THINK ABOUT IT 4
http://majorityequality.info/thinkaboutit4.html
The Official Web Edition
The Official Web Edition
Sunday, March 18, 2007
Monday, January 22, 2007
Title and Introduction
THINK 4463 Version 3.01 01/22/07 50 Pages
Please note: This is the complete copy of the original Think About It First Edition, including the unchanged business plan. I have not changed any of the numbers. The business plan is completely different now, and this document is going to be fully updated very soon. All while leaving the original content there. I think that this being the first book I ever wrote, and having written the entire thing is less that 4 days, that it is pretty good. I think that it is a classic.
___________________
THINK ABOUT IT 3
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D W Coon
Third Edition 3.01
This free eBook is part of the DW Anthology (c) 2007
by David W Coon
by David W Coon
This is a free eBook.
You have the right to copy, change, print or do what ever you want this is work. You can order a copy in print, but you have to pay printing and shipping costs.
Please enjoy.
Think about It
Introduction: What is this all about?
I believe that thoughts produce things. Think about it for a moment. Then think about something that you want. If you think about what you are going to do next, it usually ends up happening right? So think about something that you want, and you will get it. There is a name for this, it is called the Law of Attraction.
“This is one of those cosmic laws that govern the universe right?”
Yes, and I am going to uses it to build my business. I am also going to teach you how to use it to accomplish anything you want. All you have to do is think about what you want. I am going to think about a successful business, and it will come to me. Actually, I already have thought about it a great deal. So much in fact that I had to write a book about it. This book came so naturally to me, because everything in the universe lined up for me at once. Or at least it all came into my mind at once, or something like that. Anyways, please read this book and think about it.
It might seem strange to talk about Universal Laws in a book about a how to make money and build a successful business, although I have found that they have much more in common then you think. I encourage you to think conceptually about these laws, and what implications they have on your life. The connections will become clear after reading this book.
Business Basics Edition 1.05
This is how I plan to become a Millionaire by being the Owner. This plan is just the beginning of what I am going to accomplish. I want everyone to know, this is not just about the money. It is about what I want to do with my life. I want to help people, and this plan gives me the power to do it. It is the financial plan for the rest of my life, as well as my code of conduct and my written statement of purpose.
Section one: Historical look back in time.
This section is the foundation what where all my ideas have come from. This section recounts everything up to this point in time. If you want to go right into the business plan, stat with Section Two.
Section two: What to do and How to do it.
This section is the master plan; further editions of this book will be revisions to the details of the business. This is a comprehensive document, containing every detail of the business, and instructions on how to do it right.
Section three: What happens now?
This section puts every thing together. Now that you know what to do and how to do it, then what do you do. You start THINKING ABOUT IT!
Orginally Written between October 22, 2006 and November 1st, 2006
By
David Whittmore Coon
(back cover)
This book is about everything. Universal Laws, and how they affect you and me, and why learning about how these laws, and how they work, you can take that understanding and apply it to your self. You can achieve anything.
I have decided what I want to achieve. I am going to start my own business, and I am going to run it the way I want too. What do you want? You can read this book and learn about how I did it, and you can do it too. You can do anything you want.
This book can change your life. This is the how to be Successful book. Successful in anything you want. This book is about using the law of attraction. I am using it to build my own business and to be able to help others along the way.
Think about it. Who makes more money, the pizza shop employee or the pizza shop owner? Ownership is how capitalists make money. This book is about my understanding of the capitalist system. I argue that the working people of the world do not get what they are worth. I have many mathematical proofs showing that the capitalist of the world are taking far more then they should. And I want to do something about it. I have designed a working capitalist business model that I believe will be very successful, and fair to its employees. I believe that if employees are given more if business succeeds, then they will work harder which leads to more business, and around again.
This book is about a progressive business plan. A business plan for the future. Times are changing and competition is starting to get tough out there. So the only successful businesses will be the ones that are ahead of the times. This business will be built with the purpose of making the most people happy as possible. I will be rewarded for this with good karma.
Section One
Section One
A historical look back in time.
“There are many aspects to success: material wealth is only one component. Moreover, success is a journey, not a destination. Material abundance, in all its expressions, happens to be one of those things that makes the journey more enjoyable. But success also includes good health, energy and enthusiasm for life, fulfilling relationships, creative freedom, emotional and psychological stability, a sense of well-being, and peace of mind.”
- From “The Seven Spiritual Laws of Success”
This is where my journey to success began.
Karma
Section One Introduction
This section examines some of the events that lead to the ideas in this book. In addition, to note that I have been thinking like a business owner for some time now. Moreover, it was not until recently that everything came together at once (read more about how this happened and how you can do it too in chapter 20). I am using many personal notes and documents as to support my strength of character and to support my ambition and motivation. These notes exemplify my desire for independence from the wage working system. I have always known that I was going to run my own business someday; I never thought it would be of this magnitude, but this book is what it has turned out to be. As you read Section One, please keep in mind that these are real notes between me and my mother. She meant well when she wrote them, she just did not think I was ready to start my own business yet. I do not know if I will ever know now, if I was ready then, but I am ready now. That is what matters.
In the summer of 2006, I moved back home for the summer. At this point in my life, I had been a poor college student for the past 4 years, with only one more year to go. The pervious 5 years were spent going to school full time and working at various different wage jobs (full employment history in Chapter 18). Now with all that past work experience and with the whole summer ahead of me, I set out to make some summer money, with the hopes of having some saved for the fall semester. I ended the summer with less then I started with, even thou I ended up working four jobs. This is enough evidence for me that proves that wage work will not get you ahead. Even if you work full time, no wage job will make you enough money to support a family or to retire on. I have bigger plans then this for my life. I do not want to be in debt for the rest of my life.
While job-hunting early in the summer, I come up with many ideas about how to make money. However, the only thing that my parents supported was wage work. I hope that after reading this book, you will all agree that wage work will not get you ahead. It is a simple fact that wageworkers are not compensated fairly for the work they provide. I have a business plan that will allow me to work for my self, doing what I want, and paying my workers what they are worth. Much further discussion on how paying employees more actually helps the business grow and profit in later chapters.
When I was 21, I made up this flyer to sell furniture that I was planning on making. I thought it was such a good idea; I could not wait to get started. The idea was either not encouraged or completely rejected almost everyone. Most people said that I should work a more stable job, so I had to drop the idea for the time being. Its not that they did not believe in me, it is just that they are all brainwashed by the capitalist system that wage work is the only working option available to young men like me. Well they were wrong. Interestingly, the idea was only just put on hold, waiting for a more profitable opportunity to come around. Now that I am working for my own company, I am going to use this idea, except I am going to make a lot more money then I had originally thought. I wrote this before I had decided to quit working for a wage, before I realized how much money I could make if I was working for myself.
Note: This was when I thought $10/hr was a good wage. Now that I have a better understanding of the benefits of ownership, I know that I am worth so much more. The concept that was created in this flyer is still going to be used, but in a large scale.
This is the note that accompanied this flyer to my mom.
Written on 6/10/06
“I really want to work on my own, as much as I can. I would love to work from home building furniture for sale. I could set my own hours and I could do it during the semester. If people are interested in buying it.
All I need a customer base. Start with family, build good quality stuff for them and try to get them to refer me to their friends. Only if they like what I build. If I try hard enough, I know this can be successful.
Even if this fails, which it may, its only shot number one at being an entrepreneur. Please use me while I am here.
Please don’t make me waste all my time at minimum wage. Those jobs are for people less ambitious.”
I got this response from my mother. Complete rejection of my ideas to work for myself. Nevertheless, it was not a total lost, I learned a lot along the way.
Note: This reminds me how much I do not want to work for a paycheck. At this point, I am completely dedicated to working for myself. These notes reinforce how much it means to me to be my own boss.
This is my next attempt to get approval to start working on my own.
“Mom
I would like to offer my services as a house cleaner. For a salary ($20-$50/week, you get what you pay for). I will do everything that needs to be done around the house. This will free up your time to do what ever you want (golf, study, read, enjoy life).
Services include but not limited too:
Cleaning, vacuuming, dishes, shopping. (Cooking is still your job) I will get what ever you need to cook with from the store.
Laundry, dog walking, gardening and anything else that is needed.”
These notes written in June 2006 show what I have wanted to do this for some time now. I have been thinking like an entrepreneur for a while. I think that it is time that I uses these ideas I have in one profit making business. I realized that my parents were busy people, who did not have a lot of time to do stuff like housework. Therefore, I offered to do it for profit (very low profit). If I can put everything together in the apartments that I own, I think that I could make some decent money.
I want to furnish all my apartments with my homemade furniture, and I am going to hire an employee do the room service. I know that when I am going to school I never have time to do laundry. This is why I want to start renting higher profit, shorter term. More like a hotel that you live in. The kinds of people that would need services like these will pay more in rent. They move into the apartment, which already has the furniture so they do not need to spend as much time moving. I am looking for this kind of clientele in the near future, people that will need these kinds of services. I believe that progressive ideas like these are the future of the service and home renting industries. Moreover, it is all going to be fair and beneficial to everyone.
Notes from June 15, 2006
“Mom,
Sorry, about the phone call at 11:15 last night. I have told people not to call after 10:30 and they don’t listen. I made it clear this time, so it wont happen again.
A am some what reluctant to ask but I need a few dollars for gas to get to work Thursday and Friday, but I don’t get paid until Friday. I don’t have anything until them. I feel really stupid.”
This note means so much to me. Here I was, working, and I still did not have enough money for gas. I had to beg for some gas money to go to work. I used to laugh with my friends that the amount of money that I made pre week was all spent on gas going to and from work. It really is not that funny. I spent all summer doing wage work and it got me nowhere. I am not going to do it anymore. I am going to work for myself and that is that.
Note: I worked at a Stewarts last fall, I opened for the store on the weekends, I was Not paid nearly enough for work I did. The store was totally in the ghetto, and for 6 months, I had to open the store at 3:30 am and work all by myself until 10 am. The job paid me $7/hr. I took in about $2,000 in cash every day I worked, and I only got about $50 a day. I had to leave because it was not worth my time. I realized then that my time is more valuable then that, and I really did not want to work at Stewarts again, it was hard work with no long-term benefits. This is why I want to be the owner.
From June 15th, 2006
“Mom,
I feel completely lost. I need you to support me and what I want. I am trying to work, but there are more important things too. I need to go to the city to visit Libby and to see my professor. These things are important to me.
All I am asking is that you support what is important to me. I understand that you need me to work, and that is important to you. But if you don’t support what important to me the I really lose my will to keep going. Out of everyone in the world, I need you the most to support me in what I need and want.”
How I ended up spending the rest of my summer:
Worked everyday and did not get anything for it.
For the first few weeks, I spent filling out applications and hoping that some one would call me back. It made me feel weak that I had to rely on someone, somewhere, sitting in a corporate office, looking at my application thinking ‘is this the right person for this job? Can this person make this company the most he can, without having to pay him too much?’
My first job I got this summer was working at Babbage’s. Because I was friends with the manager, he got me started on May 29 (job paid $6.75/hr, plus free videogames). Babbage’s is a corporation owned by Barnes and Nobles. They also own Game Stop, Funnco Land
Law of Karma
Every action generates a force of energy that returns to us in like kind...good actions brings good things. And when we choose actions that bring happiness and success to others, the fruit of our karma is happiness and success.
These corporations will not stand forever. They are dooming themselves by taking too much profit for them selves. The employees of the world will someday take a stand and overthrow the corporations that have taken advantage of them for so long. If you do not believe that this will happen, take another look at what the law of karma is saying. I want to start a company that will last. A company that is fair to everyone, a company that is not trying to make as much profits as possible and run away with them. I want to make a fair business that will bring success and happiness and success to others. Corporations that take too much for themselves are not going to be rewarded with good karma. Where are all these profits going anyways? Do the people at the top really think that they can just take everything for themselves? Good luck to them, they are not going to last much longer…it is only a matter of time.
Why is it so hard for an educated, strong, competent white male to find decent summer work? Because there are not enough good jobs that pay a living wage. Now on to my second attempt at more employment. I got an interview at the Home Depot on June 21. My mom wrote me a note “Good luck today Dave! I love you, Mom” with that, I went to my first real interview of the summer. I had to drive to Queensbury (about an hour away) to the Home Depot that was looking for people. I arrived on time and I was looking good. I had the interview, and it went very well. However, I never got a call back from them. I did get a call back about a month later from the Home Depot in
So ended up working four jobs this summer, and I started the fifth one at the end of August. These last five jobs have taught me more then I have ever learned from anything other then 17 years of school. Now I have the know how, and the elbow grease, to lead this business venture of mine to success. I am ready to do this now.
The next section details everything that I plan to do to build a successful company. And as you read through the rest of the book,
THINK ABOUT IT
Think about if you were a client of mine, think about if you were an employee of mine, and think about if this plan makes economical and logical sense. Think if anyone could follow this plan to success.
Please think about if you think I CAN follow this plan to success. If so, do you want to help me? Is there anything that you can do to help this business? Are you sick and tired of multinational corporations stealing all the profit for the hard working employees of the world?
Tell me what you think! This book is only in its first edition. Fill out the comment sheet and get it out there. Be a thinker, and think about why it is so important THINK about work. What do you do for a living? Is it what you have always wanted to do? If you could, gets a new job doing what you always wanted to do just by thinking about it, would you do it?
Think about this…
Saint Theresa's prayer:“May today there be peace within.May you trust God that you are exactly where you are meant to be.May you not forget the infinite possibilities that are born of faith.May you use those gifts that you have received, and pass on the love that has been given to you.”
Section Two
Section Two
What to do and how to do it
Success
Detailed plans on what to do, the reasons for doing it, and my philosophy on why I believe it should be done like this.
Introduction to Section Two
I am going to write a book about starting my own business. I am going to explain everything in great detail as to what I am going to do. I am going to cover in full detail everything that brought me to this decision, my own personal reasons and my ideology on working.
I have finally committed to start working on my own and for myself. I have so many things that I want to accomplish and achieve not only for myself, but also for the benefit of others that I care about. This document will be my personal manifesto; all my ideas will be presented here in. This is a continuing effort on my part to make this business happen, and I will continue to learn and write this book. However, this is not just theories and ideas. These ideas have to be put into practice immediately.
From this day forward, I will make this business my life’s work. This is what I want to do for the next 20 years. This business will support me and my family for the rest of my life, this business will be my legacy.
I resolve not to quit, give up or let any obstacle stand in my way. I will build a successful business not matter what it takes.
Signed
David W Coon 10/21/06
The basic business plan outline version 1.05
I am going to be the owner of two kinds of Apartments for rent: What I am calling ‘cheap housing’ and ‘hpst’ (high profit, short-term) housing. The cheap housing assets are going to be used primarily for equity investments later, meanwhile providing me cheap housing to rent out to generate surplus money to spend on hpst housing.
The hpst housing is the main business cash generation investment. These are fully furnished apartments with full room services, including laundry service, cleaning service, shopping services full dinner menu and more. Car rentals and full driving service (pick up clients at airport) will also be available in the future. This is where most of the company profits will come from, because these are going to be more expensive then normal apartments. Every detail is explained from start to finish in this book about how these hpst apartments will make money. And how they will be financed, promoted, furnished and operated are all explained in tremendous detail.
Therefore, my business will control both cheap housing (five or more units) and high profit, more upscale living apartments (5 or more units each). This company will have a full range of services provided to all apartments and will generated money in two ways: short term and long term. Primary way to make money in the short term is rent surpluses (money made after monthly mortgages paid). The second, long term way is all houses will build equity. I have plans on re-finishing the cheap housing units to increase their house value. After 5 years, refinance to lower mortgage payments and invest all that money into high yield accounts (12% interest accounts doubles money every 6 years). This is where all the large money is going to be made. Details on how this works later. With in 10 years of the start of this business, the mortgage money refinanced alone will be worth millions of dollars. Plus the continued income of rent profits (several thousand a month), plus equity (house value gained from mortgage minus interest will be close to a million in assets alone).
Chapter 1 "What to do and how to do it"
Chapter One What to do and how to do it
This section is still under revisions, all numbers are estimates at this time, the next edition will have completely reviewed and more definite numbers. For your convinces and to save time, because this chapter is long, I have provided a summary of results at the end of the chapter. Go back later and read this chapter if you want to understand the business plan in greater detail.
This chapter is going to detail the theory behind my business plan.
A) Buildings and assets
B) Cost and mortgages, house values and equity
C) House Refinishing
D) Mortgage Refinancing and Investments
E) Compound Interest
F) hpst High Profit Short Term housing
G) Furnishing Apartments with home made Furniture
H) Room service and Laundry
I) Car dealership
A) Buildings and Assets.
Cheap Housing
HPST Housing
I need to find up to 5 cheap houses. These are going to be made into cheap apartments, as many as possible per unit.
Ex. 8 bedroom house, 2,500 square feet. Four 2 bedroom apartment
$800/m x 4 apartments = $3,200/m (rent income)
$3,200/m x 5units = $16,000/m
20 total apartment for rent
B) Mortgage and Costs
Mortgage basics
$250,000/25 years = $10,000 a year
$10,000/12 months = $833/m
Plus interest +
Now cheap housing is going to be less then $100 sqft, so mortgage would be even lower.
Assume that mortgage would be $1,500/m.
$3,200-$1,500 = $1,700/m plus in rent profit.
$1,700 x 5 = $8,500/m in rent profit. Assuming that I could rent out all 20 apartments. Every empty apartment cost $800 in potential profits a month, but leaves open rooms for other possible profit making services.
5 units, $1,500/m mortgage each = $7,500/m to mortgages.
But 5 units makes 16,000/m in rent. As long as 10 apartments are being rented out, I will make enough to pay mortgage. $800 x 10 = $8,000 - $7,500 = $500 rent profit
Full occupancy will generate more rent profit $8,500/m
This cheap housing model is solely designed to give me places to rent out to make rent profit. Even if rent profits are not high, (not full occupancy) and rent money just pays mortgages, property will still gain equity. I am planning on refinishing all cheap houses, increasing the house value. After 5 years, I am going to refinance all mortgages, because house values have increases, mortgage payments go down.
C) Refinishing Houses
This is where my handy work comes into play. This section is what sets me apart from most landlord mongals. I am going to put hundreds of hours into this step in the process. Why? 1 month of hard labor, refinishing: House upgrades, painting, wood work, flooring, etc (Think would I enjoy living here? What would I do if I was going to live here?) It is this kind of mentality that set me apart from the rest. It is this kind of detail that is going to make my apartments more desirable, increase profits, and make my business successful. And refinishing a house will increase it’s value.
Example: 2,600 sft, 8 bedroom house at $48/sft. CH, Cheap Housing
This house costs $124,800
$124,800/25 = $4992/12 = $416/m
Even if MP mortgage payment is $800/m
8 bedroom at $200 each (more communal living) Dorm like apartments for college students. RT rent total is $1,600/m RT – RT = $800/m RP rent profit
Completes CH cheap housing model. Positive RP
House could be used as company house.
Now for the real benefits of house refinishing.
1 month of hard labor in restoration could increase the house value by $10,000. As owner, I make this money in equity. This is why 5 years later I can refinance and then really make some money.
Example 40 hours a week, 4 weeks
160hrs/m normal full time job.
$10,000/160 = $62/hr
Ownership is key here. This is the kind of work that I want to do with my life right now. I am 22 years old, and there is not much else I would rather do for work right now. But I am not going to work for someone else, making them profits. I will work harder then I have ever worked before, because I am the owner with high profits, high risk. Why work for a wage when I can work for profit.
This brings me to the importance of wage working. I am going to hire someone (employee?) to help me do this labor. I am going to pay them a wage. Even if I pay them $15/hr, pay for 40 hrs when needed during RF refinishing time
$600 for very important time saving labor.
$10,000 - $600 = $9,400 profit
This is the fraud of the capitalist system. Granted I have to wait 5 years to make my profit, but as owner I am entitled to this profit. I need to use this system to my advantage for as long as I can. This stresses the point of my mission. Must start now and be the owner. And I am working for myself. Another key point here is the person I hire will also get free housing. They will be someone that I know and could do this kind of work for me. They will be much more loyal to me because I am giving them so much more then any other employer would. I help you, you help me. Take care of the people you work with, and they will repay you with harder work.
D) Mortgage refinancing
Now that the house is worth $10,000 more, I refinance 5 years later
Example original house value $100,000 MP = 1,000/m
Refinance house with added value, plus real estate value increase, new house value $130,000. $30,000 paid to mortgage lowering MP to $700/m
$300 x 10 units = $3,000/m x 12months = $36,000/year extra because of refinancing. I am getting paid for my labor refinishing the house 5 years later. I am going to take the now $36,000 a year and invest for the next 6 years.
Take all refinancing money and invest in 12%, high yield accounts. $280,000 after 6 years, $560,000 in another 6. This brings me to the power of compound interest.
E) Compound Interest
If every house mortgage goes down average $800/m on ten units, that’s a savings of $8,000/m extra after 5 years of ownership. Could be used to pay off mortgage faster or used to invest.
$8,000/m x 12 months = $96,000/y (after 5 years + 1 year of lowered mortgage payments.
So after 6 years I have $96,000 coming in each year to invest. The only way for this business to make millions of dollars is to invest Profits for 10 plus years. This is how compound interest works.
Rule of 72: 72 divided by interest rate equals number of years it takes to double money. If I invest $100,000 a year into 12% accounts for 12 years, what happens?
$100,000 + $100,000 a year for 6 years =
total investment = $600,000
2006 Now, buy houses and get them running, as many as possible
2007 Own at lease 3 houses
2008 Own and have operating hpst housing, this profit used to increase services
2009
2010
2011Refinance time, all mortgages lowered. Start investing now at 12% $100,000 added
2012 Each year for the next 6 years, $100,000 added
2013
2014 Every year in between I spend my time running the company
2015
2016
2017 All investments made in 2011 are doubled. $600,000 added, now worth $811,516. After 6 years of contributing money, I made $211,000 in interest alone. If continued
2018 no more money added, just continues to grow. $811,000
2019
2020
2021
2022 $1,622,000
2028 $3,244,000
In 6 years I could sell all my assets, and invest the money like this. Or invest RP, of this example I just invested refinancing savings. This is why I need to get these assets just to pay for them selves, and then all I do is make money.
F) hpst High Profit Short Term housing.
All rent profit RP will be invested into this kind of housing. These are going to be nicer apartments with full room service. More like a hotel. These will cost more (higher house value areas) so mortgages are going to cost more. But these are the people that are going to use all the services provided. Using a capitalist profit model, sell these services and make the big cash profits. This is what my company will make the most money in. Also plans like full diner menu, for served in apartment dinning room. Meals cost $10-20 each. Profit used to pay cook, who also takes orders and cooks and serves food.
G) Furnishing apartments with home made furniture
Costs and benefits
The reason for renting out fully furnished apartments are two fold.
First it enables hpst leasing, to professionals willing to pay the small extra cost.
Second I am going to build the furniture myself, thus instantly selling all my products. I will include the cost of the furniture in the price of the first two years of the rent. After 4 years all furniture earns that profit again, doubling my profit. Every year profits continue from a one time building investment. This was actually the origins of my working for my self state of mind (refer to page 2 in Section One). I make the furniture and set the prices and I sell it. I make the profits. With this system, I make continued profits.
This is how this works. Still to come: Reasons to work for yourself.
1 house 4
8 bedrooms = 8 beds, 8 dressers, bench
4 living rooms = 4 couches, 4 benches
4 coffee tables, 4 bookshelves, 4 dinning booths
| Name | Price P | Quantity Q | Time to build TTB | Total time TT TTB x Q | Totals Profit TP P x Q | Per hour TP / TT |
| bed | $100 | 8 | 45 min. each | 6 hours | $800 | $133/hr |
| dressers | $100 | 8 or 16 | 1 hour each | 8 hours | $800 | $100/hr |
| couches | $100 | 4 | 1 hour each | 4 hours | $400 | $100/hr |
| Benches Small Benches Large | $25 $50 | 8 4 | 30 minutes 30 minutes | 4 hours 2 hours | $200 $200 | $50/hr $100/hr |
| Coffee tables | $50 | 4 | 30 minutes | 2 hours | $200 | $100/hr |
| bookshelves | $50 | 4 | 30 minutes | 2 hours | $200 | $100/hr |
| Dinning booth | $150 | 4 | 2 hours | 8 hours | $600 | $75/hr |
| Totals | $575 | 44 | | 36 hours | $3,400 | $94/hr |
I will mass produce these pieces of furniture for sell it to the house for the cost that I am asking. Take $3,400 and add it to rent for house divided into 12 months for 2 years.
Example if base rent is $800/m for each apartment times 4 for house
$3,200 house rent x 12 months x 2 years
$38,400 x 2 = $76,800 total house rent for 24 months
Add furniture cost to total and divided back out to monthly rent.
$76,800 + $3,400 = $80,200/2y = $40,100/12m = $3,341month/ 4 apartments = $835/m. So for $35 more each month, I have sold $3,200 in furniture. And every 2 years I made another $3,200. Four years later I make $6,400. Continued profits. Thou I do not get paid on furniture for 2 years. It is an investment of time and money. This is how I am going to spend a lot of time on. 40 hours for each house makes $1,600 a year in furniture. $1,600/40 = $40/hr. I think I will take that job. It is what I have been wanting to do for some time now. And after 2 years that 40 hours makes me $80/h. Its just too beautiful. Making so much doing something I want to do. If I spend 40 hours a week working some where else, making $20/hr, I would only make $800 total. Or I can work for myself and make twice that or 4 times that. Which job would I rather have? Work for someone else or be the owner and make the profit for myself. If I can work like this every week for the next few years, my company will become very profitable. There is no limit to what I can achieve. Real Estate ownership continually makes money. The apartments rent pays mortgages. I don’t have to do anything, except pay one employee to maintain the houses.
Work like this every day and I will make a million dollars.
H) Room service and laundry
Cleaning and laundry service will be provided to the hpst housing. I will pay one employee to clean rooms and do laundry. 5 houses, 4 hour days, each house has scheduled day for cleaning and laundry. 20 hours a week (or how long it takes to finish job), $7/hr, $140/week, $560/m, plus
free housing. $560 x 12 months = $6,720
Five houses, 4 apartment each = 20 apartments to clean. Each apartment pay $10/w for service. $10 x 4 weeks = $40 month added to rent for laundry service.
$40 x 20 = $800/m
$800 x 12 months = $9,600 a year.
$9,600 – $6,720 = $2,880 Profit from room service. I get very satisfied clients, one really happy employee, and I don’t have to do anything but get it all lined up.
| Base rent | Laundry | Cleaning | Furnishing | Rent w/ services |
| $800 | $10 | $10 | $35 | $855 |
| $1,000 | $10 | $10 | $50 | $1,070 |
| $1,200 | $12 | $10 | $75 | $1,297 |
| Total | $32 | $30 | $160 | |
I) Car Dealership
By the time I own a few houses (in 1 year, 2 hpst, and 3 cheap housing.) I will be ready to expand the hpst housing services. I want to buy 10 company cars. All cars show cased on property. Also all cars are for rental for hpst customers. And full driving services also available. If a client needs to be picked up at the airport, I will have a driver pick them up. This is the ultimate service. If I provide this free, I am essentially picking up clients and bringing them to my business to spend money.
My company will become well known for its fantastic upscale living, fully furnished, with full room services suites for rent. I am going above and beyond what most land lords and hotels offer. This will increase the clientele. So demand for my apartments goes up, increasing rent profits. With more money to spend, more cash making services will be provided.
I am looking for professionals who will be happy to pay high rent prices for excellent services will be happy to rent cars if they are from out of town. Models just like house mortgages.
And services like these are going to attract the high profit customer base. This will lead to more profits.
Summary of Results:
Real Estate land values in
Benefits to renting out fully furnished apartments with room services: enables short term, high profits leasing, apartments more desirable and I sell my furniture and pays for one employee. Plus I make continuing profits on furniture. Building furniture pays over $50/hr.
My time is so much more valuable then it used to be. I can work like this for the next several years, plus equity and investments, I will make a lot of money. Start investing a sizeable amount of money into high interest accounts within a few years, and in 20 years, I will have more then 10 million dollars. This is what I want to do with my life right now; this is how I want to spend my time working, making profits from building furniture and house refinishing. House restoration also increase house value significantly when refinancing time comes.
This plan is to provide me with housing, I save on my monthly rent, and I get to make money doing what I want to do. I am not going to make personal profit on the renting themselves, but I am going to make a lot of profit on the furniture and all the other services that I want to be able to provide my customers. Think of it like the Monopoly Board game. I want my piece of property, to charge people rent every time they come. First, I am going to build houses, and then someday when I get more money, I want to build each on into more like a hotel. And you know who always wins at Monopoly, and it’s not the guy who just rents. I want to be the owner.
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