Love seeing the different ventures been here since coin counting days 💪🏽‼️
@InvestmentJoy2 ай бұрын
More to come!
@nman12 ай бұрын
Bro started the video like a Mr. Beast video 😭
@InvestmentJoy2 ай бұрын
@@nman1you'd almost think we happen to have the exact same editing crew
@nman12 ай бұрын
@@InvestmentJoy idk man, I don't waste my time doing that kind of research for random videos being recommended to me. I see a video that looks interesting, I click.
@linnieh.28462 ай бұрын
Thanks for coming to ROCKFORD! We Love it here!
@InvestmentJoy2 ай бұрын
It's a nice, not-so-little town!
@PaulShively2 ай бұрын
I love that you went into a place that itself has a massive social media presence! Loving this new series. Congratulations om the new business.
@InvestmentJoy2 ай бұрын
Yeah it was the recommendation from the camera operator I was really happy I got to meet them
@shogged2 ай бұрын
Love the new series!
@InvestmentJoy2 ай бұрын
Glad you enjoy
@D2O22 ай бұрын
Cost, Quality, Velocity.....you can only pick two.
@sz14042 ай бұрын
Right now I'm not doing well financially but I can tell you one thing it is good to see a guy like yourself I've been watching you from the coin machines laundromats you seem to be a very fair and honest person I saw you do trailer park rentals I don't know how that went but anyway you seem to be a good guy I hope you have prosperity
@InvestmentJoy2 ай бұрын
Appreciate the kind words, wish you well
@DEEPDAIVE252 ай бұрын
Kenyan guy fro Linkedin loving what you are doing, keep inspiring
@InvestmentJoy2 ай бұрын
Sweet!
@Jay-nr9xi2 ай бұрын
I love your new videos with the roofing company keep them coming please
@InvestmentJoy2 ай бұрын
Will do
@NikkiCornelius2 ай бұрын
On state street there is a theater… maybe look at that for your next project…. If you need any ideas- I am in the area
@InvestmentJoy2 ай бұрын
To reuse as a theater or to do the roof job on?
@NikkiCornelius2 ай бұрын
@@InvestmentJoy either or… if you drive from down town headed east on state street- you will see it… 721 east state … it’s been just sitting there for years and years… people have tried with it but it’s been a whole thing
@WeixDraqz2 ай бұрын
Hire more people.. salesmen too, then you can do the bigger jobs. You should also have a department for small works, residential works as well which would open up more jobs and more revenue
@InvestmentJoy2 ай бұрын
That's the hope, long term, just lots of organization.
@spineguy15532 ай бұрын
You need a bank that will work with you on a credit line. You lost a 2million job over a $300k refundable down payment. That job would have made you $700k plus work for your team.
@InvestmentJoy2 ай бұрын
Yep, will probably talk about that very thing in a future episode
@ccoder49532 ай бұрын
Hey Fire Dept Coffee! Their KZbin channel is hilarious.
@InvestmentJoy2 ай бұрын
Agreed!
@FireHawk92.2 ай бұрын
Keep making content, great job.
@InvestmentJoy2 ай бұрын
Glad you liked it (But watch the whole thing, it's only 1min after posting a 17min video).
@kevinC56112 ай бұрын
Get a stair tower scaffold..... if one guy eats it that $300 ladder gunna be pretty expensive !!
@gargamelgargamel64312 ай бұрын
As a crane operator who has lifted lots of roofing material, and has also dealt with lots of other height related labor personally; this is fact. I’m also nearby you and know your brother if you want to discuss different safety aspects in person. I used to go to church with him
@carloshour82632 ай бұрын
A brace where the ladder meets the roof makes it a lot safer
@InvestmentJoy2 ай бұрын
I'm making a note of all these suggestions and will be running it through the crew to figure out how quickly we could get one of these set up and the safety advantages of it. I know I personally don't like the idea of climbing up that extremely long ladder. Granted they do a very good job of securing it to the roof but looking at some of the scaffolding ladder systems, I know I personally would feel a heck of a lot safer on them
@kenbrandt49842 ай бұрын
Stellantis will be closing that location. They are the same union as me. That is how I know.
@InvestmentJoy2 ай бұрын
Are they not building the ram 1000 / rampage there, now?
@currentfaves652 ай бұрын
You are out of Ohio !!! Wild how far you have grown ! Congrats !
@InvestmentJoy2 ай бұрын
Yes I am!
@KayFabe872 ай бұрын
@@InvestmentJoy Have you fully relocated from Ohio to Illinois?
@InvestmentJoy2 ай бұрын
@@KayFabe87 Nope, i'm making the awesome choice to commute :D
@rubeshere23 күн бұрын
Would be great if you break down the profitability of each business. And in that, assuming you had a manager, or value your time in the calculations
@Leti862 ай бұрын
Love this, as a roofer sunglasses is a MUST
@InvestmentJoy2 ай бұрын
Yeah, UV-related eye damage is now #2 for roofing injuries due to the reflections, its crazy.
@TTDTIS2 ай бұрын
Is this real? Congrats! I just got my first 30w 30d laundromat last year because of you and bang your on to the next industry. Cool stuff.
@InvestmentJoy2 ай бұрын
That's awesome
@matthewa.34882 ай бұрын
Pretty neat to see a KZbin video and then literally be able pass by the exact jobsite haha, keep it up. Rockford is filled with roofing companies (I've worked for a few) but a union roofing company I'm curious on the profit margins for having a non-union roofing company go union. (I did notice you said you have the contract for Stellantis that's freaking awesome legacy client) I also heard you say around 4:30 you said you wanted to get into real estate in Rockford, its currently prime for what you want to do. (I know some people in the Rockford area that are renting out to traveling nurses as nursing is big here.) Economy here is okay if you are consistently working (can be able to make a nice saving account) but starting you own business is the way to go!
@InvestmentJoy2 ай бұрын
If you can keep work quality up, people safe, and be efficient the end (in my mind) is the crew as a whole makes much more money. I want to get into *Something* to potentially keep the crew busy during the winter, real estate would be one of those things they could work then make some money later in the year which would be cool.
@icedog11232 ай бұрын
@@InvestmentJoyI live in Belvidere
@InvestmentJoy2 ай бұрын
@@icedog1123nice, I drive by the assembly plant every time I come out
@railsrust2 ай бұрын
Loved your videos for years, since the Covid era when you first started the laundromat. I'm liking the new format, although I'd still love to see some of the old stuff mixed in with this. I would love to get into owning my own businesses, but I can never get myself above war for long. The issue is that I'm autistic, and it's difficult for me to work traditional jobs and earn the kind of money I would need to even get started. I don't get getting handouts, but I'm totally lost. It's unfortunate, because I think if I had the capital, I could do some cool things. Oh well, back to the poverty mines for me. 😀
@InvestmentJoy2 ай бұрын
Big thing to understand is money/loans/etc are out there if you can build a well enough plan without much speculation
@jwg93382 ай бұрын
Are you done flipping properties and focusing more on this roofing venture? Congrats btw, great move!
@InvestmentJoy2 ай бұрын
Kind of both.
@icedog11232 ай бұрын
@@InvestmentJoyI work on houses if need help I have pictures of my work
@InvestmentJoy2 ай бұрын
Meant to ask you on other comment - What's your approx hourly fee/charge?
@wadebarnett25422 ай бұрын
Make sure your guys wear hats and lots of sunscreen!
@InvestmentJoy2 ай бұрын
Agreed
@Amirealestateinvest2 ай бұрын
Amazing buy! I also recently purchased my first turnkey property and I spent less!!!
@InvestmentJoy2 ай бұрын
Nice!
@jeffhambro2 ай бұрын
I love this! How much revenue was the company doing when you purchased it?
@InvestmentJoy2 ай бұрын
Was great, however once you factor in purchase price + some new staff, the net isn't super fantastic, which tends to be the situation with many of these companies.
@youngorangee2 ай бұрын
Legend
@InvestmentJoy2 ай бұрын
No, UR
@Nick12532 ай бұрын
Just keep consistent and keep your guys busy and they will eventually learn to like you lol
@InvestmentJoy2 ай бұрын
I think they do to a large part, but I absolutely need to consistently take care of em and make sure we are on track
@Nick12532 ай бұрын
@@InvestmentJoy you seem like a good guy, stick to your word and you'll be set.
@headspace6322 ай бұрын
what are you doing for your consistency on jobs? aside from being around what is the best marketing for a business.
@icedog11232 ай бұрын
Is the the ABC in Roscoe or rockford
@InvestmentJoy2 ай бұрын
We specifically went to the one here in Rockford episode 3 you'll see ABC up in Beloit
@joshuafrench19022 ай бұрын
Dollar coins really help in my vending business. I just hate having to order them from the bank.
@InvestmentJoy2 ай бұрын
Agreed, we'll do a video about it here soon but it's amazing to me how much of an impact we've had on the local banks by switching over to dollar coins
@joshuafrench19022 ай бұрын
@@InvestmentJoy my bank stated holding a box for me and letting me just get what a need usually 200-300 a week (not the usual case but only because I have built a relationship with them).
@downundarob2 ай бұрын
TIL that the USA has dollar coins, are they common or would the average 7-11 staffer be wary about accepting them?
@InvestmentJoy2 ай бұрын
@@downundarobI think it really depends on where you're located if you're in New York City I hear they're extremely common. Around here people think that they're very rare and valuable. Over the last two weeks we've had people come and intentionally buy $400 worth of coins off of the car wash. And there's a rumor going around right now that the mint is considering making some $2 coins
@downundarob2 ай бұрын
@@InvestmentJoy Just for giggles, the $2 coin should be smaller than the $1 coin.
@stevenmitchem96892 ай бұрын
I’m finishing up my bachelors degree in finance next semester. Ive also have been interested in the trades and have worked some in the industry. What’s the best way to mingle both of those? Maybe a construction management/finance role? Any feedback would be appreciated
@InvestmentJoy2 ай бұрын
I'd say partner/get on with a trades firm and see how you can improve their bottom line. That's ESSENTIALLY the role I'm taking here with the roofing firm.
@robertromero80942 ай бұрын
Im glad im not your camera man. I wouldnt go up that ladder haha
@InvestmentJoy2 ай бұрын
It was very high
@Pjw3502 ай бұрын
There is walk through attachments now available that attach to the top of the ladders. You set the ladder flush with the roof edge and the extensions come up about 3’ so instead of walking to the side of the ladder off- your walking directly through the safety brackets. Some even have gates that will close the access off. Your ladders need an access path from the flags to the ladder. With a removeable flag to easily get in and out of the access path. Love the content.
@Planeandaquariumgeek2 ай бұрын
Quick question: how many laundromats and car washes do you own?
@InvestmentJoy2 ай бұрын
Still at 2 carwashes and one laundromat. Sold the two laundromats that weren't going anywhere.
@Planeandaquariumgeek2 ай бұрын
@@InvestmentJoy ah, makes sense. Right now my mom has 3 laundromats and 2 car washes
@InvestmentJoy2 ай бұрын
Nice!
@Planeandaquariumgeek2 ай бұрын
@ also about 50 rentals
@GHCMargarita2 ай бұрын
No historic churches in the US 😂😂😂
@InvestmentJoy2 ай бұрын
Sure there are
@GHCMargarita2 ай бұрын
@@InvestmentJoy It’s a lame joke, European joke.
@someguy97782 ай бұрын
Compared to Europe, probably true.
@BillyGold0072 ай бұрын
You have many irons in the fire!
@InvestmentJoy2 ай бұрын
Both for better and worse
@Abraham_02 ай бұрын
Would you put one of those slot machines in one of your businesses? Every corner store here in Cleveland has one 😂
@InvestmentJoy2 ай бұрын
For $10k/mo I would
@dustin2882 ай бұрын
that is not a 90 ton crane maybe a 40
@jwg93382 ай бұрын
90 should have 8+ axles.
@InvestmentJoy2 ай бұрын
It's 90 as far as the bank is concerned, hear that SBA? It's valued at $300k+
@InvestmentJoy2 ай бұрын
(But you're right, it's a 30, not sure why I said 90 in the video, there's some document somewhere that said 90 and I've got it stuck in my mind).
@insidelectronics2 ай бұрын
Don't bet on Stelantis sticking around.
@InvestmentJoy2 ай бұрын
it would be very unwise for me to bet the farm on Stelantis keeping Belvidere, we'll certainly have t o see what happens.
@codegeassfan4life282 ай бұрын
@@InvestmentJoy it be interesting seeing u go near the area and exploring other businesses around the plant that help keep it going and how it'll affect them if the plant shuts down.
@InvestmentJoy2 ай бұрын
@@codegeassfan4life28 Yeah, i've been around there once, it'll be extremely harsh if it gets shut down. Granted to an extent I *think* something positive will happen, even if it's not a full large-scale resstart.
@bignickd762 ай бұрын
Did you know anything about roofing before buying the business?
@InvestmentJoy2 ай бұрын
Not really with regards to low sloped commercial. I have a decent understanding of shingle and metal residential
@umarkhayam00792 ай бұрын
Hello sir big fan ❤🎉
@InvestmentJoy2 ай бұрын
Hey big fan, this is sir, hope you're having a great day
@umarkhayam00792 ай бұрын
@@InvestmentJoy I want to talk to you please It's a personal matter🙏🙏🙏Please
@Slubbernard2 ай бұрын
Kewl information
@InvestmentJoy2 ай бұрын
Sweet
@johnjones2nd6672 ай бұрын
Talk about a smart investment buying a cyber truck is not a smart investment
@InvestmentJoy2 ай бұрын
It's an attention getter and if I used it for advertising it would be pretty useful
@matthewa.34882 ай бұрын
@@InvestmentJoy Can confirm Tesla Cyber truck is a great for advertising in Rockford, IL it makes everyone's head turn.
@InvestmentJoy2 ай бұрын
@@matthewa.3488 I know I notice them! Whether it was Rockford or here in Circleville
@r0c1ndave2 ай бұрын
@Investmentjoy Dave here, Brandon. I haven’t checked in in a while. I joined my brothers construction company and trying to learn as much as I can while in the mean time. Great content 👌🏼 looking forward to the updates on this company.
@InvestmentJoy2 ай бұрын
Oh wow, that's awesome
@samfish69382 ай бұрын
You need to get into solar
@InvestmentJoyАй бұрын
Agreed, we are working on it.
@dvljet2 ай бұрын
Im not sure its legal in any state to have slot machines or video poker machines inside any business that miniors come into also i think theres even strict rules on who can even have them . the state and the tax man run it . the regulations where you are must be lax because using flags and cones on a roof has a guardrail is funny because most times its metal posts every so many feet then 2x4 or 2x6s are used in the slots has a guardrail and the metal posts get fastened to the edges of the roof if a health and safety inspector showed up on site for a surprise visit i think youd be looking at safety violations . the best advice is look in the roofers handbook or guide or even your state has manuls on construction safety and the regulations . its not a question of unionized or not its the quality of materials that proves if the job is good or bad use cheap membrane or cheap tar and youll get very short life results .
@InvestmentJoy2 ай бұрын
From what I understand / our Interpretation of the OSHA handbook when it comes to PFAS vs safety monitors in low-slope roofs. Not sure if our monitor is obvious in the video or not. Union vs non union certainly doesn't always mean you use better, or less better materials. However just today I was looking at photos of a pretty solid SPA product that was applied improperly (Wrong tool for the wrong job) and now the roof is bad after only 11yrs.
@pokemontrainer342 ай бұрын
from crack head trailer park to a roofing company.... How things can change :D
@InvestmentJoy2 ай бұрын
I can do a lot of things
@JohnBarry-sy4hg2 ай бұрын
I just saw you in magz chat
@InvestmentJoy2 ай бұрын
My son was on my account
@miamijames2 ай бұрын
Why would you want your employees to join a union, slowly they bankrupt every business
@InvestmentJoy2 ай бұрын
How much do you know about skilled trades?
@TimTams_642 ай бұрын
You seem like a decent guy, hope it works out, but with tall buildings shouldnt thre be scaffolding and safety harness?.
@InvestmentJoy2 ай бұрын
Would need harnesses without a safety monitor, you can see the monitor in some of the cuts