...And you were looking for something to invest it in, what would you do?
Assume getting additional financing is not a problem.
You win the lottery? :huh:
That is an awkward amount for me as I'm tied down with family and it's not really a game changer for us :hmm:
I'd probably just buy some more shares with it.
No, I've been saving for years. Investing here and there in the market and stuff. My original plan looks less good, so...
This is my not-to-be-in-stocks money. I have another sizable chunk in that already that I trade with. This was supposed to go in some rental property or something like that. At this point I'm tired of chasing real estate that isn't coming on the market and I want to do something.
Any of you assholes starting a business? Feel a super awesome creative desire to make sausage? Does real estate in your three-horse town just happen to be at a promising juncture? Do you have a great idea for a new microbrew?
Life does not reward work. It rewards risk. Brainstorm.
Typically for rental properties $100,000 buys you around $400,000 worth of real estate. I think I've mentioned my wife and I started building a portfolio of rental properties a few years ago, so I have some familiarity.
A really simple example, with $400k in property you should generate around $4,000/mo in rental income (1% rent rule.) That's assuming full occupancy (which you typically won't have), if your local market can't support that level of rent then I would not enter the business as there are good reasons you need about that much (you have to pay the mortgage on the property, property taxes, maintenance and repairs etc.)
At 50% occupancy then you should make $2,000/mo which is still enough to cover the est $1500/mo in mortgage payments on the $300,000 loan(s) you'll have. More properties is usually better than fewer for granularity reasons because if you say, buy 4 $100k properties then even one being vacant is a big hit. If you buy 8 $50k properties it's different. We haven't gone the lower income route, but when we were researching we definitely saw opportunities to buy at $50k/unit or lower. You can find smaller apartment buildings built many years ago in lower income neighborhoods that might have 4-15 units where total buying price can be as low as $35k here in Virginia (not Northern Virginia.) You can also find duplexes for around $120-130k, so could buy a couple of those, that sort of thing.
MiM, you want to start a bail bonds business, I'm your front office nigga.
You can be Mr. Big in the back office, whom I reference when I tell clients "Mr. Big will only accept XXX down for this bail", and you can glower at them through the venetian blinds accordingly.
Quote from: OttoVonBismarck on July 09, 2013, 05:46:17 AM
Typically for rental properties $100,000 buys you around $400,000 worth of real estate. I think I've mentioned my wife and I started building a portfolio of rental properties a few years ago, so I have some familiarity.
A really simple example, with $400k in property you should generate around $4,000/mo in rental income (1% rent rule.) That's assuming full occupancy (which you typically won't have), if your local market can't support that level of rent then I would not enter the business as there are good reasons you need about that much (you have to pay the mortgage on the property, property taxes, maintenance and repairs etc.)
At 50% occupancy then you should make $2,000/mo which is still enough to cover the est $1500/mo in mortgage payments on the $300,000 loan(s) you'll have. More properties is usually better than fewer for granularity reasons because if you say, buy 4 $100k properties then even one being vacant is a big hit. If you buy 8 $50k properties it's different. We haven't gone the lower income route, but when we were researching we definitely saw opportunities to buy at $50k/unit or lower. You can find smaller apartment buildings built many years ago in lower income neighborhoods that might have 4-15 units where total buying price can be as low as $35k here in Virginia (not Northern Virginia.) You can also find duplexes for around $120-130k, so could buy a couple of those, that sort of thing.
Otto, do you know what's the skinny on property management companies?
I have actually considered starting a property management company, FWIW. LOTS of homes here and everywhere have been bought by Blackstone and the associated LLCs. Somebody has to mow their shit and screen the renters. Hell, my mom did that for my uncles in the 80s.
If somebody comes out here, right now, and says fuck MIM I want to do this property management shit too, I might actually start up something.
I just have too much cash and not enough experience.
Quote from: CountDeMoney on July 09, 2013, 05:50:40 AM
MiM, you want to start a bail bonds business, I'm your front office nigga.
You can be Mr. Big in the back office, whom I reference when I tell clients "Mr. Big will only accept XXX down for this bail", and you can glower at them through the venetian blinds accordingly.
This. :cool:
Throw in Gangster Kitty and Katmai could film it as a independent documentary(comedy) :)
Quote from: mongers on July 09, 2013, 06:09:43 AM
Quote from: CountDeMoney on July 09, 2013, 05:50:40 AM
MiM, you want to start a bail bonds business, I'm your front office nigga.
You can be Mr. Big in the back office, whom I reference when I tell clients "Mr. Big will only accept XXX down for this bail", and you can glower at them through the venetian blinds accordingly.
This. :cool:
Through in Gangster Kitty and Katmai could film it as a independent documentary(comedy) :)
There's money to be made in it, if you're willing to spend the money starting it up.
Quote from: CountDeMoney on July 09, 2013, 06:11:37 AM
Quote from: mongers on July 09, 2013, 06:09:43 AM
Quote from: CountDeMoney on July 09, 2013, 05:50:40 AM
MiM, you want to start a bail bonds business, I'm your front office nigga.
You can be Mr. Big in the back office, whom I reference when I tell clients "Mr. Big will only accept XXX down for this bail", and you can glower at them through the venetian blinds accordingly.
This. :cool:
Through in Gangster Kitty and Katmai could film it as a independent documentary(comedy) :)
There's money to be made in it, if you're willing to spend the money starting it up.
No doubt, but judging by some of our connurbations, the real money in 'servicing' the urban poor is payday loan shops and Fixed odds betting terminal in bookmakers.
Honestly, if this is enough to get going, I would go ahead now. Seriously Seedy--I'd bankroll you to the hilt any day. What do the numbers look like?
I think most are stopping there.
Quote from: MadImmortalMan on July 09, 2013, 06:18:09 AM
Honestly, if this is enough to get going, I would go ahead now. Seriously Seedy--I'd bankroll you to the hilt any day. What do the numbers look like?
I think most are stopping there.
Depends on the amount of liability you want to assume with the insurance company.
Say the bail is $100K. You charge 10% of the bail as a non-refundable fee, so that's $10K. A portion of that goes to the insurance company, so say you go 50-50 with the company; the first $5K of the premium goes to the insurance company, and you keep the other $5K. Now, not everybody's working with $5K, so you take down, say, $2,500 and that and the first $5K winds up going to the insurance company (or split it with them right out, depending on the agreement) and you're responsible for the rest of the collections, which you take seriously because that's your money. Then it turns into as much of a collections business as it is a bail business. But, you're dealing with a clientele that recycles itself, so it's in their best interests to keep the accounts good. But, if they stop paying, you've got an iron clad promissory note, and you take it to the courts. Also, you don't always have to deal in cash. I've accepted Rolexes, Kawasakis and BMWs.
You find yourself a nice location down in the 'hood that's pretty accessible for a wide swath of residents with cheap rent from an Asian landlord, and you slowly build out a clientele that way; location, location, location. Of course, being a new company, you'll wind up getting the crap bails that everybody else turns down because they're too small, not worth the effort or they've burned their credit with other bail bonds and are grasping for straws in the phone book, but over time it can become very liquid if you're smart, willing to take a chance on shit bails, and willing to dump money into advertising. I'd say the ROI wouldn't be in the black until the 2nd or even year of establishing a storefront operation, so it would be pretty tight in the beginning. But, if you play your cards right, and don't fuck them over, you can definitely build out a client base with drug lords. Contrary to popular belief, there is honor among thieves. They like to get their people back out on the street as soon as possible, and it's a reciprocal relationship.
I worked for (and more importantly, left on good terms with) the largest bail insurance company in Maryland, and the 5th largest in the country, with hooks in about 30 states. Working up a bail in Florida is not an issue. They're very flexible with their agents, and they will process the collections for you in Circuit Court.
As far as jumpers are concerned, Maryland is still a bail-friendly state. You've got 90 days after forfeiture to produce the defendant, and can petition for a 90 day extension; so that's 6 months to find a knucklehead who's idea of skipping town is going from the East side to the West side, if he isn't already locked up. Also, if you have to pay out a forfeiture, you can still petition for remission on a sliding scale up to 10 years; if you have to pay out a $5K bail forfeiture, for instance, you can petition for 90% of the money back after year 1, 80% after year 2, etc.
It's a business that, if you're smart, the right combination of brains and balls can make some real money. But by its very nature it's a liquid business, and not everybody's got the chops for that.
I hear CdM telling that and I picture this:
(https://languish.org/forums/proxy.php?request=http%3A%2F%2Fwww.moviefancentral.com%2Fimages%2Fpictures%2Freview62285%2FWire12.jpg%3F1323452328&hash=56ea51a746d6f6d0600fa949004092e5c3d3e0cd)
MAH CLIENT
No, I wouldn't know. And you know that. <_<
Quote from: CountDeMoney on July 09, 2013, 05:50:40 AM
MiM, you want to start a bail bonds business, I'm your front office nigga.
You can be Mr. Big in the back office, whom I reference when I tell clients "Mr. Big will only accept XXX down for this bail", and you can glower at them through the venetian blinds accordingly.
If i were not a lawyer, this is what I would do.
Or just plain dirt. Dirt is good.
If you need a car repo guy, I can do it.
I need to bulk up and get a chain for my wallet tho.
MAH MULLET
Quote from: Scipio on July 09, 2013, 07:48:48 AM
Quote from: CountDeMoney on July 09, 2013, 05:50:40 AM
MiM, you want to start a bail bonds business, I'm your front office nigga.
You can be Mr. Big in the back office, whom I reference when I tell clients "Mr. Big will only accept XXX down for this bail", and you can glower at them through the venetian blinds accordingly.
If i were not a lawyer, this is what I would do.
Lawyers are another reciprocal relationship that can generate revenue streams for both parties.
Quote from: Ed Anger on July 09, 2013, 07:58:28 AM
If you need a car repo guy, I can do it.
I need to bulk up and get a chain for my wallet tho.
MAH MULLET
Fuck that noise. That shit's more dangerous than bail bonds.
MAH ACKOORA
If you are serious, MiM, I can see what books MHP could publish in the next year or so for $100k. It wouldn't be a long-term thing, though, unless you wanted to buy in as a partner with some of that.
Quote from: Pitiful Pathos on July 09, 2013, 05:59:24 AMOtto, do you know what's the skinny on property management companies?
They can make sense, the more work you do personally for your rental business the more profit you make. Property management makes sense for basically three sets of investors as I see it:
1. Individuals who own a single property in addition to their residence that they would like to rent out, but have no means of maintaining. An example I've seen is basically a woman we know who is in her mid-60s, whose very elderly mother requires care and the woman decides to move in to her mother's house to take care of her. This leaves her own home vacant, and she decides to rent it out to generate income while dealing with end of life issues and such with her mother. As a mid-60s widow with no handyman skills or energy to deal with it, paying on average 10% of her rental revenue to the property management company to handle all the details makes sense.
2. Entry to midsize real estate investors who don't have enough time to manage their own properties
and who can pay the property management fee and still generate a profit. This would technically be us, but we've gone another route that keeps our profit margins healthier. Generally the more properties they own the more likely you can pay for property management and still make an acceptable profit. People like my first example are just looking to generate a small amount of income and probably own their rental property outright (not really ideal for real estate investing, it's better to finance as much as possible vs own everything outright) whereas people in this category most likely have financed the purchase of 1-10+ properties.
3. Larger players. A lot of these are actually "real estate developers" who build huge condo or apartment projects. They don't want to be land lords of any one property for very long. With condos they usually sell as many condos as they can to start, and then will use a property management company to rent out the rest as they find buyers over time. Since these players are primarily in the business of developing real estate they aren't interested in holding any properties for long or managing them. When they build large scale rental developments their goal is to find a company that is in the large scale rental business to buy the whole complex from them. Sometimes these relationships can get to be "incestuous" you see a lot of times big property developers may have an ownership group that
also owns a separate property management group and then one of their firms is a customer of the other. They also usually tend to make each individual development its own stand alone business and etc.
I'd buy land for trees, the rotation I think is 5 years, so it starts paying back in 5 years, making money after 25. This would give me hunting land, airsoft land, off roading trails land, and a prepper bunker.
I'd invest in cake and ice cream too. :blush:
Quote from: MadImmortalMan on July 09, 2013, 05:13:39 AM
Do you have a great idea for a new microbrew?
Yes. I'd like to start a new honey-based microbrewery. Honey-flavored beers, honey wines, honey ciders.
Honey whiskey and meads are becoming kind of big right now. I think a honey-based brewery would go over really well.
Quote from: lustindarkness on July 09, 2013, 08:39:10 AM
I'd buy land for trees, the rotation I think is 5 years, so it starts paying back in 5 years, making money after 25. This would give me hunting land, airsoft land, off roading trails land, and a prepper bunker.
I'd invest in cake and ice cream too. :blush:
I think we have the winner.
Quote from: CountDeMoney on July 09, 2013, 07:27:35 AM
No, I wouldn't know. And you know that. <_<
How do you know you hate it if you haven't seen it? And how do you not recognize Idris Elba if you have? :hmm:
Quote from: lustindarkness on July 09, 2013, 08:39:10 AM
I'd buy land for trees, the rotation I think is 5 years, so it starts paying back in 5 years, making money after 25. This would give me hunting land, airsoft land, off roading trails land, and a prepper bunker.
I'd invest in cake and ice cream too. :blush:
What kind of trees are we talking? Christmas trees? nursery? softwoood? pulp? hardwood(unlikely at 5 years)?
Quote from: Maximus on July 09, 2013, 08:51:30 AM
Quote from: lustindarkness on July 09, 2013, 08:39:10 AM
I'd buy land for trees, the rotation I think is 5 years, so it starts paying back in 5 years, making money after 25. This would give me hunting land, airsoft land, off roading trails land, and a prepper bunker.
I'd invest in cake and ice cream too. :blush:
What kind of trees are we talking? Christmas trees?
:wub:
Can I come work on your farm if you grow Christmas trees? :)
Quote from: Maximus on July 09, 2013, 08:51:30 AM
Quote from: lustindarkness on July 09, 2013, 08:39:10 AM
I'd buy land for trees, the rotation I think is 5 years, so it starts paying back in 5 years, making money after 25. This would give me hunting land, airsoft land, off roading trails land, and a prepper bunker.
I'd invest in cake and ice cream too. :blush:
What kind of trees are we talking? Christmas trees? nursery? softwoood? pulp? hardwood(unlikely at 5 years)?
Well, down here (MS, AL, GA, FL) many people do this with pine trees. They grow fast enough that a plot will be ready to cut in 5 years, so you have 5 plots in rotation. I know of someone in GA that did this and paid off his land, house and initial investment in 15 years, but if I remember right, most already had good trees to begin with.
I guess hardwoods would take a lot longer but make good money on the long run?
Quote from: merithyn on July 09, 2013, 08:42:46 AM
Yes. I'd like to start a new honey-based microbrewery. Honey-flavored beers, honey wines, honey ciders.
Honey whiskey and meads are becoming kind of big right now. I think a honey-based brewery would go over really well.
I like to brew with honey, too, but the materials cost of that has got to be outrageous compared to malted barley, wheat, etc.
I'd probably use just a whisper of honey and do the rest with DME. :)
Most people probably wouldn't like the taste of a pure dry mead anyway. I can tell you the first time I tried mead it was totally the opposite of what I expected it to taste like. I like it now though.
Quote from: lustindarkness on July 09, 2013, 08:39:10 AM
I'd buy land for trees, the rotation I think is 5 years, so it starts paying back in 5 years, making money after 25. This would give me hunting land, airsoft land, off roading trails land, and a prepper bunker.
I've been seriously thinking about doing this myself. :cool:
Open a cupcake store.
BTW, $100K cash would not fit in your pocket.
Sure it does.
(https://languish.org/forums/proxy.php?request=http%3A%2F%2Fdarkcreek.com%2Funited_states_currency%2Funited_states_one_hundred_thousand_dollar_bill%2Fmoney-100000-front.jpg&hash=23ec8c85e5d461beb53b78e52ae54ae154da8726)
Quote from: CountDeMoney on July 09, 2013, 07:27:35 AM
No, I wouldn't know. And you know that. <_<
Apparently the character on the left of the picture (Maurice Levy, a slimy lawyer defending drug dealers) is a composition of several real Baltimore drug lawyers that operated while Simon was a reporter. You may know them. :ph34r:
Quote from: Caliga on July 09, 2013, 09:10:40 AM
I like to brew with honey, too, but the materials cost of that has got to be outrageous compared to malted barley, wheat, etc.
It would definitely have to be a high-end brewery, to be sure.
QuoteI'd probably use just a whisper of honey and do the rest with DME. :)
:yuk:
That would be horrible!
QuoteMost people probably wouldn't like the taste of a pure dry mead anyway. I can tell you the first time I tried mead it was totally the opposite of what I expected it to taste like. I like it now though.
Not all meads have to be dry. It depends entirely on the yeast strain and the length of the fermentation. I've made some pretty sweet meads as well as some pretty dry ones. And the dry ones are best if left to ferment for a couple of years. Takes the edge off if it's left longer.
Quote from: lustindarkness on July 09, 2013, 09:00:06 AM
Quote from: Maximus on July 09, 2013, 08:51:30 AM
Quote from: lustindarkness on July 09, 2013, 08:39:10 AM
I'd buy land for trees, the rotation I think is 5 years, so it starts paying back in 5 years, making money after 25. This would give me hunting land, airsoft land, off roading trails land, and a prepper bunker.
I'd invest in cake and ice cream too. :blush:
What kind of trees are we talking? Christmas trees? nursery? softwoood? pulp? hardwood(unlikely at 5 years)?
Well, down here (MS, AL, GA, FL) many people do this with pine trees. They grow fast enough that a plot will be ready to cut in 5 years, so you have 5 plots in rotation. I know of someone in GA that did this and paid off his land, house and initial investment in 15 years, but if I remember right, most already had good trees to begin with.
I guess hardwoods would take a lot longer but make good money on the long run?
Pine is the best return on investment, but you want to avoid monoculture issues, due to pine beetle infestations. A competent licensed forester would be able to advise you.
Quote from: merithyn on July 09, 2013, 09:39:23 AM
Not all meads have to be dry. It depends entirely on the yeast strain and the length of the fermentation. I've made some pretty sweet meads as well as some pretty dry ones. And the dry ones are best if left to ferment for a couple of years. Takes the edge off if it's left longer.
I've got a three gallon batch of blackberry mead that's been fermenting for three years now. :cool:
Quote from: Scipio on July 09, 2013, 09:58:08 AM
Pine is the best return on investment, but you want to avoid monoculture issues, due to pine beetle infestations. A competent licensed forester would be able to advise you.
If I can ever afford to do this, believe me I would get a pro to help me. All I know about the woods has to do with camping, off roading or how to quietly lead my squad to flank the enemy playing airsoft. :)
Quote from: Caliga on July 09, 2013, 09:59:43 AM
Quote from: merithyn on July 09, 2013, 09:39:23 AM
Not all meads have to be dry. It depends entirely on the yeast strain and the length of the fermentation. I've made some pretty sweet meads as well as some pretty dry ones. And the dry ones are best if left to ferment for a couple of years. Takes the edge off if it's left longer.
I've got a three gallon batch of blackberry mead that's been fermenting for three years now. :cool:
Mine never last that long. :blush:
Quote from: CountDeMoney on July 09, 2013, 08:09:40 AM
Quote from: Ed Anger on July 09, 2013, 07:58:28 AM
If you need a car repo guy, I can do it.
I need to bulk up and get a chain for my wallet tho.
MAH MULLET
Fuck that noise. That shit's more dangerous than bail bonds.
MAH ACKOORA
No shit. Nobody's Caddy is worth bleeding out from a stomach wound.
You could fund my work as an artist. Can't guarantee a return though :)
Quote from: merithyn on July 09, 2013, 11:40:05 AM
Mine never last that long. :blush:
The truth is that I'm just too lazy to swing by the beer store and get the bottles I need to finish it out. :blush:
For a hundred grand you could fund a simple iOS game. Realistically, you'd lose your money unless you picked some people who were either very lucky or knew what they were doing (ideally both). Of course, if you got a hit you'd make a pretty fat return on investment... like making orders of magnitude back on your initial investment.
... a bit of a long shot, and probably not worth it for an individual.
Should you want to throw your money away like that, I can probably hook you up with some people and filter out the some of the ones completely doomed to fail from the outset.
Quote from: MadImmortalMan on July 09, 2013, 04:53:45 AM
...And you were looking for something to invest it in, what would you do?
Assume getting additional financing is not a problem.
100 000 in swiss bank with 10% interest.
You cannot touch the money for 10 years.
In 10 years you will have 200 000 bucks.
From there on, of your 10% interest send half to your checking account for you, half back into your swiss account.
20 years from the start you will have 300 000 bucks.
30 years 500 000 and so on.
Quote from: Siege on July 09, 2013, 03:31:47 PM
Quote from: MadImmortalMan on July 09, 2013, 04:53:45 AM
...And you were looking for something to invest it in, what would you do?
Assume getting additional financing is not a problem.
100 000 in swiss bank with 10% interest.
You cannot touch the money for 10 years.
In 10 years you will have 200 000 bucks.
From there on, of your 10% interest send half to your checking account for you, half back into your swiss account.
20 years from the start you will have 300 000 bucks.
30 years 500 000 and so on.
No bank in the world pays 10% interest.
There are Swiss Bank accounts that give 10% interest p.a.? Which accounts are these?
Simple interest no less, not compounded.
Quote from: MadImmortalMan on July 09, 2013, 05:13:39 AM
No, I've been saving for years. Investing here and there in the market and stuff. My original plan looks less good, so...
This is my not-to-be-in-stocks money. I have another sizable chunk in that already that I trade with. This was supposed to go in some rental property or something like that. At this point I'm tired of chasing real estate that isn't coming on the market and I want to do something.
Any of you assholes starting a business? Feel a super awesome creative desire to make sausage? Does real estate in your three-horse town just happen to be at a promising juncture? Do you have a great idea for a new microbrew?
Life does not reward work. It rewards risk. Brainstorm.
Rather than invest yourself in a business (or in real estate) why not just invest in a nice REIT or two? I know you said "not in stocks", but a REIT isn't the same thing as a stock. Or similarly, invest in some nice dividend-paying preferred stock (which isn't quite the same as common stock).
Quote from: OttoVonBismarck on July 09, 2013, 08:33:43 AM
Quote from: Pitiful Pathos on July 09, 2013, 05:59:24 AMOtto, do you know what's the skinny on property management companies?
They can make sense, the more work you do personally for your rental business the more profit you make. Property management makes sense for basically three sets of investors as I see it:
1. Individuals who own a single property in addition to their residence that they would like to rent out, but have no means of maintaining. An example I've seen is basically a woman we know who is in her mid-60s, whose very elderly mother requires care and the woman decides to move in to her mother's house to take care of her. This leaves her own home vacant, and she decides to rent it out to generate income while dealing with end of life issues and such with her mother. As a mid-60s widow with no handyman skills or energy to deal with it, paying on average 10% of her rental revenue to the property management company to handle all the details makes sense.
2. Entry to midsize real estate investors who don't have enough time to manage their own properties and who can pay the property management fee and still generate a profit. This would technically be us, but we've gone another route that keeps our profit margins healthier. Generally the more properties they own the more likely you can pay for property management and still make an acceptable profit. People like my first example are just looking to generate a small amount of income and probably own their rental property outright (not really ideal for real estate investing, it's better to finance as much as possible vs own everything outright) whereas people in this category most likely have financed the purchase of 1-10+ properties.
3. Larger players. A lot of these are actually "real estate developers" who build huge condo or apartment projects. They don't want to be land lords of any one property for very long. With condos they usually sell as many condos as they can to start, and then will use a property management company to rent out the rest as they find buyers over time. Since these players are primarily in the business of developing real estate they aren't interested in holding any properties for long or managing them. When they build large scale rental developments their goal is to find a company that is in the large scale rental business to buy the whole complex from them. Sometimes these relationships can get to be "incestuous" you see a lot of times big property developers may have an ownership group that also owns a separate property management group and then one of their firms is a customer of the other. They also usually tend to make each individual development its own stand alone business and etc.
Thanks Otto. I asked because I would fall into the first category (I live in China most of the year). Seems a potentially viable option for the future. I'm weighing my options as I have no benefits of tax shelters for retirement stock investments as a non-resident, so that is one reason why real estate might potentially make more sense for me.
Quote from: Caliga on July 09, 2013, 04:26:37 PM
Quote from: Barrister on July 09, 2013, 03:46:27 PM
a REIT isn't the same thing as a stock
:huh:
hmm... A quick investigation shows this might be a cross-border thing. In Canada a REIT is not incorporated - it is a trust. As such there is no stock - instead you buy units in the trust. :smarty:
But maybe US REITs do in fact have stock.
If I had a hundred grand cash in my pocket, I would be furiously trying to figure out where the rest of it went. :bowler:
Quote from: fhdz on July 09, 2013, 11:46:32 AM
You could fund my work as an artist. Can't guarantee a return though :)
On a more serious note, I've thought several times about owning/operating an interior/exterior painting business which also does mural work. I could also use it as a venue for other commissioned artwork too - i.e. paintings on canvas, mostly - but the bread and butter at least at first would be straight-up paint crew work.
Quote from: fhdz on July 09, 2013, 11:41:31 AM
Quote from: CountDeMoney on July 09, 2013, 08:09:40 AM
Quote from: Ed Anger on July 09, 2013, 07:58:28 AM
If you need a car repo guy, I can do it.
I need to bulk up and get a chain for my wallet tho.
MAH MULLET
Fuck that noise. That shit's more dangerous than bail bonds.
MAH ACKOORA
No shit. Nobody's Caddy is worth bleeding out from a stomach wound.
Fine. I'll assemble my own crew.
Fuck it, MiM.
Shave off $25K, blow that on a trip to one of LA's swankiest suite hotels, hook up with one of the high-end escort operations that's off the grid, bang the porn stars you've always wanted to bang and do all the coke you've wanted to do over a 4 day booze- and Viagra-fueled weekend and then invest the other $75K, which is still a nice, solid, round number to work with.
Money is temporary, but memories last forever.
Quote from: Barrister on July 09, 2013, 04:41:56 PM
But maybe US REITs do in fact have stock.
There's no maybe about it. :contract: I own stock in both REITs directly as well as ETFs that hold (mostly) REITs.
Adopt a child.
One interesting investment option I read about in the Economist is peer to peer lending (it might have a different name). When I first read about it a long time ago I thought it was sort of like microfinance: "lend me $200 so I can buy a used bike to deliver newspapers." Turns out the majority of it is credit card consolidation loans. People go on these sites to refinance their 18% balances at 14%.
Quote from: Admiral Yi on July 09, 2013, 07:07:31 PM
One interesting investment option I read about in the Economist is peer to peer lending (it might have a different name). When I first read about it a long time ago I thought it was sort of like microfinance: "lend me $200 so I can buy a used bike to deliver newspapers." Turns out the majority of it is credit card consolidation loans. People go on these sites to refinance their 18% balances at 14%.
What is the risk.
No support for the Languish Breastaruant franchise? :(
Quote from: fhdz on July 09, 2013, 07:09:52 PM
Quote from: Phillip V on July 09, 2013, 06:52:45 PM
Adopt a child.
HAHAHAHAHAHAHAHAHAHAAAAAAAAA
Hey man, don't knock the concept. There's a wide selection of 16 year olds from the Pacific Rim to choose from these days.
Think of it this way, you're halfway through the troubled teen years.
Quote from: CountDeMoney on July 09, 2013, 07:11:32 PM
Quote from: fhdz on July 09, 2013, 07:09:52 PM
Quote from: Phillip V on July 09, 2013, 06:52:45 PM
Adopt a child.
HAHAHAHAHAHAHAHAHAHAAAAAAAAA
Hey man, don't knock the concept. There's a wide selection of 16 year olds from the Pacific Rim to choose from these days.
Think of it this way, you're halfway through the troubled teen years.
I'm just laughing at the notion of a child as an investment rather than a giant (loveable, amazing, brilliant, blah blah blah) money pit.
Quote from: Phillip V on July 09, 2013, 06:52:45 PM
Adopt a child.
That's the lamest investment strategy ever, unless you're going the Count de Humbert route.
Quote from: Tonitrus on July 09, 2013, 07:10:52 PM
No support for the Languish Breastaruant franchise? :(
Hell, Ed's favorite, Tudor Biscuit World franchises start at $50,000....could start breaking them into Maryland.
Quote from: MadImmortalMan on July 09, 2013, 04:53:45 AM
...And you were looking for something to invest it in, what would you do?
Assume getting additional financing is not a problem.
I'd invest in my future and get another college degree. :)
Seriously, as an occasional player of the South Carolina Education Lottery, I have given the matter thought. $100,000 (taxes paid) would probably be applied in toto to my student loans.
Anything less than about $80k, and I'd have to do some serious quantitative, including actuarial, analysis to determine if spending the money to satisfy my debt obligations would actually be worthwhile. I know at some point there is a cutoff where it would be wasting the money, assuming a steady state or declining income and continuing on the IBR program till death and/or 25 years have elapsed.
Sub $30k, and I'd pay off my consumer debt and blow the rest on a Mustang, or a Camry and an HD projector, depending upon how I feel that day.
In the middle region, I'd likeliest pay off consumer debt and buy a house.
Of course, PSLF changes the analysis. If I am able to snag this here gubmint jerb for which I recently interviewed, it'd be financially boneheaded to spend a dime more than the law requires, unless I were to win so preposterously much that I decided to walk away from gainful employment forever, i.e. a ten-plus figure payout.
However, since IBR tracks income and not assets, I think it's possible I'd only take the hit for one year, and then I could get on FOX News the year after that. :)
See, my post is a lot more realistic for the average person, since the best "investment" for the average person is to deleverage. LOL WHAT FAILURE OF AGGREGATE DEMAND.
Quote from: MadImmortalMan on July 09, 2013, 05:13:39 AM
Life does not reward work. It rewards risk. Brainstorm.
Typically, it rewards neither.
I have considered started a legal staffing company to try to compete with my paymasters, who exploit us at the same time they charge [firm name] too much. If I could get my former coworkers to sign on and [firm name] on board, as a completely parasitic entity, we'd be pretty profitable. My idea is sort of like a more socially-acceptable unionization effort.
The problem is rocking the boat could just as easily get me fired. If I had other employment, though, I wouldn't give a shit.
The downside is that the legal industry is disintegrating, including document review.
Quote from: fhdz on July 09, 2013, 07:12:54 PM
Quote from: CountDeMoney on July 09, 2013, 07:11:32 PM
Quote from: fhdz on July 09, 2013, 07:09:52 PM
Quote from: Phillip V on July 09, 2013, 06:52:45 PM
Adopt a child.
HAHAHAHAHAHAHAHAHAHAAAAAAAAA
Hey man, don't knock the concept. There's a wide selection of 16 year olds from the Pacific Rim to choose from these days.
Think of it this way, you're halfway through the troubled teen years.
I'm just laughing at the notion of a child as an investment rather than a giant (loveable, amazing, brilliant, blah blah blah) money pit.
It's a big risk, especially if they come out or end up retarded/disabled, but good productive children can increase family security and ultimately make the world a better place by their 20's or even earlier.
Quote from: Phillip V on July 09, 2013, 07:26:18 PM
Quote from: fhdz on July 09, 2013, 07:12:54 PM
Quote from: CountDeMoney on July 09, 2013, 07:11:32 PM
Quote from: fhdz on July 09, 2013, 07:09:52 PM
Quote from: Phillip V on July 09, 2013, 06:52:45 PM
Adopt a child.
HAHAHAHAHAHAHAHAHAHAAAAAAAAA
Hey man, don't knock the concept. There's a wide selection of 16 year olds from the Pacific Rim to choose from these days.
Think of it this way, you're halfway through the troubled teen years.
I'm just laughing at the notion of a child as an investment rather than a giant (loveable, amazing, brilliant, blah blah blah) money pit.
It's a big risk, especially if they come out or end up retarded/disabled, but good productive children can increase family security and ultimately make the world a better place by their 20's or even earlier.
We as parents do our best to ensure that they all come out a
leeeettle beet retarded/disabled.
Quote from: fhdz on July 09, 2013, 07:30:48 PM
Quote from: Phillip V on July 09, 2013, 07:26:18 PM
Quote from: fhdz on July 09, 2013, 07:12:54 PM
Quote from: CountDeMoney on July 09, 2013, 07:11:32 PM
Quote from: fhdz on July 09, 2013, 07:09:52 PM
Quote from: Phillip V on July 09, 2013, 06:52:45 PM
Adopt a child.
HAHAHAHAHAHAHAHAHAHAAAAAAAAA
Hey man, don't knock the concept. There's a wide selection of 16 year olds from the Pacific Rim to choose from these days.
Think of it this way, you're halfway through the troubled teen years.
I'm just laughing at the notion of a child as an investment rather than a giant (loveable, amazing, brilliant, blah blah blah) money pit.
It's a big risk, especially if they come out or end up retarded/disabled, but good productive children can increase family security and ultimately make the world a better place by their 20's or even earlier.
We as parents do our best to ensure that they all come out a leeeettle beet retarded/disabled.
I don't think any parent deliberately raises their child to be like Tamas.
Quote from: Ideologue on July 09, 2013, 07:32:41 PM
Quote from: fhdz on July 09, 2013, 07:30:48 PM
Quote from: Phillip V on July 09, 2013, 07:26:18 PM
Quote from: fhdz on July 09, 2013, 07:12:54 PM
Quote from: CountDeMoney on July 09, 2013, 07:11:32 PM
Quote from: fhdz on July 09, 2013, 07:09:52 PM
Quote from: Phillip V on July 09, 2013, 06:52:45 PM
Adopt a child.
HAHAHAHAHAHAHAHAHAHAAAAAAAAA
Hey man, don't knock the concept. There's a wide selection of 16 year olds from the Pacific Rim to choose from these days.
Think of it this way, you're halfway through the troubled teen years.
I'm just laughing at the notion of a child as an investment rather than a giant (loveable, amazing, brilliant, blah blah blah) money pit.
It's a big risk, especially if they come out or end up retarded/disabled, but good productive children can increase family security and ultimately make the world a better place by their 20's or even earlier.
We as parents do our best to ensure that they all come out a leeeettle beet retarded/disabled.
I don't think any parent deliberately raises their child to be like Tamas.
Ron Paul! :P
You should give it to me. A sound investment to be sure.
Quote from: Caliga on July 09, 2013, 06:51:58 PM
Quote from: Barrister on July 09, 2013, 04:41:56 PM
But maybe US REITs do in fact have stock.
There's no maybe about it. :contract: I own stock in both REITs directly as well as ETFs that hold (mostly) REITs.
Neither of you is truly wrong. Historically a REIT was just what BB said, not a corporation but a trust. You bought units in the trust, and if the trust paid out 90% of its income as dividends (along with a list of other requirements) to the unit holders then much/all of its Federal income tax liability disappeared. So it was basically a way for trusts to sort of pass through income directly to unit holders who would then be taxed on it, but the trust itself avoided having to pay income. So basically unlike a typical corporate arrangement, you aren't "double taxed."
A lot of REITs are still actual trusts. However, the term REIT has gotten much broader since the 1950s when the regulation allowing for them was created. Nowadays, you can get the tax treatment of a REIT while not actually being a legal trust. Instead, even regular corporations or other forms of business association can get IRS REIT treatment if they follow the rules. So in the U.S. the term more broadly refers these days to any company that can file an I-REIT form for income tax treatment as a REIT. Even though not all of them are legal trusts (but many of them still are, example AGNC, CMO, IRET are actual REIT trusts.)
But that doesn't mean you can't trade them on an exchange, not everything that trades on the NYSE or similar equity exchanges is actually a company. There are lots of Unit Investment Trusts (UITs), Royalty Trusts (give you the right to a stream of income typically associated with a specific natural resource), MLPs and other such entities listed on the major exchanges (and even more listed on sketchier exchanges.)
Canada used to have something called a Royalty Trust, which was similar to an American royalty trust except they could be perpetual going concerns. They could buy new assets and basically run as a business, and they had great tax treatment. But a few years ago the tax treatment changed and they were no longer worth while, I think most have changed into other forms of businesses or folded up. I used to own some 5-6 years ago because they paid great dividends, but you do have to deal with withholding on dividends received on foreign shares.
BB makes a good point about preferred securities. They are shares that function like bonds mostly, but they are / typically do pay higher interest rate than bonds. You can find preferred securities with 8% yield right now.
Check out this (http://www.preferredstockchannel.com/symbol/?symbol=SB.prb). Now yes, in terms of credit ratings that preferred share is basically unrated and considered junk grade, it's a Greek shipping firm. With preferreds it is extremely important you read the terms. In the case of SB.PRB it is cumulative (so skipped dividends accumulate and must be paid eventually), and has a set call window, if the company doesn't call them by 2016 the dividend rate increases over a period of quarters.
While being associated at all with any Greek company is scary (preferreds can lose all value and stop making payments if the company goes bankrupt) if you read about Safe Bulkers they've got a lot of contracts to cover the next few years and the owner and CEO has put a lot of his own private money behind this effort to raise capital with the preferred security issuing so it is more likely in my mind they keep paying them.
Even if something like that is too risky, you can find preferreds issued by RBS yielding 5.75% right now, that have made their quarterly payments for years without issue now. Also, they trade at a discount to call value and are past their call date, so if RBS ever calls them you make an instant profit. In the case of RBS.PRL $100k would get you 5,091 shares paying $1827/quarter or $7310/year in dividend payments. If ever called, they'd have to give you $25/share which is an instant 21% return on investment on top of whatever number of dividend payments you received on it.
A hundred thousand US dollars. Probably half the money in a passive stock fund, and half the money in investment grade bonds.
Quote from: fhdz on July 09, 2013, 07:12:54 PM
Quote from: CountDeMoney on July 09, 2013, 07:11:32 PM
Quote from: fhdz on July 09, 2013, 07:09:52 PM
Quote from: Phillip V on July 09, 2013, 06:52:45 PM
Adopt a child.
HAHAHAHAHAHAHAHAHAHAAAAAAAAA
Hey man, don't knock the concept. There's a wide selection of 16 year olds from the Pacific Rim to choose from these days.
Think of it this way, you're halfway through the troubled teen years.
I'm just laughing at the notion of a child as an investment rather than a giant (loveable, amazing, brilliant, blah blah blah) money pit.
Heh. Having kids used to be a retirement plan. Now it's just an expensive hobby.
I do have some REITs btw. About fifty grand in them between a couple property trusts and my shares in Kinder Morgan, which is a MLP. That's in an IRA retirement account. The money I'm talking about here was supposed to be for buying some physical stuff. I don't really feel like dumping it in the market somewhere. I already have those investments.
Quote from: Admiral Yi on July 09, 2013, 07:11:53 PM
Quote from: Phillip V on July 09, 2013, 07:08:13 PM
What is the risk.
You could lose everything.
Apparently not. If Phillip is talking about the same system as I read about then the default rate is only 2% and your loan is spread between borrowers in £10 packets.
Though I thought the return was only 8% or so.
Edit : I see it was Yi who was talking about it, we are maybe thinking of different but similar arrangements or are getting forgetful of detail in our old age.
Quote from: Peter Wiggin on July 09, 2013, 09:21:52 AM
Sure it does.
(https://languish.org/forums/proxy.php?request=http%3A%2F%2Fdarkcreek.com%2Funited_states_currency%2Funited_states_one_hundred_thousand_dollar_bill%2Fmoney-100000-front.jpg&hash=23ec8c85e5d461beb53b78e52ae54ae154da8726)
Adjusting for inflation, a 1934 $100,000 bill would purchase the equivalent of $1.4 million.
http://stats.areppim.com/calc/calc_usdlrxdeflator.php
Quote from: CountDeMoney on July 09, 2013, 06:53:27 AM
Quote from: MadImmortalMan on July 09, 2013, 06:18:09 AM
Honestly, if this is enough to get going, I would go ahead now. Seriously Seedy--I'd bankroll you to the hilt any day. What do the numbers look like?
I think most are stopping there.
Depends on the amount of liability you want to assume with the insurance company.
Say the bail is $100K. You charge 10% of the bail as a non-refundable fee, so that's $10K.
In Tennessee, they'd take 5%. Unbelievable. Especially when, after getting a 75-80% acquittal on an attempted murder, to-wit-with-a-chainsaw (plus two separate agg assaults, w/ chainsaw & knife) trial, we got the bail reduced from $100k to $6000 pre-sentencing, and it still took like 20 days for our client's psycho mother to get together the $300 to spring his ass, after 11 months in jail pre-trial.
------
But I'd love to get to back to you in 10 years and run a little kickback operation between my personal injury/criminal defense firm and your bail bonds shop. :D
"....mmm-hm, mm-hm,
(nodding too frequently out of impatience) I know it wasn't his gun, Mrs. Anderson, I understand he couldn't have known it was there, and we'll talk all about this later, but right now we've got to get Junior out of jail, don't we?
(Scribbling on business card) Ma'am, what I want you to do right now is take this card down to Mr. DeMoney's office, just the next block over, and tell 'em Mihali sent you. Now
(a rehearsed grin and subtle snort), he might come off a little gruff at first, but we go way back, ya see, and he'll give you a special price, just as a favor for me. You talk to Seedy and work something out, he'll have your son back home for dinner and a good night's sleep in his own bed. Then in the morning, I can get the full story from Junior and we'll figure out our gameplan for fighting this case. Sound good? Oh, and
(half-smirks) let him know I've got something for GangstaKitty the next time I see him. You take care now, Mrs. Anderson, and we'll be in touch real soon."
Quote from: Capetan Mihali on July 10, 2013, 06:06:59 AM
Quote from: CountDeMoney on July 09, 2013, 06:53:27 AM
Quote from: MadImmortalMan on July 09, 2013, 06:18:09 AM
Honestly, if this is enough to get going, I would go ahead now. Seriously Seedy--I'd bankroll you to the hilt any day. What do the numbers look like?
I think most are stopping there.
Depends on the amount of liability you want to assume with the insurance company.
Say the bail is $100K. You charge 10% of the bail as a non-refundable fee, so that's $10K.
In Tennessee, they'd take 5%. Unbelievable. Especially when, after getting a 75-80% acquittal on an attempted murder, to-wit-with-a-chainsaw (plus two separate agg assaults, w/ chainsaw & knife) trial, we got the bail reduced from $100k to $6000 pre-sentencing, and it still took like 20 days for our client's psycho mother to get together the $300 to spring his ass, after 11 months in jail pre-trial.
The big thing now in Baltimore is to take 1% down for certain bails and pay the rest off. The courts don't like it, but it's a separate contractual agreement between the bondman and the signers, not the courts and the defendant. But somebody, somewhere will post that bail. That's right, you can get out of jail in Baltimore on a $10,000 handgun charge for $100 down.
It's really gotten out of control.
QuoteBut I'd love to get to back to you in 10 years and run a little kickback operation between my personal injury/criminal defense firm and your bail bonds shop. :D
"....mmm-hm, mm-hm, (nodding too frequently out of impatience) I know it wasn't his gun, Mrs. Anderson, I understand he couldn't have known it was there, and we'll talk all about this later, but right now we've got to get Junior out of jail, don't we? (Scribbling on business card) Ma'am, what I want you to do right now is take this card down to Mr. DeMoney's office, just the next block over, and tell 'em Mihali sent you. Now (a rehearsed grin and subtle snort), he might come off a little gruff at first, but we go way back, ya see, and he'll give you a special price, just as a favor for me. You talk to Seedy and work something out, he'll have your son back home for dinner and a good night's sleep in his own bed. Then in the morning, I can get the full story from Junior and we'll figure out our gameplan for fighting this case. Sound good? Oh, and (half-smirks) let him know I've got something for GangstaKitty the next time I see him. You take care now, Mrs. Anderson, and we'll be in touch real soon."
Well, sometimes the lawyer-bondsman relationship can go pretty sour, because they're both going after the same pot of cash. Criminal defense attorneys don't take a dump without a retainer. But the trial's 6 or 9 months away, and he's in jail tonight. Who do you think is gonna win that one? :smarty:
Quote from: CountDeMoney on July 10, 2013, 06:49:25 AM
The big thing now in Baltimore is to take 1% down for certain bails and pay the rest off. The courts don't like it, but it's a separate contractual agreement between the bondman and the signers, not the courts and the defendant. But somebody, somewhere will post that bail. That's right, you can get out of jail in Baltimore on a $10,000 handgun charge for $100 down.
It's really gotten out of control.
Yowza, that's wild.
QuoteBut I'd love to get to back to you in 10 years and run a little kickback operation between my personal injury/criminal defense firm and your bail bonds shop. :D
"....mmm-hm, mm-hm, (nodding too frequently out of impatience) I know it wasn't his gun, Mrs. Anderson, I understand he couldn't have known it was there, and we'll talk all about this later, but right now we've got to get Junior out of jail, don't we? (Scribbling on business card) Ma'am, what I want you to do right now is take this card down to Mr. DeMoney's office, just the next block over, and tell 'em Mihali sent you. Now (a rehearsed grin and subtle snort), he might come off a little gruff at first, but we go way back, ya see, and he'll give you a special price, just as a favor for me. You talk to Seedy and work something out, he'll have your son back home for dinner and a good night's sleep in his own bed. Then in the morning, I can get the full story from Junior and we'll figure out our gameplan for fighting this case. Sound good? Oh, and (half-smirks) let him know I've got something for GangstaKitty the next time I see him. You take care now, Mrs. Anderson, and we'll be in touch real soon."
Well, sometimes the lawyer-bondsman relationship can go pretty sour, because they're both going after the same pot of cash. Criminal defense attorneys don't take a dump without a retainer. But the trial's 6 or 9 months away, and he's in jail tonight. Who do you think is gonna win that one? :smarty:
[/quote]
Same reason people take the shittiest pleas -- years of probation with totally unrealistic conditions (that all but guarantee re-incarceration), a lifetime of checking "Yes" to the felony question on the employment application at carwashes and Burger Kings -- on winnable cases, or choose to take a guilty plea rather than stay 6 more days to finish a 30 day in-house drug program as leverage for a dismissal...
But of course it's so much easier to fight a case from outside, even if a plea is the obvious outcome.
Quote from: MadImmortalMan on July 10, 2013, 12:19:26 AM
Quote from: fhdz on July 09, 2013, 07:12:54 PM
Quote from: CountDeMoney on July 09, 2013, 07:11:32 PM
Quote from: fhdz on July 09, 2013, 07:09:52 PM
Quote from: Phillip V on July 09, 2013, 06:52:45 PM
Adopt a child.
HAHAHAHAHAHAHAHAHAHAAAAAAAAA
Hey man, don't knock the concept. There's a wide selection of 16 year olds from the Pacific Rim to choose from these days.
Think of it this way, you're halfway through the troubled teen years.
I'm just laughing at the notion of a child as an investment rather than a giant (loveable, amazing, brilliant, blah blah blah) money pit.
Heh. Having kids used to be a retirement plan. Now it's just an expensive hobby.
It's like buying an expensive house. An expensive house that talks back to you. An expensive house that talks back to you, stresses you out, and makes you wonder if it will take care of you when you are old and mentally 5 years old again.
EDIT: I shouldn't be so glib. My kids are actually really good kids. I can count on one hand the number of times I've gotten any backtalk from them. They save it all up for they mama :D
I'm forming a kampfgruppe. :)
Help finance a porno.
Financing a porno is its own reward. I think I figured out what I'd do with a middling lottery win.
Perfect idea Mimsy. You're looking for a way to generate some entertainment with your loot without losing the principal and maybe making back some return.
Porno.
Okay now you're getting creative. I like it. :)
Spend 100% of that budget on signing Peter North.
Quote from: Caliga on July 10, 2013, 08:51:38 PM
Spend 100% of that budget on signing Peter North.
So you think that MiM should just hire Peter North to... stand in from of him and jerk off?
No. Tons of chicks would work for free to get the chance to work with The Beer Can. Good way to break into the business.
Quote from: Caliga on July 10, 2013, 08:51:38 PM
Spend 100% of that budget on signing Peter North.
Peter North, superhuman tho he is, cannot equal the volume of twenty men in series.
Making porn as investment? :lmfao:
Quote from: Caliga on July 10, 2013, 08:51:38 PM
Spend 100% of that budget on signing Peter North.
Spend 100% on a female porn star, as male actors get amateurs who will pay you to participate in the production.
Quote from: Caliga on July 10, 2013, 08:55:17 PM
No. Tons of chicks would work for free to get the chance to work with The Beer Can. Good way to break into the business.
You still need a camera, some lights and other equipment. I can't help but think you are projecting a bit here.
Quote from: Razgovory on July 11, 2013, 03:58:34 AM
You still need a camera, some lights and other equipment. I can't help but think you are projecting a bit here.
Ok, 95% for Peter, and 5% for katmai.
Quote from: katmai on July 11, 2013, 02:45:01 AM
Making porn as investment? :lmfao:
Dude, shut up :shifty:
Quote from: katmai on July 11, 2013, 02:45:01 AM
Making porn as investment? :lmfao:
Why not? There seems to be a lot of pent up demand for it.
Crooked Letter Brewing in Ocean Springs, MS has a small corporate bond that pays 10% annually in quarterly disbursements. Right now they've got 20k in available bonds. It's not an ownership position, but if you want to park part of your money to earn 10% simple annual, it's a good bet.
Quote from: DGuller on July 11, 2013, 08:23:23 AM
Quote from: katmai on July 11, 2013, 02:45:01 AM
Making porn as investment? :lmfao:
Why not? There seems to be a lot of pent up demand for it.
Because access to the content for free on web is so high, odds are low for return on money.
Quote from: Syt on July 11, 2013, 02:53:54 AM
Quote from: Caliga on July 10, 2013, 08:51:38 PM
Spend 100% of that budget on signing Peter North.
Spend 100% on a female porn star, as male actors get amateurs who will pay you to participate in the production.
Spend the money on female porn stars, cast yourself opposite them, "accidentally" unplug camera.
Quote from: Peter Wiggin on July 11, 2013, 04:45:44 PM
Quote from: Syt on July 11, 2013, 02:53:54 AM
Quote from: Caliga on July 10, 2013, 08:51:38 PM
Spend 100% of that budget on signing Peter North.
Spend 100% on a female porn star, as male actors get amateurs who will pay you to participate in the production.
Spend the money on female porn stars, cast yourself opposite them, "accidentally" unplug camera.
Nah, do that, but with a DSLR with a good wide-angle lense...specialize in POV.
Quote from: Peter Wiggin on July 11, 2013, 04:45:44 PM
Quote from: Syt on July 11, 2013, 02:53:54 AM
Quote from: Caliga on July 10, 2013, 08:51:38 PM
Spend 100% of that budget on signing Peter North.
Spend 100% on a female porn star, as male actors get amateurs who will pay you to participate in the production.
Spend the money on female porn stars, cast yourself opposite them, "accidentally" unplug camera.
You could just hire hookers instead.
Quality control. Hookers are both less attractive on average, and it's more difficult to sift through their resumes.
Folks seem to have given this a great deal of thought.
Cal has a weird obsession with Peter North. I think he wants to get boned.