6 Figures 6 Certs Random Thoughts Thread

NeilCartwright

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Hired a new driver. Back to cash flowing on this truck and showing some revenue for these future loans

Gonna change careers and transition to being a mortgage loan officer next summer. Wanted to take a job in real estate.

I’m done with the corporate environment
 

phcitywarrior

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There are ways you can do it with Trusts and other structures but


Foreign Banks don't want the hassle of dealing with the IRS below that amount.

Even as a permanent resident you’re taxes on Worldwide income. Like you said, there are many ways to set your self up to be tax-efficient. At least my combo is Nigerian and American. The former is easier to “manage”. If I was like Candian and American, that would be horrible. I’d be screwed twice.

Interesting note on foreign banks though.
 

Pyrexcup

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trying to set up something of budget now that i've finally moved to london, no fukking way i will be able to survive on this salary on more than 1 year
 

Obreh Winfrey

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trying to set up something of budget now that i've finally moved to london, no fukking way i will be able to survive on this salary on more than 1 year
Well if you're anything like me, if you're paying for some sort of subscription service that you don't need, cancel that shyt asap. 3 months in a row so far I've cost myself money that I shouldn't have because I don't want to just get on the phone :snoop:
 

Pyrexcup

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Well if you're anything like me, if you're paying for some sort of subscription service that you don't need, cancel that shyt asap. 3 months in a row so far I've cost myself money that I shouldn't have because I don't want to just get on the phone :snoop:
man i thinking weather i can either afford gym or not :deadmanny:

The problem with this being my first year in london i will have to be social and wont be able to turn down any social invitations luckily for me the area i work and live in has a good social scene so i wont be spending any money on transport and also we get free food at work which will cut down my food costs. but still after rent and other expense i will be barley saving any money
 

phcitywarrior

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man i thinking weather i can either afford gym or not :deadmanny:

The problem with this being my first year in london i will have to be social and wont be able to turn down any social invitations luckily for me the area i work and live in has a good social scene so i wont be spending any money on transport and also we get free food at work which will cut down my food costs. but still after rent and other expense i will be barley saving any money

Where did you relocate from? London is bad as far as expenses, but it shouldn't be too bad. But the no savings part is terrible.
 

phcitywarrior

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Anyone here knowledgeable about buying foreclosed homes and getting a home equity line of credit with it?

My boy from London called me up a week ago and said there’s a way in the US where I could take $2K, buy the deed to a foreclosed home, take the deed to the bank and get up to a $20K line of credit.

I’m always open to make side income but a $2K to $20K flip sounds funny. We’re having a call later this week so he can fully explain the process to me because I’m sure I’m missing crucial steps/info.
 

Pyrexcup

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Anyone here knowledgeable about buying foreclosed homes and getting a home equity line of credit with it?

My boy from London called me up a week ago and said there’s a way in the US where I could take $2K, buy the deed to a foreclosed home, take the deed to the bank and get up to a $20K line of credit.

I’m always open to make side income but a $2K to $20K flip sounds funny. We’re having a call later this week so he can fully explain the process to me because I’m sure I’m missing crucial steps/info.
sounds like :duck: to me probably wants you to do something that might be half legit but in the end will fukk your credit or something
 
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