The Worst Financial Advice
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- Опубліковано 9 жов 2024
- Why don't people ever tell you to buy fake estate??
Twitch | / atrioc
Twitter | / atrioc
UA-cam | / atrioc
VOD Channel | / @atriocvods
Reddit | / atrioc
Edited by ædish :) | / aedishedits
Outro music | @CMT8
#atrioc #clips #twitch
That landlord outed himself in the wrong chat lmao
chat being immature
@@akai8774 Chat literally just learned how to use a phone in phone class at elementary school. Us boomers use UA-cam
Guy wasnt even a landlord, just a rental manager
I think it’s probably more about creating a social culture than individually condemning. Same way that any police focused content will get ACAB spam even if the police being featured are genuinely good and benefiting their community. People just don’t want landlords, or police officers, to be comfortable or happy with their job and so work to create a hostile environment for them regardless of the context.
I get the landlord hatred tbh, no one really becomes a landlord with good intentions. You become a landlord because you want to get rich and you don’t really care if it’s at the expense of less fortunate people. I can at least sympathise that some police officers became police officers wanting to do good and not just power trip.
Yea was just making a funny observation
One big thing that a lot of people dont understand is the maintenance cost associated with rental properties. If you try and leverage without accounting for that, you'll not only end up flipping your financials over one bad plumbing call but also run the risk of having the housing authorities coming down on you. Very, very big yikes seeing so many people considering this easy cash. Reminds me of the flipper craze some years ago, which resulted in a ton of unprepared flippers losing their ass.
"I hate to Pirate Software it again-"
HE KNOWS YALL, HE;'S JUST LIKE THOR AND HE KNOWS IT.
The glizzy goblin is worthy of thors hammer, its only a matter of time...
My parents' mortgage is only $500/month. There's no way we're selling.
3000 views in only 30 seconds? Very impressive, Big A.
I sure hope no liar tries to slander him in the next 30 seconds.
Someone should make AirB&Bust a thing... asking for a friend
Sounds like a subreddit about having sex in an Airbnb
@@The-Caged-KingI won't even be surprised if that already exists
Big A doesn’t want you to know that you should invest in coffee beans. Because when glizzening happens he will buy up all of them so he can finally ascend into the coffee cow.
We got paint! He listened!
Here's the thing about Trump's case:
He admitted this. He admitted he was doing all of this in all of his debates. His entire stance was "Yes, I'm abusing the system by the rules my competitors set. If they really cared, they'd fix it. But they won't, because their 'friends' in high places won't have it."
The only thing that's different is they're trying to hold Trump accountable for it, while ignoring the other government officials doing the same exact things.
Watch him not close a single one of the loopholes exploited by Trump and the other rich.
About the Guatemala guy trying to get US remote: this is big desire among many people outside the US (I’ve seen it in e.g. India) since getting paid anything in USD makes you a rich person if you’re able to stay at home.
“gets paid 0.25 USD per hour” it’s not about the currency
Just checked quickly but the average for a software engineer in Guatemala City is ~$18,000 a year according to Glassdoor. Any comparable role in the US is significantly more
@@rollsreus2807yes but have you checked the cost of living?
@@jakefromstatefarm6969 no shot you think the cost of living in Guatemala is more expensive than basically any city in the US
I think he means cost of living is cheap = wages are lower@@K..C
4:17 “non biased source “💀
???
that isn't the way gambling with books works. once you bet you lock in a price/payout, which does not change. once a significant amount of money is headed one way (or known "sharp"/smart bettors bet one way), the books may choose to move the numbers. additionally, the fact that every book has a maximum amount they would allow is also an issue. for the largest books on the largest events, it's still generally a million dollars maximum.
9:15 this is not how sports books set there lines at ALL. I’m a professional sports bettor, what they do is shop lines from sharp books and source sharp players (like myself) and adjust lines to their play, not just any random people betting. Those sharp sportsbooks have tons of analytics run on past data processing to evaluate lines. People like me seek to exploit weaknesses in that market, very much in the same way professional traders do with the stock market but with wayyyy more clarity and limited variables
We have a low mortgage payment after downsizing from our oversized home 3 years ago with a good rate. Tons of equity in the home.
We’ve ran the numbers if we wanted to sell our smaller home and get into a new mortgage with a larger home and it would at least triple our monthly mortgage.
We’re staying in our home and fixing it up.
glad he admited to absolutely RIPPING pirate software. cant believe the cow would do this.
1:13 both my parents literally say this almost word for word and im just tryna spam money into my ETF account
Those tiktok bros just trying to unload their shit rental properties 😂😂
dude just described Regan lol
Nothing makes me happier than hearing that landlords are freaking out and losing money 😊
does anyone know what atrioc uses to pull up the twitch chats live on his stream? im assuming its live and not done in post because when he pulled of the middle management message at 7 minutes he pulled up the wrong message for a second
custom thing made by ottomated i believe, i’m unsure if it’s publicly available
Streamelements overlays is a good way to get twitch chat live on your stream
@@indt1648 ohh okay, ill have to look into it and if i find anything ill let you guys know
I will say, this is why I like owning and renting out houses rather than apartment units. Because houses are so expensive and so few on in demand, renting entire houses is becoming more and more popular, and it's actually pretty easy for me to find people making more money than me and with perfect credit who are willing to pay over $3k per house for years and treat the place great
I love this channel and his content. God damn!
I think I legitimately lost braincells at Atrioc estimating 2% of 100k, the worst part was his estimates weren't even that bad
Given that he keeps saying ‘monthly payment’ I assume he was trying to estimate the monthly payment to the bank, meaning principle + interest, not just the yearly interest. And for that approximation, I think he was pretty far off…
@@nickA2205 Yeah in case anyone was wondering what the actual numbers are, the monthly payment for a 100k loan at 2% interest is about $423.45, while at 7% interest it's $700.42. That's a 65% increase. For a more realistic mortgage price at 500k, the 2% interest is $2,117.26/month, and 7% interest is $3,502.08/month. It's again a 65% increase. The total amount paid is the worst part though. You pay over 400k more in interest at 7% than you do at 2% on a 500k loan.
Note: A 25 year amortization was used for all these examples. Numbers could change slightly or wildly depending on a different amortization timeline.
yea, i think you misunderstood the math he was doing.
Pretty sure amortization means you’re not actually paying a flat 2%…
just remember guys most europoors have VARIABLE INTEREST RATES ON THEIR MORTGAGES HAHAHAHAHAH
that landlord in chat more successful than 99.9% of chat
is that Dave "Lansky" "Mansky" Polansky????? THE OLD POCKET IN FROYOTECH FROM TF2??? he's old now
dazzlepuff msg just stayed in the bottom right screen pls fix :0
Industrial Engineer focused on marketing? What are you even on about? XD Its funny how people that dont understand marketing think its just about sitting on twitter all day.
Glad I paid down the mortgage on my investment property. Glad I resisted the urge to over-leverage myself to get another one.
Big A I bought my first condo near Vancouver at the absolute peak of the market with a variable rate. How fucked am I?
file chapter 7
@@dadzwag Chapter 7 is an American thing. I'm pretty sure I'm just supposed to yell "I declare bankruptcy" like Michael Scott
1757 views in 14 minutes? We so back!!!
Most companies won't hire you for a US remote job unless they pay you absolute pennies.
Small crypto buisnesses in Chicago hire ex yugo (like me) and russian programers trough companyes set up in the home country so they can remotely work for them at a incredibly markdowned pay (trought the company or in crypto)
LANSKYS BROTHER TRYING TO STICKY JUMP WITH 8 STICKIES
“Unbiased source” 😂
😂😂😂 Trump lmao
how is lansky from froyotech in atriocs chat????
why would he be sorry for it when all big property owners do it all politicians and tech giants do it dont like the system change the laws on it
Industrial engineering is basically business administration lol
For the record, BIG A used paint before Pirate Software blew up (although his paint skills weren't as good and still aren't lol)
Did he use a black canvas before tho or did he use a white canvas?
I also sent some applications recently to work remotely from Portugal to the US as a Data Scientist. Anyone in here who knows more about the proccess to work there? I know they pay you lass but the avg salary here is like 20k/year and there they offer 70k+
When you only have a handful of rentals you have to manage all of them yourself as its not beneficial to have a management company.
And there is SO MUCH headache being a landlord/manager. Stuff constantly breaks, tenants will move or request things you've not anticipated.
Buying a property that actually profits is extremely hard in this economy because anything that is a "good deal" is being swallowed up with cash by corporations with $$
yeah being a landlord is super duper hard, need to put some respec on their name 🫡😢
Still no prediction video...
lil bro can't even predict the future 😂
glizzy hands
lil bro struggling to do 2nd grade math with the 2% of a 100k
he didn't want to factor in loan length
Let’s see the math I don’t wanna do it either
I hope you don't think you only pay 2k on a 20 year mortgage 😅
You don’t understand how amortized loan payments work lmao
I’m about to buy a house. I know it’s not the best time, but I’m putting a great down payment on it.
Where did you get that art program? Thats some top notch stuff.
it’s a popular underground artist program called ‘Rule 34’. it became popular in the Sonic community & you can buy a licensing tier based on video game characters! search for ‘Sonic Rule 34’ if you just want the cheap option (:
But most people do not have credit or liquid cash to even buy a house so renting is here to stay
lansky from tf22222 omg omg omg
If you are poor and do not own assets. You unironically deserve to lose your agency.
it is not hard to fill properties. it is hard to fill properties with high quality tenants.
How does Atrioc get percents of 100 so wrong lmao
Most areas in the northeast have been constantly increasing rent and home prices
Don't think the trump case was how you described it. Also, why should the government, as opposed to the free market, determine the value of something? What if they did eminent domain on your house and decided it was worth a $20 Subway giftcard?
Bro the free market did determine the value of something. That's how they know he was committing fraud. Every other building nearby would sell for 1 price and then he would lie and pretend his building was worth way more or way less when it suited him.
The judge said "the frauds found here leap off the page and shock the conscience.”
boo
2 coffees in 3 minutes? Coffee cow fell off😂😂
You should read up a bit more on that Trump case lil bro
Legal eagle cooked on that
Ehhh he’s no Hassan. God I hope he can thread the needle well enough with this election
I miss the Oldtrioc 😢
I yearn for the newertrioc
I don’t really understand the “housing buying and selling has gone stagnant” when I have family and friends family selling homes within literal days. I’m not sure about that
www.cnn.com/2024/01/19/economy/us-home-sales-2023/index.html
www.wsj.com/economy/housing/home-sales-likely-fell-to-15-year-low-in-2023-3da220e1
im glad ur not sure about it because of 1 anecdote in your area but the data is pretty clear and ppl got a right to know
@@AtriocClips they’re selling homes in those overpriced markets (Austin / San Jose) so I’d assume that’s a huge factor. So far it has mostly been foreign investment (buyers out of country) making purchases so I wouldn’t say my anecdote even contradicts your information.
@@AtriocClips this requires a subscription to view
1 fall off in 3 views. Dude really 7 minutes SMH.
:)
being a land lord is worse than death. capitalism commodifying basic human needs is immoral
1 view in 1 minute? Bro felled off 💀
FIRST!!!!!!