The Worst Financial Advice

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  • Опубликовано: 31 янв 2025

Комментарии • 144

  • @NotMac
    @NotMac 11 месяцев назад +354

    That landlord outed himself in the wrong chat lmao

    • @akai8774
      @akai8774 11 месяцев назад +44

      chat being immature

    • @kphaxx
      @kphaxx 11 месяцев назад +27

      @@akai8774 Chat literally just learned how to use a phone in phone class at elementary school. Us boomers use RUclips

    • @valgeirborgarsson2979
      @valgeirborgarsson2979 11 месяцев назад +36

      Guy wasnt even a landlord, just a rental manager

    • @cahan557
      @cahan557 11 месяцев назад +40

      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.

    • @NotMac
      @NotMac 11 месяцев назад

      Yea was just making a funny observation

  • @danielshuck7586
    @danielshuck7586 11 месяцев назад +125

    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.

    • @Kanis5000
      @Kanis5000 Месяц назад

      yes, im sure the occasional expense really sucks compared to the constantly building equity and monthly overpriced cash flow...

    • @hellfire0332
      @hellfire0332 12 дней назад

      @@Kanis5000 The "occasional" expense could be the AC/Heater needing to be replaced, costing you an entire year's worth of profit to fix. And if you have a mortgage, your profit margin is going to be very small to begin with.

  • @RobVI
    @RobVI 11 месяцев назад +61

    My parents' mortgage is only $500/month. There's no way we're selling.

  • @wan3416
    @wan3416 4 месяца назад +3

    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.

  • @Redals
    @Redals 11 месяцев назад +17

    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.

  • @L2H2L2
    @L2H2L2 11 месяцев назад +68

    3000 views in only 30 seconds? Very impressive, Big A.
    I sure hope no liar tries to slander him in the next 30 seconds.

  • @supernicral
    @supernicral 11 месяцев назад +46

    "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...

  • @cadenpickle8379
    @cadenpickle8379 11 месяцев назад +45

    Someone should make AirB&Bust a thing... asking for a friend

    • @The-Caged-King
      @The-Caged-King 11 месяцев назад +24

      Sounds like a subreddit about having sex in an Airbnb

    • @ek6352
      @ek6352 11 месяцев назад +10

      ​@@The-Caged-KingI won't even be surprised if that already exists

  • @gc5158
    @gc5158 11 месяцев назад +15

    We got paint! He listened!

  • @rollsreus2807
    @rollsreus2807 11 месяцев назад +41

    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.

    • @aoe4_kachow
      @aoe4_kachow 11 месяцев назад

      “gets paid 0.25 USD per hour” it’s not about the currency

    • @rollsreus2807
      @rollsreus2807 11 месяцев назад +10

      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

    • @jakefromstatefarm6969
      @jakefromstatefarm6969 11 месяцев назад

      ​@@rollsreus2807yes but have you checked the cost of living?

    • @K..C
      @K..C 11 месяцев назад +7

      @@jakefromstatefarm6969 no shot you think the cost of living in Guatemala is more expensive than basically any city in the US

    • @warbearin
      @warbearin 11 месяцев назад +4

      I think he means cost of living is cheap = wages are lower@@K..C

  • @jamesdrummond7684
    @jamesdrummond7684 11 месяцев назад +3

    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.

  • @josephsmith1891
    @josephsmith1891 6 месяцев назад +1

    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

  • @repghost9481
    @repghost9481 11 месяцев назад +47

    4:17 “non biased source “💀

  • @dylanschang6386
    @dylanschang6386 10 месяцев назад +2

    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

    • @jordangramer2145
      @jordangramer2145 15 дней назад

      Would love to follow up on this now 10 months old post about the life of a professional sports bettor & how negative or positive the outcome has been

    • @dylanschang6386
      @dylanschang6386 13 дней назад

      @@jordangramer2145 +15k, haven't spent much time with it. The math is solid, just requires a lot of time and my main job is busy. Check out Unabated if you want to learn more about advantage sports betting

  • @hjewkes
    @hjewkes 11 месяцев назад +12

    Those tiktok bros just trying to unload their shit rental properties 😂😂

  • @ManOfParody
    @ManOfParody 11 месяцев назад +13

    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.

    • @hugh1997
      @hugh1997 6 месяцев назад

      Watch him not close a single one of the loopholes exploited by Trump and the other rich.

    • @youngmystery8417
      @youngmystery8417 День назад

      He is not committing a crime. We all abuse a system in one way shape or another If it benefits us. I can’t think of any real estate investor that does not agree with Trump. They all do it.

  • @412781965qq
    @412781965qq 11 месяцев назад +2

    dude just described Regan lol

  • @Tomzin20
    @Tomzin20 11 месяцев назад +2

    glad he admited to absolutely RIPPING pirate software. cant believe the cow would do this.

  • @drewxpd
    @drewxpd 11 месяцев назад +11

    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

    • @indt1648
      @indt1648 11 месяцев назад +12

      custom thing made by ottomated i believe, i’m unsure if it’s publicly available

    • @poliglet
      @poliglet 11 месяцев назад

      Streamelements overlays is a good way to get twitch chat live on your stream

    • @drewxpd
      @drewxpd 11 месяцев назад

      @@indt1648 ohh okay, ill have to look into it and if i find anything ill let you guys know

  • @Emma-zc5jm
    @Emma-zc5jm 8 месяцев назад +2

    Nothing makes me happier than hearing that landlords are freaking out and losing money 😊

  • @bloodwolf2609
    @bloodwolf2609 11 месяцев назад +5

    1:13 both my parents literally say this almost word for word and im just tryna spam money into my ETF account

  • @119Agent
    @119Agent 5 месяцев назад

    Glad I paid down the mortgage on my investment property. Glad I resisted the urge to over-leverage myself to get another one.

  • @AndreioxMacedo
    @AndreioxMacedo 11 месяцев назад +1

    I love this channel and his content. God damn!

  • @YusieCoop
    @YusieCoop 11 месяцев назад +4

    1757 views in 14 minutes? We so back!!!

  • @flamekid56able
    @flamekid56able 11 месяцев назад +1

    dazzlepuff msg just stayed in the bottom right screen pls fix :0

  • @Christianflowarts
    @Christianflowarts Месяц назад

    He had the trump case completely backward. They said he overstated the value of mar-a-lago to get better loan terms against it. They claimed it was worth $15 mil, he claimed $100 mil. The 2 bedroom 1.5 bath shack 1 mile up the road sold in 2022 for $11 million. This is the most expensive area, oceanfront giant property. You can’t tell me it’s barely more than that shack.

  • @Zack_Taylor
    @Zack_Taylor 11 месяцев назад +2

    Big A I bought my first condo near Vancouver at the absolute peak of the market with a variable rate. How fucked am I?

    • @dadzwag
      @dadzwag 10 месяцев назад

      file chapter 7

    • @Zack_Taylor
      @Zack_Taylor 10 месяцев назад

      @@dadzwag Chapter 7 is an American thing. I'm pretty sure I'm just supposed to yell "I declare bankruptcy" like Michael Scott

  • @gentronseven
    @gentronseven 27 дней назад

    All rental property is leveraged better stay away from it in most places, there have been a ton for sale the last year

  • @MitchBurns
    @MitchBurns 11 месяцев назад

    Where did you get that art program? Thats some top notch stuff.

    • @pasta-and-heroin
      @pasta-and-heroin 11 месяцев назад

      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 (:

  • @PiiJ_
    @PiiJ_ 11 месяцев назад +1

    Still no prediction video...

    • @luckylanno
      @luckylanno 11 месяцев назад

      lil bro can't even predict the future 😂

  • @polyshrub
    @polyshrub 11 месяцев назад

    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)

  • @warbearin
    @warbearin 11 месяцев назад +5

    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.

  • @bigdrippa76110
    @bigdrippa76110 11 месяцев назад +1

    how is lansky from froyotech in atriocs chat????

  • @zachcarden2029
    @zachcarden2029 11 месяцев назад +7

    glizzy hands

  • @Sarchein
    @Sarchein 11 месяцев назад +3

    just remember guys most europoors have VARIABLE INTEREST RATES ON THEIR MORTGAGES HAHAHAHAHAH

  • @23DBryan
    @23DBryan 11 месяцев назад

    Industrial engineering is basically business administration lol

  • @slimsautomotiverepair8714
    @slimsautomotiverepair8714 4 месяца назад

    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

  • @dakotaaesoph
    @dakotaaesoph 11 месяцев назад +6

    Most companies won't hire you for a US remote job unless they pay you absolute pennies.

  • @eduardo_moya
    @eduardo_moya 11 месяцев назад

    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)

    • @Bardigrade
      @Bardigrade 11 месяцев назад

      Did he use a black canvas before tho or did he use a white canvas?

  • @peelplayer2809
    @peelplayer2809 2 месяца назад

    My mom is talking about this

  • @thecwwshow8036
    @thecwwshow8036 11 месяцев назад

    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.

  • @jaylaarmani3697
    @jaylaarmani3697 5 месяцев назад

    But most people do not have credit or liquid cash to even buy a house so renting is here to stay

  • @Michelle-s2z6l
    @Michelle-s2z6l 5 дней назад

    The people with paid off houses are keeping their houses. Retires cant afford rent or smaller houses.

  • @LRth3KING
    @LRth3KING 11 месяцев назад

    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+

  • @bigdrippa76110
    @bigdrippa76110 11 месяцев назад +1

    is that Dave "Lansky" "Mansky" Polansky????? THE OLD POCKET IN FROYOTECH FROM TF2??? he's old now

  • @rethozion
    @rethozion 11 месяцев назад +4

    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 $$

    • @pasta-and-heroin
      @pasta-and-heroin 11 месяцев назад

      yeah being a landlord is super duper hard, need to put some respec on their name 🫡😢

  • @akai8774
    @akai8774 11 месяцев назад +9

    that landlord in chat more successful than 99.9% of chat

  • @bigdrippa76110
    @bigdrippa76110 11 месяцев назад +3

    LANSKYS BROTHER TRYING TO STICKY JUMP WITH 8 STICKIES

  • @JohnSmith-op7ls
    @JohnSmith-op7ls 3 месяца назад

    Lied about square footage and property values? That’s literally every real estate agent and landlord in NYC. It was politically motivated, period.

  • @TheGamingAbyss
    @TheGamingAbyss 9 месяцев назад

    If you are poor and do not own assets. You unironically deserve to lose your agency.

  • @alexaber9786
    @alexaber9786 10 месяцев назад +1

    it is not hard to fill properties. it is hard to fill properties with high quality tenants.

  • @Nathan-my7zs
    @Nathan-my7zs 11 месяцев назад +5

    “Unbiased source” 😂

    • @kphaxx
      @kphaxx 11 месяцев назад +2

      😂😂😂 Trump lmao

  • @bigdrippa76110
    @bigdrippa76110 11 месяцев назад +1

    lansky from tf22222 omg omg omg

  • @josephfarid-y5r
    @josephfarid-y5r 11 месяцев назад

    Most areas in the northeast have been constantly increasing rent and home prices

  • @olliert4840
    @olliert4840 11 месяцев назад +34

    I think I legitimately lost braincells at Atrioc estimating 2% of 100k, the worst part was his estimates weren't even that bad

    • @nickA2205
      @nickA2205 11 месяцев назад +9

      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…

    • @cccfudge
      @cccfudge 11 месяцев назад

      @@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.

    • @landonmatthew
      @landonmatthew 5 месяцев назад +2

      yea, i think you misunderstood the math he was doing.

    • @sungod9797
      @sungod9797 4 месяца назад +2

      Pretty sure amortization means you’re not actually paying a flat 2%…

  • @-Sai
    @-Sai 11 месяцев назад +52

    lil bro struggling to do 2nd grade math with the 2% of a 100k

    • @xcelpast
      @xcelpast 11 месяцев назад +22

      he didn't want to factor in loan length

    • @AdxmRL
      @AdxmRL 11 месяцев назад +2

      Let’s see the math I don’t wanna do it either

    • @luckylanno
      @luckylanno 11 месяцев назад +8

      I hope you don't think you only pay 2k on a 20 year mortgage 😅

    • @sungod9797
      @sungod9797 4 месяца назад +4

      You don’t understand how amortized loan payments work lmao

    • @STEVE-ki9th
      @STEVE-ki9th 3 месяца назад +1

      That's not how it works 😂

  • @general5196
    @general5196 11 месяцев назад

    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?

    • @AtriocClips
      @AtriocClips  11 месяцев назад +8

      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.”

  • @Xethl
    @Xethl 11 месяцев назад

    How does Atrioc get percents of 100 so wrong lmao

  • @The_slightly_indecent_one
    @The_slightly_indecent_one 3 месяца назад

    Atriocs chat is just a bunch of people asking for advice but are too lazy to even do 3 minutes of research.

  • @Alec-yo2xw
    @Alec-yo2xw 11 месяцев назад +1

    2 coffees in 3 minutes? Coffee cow fell off😂😂

  • @simplychaff1875
    @simplychaff1875 11 месяцев назад +1

    1 fall off in 3 views. Dude really 7 minutes SMH.

  • @spanishmossyt9505
    @spanishmossyt9505 11 месяцев назад

    boo

  • @Champion_Leon
    @Champion_Leon 11 месяцев назад

    I miss the Oldtrioc 😢

    • @piet0
      @piet0 11 месяцев назад +1

      I yearn for the newertrioc

  • @aredoplloci8459
    @aredoplloci8459 11 месяцев назад +4

    You should read up a bit more on that Trump case lil bro

    • @DixonYamouf
      @DixonYamouf 11 месяцев назад +1

      Legal eagle cooked on that

    • @dylanschenkelberg7399
      @dylanschenkelberg7399 11 месяцев назад +3

      Ehhh he’s no Hassan. God I hope he can thread the needle well enough with this election

  • @zerolelouch22
    @zerolelouch22 11 месяцев назад

    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

    • @AtriocClips
      @AtriocClips  11 месяцев назад +2

      www.cnn.com/2024/01/19/economy/us-home-sales-2023/index.html

    • @AtriocClips
      @AtriocClips  11 месяцев назад +1

      www.wsj.com/economy/housing/home-sales-likely-fell-to-15-year-low-in-2023-3da220e1

    • @AtriocClips
      @AtriocClips  11 месяцев назад +1

      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

    • @zerolelouch22
      @zerolelouch22 11 месяцев назад

      @@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.

    • @zerolelouch22
      @zerolelouch22 11 месяцев назад

      @@AtriocClips this requires a subscription to view

  • @kfcblaziken495
    @kfcblaziken495 11 месяцев назад

    :)

  • @evan448
    @evan448 Месяц назад

    The Trump case has nothing to do with taxes but with bank loans he over stated the value according to the courts on the property to get a bigger loan
    The bank didn't complain though so the crime is not existent

  • @thecurbdog123
    @thecurbdog123 26 дней назад

    The trump case is 100% politically motivated.

  • @solusflare
    @solusflare 11 месяцев назад

    being a land lord is worse than death. capitalism commodifying basic human needs is immoral

  • @collosalcamel1161
    @collosalcamel1161 11 месяцев назад

    FIRST!!!!!!

  • @Guccigabe720
    @Guccigabe720 11 месяцев назад +1

    1 view in 1 minute? Bro felled off 💀