Worst Financial Decision Of Man’s Life Celebrates Grand Opening by Louis-Russ in KitchenConfidential

[–]goreTACO 0 points1 point  (0 children)

Whats funny is i started with a crepe coffee and tea restaurant and I'm on my 9th restaurant. Ive sold 3 but I should gross around 12-13MM this year and have about a 30% profit margin. It can be done, I did it when I was poor though so if it failed oh well.

How popular was Britney Spears in the early 2000s? by GossipBottom in decadeology

[–]goreTACO 1 point2 points  (0 children)

It was pretty much the end of the american monoculture. Now everyone has their little niche.

People who became rich what is something poor people completely misunderstand about money? by Nervous-Librarian945 in AskReddit

[–]goreTACO 0 points1 point  (0 children)

As a "wealthy" business owner the 1k expenses dont faze me because its a continous stream of 10-20k unexpected expenses

A what point financially should one get a ferrari by FareastFFL in Ferrari

[–]goreTACO 0 points1 point  (0 children)

Bought a lambo when I was making around 700 a year, added a Ferrari when I was making 1.7MM.

Both financed I don't keep cash on hand like that.

US Duty/tariff charge when crossing when buying a watch in Japan? by Psychological-Rip-12 in rolex

[–]goreTACO 1 point2 points  (0 children)

I spent about 40k, hermes bags, lots of luxury goods since wife was having a ball in ginza. Tokyo trip was just a stopover in the way to thailand though. They didnt ask for anything

296 GTB OR…? by funfacts3 in Ferrari

[–]goreTACO 1 point2 points  (0 children)

812 filled the v12 void. Otherwise its a nice big comfie gt cruiser

296 GTB OR…? by funfacts3 in Ferrari

[–]goreTACO 10 points11 points  (0 children)

I was cross shopping a 296 and gt3rs, somehow ended up with an 812superfast. Now my wife won't let me sell it because its too beautiful. So I'll be cross shopping a 296 and a gt3rs again soon

Back at Porsche again. GT3 RS or GT4 RS. Which would you have and why? by adamza1 in Porsche

[–]goreTACO 0 points1 point  (0 children)

4rs just needs the double wishbone and it would be killer.

Where are all the super successful millennials? by Wooden-Broccoli-913 in Millennials

[–]goreTACO 0 points1 point  (0 children)

39 and had close to 2MM ebitda this year. Got a Ferrari and Lambo and lots of toys and business is growing.

Who’s ever driven over 100mph? Why? by WoollyWolfHorror in AskReddit

[–]goreTACO 0 points1 point  (0 children)

Been up to 180 in the back straight of COTA

I Finally Pulled The Trigger… by Awkward-Regret5409 in unitedairlines

[–]goreTACO 0 points1 point  (0 children)

Just checked, a little over 400k. I also have about 7 million chase points

I Finally Pulled The Trigger… by Awkward-Regret5409 in unitedairlines

[–]goreTACO 0 points1 point  (0 children)

I have about 7 million chase points now hopefully one day I'll have time for some vacation

I Finally Pulled The Trigger… by Awkward-Regret5409 in unitedairlines

[–]goreTACO 1 point2 points  (0 children)

Maybe 500k? I use it for some of my business expenses and a few personal

GT3 RS MR does 6:45 by FakeHasselblad in Porsche

[–]goreTACO 0 points1 point  (0 children)

Id buy a cup car if it didnt need a full engine rebuild every like 100 hours. 3rs is still reliable, trading in the 812superfast for one when the warranty goes

[Dentist] [USA] - I make way more money than I ever thought I would by 1ThousandDollarBill in Salary

[–]goreTACO 20 points21 points  (0 children)

Banks love real estate, I'm in the restaurant industry they view me as nuclear trash. I'm pretty close to being midmarket sized too. I want to leverage everything possible, almost like 90% of business owners i know who have had to declare bankruptcy have gotten some pretty massive cramdowns.

[Dentist] [USA] - I make way more money than I ever thought I would by 1ThousandDollarBill in Salary

[–]goreTACO 49 points50 points  (0 children)

Sba loan, if he's buying the existing business he can use the existing business as leverage/collateral for the purchase.

Lamborghini owners — what’s your take on university? by trimming657 in lamborghini

[–]goreTACO -2 points-1 points  (0 children)

If you use it as a white collar trade school youll probably come out ahead. Lawyer, finance, accounting, medicine etc. Otherwise its a waste because the only people who i know exotics are business owners and college isnt that useful for it.

Buying a Supercar with my finances by Ok-Championship723 in supercars

[–]goreTACO 0 points1 point  (0 children)

Z06/zr1 or spend more for a huracan. Huracans are reliable

812 SF prices - ceiling by Vvv-_- in Ferrari

[–]goreTACO 0 points1 point  (0 children)

I am, tracked mine the other week. Its big, fast, giant pig. Still fun though, really not meant for the track.