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Houston Crosta

πŸ‘€ Speaker
894 total appearances

Appearances Over Time

Podcast Appearances

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

Like that's probably what?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

Something like that, right?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

At least $30 million, right?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

Because let's just average everything out a little bit less.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

Someone's paying interest on $30 million.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

So let's just call it the standard 6% rate, which is like the federal funds basically rate.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

6% on $30 million is what?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

$1.7, $1.8 million a month.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

Jeez.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

Just the interest on those cars.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

Holy shit.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

Let's just say the building is, I don't know, 30,000 square feet, right?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

The power bill there is probably what, four or five grand a month.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

I mean, we can add up all the fees, right?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

All the costs to doing business.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

And you can come up with like an overall nut of probably about 200 grand a month, right?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

That you could just estimate that that business has.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

They have to sell like three cars every single day.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

Jeez.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

Just to pay their overhead.