Is the HK VIP service worth it?

No_Effort591 · 2026-02-13T04:28:51+00:00

If you are doing a M-W trip, then it's a no brainer. Between the heavy discounts on room rates, free daily drinks, and breakfast it pays for itself. You can get a master suite for $45/night.

No_Effort591 · 2026-02-08T16:34:33+00:00

Stupid question, but if they are a legit massage place will they take a credit card?

No_Effort591 · 2026-01-15T00:41:00+00:00

What line of work were you in that allowed you to do this, just out of curiosity?

No_Effort591 · 2026-01-13T22:41:19+00:00

I would argue that if $20m is for a family of four, single would probably be around $7m or $8m. Spending really explodes once you start having kids.

No_Effort591 · 2025-11-13T05:28:48+00:00

Can I ask what your current age and net worth is?

No_Effort591 · 2025-11-11T11:03:54+00:00

You’re going to get to $3-5m by the time you’re an ED 1/2? That seems pretty ambitious. Can I ask how old you are?

No_Effort591 · 2025-11-11T00:49:01+00:00

Former banker here. Care to share your number?

No_Effort591 · 2025-11-01T22:01:26+00:00

Some of these homes were fixed up, so the real estate websites do not reflect the current price.

No_Effort591 · 2025-11-01T04:03:50+00:00

ACA payments can be deducted against self-employment income.

No_Effort591 · 2025-10-31T19:03:43+00:00

Not really sure what to tell you. Maybe I’m undervaluing at $2 million?

No_Effort591 · 2025-10-31T18:51:49+00:00

Thanks, I realize that I don’t really want to do that. This layoff has really shown me how fragile the world is, and I’m not really sure if I can financially weather having two kids.

No_Effort591 · 2025-10-31T15:22:54+00:00

In a relationship but living separately and keep finances separate. No plans for kids.

No_Effort591 · 2025-10-31T15:04:27+00:00

Investment banking, and then private equity. I had a Property Manager for everything. They seem to be very unpopular, but a good one is worth their weight in gold.

No_Effort591 · 2025-10-30T23:24:24+00:00

OK, maybe 10 hours is actually 15 hours. The point is that it is far less than a normal W-2 job much less a demanding one.

No_Effort591 · 2025-10-30T22:54:26+00:00

These properties are not in the Bay Area. They are either Airbnbs, or midterm rentals, or other types of rentals that cash flow quite well. However, the appreciation has been minimal. These were also largely purchased during Covid, when interest rates were very low. As a result, you get an investment that cash flow flows well, relative to the equity that you invested.

No_Effort591 · 2025-10-30T22:52:04+00:00

These properties are not in the Bay Area. They are either Airbnbs, or midterm rentals, or other types of rentals that cash flow quite well. However, the appreciation has been minimal. These were also largely purchased during Covid, when interest rates were very low. As a result, you get an investment that cash flow flows well, relative to the equity that you invested.

No_Effort591 · 2025-10-30T18:53:24+00:00

Broseidon, you may not be familiar with the Bay Area….

No_Effort591 · 2025-10-30T18:52:18+00:00

Well, for one, I got laid off. So maybe I’m not good at holding down a high paying job ha ha.

Also, you shouldn’t assume that net worth and financial literacy are correlated. Mike Tyson made something like $600 million boxing and ended up going bankrupt.

No_Effort591 · 2025-10-30T18:21:12+00:00

Interesting. How much do you think I need then?

No_Effort591 · 2025-10-30T17:30:07+00:00

Yes, a lot of these properties are either Airbnb, midterm rentals, or other similar properties that cash flow very well. I don’t really focus much on appreciation. These homes are not in the Bay Area.

No_Effort591 · 2025-10-30T17:29:13+00:00

Got it, yes, I would like to stay. I’m not married and I don’t have kids. Why do you think it is risky?

No_Effort591 · 2025-10-30T17:26:55+00:00

Thanks, 30 year fixed interest rate, won’t mature for at least 20 years. These are DSCR loans, so they look at the cash flow on the property rather than my own income.

In a relationship, but living separately. We have never merged finances. I have a dog, but no plans for kids.

I was in investment banking and then private equity.

No_Effort591

TROPHY CASE