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NOTE! I made an error saying the the fee for renting Uber in NYC is $300 a day. I meant to say a week. Got very confused regarding the timing of this as it was a while ago and doing the podcast on my own made me slip up as well. Will try to be more cognizant moving forward! In this episode, I talk about if you can make a living off of ride sharing services such as uber/lyft/via. I get into the basics of how much you actually make from these services on an average basis and also discuss how this income can vary on a case by case basis! Be sure to listen until the end to get the full insights into this!Help support us by joining our Patreon! (https://www.patreon.com/BrokeMillennialFinance)Check out our website for more content: (https://brokemillennialfinance.net) Subscribe To Our YouTube Channel: (https://www.youtube.com/c/brokemillennialfinance)Here are the referral links for you to join to get your free stocks:Robinhood: (http://join.robinhood.com/mohamak17)Webull: (https://act.webull.com/i/QNmo8WB8Yzc2/ufl/)Coinbase: (http://coinbase.com/join/khan_st?src=ios-link)Show Notes:Different types of ride sharing servicesUber/Lyft/Via etcHow much do drivers earn on average?Pay Per Hour: $8.55 - $11.77 after expenses (gas, insurance, etc)This income can vary on many factorsLocationYou can be actually making around 60-100k if you were driving in NYC.Type of servicesUber has different standards meaning you can drive regular Uber or Uber luxury, which would obviously pay moreSurge pricingSome drivers know how to take advantage of this and can and will only work during surge pricing to get the most money for their time.ExpensesIf you have your own car, plates, insurance, you will be 100x better off than the person who will rent a carGive personal examples of your bro in law or my bro.Pros and cons of ride sharingProsYou are your own bossYou can work your own hoursYou make your own income and don't have to rely on anyoneYou can use multiple different providers and don't have to stay committed to oneYou can expand into food deliver as well on downturn momentsConsUncertainty in the market based off of rules and regulationsPossibility of getting “fired” based on reviews and performanceNo health insurance through the company due to you being an independent contractor.
In this episode, we discuss what is real estate investing and if it's worth it. We go into detail about the different types of real estate invest as well as the pros and cons of each type. The different types of real estate investing we discussed are buy and hold, flips, house hacking, wholesale, BRRR, turnkey, commercial and much more!Help support us by joining our Patreon! (https://www.patreon.com/BrokeMillennialFinance)Subscribe To Our YouTube Channel: (https://www.youtube.com/c/brokemillennialfinance)Here are the referral links for you to join to get your free stocks:Robinhood: (http://join.robinhood.com/mohamak17)Webull: (https://act.webull.com/i/QNmo8WB8Yzc2/ufl/)Coinbase: (http://coinbase.com/join/khan_st?src=ios-link)Show Notes:Different types of real estate investments:Buy and holdFlipHouse hackBRRR (Buy, Rehab, Rent, Refinance)WholesaleTurnkeyCommercialPros of real estate investingOne of the best wealth generators in the worldTax advantages such as the 1031 exchangeYou control your investmentAppreciation or propertyPeople always need a place to live!Cons of real estate investingNot truly passive.You will deal with headaches in the beginning.You will need to build up a system to figure out what needs to be done. Once you have a system in place (which most investors cant) than you will have some easeCan be a cash drain depending on the propertyNot truly liquid. Cash not easily accessibleProperty can be vacant for a long time depending on many reasons.High risk such as mortgage, turnover, negative cash flow, unexpected maintenance.
YouTube Link: https://youtu.be/LOORnE1rWFk? sub_confirmation 1 Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word ""ebook"" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________ Different types of Assisting living The boutique ALF method How Loe got started investing 10 percent higher than average rents of 5500 a month in TX ALF business plans How to find a home for mom and dad Find Loe at http://thesageoak.com/
YouTube Link: https://youtu.be/LOORnE1rWFk? sub_confirmation 1Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property AnalyzerFor a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/clubPardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math!________Here are the Show Notes________Different types of Assisting livingThe boutique ALF methodHow Loe got started investing10 percent higher than average rents of 5500 a month in TXALF business plansHow to find a home for mom and dadFind Loe at http://thesageoak.com/ See acast.com/privacy for privacy and opt-out information.
HubSpot To Go - Unofficial Tips on Inbound Marketing + Sales from a Certified Partner
In this episode of HubSpot To Go I’ll discuss the HubSpot competitors app to measure your marketing RPM. Listen below the show notes. Show Notes: Different is BETTER than better Follow @handythinks Listen in iTunes or Stitcher. Leave Us A Review (It helps us grow the audience! Here’s a tutorial on how to do this.) Join the discussion: [...]