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Life Aint Nothing But Bitches And Money...

Discussion in 'Channel Zero' started by maltliqourlive, Mar 25, 2005.

  1. maltliqourlive

    maltliqourlive Junior Member

    Joined: Mar 12, 2005 Messages: 203 Likes Received: 0
    Its Life, its rough, its hard, its easy, its life.

    hmmmmmm...

    I guess this thread is dedicated to self introspection over the last years.

    Im getting older. What do I care about now? Racks, Heavens, Freights, Shots, Hos, Kicks...

    not really. Im more concerned with property ownership, equitable credit lines, luxury furnishings...none of which i have.

    However I think i can get just as up with a piece of furniture that sells than i can with a burner that rides you know?

    So, 12oz is a nice community that retains a lot of intelligent established citizens coming from a graffiti background.

    point blank.....i want a house a car a wife a pitbull and maybe a kid. im getting old. i give it up to those that write that are older than me...but hey..i kinna sucked at graffiti. i want money. cold hard cash. revolving credit lines and property. you can make stoopid money with property. its easy to do as well....you would not belive what slumlords get away with. and these are motherfucking slum lords...bitches got like a million plus in revolving equity.

    so i guess i created this thread to open a forum of discussion on getting rich in our current economy.

    if you can buy property in cali for example your rich.

    property in the bay area went up 20% in one fucking year.

    average for the state is 13-15% yearly...YEARLY.

    once you buy one you can borrow against it to buy more and so on....

    you know what im saying though? me and my ex bitch dropped 80 grand in rent by the time we were 26. where the fuck was the class in highschool that taught you how to buy a house at 19???


    bling motherfucking bling...
     
  2. defyoner

    defyoner Elite Member

    Joined: Jul 20, 2000 Messages: 4,873 Likes Received: 3
    life goes on.
    its all becoming a big joke to me. which is alot of fun. i dont care for anyone's oppinions. all i care about is making myself happy. which yea its totally selfish. but its me time. im sick of being mr. selfless. so fuck you all. other than that.. a year ago i was out of school.. working super part time (8-16 hours a week).. now im in school full time (22 hours a week) working 38 hours a week. making that paper. woooordd. just got a $5500 credit line from bank one.. which was odd.. because i have 2+ credit disputes with them from previous shit. ack what ever.

    bling.status. from $0 to $7000 credit line. and $4000+ in savings. word.
     
  3. maltliqourlive

    maltliqourlive Junior Member

    Joined: Mar 12, 2005 Messages: 203 Likes Received: 0
    be responsible with that credit line and in 5 years youll have a credit line of 50 grand if you have an income to support it.
    credit is no joke. take advantage of that and start building your credit to qaulify for a mortgage and then pull pimp shit like revolving credit lines of 100G's.

    or you can fuck it off and pay mad interest while being in debt for a long ass time and completely screw your chances of qaulifying for a mortgage.
     
  4. defyoner

    defyoner Elite Member

    Joined: Jul 20, 2000 Messages: 4,873 Likes Received: 3

    haha i have never made a payment on any of my cards.. that was less than $250 at a time.. and when i do that i usually pay $250 one week. then the next week drop another $300 or so. ive learned from others experiences. hahahahahaha.
     
  5. maltliqourlive

    maltliqourlive Junior Member

    Joined: Mar 12, 2005 Messages: 203 Likes Received: 0
    im tellin you...

    buy property.

    if you own property, your rich. watch out though cause they will try and jack your ass for it to.

    point blank...my apt is 1600 a month..my parents mortgage is 1700.
    get the point?

    the money i have dumped on rent could have had me a qaurter into a house that would have gained 30% in property value by now.

    use that credit to get a mortgage!!! buy other propertys agains that, lease em out for 5-10 years, let the property appreciate, remodle em and sell them shits.....

    your a millionare by 45 -50 at the latest.
     
  6. <KEY3>

    <KEY3> Veteran Member

    Joined: Mar 24, 2004 Messages: 6,878 Likes Received: 2
    < late night - drunken kilo comments >

    to be taken with a load of salt

    Here's the key to getting rich, even if that wasn't you primary question. BUY THINGS that will grow in value. We chatted about this before, being 'house-poor' and all. But the trut is that if you can hack it, then it's probably the only time you can hack it, so take the risk. Nomadawhat owns a 4plex, and guy's living the landlord life. SteveAustin must be too busy with his property to come buy the goo ol'ounce. or something like that....

    < end rant >

    hey maltliquorlive....
    if you dont mind sharing, how old are you? I'm closer to 30 than I am to 20 and I know that a lot of the people on here are in the same spot as you are. Decisions decisions decisions.

    here's my lat drunk point before I hit the 'add reply' button:
    If you personally think that you 'kind of sucked at graffiti'.... then dont give up something you're really good at for graf. Dont be a 'writer', just write you name on things when you feel like it, but dont let it be your 'all and end'. Focus young jedi, on what counts.

    damn... dont let me post after a night out.
     
  7. defyoner

    defyoner Elite Member

    Joined: Jul 20, 2000 Messages: 4,873 Likes Received: 3
    exactly. thats what im lookin to do.
    the only down side to being 20.. with this much of a credit line is, loans.. car loans.. and what not. im less likely to get them. once they see that my credit line is that high. they will just be like, look you got this credit why the hell do you need a $5000 car loan.
    on the other hand.. i can do alot more traveling now. which ive been wanting to do. i havent made it out to the west coast on a solo trip. ive been meaning to hit up reno for the past 3 years. but never had the money to do so. short version. WESTCOAST BOUND
     
  8. <KEY3>

    <KEY3> Veteran Member

    Joined: Mar 24, 2004 Messages: 6,878 Likes Received: 2
    more ranting... about buying property:

    I met with some people who will be my new landlords when I move into this new pad. These people have never been 'landlords' before and they bought a 500K victorian house in the next good area. Figure that if you can get the loan, you can have tennants pay your way. How nice would that be.... if you can handle the midnight call when the water goes out.

    how to be rich:

    1 - know your 'latte' factor
    2 - pay yourself first - before tax
    3 - own property
    4 - use what you own to offset intrest.

    where the hell is steveaustin?????
     
  9. <KEY3>

    <KEY3> Veteran Member

    Joined: Mar 24, 2004 Messages: 6,878 Likes Received: 2
    yo... gliko's up in here...

    what do you have to say bigG?
     
  10. maltliqourlive

    maltliqourlive Junior Member

    Joined: Mar 12, 2005 Messages: 203 Likes Received: 0
    yo Key...

    i paint a nice style. good letter structure. nice fills.

    i caught cases though.

    im way closer to thirty than i am 20,

    my homegirl who i would totally marry and have a child with just got her real estate license and i got friends in construction.

    i pull a decent amount yearly 35gs or so.

    i have no credit yet, no debt...and like i said i paid mad rent...

    im in this to win this...i want to be rich! easiest way i see is to either start a .com and get bought out or borrow money, buy property, lease it out until the taxes stop jacking you and resell.

    its straight adult shit. you can get jacked, but worst comes to worst, if your not fucked on your credit you can call bankruptcy and keep a house and a car.

    we are thinking about starting a llc and borrowing as a group to buy property.

    straight up yo, i can paint pieces till the day i die...i only have so much time to make a few million you know??

    im pretty drunk to.
     
  11. <KEY3>

    <KEY3> Veteran Member

    Joined: Mar 24, 2004 Messages: 6,878 Likes Received: 2
    looking back over this thread..... I fail to see your problem
    You seem to be on track, and your bricks are stacked right?

    so your problem in one simple question? for us hard of reading


    is it just 'how do I make my million?'
    or is it more like 'how can I turn what I loveinto my million?'
     
  12. defyoner

    defyoner Elite Member

    Joined: Jul 20, 2000 Messages: 4,873 Likes Received: 3
    i thought it was a lifes change in the past year/few years thing. hahaha.
     
  13. maltliqourlive

    maltliqourlive Junior Member

    Joined: Mar 12, 2005 Messages: 203 Likes Received: 0
    well, a few years ago....


    i was paying stupid high rent and not thinking on how to be a millionare so i can travel the world when im old and grey.
     
  14. <KEY3>

    <KEY3> Veteran Member

    Joined: Mar 24, 2004 Messages: 6,878 Likes Received: 2
    I told you how... in unclear terms.

    1 - cut your 'latte' factor down. 'latte' means wasted money.
    2 - pay yourself before the tax man takes it. RSPs and 401k's.
    3 - own property. once you own the first one, put it up to get the loan for the next one.
    4 - live rich in real ways, not based on finances. Money isn't everything.

    all based on this book : http://www.finishrich.com/splash/index.html
     
  15. maltliqourlive

    maltliqourlive Junior Member

    Joined: Mar 12, 2005 Messages: 203 Likes Received: 0

    nahh dog...

    im on track..im not complaining nor looking for sympathy or help or any of that shit....

    more just trying to share my viewpoint on life and perhaps assist a 12ozer on getting on a better track to becoming a property owner and doing whatever they want to do with their life.

    ey yo, its channel zero...give a fuck with all the worthless shit on here. at least i tried to start a discussion on real economic ideas, principals and strategys that could play out in to becoming a large property owner and making a ton of cash.

    i mean, i could work a desk job or a trade and make a nice living, but to make millions, you either need a really good idea or own property.

    basically what im saying, is if you have credit cards, and established credit...work hard to keep that shit top notch and buy property. learn about what it takes to maintain and lease a property and do that shit!

    its a very serious adult conversation...rather out of place for channel zero..but hey...it was what was on my mind after a few fortys.
     
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