Getting $$$ one way or the other.

[Poh SIti Dawn]

Business Licenses


where to get supplies, well most are grabbing them from sites like:

Spoiler

http://www.dhgate.com/
http://www.alibaba.com/

i have a decent document on small businesses to start for under 5,000 and how to go about it. when i find a host, i'll edit this post

Bingo

 

[Mofongo]

I own two - one i live in (georgia, but currently deployed but the family is there) and the other is in washington state.
Not bad, just have an emergency fund saved up in case renters are late or don't pay - it does happen sometimes so be prepared.

I make like 100 dollar profit a month - but i'm not looking for an immediate return on investment, but more over on the longevity as the mortgage is paid down and the equity rises. I've owned that home for 4 years now.

Other than that, it's boosted my credit rating sky high so things are easier to acquire if i need it.

Don't be affraid to take chances. I was when i was getting ready to buy my second home in Georgia. No regrets.

So its possible to make a profit even though the mortgage isnt payed in full, correct?.
I figured the only reason i wanna get into this is to rent to own, then rent it to somebody else if possible to comeout witg profit that way.

 

[Lana Kane]

I barely post here. There's a reason for that.

But yeah, fukk you people.

Probably because you come to gloat about your imaginary water company expecting praise JUST BECAUSE you're a black guy starting a business. People would take you seriously if you weren't such a douchebag about it.

 

[Mofongo]

avoid rent controlled areas. i had to pay my tenants over 10k to move out of one home since they had been there over 10 yrs, along with their moving expenses. also make sure not to hire any ghetto ass black folks cus i've had issues with people treating my property like it's mine -- and not their residency. meaning holes in the walls, carpet and hardwood floor all fukked up, clogged pipes, roaches, rats and ants. honestly, just don't rent to single mothers with kids. they'll call you every time any minor thing happens. if you can, move in a bunch of mexicans. they'll always have their money on time, and they'll never call you for repair. in fact, ya house might end up looking better than it did before they moved in.

 

[Stuntone]

I'm thinking about opening a Daiquiri and PoBoy shop back in Louisiana.

 

[Poh SIti Dawn]

Probably because you come to gloat about your imaginary water company expecting praise JUST BECAUSE you're a black guy starting a business. People would take you seriously if you weren't such a douchebag about it.

People would take you serious if your statements weren't always spoken in a bitter manner. Like I said in the post that hurt you enough to block me, "get over yourself". I don't know why you're so insecure and angry with the world, but it seems like you've got a lot of emotional problems.

 

[marcuz]

Probably because you come to gloat about your imaginary water company expecting praise JUST BECAUSE you're a black guy starting a business. People would take you seriously if you weren't such a douchebag about it.

dude is arrogant and ignorant at the same time. "i own a black business and blacks don't support it!" then ask the nikka where we can buy a bottle and it's "go to your local store and DEMAND they stock MollyWater!" dude went as far as to ignore the last guy who offered to buy a case

 

[Solano707]

So its possible to make a profit even though the mortgage isnt payed in full, correct?.
I figured the only reason i wanna get into this is to rent to own, then rent it to somebody else if possible to comeout witg profit that way.

Negative breh - The rent must cover the full mortgage to include escrow (if you signed up for it), homeowners insurance (even though you require the renters to have renters insurance) and the such. Then I tack on an extra $100 to be deposited in a rainy day account - that's where i make my profit.

The rent to own, then rent to someone else will most likely not work, because whoever you are renting it from has already inflated the price to account for profit. So that means you would have to inflate that price to make a come up as well - which will most likely mean that it will be above market value.

 

[Lana Kane]

dude is arrogant and ignorant at the same time. "i own a black business and blacks don't support it!" then ask the nikka where we can buy a bottle and it's "go to your local store and DEMAND they stock MollyWater!" dude went as far as to ignore the last guy who offered to buy a case

This guy has no clue of what he's doing. It pisses me off when I see him complain like that because I love supporting black businesses but mollywatr, I'll pass until it's been distributed to at least a bodega.

 

[Solano707]

This guy has no clue of what he's doing. It pisses me off when I see him complain like that because I love supporting black businesses but mollywatr, I'll pass until it's been distributed to at least a bodega.

 

[Solano707]

I'm thinking about opening a Daiquiri and PoBoy shop back in Louisiana.

Po Boy shop would be the shyt. For the Daiquri, i really don't see them around on the west coast

but... get money breh

 

[The Bilingual Gringo]

Being a landlord isn't all that great of a venture. You probably won't clear a good amount of profit on a monthly basis, unless you're down on your current mortgage and can rent higher w/ a good location. A lot of people forget that you're still going to have issues w/ the house, fixing it, repairs from the tenants causing damage, etc. Best part about it is having someone else pay your mortgage, so from a net worth standpoint that's where you come ahead.

 

[The Nigerian]

dude is arrogant and ignorant at the same time. "i own a black business and blacks don't support it!" then ask the nikka where we can buy a bottle and it's "go to your local store and DEMAND they stock MollyWater!" dude went as far as to ignore the last guy who offered to buy a case

The majority of people involved in my operations are black.

Black people also make up most of my sales. Black people support me and my business. No question.

I'm not talking about Black people in general. I'm just talking about idiots, like you, that make up this forum.

You know, agoraphobic, anti-social, incel dweebs that live in their mom's basement and post on the Coli. Just like you.

This is not the place to be posting if you have ambitions to actually make money.

 

[marcuz]

The majority of people involved in my operations are black.

Black people also make up most of my sales. Black people support me and my business. No question.

I'm not talking about Black people in general. I'm just talking about idiots, like you, that make up this forum.

You know, agoraphobic, anti-social, incel dweebs that live in their mom's basement and post on the Coli. Just like you.

This is not the place to be posting if you have ambitions to actually make money.

rather live in my moms basement than on some cacs couch

and if this isn't the place to post if you have ambitions to make money. why'd you say coli is "GREAT" for promotion on TC?

 

[Lana Kane]

The majority of people involved in my operations are black.

Black people also make up most of my sales. Black people support me and my business. No question.

I'm not talking about Black people in general. I'm just talking about idiots, like you, that make up this forum.

You know, agoraphobic, anti-social, incel dweebs that live in their mom's basement and post on the Coli. Just like you.

This is not the place to be posting if you have ambitions to actually make money.

STAHP.