# What so you guys do for supplemental income?

**URL:** <https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863>\
**Category:** NYSpeed Off Topic\
**Created:** [April 9, 2013, 7:21am UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863 "2013-04-09T07:21:47Z")\
**Posts on this page:** 15\
**Page:** 7

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**Author:** ![91MR2](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/91mr2/32/7217_2.png) [@91MR2](https://forums.speedlife.net/u/91MR2)\
**Post date:** [January 16, 2014, 3:14pm UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/121 "2014-01-16T15:14:02Z")

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Valid points, however he was referencing an inside joke when we were at lunch today…

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [January 16, 2014, 8:52pm UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/122 "2014-01-16T20:52:46Z")

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> [@slo ride](#):
>
> i think you are referencing how many mortgages an individual USED to be able to carry in their name if the mortgage was going to be backed by fannie mae…that limit was rolled back a few years ago…i believe fannie mae now limits it to 10… although you will still be hard pressed to find a bank looking to loan money to you in the form of residential mortgages on 5-10 properties.
> 
> once you get to that many separate properties you are probably better off looking at commercial lending options through the bank. the terms aren’t as good…you aren’t going to get a 30-year fixed rate loan… but it opens up a new world of financing options.
> 
> or you could just buy the places outright and forget all this financing stuff.

i think at this level you should be more concerned with proper financial structuring such that you wouldn’t be holding the homes in your personal name anyways. you’d have a residential holdco established so that you can take advantage of tax, depreciation and various other financial vehicles to maximize earnings and to protect earnings by putting up legal barriers too… and to write off your cars… most importantly.

also, i see lafengas online but he isnt posting in here and my heart is breaking over it.

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**Author:** ![LAFENGAS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/lafengas/32/7573_2.png) [@LAFENGAS](https://forums.speedlife.net/u/LAFENGAS)\
**Post date:** [January 18, 2014, 4:33am UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/123 "2014-01-18T04:33:38Z")

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> [@bing](#):
>
> also, i see lafengas online but he isnt posting in here and my heart is breaking over it.

“supplemental”…what’s that?

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**Author:** ![Jon](https://avatars.discourse-cdn.com/v4/letter/j/3bc359/32.png) [@Jon](https://forums.speedlife.net/u/Jon)\
**Post date:** [January 18, 2014, 6:16am UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/124 "2014-01-18T06:16:00Z")

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eBay and Craigslist,anyone can do it and chances are you probably have a ton of crap that you don’t use.

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**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [January 18, 2014, 6:55am UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/125 "2014-01-18T06:55:53Z")

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> [@LAFENGAS](#):
>
> “supplemental”…what’s that?

You are #alwaysonthegrind  
Seems like the slot drain will be one of your claims to fame & fortune. I dig the mellow yellow you just produced, keep the pics coming on FB. 🙂

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**Author:** ![08GT500](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/08gt500/32/5417_2.png) [@08GT500](https://forums.speedlife.net/u/08GT500)\
**Post date:** [January 18, 2014, 7:19am UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/126 "2014-01-18T07:19:59Z")

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Gay porn.

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**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [January 18, 2014, 7:34am UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/127 "2014-01-18T07:34:19Z")

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> [@08GT500](#):
>
> Gay porn.

You told me in PM you did snuff flicks. Which is it?

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**Author:** ![Bull49](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bull49/32/7381_2.png) [@Bull49](https://forums.speedlife.net/u/Bull49)\
**Post date:** [January 18, 2014, 9:39am UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/128 "2014-01-18T09:39:31Z")

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> [@TradersBASE](#):
>
> You told me in PM you did snuff flicks. Which is it?

They’re not necessarily mutually exclusive.

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**Author:** ![L8APEX1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/l8apex1/32/7276_2.png) [@L8APEX1](https://forums.speedlife.net/u/L8APEX1)\
**Post date:** [January 18, 2014, 9:44am UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/129 "2014-01-18T09:44:16Z")

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Gay porn snuff films.

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**Author:** ![ProgRocker](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/progrocker/32/5434_2.png) [@ProgRocker](https://forums.speedlife.net/u/ProgRocker)\
**Post date:** [January 18, 2014, 11:46am UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/130 "2014-01-18T11:46:20Z")

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Please PM me your gay porn snuff films…my grandma’s birthday is coming up

Sent from my MotoX using Tapatalk

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**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [January 18, 2014, 9:20pm UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/131 "2014-01-18T21:20:18Z")

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> [@ProgRocker](#):
>
> Please PM me your gay porn snuff films…my grandma’s birthday is coming up
> 
> Sent from my MotoX using Tapatalk

LMAO. So I finally got a chance to see The Wolf of Wall Street, who wants to sell penny stocks out of my garage with me?

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**Author:** ![slo\_ride](https://avatars.discourse-cdn.com/v4/letter/s/49beb7/32.png) [@slo\_ride](https://forums.speedlife.net/u/slo_ride)\
**Post date:** [January 18, 2014, 9:35pm UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/132 "2014-01-18T21:35:25Z")

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There was just a story about the penny stock NEST going up some ridiculous amount bc people thought it was the same nest as the thermostat…it will be awesome if it turns out it was some insider buying it up knowing people would make the mistake

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**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [January 18, 2014, 9:52pm UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/133 "2014-01-18T21:52:53Z")

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> [@slo ride](#):
>
> There was just a story about the penny stock NEST going up some ridiculous amount bc people thought it was the same nest as the thermostat…it will be awesome if it turns out it was some insider buying it up knowing people would make the mistake

There are probably a few of those arb trades per year, you’d have to get lucky and act quick. Plus if people don’t know what they’re doing they’ll lose their ass on the flop. Penny stocks are funny to me, the way people believe all the pump & dump BS.

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**Author:** ![slo\_ride](https://avatars.discourse-cdn.com/v4/letter/s/49beb7/32.png) [@slo\_ride](https://forums.speedlife.net/u/slo_ride)\
**Post date:** [January 18, 2014, 10:15pm UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/134 "2014-01-18T22:15:32Z")

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I’ve had more success with 4 card poker than penny stocks…it’s a lot easier to leave the table in the casino

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**Author:** ![Coldaccord](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/coldaccord/32/7272_2.png) [@Coldaccord](https://forums.speedlife.net/u/Coldaccord)\
**Post date:** [January 19, 2014, 10:21am UTC](https://forums.speedlife.net/t/what-so-you-guys-do-for-supplemental-income/229863/135 "2014-01-19T10:21:29Z")

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flip whips like bricks, make saves like steve mason

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