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  1. Davidla

    How to Buy a New Tesla For $5000

    HOT! 
    For the business I was looking at (that was just sold earlier today for full asking price), it looked like they were just relying on Amazon Merchandise organic traffic. This idea can also work with starting side hustle/any other business.
  2. Davidla

    How to Buy a New Tesla For $5000

    HOT! 
    The business I've initially looked at is an Amazon Merch business. I didn't know much about it prior, but after doing some DD it looks like it is legit on one hand and not great on the other. Asking Price: $33,000 Monthly Net: $1,200 Pros: -Passive (recent months seller hasn't done...
  3. Davidla

    How to Buy a New Tesla For $5000

    HOT! 
    Awesome @csalvato!! Thanks for the tips and breakdown.
  4. Davidla

    How to Buy a New Tesla For $5000

    HOT! 
    I like the idea. So to my understanding, the change here is paying lower taxes/total price and being able to finance 100%. The downside is not being able to deduct the $6,750. Are there any tax benefits that could still be claimed with used?
  5. Davidla

    How to Buy a New Tesla For $5000

    HOT! 
    True..the renting part of the plan looks like more of a pain. Can always try it and see what's really involved. I'm not much of a car guy in general, so for example I don't mind other people driving it..and I'm traveling a few months out of the year anyway.
  6. Davidla

    How to Buy a New Tesla For $5000

    HOT! 
    @csalvato Thanks for sharing from your experience..very good points. I'm mostly considering this as a fun project..ROI wise I'm focusing on other projects ;) So if Turo sucks for example, no problem dropping it. EDIT: Saw you posted your take on renting, thanks!
  7. Davidla

    How to Buy a New Tesla For $5000

    HOT! 
    Update: Just submitted a refundable deposit on the $33K business so I can get DD materials..
  8. Davidla

    How to Buy a New Tesla For $5000

    HOT! 
    Cool @Boychamp. Like @Valor was mentioning, in the video he goes into a bunch of tax writeoffs/depreciation that make this even better but I'd rather not go into atm as I'm not sure about the numbers.
  9. Davidla

    How to Buy a New Tesla For $5000

    HOT! 
    This is based on @biophase original "How To Buy A Ferrari for 20k" thread from 2011.. At least one other member also executed something similar in the INSIDERS, but since it is private I will not comment on it (OP is welcome to add to the discussion if they wish). I'm presenting a new twist on...
  10. Davidla

    From Hustle Burnout to Working 10hrs/week and Loving Life

    Would love to @AnneC , will be back at the end of the month
  11. Davidla

    From Hustle Burnout to Working 10hrs/week and Loving Life

    Are You A Solo-Preneur or Are You Building A Team? This is an important question to answer. A Solo-Preneur can still have employees..but the focus will be on leveraging his/her skills to a maximum. So fundamentally, they will be more VA/freelance/outsource focused than actually hiring...
  12. Davidla

    From Hustle Burnout to Working 10hrs/week and Loving Life

    The first thing was to make some changes with the team, so the financial stress would be much lower. We had two profit centers: 1) Recurring work (SEO, Adwords, website maintenance) 2) Project work (Websites mostly). When I decided to make the switch from growth to lifestyle, it didn't make...
  13. Davidla

    From Hustle Burnout to Working 10hrs/week and Loving Life

    Thanks for the tip about @Ravens_Shadow's thread @MJ DeMarco . Love seeing more threads like that pop up and spark up the discussion about this. I think it requires some trial and error to figure out what works best for you. For me, more than Lifestyle v.s. Enterprise it is about alignment...
  14. Davidla

    From Hustle Burnout to Working 10hrs/week and Loving Life

    Sometimes in life you don't realize how far you've come until you stop and look back. I'm currently in a small beach town in Brazil, as a part of a 3 month trip to South America. I wake up with no alarm clock..and start the day with my morning routine that takes about 2 hours. Afterwards I...
  15. Davidla

    [Progress thread] Building out a crypto mine, step-by-step - AMA

    CRYPTO INVESTING 
    @GlobalWealth Awesome news. How did you end up getting them around $100/unit v.s. the original asking price of $150/130?
  16. Davidla

    Attended a past Summit? Did you know this?

    MEETUPS 
    Attended in 2018 as well, thanks!
  17. Davidla

    2019 Fastlane Summit - Announcement

    MEETUPS 
    I'd like to discuss an additional perspective on the whole situation. I found the forum ~10 years ago when I was 20, halfway across the world while living in Israel. I was blown away by the stories and gold nuggets in the forums, and people's willingless to share and help others. I also came...
  18. Davidla

    Made $10,000 But Just Starting Out (My Humble Beginnings)

    INTRO 
    Welcome, enjoyed reading about your story! These are exactly the challenges and growth that many of us went through, and still going through at various levels.. Like you mentioned at the beginning of your post, what a little while ago seemed to you like a huge successs now looks not very...
  19. Davidla

    Hey Arun what's up?

    Hey Arun what's up?
  20. Davidla

    Ready to take your business to the next level? I'll coach you.

    MARKETPLACE 
    If you are on the fence, DO IT. I've known Steve for 7 years I think? vouche for his knowledge and experience. I'm surprised he is offering it for only $197, and I'd be more surprised if this doesn't go up to double or triple after the launch group.. Besdies Steve's own business experience of...
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