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unam sanctum



Registered: 04/20/11
Posts: 6,702
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Quote:
A Day InThe Life said: Well I'm in school for a per-apprenticeship program for motorcycle mechanics. Will be looking for an apprenticeship for next spring. I've always wanted to fix up junk bikes from classifieds and sell for a profit on the side but that doesn't exactly take a whole lot of investment.
that's fun and at least you're hands on that's gonna save you a lot in general. but unless you already have the land/space you'll be stretched to start up a shop making a profit, which is the idea. go to money matters forum and get some real advice on how to invest. put it somewhere it does good but you can sill get to it if you have to. take 10k from the start if you want to have some fun, but having blown thousands myself I advise you don't.
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fapjack
Title



Registered: 07/26/07
Posts: 16,574
Loc: Central New Jersey
Last seen: 3 years, 11 months
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Re: Say you were to recieve an inheritance.. [Re: NotTheDevil]
#18978345 - 10/14/13 08:02 PM (10 years, 4 months ago) |
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Quote:
NotTheDevil said:
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fapjack said: 40,000 cups of piss out of your asshole mud more like it. I can't even get a cup of coffee for $2 around me.
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fapjack said: 40,000 cups of piss out of your asshole mud more like it. I can't even get a cup of coffee for $2 around me.
Make it yourself, lazy 
I make coffee everyday. Fuck wasting all that money, I drink way too much coffee to buy it everyday.
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Psilosopherr
A psilly goose



Registered: 02/15/12
Posts: 12,278
Last seen: 2 months, 4 days
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Re: Say you were to recieve an inheritance.. [Re: fapjack]
#18978362 - 10/14/13 08:05 PM (10 years, 4 months ago) |
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Quote:
fapjack said:
Quote:
NotTheDevil said:
Quote:
fapjack said: 40,000 cups of piss out of your asshole mud more like it. I can't even get a cup of coffee for $2 around me.
Quote:
fapjack said: 40,000 cups of piss out of your asshole mud more like it. I can't even get a cup of coffee for $2 around me.
Make it yourself, lazy 
I make coffee everyday. Fuck wasting all that money, I drink way too much coffee to buy it everyday.
people who buy 4 dollar cups of coffee are fucking newbs.
or wealthier than I..
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Brakepad
Fuck society


Registered: 11/29/12
Posts: 163
Last seen: 9 years, 7 months
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Re: Say you were to recieve an inheritance.. [Re: fapjack]
#18978380 - 10/14/13 08:07 PM (10 years, 4 months ago) |
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Invest it in some industrial hemp
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Cactus.
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unknown1123
Experimental

Registered: 05/15/08
Posts: 5,813
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Re: Say you were to recieve an inheritance.. [Re: Patlal]
#18978386 - 10/14/13 08:08 PM (10 years, 4 months ago) |
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Buy some place/real estate you can rent out. look up leases, talk to a lawyer and look up your local laws and become a landlord. put ~25k down on a ~100k property that is ready to be rented, near a big job place or university. Make rent be enough to cover mortgage, taxes, utils, and maybe a couple hundred extra to invest back into the property.
rinse repeat till you have 4-5 properties and wait till they're paid off. then you're looking at 3-4K extra income a month.
Ideally, you'd buy a house with a 2 story garage and covert the garage into your place while you rent out the house. It will net you more money. You keep working your job and use the extra 10k to be a guard against anyone not moving into for ~10 months and the left over 5k to renovate your garage to make it livable until you have lessees to start paying rent that will go towards your mortgage payment.
with 25% down on a place you may be able to get away with a 15y loan, the house will be paid for by then and you will be able to upgrade to a somewhat past neighbor hood standards, ie new kitchen, bathrooms, floors, and watch your investment grow.
wrote this with one hand so ignore grammar and spelling
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A Day InThe Life
Jack of All


Registered: 03/06/09
Posts: 1,175
Loc: Canada
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Re: Say you were to recieve an inheritance.. [Re: unknown1123]
#18978455 - 10/14/13 08:21 PM (10 years, 4 months ago) |
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Quote:
unknown1123 said: Buy some place/real estate you can rent out. look up leases, talk to a lawyer and look up your local laws and become a landlord. put ~25k down on a ~100k property that is ready to be rented, near a big job place or university. Make rent be enough to cover mortgage, taxes, utils, and maybe a couple hundred extra to invest back into the property.
rinse repeat till you have 4-5 properties and wait till they're paid off. then you're looking at 3-4K extra income a month.
Ideally, you'd buy a house with a 2 story garage and covert the garage into your place while you rent out the house. It will net you more money. You keep working your job and use the extra 10k to be a guard against anyone not moving into for ~10 months and the left over 5k to renovate your garage to make it livable until you have lessees to start paying rent that will go towards your mortgage payment.
with 25% down on a place you may be able to get away with a 15y loan, the house will be paid for by then and you will be able to upgrade to a somewhat past neighbor hood standards, ie new kitchen, bathrooms, floors, and watch your investment grow.
wrote this with one hand so ignore grammar and spelling

I like this idea the most, although I feel like I'd need to save a little more myself before I can start that.
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LySergic D
Drink all day and rock all night


Registered: 10/20/11
Posts: 7,583
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I would buy a 10 pack of LSD and put a down payment on a nice house to eat the LSD in.
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Broken heart don't feel so bad You ain't got half of what you thought you had Rock you baby to and fro Not too fast and not too slow
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SattvaBodhi
nobody

Registered: 08/09/13
Posts: 392
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I would buy a foreclosed house in Colorado for 10K and spend the rest on fixing it up.
-------------------- My ETSY shop .. stop by and look ***Disclaimer*** Everything I say in my posts is false. I have never done any drugs nor will I ever. Drugs are bad mmkay.
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teamkiller
ghetto drama whore



Registered: 06/06/11
Posts: 8,806
Last seen: 14 days, 23 hours
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Re: Say you were to recieve an inheritance.. [Re: SattvaBodhi]
#18978805 - 10/14/13 09:26 PM (10 years, 4 months ago) |
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please ban the OP for making this thread when we had the exact same thread yesterday or the day before.
also ban anyone who wants to move to colorado.
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nicechrisman
Interdimensional space wizard



Registered: 11/07/03
Posts: 33,241
Last seen: 4 years, 7 months
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Re: Say you were to recieve an inheritance.. [Re: teamkiller]
#18978815 - 10/14/13 09:28 PM (10 years, 4 months ago) |
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#plzbanteamkiller
-------------------- "Cosmic Love is absolutelely ruthless and highly indifferent: it teaches its lessons whether you like/dislike them or not." John C. Lily
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NotTheDevil
Transhuman


Registered: 01/08/13
Posts: 5,436
Loc: US
Last seen: 3 years, 2 months
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Re: Say you were to recieve an inheritance.. [Re: teamkiller] 1
#18978867 - 10/14/13 09:38 PM (10 years, 4 months ago) |
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Quote:
teamkiller said: please ban the OP for making this thread when we had the exact same thread yesterday or the day before.
also ban anyone who wants to move to colorado.
What we had was a thread on how to spend 50k in illegal money
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