/biz/ - Business & Finance

[Anonymous No.55332949]

I'm a driver and I make $10,000/month. Should I buy a house all in cash or get a mortgage? I'm renting it out.

[Anonymous No.55332959]

If you can afford to buy all cash why would you borrow? Do you enjoy paying extra money for things?

[Anonymous No.55332960]

>>55332949
>that autistic retard who posts the same shitty troll threads every day

[Anonymous No.55333023]

>>55332949
Why don't you spend it on McDonald's? That's $333 worth of McDonald's a day, you could literally eat 40 Big Macs a day.

[Anonymous No.55333205]

I decided not to the job and collect neetbux instead.

[Anonymous No.55333216]

>>55333023
Sergey, is that you?

[Anonymous No.55333413]

>>55332949
Mortgage, you can write off 100% of the interest on the loan against your rental income.

[Anonymous No.55333475]

>>55332949
Wat drive? How go driver for 100,00 k month for me?

[Anonymous No.55333506]

>>55332959
Some anons make a good argument about getting a mortgage with a low rate.
As long as you invest your house money and beat that rate per year then you came out ahead.
This of course assumes you like being a debt slave and you actually manage to have winning trades year after year.

[Anonymous No.55333612]

>>55332949
What do you drive OP?

[Anonymous No.55333656]

>>55332949
That's really good. What do you drive?

[Anonymous No.55333670]

>>55333475
>>55333612
>>55332949
He's a retarded liar who spams the same thread, but there are several ways to make this much as a driver
You could be a team driver for some high-speed account. Medium size carriers have a lot of these. Overall, team drivers do make the most for the freight they are moving, but they get basically no time off.
you could be a owner operator pulling normal shit, where netting 10k a month is the higher end of normal. Contracted owner ops moving hazardous shit, or oversize net about 30-40% more than this
The least likely situation is that he is some sort of government employee driving shit inbetween research facilities. They get paid a lot but your whole life is surveilled. Think Area 51 literally,

[Anonymous No.55333686]

>>55333656
>>55333670
He could also be an owner-op or team driver for an expedited service, which handle time-sensitive packages, chemicals, organs, medicine, shit like that.

[Anonymous No.55335530]

>>55333216
LOL, ROFL even

[Anonymous No.55335550]

>>55332960
>if I say it's a repeat thread, it is.... IT JUST IS OKAY

[Anonymous No.55335561]

>>55332949
In theory land where everything works out, you get a mortgage and do this: >>55333506
In reality land just buy the fucking thing with cash and be done with it. You don't have to do business with a bank that is actively trying to fuck you and these days that is exactly what they try to do. They overstep and interfere and it's a much bigger and more expensive pain in the ass than it needs to be.

[Anonymous No.55335565]

>>55333506
nobody buys houses with straight cash because it doesnt make sense financially
not even the mega rich, they go to specialized mortgage firms

[Anonymous No.55335585]

i drive

[Anonymous No.55335647]

>>55333670
Not OP (obviously), but I stepped back from the hospital to become a driver to deliver medical equipment and I'm just about hitting $10k a month (gross) after 6 months. I work a shitton of mandatory overtime and maybe even weekends and I basically have no work-life balance; but I'm single, with a few close friends, and no real financial responsibilities so it all works out. Hoping to leverage my position after a few raises in 2-3 years so that I'm making $120k/yr without overtime and I can sustain a relationship/life with a wife and kids + home.
So technically yes, you can make $10k as a driver but you're gonna need expensive licenses/schooling on top

[Anonymous No.55335651]

>>55332949
I think you should stop posting off topic threads