Jump to content
Search In
  • More options...
Find results that contain...
Find results in...
lord_casek

Come ups: Flipping money and the hustle

Recommended Posts

Talk about come ups, hustles, etc. I'm in the mood to learn something new.

 

 

Found this:

 

 

 

SOME GOLDEN MONEY RULES:

1. Money ain’t sh!t. Once you put this in your head, you’ll soon start to see your income skyrocket. Your mind can do some crazy ass sh!t. Have you ever lost something and tried so hard to look for it - but never succeeded? You only found it when you stopped putting so much emphasis on looking for it, right? Stop putting so much weight on money. Money aint sh!t.

 

2. Money as a Vehicle

Money gets you places. Your muscles can get you places. Money is a tool to build whatever you want to build, get you to wherever you want to get. A foot slipper can do the same thing. Just like a knife, you can either be constructive or destructive. Destruction: you slash your baby mama’s lungs out of her body and then slice off your eyelids. Constructive: You cut pieces of meat and veggies to feed your family so they can be strong and work for your ass while you eat, sleep, and sh!t for 23 hours a day. Think of the huge impact of what things can do. Money is more versatile a tool than many other tools out there - so make sure to utilize it like the ultimate tool, not the ultimate destructive tool (drugs).

3. Stop Flossin’

You can get money quick, you’re on the fast track. You’re banking $10,000 a day running legit businesses. You decided you deserve to floss it, telling everyone how much you make…you get jacked. Don’t be a target. The internet is the same damn story - e-thugs be doing drive by spamming. They do you in your ass too - giving you mad viruses. Stop acting like a baller, leave that to the fake rappers on MTV. Handle you, your gold diggin girl, and your family. Your friends ain’t gotta know. And you’re a wanksta if you have to pay for respect and props. Money talks, but so does a gun in your mouth. The more modest you get - the more fun the game gets.

4. Learn how to read numbers

I learned how to read numbers at a very young age. Reading numbers is just like learning a new language, you see patterns, you see correlations, and you start formulating a picture and forecasting. Be your own Financial Miss Cleo and start loving how to read numbers. Again, learn how to read numbers. See trends. See how events effect numbers. See how small your penis is.

5. Fall 8 Times, Get up 9 Times

If you are scared of failing, close this thread and continue on to www.midgetporn.com . You ain’t gonna be rich homeboy.

6. Learn about the power of compounding

If Einstein said it’s one of the most ingenious concepts of all time - then your ass should listen and utilize it. Take your ass to google.com and look up “The Power of Compounding”. Learn it, understand it, use it.

7. Look for Mentors

Kobe is a herb, but he can hoop like a no other. He did it by copying Jordan. Find mentors. There’s a lot of child molestors on the internet, but there are also good mentors. Look for a forum, and start developing relationships with these people who are nerds just like you. Save them on your buddylist and make sure to keep asking them questions and bothering them until they block your chauncy ass.

  • Like 3

Share this post


Link to post
Share on other sites

"Just like a knife, you can either be constructive or destructive. Destruction: you slash your baby mama’s lungs out of her body and then slice off your eyelids. Constructive: You cut pieces of meat and veggies to feed your family so they can be strong and work for your ass while you eat, sleep, and sh!t for 23 hours a day."

 

:lol: :lol: :lol:

 

harvey.jpg?t=1250566361

Share this post


Link to post
Share on other sites

I don't worry much about money.

that's because I don't have any, but this does not make it appear.

therefor, I do not agree with these statements.

  • Like 1

Share this post


Link to post
Share on other sites

Casek you think they gunna give away their gutter ass ancient oriental cheesteaks secrets just like that?

 

 

Give the Black folk some incentive

Share this post


Link to post
Share on other sites

diversify

 

Don't fall into pyamid schemes

 

Sell all that shit in yer closet you haven't touched in years

Take advantage of being able to sell shit at the black market (swap meet). No papertrail.

Share this post


Link to post
Share on other sites

a kid i know thinks its a good idea to scan and steal visa gift cards.

baaaaaaad loooooooooks

Share this post


Link to post
Share on other sites

You can flip some things to make more money

 

 

other than that i have nothing, would like

to see some posted up though...im no help

Share this post


Link to post
Share on other sites
diversify

 

Don't fall into pyamid schemes

 

Sell all that shit in yer closet you haven't touched in years

Take advantage of being able to sell shit at the black market (swap meet). No papertrail.

 

B&H's is on to something here, and I wouldn't exclude, PROPERTY, but we all know you gotta work your way up 1st! I gotta learn that Ebay shit!

Share this post


Link to post
Share on other sites

Craigslist

 

Search Seller carry or look for FSBO properties call the sellers ask them if they will carry the loan at a decent rate they usually own them free and clear. If they dont ask if loan is assumable. Use what money you have make a small down payment to them for carrying the loan. Calculate the loan payment with taxes and insurance if you can rent it for anything over this dollar amount the property will cashflow and is a good prospect. No bank qualifying you can buy as many of these as you want.

 

So here is the outcome.

 

Example you find 100K house put 5k to get the seller to carry the 95K loan at simple interest only of 6% your payment with taxes is roughly 575.00 a month. So you rent it for 675.00 and you profit 100.00 a month cashflow. Doesnt seem like much for your 5k investment but you couldnt get a return of 100 dollars a month in the bank and you would never get 5-10% appreciation on 100K. So lets recap for your 5K in the first year you return approximately 1200 in rents 5-10K in appreciation. Thats pretty solid take 20 grand and do 4 houses thats a pretty good return for 20K. 400 dollars a month for you and a potential return of 20-40K in the first year if you sold.

 

This is being conservative in my area the appreciation could reach 20% in the first year due to foreclosures bringing down prices recently. The prices are already stabilizing so you have to act fast and get deals while sellers are still naive to think the bottom is not yet here. Bottom was 3 months ago IMO.

 

In 2 years you can sell them high and diversify your money elsewhere or by a bigger rental cash and now you have more cash flow and a larger initial investment. Most Real estate investors invest this way to create longterm cash not quick flips. Flips take more risk and more cash to fix, more of a gamble. Rentals are more cut and dry, a wise investor once told me buy any real estate that will pay for itself. Using other peoples money to make you money is a hustle in itself, you dont have to be a genius just motivated and determined.

  • Like 1

Share this post


Link to post
Share on other sites

Uh your first move would be not to read dumb shit online where the guy talks about fools jacking you for your money. What are you trying to do sell dime bags and snickers bars? Don't be silly

Share this post


Link to post
Share on other sites

anyone want to be my michael jordan rap letter mentor?

 

 

 

 

no wait that sounds way too homoerotic.

 

 

also, i dont understand what "reading numbers" means. do i lose?

Share this post


Link to post
Share on other sites

Register for a 12ozProphet forum account or sign in to comment

You need to be a forum member in order to comment. Forum accounts are separate from shop accounts.

Create an account

Register to become a 12ozProphet forum member.

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×