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      07-27-2016, 12:20 AM   #35949
ASBSECU E93
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Quote:
Originally Posted by Aatish
Quote:
Originally Posted by Biorin
Quite some success to have a Ferrari and all that investment capital at the tender age of 22

Edit: maybe it's been asked on here before, but what field did you make your money in?
Family business (hospitality and commercial real estate) and getting into the stock market at an early age. The Ferrari was mainly from the hotel business...something my grandpa, dad, and I had dreamed about for a long time.
At 19, I bought and paid for a Nissan Sentra (Wagon) in a summer working for my dad.

I made payments of $500 a week and paid the note in full over 90 day

#ballin
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      07-27-2016, 12:23 AM   #35950
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Quote:
Originally Posted by Aatish
Quote:
Originally Posted by Biorin
That's cool - I really like the hotel business and am actually considering getting involved. What kind of role do you have with that business?
Thanks.

Basically grunt work. Make sure things are operating smoothly, and solve problems as they arise. Most of the time it's just going around from property to property and making sure things are smooth. Might adjust rates depending on how the rooms are moving. Sometimes, unexpected shit like sourcing material from a different vendor and getting it delivered cuz Home Depot is full of twats. Occasionally I'll fill in front desk if needed.

It's funny. My dad started doing this stuff at this age, and now I'm doing it.
On the hotels - national flag?

I lend in the hotel sector, what's your expected RevPAR? Normalized Occupancy rate(s) to be profitable?
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      07-27-2016, 12:23 AM   #35951
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I bought a fancy 600 car
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      07-27-2016, 12:23 AM   #35952
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I bought a fancy 600 car
My first car was $450
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She stood there. Pointed a finger at me and laughed at me. That damn bitch.
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Poop shit, shit and poop. I'm mildly angry now.
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      07-27-2016, 12:25 AM   #35953
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Pontiac sunbird real beaut, burned more oil than gas
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      07-27-2016, 12:28 AM   #35954
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'76 Mercury Capri.
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She stood there. Pointed a finger at me and laughed at me. That damn bitch.
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Poop shit, shit and poop. I'm mildly angry now.
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      07-27-2016, 12:30 AM   #35955
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Ha nice my buddy had later version all thru school started as turbo 4, blew it and we put the 5.0 in it.
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      07-27-2016, 12:32 AM   #35956
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This was before they designed to build off the mustang platform. It was a great car, had a beast of a 3.0 V6 and MT.
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      07-27-2016, 12:34 AM   #35957
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Mine was Cooper penny brown, but it looked just like this.
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She stood there. Pointed a finger at me and laughed at me. That damn bitch.
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      07-27-2016, 12:35 AM   #35958
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Quote:
Originally Posted by ASBSECU E93
On the hotels - national flag?

I lend in the hotel sector, what's your expected RevPAR? Normalized Occupancy rate(s) to be profitable?
Talking for the Chicagoland area, it's a tad above $105. Indiana is just above $100.

As far as flags, it's a mixed bag of Choice, Wyndham, and Hilton.
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      07-27-2016, 12:39 AM   #35959
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Quote:
Originally Posted by Aatish
Quote:
Originally Posted by Biorin
That's cool - I really like the hotel business and am actually considering getting involved. What kind of role do you have with that business?
Thanks.

Basically grunt work. Make sure things are operating smoothly, and solve problems as they arise. Most of the time it's just going around from property to property and making sure things are smooth. Might adjust rates depending on how the rooms are moving. Sometimes, unexpected shit like sourcing material from a different vendor and getting it delivered cuz Home Depot is full of twats. Occasionally I'll fill in front desk if needed.

It's funny. My dad started doing this stuff at this age, and now I'm doing it.
Not bad, it's good to have diverse experience, I imagine. I didn't realize that kind of role paid Ferrari money, and you said you are new to it?? ...Now I really need to get into the hotel business.
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you're like, the cocaine godmother of BP.
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      07-27-2016, 12:46 AM   #35960
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Quote:
Originally Posted by Biorin
Quote:
Originally Posted by Aatish
Quote:
Originally Posted by Biorin
That's cool - I really like the hotel business and am actually considering getting involved. What kind of role do you have with that business?
Thanks.

Basically grunt work. Make sure things are operating smoothly, and solve problems as they arise. Most of the time it's just going around from property to property and making sure things are smooth. Might adjust rates depending on how the rooms are moving. Sometimes, unexpected shit like sourcing material from a different vendor and getting it delivered cuz Home Depot is full of twats. Occasionally I'll fill in front desk if needed.

It's funny. My dad started doing this stuff at this age, and now I'm doing it.
Not bad, it's good to have diverse experience, I imagine. I didn't realize that kind of role paid Ferrari money, and you said you are new to it?? ...Now I really need to get into the hotel business.
Well, alone it got me my 3 and partially the Tesla. Ferrari money came mostly from the commercial real estate and past investments.
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      07-27-2016, 12:52 AM   #35961
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Quote:
Originally Posted by Aatish
Quote:
Originally Posted by Biorin
Quote:
Originally Posted by Aatish
Quote:
Originally Posted by Biorin
That's cool - I really like the hotel business and am actually considering getting involved. What kind of role do you have with that business?
Thanks.

Basically grunt work. Make sure things are operating smoothly, and solve problems as they arise. Most of the time it's just going around from property to property and making sure things are smooth. Might adjust rates depending on how the rooms are moving. Sometimes, unexpected shit like sourcing material from a different vendor and getting it delivered cuz Home Depot is full of twats. Occasionally I'll fill in front desk if needed.

It's funny. My dad started doing this stuff at this age, and now I'm doing it.
Not bad, it's good to have diverse experience, I imagine. I didn't realize that kind of role paid Ferrari money, and you said you are new to it?? ...Now I really need to get into the hotel business.
Well, alone it got me my 3 and partially the Tesla. Ferrari money came mostly from the commercial real estate and past investments.
Oh okay, I thought you had said previously that the Ferrari mostly came from the hotel business. Did you start the commercial real estate before the hotel business?
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you're like, the cocaine godmother of BP.
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      07-27-2016, 12:58 AM   #35962
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Quote:
Originally Posted by Biorin
Oh okay, I thought you had said previously that the Ferrari mostly came from the hotel business. Did you start the commercial real estate before the hotel business?
Commercial real estate gig was started after the hotel business.
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      07-27-2016, 01:08 AM   #35963
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Quote:
Originally Posted by Aatish
Quote:
Originally Posted by silvergray545 View Post
Do you have all your cars in numerical order?

#lifegoals
Lol, I wish. I've had this plate for a while. Was on my SL back in 03. Going to try and get it transferred to the Ferrari.

I've got "Hotel 1" and "Gunday" (goon in Hindi) somewhere.
So you had a personalized plate made for you at the tender age of what, 9 years old?

Pretty sweet... Setting some lofty expectations for you...
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      07-27-2016, 01:08 AM   #35964
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Quote:
Originally Posted by Aatish
Quote:
Originally Posted by Biorin
Oh okay, I thought you had said previously that the Ferrari mostly came from the hotel business. Did you start the commercial real estate before the hotel business?
Commercial real estate gig was started after the hotel business.
How many years have you been doing each? Did you graduate early as well? I finished college at 20, so it's kind of nice to have that head start on things and not have to worry about school. You've definitely done a lot with your time!
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      07-27-2016, 01:25 AM   #35965
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Quote:
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Well, alone it got me my 3 and partially the Tesla. Ferrari money came mostly from the commercial real estate and past investments.
in the Tinder thread when I mentioned that the average Ferrari owner has an income of $560k/year and an average net worth of $6M+, you strongly implied that you exceeded the average Ferrari owner on both counts.

You sound like a trust fund kid doing grunt work for daddy's company which you were handed on a silver platter. Not impressed, but I'm not surprised either.

I told you - actually self-made successful people who are in the top 0.5% of income earners and top 1% in net worth rarely waste their time posting in threads like this. They're too busy working or enjoying their money.
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      07-27-2016, 01:25 AM   #35966
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So you had a personalized plate made for you at the tender age of what, 9 years old?

Pretty sweet... Setting some lofty expectations for you...
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      07-27-2016, 01:28 AM   #35967
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I have no problems with trust fund kids as long as they don't go around flaunting it. I have a huge problem with trust fund kids who prance around and pretend like they're self-made prodigies.
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      07-27-2016, 01:34 AM   #35968
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Quote:
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Commercial real estate gig was started after the hotel business.
Hmm, does a Ferrari change your impression to other customers?
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      07-27-2016, 04:50 AM   #35969
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Montana, bitches.

If you look close you can see the road we were riding up in background of the second pic.
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      07-27-2016, 04:51 AM   #35970
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Home for the night. (Not the house)
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