Ken Van Vorhis
๐ค SpeakerAppearances Over Time
Podcast Appearances
And then as long as you can fit that $1,800 to $2,300 monthly payment into like 20% of your debt to income, you need a debt to income that's like less than 30, ideally.
So as long as your debt to income is less than 30, you can comfortably fit that payment into your monthly expenses.
And the banks see that based off your credit report, they'll approve it.
It's a lot easier to get into a EURUS or to get into a Huracan than a lot of people think.
Oh, 100%.
And the crazy thing is, I mean, do you know who Jaden Bloom is?
Jaden Bloom?
No.
Jaden Bloom, he makes a bunch of great content.
I love the guy.
I've actually thought about buying his community program.
He talks about renting out exotic cars.
Yeah.
And his big thing is like, you can own these cars and you can cashflow them to the point where you don't even have to pay for them.
You got a Lamborghini Urus, rents out for $1,000 to $1,300 a day.
They rent out on average 20 to 25 days out of the month.
If you're in Miami, LA, San Diego, Orange County, New York, or another place that's like wealthy, you're making, if you're doing all the renting yourself, $20,000 to $3,000 a month cash flow off that car.
And if you have a loan that's only $2,200 a month, you're...
you're making 200 grand a year off the car after expenses.
And even if it gets fucked up or something like that, I mean, you have such a large cushion in that profit that you can just keep doing it.