Pretty happy right now
This is the second sale of this financial year - after paying out the mortgage, agent fees, CGT provisioning and legals should net out about $190k
Overall that’s put me up about $380k for this financial year just on the property side of things
I don’t mind admitting that’s significantly more than I’ll earn in fees and other employment income
Makes me wonder sometimes why I get up for my office job
Thread on the first sale here:
https://forum.bodybuilding.com/showt...9000431&page=1
Cliffs:
-sold another property, doing well, feeling good
Reps, obviously
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Results 1 to 30 of 52
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02-26-2021, 12:43 PM #1Investing the difference
- Join Date: Feb 2013
- Location: East Coast, Australia
- Posts: 20,564
- Rep Power: 394796
Another house sold another $190k in the bank (140 reps)
By reading this post you acknowledge r32gojirra is an online persona and all posts by r32gojirra are satirical in nature. Comments by r32gojirra shall not reflect on the integrity and morals of the author portraying the online character nor any professional or contractual affiliates of the author.
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Repped by kimm into 200kcrew crew
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02-26-2021, 12:44 PM #2Registered User
- Join Date: Mar 2010
- Location: Missouri, United States
- Age: 33
- Posts: 19,862
- Rep Power: 379719
Nice, CEO 10k a day
* Tennessee Titans* * St. Louis Cards*
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02-26-2021, 12:44 PM #3Registered User
- Join Date: Jul 2018
- Age: 54
- Posts: 18,261
- Rep Power: 91295
$190k? How much is that in American dollars?
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02-26-2021, 12:45 PM #4Mean & Green
- Join Date: Aug 2020
- Posts: 5,127
- Rep Power: 17604
Das it mane. Good hustle
None of the above constitutes legal advice nor should be interpreted as such.
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02-26-2021, 12:47 PM #5
nice...how bad will you get raped on taxes?
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02-26-2021, 12:48 PM #6ChatGPT4.5 Bot
- Join Date: Jul 2009
- Posts: 27,425
- Rep Power: 414131
About $350.00Originally Posted by MikeLowrrrey
▪█─────█▪ Equipment Crew #53 ▪█─────█▪
^^^^^^^ 6' 6" and Over Crew ^^^^^^^
------------- No Vax Crew ----------------
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02-26-2021, 12:49 PM #7Investing the difference
- Join Date: Feb 2013
- Location: East Coast, Australia
- Posts: 20,564
- Rep Power: 394796
That’s the figure after allowing for taxOriginally Posted by Dogkrack
In Australia you get taxed 47% on every dollar earned above $180k however there are discounts on some capital gains so $190k excludes the $50k I put aside for tax on the gain
Ofc that’s federal tax, the cost base for construction includes all kinds of BS local government charges and feesBy reading this post you acknowledge r32gojirra is an online persona and all posts by r32gojirra are satirical in nature. Comments by r32gojirra shall not reflect on the integrity and morals of the author portraying the online character nor any professional or contractual affiliates of the author.
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Repped by kimm into 200kcrew crew
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02-26-2021, 12:49 PM #8Registered User
- Join Date: Oct 2017
- Age: 37
- Posts: 13,149
- Rep Power: 308962
Das it Op.
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02-26-2021, 12:50 PM #9Milf Hunter
- Join Date: Apr 2015
- Location: Florida, United States
- Posts: 31,151
- Rep Power: 511700
You owe us all a bottle of henny op
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02-26-2021, 12:56 PM #10
mirin brah good to see some of us are making it brah
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02-26-2021, 01:01 PM #11Pointy Nips Of Peace
- Join Date: Mar 2016
- Location: Charlotte, North Carolina, United States
- Posts: 6,883
- Rep Power: 75680
gah damn all these successful miscers, there really is hope for some of us, gjdm
NPC Bodybuilder, former U.S. Navy
***Muay Thai Crew***
***Wrestling Crew***
***Black Crew***
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02-26-2021, 01:03 PM #12Registered User
- Join Date: Oct 2012
- Posts: 9,856
- Rep Power: 24468
Put all into btc and enjoy being set for life
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02-26-2021, 01:03 PM #13Pretty Nice Guy
- Join Date: Oct 2019
- Posts: 2,361
- Rep Power: 38072
Really impressed, OP. Congratulations on your success. Keep hustling cuzzz!
What market are you in?BORN: 6/15/2006 DIED: 5/31/2021
I'll misc you, brahs!
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02-26-2021, 01:06 PM #14Bodybalder
- Join Date: Jul 2010
- Location: Toronto, Ontario, Canada
- Posts: 48,894
- Rep Power: 142159
can I borrow 10k
Doordasher crew (SRS)
Bidet Crew
Nissan Versa 2023 crew
Bald crew
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02-26-2021, 01:09 PM #15Practicing Safe Sets
- Join Date: Apr 2012
- Location: Texas, United States
- Posts: 3,048
- Rep Power: 89254
Congrats! What's next?
R 1 35
L├┼┤
2 4 6
"No Pecs No Secks, Can't do a curl - won't get a girl" - Chengman
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02-26-2021, 01:09 PM #16Terrible poster
- Join Date: Dec 2013
- Posts: 10,201
- Rep Power: 105902
pics of house?
“Steroids is now just a word that the lazy and ignorant use to describe any guy that has more muscle and dedication than them”– Mike O'Hearn
"I am like getting the feeling of cumming in the gym; I'm getting the feeling of cumming at home; I'm getting the feeling of cumming backstage; when I pump up, when I pose out in front of 5000 people I get the same feeling, so I am cumming day and night. It's terrific, right? So you know, I am in heaven."
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02-26-2021, 01:11 PM #17Registered User
- Join Date: May 2008
- Location: Massachusetts, United States
- Posts: 43,944
- Rep Power: 991527
That's great good for you!
National Level Competitor (Female BB)
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02-26-2021, 01:13 PM #18Registered User
- Join Date: Feb 2011
- Posts: 12,668
- Rep Power: 33452
Fuark GJDM. Mirin hard brah
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02-26-2021, 01:14 PM #19Go fuсk yourself.
- Join Date: Jan 2011
- Location: Colorado, United States
- Posts: 22,070
- Rep Power: 539632
OP = high value male
Mirin and reppedSee title.
Always Neg Back Crew.
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02-26-2021, 01:15 PM #20You Never Had Me
- Join Date: May 2015
- Location: Kansas City, Missouri, United States
- Posts: 34,534
- Rep Power: 258142
Still on spread I got to stop getting banned
Great job brahI don’t want a large farva, I want a goddamn liter of cola
Send In The Clowns
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02-26-2021, 01:18 PM #21Investing the difference
- Join Date: Feb 2013
- Location: East Coast, Australia
- Posts: 20,564
- Rep Power: 394796
I think you mean tree fiddyOriginally Posted by keyboardworkout
-get loan approval lined up then sit and wait for the right property to be listedOriginally Posted by Spazzzzy
-my wife and I are running it, but we now have found good architect, engineer, finance guy, real estate agent and accountant so from here on out we don’t plan to have much involvement
-these are all knock down multi units, first one was 3 and we’re currently in planning approval stage for a much larger 4 unit
-bought some property at the end of the 90’s following the Asian financial crisis, used the equity from that to finance the subsequent deals. I never hold cash
-40By reading this post you acknowledge r32gojirra is an online persona and all posts by r32gojirra are satirical in nature. Comments by r32gojirra shall not reflect on the integrity and morals of the author portraying the online character nor any professional or contractual affiliates of the author.
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Repped by kimm into 200kcrew crew
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02-26-2021, 01:20 PM #22World Warrior
- Join Date: Aug 2012
- Posts: 19,632
- Rep Power: 24350
One day it will be mine turn
Mirin
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02-26-2021, 01:25 PM #23Registered User
- Join Date: Apr 2017
- Age: 39
- Posts: 11,253
- Rep Power: 282565
Man that has to feel good. Nicely done brah.
I've been seeing the past in one eye and the present in the other. So, I thought I could only see patches of reality, never the whole picture. I felt like I was watching a dream I could never wake up from. Before I knew it, the dream was over.
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02-26-2021, 01:30 PM #24Registered User
- Join Date: Jul 2012
- Posts: 25,194
- Rep Power: 285187
Did you just wagecel at a high earning job and save your money?
How did you get to the point where you’re so successful in real estate and have capital to invest in multiple properties
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02-26-2021, 01:30 PM #25Keanu Reeves Checking In
- Join Date: Nov 2010
- Location: California, Uganda
- Posts: 20,316
- Rep Power: 204148
are you flipping properties? or
"So there I am sitting in the waiting area of the hair salon with my niece and Keanu Reeves walks in. I was nervous as ****, but too scared to say anything to him. Then my niece started crying, and I’m trying to quiet her down because I don't want to bother him. Pretty soon he walks over and asks what's wrong. I replied that she was probably hungry. He put down his magazine, picked up my niece, and lifted up his shirt, and breastfed her right there in the salon. Chill guy, really nice about it."
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02-26-2021, 01:33 PM #26Investing the difference
- Join Date: Feb 2013
- Location: East Coast, Australia
- Posts: 20,564
- Rep Power: 394796
Thank you bby I’m putting away a good chunk of cash for when you finally drop your onlyfans contentOriginally Posted by kimm4
By reading this post you acknowledge r32gojirra is an online persona and all posts by r32gojirra are satirical in nature. Comments by r32gojirra shall not reflect on the integrity and morals of the author portraying the online character nor any professional or contractual affiliates of the author.
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Repped by kimm into 200kcrew crew
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02-26-2021, 01:34 PM #27
Just noticed your location. Nice, if foreigners are doing this to get rich, then native Australians should too.
Here in America you must have lived in the house two years of the past five years to avoid a hefty capital gains tax on the realized appreciation.
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02-26-2021, 03:31 PM #28Investing the difference
- Join Date: Feb 2013
- Location: East Coast, Australia
- Posts: 20,564
- Rep Power: 394796
I’m on the east coast of kunststraliaOriginally Posted by PassiveLearner
Some of the most expensive real estate in the world
And it keeps getting expensive-erBy reading this post you acknowledge r32gojirra is an online persona and all posts by r32gojirra are satirical in nature. Comments by r32gojirra shall not reflect on the integrity and morals of the author portraying the online character nor any professional or contractual affiliates of the author.
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02-26-2021, 04:21 PM #29Registered User
- Join Date: Dec 2020
- Age: 54
- Posts: 23
- Rep Power: 0
Hey I have been analyzing the australia housing market (where jobs are) and comparing it to average wages. The time frame is 1994, vs. 2020. So the suburbs prices had 6X and the wage prices have 2X. This leaves an increase of relatives as TRIPLE! My conclusion is.....FUKD CITY OF ASS PISS. Smack out... I'm guessing Canada same shiz. I pray you sold it to an aussie local buyer
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02-26-2021, 04:23 PM #30Banned
- Join Date: Dec 2020
- Age: 54
- Posts: 2,249
- Rep Power: 0
Just wait until china starts trade tarrifs on australia. China literally controlls austarlia atm.
australian market will tank. they have not had recession in 30 years so any property guy thinks they are genious.
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