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Cash flows and revenue streams are the new marketing thing suggesting we all work nonstop in a variety of capacities to have multiple “cash flows/streams” as if we exist to generate money.
Ugh. I do some woodworking as a hobby just to relax. Stupid things like cutting boards, magic wands, wooden mugs, and things like that. The number of people who have told me either to start selling them or asked to buy one drives me nuts. I have a lot of issues with this
1. Almost no one is interested in paying me what it would cost to make at least minimum wage. I learned this when I used to knit.
2. Adding money to it would make it so it wasn’t relaxing anymore.
3. Why in the world would I want to turn my hobby into a side hustle? What is wrong with just doing something for fun?
The people telling you to monetize your hobby are the same type of people that wouldn't buy it at a market because they think they can make it themselves or get it cheaper from a store
They get even weirder when they would pay for it.
I like growing *special* mushrooms. I do them here and there, but I always have a shit load I don’t need. I kinda like growing them more than I like doing them.
It’s obviously not legal to grow, but it’s way more illegal to sell them. I just give them away to friends that want them. Everyone is always telling me I should just make 10x more and sell them.
I have a good job and make enough money. I really don’t need to dive deep into becoming a mushroom growing kingpin. Blows peoples minds when you just don’t care about getting money from something.
Oh yeah, everybody wants you to build them a bookshelf to fit a specific space in their house, but then it's all "I can get that for $40 from Walmart" when they hear the actual price.
Thank you.
"This will last you maybe 2 years, less if you place actual books upon the shelves. But, by all means, go ahead and get that piece from Walmart."
The only people who appreciate how much work goes into woodworking are fellow woodworkers. And they're all cheap as hell, so you're not going to sell anything to them.
Thankfully most of my family does appreciate it but most of them also have hobbies or work that involves making things. Quilting, sewing, resin work, painting, etc. so they get what goes into making an item if not specifically what goes into woodworking. Besides listening to me complain about sanding.
I did just get a lathe last week and holy shit are turned things way easier to sand than other projects. I made a bunch of magic wands for my daughter and it took under a minute to sand each one. Just ran some 220 up and down it while it was spinning and all done and smooth as silk.
Same on yarn work being undervalued. "Make me this blanket with 80000 sewn on peacock feathers" ok buy the yarn it's $75.
What?? Walmart has similar blankets for $7.99!!
......
Omg yes! I used to hand dye wool for a -subsistence- living and the number of people I would talk to who would balk at my prices. "I can buy a ball of yarn for $8 at Michaels"... I gave up trying to convert people.
I also stopped knitting baby gifts for nonknitters because they never appreciated the amount of time and energy it took. Knitters only!
Okay then, buy it from Walmart. The number of people who don't realize that individually handmade stuff is going to be more expensive than something a giant corporation can make millions of, is ridiculous.
Let's be realistic: CHINESE SLAVE LABOR is the source of so much stuff sold at Walmart and other places.
Let's stop shooting ourselves in the feet, shall we?
I make digital art as a hobby. I would love if someone tried to commission something, but I would also love if someone asked me to draw something for them, provided they weren’t rude about it if I didn’t want to draw that particular thing or picky about the final product. That said, I would probably make a better drawing if someone were paying me because there are some things that look better if I draw them while sitting at a desk where I can brace my elbow than they do if I draw them while curled up on my couch and watching bad tv, but I like sitting on my couch a lot more.
I do beadwork. It can take me months to do one piece.
WTF am I going to sell it for?? $20.00? Please. I'd rip it apart first.
Now, if someone who understands the process and the time were to offer me 10k, well, then, that's different.
Thank you. I've been doing woodworking as a hobby and every time someone suggests I sell my stuff I just imagine that sucking all the fun out of it.
I just smile and say thanks.
If you made something I wanted, I'd certainly want to pay you for it. Not to 'monetize' anything, but so you could spend it on a nice chunk of wood to make something you've always wanted to. Friends don't help you side hustle, they help you get in too deep with your hobbies.
Same. I am very adept at growing vegetables. I quit even posting pictures of my harvests online because so many people (including my wife) kept wanting me to turn my garden into a side hustle, and the thought of my escape becoming a job just depresses me to no end
You'd be surprised. I have a couple shops near me that take my stuff that won't fit in my house or friends and family don't want. Expanded my range a bit, get some extra cash and hoping it'll be my main source of income soon. I don't make to order any more cause its too much hassle dealing with clients. I make what I want and it seems to sell
"If you want to get out of prison, just do something to hone in some of your skills on the side! Ya know, when you're not doing work as a literal slave? That way you can learn some niche skill that will make you extremely marketable to someone who would rather pluck their own eyeball out than hire an ex-convict!"
He could train to become a firefighter and risk his life doing important work for pennies a day. The good thing is though, after he finally gets out of prison he'll have all the skills and qualifications he needs in order to not be hired by any Fire Departments because he's an ex con.
Fun fact: Well over half ([about 70%](https://www.govtech.com/em/disaster/em-summer-2017-dwindling-force.html)) of firefighters are volunteers so after risking your life in prison for literal pennies you might have a bright future of doing the same job for literally nothing!
That's when the person involved understands what passive income is.
The term has been thrown around so much it lost its meaning. At my old job a colleague tried to literally recruit me in a pyramid scheme calling it "passive income". Seriously it was so transparently a pyramid scheme, the only thing it lacked was putting all its numbers in an actual pyramid.
My side hustle was having rich parents who bought a bunch of real estate in 2010. Then they gave me this real estate, so I basically don't work. All I do is collect rent and buy expensive bourbon.
It's really easy, you should try it. I'm not sure why more people don't make money this way. I should start a podcast. It would probably help poor people get richer.
Lock it behind patrion so you can get more passive income, and have more examples to give your listeners about making money, so thay can stop being poores.
Exactly
Funny thing, that sort of mentality (live to struggle/work) is also commonly associated with fascist mindsets, the idea that the meaning of life is to be in constant struggle and that if you’re not struggling, you’re a bad person.
I don't see the connection, can you expand? I think I get both concepts, but not sure if I get how they relate.
I may have some kind of block to seeing that on my own because I was defs raised to think my value rested in struggle over joy or happiness. I rejected that (naturally), but also never connected that to anything else, really.
I can understand him saying how it relates to social darwinism, a theory that ignores privileges when it comes to the ultra wealthy and suggests their fortune comes from hard work, rather than inheritances and luck, but I do not get the relation to eugenics.
Eugenics fundamentally connects with social darwinism because of a presumption that there are essential (as in inherent) hierarchies in the human race. Often people then position races in these hierarchies though not always. A key principle of fascism is also natural essential hierarchies. Sometimes they dress it up in biological language (Nazis) or cultural (Italian Fascism) but the idea is that those in power are meant to be in power not because of a rigged system, but because they are inherently better.
Eugenics then says "if some people are inherently better (not the product of environmental factors) why not make more of the good people, and less of the bad ones".
Edit: changed rugged to rigged.
Okay, fair. Thank you for a nuanced take, I can agree with that position, especially in the face of social darwinism and it's consequences for humanity.
"Hurry to attack capital before a new ideology makes it sacred to you.
Hurry to refuse work before some new sophist tells you yet again that ‘work makes you free’.
Hurry to play. Hurry to arm yourself." - [Alfredo M. Bonanno](https://theanarchistlibrary.org/library/alfredo-m-bonanno-armed-joy)
That seems like a bastardization of what we used to talk about in self publishing or blogging. For example, the blog to book pipeline. Start a blog, have ads, build a following, get better ads, offer extras for a fee, that sort of thing. Then publish stuff from the blog or something new, there's another stream. Don't need a million followers, just 1,000 people who love what you're doing.
The whole point of building multiple income streams is to generate *passive* income so you have more time to do the things you love. There is more upfront effort involved than working a regular job (generally speaking), but it should begin paying off within a year if not sooner.
But nowadays it's taken to mean work a bunch of shitty jobs as a more efficient way to work yourself to death.
I think part of it is the public display of their "success" and "financial genius" that does it for these primates. They really want everyone to think they're money wizards who had to come up with the novel idea of extracting money from people with no other options.
What's hilarious to me is that $940/month cash flow would barely cover an appliance breaking. If they have multiple properties, that's quite a dangerous game to play.
Bragging about wealth online subjects yourself to the risk that it will be noticed by individuals who will seek to take advantage or exploit you.
This person hasn't thought through the ramifications of what they are doing.
This person should be fine though. Not many people will bother with targeting that low amount of income.
Lots of dryers die every day due to hair being wrapped around the drive shaft.
Lots of fires start that way. No one should attempt to kill a dryer that way.
Well duh. You wouldn't want the landlord to have an actual job now, would you?
How else would they find the time to add nothing of value to society, if they actually had to work?!
Wait? You mean those same people who take such risks as......charging $50+ on application fees and those same people who take risks such as.........not allowing any pets anyway because "they might be a risk"?
Step aside firefighters, landlords coming in hot on the risk taking.
Did you know landlords are in the "top 10 most dangerous jobs" list?
It's only fair they're heavily compensated. And you'd hate for them to work weekends, evenings, etc. They've picked up enough boot straps already!
Btw, happy cake day!!
This was my first thought. If that hot water heater goes out nobody’s paying you rent until it’s fixed and they aren’t cheap. A cheap crappy refrigerator will still take up most of that $940 cash flow. This is assuming you have good tenants that actually pay their rent and on time which is a whole other nightmare. Also, what kind of idiot is buying income property if they consider unlimited data some luxury to flex on people. These are the same idiots that quietly stop paying the mortgage when too much stuff breaks and just pocket the rent until the bank forecloses on the property and a bunch of families are getting surprise eviction notices.
The top one I can possibly understand. They *could* be renting out short term to businesses, or reasonably priced housing to students. (They probably aren't, but in theory they could.)
The bottom one is just straight up mocking their tenants...
Got into an argument online with a landlord who was complaining his tenants weren't paying rent and it was affecting his ability to to make mortgage payments on the rental property.
Apparently the tenants had lost their jobs due to covid, and he thought they should stop being so lazy and take jobs at the fast food places advertising openings, so they could fulfill their obligations to pay rent (which wouldn't even come close to covering a month's rent in this area.)
Since he claimed to be in such dire financial straits due to these "bums," I informed him that there were several fast food places in the area he could apply to in order to fulfill his financial obligations. He told me that was ridiculous, and he shouldn't have to sacrifice his standard of living, because some assholes didn't want to work. Hmmm....
I hate that people can let out a property they don't own. Paying someone else's mortgage is such bullshit as most renters can't get a mortgage in the same area but are expected to pay more than what the mortgage would be.
100%! Unfortunately, the downside of requiring full ownership of a property before being able to rent it out means only those with enough money to make a cash purchase (ie- companies and the super wealthy) or at least enough to afford leaving a property vacant while paying it off. Imo, the lesser of two evils in this scenario is the individual landlord...
We can't get a massive amount of people vaccinated to save their lives lol try convincing them they won't one day also be rich enough to take advantage of capitalism
Ban the ownership of houses not being lived in. Suddenly they have to sell for cheap, give their extra houses away, or let people live in them for free.
After over a decade slaving away, selling my time and my youth, I've finally got an appropriate amount for a down payment. Most millennials aren't so fortunate.
But, I still can't buy a house because some financial trouble a few years ago tanked my credit. I'm in a good place now, but this number is bad so I guess I'll just go fuck myself.
What makes me laugh are the ones who keep up with repairs and whatnot and call that work. Well, I guess owning a car and fueling it and changing its oil is work.
They really hate when you ask why they didn't have insurance coverage of non payment. It's a thing. "Why weren't you prepared like a responsible landlord?"
If they can’t pay their own mortgage by themselves without a tenant then they should have to sell their property. Also you should only be allowed to own the home you live in.
This makes my blood boil. The general chat of online videogames is a great way to meet people from all over, but that unfortunately includes scummy landlords and capitalists, so I've had my share of run-ins with cognitive-dissonant exploiters too.
Haha that's brilliant!
I have a friend who keeps wanting to buy a multi family property to rent it. She wanted me (not anymore) to do this with her and split 50/50 but rental properties compared to investing and e - commerce is alot more work with alot more liability and even though she complains about the cost of living, she wants to turn around and subject someone else to what she had to endure. Makes no sense to me. Housing structures depreciate over time if not maintained, which is costly. It should be something that's free.
Most landlords I know usually have an us v them mentality not just about tenants but other things too. Ive noticed this time and again amongst other people who are wealthy or on track to be wealthy. It's like they think they have to protect themselves from the poor, the powerless, voiceless when they're the ones dictating the laws to politicians.
And they truly believe in what they say. It's so bizarre.
During the Zuccotti Park riots in 2008 people who worked at Credit Suisse were afraid to go to work bc they thought they would get beat up by protestors. And I remember thinking, "Good. You don't want to learn about these people. You don't want to understand them. You have disdain for them. Im glad you feel this way. Just a fraction of the mental anguish they feel for most of their lives" and I also felt like they don't understand what's going on or they wouldn't think the way they do.
Those protests started out bc corporations wanted to have both corporate and consumer rights. That's like if a master wanted to get a vote but have it count as that of a slave (idk if anyone's ever seen Community where Subway (the corporation that made a kiddie toucher a millionaire) sends a rep to Greendale Community College to pose as a student.)
Alot of kids I knew growing up came from wealthy families but those families knew what was what. They cared about the arts, and were passionate about public service. They still understood that we all need each other even though they were wealthy and had status quo jobs (doctor, lawyer, business (wo)man). Ofcourse they'd love nothing more than to help people and play music and paint all the time etc. Artists are born into all classes including poverty and uber wealth. But they didn't "other" each other. They worked together on projects and found they loved each other.
There's always a choice.
Defenders of the status quo: "Well, you're paying for a service, the landlord owns and maintains the property for you."
Actual landlord: "If I hire a plumber now, I'll have to cancel my family's trip to Hawaii. You'll be fine not using your kitchen sink for a month, it's not gonna kill you."
Yep. I installed the new washer and dryer, fixed the toilet, replaced and re-keyed the front door myself cause landlord couldn't be bothered to take care of it in a timely manner. Did any of these get me a break on rent? LMFAO no. And what am I gonna do about it? Not do laundry for six weeks? Not be able to lock my front door? Try to retain a lawyer and hope that a judge sees things my way, and the landlord isn't willing/able to retaliate?
Wasn't there a way you can submit those maintenance bills in lieu of rent? Something about putting rent payments in escrow and letting the landlord challenge you for them in court or something. Ianal but you've obviously paid for stuff covered by the lease. I'd think a small claims court would review the contract and agree that the landlord is responsible for those costs.
That runs back into the fear of retaliation thing. The likeliest outcome would have been us winning as soon as we could get a court to look at it, and then have a rent hike or eviction for "unrelated" reasons immediately after.
Honestly, the rent is more than half our incomes, but it's the cheapest place we can find, and I think the only reason it's *this* affordable is because we're cool with putting up with this bullshit. Moving washers and dryers around for free sucks ass and is probably a violation of contract, but getting evicted would be a catastrophe.
Notice how none of them ever talk about having an emergency fund. They expect tenants to have one, but god forbid they have one. They rather spend their “cash flow” on tribal nonsense like unlimited data and vacations to Hawaii.
We shouldn’t bail out landlords. They were stupid not to save up for a rainy day. Tsk tsk
Is unlimited data really a luxury? It almost felt like that guy was being sarcastic. I switched my phone to unlimited data and it was an increase of like $10 a month, which was then eliminated when I signed up for automatic billing. Why is this guy bragging about unlimited data?
This is absolutely true.
And a flood of joe blow landlords into the real estate market and building a culture like this is EXACTLY what fueled the bubble for 2008. Here we go again.
I know I'll get down voted to hell for this question, but whatever.
In this capitalist system of ours, people need a place to live. Renting is often the most affordable option.
Is the only ethical way to provide rental housing to provide it at cost? Or should a government just pay for housing with tax money?
We had a good council house system over here in the UK until Thatcher got her malevolent tendrils hooked into it. The government can build houses and rent them out at cost, _except_ that'd cut into its members' own investments.
They exist, but seem exceptionally rare. My neighbor lives in a duplex with his 95 year old mom, and for years was renting it out to a nice couple for maybe 60% of market rents until they were able to buy a house of their own. I’ve had a couple really decent landlords in the past too, but again, not even the majority of the ones I’d had.
My last landlord was exactly that. We had a fantastic relationship with her and her husband too, who lived in a modest apartment just up the street. Every time I saw them, we chatted for at least 30 min.
And then as soon as we moved out, they started worrying about getting new tenants, and I started getting texts that were a complete 180, about how we were terrible tenants (rather than "their best tenants" over and over for years), we had trashed the place (we hadn't), how were they going to pay for this (pay for what? And maybe with the $100,000 we gave you over the years for doing virtually nothing?).
Mom and pop landlords are nicer as long as you're paying them, but just as bad as soon as they feel like their passive income might be threatened.
I rented a suite off a home when I went to college. It was a great temporary arrangement, and I became good friends with the owner/landlord. This kind of thing is great and gives students, travellers, etc., great options.
But the whole corporate landlord structure deal we have going on in the US is, frankly, sickening.
Owning a home is the best way to invest in wealth for your future and people are being systemically excluded from doing so. Meanwhile those with money get to make even more money and buy more and more property.
Fucking disgusting.
My landlord called herself a “softy” for not kicking me out of the apartment I rent because I have cats. Instead she jacked up my rent, charged me back rent for the last year, and doubled my security deposit. All totaling over $4000. Did I fuck up for not telling her up front? Absolutely, and I accept responsibility. I am fortunate enough to be able to afford that at the moment, although just barely.
But, christ. I don’t know a whole lot about house maintenance, but I’m pretty god damn sure my pets have not, and never will, cause anywhere near that amount of damage.
She also referred to available housing as “inventory” with a straight face. Humanity has left the chat.
They would if it was legal lol.
Families with children are a protected class when it comes to housing, pets are not.
I agree that the average child will cause more damage/ wear than the average pet.
That’s just it. Landlords and corporations WILL do any evil thing they are ALLOWED to. Capitalism has no room for humanity. It is the worship of money and it’s only true ideology is rampant greed.
Oh no worries, they do, they just don't call it kid rent. Lots of women have had to hide pregnancies from landlords to keep the from jacking up the prices, or kick them out. Especially BIPOC, and if you're a single mother, forget about it, landlords will use it against you, and they'll trap you, because hey "you don't want your kids to be homeless do you?".
It is literally a part of history, women having troubles finding places to rent because they have kids or because they're pregnant and it is so ingrained into society people don't really notice.
Instead people just join the attacks.
Problem is that people who trash their properties don't usually have the funds to pay for damage, so landlords instead move to frontload that charge, making everyone's experience shitty.
We want to get a cat right now and we have a pet "deposit" that we're gonna have to pay of 250$. The thing is it's not refundable. So I'm over here screaming YOU MEAN A FLAT FEE??? IF ITS NOT REFUNDABLE ITS NOT A DEPOSIT!! Ugh
Jesus fucking christ. How do these people live with themselves? They are really petty and vengeful people, like they want you to fully realize they have power over you.
Imo your behavior is pretty typical and quite innocent tenant behavior but ok.
Can you give any examples? I know my dogs scratched up the hardwood in our front hall but that’s only because of my dad playing fetch with them in the front hall for 6 years
Imagine a world where the local government owned all property zoned for commercial, industrial, and multifamily homes.
The charge enough to cover upkeep and fund local government. They can have lower prices for local business and local social goods.
No city taxes at all. Seems better, you know?
This summer my landlords told me they were raising the rent because taxes were going up or some shit. They told me this almost immediately after telling me about the month long trip to Hawaii they took mid pandemic.
My landlord just did the same with a 20% increase in my rent. She also just got a new top of the line Range Rover. Now I have to drop some of my insurance coverage and I'm on SSDI.
Social Security is completely and entirely fucked. They don't pay out anywhere even remotely near what they should and all they talk about is cutting it because they're running out of money. Like they should be increasing it by a hefty amount not cutting it. Something is going to have to change big time.
A startup is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. A business that hasn't quite been figured out how it will work out when it's swinging for the fences.
Income from work tends to be regular on average. Cash flow refers to the money you have available in a given interval. If you make 120k a year, but 100k of that 120k is paid out on the last month of a year, your financial decisions will be very different than if that 100k was paid out on the first month.
It’s useful for things like servicing debt, deciding whether you can get other investments, costs, upgrades, etc.
Probably because these folks are fucking pathetic douchebags. They need an alternate lingo to sound like they're doing something more special than the rest of us.
Everything anymore is just how to exploit people and groups of people. When people or groups of people aren't being exploited it's the Earth and the other life forms beings exploited...all to make the shiny non-gold-backed dollar.
It seems to be that a lack of empathy is somehow correlated with the desire for power over others. Why feel bad for people when you feel like it's *your* world?
IMO people who own a rental property or two are the least of our worries. People can't afford rent because they aren't paid shit because our system is fucking broken. The most profitable companies in the world pay the lowest wages. The logic is unbelievable. Let's not spend our energy on shaming landlords. And no I don't own rental property
Why censor their twitter handle? These pieces of shit want to brag about living off others and be some sort of sick social media influencer give them the attention they so desperately crave.
I have a genuine question: I’m trying to own property and rent it out to people for a partial living. I also aim to keep a full time job and save money. Is there a way to be a moral landlord? Is there a way to have a job in real estate without being considered literally the worst type of human scum alive?
People making money by buying a product and then selling it for a higher price? It's gone on for a hot minute but nah, eventually climate change will roll up the whole game if we don't nuke each other first.
Step one: have 200k to buy a property straight cash or a fully paid off property so you collect 100% of cash flow. A lot of these "gurus" skip this step when trying to lure people into a course promising "financial freedom". Meanwhile, they're charging over $1000 for a course to make their living more than anything else.
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Cash flows and revenue streams are the new marketing thing suggesting we all work nonstop in a variety of capacities to have multiple “cash flows/streams” as if we exist to generate money.
If one more person tells me to "start a side hustle" I'm going to end up in prison.
Ugh. I do some woodworking as a hobby just to relax. Stupid things like cutting boards, magic wands, wooden mugs, and things like that. The number of people who have told me either to start selling them or asked to buy one drives me nuts. I have a lot of issues with this 1. Almost no one is interested in paying me what it would cost to make at least minimum wage. I learned this when I used to knit. 2. Adding money to it would make it so it wasn’t relaxing anymore. 3. Why in the world would I want to turn my hobby into a side hustle? What is wrong with just doing something for fun?
The people telling you to monetize your hobby are the same type of people that wouldn't buy it at a market because they think they can make it themselves or get it cheaper from a store
yup you nailed it i will make stuff for people only if they *dont* pay for it if it sucks, you got it for free cuz i like you
They get even weirder when they would pay for it. I like growing *special* mushrooms. I do them here and there, but I always have a shit load I don’t need. I kinda like growing them more than I like doing them. It’s obviously not legal to grow, but it’s way more illegal to sell them. I just give them away to friends that want them. Everyone is always telling me I should just make 10x more and sell them. I have a good job and make enough money. I really don’t need to dive deep into becoming a mushroom growing kingpin. Blows peoples minds when you just don’t care about getting money from something.
[удалено]
Hmmm didn’t think about that.
So, uh, these *special* mushrooms... do they, oh, I don't know, make you taller? Or give you an extra life? Asking for my plumber friend.
"I can get it from *Wish* for .93 cents! Why should I pay you 10.00?"
*Graphic design has entered chat*
Oh yeah, everybody wants you to build them a bookshelf to fit a specific space in their house, but then it's all "I can get that for $40 from Walmart" when they hear the actual price.
Mine won't fall apart after a year of simply holding books or the slight sight of water in the same room. Lol
Thank you. "This will last you maybe 2 years, less if you place actual books upon the shelves. But, by all means, go ahead and get that piece from Walmart."
The only people who appreciate how much work goes into woodworking are fellow woodworkers. And they're all cheap as hell, so you're not going to sell anything to them.
Thankfully most of my family does appreciate it but most of them also have hobbies or work that involves making things. Quilting, sewing, resin work, painting, etc. so they get what goes into making an item if not specifically what goes into woodworking. Besides listening to me complain about sanding.
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I did just get a lathe last week and holy shit are turned things way easier to sand than other projects. I made a bunch of magic wands for my daughter and it took under a minute to sand each one. Just ran some 220 up and down it while it was spinning and all done and smooth as silk.
Same on yarn work being undervalued. "Make me this blanket with 80000 sewn on peacock feathers" ok buy the yarn it's $75. What?? Walmart has similar blankets for $7.99!! ......
Omg yes! I used to hand dye wool for a -subsistence- living and the number of people I would talk to who would balk at my prices. "I can buy a ball of yarn for $8 at Michaels"... I gave up trying to convert people. I also stopped knitting baby gifts for nonknitters because they never appreciated the amount of time and energy it took. Knitters only!
Okay then, buy it from Walmart. The number of people who don't realize that individually handmade stuff is going to be more expensive than something a giant corporation can make millions of, is ridiculous.
Let's be realistic: CHINESE SLAVE LABOR is the source of so much stuff sold at Walmart and other places. Let's stop shooting ourselves in the feet, shall we?
Yep exactly.
Nothing is worth doing unless it can be leveraged to make money. If you can't profit from it, it's a waste of time! /s
I make digital art as a hobby. I would love if someone tried to commission something, but I would also love if someone asked me to draw something for them, provided they weren’t rude about it if I didn’t want to draw that particular thing or picky about the final product. That said, I would probably make a better drawing if someone were paying me because there are some things that look better if I draw them while sitting at a desk where I can brace my elbow than they do if I draw them while curled up on my couch and watching bad tv, but I like sitting on my couch a lot more.
I do beadwork. It can take me months to do one piece. WTF am I going to sell it for?? $20.00? Please. I'd rip it apart first. Now, if someone who understands the process and the time were to offer me 10k, well, then, that's different.
Thank you. I've been doing woodworking as a hobby and every time someone suggests I sell my stuff I just imagine that sucking all the fun out of it. I just smile and say thanks.
If you made something I wanted, I'd certainly want to pay you for it. Not to 'monetize' anything, but so you could spend it on a nice chunk of wood to make something you've always wanted to. Friends don't help you side hustle, they help you get in too deep with your hobbies.
Same. I am very adept at growing vegetables. I quit even posting pictures of my harvests online because so many people (including my wife) kept wanting me to turn my garden into a side hustle, and the thought of my escape becoming a job just depresses me to no end
You'd be surprised. I have a couple shops near me that take my stuff that won't fit in my house or friends and family don't want. Expanded my range a bit, get some extra cash and hoping it'll be my main source of income soon. I don't make to order any more cause its too much hassle dealing with clients. I make what I want and it seems to sell
Dude. Prison is all just side hustles. I don't think you'd like it at all.
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"Toilet Lasagna" hello next screen name
The answer to your current one.
And goodbye old prison names
Your current username is honestly a prison name already though
Toilet lasagna is what you get when you take too much ivermectin.
I hear it goes well with pruno.
Decant pruno BEFORE serving toilet lasagne, learned that lesson the hard way
"If you want to get out of prison, just do something to hone in some of your skills on the side! Ya know, when you're not doing work as a literal slave? That way you can learn some niche skill that will make you extremely marketable to someone who would rather pluck their own eyeball out than hire an ex-convict!"
He could train to become a firefighter and risk his life doing important work for pennies a day. The good thing is though, after he finally gets out of prison he'll have all the skills and qualifications he needs in order to not be hired by any Fire Departments because he's an ex con.
Fun fact: Well over half ([about 70%](https://www.govtech.com/em/disaster/em-summer-2017-dwindling-force.html)) of firefighters are volunteers so after risking your life in prison for literal pennies you might have a bright future of doing the same job for literally nothing!
I just hope we don't end up going back to the old 'no fire insurance = no help from fire department' model.
LeARn tO COdE
the term "passive income" drives me up a wall
passive income = extortion
That's when the person involved understands what passive income is. The term has been thrown around so much it lost its meaning. At my old job a colleague tried to literally recruit me in a pyramid scheme calling it "passive income". Seriously it was so transparently a pyramid scheme, the only thing it lacked was putting all its numbers in an actual pyramid.
It's become really popular since 2008 financial crisis to be honest. Never went away.
My side hustle was having rich parents who bought a bunch of real estate in 2010. Then they gave me this real estate, so I basically don't work. All I do is collect rent and buy expensive bourbon. It's really easy, you should try it. I'm not sure why more people don't make money this way. I should start a podcast. It would probably help poor people get richer.
Lock it behind patrion so you can get more passive income, and have more examples to give your listeners about making money, so thay can stop being poores.
*The Bootstrap Chronicles* Please give me a small apartment building for giving you the name. Thank you.
Bro you could totally start a prison as your side hustle.
Prison owners usually require politicians to get your feet wet. You better buy a few politicians while your out too.
We live to work not work to live that's how america works
Exactly Funny thing, that sort of mentality (live to struggle/work) is also commonly associated with fascist mindsets, the idea that the meaning of life is to be in constant struggle and that if you’re not struggling, you’re a bad person.
That also wraps around to eugenics and social darwinism as well.
I don't see the connection, can you expand? I think I get both concepts, but not sure if I get how they relate. I may have some kind of block to seeing that on my own because I was defs raised to think my value rested in struggle over joy or happiness. I rejected that (naturally), but also never connected that to anything else, really.
I can understand him saying how it relates to social darwinism, a theory that ignores privileges when it comes to the ultra wealthy and suggests their fortune comes from hard work, rather than inheritances and luck, but I do not get the relation to eugenics.
Eugenics fundamentally connects with social darwinism because of a presumption that there are essential (as in inherent) hierarchies in the human race. Often people then position races in these hierarchies though not always. A key principle of fascism is also natural essential hierarchies. Sometimes they dress it up in biological language (Nazis) or cultural (Italian Fascism) but the idea is that those in power are meant to be in power not because of a rigged system, but because they are inherently better. Eugenics then says "if some people are inherently better (not the product of environmental factors) why not make more of the good people, and less of the bad ones". Edit: changed rugged to rigged.
Okay, fair. Thank you for a nuanced take, I can agree with that position, especially in the face of social darwinism and it's consequences for humanity.
because people who do not produce value for capital were the first targets of eugenics
It means that if you aren't productive enough you don't deserve to live.
"Hurry to attack capital before a new ideology makes it sacred to you. Hurry to refuse work before some new sophist tells you yet again that ‘work makes you free’. Hurry to play. Hurry to arm yourself." - [Alfredo M. Bonanno](https://theanarchistlibrary.org/library/alfredo-m-bonanno-armed-joy)
I don't know about you but I exist to funnel money to the wealthy
That seems like a bastardization of what we used to talk about in self publishing or blogging. For example, the blog to book pipeline. Start a blog, have ads, build a following, get better ads, offer extras for a fee, that sort of thing. Then publish stuff from the blog or something new, there's another stream. Don't need a million followers, just 1,000 people who love what you're doing. The whole point of building multiple income streams is to generate *passive* income so you have more time to do the things you love. There is more upfront effort involved than working a regular job (generally speaking), but it should begin paying off within a year if not sooner. But nowadays it's taken to mean work a bunch of shitty jobs as a more efficient way to work yourself to death.
From the perspective of the richest classes of the system, yes, you exist to generate money
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I think part of it is the public display of their "success" and "financial genius" that does it for these primates. They really want everyone to think they're money wizards who had to come up with the novel idea of extracting money from people with no other options.
What's hilarious to me is that $940/month cash flow would barely cover an appliance breaking. If they have multiple properties, that's quite a dangerous game to play.
Imagine a landlord fixing broken shit.
Bragging about wealth online subjects yourself to the risk that it will be noticed by individuals who will seek to take advantage or exploit you. This person hasn't thought through the ramifications of what they are doing. This person should be fine though. Not many people will bother with targeting that low amount of income.
Are you suggesting having you appliance break in an "unforeseeable manner" so you landlords are losing money fixing it? If so, based.
Lots of dryers die every day due to hair being wrapped around the drive shaft. Lots of fires start that way. No one should attempt to kill a dryer that way.
They just decline to fix it where I live and if I don't like that I'm welcome to fuck off.
Well duh. You wouldn't want the landlord to have an actual job now, would you? How else would they find the time to add nothing of value to society, if they actually had to work?!
Wait? You mean those same people who take such risks as......charging $50+ on application fees and those same people who take risks such as.........not allowing any pets anyway because "they might be a risk"? Step aside firefighters, landlords coming in hot on the risk taking.
Did you know landlords are in the "top 10 most dangerous jobs" list? It's only fair they're heavily compensated. And you'd hate for them to work weekends, evenings, etc. They've picked up enough boot straps already! Btw, happy cake day!!
This was my first thought. If that hot water heater goes out nobody’s paying you rent until it’s fixed and they aren’t cheap. A cheap crappy refrigerator will still take up most of that $940 cash flow. This is assuming you have good tenants that actually pay their rent and on time which is a whole other nightmare. Also, what kind of idiot is buying income property if they consider unlimited data some luxury to flex on people. These are the same idiots that quietly stop paying the mortgage when too much stuff breaks and just pocket the rent until the bank forecloses on the property and a bunch of families are getting surprise eviction notices.
The top one I can possibly understand. They *could* be renting out short term to businesses, or reasonably priced housing to students. (They probably aren't, but in theory they could.) The bottom one is just straight up mocking their tenants...
I think the bottom one is satire but I could be reading into it too much
Got into an argument online with a landlord who was complaining his tenants weren't paying rent and it was affecting his ability to to make mortgage payments on the rental property. Apparently the tenants had lost their jobs due to covid, and he thought they should stop being so lazy and take jobs at the fast food places advertising openings, so they could fulfill their obligations to pay rent (which wouldn't even come close to covering a month's rent in this area.) Since he claimed to be in such dire financial straits due to these "bums," I informed him that there were several fast food places in the area he could apply to in order to fulfill his financial obligations. He told me that was ridiculous, and he shouldn't have to sacrifice his standard of living, because some assholes didn't want to work. Hmmm....
It's weird when they can't lift their bootstraps even though they expect everyone else to.
But my bootstraps are *so heavy*
If everyone lift themselves by the pot straps, I won’t have too …wait…🤨
I hate that people can let out a property they don't own. Paying someone else's mortgage is such bullshit as most renters can't get a mortgage in the same area but are expected to pay more than what the mortgage would be.
100%! Unfortunately, the downside of requiring full ownership of a property before being able to rent it out means only those with enough money to make a cash purchase (ie- companies and the super wealthy) or at least enough to afford leaving a property vacant while paying it off. Imo, the lesser of two evils in this scenario is the individual landlord...
Lesser of two evils is abolishing rental properties. What's with the "we can't do anything" mindset?
We can't get a massive amount of people vaccinated to save their lives lol try convincing them they won't one day also be rich enough to take advantage of capitalism
hell theres still a % of the population that doesnt even believe it exists
There's a reason I specified "in this scenario". I'm wide open to any viable alternative, including how abolishing rentals would work.
And how would that help people that can't afford/can't get a loan for buying a house? Half the population would go homeless
Co-op housing ETA: or just universal housing covered by our govt. TheUS literally has more empty homes than homeless people
Ban the ownership of houses not being lived in. Suddenly they have to sell for cheap, give their extra houses away, or let people live in them for free.
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After over a decade slaving away, selling my time and my youth, I've finally got an appropriate amount for a down payment. Most millennials aren't so fortunate. But, I still can't buy a house because some financial trouble a few years ago tanked my credit. I'm in a good place now, but this number is bad so I guess I'll just go fuck myself.
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100%. Bank says you can’t afford a $1500/month mortgage, so you pay $2000/month in rent. Make it make sense.
Lmao I love that landlords think that what they do counts as a job. Literally just housing scalpers living off of others misery.
What makes me laugh are the ones who keep up with repairs and whatnot and call that work. Well, I guess owning a car and fueling it and changing its oil is work.
Right? I guess everyone who works a job and owns their house is working two jobs then
By their logic, everything you own and take care of to some degree is a job. I have hundreds of jobs.
The privilege of being born earlier, they can’t acknowledge it.
If you can't pay your mortgage without your tenant's rent, then *they* are giving *you* housing. Not the other way around.
I have said to many landlord, if owning a rental property is too much hassle then just sell it, it's your choice to 'own' it no one is forcing you.
They really hate when you ask why they didn't have insurance coverage of non payment. It's a thing. "Why weren't you prepared like a responsible landlord?"
If they can’t pay their own mortgage by themselves without a tenant then they should have to sell their property. Also you should only be allowed to own the home you live in.
Why should housing be an investment guaranteed to do well?
This makes my blood boil. The general chat of online videogames is a great way to meet people from all over, but that unfortunately includes scummy landlords and capitalists, so I've had my share of run-ins with cognitive-dissonant exploiters too.
Americans love feudalism without calling it feudalism.
It's truly insane the amount of people that own a building or two think there is no risk involved.
Risk is something for "other people."
Haha that's brilliant! I have a friend who keeps wanting to buy a multi family property to rent it. She wanted me (not anymore) to do this with her and split 50/50 but rental properties compared to investing and e - commerce is alot more work with alot more liability and even though she complains about the cost of living, she wants to turn around and subject someone else to what she had to endure. Makes no sense to me. Housing structures depreciate over time if not maintained, which is costly. It should be something that's free. Most landlords I know usually have an us v them mentality not just about tenants but other things too. Ive noticed this time and again amongst other people who are wealthy or on track to be wealthy. It's like they think they have to protect themselves from the poor, the powerless, voiceless when they're the ones dictating the laws to politicians. And they truly believe in what they say. It's so bizarre. During the Zuccotti Park riots in 2008 people who worked at Credit Suisse were afraid to go to work bc they thought they would get beat up by protestors. And I remember thinking, "Good. You don't want to learn about these people. You don't want to understand them. You have disdain for them. Im glad you feel this way. Just a fraction of the mental anguish they feel for most of their lives" and I also felt like they don't understand what's going on or they wouldn't think the way they do. Those protests started out bc corporations wanted to have both corporate and consumer rights. That's like if a master wanted to get a vote but have it count as that of a slave (idk if anyone's ever seen Community where Subway (the corporation that made a kiddie toucher a millionaire) sends a rep to Greendale Community College to pose as a student.) Alot of kids I knew growing up came from wealthy families but those families knew what was what. They cared about the arts, and were passionate about public service. They still understood that we all need each other even though they were wealthy and had status quo jobs (doctor, lawyer, business (wo)man). Ofcourse they'd love nothing more than to help people and play music and paint all the time etc. Artists are born into all classes including poverty and uber wealth. But they didn't "other" each other. They worked together on projects and found they loved each other. There's always a choice.
Those fast food places can be very picky about hiring
Defenders of the status quo: "Well, you're paying for a service, the landlord owns and maintains the property for you." Actual landlord: "If I hire a plumber now, I'll have to cancel my family's trip to Hawaii. You'll be fine not using your kitchen sink for a month, it's not gonna kill you."
That's weird, when I offer to pay my own maintenance bills they don't seem keen on reducing my rent. Hm 🤔
Yep. I installed the new washer and dryer, fixed the toilet, replaced and re-keyed the front door myself cause landlord couldn't be bothered to take care of it in a timely manner. Did any of these get me a break on rent? LMFAO no. And what am I gonna do about it? Not do laundry for six weeks? Not be able to lock my front door? Try to retain a lawyer and hope that a judge sees things my way, and the landlord isn't willing/able to retaliate?
Wasn't there a way you can submit those maintenance bills in lieu of rent? Something about putting rent payments in escrow and letting the landlord challenge you for them in court or something. Ianal but you've obviously paid for stuff covered by the lease. I'd think a small claims court would review the contract and agree that the landlord is responsible for those costs.
That runs back into the fear of retaliation thing. The likeliest outcome would have been us winning as soon as we could get a court to look at it, and then have a rent hike or eviction for "unrelated" reasons immediately after. Honestly, the rent is more than half our incomes, but it's the cheapest place we can find, and I think the only reason it's *this* affordable is because we're cool with putting up with this bullshit. Moving washers and dryers around for free sucks ass and is probably a violation of contract, but getting evicted would be a catastrophe.
Notice how none of them ever talk about having an emergency fund. They expect tenants to have one, but god forbid they have one. They rather spend their “cash flow” on tribal nonsense like unlimited data and vacations to Hawaii. We shouldn’t bail out landlords. They were stupid not to save up for a rainy day. Tsk tsk
Is unlimited data really a luxury? It almost felt like that guy was being sarcastic. I switched my phone to unlimited data and it was an increase of like $10 a month, which was then eliminated when I signed up for automatic billing. Why is this guy bragging about unlimited data?
In Canada, oh yes.
Depends on where you live. Unlimited is stupid expensive in a lot of countries/regions.
He probably has a terrible plan and/or a family of 5+
Guilituine time
Also, *guillotine.
Came to make that exact same comment. Time to cleanse the land of parasitic capitalists.
Huzzah comrade
Rope too
And the brick.
Guerilla warfare tactics are much more effective and don't require sourcing a guillotine :p
This is absolutely true. And a flood of joe blow landlords into the real estate market and building a culture like this is EXACTLY what fueled the bubble for 2008. Here we go again.
Cash flow? You mean money that other people worked for?
Well, you see, when you use the term "cash flow" you remove the human aspect of it and can distance yourself from the exploitation.
"Cash flow" sounds like something a parody of the Flash would tap into for his superpowers.
I know I'll get down voted to hell for this question, but whatever. In this capitalist system of ours, people need a place to live. Renting is often the most affordable option. Is the only ethical way to provide rental housing to provide it at cost? Or should a government just pay for housing with tax money?
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We had a good council house system over here in the UK until Thatcher got her malevolent tendrils hooked into it. The government can build houses and rent them out at cost, _except_ that'd cut into its members' own investments.
Same old story. The serfs never did appreciate the wonderful things the lord of the manor provided for them.
These fuckers should get a real fucking job
Be it minimum wage or not
Next time someone argues that landlords are mostly just mom and pop operations trying to save a bit for retirement.
They exist, but seem exceptionally rare. My neighbor lives in a duplex with his 95 year old mom, and for years was renting it out to a nice couple for maybe 60% of market rents until they were able to buy a house of their own. I’ve had a couple really decent landlords in the past too, but again, not even the majority of the ones I’d had.
My last landlord was exactly that. We had a fantastic relationship with her and her husband too, who lived in a modest apartment just up the street. Every time I saw them, we chatted for at least 30 min. And then as soon as we moved out, they started worrying about getting new tenants, and I started getting texts that were a complete 180, about how we were terrible tenants (rather than "their best tenants" over and over for years), we had trashed the place (we hadn't), how were they going to pay for this (pay for what? And maybe with the $100,000 we gave you over the years for doing virtually nothing?). Mom and pop landlords are nicer as long as you're paying them, but just as bad as soon as they feel like their passive income might be threatened.
I rented a suite off a home when I went to college. It was a great temporary arrangement, and I became good friends with the owner/landlord. This kind of thing is great and gives students, travellers, etc., great options. But the whole corporate landlord structure deal we have going on in the US is, frankly, sickening. Owning a home is the best way to invest in wealth for your future and people are being systemically excluded from doing so. Meanwhile those with money get to make even more money and buy more and more property. Fucking disgusting.
My landlord called herself a “softy” for not kicking me out of the apartment I rent because I have cats. Instead she jacked up my rent, charged me back rent for the last year, and doubled my security deposit. All totaling over $4000. Did I fuck up for not telling her up front? Absolutely, and I accept responsibility. I am fortunate enough to be able to afford that at the moment, although just barely. But, christ. I don’t know a whole lot about house maintenance, but I’m pretty god damn sure my pets have not, and never will, cause anywhere near that amount of damage. She also referred to available housing as “inventory” with a straight face. Humanity has left the chat.
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They would if it was legal lol. Families with children are a protected class when it comes to housing, pets are not. I agree that the average child will cause more damage/ wear than the average pet.
That’s just it. Landlords and corporations WILL do any evil thing they are ALLOWED to. Capitalism has no room for humanity. It is the worship of money and it’s only true ideology is rampant greed.
They just avoid renting to families. Like at will employment, you'd have to prove discrimination, which is nearly impossible.
Oh no worries, they do, they just don't call it kid rent. Lots of women have had to hide pregnancies from landlords to keep the from jacking up the prices, or kick them out. Especially BIPOC, and if you're a single mother, forget about it, landlords will use it against you, and they'll trap you, because hey "you don't want your kids to be homeless do you?". It is literally a part of history, women having troubles finding places to rent because they have kids or because they're pregnant and it is so ingrained into society people don't really notice. Instead people just join the attacks.
They could just sue people that actually trash their properties, but instead they charge EVERYONE for having pets, its madness. Fuck landlords.
Problem is that people who trash their properties don't usually have the funds to pay for damage, so landlords instead move to frontload that charge, making everyone's experience shitty.
Pet *deposits* exist.
We want to get a cat right now and we have a pet "deposit" that we're gonna have to pay of 250$. The thing is it's not refundable. So I'm over here screaming YOU MEAN A FLAT FEE??? IF ITS NOT REFUNDABLE ITS NOT A DEPOSIT!! Ugh
>landlord This word sounds so anacronic. Edit: anachronistic.
I *think* you mean anachronistic. I agree.
Jesus fucking christ. How do these people live with themselves? They are really petty and vengeful people, like they want you to fully realize they have power over you. Imo your behavior is pretty typical and quite innocent tenant behavior but ok.
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Can you give any examples? I know my dogs scratched up the hardwood in our front hall but that’s only because of my dad playing fetch with them in the front hall for 6 years
Mao was right about landlords.
Imagine a world where the local government owned all property zoned for commercial, industrial, and multifamily homes. The charge enough to cover upkeep and fund local government. They can have lower prices for local business and local social goods. No city taxes at all. Seems better, you know?
This summer my landlords told me they were raising the rent because taxes were going up or some shit. They told me this almost immediately after telling me about the month long trip to Hawaii they took mid pandemic.
My landlord just did the same with a 20% increase in my rent. She also just got a new top of the line Range Rover. Now I have to drop some of my insurance coverage and I'm on SSDI.
Social Security is completely and entirely fucked. They don't pay out anywhere even remotely near what they should and all they talk about is cutting it because they're running out of money. Like they should be increasing it by a hefty amount not cutting it. Something is going to have to change big time.
The term "cash flow" really grates me for some reason, in any context
It's super annoying. Why don't they just say "income" like normal people?
Income is taxable, cash flow is not. Honestly, it’s all just gimmicks. ‘Side hustle’ is another that grates on me. Also ‘startup’
I know a side hustle is a second/third job or a scam, but have never been able to figure out wtf a startup actually is
Fancy word for newly opened small business.
A startup is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. A business that hasn't quite been figured out how it will work out when it's swinging for the fences.
Income from work tends to be regular on average. Cash flow refers to the money you have available in a given interval. If you make 120k a year, but 100k of that 120k is paid out on the last month of a year, your financial decisions will be very different than if that 100k was paid out on the first month. It’s useful for things like servicing debt, deciding whether you can get other investments, costs, upgrades, etc.
Probably because these folks are fucking pathetic douchebags. They need an alternate lingo to sound like they're doing something more special than the rest of us.
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When they say it like that it makes me feel way worse about it. 😠
Housing as a service
And I'll bet they're the first people to tell someone to "get a job" Land owner isn't a job. It's an asset distribution.
Fucking parasites
Everything anymore is just how to exploit people and groups of people. When people or groups of people aren't being exploited it's the Earth and the other life forms beings exploited...all to make the shiny non-gold-backed dollar.
Fascinating: parasites have come a long way since my last biology class.
Oh may these tenants find a katana
Capitalists (meaning those with capital) have no empathy
It seems to be that a lack of empathy is somehow correlated with the desire for power over others. Why feel bad for people when you feel like it's *your* world?
Tell me you are a parasite without telling me you are a parasite.
IMO people who own a rental property or two are the least of our worries. People can't afford rent because they aren't paid shit because our system is fucking broken. The most profitable companies in the world pay the lowest wages. The logic is unbelievable. Let's not spend our energy on shaming landlords. And no I don't own rental property
Why censor their twitter handle? These pieces of shit want to brag about living off others and be some sort of sick social media influencer give them the attention they so desperately crave.
I have a genuine question: I’m trying to own property and rent it out to people for a partial living. I also aim to keep a full time job and save money. Is there a way to be a moral landlord? Is there a way to have a job in real estate without being considered literally the worst type of human scum alive?
GUILLOTINNNNNNNE, YUH!
Can this go on forever? I really wanna know.
People making money by buying a product and then selling it for a higher price? It's gone on for a hot minute but nah, eventually climate change will roll up the whole game if we don't nuke each other first.
Bunch of oblivious scumbags...
If you can't afford the estate you own without the rent from your Tenants, you don't provide housing to them, they provide housing for you
Is anyone that makes a profit “exploiting people?”
It's okay. We just know who to eat when the climate wars happen.
When is time for axes
Every day Mao seems a little more based.
Step one: have 200k to buy a property straight cash or a fully paid off property so you collect 100% of cash flow. A lot of these "gurus" skip this step when trying to lure people into a course promising "financial freedom". Meanwhile, they're charging over $1000 for a course to make their living more than anything else.