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Ideal passive income to quit work forever
#76

Ideal passive income to quit work forever

In most places outside the US 5-6k will have you living upper middle class. If you have 10k a month you will be able to save A LOT and reinvest.
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#77

Ideal passive income to quit work forever

Quote: (12-23-2014 05:37 PM)Killface Wrote:  

I appreciate your answer. It looks like NYC is probably out. 360k a year passive would just take too long. I could jump ship at 150k and if the savings rate is good, I could be at 360k 15 or so years later while enjoying life in the meantime. Especially if most of that time is spent overseas, so expenses are low. Then again, do I really need NYC to be happy? It doesn't even seem like my kind of place, but the thought of having the option is nice. I would say at those numbers, NYC is just way too far to the right of the effort/gain curve. The focus on status/money I always hear about associated with the place is totally at odds with the mentality of a guy who loves living in an RV.

I gave you the formula, now just apply it to your life.

It's pretty simple.

WIA
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#78

Ideal passive income to quit work forever

For an RV guy $150k is plenty.

You don't need NYC. Stick with abroad or a cheaper place like Montreal in the summer.

SENS Foundation - help stop age-related diseases

Quote: (05-19-2016 12:01 PM)Giovonny Wrote:  
If I talk to 100 19 year old girls, at least one of them is getting fucked!
Quote:WestIndianArchie Wrote:
Am I reacting to her? No pussy, all problems
Or
Is she reacting to me? All pussy, no problems
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#79

Ideal passive income to quit work forever

Still interested in this thread. Would love to see a data sheet on property investment and management. How you learned to pick units etc.
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#80

Ideal passive income to quit work forever

Quote: (12-23-2014 06:30 PM)Fisto Wrote:  

I think there are ways to express skepticism without being downright assholes. He's right though, you guys are jumping all over him like feminists that don't hear something that fits their worldview. Right now I think what he's saying is possible.

Fair enough Fisto. Lots of things are possible.
But I very strongly believe that OP is not being even close to truthful, and is deliberately seeking to mislead people for the purpose of some sort of emotional gratification he receives based on people's responses and the attention.
That said, if he can provide proof via private message to you or any other very well established forum member of his choosing, and that member then vouches in this thread for him, I will happily admit that I was wrong, and give him a rep point.

"Me llaman el desaparecido
Que cuando llega ya se ha ido
Volando vengo, volando voy
Deprisa deprisa a rumbo perdido"
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#81

Ideal passive income to quit work forever

Roosh does not vouch for forum members he hasn't met, so I will send some docs to Fisto after I redact the personal stuff.
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#82

Ideal passive income to quit work forever

I cant question all the money stuff too much, because im not big on real estate. What I want to know is how you drop from 20% BF to 8% within that period. You know how hard that is? and in your case while working that hard and "forsaking self"

To be honest.... I find this really hard to believe.

Choose your next witticism carefully Mr Bond, it may be your last.

its really precious seeing your rodent wheel excuses for brains spin endlessly
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#83

Ideal passive income to quit work forever

PSMF + muscle memory + heavy compounds + tons of sleep and a stress free life for a couple of those months
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#84

Ideal passive income to quit work forever

Quote: (12-23-2014 09:21 PM)VolandoVengoVolandoVoy Wrote:  

Quote: (12-23-2014 06:30 PM)Fisto Wrote:  

I think there are ways to express skepticism without being downright assholes. He's right though, you guys are jumping all over him like feminists that don't hear something that fits their worldview. Right now I think what he's saying is possible.

Fair enough Fisto. Lots of things are possible.
But I very strongly believe that OP is not being even close to truthful, and is deliberately seeking to mislead people for the purpose of some sort of emotional gratification he receives based on people's responses and the attention.
That said, if he can provide proof via private message to you or any other very well established forum member of his choosing, and that member then vouches in this thread for him, I will happily admit that I was wrong, and give him a rep point.

Well maybe it's because he has the moniker of one of my favorite villains but his story is not impossible and for a person determined enough, it's very possible

It's not like we have a little dark story going on here and I understand the skepticism. We get so many jackasses in here claiming this or that but right now I'm withholding judgement because I enjoy hearing about success stories like these.

If it's possible for this man, it's possible for all of us.

Even if this turns out to be phony, I think we have a decent template to work from here.

That said;

Killface,

The way this forum works requires enough information to be helpful and then people will be helpful in return. You've been vague and brushed over a lot of important details.

If you've been lurking for awhile you should know this.

Showing up and making extraordinary claims in your first posts requires some more substance.

This place as you said, is a great wealth of information, and many of it's members often remain silent on threads like these because of the reasons I mentioned before.

Break everything down:

What affiliate business model you were in, how you juggled that with your 24/7 work schedule, when you showered, what you subsisted on, what job you took in the oilfield, what made the interview go so well, what bodies of information you looked at to start investing in real estate, how you came to these conclusions, everything.

I can tell you that you're probably at risk of being banned if you can't back any of this stuff up.

You don't want to do that because when you get established here, you automatically have allies from all walks of life and all around the world.
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#85

Ideal passive income to quit work forever

I can for sure do a detailed datasheet or an AMA or both. I'll also send some stuff over when I can. Couple days max if the workload is intense. Stay tuned.
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#86

Ideal passive income to quit work forever

What triggers a b.s. red flag for me here is that he's repeating basic real estate investment knowledge verbatim from biggerpockets podcast and the forum on there but he does not sound like someone who actually invests himself. He's just regurgitating.

I'm familiar with real estate investment and if he's indeed getting 2-4% with all these rental properties he's invested in (with no rehab !) then he can go into detail about the state, neighborhoods, and very specific type of buildings he buys. Just saying he buys super cheap duplexes each that magically don't need rehab and are easy passive investments also sounds like b.s.
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#87

Ideal passive income to quit work forever

Tits or it didn't happen [Image: lol.gif]

Team Nachos
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#88

Ideal passive income to quit work forever

Quote: (12-23-2014 04:42 PM)kr4t0s Wrote:  

Quote: (12-23-2014 04:22 PM)Killface Wrote:  

A nice apartment in a top flight American/developed world city would be what, $1500-2000 per month max? Single bedroom. Obviously if you're not trying to live in NYC, just a nice city like, say, Denver, reduce that to $1000. And if you're looking internationally that will come down alot. And that's if I decide to move out of the RV, which I currently enjoy. It's free.

It's pretty clear you have never been to NYC....

or los angeles, the bay area, boston, miami beach. I really do want to believe but man, this is tough to swallow.
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#89

Ideal passive income to quit work forever

Quote: (12-24-2014 03:52 AM)eradicator Wrote:  

Quote: (12-23-2014 04:42 PM)kr4t0s Wrote:  

Quote: (12-23-2014 04:22 PM)Killface Wrote:  

A nice apartment in a top flight American/developed world city would be what, $1500-2000 per month max? Single bedroom. Obviously if you're not trying to live in NYC, just a nice city like, say, Denver, reduce that to $1000. And if you're looking internationally that will come down alot. And that's if I decide to move out of the RV, which I currently enjoy. It's free.

It's pretty clear you have never been to NYC....

or los angeles, the bay area, boston, miami beach. I really do want to believe but man, this is tough to swallow.

Might be possible in 3rd or 4th tier cities. Either way the BS alarm is still buzzing.

A rep point will be given when I am proven wrong.
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#90

Ideal passive income to quit work forever

The RV is my dream after my biz takes off. My office is located in a place where it gets cold in winter so I'd bail to warmer places for the season. Can stay on relatives' property for a few weeks at a time for free or very little (contribute to power bill).

Team visible roots
"The Carousel Stops For No Man" - Tuthmosis
Quote: (02-11-2019 05:10 PM)Atlanta Man Wrote:  
I take pussy how it comes -but I do now prefer it shaved low at least-you cannot eat what you cannot see.
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#91

Ideal passive income to quit work forever

Matt, I would recommend the Winnebago Rialta. It's what I have and I absolutely love it. I can park on public streets or parking lots without hassle. It's self contained, no hookups necessary. And 20mpg
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#92

Ideal passive income to quit work forever

Fisto could you pm me an email address? I have proof
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#93

Ideal passive income to quit work forever

Quote: (12-24-2014 01:29 PM)Killface Wrote:  

Matt, I would recommend the Winnebago Rialta. It's what I have and I absolutely love it. I can park on public streets or parking lots without hassle. It's self contained, no hookups necessary. And 20mpg

Quote:Quote:

Are you more than 5'10" tall ?
The interior ceiling height is only 5'10"!!! If you're taller than that, then there are only two places in the inside where you can stand with your head not being bent down: one is right inside of the side door entrance, and the other is directly underneath the skylight. Anywhere else and you will be banging your head especially on the roof air conditioner controls. What the heck was Winnebago thinking?

My Jayco SLX is just right for my height, I'm 6' 1" and do not bang my head on the ceiling.

I have thought about getting one of those Toyota R22 engine powered Winnie's from the 90s. That engine runs forever and is good on gas, too bad they quit making those in the 90s.

Team visible roots
"The Carousel Stops For No Man" - Tuthmosis
Quote: (02-11-2019 05:10 PM)Atlanta Man Wrote:  
I take pussy how it comes -but I do now prefer it shaved low at least-you cannot eat what you cannot see.
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#94

Ideal passive income to quit work forever

Quote: (12-23-2014 03:29 PM)Killface Wrote:  

Quote: (12-23-2014 12:26 PM)VolandoVengoVolandoVoy Wrote:  

LOL @ getting approved for 30 mortgages at the same time.
Dude has never rented a property in his own name, let alone bought one.

I have 7 mortgages. The rest were cash purchases. I also did not say 30 buildings, I said 30 units, which in real estate terminology basically means half of a duplex, a third of a triplex, or an entire single family house, etc.

You can also get approved for multiple mortgages simultaneously as long as you qualify based on reserves, DTI, and credit score.

I'm going reserve judgement and keep an open mind here.

Since I dabble in RE, I have a few questions for you:

- What was the timing of your mortgages? Did you buy some of the properties all cash first or did you mixed between the all cash purchases and mortgages?
- What was your DTI when made the mortgage applications?

As for your questions: If I were in your shoes, I'd keep one unit that I own (worst, cheapest) furnished with my stuff, while I traveled. That would also serve my "office" for tax purposes.

With $5/K income you can cover a lot of Asia, Africa, and parts of South America very comfortably. Europe and Australia might be a bit trickier depending on your home city/desires, however it is definite do-able.
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#95

Ideal passive income to quit work forever

I recieved an email from Killface that had screenshots from his affliate accounts as well as photos of hard copy bank statements (from the begining of this year) with personal info redacted.

Also a link to an article about him on boxofads.com where he answers some questions about his success up to that point.

He has sent this to me from what appears to be his personal email address and his photo is in the link which he asked me not to include here.

At this point I believe he is who he says he is and if he hasn't done the exact numbers he has claimed, he's done damn close.

Regarding his job and other things that remains to be seen.

We have an affliate genius in our midst.

What I want to know is, how did your success come to such a sudden halt?

He doesn't strike me as the type of guy that needs anonymous forum high fives that won't last very long as guys on here are good at seeing through bullshit.
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#96

Ideal passive income to quit work forever

Quote: (12-23-2014 09:59 PM)Fisto Wrote:  

I'm withholding judgement because I enjoy hearing about success stories like these.

If it's possible for this man, it's possible for all of us.

As per the above, I'm glad killface may end up being legit! What one man can do, another can do!




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#97

Ideal passive income to quit work forever

Wow ok. Watching this thread.
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#98

Ideal passive income to quit work forever

I wish I had been this smart and switched on at such a young age.

All I could think about is fast cars and fast women at that age.

Props if it's all legit.
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#99

Ideal passive income to quit work forever

Quote: (12-25-2014 01:11 AM)Fisto Wrote:  

I recieved an email from Killface that had screenshots from his affliate accounts as well as photos of hard copy bank statements (from the begining of this year) with personal info redacted.

Also a link to an article about him on boxofads.com where he answers some questions about his success up to that point.

He has sent this to me from what appears to be his personal email address and his photo is in the link which he asked me not to include here.

At this point I believe he is who he says he is and if he hasn't done the exact numbers he has claimed, he's done damn close.

Regarding his job and other things that remains to be seen.

We have an affliate genius in our midst.

What I want to know is, how did your success come to such a sudden halt?

He doesn't strike me as the type of guy that needs anonymous forum high fives that won't last very long as guys on here are good at seeing through bullshit.

In your opinion, could the "proof" you have seen have been falsified/photoshopped or just copied from another source?
For example, if a person had a couple of days or even just a couple of hours free, and wanted to attempt to fool someone or pretend to be someone else could someone with a reasonable degree of computer literacy create and send the same thing?
I'm just naturally skeptical, but I'm not stubborn, and am willing to change my mind based on new information.

"Me llaman el desaparecido
Que cuando llega ya se ha ido
Volando vengo, volando voy
Deprisa deprisa a rumbo perdido"
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Ideal passive income to quit work forever

Quote: (12-23-2014 04:22 PM)Killface Wrote:  

A nice apartment in a top flight American/developed world city would be what, $1500-2000 per month max? Single bedroom. Obviously if you're not trying to live in NYC, just a nice city like, say, Denver, reduce that to $1000. And if you're looking internationally that will come down alot. And that's if I decide to move out of the RV, which I currently enjoy. It's free.

Guys this pal is a troll. Nobody that is wise in money and investments could make such a statement of NYC...
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