Why Is Blood All Over My Coke $$$?
Published: 2025-12-06
Status:
Available
|
Analyzed
Published: 2025-12-06
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 2
Prediction
Topic
Status
Expanded polystyrene (foilbacked EPS) is being used to address airflow issues and freezing under the foundation of a house.
"So, they've had to go through and they're putting expanded polystyrene, well, it's foilbacked EPS around the foundation of the property because the airflow is so bad during the winter and it freezes the underside of the house."
Correct
Previous buyers estimated $50,000 to fix a bathroom.
"Didn't we have some buyers that said that it would take like $50,000 to fix this bathroom?"
Incorrect
Initial renovation of a kitchen and bathroom cost $20,000, but a subsequent remodel was required due to improper work.
"So on this specific unit I've spent I spent $20,000 during CO redoing the kitchen and part of the bathroom and we've come in again and redone it again because the first remodel was done inappropriately and wrong."
Correct
A property has incurred significant renovation costs (estimated $40,000-$50,000) due to poor previous contractor work.
"The last firm that was here did such a poor job on the rehab. We've now spent 40,000, 45, 50,000, I don't know. We've spent a crapload of money on this specific unit fixing other people's problems."
Pending
A 2021 truck, possibly a Ford F-250, is available for purchase.
"It was a 2021. So, I was like, I I don't need a 250 right now."
Correct
A 2022 truck with 200,000 miles is expected to be available in 3-4 months and will be priced at approximately $15,000 (20% below blue book).
"And he said, I've got a 22 coming up here in the next 3 to 4 months, but it has 200,000 mi on it. It's taking 20% off of the blue book appraisal for the vehicle. You're probably looking at like $15,000."
Incorrect
The roofing business has three large jobs scheduled before the end of the year.
"We think that we've got another three large jobs between now and the end of the year."
Pending
A candidate is seeking a salary in the range of $90,000 to $110,000 per year.
"I'm comfortable with uh you know 90 to 110 per year."
Pending
Installing two separate countertop sections instead of one full length would have saved $80, but the cost to replace a poorly installed section is $120 after a $40 tear-out cost.
"The difference between two sections and one full length is like 80 bucks. Like, you think I really care about spending $80 to not make this stupid? Cuz now we're going to have to tear the whole thing out, which cost me 40 bucks. Put a new one in, which cost me 120."
Pending
A previous renovation resulted in $20,000 worth of problems due to a poor contractor.
"Last one was $20,000 worth of problems because the contractor was terrible."
Pending
The goal is to get a property ready for a potential tenant and to a state that allows for refinancing.
"We've got a potential tenant to move down here and I need to get it up to the point, you know, full honest and transparency. I get up to the point that I can refinance it."
Pending
Proposed renovations include redoing drywall, installing a ceiling fan, replacing the countertop, and painting cabinet fronts.
"So, tear out, redo the drywall here. I'd like a ceiling fan in here, too. I want just the countertop redone. I'd like to save cabinets. Just paint the front of the cabinets. Yeah, cuz the the wood's in good shape."
Pending
The property needs to be renovated to a refinanceable condition before a new tenant moves in.
"We need to get it up to the point, you know, full honest and transparency. I get up to the point that I can refinance it."
Pending
Damage is suspected to be from a previous box gutter issue, similar to another property where box gutters were replaced with regular gutters and downspouts.
"I want you to check this out. I think this is damage from the old box gutter issue. It's it is because this is the same issue we had in the other property that and we eliminated the box gutter. Put a regular gutter and a regular down spout."
Pending
Regular gutters and downspouts will be installed, with a preference for repair over complete replacement if possible.
"So, we'll need to do regular gutter, regular down spout on there. I want this checked out to see can it just be fixed or do we need to tear it out and replace it? Preference to fixing it rather than a full tear out."
Correct
A sagging kitchen area and the back roof require inspection and repair, including drywall replacement.
"We need to figure out this whole kitchen is sagging to this spot right here. Yeah, it feels like it is. I don't know what to do there. I need that checked out. Obviously, this on the back part of the roof, that roof needs redone. So, tear out, redo the drywall here."
Pending
The plan is to redo the countertop, paint the cabinet fronts, add a backsplash, and remove FRP.
"I want just the countertop redone. I'd like to save cabinets. Just paint the front of the cabinets. Yeah, cuz the the wood's in good shape. Yeah, probably do a backsplash here. Remove the U FRP there."
Pending
Specific rooms will be carpeted, painted, and have ceiling fans installed.
"In this room, carpet, paint the walls. I want to put a ceiling fan in here. Ceiling fan in here, too."
Pending
Damage is suspected to be from a previous box gutter issue, similar to another property where box gutters were replaced with regular gutters and downspouts.
"I want you to check this out. I think this is damage from the old box gutter issue. It's it is because this is the same issue we had in the other property that and we eliminated the box gutter. Put a regular gutter and a regular down spout."
Correct
Regular gutters and downspouts will be installed, with a preference for repair over complete replacement if possible.
"So, we'll need to do regular gutter, regular down spout on there. I want this checked out to see can it just be fixed or do we need to tear it out and replace it? Preference to fixing it rather than a full tear out."
Correct
A sagging kitchen area and the back roof require inspection and repair, including drywall replacement.
"We need to figure out this whole kitchen is sagging to this spot right here. Yeah, it feels like it is. I don't know what to do there. I need that checked out. Obviously, this on the back part of the roof, that roof needs redone. So, tear out, redo the drywall here."
Pending
The plan is to redo the countertop, paint the cabinet fronts, add a backsplash, and remove FRP.
"I want just the countertop redone. I'd like to save cabinets. Just paint the front of the cabinets. Yeah, cuz the the wood's in good shape. Yeah, probably do a backsplash here. Remove the U FRP there."
Pending
Specific rooms will be carpeted, painted, and have ceiling fans installed.
"In this room, carpet, paint the walls. I want to put a ceiling fan in here. Ceiling fan in here, too."
Pending
A renovation included two separate countertop pieces, suggesting they may have been leftover materials, and the contractor allegedly charged for new countertops.
"This is a method deal right here. They asked if I wanted new countertops here. They put two separate pieces of countertop in here. I don't know in what world they had them left over from somewhere. Yeah, I'm sure it is. And I'm sure they charged me for all new countertop here in the bathroom."
Pending
The plan includes flooring, painting, new trim, keeping FRP, and a potential quote for replacing a bathtub with a shower.
"Flooring painting. Cleaning this up. Probably new trim. Keep the FRP. But I also want you to give me a second quote. I don't know that I'll do it on this tenant, but to replace the bathtub with a shower."
Pending
Tenants previously smoked in a rental property, which is against the rental policy.
"They used to smoke in here. Yeah. And they weren't supposed to. There was no smoking in all my rentals and whatever."
Unrated
Repairs include cleaning drywall, repainting stairs, fixing ceiling drywall, and addressing a roof leak, which was thought to be fixed but is still allowing daylight through.
"So, cleaning up all the drywall paint, repaint the stairs, make sure the banisters, right? That's original. I'd love to keep it. I think we have to recarpet the breezeway here, obviously. Fix the drywall on the ceiling. Make sure that the leak on the roof is done. I thought that the leak on the roof had been fixed. This was the leak at one point and I can't look. You see it right there? You see the daylight up there?"
Pending
Repairs needed in an area include fixing drywall, skimming a cracked wall, and replacing a door to the back attic.
"So, fix the drywall in here. I'm hoping that this just this corner can be redone. Skim the wall over there where the cracks are. I would like a new door over there. That's to the the back attic portion."
Pending
The speaker aims to be an open book and help others with financial knowledge, as they lacked guidance on money matters during their childhood.
"So, we're going to go straight into a vending machine collection after this. So, if you have questions or whatever, be more than happy to answer you. I try to be um an open book and help you guys cuz um it's a situation where like a lot of the stuff that I know now, no one was around me when I was a kid to talk about like money. Like everybody's poor."
Pending
Starting a business requires significant time and is not suitable for everyone; working for someone else can be a valid choice.
"Owning a business is not for everybody and that's okay. Definitely wisdom in working for somebody else cuz you know it takes a lot of time to get a business started up."
Correct
A simplified process for starting a vending machine business is taught, advising against investing $50,000 initially due to potential dislike of the business.
"How do you start a vending machine business? Well, process that I teach people is very simple. What I don't want you to do, and we've had people do this, is they will come in and spend $50,000 to start a vending machine business, and then they decide they don't like it."
Correct
The recommended approach to starting a vending machine business is to buy used machines from platforms like Facebook Marketplace, eBay, or OfferUp, citing an example of a Royal Generation 3 machine purchased for $600.
"I would rather just show you how to buy cheap vending machines like on Facebook Marketplace, eBay, Offer Up, those kinds of websites. buy a used machine, which is what this this Coke machine, this is a Royal Generation 3 vending machine, I bought for 600 bucks."
Correct
The speaker will provide a combined count of dollar bills and quarters from the Coke machine, representing one week's earnings.
"So, this is one week worth of um Coke money. I mean cocoa CocaCola money. So, we're going to do a combined count in between the dollar bills and the quarters. What did the Coke machine do?"
Pending
The cost per drink for the vending machine is $0.40-$0.45, with an additional $0.05 per can paid to an employee for pickup, drop-off, and machine stocking.
"The deal is my drinks cost me right around4 to 45 cents a piece. We buy them from Sam's Club. That's a transparent price. It's pretty easy to calculate it out. Then I pay my nephew Allan. He picks them up, drops them off, fills the machine. He does it for about 25 a week, maybe 30 a week. So 25 bucks every week. It comes down to about 5 cents per can is what I pay him."
Correct
Monthly electricity cost for the vending machine is around $10, and approximately 50% of the revenue is profit.
"The electric's like 10 bucks a month. Practically nothing. So yeah, do the guesses. Give me some likes and shares. About half of this money is profit."
Correct
The speaker has been running vending machines for approximately three months.
"So, this is my life running vending machines. Been doing this for maybe 3 months."
Pending
The vending machine generated $99 in revenue from Coke products in the past week, with approximately $49.50 in profit.
"So, we are at uh 284 in quarters. I'm trying to do the math in my head. That's pretty dangerous. $71 plus 28. So, 90 $99 in Coke products in the past week. Half that's profit."
Pending
Chocolate bars have a low profit margin, while crunchy snacks are more profitable in the vending machine.
"Uh I think we've run out of chocolate. The chocolate margin is crap. Crunchy snacks are pretty good."
Pending
Hot coffee and chocolate vending machines are prone to frequent breakdowns, according to other operators.
"Hot coffee, chocolate vending machines. I know they do, but the problem is the guys that I've talked to that have them, uh, they break down all the time."
Correct
The speaker hopes to achieve a net profit of $100,000 to $125,000 this year, with a net profit margin of 40-45%.
"What's the average profit month after all expenses are paid? I'm uh we'll do probably 1 to 15 or sorry, 1 to 125 this year. Gross. net should be about 40 45. That's my hope."
Pending
The speaker acquired a vending machine with no upfront personal investment, utilizing hard money loans and seller financing.
"So in my case I bought this with no money down. I did hard money plus seller financing. So I legitimately had no money in it."
Correct
According to the Coin Laundry Association, a laundromat in an area with 10,000 people should generate $250,000 annually. In a town of 1,000 people, this figure is reduced to 10% or $25,000 annually for a coin-operated laundromat.
"In the average lo in the United States for a laundromat, 10,000 people will bring in 250,000 a year. It's an industry standard put out by the Coin Laundry Association. So, if you're in a town of 1,000 people for a coin operated laundromat, you're only going to get 10% of that, which is 25K a year."
Pending
In average or low-population laundromat locations, profitability depends on wash-dry-fold services and pick-up/delivery, as coin laundry alone is insufficient due to low demand.
"So, you are running an average location. The only way for you to make any money on that is not going to be through coin laundry. It's going to be through wash, dry, fold, and pick up a delivery. areas with low population density and low population overall. Terrible for laundromats because not everybody needs to use a location."
Correct
The speaker advises against spending $50,000 to start a vending machine business, recommending purchasing used machines from online marketplaces like Facebook Marketplace, eBay, or OfferUp, as demonstrated by the $600 purchase of a Royal Generation 3 machine.
"So, we're going to check on this Coke machine. How you start a vending machine business? Well, process that I teach people is very simple. What I don't want you to do, and we've had people do this, is they will come in and spend $50,000 to start a vending machine business, and then they decide they don't like it. They they hate a vending machine business. So, I would rather just show you how to buy cheap vending machines like on Facebook Marketplace, eBay, Offer Up, those kinds of websites. buy a used machine, which is what this this Coke machine, this is a Royal Generation 3 vending machine, I bought for 600 bucks."
Correct
The speaker advises against spending $50,000 to start a vending machine business, recommending purchasing used machines from online marketplaces like Facebook Marketplace, eBay, or OfferUp, as demonstrated by the $600 purchase of a Royal Generation 3 machine.
"So, we're going to check on this Coke machine. How you start a vending machine business? Well, process that I teach people is very simple. What I don't want you to do, and we've had people do this, is they will come in and spend $50,000 to start a vending machine business, and then they decide they don't like it. They they hate a vending machine business. So, I would rather just show you how to buy cheap vending machines like on Facebook Marketplace, eBay, Offer Up, those kinds of websites. buy a used machine, which is what this this Coke machine, this is a Royal Generation 3 vending machine, I bought for 600 bucks."
Correct
A new roofing branch is being established in Detroit, Michigan, requiring the speaker to take classes to obtain a roofing license.
"We've got a large commercial client building a new branch up there. So, I had to actually go go take classes to get my roofing license. So, we're going to check on this Coke machine."
Correct
The vending machine generated $99 in revenue from Coke products in the past week, with approximately $49.50 in profit.
"So, we are at uh 284 in quarters. I'm trying to do the math in my head. That's pretty dangerous. $71 plus 28. So, 90 $99 in Coke products in the past week. Half that's profit."
Pending
The speaker hopes to achieve a net profit of $100,000 to $125,000 this year, with a net profit margin of 40-45%.
"What's the average profit month after all expenses are paid? I'm uh we'll do probably 1 to 15 or sorry, 1 to 125 this year. Gross. net should be about 40 45. That's my hope."
Pending
The speaker acquired a vending machine with no upfront personal investment, utilizing hard money loans and seller financing.
"So in my case I bought this with no money down. I did hard money plus seller financing. So I legitimately had no money in it."
Correct
According to the Coin Laundry Association, a laundromat in an area with 10,000 people should generate $250,000 annually. In a town of 1,000 people, this figure is reduced to 10% or $25,000 annually for a coin-operated laundromat.
"In the average lo in the United States for a laundromat, 10,000 people will bring in 250,000 a year. It's an industry standard put out by the Coin Laundry Association. So, if you're in a town of 1,000 people for a coin operated laundromat, you're only going to get 10% of that, which is 25K a year."
Pending
In average or low-population laundromat locations, profitability depends on wash-dry-fold services and pick-up/delivery, as coin laundry alone is insufficient due to low demand.
"So, you are running an average location. The only way for you to make any money on that is not going to be through coin laundry. It's going to be through wash, dry, fold, and pick up a delivery. areas with low population density and low population overall. Terrible for laundromats because not everybody needs to use a location."
Correct
The speaker advises against spending $50,000 to start a vending machine business, recommending purchasing used machines from online marketplaces like Facebook Marketplace, eBay, or OfferUp, as demonstrated by the $600 purchase of a Royal Generation 3 machine.
"How do you start a vending machine business? Well, process that I teach people is very simple. What I don't want you to do, and we've had people do this, is they will come in and spend $50,000 to start a vending machine business, and then they decide they don't like it. They they hate a vending machine business. So, I would rather just show you how to buy cheap vending machines like on Facebook Marketplace, eBay, Offer Up, those kinds of websites. buy a used machine, which is what this this Coke machine, this is a Royal Generation 3 vending machine, I bought for 600 bucks."
Correct
A new roofing branch is being established in Detroit, Michigan, requiring the speaker to take classes to obtain a roofing license.
"We've got a large commercial client building a new branch up there. So, I had to actually go go take classes to get my roofing license. So, we're going to check on this Coke machine."
Correct
The vending machine generated $99 in revenue from Coke products in the past week, with approximately $49.50 in profit.
"So, we are at uh 284 in quarters. I'm trying to do the math in my head. That's pretty dangerous. $71 plus 28. So, 90 $99 in Coke products in the past week. Half that's profit."
Pending
The speaker hopes to achieve a net profit of $100,000 to $125,000 this year, with a net profit margin of 40-45%.
"What's the average profit month after all expenses are paid? I'm uh we'll do probably 1 to 15 or sorry, 1 to 125 this year. Gross. net should be about 40 45. That's my hope."
Pending
The speaker acquired a vending machine with no upfront personal investment, utilizing hard money loans and seller financing.
"So in my case I bought this with no money down. I did hard money plus seller financing. So I legitimately had no money in it."
Correct
According to the Coin Laundry Association, a laundromat in an area with 10,000 people should generate $250,000 annually. In a town of 1,000 people, this figure is reduced to 10% or $25,000 annually for a coin-operated laundromat.
"In the average lo in the United States for a laundromat, 10,000 people will bring in 250,000 a year. It's an industry standard put out by the Coin Laundry Association. So, if you're in a town of 1,000 people for a coin operated laundromat, you're only going to get 10% of that, which is 25K a year."
Pending
In average or low-population laundromat locations, profitability depends on wash-dry-fold services and pick-up/delivery, as coin laundry alone is insufficient due to low demand.
"So, you are running an average location. The only way for you to make any money on that is not going to be through coin laundry. It's going to be through wash, dry, fold, and pick up a delivery. areas with low population density and low population overall. Terrible for laundromats because not everybody needs to use a location."
Correct