Why I Own 200, 000+ in Cars but NOT A HOUSE.
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Date: 2019-10-19
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Comments and reviews: 9
Dan Brocklehurst
If you want to save up as well as purchase a house you should buy an investment property and youll end up being ahead even more so than renting a room on the cheap. My first property is a 3 family and I lived on one floor. One renter would pay the mortgage and the other would be profit. Now that I have built my own house and rent all three apartments that property pays for itself and also pays my current mortgage. Then down the line I always have an extra revenue source and if Im ever in a bind I can sell it and pull out my equity which is a lot because I bought my house right after 2008 and its value has doubled since then
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If you want to save up as well as purchase a house you should buy an investment property and youll end up being ahead even more so than renting a room on the cheap. My first property is a 3 family and I lived on one floor. One renter would pay the mortgage and the other would be profit. Now that I have built my own house and rent all three apartments that property pays for itself and also pays my current mortgage. Then down the line I always have an extra revenue source and if Im ever in a bind I can sell it and pull out my equity which is a lot because I bought my house right after 2008 and its value has doubled since then
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Brian Bradford
Hey mateAlways love hearing about your goals and smart(and silly) financial decisions. I used to have similar goals for a boutique dealership but they have changed recently as my mindset has changed. It is still something I'd love to create but I have rearranged priorities for the moment. If you haven't seen or heard, check out my favourite dealership in Sydney Australia - Scuderia Graziani. I now live on The Gold Coast, Australia and there is nothing up here that is similar to SG so who knows, maybe in the future, it'll be on the cards
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Hey mateAlways love hearing about your goals and smart(and silly) financial decisions. I used to have similar goals for a boutique dealership but they have changed recently as my mindset has changed. It is still something I'd love to create but I have rearranged priorities for the moment. If you haven't seen or heard, check out my favourite dealership in Sydney Australia - Scuderia Graziani. I now live on The Gold Coast, Australia and there is nothing up here that is similar to SG so who knows, maybe in the future, it'll be on the cards
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Jonathan Cao
Some people might think thats an uneducated decision but I agree with the fact that you don't have a house is because with a house, you not only have to pay for all the bills such as electricity or water but with cars, you can have entertainment, a radio (which is your exhaust) and you can also travel in it. Not the fact that you have to buy gas and everything but forget that. Lastly, you made a good decision because you can't exactly buy a house with 200k. (That's a matter of opinion from where I live) Keep up the great videos
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Some people might think thats an uneducated decision but I agree with the fact that you don't have a house is because with a house, you not only have to pay for all the bills such as electricity or water but with cars, you can have entertainment, a radio (which is your exhaust) and you can also travel in it. Not the fact that you have to buy gas and everything but forget that. Lastly, you made a good decision because you can't exactly buy a house with 200k. (That's a matter of opinion from where I live) Keep up the great videos
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Its Pinecone
Manual geaebox Lambo. nuff said I like both V10 Lambos but if it came to manual vs automatic only the Gallardo wins hands down do to that. but if came between my two dream Lambos. 1) A Manual Gallardo TT with 1800hp or a Hurricane TT with 2500hp both my Undergroud Racing then itll be the 2500hp simple fornthe fact of well. who the hell gonna be faster to (55mph) than me in or near my New Orleans area in a 2500hp car. or at NOLA Motorsport Raceway racetrack.
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Manual geaebox Lambo. nuff said I like both V10 Lambos but if it came to manual vs automatic only the Gallardo wins hands down do to that. but if came between my two dream Lambos. 1) A Manual Gallardo TT with 1800hp or a Hurricane TT with 2500hp both my Undergroud Racing then itll be the 2500hp simple fornthe fact of well. who the hell gonna be faster to (55mph) than me in or near my New Orleans area in a 2500hp car. or at NOLA Motorsport Raceway racetrack.
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chris Marquez
I understand your goal. But think about it. If you waited those years just the get your lamb. 5 more years of hustling with the money you got. Like you claim. You could buy a house in state where they are cheap. Fix it. ND sell it for more money. Do that a couple of times nd next thing you know you can buy 5 more of those lambos. I love your cars tho. I'm looking forward on a r8 for my future car.
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I understand your goal. But think about it. If you waited those years just the get your lamb. 5 more years of hustling with the money you got. Like you claim. You could buy a house in state where they are cheap. Fix it. ND sell it for more money. Do that a couple of times nd next thing you know you can buy 5 more of those lambos. I love your cars tho. I'm looking forward on a r8 for my future car.
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Zephyr Gaming
TAGS OF DIS VIDEO ARE Lamborghini Gallardo Audi R8 Jeep Wrangler Supercars Hypercars Exotic Cars TheStradman Stradman Supercar Vlogger Vlogger How to Make Money Buying a Supercar in Cash Real Estate Streetspeed717 Tj Hunt Vehicle Virgins Tanner Fox Mo Vlogs Jake Paul logan Paul Tanner Braungardt Ricegum Casey Neistat Daily Driven Exotics Shmee150 JR Garage Lambo McLaren Ferrari Super Cars Cars
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TAGS OF DIS VIDEO ARE Lamborghini Gallardo Audi R8 Jeep Wrangler Supercars Hypercars Exotic Cars TheStradman Stradman Supercar Vlogger Vlogger How to Make Money Buying a Supercar in Cash Real Estate Streetspeed717 Tj Hunt Vehicle Virgins Tanner Fox Mo Vlogs Jake Paul logan Paul Tanner Braungardt Ricegum Casey Neistat Daily Driven Exotics Shmee150 JR Garage Lambo McLaren Ferrari Super Cars Cars
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lifeinhd
I'm about to buy a house, yet I completely agree with you. I'd much rather own a nice car than a nice house, so the house will be as cheap as possible. Only reasons I'm getting it are so I can a) have a garage where I can install a lift and work on cars, and b) work on the house itself (I love renovation projects. If I could rent and still get that, I probably would.
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I'm about to buy a house, yet I completely agree with you. I'd much rather own a nice car than a nice house, so the house will be as cheap as possible. Only reasons I'm getting it are so I can a) have a garage where I can install a lift and work on cars, and b) work on the house itself (I love renovation projects. If I could rent and still get that, I probably would.
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1984Explorer
Both have advantages. When you 'rent', you're renting the SPACE - it's flexible & the money you didn't put into a house can earn interest in other asset classes. When you 'buy', you're actually renting MONEY - housing is more stable & you can write off the interest from the loan on your taxes, but giveup mobility & interest you could've earned elsewhere.
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Both have advantages. When you 'rent', you're renting the SPACE - it's flexible & the money you didn't put into a house can earn interest in other asset classes. When you 'buy', you're actually renting MONEY - housing is more stable & you can write off the interest from the loan on your taxes, but giveup mobility & interest you could've earned elsewhere.
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Addison Tharpe
So thats how you shoot flames out a Lamborghini. I actually saw a Volkswagen like a 2003. i was racing it in a 2005 Hyundai Santa and as soon as my car started building up speed flame shot out his pipe and I didnt see him anymore. Ive raced heavily modded eclipse and Hondas. Even a Mazda Miata. I kept up with all of those cars. The Volkswagen though.
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So thats how you shoot flames out a Lamborghini. I actually saw a Volkswagen like a 2003. i was racing it in a 2005 Hyundai Santa and as soon as my car started building up speed flame shot out his pipe and I didnt see him anymore. Ive raced heavily modded eclipse and Hondas. Even a Mazda Miata. I kept up with all of those cars. The Volkswagen though.
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