r/financialindependence • u/fidgit86 • 9d ago

What do you do that you earn six figures?

It seems like a lot of people make a lot of money and it seems like I’m missing out on something. So those of you that do, whats your occupation that pays so well?

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u/[deleted] 9d ago

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u/SlipperyPete360 9d ago

Damn. Of all the answers I’ve read so far this seems the most obtainable

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u/PainfulPeanutBlender 9d ago edited 9d ago

UPS drivers make 6 figures a year once they’re fully maxed out, which takes about 4 years. I was a seasonal driver for them last winter, top guy there made around $160k but this was the year of COVID so crazy OT and I guess he made like $30k alone filing grievances against supervisors lmao

It’s hard work but not at all a bad gig. They’re unionized, so once you make it you’re golden

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u/Tim226 9d ago

I did it for a year and quit. Covid has us working 60-70 hours a week. And that was right after peak season ended, where we were working 60-70 hours a week.

I'm sure its died down since then, but fuck that job. I got chased by over 20 dogs.

Oh and my fucking helper was making more money than me at one point.

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u/PainfulPeanutBlender 9d ago

I was fighting to stay, but there was a huge COVID breakout at my hub and I was one of the lucky ones to get it in early January right as peak was ending. As a thank you for my hard work they let me go but told me to apply next season lol. I strung along and went with it, then June when I was supposed to start I found out the manager that I love left, and the sup I fucking hated was now in charge...said fuck that and immediately found another full time, permanent job.

I know what you mean though. Entire month of December I maxed out at the 60 hours per week allowed by DOT. I had a business route so I didn’t have to deal with dogs, hard work but the money was great. If I actually stayed on permanently I think I would’ve toughed it out, for the union benefits and pension alone...I’d also love to be making 6 figures.

Also idk about your hub, but I’m not so sure it’s died down. I still get pings daily from Indeed letting me know my local UPS is looking for casual package drivers, it’s been ongoing for over two months now.

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u/[deleted] 9d ago

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u/[deleted] 9d ago

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u/Whats_A_Gym 9d ago

What would be needed to be considered for the job if you applied? Any special CDL type drivers license or anything?

Asking as a bored deskjob worker who’s always looking around for other options.

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u/Caledon_Hockley 9d ago

I’ll answer. You don’t need a CDL to drive the package cars. A regular license will do. That being said, almost no one starts as a driver. It starts as a part-time warehouse worker that sorts, loads, or unloads. Seniority is key to getting a driving job. Stick with the crappy warehouse job and you’ll be rewarded with a driving job that will kick your butt. Most drivers I work with are doing 60 hour weeks with sometimes working 6 days a week. After several years of doing that you’ll make top pay which is over $41/hr. Then you’ll be making over $100k with almost mandatory OT.

My job with Big Brown requires a CDL. I drive the big rigs to and from my home hub. I work 48 hours a week and make $120k/yr. I’m not allowed to touch any packages and sit in an air conditioned truck all night. I’m home during the day and weekends. I’ll do this until I retire at 57 with a full pension and a mature 401k and stock. Then I’ll go do whatever else I really want to do.

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u/PainfulPeanutBlender 9d ago

Feeders!!! That sounded like such a sweet gig, and what I wanted ultimately if I did make the permanent UPS jump. I’m still grateful for my time there, as the job I picked up now is also box driving but for a medical supply company, and I’m still interested in getting my CDL eventually.

I’m sure UPS paid for that for you, but do you have any advice or guidance for someone looking to get it that wouldn’t have a company sponsor it, is driving school for one a good investment?

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u/Caledon_Hockley 9d ago

My journey to trucking was not the traditional route most people take to drive the big rigs. The company paid for all of my training for three weeks with a one-on-one trainer. The company also paid for all the fees associated with getting my permit and license with the DMV.

The normal method would be to go and pay for a dedicated CDL training school that would take you and train you with a group of other trainees. They have tractors and trailers to train with. They usually guarantee you get your CDL or your money back.

Look for a reputable company to train with and then find a trucking company that will fit your life and not you fitting your life to them. Some truckers only want to do local so that they can be home instead of being gone for weeks and months at a time. Working for a company locally will net you the lower starting wages. Going national carrier will usually get you more money, but less personal time away from the truck. Owner/Operators make the most, but also incur the highest operating cost because they own their trucks and they maintain them. They also set their own schedules and pick what loads they want to haul.

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u/FuzzyElve 9d ago

How long did it take you to get to a feeder? I swear it took my driver 20+ years

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u/Caledon_Hockley 9d ago

I worked 3 years in the warehouse. I also had a full-time job at the same time. I then had enough seniority to get a driving position. I delivered for 14 years until I got enough seniority to get into feeders. I’ve now been in feeders full-time for almost 7 years. It was very hard work to get to this point. I really feel like I’ve made it.

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u/wimpdogswife 9d ago

You do not need a CDL, just a willingness to run your ass off for 60- 70 hours a week and not have a social life. Be warned injures of drivers are high; shoulders, hips, and knee surguries are all very common. Management is always on you even if you are good at your job.

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u/PainfulPeanutBlender 9d ago

Hold up, every hub is probably different but to that last part of management always being on your ass isn’t that where the union and grievances come in? I was the whipping boy as a casual, had to take their shit and it’s especially why I hated my sup so much, but the established guys wouldn’t take any of his shit and some of them did it in a hilarious way that always gave me joy to see lol

Hub I worked at, once you were in it was basically just a “yup, it’s taking this time because I’m doing my job as thoroughly as possible in a SAFE manner” and that was it. If the sup tried to be a dick and press it further, they got the steward involved and it got shut down real quick

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u/PainfulPeanutBlender 9d ago

You do not need a CDL license, just a regular driver’s license. Cant have any driving infractions for the last year, and a clean driving record beyond that.

They’ll take you on a pre-hire drive test where you drive one of the big brown trucks, it’s very easy. They just want to make sure you do things like follow the speed limit, actually stop and stop signs, display safe driving habits etc. if you pass that you’ll have to take a DOT physical which they pay for, then you’re off to their driving school/training. They’ll teach you the ways of UPS as well as how to be a VERY safe driver, look up the UPS “5s and 10s” if you want to get a taste, cause if you go forward you’ll have to know those word for word...it’s part of the final test. Final one being another road test with a supervisor that’s far more vigorous, you need to display all you’ve learned and show that you actually understand what they mean, and demonstrate you can handle driving a box truck safely.

Then you’re off to the races. You’ll have a supervisor the first three days to help train you and then you’re on your own. You’ll likely start as a seasonal or “casual package driver”, since it’s unionized guys in the warehouse that want to drive will get the shot over someone on the street. So there is a risk involved, you’ll be seasonal and there’s always the chance you’ll be cut loose at the end of the season. They do offer part time warehouse jobs for seasonals they like when no routes are available, which is great but it’s part time hours and a pay cut over the driver’s wage, so you’ll have to pick up a second job in the interim depending on your financial needs.

It’s very, very, VERY physical and hard work. Especially as a seasonal, you’ll be taking all the hard routes and tough stops the guys with seniority don’t want to take. Bust your ass, always say yes and show them you want the job...attitude is big, but it will be challenging as it’s highly stressful work. As others mentioned be ready to work 60-70 hours a week. A typical week is maxed out at 60 hours per DOT laws, however, in peak a season UPS can file some sort of emergency claim that allows them to work the drivers 70 hours a week. The good thing there is any hours you work from 60-70 are either double time or doubt time and a half, so hard work but fantastic money.

If you go that route good luck! Check the UPS website for your local hub, if you see Casual Driver listed that’s your shot in as a temp. Bust your ass and put in the work you’ve got a shot at permanent, just don’t do what I did and catch COVID when the season’s ending lmao

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u/plantdude232 9d ago

Oh man. Ups ruined my dad. He became a changed person. Lashed out a lot more, didnt get enough sleep, and the stress really took its toll. Growing up I only got to see him at nights (sometimes) and on weekends.

Hes retired now, but was massively overworked and is sadly a changed person because of it.

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u/hoodiepatto 9d ago

I was looking for this comment. I’m thinking about becoming a driver but I’m still young and don’t wanna pick a career yet. Some guys at my hub make a killing, we live in the Bay Area tho so it doesn’t go too far but I’m pretty sure there’s a few drivers who have been there for decades netting over 200k with OT

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u/PainfulPeanutBlender 9d ago

Just keep all your options open, you don’t need to commit to anything now especially while you’re young. You need to find what fits and works best for you, but please don’t burn any bridges if you decide to leave for another passion. Do the right thing and it will do back on to you!

I wish I looked into UPS when I was younger, but I didn’t know that until I explored what I had to and saw it now in my 30s.

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u/[deleted] 9d ago

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u/PainfulPeanutBlender 9d ago

Red flag...but sure you did. Nothing of hard work came from you being able to do that?

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u/[deleted] 9d ago

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u/PainfulPeanutBlender 9d ago

Awesome, so this all just came to you without any hard work before hand?

How do I get 3 boats for $20k without working my ass off to obtain it?

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u/[deleted] 9d ago

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u/PainfulPeanutBlender 9d ago

Well, personally I love that you’re giving off a false persona of success. To anyone that doesn’t live in their mothers basement, 6 figures is out there in an easier path than you might think.

You do actually have to put in hard work for it though, and not play pretend on the internet

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u/[deleted] 8d ago edited 8d ago

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u/WassonX81X 8d ago

I work for USPS too. A maxed out UPS delivery driver makes more per hour than a maxed out USPS delivery driver will make per hour. If you work a lot of OT you might be making more than a UPS driver that doesn't work OT and the people who left UPS. But I'm going to guess you've never trained someone who was maxed out at UPS. Most of the people you're training were probably helpers which would be why they weren't making much at UPS.

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u/PainfulPeanutBlender 8d ago

They definitely didn’t lie to me. Those figures come with OT and again, 2020 was CRAZY for all parcel services, I’m not doubting usps gets paid and taken care of very well too as it’s a federal job, but UPS workers also have it great as long as you put the work in.

FedEx is not unionized, and most FedEx drivers I’ve spoken with aren’t nearly as happy with their gig, pay or benefits as UPS drivers are. In fact I think most FedEx drivers are independent contractors

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u/fishman816 9d ago

And the most fun

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u/Friendly_Version8639 9d ago

The one that requires over 60K in cash and enough time to manage properties, permits, and tenants?

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u/useyourturnsignal 9d ago

No degree, connections, or experience required though. Loans are super cheap right now so getting your hands on starter money should be attainable for a person with a decent credit rating.

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u/taelor 9d ago

Agree with you, not to mention, you are going to be hard pressed to find a houseboat for 20k right now.

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u/dontbeatmedad123 9d ago

Really it requires 3 car payments and hiring an agency to do it for you.

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u/[deleted] 9d ago

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u/Coop718 9d ago

Yeah that's why they pay so much

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u/Christopho 9d ago

Air Traffic Controller is also another obtainable six-figure career by anyone with a couple years of job experience or any college degree. You can retire early at 50 with full benefits: pension (35-40% of your high 3), access to TSP (basically 401k), and you keep your medical insurance for the rest of your life. If you're younger than 25, even sooner.

You could go from knowing nothing to making well over 100k in 3 years. Heavy emphasis on "could," because there's a chance you don't get assigned the "En Route" option and COVID has delayed training quite a bit.

On an average day, you'll get 45 min - 1 hour breaks every 2 hours. Paid lunch break as well. Even on a rough day where they schedule you overtime (still won't be more than 10 hours on a single shift), once you leave the workplace, you don't have to even think about it anymore.

Most jobs that pay you this income likely expect you to answer your phone even when you're not working or there are deadlines to meet. Every day off won't have you thinking of that presentation or project you have to work on the next week.

The only downside most people agree with is the shift work is terrible and the initial training period will be stressful. Your circadian rhythm will be fucked. Training will repeatedly make you question if you made the right choice (instructors are one reason, but mainly because you're beating yourself up for not getting it). However, the list of jobs where you can get to six figures in a couple years with this being the only downside is rather small.

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u/Foolishlama 9d ago

Two points: It's wild that anybody in the US regardless of credit or a real career plan could easily take out 60k in student loans for a degree that will earn them 50k/year, but try walking into a bank and asking for 60k to buy a bunch of houseboats.

Also, a lot of the resort lakes in the west at least are drying up or being drained, so it might not really be a good long term plan.

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u/No-Entertainer3070 9d ago

Yea, being a landlord is a classic job. Classic.

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u/Nova_Physika 9d ago

Why are you upset?

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u/No-Entertainer3070 9d ago

Because buying property and Airbnbing isn’t a job. It is being a vampire.

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u/PursuitOfMemieness 9d ago

How else do you propose people go on holiday? Should you buy a house every time you want to go away somewhere? I can understand having grievances with landlords who rent properties to full time tenants, but I really don't think renting out house boats a week at the time can be classified as exploitation lmao.

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u/Ok-Requirement6041 9d ago

Yeah exploiting people who have enough cash for luxury vacations is fine. Middle class teacher staying in an Airbnb right now. I paid money and got to stay in this nice place. I don't feel vampirized.

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u/BIG_RED888 9d ago

Then you have no idea what it's like to live in a heavily touristed area. It's destroying the housing market. I live in a small town outside Portland OR on the coast and it is ridiculous what short term rentals and vacation homes have done to this area.

Downvote me to hell, but people who make a living off of renting out houses as a form of income ARE the worst people. Most of them live elsewhere and take money that should be going to the local community, but instead goes to whatever city they live in. I get that hotels suck to stay in and are expensive, but they help the local economy sooooooo much more than Airbnb's.

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u/No-Entertainer3070 9d ago

Um, yes, before Airbnb we all bought houses when we wanted to go on holiday. What?

Also, my statement said this is not a job. It is collecting rent, whether from long term or short term tenants.

But again, it is not a job and that was what this thread WAS about.

This person is not a worker, at least when it comes their Airbnb. They just move rent seeking capital around.

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u/Ben-A-Flick 9d ago

Ah yes because once you buy something it magically stays fixed and requires no operating costs or repairs/upgrades of any kind ever! I don't understand all the hate towards small time landlords on reddit. Really strange to me. Someone saved their money and invested it and you're mad because..........jealousy is a terrible thing.

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u/No-Entertainer3070 9d ago

Lol, “someone saved their money and invested.” You say that that is like some normal thing people can do and not an extreme luxury for relatively preciois few. Yea there are operating costs. See you take the rent people just pay you and then you hire another actual worker to do some maintenance and then reap the profits of said maintenance labor compounded over time. You don’t get the hate because it seems you don’t understand the fundamental economic state of a place like Florida let’s say and/or you are landlord yourself.

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u/Ben-A-Flick 9d ago

So what I'm hearing here is that you are in a situation where you can't do this, that doesn't mean other people don't work jobs where they can't. Owning some rental boats at 20k a piece is a great achievement but I think there are options out there for people like yourself who clearly can't afford to do that right now. A friend of mine was in a similar situation and he went and did a full program to become a radiology tech and now makes 75k a year. He's able to save and support his family on that.

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u/Elagabalus_The_Hoor 9d ago

You turned 18 ready to purchase and maintain a home? That's awesome! Many of us had to or chose to rent for some years because it didn't make sense yet to buy. I'm happy you've done so well, though.

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u/No-Entertainer3070 9d ago

I am so confused. What does this have to do with this thread?

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u/Elagabalus_The_Hoor 9d ago

I just assume you have always wanted to own a home? Otherwise raging against people who take the financial risks and responsiblity of owning rental properties would make no sense. But for many people, renting is the preferable option, thus creating a demand for landlords.

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u/Nova_Physika 9d ago

I don't know if it's a job but it's a source of income

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u/No-Entertainer3070 9d ago

Yes one is able to collect large sums of money by renting out capital.

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u/CheckeredFloors 9d ago

How does it work with insurances, liabilities and stuff? Is it just docked somewhere or do they get the keys? Are you liable if someone falls off and drowns?

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u/Yotsubato 9d ago

It doesn’t. People just wing it for stuff like this, and hope nothing goes wrong

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u/BrckT0p 8d ago

There are businesses all over the US that will hand over boat keys to people with no experience. My friends and I rented a boat for my bachelor party when none of us owned a boat ourselves and we were all from out of town. They handed over the keys after we signed a liability waiver. This was in a tourist city and the company rented out 10+ boats a day. We all thought it was crazy that they would do that. We spent most of the day cruising around fishing and then a couple of hours at the end of the day wake boarding after we felt more comfortable with the boat. I'd feel 100 x more comfortable renting out a house boat than a wakeboat.

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u/Trick_Ad4737 9d ago

Where? Seriously interested

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u/[deleted] 9d ago

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u/Trick_Ad4737 9d ago

Are you worried about climate change? Did you have experience with boat houses prior?

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u/I_no_know 9d ago

Rising sea levels means you can fit more boat houses.

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u/939_to_am4 9d ago

It's boat houses all the way down! Uh...

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u/LordPoopyIV 9d ago

This really made me think. (pointlessly perhaps) Did you just mean the total surface area of the water increases? Cause my intuition said the opposite. If a landmass is roughly conical then the more the sea level rises, the less coastline there will be, so less space for boathouses if you assume they are all at land/water borders. But if a landmass above sea level is rough like a fingerprint then as soon as it floods there will suddenly be huge amounts of coast. Or maybe you just mean if more houses get flooded people will just have to make their houses float?

just wondering what your thought process was :p

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u/dancho-garces 9d ago

Coastline and land size are not necessarily related. For example, Norway is not a very big country but has the second longest coastline. Greece and the UK are small compared to China, but have about the same length of coastline, and like these there are many more examples. Of course, this doesn’t mean that if the sea level rose, there would be more coastline. You would have to recalculate based on the geography of each country.

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u/nice_alt_bruh 9d ago

Measuring coastline length is a bit of a farce anyways due to the fractal nature of the coast. The important thing is that a consistent measuring technique is adopted.

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u/bluepaintbrush 9d ago

Which is even better bc you don’t have to worry about flood insurance increases if the house is already on the water!

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u/DLTMIAR 9d ago

You know boats float right?

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u/Trick_Ad4737 9d ago

Climate change causes extreme weather so a hurricane could wipe out his income in a day. I think it’s a valid concern

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u/[deleted] 9d ago

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u/Best-Dragonfruit-292 9d ago

They must be using military timing: 12 years to 12 years to 12 years

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u/xcesiv_77 9d ago

it's never been static, friend.

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u/Djl1010 9d ago

Think Sarasota could do even half that? I'm totally ready to buy some boats.

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u/[deleted] 9d ago

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u/Djl1010 9d ago edited 9d ago

At least as far as the coasts and beaches go, venice and st. Pete get more visitors annually than miami does. No idea about st. Armans and Siesta key in Sarasota though.

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u/[deleted] 9d ago

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u/Djl1010 9d ago

maybe clearwater would be the move then.

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u/hoosiermama6 9d ago

Serious question, are these in a marina? Are you clearing that or is that gross income? I live in SWFL and am intrigued!

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u/[deleted] 9d ago edited 4d ago

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u/hoosiermama6 9d ago

I went down a serious rabbit hole and did a lot of math. My husband is retired and also a marine mechanic and we live on the water. I thought it could work as side income. I found a live aboard boat in Key Largo for $5000, ran all the numbers and even threw in a couple of jet skis to go with the boat. With the cost of hiring cleaners, hiring pump outa, maintenance, insurance, etc… the outgoing would eat a lot of that incoming.

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u/[deleted] 9d ago edited 4d ago

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u/[deleted] 9d ago

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u/trevticks 9d ago

I'm interested in your houseboat/Airbnb biz. Would you be willing to share financials? I'd be happy to sign a NDA and a non compete agreement.

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u/[deleted] 9d ago

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u/trevticks 9d ago

Sweet! Thank you. How do you handle liability? Do you use a specific insurance? LLC?

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u/RahBreddits 9d ago

I did a little research and found similar profiles on Airbnb. Maybe someone can run the numbers. The Resort these are on is Old Wooden Bridge Resort and Marina.

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u/SalmonMerchant 9d ago

Ok, but what's your profit?

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u/Authentic_Lemon 9d ago

How much is maintenance on those?

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u/[deleted] 9d ago

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u/Authentic_Lemon 8d ago

Not a gotcha question, I was honestly contemplating this and living in one in Arizona, but always felt the maintenance was not worth the profit

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u/newtrusghandi 9d ago

Can I be your funding while you amass a house boat empire.

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u/Sintuca 9d ago

You can be mine.

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u/RedAero 9d ago

I think a house boat empire is technically a navy. Or an armada.

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u/Cantstopdontstopme 9d ago

Legit question, but how do you "reset," clean, or get the boat ready for your next guests?

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u/[deleted] 9d ago

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u/Cantstopdontstopme 9d ago

So you do this yourself, then? Or do you hire someone?

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u/[deleted] 8d ago

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u/Cantstopdontstopme 8d ago

I'm proud of you 👏

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u/foreverfarrah 9d ago

I’m curious about this too.

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u/Whysyournamesolong1 9d ago

Havasu?

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u/xxxzxxx1 9d ago

Lol that town is terrifying

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u/UnexpectedDadFIRE 9d ago

KEYS?

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u/[deleted] 9d ago

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u/UnexpectedDadFIRE 8d ago

Weve thought about this. I’ve bought /fixed up and then sold a lot of boats in the past 4 years. I live in central coastal FL and head down to Marathon 3 times a year. Any chance I can send you a DM for some info?

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u/throway4dayz 9d ago

Always wondered whats the deal with that with guests and driving the boats? Do you have a driver? Or is it just moored the whole time.

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u/[deleted] 9d ago

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u/Bengland7786 8d ago

Thanks for answering everyones questions!

How is it having your tenants operate and dock the dingy? Isn't it a pain if you have to drive the tenants back and forth?

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u/Natorior 9d ago

Do you still pay property tax or other things like that considering the housing is in the water.

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u/curious___onlooker 9d ago

where? did you relocate?

tnis seems like a good plan

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u/[deleted] 9d ago edited 4d ago

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u/jasonbf78 9d ago

This is my retirement plan! Airbnb’s!! Heard nothing but great things… a couple of horror stories, but nothing I couldn’t handle

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u/Chamoore13 9d ago

That's not a job

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u/StrongAsMeat 9d ago

That's the best way to earn $$$!

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u/Narwahl_Whisperer 9d ago

Seriously. I haven't "had a job" in a decade. I'm doing just fine. Not six figures fine, but I've bought my last two vehicles with cash.

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u/Chamoore13 9d ago

Parasite

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u/Narwahl_Whisperer 9d ago

I think you misunderstand. I work. I pay taxes. I just don't work for someone else. There's a difference between having a job and owning your own company. Just because I don't punch a clock doesn't mean I'm a welfare queen. Please stop jumping to conclusions.

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u/Mr_Goodnite 8d ago

I’m curious, what do you do?

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u/Narwahl_Whisperer 8d ago edited 8d ago

online retail - amazon, ebay etc. Between them, I have grossed very low six figures over the last 5-ish years. About 30k of that is profit, and I pay myself about half of that, reinvesting the rest and keeping a few grand to cover expenses that come up.

I started with auctions, yard sales, second hand stores. I still have some used items up for sale, but these days I concentrate on new products.

I had bought the contents of a game/record/video store, and while it was wildly profitable, and it got me through the pandemic, I'm completely burnt out on selling used stuff.

These days I import things from india/china. I have a trademarked brand name that I sell stuff under. Sometimes the products have my own packaging design and logo on the product, sometimes they are generic and I leave them that way. I've even created my own product that started out as a 3D print.

Just your average everyday parasite stuff.

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u/Mr_Goodnite 8d ago

Sounds like a lot of work for a parasite. Keep it up man

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u/dachshundforscale 9d ago

Someone’s jealous they’re a corporate slave

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u/Chamoore13 9d ago

Earn!!!???

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u/[deleted] 9d ago edited 4d ago

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u/leilavanora 9d ago

Running one airbnb let alone three is a lot of work.

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u/[deleted] 9d ago edited 4d ago

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u/leilavanora 9d ago

Is managing your staff a job?

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u/OujiSamaOG 9d ago

You're both being downvoted because it's a technicality. Who cares if it's a job or not, income is income.

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u/Tjrulesz 8d ago

The question is not "What's your job that earns 6 figures?". It says it right there. "What do you do that makes 6 figures?"

I think renting out houseboats fits that question very well.

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u/Ottorange 9d ago

What area? I own a few rentals and work in CRE. Had this idea to convert spud barges once but finding a permanent docking spot was tough.

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u/WhatIsWyoming 9d ago

Out of curiosity, what kind of resort area is it? I’m considering the viability of this but the area seems really important for this to work.

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u/DayDrinker88 9d ago edited 9d ago

Revenue or Cash Available for Distributions? Even pulling that kind of revenue with a 60k investment is impressive IMHO, but I can’t decide if I admire you or want to date you.

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u/[deleted] 9d ago

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u/DayDrinker88 9d ago

Shucks. It’s fine. My wife would probably take issue with it too.

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u/koli12801 9d ago

Way to go dude, that portfolio income is what it’s all about.

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u/MoarGPM 9d ago

You happen to be in TN?

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u/Downtownparts 9d ago

This seems like a great idea but I’m wondering how much time you have to devote to it? Is it feasible to do on the side? Where at?

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u/KeepOnKeepingOn12345 9d ago

Damn. Copy + paste

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u/lizardshapeshifter 9d ago

Do you self manage?

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u/[deleted] 9d ago

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u/lizardshapeshifter 9d ago

Which resort, I’d like to book one!

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u/PhillConners 9d ago

What’s maintenance like on those house boats? I would assume you require some unique tooling.

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u/Meandmybuddyduncan 9d ago

This is my dream. What were the biggest issues when you first started? Any less obvious problems you ran into?

I’m about 6 months from buying my first cabin and I’ve been eyeing “floating cabins” and houseboats as well

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u/itsloudinmyhead 9d ago

Who cleans it?

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u/[deleted] 9d ago

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u/itsloudinmyhead 9d ago

Any crazy stories? My friend does rental arbitrage and is doing pretty well. Most months so far has been $20k minimum with July at 90k for all her properties. But boy, I feel like there’s always drama and I hate ppl.

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u/[deleted] 9d ago

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u/Millon1000 9d ago

..So did someone drown?

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u/Admirable_Address601 9d ago

is the 120-180 net profit though? there are alot of expenses with that

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u/flyiingpenguiin 9d ago

What kind of house boat only costs $20k?

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u/FBI-INTERROGATION 9d ago

Heres a real question, who the fuck sold you a houseboat for $20k

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u/[deleted] 9d ago

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u/FBI-INTERROGATION 8d ago

In what condition? Sinking?

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u/[deleted] 8d ago

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u/FBI-INTERROGATION 8d ago

Wow thats a great steal. Congrats on your great airbnb profits

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u/Occams_Razor42 9d ago

So... how much of your life is drinking cocktails on the beach. And how much is cleaning up puke n' beer bottles, and seeing way too many naked frat bros?

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u/ExtremeAthlete 9d ago

This one wins with hours worked to income ratio. Pure passive income

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u/Southern_Stranger 9d ago

Good for you, that's fucking awesome. I love hearing about people doing stuff they like or want and it working out well

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u/snaggletooth2021 8d ago

What kind of overhead and cost of operations do you have?

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u/[deleted] 8d ago

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u/snaggletooth2021 8d ago

Sounds like perfect gig. Enjoy. Go to work in shorts and flip flops. I just zoned out. Lol

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u/Tjgoodwiniv 8d ago

This is super clever. I like it!

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u/MasterChest2544 8d ago

How much do you pay for your spot at a marina and the gas and insurance and all the rest? Do you do solar panels for power? I love the idea of it

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u/Rattlingplates 8d ago

Some solar some wind, mostly diesel generator. I have two boats anchored and one in the marina. Marina fee is 3k per month. I change them around depending on which one I need to work on at the time, if a generator goes out or plumbing etc all is easily fixed at the marina and also the dock has power and water hook ups so it’s somethings failed I can leave the injured boat there and work on it between guests to get it up and ready for the next issue.

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u/artgarfunkadelic 9d ago

So, in one year you've doubled your investment. That's amazing. Even if you just had one house boat, that's enough to survive.

That's my dream. Make enough money by my own on the side that I can travel, accept shitty part-time work wherever I go, and be able to quit whenever I feel like I've had enough.

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u/ClitLemonz 9d ago

favorite answer.

HUSTLE

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u/WaterMac27 9d ago

I'm sending you a chat. Had a question

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