Mathew Knowles on Making First Million, Benefits of Renting vs Owning Home
- Thread starter thismybgolname
- Start date
Post the realtor lady he fucked. Bitch had a phat ass.
damn now that was interesting.... bruh and his wife was paid waaaay before beyonce...
and now we know how beyonce was able to rock them killer weaves..lol
I think this bruh knowles here has a lot of jewels to drop....
oh and prepare for the multi page thread on is is better to rent or to own in
five four three two....................
and now we know how beyonce was able to rock them killer weaves..lol
I think this bruh knowles here has a lot of jewels to drop....
oh and prepare for the multi page thread on is is better to rent or to own in
five four three two....................
See your daughter has talents allow her to drop out of high school to pursue them and boom you made your first million
First time I’ve listened to this guy. Obviously he started out with several unique “products”: wife who managed a top hair salon and daughters as top entertainers. But, he’s giving out serious good advice for any entrepreneur. I made a decision several years ago that I no longer wanted to live in a house that I owned. Especially with so many great apartments available. I have real estate that allows me to take advantage of the tax breaks, but I don’t have to deal with maintenance or any of the stress of homeownership like leaky roof or plumbing. Hope all of BGOL can stay focused on the knowledge that he’s bringing and not deal with the side story.
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Made his first million off a hair salon.
If you talking bout his baby moms, she really don't have a fat ass, nice shaped slimmie tho. Her and my ex are good friends.
From the photos I saw
lol obviously you aint peep the video, his first multi milly was made before beyonce..
when you say you have real estate that allows you to take advantage of tax breaks but not have to deal with maintenance or any of the stress of home ownership...
how is that possible... you still have to maintain your real estate right..?
break dat shit down bruh
I co own apartments that are professionally property managed. I get the taxation advantages without having to unstop a toilet
Hire a prop management company to deal with all of that?
They eat into at least 10% of any income. If you have the time and contractors to do it, you might as well manage it yourself. Fuck that, I manage my commercial office building myself with Mexican contractors who are always on time and inexpensive.
You no longer want to own your residence but you own rental properties? That’s weird as hell.
^^^
this is where i want to be at specially in the NE with snow and shit
interesting....but you still must incur some costs right?
are these condos? do you list them on air bnb?
what percentage of your rental income goes to maintenance?
This.
Yeah, he’s ok with being responsible for fixing all of his renter’s faulty plumbing but not his own.. Strange.
Very little. Always less than 12% a year. My building is a twenty year old A Class Office building that I bought on short sale in 2012. The most expensive thing I ever did to it was replace the roof and two ac units that got stolen. Otherwise it’s just plumbing and heating and air maintenance. I got some loyal Mexican dudes that do everything and a Nigerian guy who handles heating and air very reasonably priced. All it takes is a text and they are there.
yea its sounds interestingly confusing but maybe he is on to something
how much goes into advertising for occupants??
I APPRECIATE THIS POST BECAUSE I GREW UP IN THE PROJECTS AND HOME OWNERSHIP HAS BEEN A MAJOR PRIORITY FOR ME,BUT NOW I HAVE A DIFFERENT PERSPECTIVE,ACQUIRE
PROPERT,USE IT ,DO NOT BE IN LOVE WITH IT,IT IS A TOOL
His old ass be fucking the shit out of them young broads. Go ahead pop's, do your thing man
He owned a home when he was married with children 30 years ago. Shit is paid off now and his wife left him and his kids are grown. Any 60 year old single dude taking out a 30 year mortgage is a fool, but that same investment advice wouldn’t work for him 30 years ago.
No it isn't. He is saying he aint trying to clean gutters on his own home and deal with that bs.
If he own an apartment and someone else does it what is the difference?
If he own an apartment and someone else does it what is the difference?
No different from buying a multi plex unit and living in one of them for free.
I dont know them africans was making big money back in them hair braiding days...
ok some of it was to launder that heroin cash.. but...
still it was big business
why does it have to be an agenda?
everyone isnt interested in owning a 'house'....im not
i am interested in owning apartment buildings though....