Yeah, dumb question, IMO. You can make 300k and owe 1.5 million on a house. But the guy making 100k and having no debt is far better off.
Yeah, dumb question, IMO. You can make 300k and owe 1.5 million on a house. But the guy making 100k and having no debt is far better off.
I'd go with at least five million.Annual income is one measure. Net worth is another.
What's a killing it net worth?
What assets does the guy making 100k have though? Probably not building equity in a 1.5M house...Yeah, dumb question, IMO. You can make 300k and owe 1.5 million on a house. But the guy making 100k and having no debt is far better off.
I live in a 100k income household. I wouldn’t mind the 300k and 1.5 million house lol.
I live in East Texas. Where average rent is 1400ish a month for a 3 bed house.
I feel like 7 years ago when I made 100k to frac in the oil industry in colorado.. 100k went a LOT farther than it does now.
Gf and I aren’t “ struggling “ but.. the extra just isn’t there like it used to be. At all.
Ah yes...this is the svtp ive known for nearly 2 decades!Dunno but my dick is 10" and I'm a ripped male supermodel
Tell us more about these franchises- I’m curious which brands are more preferred and what type of earnings are expected.Hard to say for me in my line of work and the subsequent circle of friends. None of us kill it from that.
A good handful of people have multiple streams of income which can ebb and flow. Trucking companies, smoothie franchises, real estate…
I’ve read that most wealthy people have multiple streams.
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Tell us more about these franchises- I’m curious which brands are more preferred and what type of earnings are expected.
Maybe a separate thread if others are interested ?
I decided against it for now due to not wanting a bunch of employees that I would likely want to kill after a week or two lol.
The guys that own semis do great. That’s what I’m leaning towards in the immediate future.
That’s a horrible return for how much work franchises areOne dude owns a Tropical smoothie and is partnered in two more.
His partner owns like 4 and has some pizza franchises.
Sounds like they net about 10% and a low store is 500k gross annually and upper end 800-900k.
I decided against it for now due to not wanting a bunch of employees that I would likely want to kill after a week or two lol.
The guys that own semis do great. That’s what I’m leaning towards in the immediate future.
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That’s a horrible return for how much work franchises are
@MG0h3 and @DSG2003Mach1
Is the trucking concept that you’re buying a semi truck or fleet and then making it available to drivers or are you also establishing contracts to move freight? (I clearly know nothing about this industry)