Do you have a hustle?

#76
#76
VolGee4 said:
50/50s? I think I was explained this but probably forgot. Are these capped at 50 people and top half wins something?
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You pretty much got it. Top half of the entries wins double the money they put up. I usually do the $25 and I usually hit top half about 75% of the time.
 
#79
#79
barknoxbrawler said:
I've only made one to sale and the rest as gifts so I am not sure. I made a custom UT cornhole board with white trim an I burned the wood to give it an aged looked with 3 coats of poly. It tuned out great. I'll take a picture and let you guys look at it.

Here is my personal table I built for my dining room. It's farmhouse style and is 48"w x 108"L.
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Nice...

I've always wanted to get into woodworking (nb4lgj). It's a serious hobby that requires time and tools that I have neither of currently. My grandfather used to do it and I still have a cabinet he built. There is also a two seater desk he made for my sisters in a storage unit. None of us grandkids have room for it right now but we don't want to sell/give it away.
 
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#80
#80
K-town Vol Fan said:
Thats like going to the salvation army and getting food and then selling the food to people.
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Say what?? Goodwill is a business that accepts free donations and makes 100% profit off of it and the only thing they do for the community is employ at minimum wage, allow free labor from community service servers, and offer minimal job training to the needy.
 
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#81
#81
K-town Vol Fan said:
Thats like going to the salvation army and getting food and then selling the food to people.
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You realize people give to goodwill and they in turn resell items they paid zilch for. They aren't some sort of grand charity organization. So what is he doing wrong?
 
#84
#84
I put an ad out for holiday financing. I'm trying to loan someone up to 750 until January 3rd, and have them pay back 5%.

We will see how this goes. I'm going to secure the loan with either a car title or other belongings of theirs (preferably guns).
 
#85
#85
Vol8188 said:
I put an ad out for holiday financing. I'm trying to loan someone up to 750 until January 3rd, and have them pay back 5%.

We will see how this goes. I'm going to secure the loan with either a car title or other belongings of theirs (preferably guns).
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Dude you are a straight hustler. Impressive. I've actually dabbled in money lending. Its easy money but obviously risky. I have no idea how to secure loans unless you mean a handshake. Are signed agreements legally binding?
 
#86
#86
Vol8188 said:
I put an ad out for holiday financing. I'm trying to loan someone up to 750 until January 3rd, and have them pay back 5%.

We will see how this goes. I'm going to secure the loan with either a car title or other belongings of theirs (preferably guns).
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Why not just open a Cash Advance store. Those places a hustle.
 
#88
#88
orange parmejohn said:
Dude you are a straight hustler. Impressive. I've actually dabbled in money lending. Its easy money but obviously risky. I have no idea how to secure loans unless you mean a handshake. Are signed agreements legally binding?
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Yes they are. But I'm hoping to work this more like a pawn broker. You give me something with a value of over 750 (I'd like a couple of guns) and then I don't really care if you pay me back. But if they do, I'll give their items back.

As for the paperwork, I've found some templates online I'm going to tweak. Also I found a service called autopal software that seems to specialize in this. They offer online bill pay options. They track your loans, interest, due dates, receipts, and they allow you to costuming your loan paperwork.

https://www.youtube.com/user/AutoPalSoftware

But that's only if I decide to do this on a more frequent basis.

edit: I changed the link. The company is autopal, not autopay.
 
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#89
#89
A guy in Raleigh just called offering 15% of his business for 13000. I'm kind of upset I didn't have it. Seemed like a nice guy. Claimed his contracting business had 800k in projected sales right now, but that he was having short term cash flow issues. Said he had some payables coming in mid January.

Sadly I told him the most I could loan right now was 1000, and that he could use some of his tools as collateral if he wanted to go that route.
 
#91
#91
Vol8188 said:
A guy in Raleigh just called offering 15% of his business for 13000. I'm kind of upset I didn't have it. Seemed like a nice guy. Claimed his contracting business had 800k in projected sales right now, but that he was having short term cash flow issues. Said he had some payables coming in mid January.

Sadly I told him the most I could loan right now was 1000, and that he could use some of his tools as collateral if he wanted to go that route.
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That doesn't smell right. 800k in projected sales but willing to offer 15% for 13k.
 
#92
#92
PKT_VOL said:
That doesn't smell right. 800k in projected sales but willing to offer 15% for 13k.
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Agreed. If he's telling the truth, he probably has debt out the ass.

I also think if he as money coming mid January like he claimed, 1000 dollars would hold him over. I was really just hoping to get a nice miter saw out of the deal and some other sweet power tools.
 
#93
#93
PKT_VOL said:
That doesn't smell right. 800k in projected sales but willing to offer 15% for 13k.
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Guys always go overboard on tools, trucks, and doo dads without accounting for slow seasons. That or a bookmaker could be taking him balls deep. Just seems far fetched to assume that everything's ok long term.

That said, it could work out well if you're willing to risk eating the lifeline cash.
 
#94
#94
Toujours Pret said:
Guys always go overboard on tools, trucks, and doo dads without accounting for slow seasons. That or a bookmaker could be taking him balls deep. Just seems far fetched to assume that everything's ok long term.

That said, it could work out well if you're willing to risk eating the lifeline cash.
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True story. Worked for a locksmith that could have the local market cornered but could never stop spending on ridiculous things. Even hired a personal chef at one point. A locksmith. Hahaha
 
#96
#96
I'm doing a loan tonight.

Meeting a girl in Raleigh along with a notary.

The loan is for 500 dollars plus an origination fee of 10 (to pay for dmv fees and notary)

She is to pay back 535 by January 9th (5% total+10 for the origination). Every day after the 9th, interest is compounded daily at an annual rate of 20%.

And we will be doing a title lien on her car to secure the loan.
 
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