[badtguy]

12,000 as an intern lol I'm broke as hell personally. But i know alot of wealthy people I eat.

I barely pay for anything, I'm playing my part listening and learning from my older G's on how to make moves.

When the times right and I decide on a particular industry to invest in, I have people to back me.

 

[¢apitali$t Migraine]

Y'all nikkas acting like punks...I wanna know what I'm up against...we all should wanna know...I'm trying to be number one

Ateyfyveuyëër until I fire a lazy ass Coli poster type neega n take half n spread the other half around, then it's back to a hunnet. That's why I talk shyt on here about fakkit ass fake ass militants. nikkas be the same fools get a shot at a job n completely fukk it the fukk up. Now watch this wack ass nikka I fire right before Christmas act like a hoe n be storming around the office like he ain't been late/high every damn day n complaining about all types of shyt n I didn't break up a fight between him n another cuckold neega just a couple weeks ago.

 

[Born2BKing]

Last year I made 38k. Hope to break 40 this year

Stop lying nikka lol. Your ass paid

 

[Born2BKing]

Doing better than 97% of the world (literally) .... you're pretty rich man

@patscorpio lying too lol. That nikka in or near 6 figures. Ya'll tryna be modest and shyt

 

[¢apitali$t Migraine]

Smell like bacon in this mu'fukka.

Gotta throw curveballs. He shoulda used an alias to make this thread, how the same nikka sittin up talkin bout how he too retarded to work a job n gon cut hair on the side while he try to start a business gon now be making threads acting like he Michael Milken. A lotta these dudesons be on ∅bamaçare antipsychotics n antidepressants, sometimes even more than the Coli chicks on here.

 

[Rawtid]

For sure! Just wanted to prepare you for the shyt storm that is commercial real estate.

Not talking down or anything just an honest question out of curiosity: Why is that you gravitate towards commercial property for businesses?

I'm an old man and maybe it's just because I've had some trying times with commercial in general, but I feel like low-income triplexs/quadplexs are the most time efficient, rewarding, and scalable types of properties to get started with. When I say rewarding, obviously if you owned an apartment complex with 130 units you're going to make a lot more money, but with multi-units it's easier to access the equity and surplus of income which gives you a more lean and mean strategy to add more units ie. getting to the next deal quicker.

Then when you have a few of these going---and let's say you own 10-15 units with full vacancy--it'll make more sense to get a commercial building since you won't be worried about having funds tied up, waiting for ink on lease agreements (which is like pulling teeth), or the often long periods of vacancy.

I'm just a coli poster though so I wouldn't take my word for it, but I wish someone would've told me these things 7-8 years ago. Every situation is different though so take it with a grain of salt. Just some added perspective.

I would eventually like to be in the position to offer a discounted lease for people (black people) who want to start small businesses. A lot of times people just need more space than their house/apartment but not quite a whole building worth to get things going.