My Plan B------> Real Estate

Discussion in 'Pfizer' started by Anonymous, Apr 28, 2014 at 3:22 PM.

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  1. anonymous

    anonymous Guest

    Carpenter ? I heard you made Your fathers banana stand.
     

  2. anonymous

    anonymous Guest

    You're a grown man or woman you can work wherever the hell you want to work. As long as it's not competing with your products and services at Pfizer and its outside hours youre required to work at shitty Pfizer. This is what's wrong w America you have greedy companies that penalize hard working folks. Pfizer or any drug company for that matter takes more than half your bonus anyway. My advice is grind and make money as much as you want and build whatever business you need to do that you have better stability for you and your family. F whoever says you can't grind and make that money on your own time. Pfizer and drug companies are so f'n backwards! They rather hire lazy folks content with a 9-5 interviews well but really only work 10-2. I can name almost half the people at Pfizer that consistently do this. Real grinders don't operate that way. Pfizer is just a job people. There r tons of other jobs out there. Pharma comapnies will fire and spit you out in a heartbeat! So don't ever be afraid of doing more with yourself whether it's making more money or investing in real estate or in your own business!!
     
  3. anonymous

    anonymous Guest

    Carpentry work as in rehabbing kitchens, bathrooms and turning unfinished basements into separate unit apartments. I also build patios and decks. What other skills do you have??? LMAO. It's guys like you with no other skills set who couldn't survive without a cheesy ass corporate job.
     
  4. anonymous

    anonymous Guest

    This is a grown folks forum, boy. Go back to playing on your playstation. you're useless here.
     
  5. anonymous

    anonymous Guest

    Pfizer is nothing more than a pirate ship. Sooner or later management will make you walk the plank. You can love a company, but it's nature it can't love you back. Believe your departure will leave you with a cold feeling!
     
  6. anonymous

    anonymous Guest

    Great thread and Couldn't have said it better! Esp hiring those who interview well yet cant sell a damn thing. I'm one who sells custom jewelry with stones from overseas. I make over a 300%+ mark up from my home business sometimes more depending on types of stones and the clients. I don't know much about real estate but good to read people are doing more than just pharma. It's a dead end job no pun intended and I've been laid of 4x since I started in my 20's. Ive learned early on you can't depend on your job in this industry to survive. You're just an employee number to them. Great thread though!
     
  7. anonymous

    anonymous Guest

    No need to get my hands dirty. I just hire grunts like you to do the manual labor. I assume you also cut grass and shovel snow to make a poor mans buck ? Corporate pays well enough that I can hire guys like you and some of the work and materials is put on my expense account.
     
  8. anonymous

    anonymous Guest


    What a bozo. This is the short term thinker that most of us on this thread hate to work for. One year without a paycheck and this guy would lose everything he has worked for his entire life. We on the other hand with side businesses and special skills can preserve all we have and build it up when times get lean. I'm sure your paycheck rocks dude. My passive income on my real estate that I renovated myself is almost 9k a month and I'm only 32. I own guys like you. because I ave skill sets that make money. By the time I'm 40 I will be done and making 30k a month while i live on an island until I die.
     
  9. anonymous

    anonymous Guest

    Carpentry work as in rehabbing kitchens, bathrooms and turning unfinished basements into separate unit apartments. I also build patios and decks. What other skills do you have??? LMAO. It's guys like you with no other skills set who couldn't survive without a cheesy ass corporate job.

    Hmmmm Sounds like your a jack of all trades and a master at none.
    Thanks but no thanks. I'll hire Mexicans, They work cheap and do better work
     
  10. anonymous

    anonymous Guest

    Exactly. When my rentals need repairs or updating, I save thousands a year!! Each of my real estate property are worth over $800k and in very good condition. I have 6 currently and in the market to purchase another one by Spring before real estate peaks again. I absolutely love the investments I've made. All my properties have appreciated to more than double just in the last 7 or 8 yrs. I'm in the mid Atlantic area (won't disclose too much) probably one of the best areas for work but I can tell you real estate is FARRR much better than any stocks, Pfizer bonus or any retirement fund out there!!! So for all of us that are already in the real estate game.. LET THE HATERS keep hating while we become millionaires one property at a time!! Lmao. I'm in my mid 30's not even 40 yet and properties worth roughly $5M baby!! Lol I laugh at all the broke haters on here.
     
  11. anonymous

    anonymous Guest

    I second what this guys says. I am also mid altantic but I lack that level of appreciation in my properties. I dont own a stock and never will. See here's the thing. You save your whole life and get your market retruns so you can squeak out 4% per year withdrawls out of your funds after you retire so your total sum wont decrease to much and you run out of money. Well that wont happen with property. Your rents never decrease and if the value of the property drops who cares you still have rents to live off of. If you want a new house then sell an investment property and pay for it in cash. Stocks are for dorks. Property just keeps getting better and better.
     
  12. anonymous

    anonymous Guest

    And I forgot to say, while most drug reps work to get a paycheck to pay for their house, I'm proud to say the house I live in is paid for by my rentals. Wouldn't have it any other way.
     
  13. anonymous

    anonymous Guest

    Closed on my 4 plex using an FHA loan. Had to come out of pocket another 7k to close it. BUT, good news I got a quote today for a 1 bedroom garage apartment to be built in the back. And its only going to cost me 43k. So now I will get a 5th unit on my property (illegally of course) and the rent coming in will be another 850 bucks. So I'm going to be positive another 400 a month on this unit after financing costs.

    So, thanks to this boards ideas I'm now going to up 1100 a month of cash profit on this house monthly.
     
  14. anonymous

    anonymous Guest

    To continue my saga........I have a quote to build a 850 sq ft garage thats essentially an illegal housing unit. Its going to have a walk up area for the bedroom and living space down below. I was quoted 59k for the whole package. All I have to do is install the euro one piece kitchenette in a box once the city signs off on it post construction. I have renters signed up to pay 1100 a month to live here. Seems like the rents will more than pay for the cost of construction.

    Any thoughts anyone?
     
  15. anonymous

    anonymous Guest

    I have a few questions:

    What are you going to do if the town finds out you have renters in an illegal unit? Will they permanently shut it down? If so, did you waste money?

    If the renters know it is illegal and you need to go to court will they use it against you?

    If your town has rental inspections before occupancy and you don't get the inspection and a fire happens what liability do you incur?

    What about your homeowners insurance? Is it covered as an occupied unit?
     
  16. anonymous

    anonymous Guest


    I plan to have it inspected and approved by the city without the kitchen. Then pay a guy off the book to run the plumbing and electric that will hold my kitchenette. I can't really unsure it but I can have a big umbrella policy over it. I guess 3 million should be ok to cover things like a fire
     
  17. anonymous

    anonymous Guest

    This may be the best thread on all of Cafepharma
     
  18. anonymous

    anonymous Guest

    BUBBLE BUBBLE here comes the BUBBLE. Learn the 2008 lesson. Sell it all. Stay in cash for the next 6-18months. Then buy at the bottom and your might be able to retire. The bottom this time might be historic. 50% discount on properties or more.

    I saw that one of the home channels on cable has a new show called "my first flip." I may be an absolute moron but that shows me that the market is upside down and getting frothy. Its COOL to flip again. Last time that happened it was a disaster. GET OUT NOW.
     
  19. anonymous

    anonymous Guest

    O' wise one please teach me from your many years of experience. So are you saying when I can make $300-$700 a month profit per unit in rental income I should now sell everything because you watch cable TV? Please answer me quickly because I want to call my real estate agent and provide him with your wisdom.
     
  20. anonymous

    anonymous Guest

    I'm saying the market is frothy and the same mentality is setting in with flipping like in 2008. Plus many indicators show bubbles everywhere. Yeah you can make your cash flow. I have over 400k in my own cash in property and another 370 in equity based on current pricing. I make 11k a month and pay out 2k in expenses.

    What I'm saying is that if you want to protect that equity and your original bank roll cash out. Sit tight and wait. I saw prices drop 40% in the last crash and prices rebounded well. If that happens again or if an major adjustment occurs you are ready to pounce. THAT my friend can be a chance to buy and wait for prices to rise again and that's how you make a killing and how you retire and leave the big P. Worst case your money earns nothing in the next year and you have piece of mind. Just my opinion.