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Recent content by MrChill

  1. MrChill

    I'm Moving: Taxes and Business Structure

    TAXES | REGS 
    This is an older thread, but worth a bump. Does anyone have a law firm they recommend using (or avoiding) in Wyoming to create an LLC? I'm considering buying residential (and perhaps commercial also) property within the state such that I can: Take advantage of the no personal income tax Take...
  2. MrChill

    To sell or not to sell the dream car ??

    HOT! 
    I wasn't talking about you specifically, more so a general principle for those people who are not in a financially secure spot. I don't see any problem with owning a luxury or exotic car as long as you're financially ready for it.
  3. MrChill

    To sell or not to sell the dream car ??

    HOT! 
    Buying your dream car is fine, as long as you can pay for it in cash and all your other obligations are met. For someone starting out in the wealth curve, if you can't afford to pay for it with cash IMHO, you're buying too much car for your current financial situation. I've seen a lot of folks...
  4. MrChill

    Suggestions Welcome: Turnkey CMS / Database Platform Built for Comparison Engines?

    I have a number of websites that I'd like to build that are requiring robust comparison and review engine functionality. Instead of building something completely from scratch, I'd like to know if there exists a CMS that allows you create a database of vendors and products that can easily be...
  5. MrChill

    Attention website owners!Here is why you should never use Bluehost and Hostgator (and 78 other web hosting services) for hosting your website!

    SIDE HUSTLE WEB DESIGN 
    HostGator used to give me a deal for only $4 or $5 per month for their shared hosting. As soon as my initial 3-year term was up, they jacked the price up to $15 per month. Talk about rewarding your loyal customers! No matter what web host you go with, I always advise doing regular offline...
  6. MrChill

    Anyone have experience renovating absolute run down homes?

    HOT! REAL ESTATE 
    I advise against buying a dump, as in my experience, you usually spend 20-100% or more than you originally anticipated fixing the place up, as costs can balloon if you have a serious structural problem, mold, lead paint, etc. Not to mention, there's the distraction from pretending to be a...
  7. MrChill

    The road to wealth is simple: Drive a crappy car

    INVESTING HOT! 
    Great timing with this thread. I just bought a used Toyota Prius for $6500 with only 60k miles on it. Cars do not accelerate your wealth curve, but rather throw a monkey wrench in the equation if you lose sight of the goal. Thank you for this reminder! :thumbsup:
  8. MrChill

    Need help with accounting/bookkeeping/personal finance

    After searching the forum, I came across this thread which hasn't been bumped in a while. I'd appreciate your updates if you're still using the same software or have moved on to something new. I'm in the pre-launch stage of my business right now, but I really want to nail the accounting side of...
  9. MrChill

    Lead Gen business from day 1

    EXECUTION 
    @Fred Chevry It has been a little while since your last update. How are things going? I have a similar idea as you, using a directory service to drive traffic, more so to affiliate links instead of brick and mortar businesses. Did you ever decide on what to use to power your directory? Did...
  10. MrChill

    Take Your Computer Security Seriously! YOU Are At Risk!

    GOLD! 
    Cisco offers OpenDNS for free to help block out malware and other crap that you can filter from your home network at the hardware/router level. I highly recommend this, as it is even more proactive than anti-virus software alone, as that's a client installed on your OS. The best malware is the...
  11. MrChill

    Value First and Foremost

    EXECUTION 
    I have two wonderful parents who are some of the most loving and supportive people you could ever ask for. Nonetheless, they are stuck in a J.O.B. mindset, as are a brother and a sister. I've argued with all of them in the past that having a J.O.B. is not a "safe" bet, especially in the age of...
  12. MrChill

    Unpopular Opinion: "Give Value for Free" is Bullshit More Often Than Not

    NOTABLE! MINDSET FTE 
    Congratulations on working hard and hitting 75k! What product/service and how have you been trying to convert them into paying customers? I think freebies have a valuable place in the toolkit, when used properly. Costco, a business that most customers absolutely love, give away countless...
  13. MrChill

    The "Half Baked" Ideas Thread

    HOT! IDEA 
    The service could be offered for a nominal cost, providing you get to keep most/all of the proceeds when you go to resell the items. A business like this would need quite a bit of warehouse space, and ideally a retail storefront in the way of a thrift store for your selling channel. I have a...
  14. MrChill

    Panic Setting In

    INTRO 
    I quit work a little while ago also. I've got quite a bit of savings stashed away, so I'm not in too tight of a pinch. Here's what I'm doing: Have a set bedtime and wake-up time. Treat your time like gold, and give yourself a real schedule. Take care of your body. Make sure that you don't...
  15. MrChill

    How I was able to make $10,000 this month, and I'm just getting started.

    SIDE HUSTLE 
    Thank you for banning this value cheater. A community is only as good as the garbage it takes out to the curb before it starts stinking up your pristine home. Good riddance!
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