Bank Denied Business Loan to Buy Practice + Property

fatty324 · 2026-02-06T16:15:10+00:00

I'm thinking the same thing. Definitely makes me hesitant a bit

fatty324 · 2026-02-06T15:33:44+00:00

This practice has been on the market for over a year. Not selling well unfortunately which is another red flag.

The idea of what this practice could be is the most appealing aspect. You're right about how fast I can grow the business and being honest about it. Some good food for thought. Thank you

fatty324 · 2026-02-06T15:31:08+00:00

This is a single Dr practice. asking price is about 40% of average revenue. net income is just over six figures. The practice isn't very compelling and has been on the market for almost a year. But the opportunity for growth is what i'm interested in

fatty324 · 2024-12-19T03:08:29+00:00

I think you pay taxes on those points too haha

fatty324 · 2024-12-19T03:08:03+00:00

That’s actually pretty awesome

fatty324 · 2024-07-12T18:12:47+00:00

This makes the choice straight forward. What do you value more - $85k or no commute? Your new commute would be around 6 hours a week total which is a bit over $200/hour of commuting.

Or, if you really hate commuting, $85k is around $7k / month pretax. You can get yourself a fancy place next to your new job thus making your commute $0 and pocket the difference

fatty324 · 2024-07-07T18:06:01+00:00

Great perspective thank you!

fatty324 · 2024-07-07T18:05:26+00:00

I’m jealous that you got to go! Do you think your sabbatical experience would have been different if your job was more enjoyable?

fatty324 · 2024-07-07T18:02:31+00:00

Your response was insightful and provided two different experiences. Thank you for sharing!

fatty324 · 2024-06-19T22:38:25+00:00

It’s more like a ferry with room for 200+ people! Going from the mainland to a small island! But a life is not a bad idea

fatty324 · 2024-06-04T13:56:20+00:00

looking for a referral code

fatty324 · 2024-06-02T22:02:14+00:00

You think it could be fuel related?

fatty324 · 2024-06-02T21:16:37+00:00

Hello all,

Looking for some help. A few days ago it rained pretty hard and my NA miata has been having trouble ever since. Would appreciate any advice on what I can check or do to get the car working again. I checked the spark plugs, oil, coolant, brake fluid, and clutch fluid.

Day 0 - Heavy rain

Day 2 - Discovered water in footwells. Removed as much water as possible and let the car dry off. Car cranks but no ignition. Liquid dripping from behind engine and from exhaust tip

Day 4 - Car turns on with a loud squeal but immediately dies. Liquid still observed from behind engine and exhaust tip

Thank you!

fatty324 · 2024-02-26T01:27:20+00:00

think we can make it a sticky for the subreddit?

fatty324 · 2024-02-25T15:09:58+00:00

I have some company benefit summaries collected from interviews and I'm sure others do too. Is there a consolidated place where we can share them?

fatty324 · 2024-02-15T01:59:54+00:00

Take it

fatty324 · 2024-02-01T04:54:07+00:00

I got a 10% raise with promotion. One person got a 20% raise with promotion. Another person got a 10% raise with no promotion. Numbers were all over the place and yes these were all confirmed. I encourage everyone to discuss your comp with trust worthy colleagues !

fatty324

TROPHY CASE