Use code MALLAH50 to get 50% OFF First Box and free wellness shots for life with any active subscription at factor75.com Talk to Ben over the phone! benmallah.com/product/consult_with_ben/ Instagram instagram.com/realbenmallah TikTok www.tiktok.com/@benmallahmoments Twitter twitter.com/ben_mallah Facebook facebook.com/Ben-Mallah-Life-for-Sale-103937901448760 Spotify open.spotify.com/album/7xQOjAs8SvW9gUWG80y4sZ Merch ben-mallah-life-for-sale.creator-spring.com
TikTok is a bad avenue, and has millions of more bots than here... thats how it got so big so fast... also not to mention as an infosec person, they hugely listen/record your phone use (for sure).
this is one of the most helpful series that you guys do, because there’s so many snake oil salesman out there, and they are easily able to paint the picture that their experts, and to hear your take on things that they’re saying really clarifies whether there’s somebody we should be listening to or not
plumbers the biggest scammers. got quoted 600 to change a faucet. bought a nice faucter for $ 150, a plumbers wrench for 20 bucks and took me a half hour to swap the 2
You’re right that is very expensive. But consider that it takes 4 years to become a journeyman plumber. In-those 4 years you need to also go to school while working. So yeah it is expensive cost, but if you want a licensed plumber to do your job over a handyman, it comes at a cost.
Yeah. You always would have been mf it if it was rusty didn’t want to come out. You had shut offs that don’t stop. Some faucet you win some you loose but the same price regardless. At least to me.
This is why ben is the BEST real estate guy on TH-cam by a MILE. no bullshitting, i didnt know about that property tax thing, so i actually learned something! New yorkers don't have time for bullshit!
Some of these "Investors" in this video like Ryan Serhant are actually the "real deal heavy hitters". I'm not a fan of the Scientologist Grant Cardone, but he's considered an even heavier hitter than Ben Mallah.
@scottmichaels6854 ☝️🤓 bro. I obviously wasn't talking about him. Everyone today seemed pretty legit except for Crapdone, but usually it's goofies saying Goofy things. Ryan doing his own thing and isn't really in real estate now (hands on as much) he's actually doing more production stuff and trying to grow his empire. So I respect him
@@scottmichaels12 but from what the brief screen time he had if he owns the brokerage he is making a nice listing commission right out the gate and he is going on tik tok saying you can be like me selling properties making the big bucks but in reality he probably has brokers or agents that work for him selling his listings therefore he loosely is a broker anymore more like a business man trying to get people excited to sell his real estate and make him money. No hate to the guy sounds like he's doing great but its hard to label him as the average broker when I'm sure he is making a killing compared to the average broker. (i could be wrong)
@@LEX.IBA333 Ryan is literally in the thumbnail of the video, and Ben has reacted multiple times to Cardone videos. There aren't many other people in this video that you could have been referring to. Let's also remember that during Trump's entire presidency, Ben referred to himself as the $250 million man. 2 years into Biden's presidency, Ben started referring to himself as the $500 million man. I personally don't care about politics and CERTAINLY DON'T believe that a POTUS has any major effect on personal income or net worth, however Ben complains about the economy under Biden but praises it under Trump? Seems to me that if you doubled your net worth in 2 years of Biden's presidency, then you wouldn't be SO upset with him. I personally don't believe that he doubled his net worth under Biden. I think Ben Mallah is highly entertaining and he's a great success story...but he's also completely full of sh*t! The majority of Ben's money was made many years ago doing different things than what he's doing today. However, he tells people to NOT buy single family homes and instead, invest in commercial like he's doing today. That's just not realistic. He's highly entertaining, however some of these "TiK Tok" investors actually have a more realistic approach to getting into real estate than Ben does.
14:37 This happened two years ago. Bought my first place. Closing had property taxes listed at a $642. Following year, we're at 3.5k after the newly applied for Homestead Exemption.
Did the buyer agent let you know that your taxes were going up? Did the buyer agent calculate your new tax bill? Although Ben is right about doing your homework, the buyer agent made a substantial amount of money on the deal. Like in any business, the buyer agent is working for you, even if the seller is paying the fee.
Ben I work as a younger real estate agent and I have met a couple buyers and sellers before that have a few million net worth, one even worked on a ton of movies before as a special effects person, but YOU have the most relatable and down to earth persona, it’s kinda weird to me. You’re the outlier in the stereotype of “rich people are so disconnected from what brought them up” and you eat breathe and sleep real estate. It’s inspiring, I also want to be working in real estate for the rest of my life.
At 16:00 Ben starts talking about property tax increase on the new recorded sale. Some states you would actually purchase the LLC that holds the real estate. This avoids real estate value jump as it doesn’t get recorded with the county auditor. Ever look on a the Auditors website and see one LLC sold to another LLC for 0.00? That’s why.
This is not what I was expecting! This was super helpful from a high level but enough to make people have to 'think' a little! Well, done, looking forward to the next one I watch!
0:08 I've waited for it. Ben is like a counterweight in a crane 😅 Ben, I wish you a very, very long and healthy life. Thanks to you, many people smile every day🙂
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation*
Interesting, This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro Investor?
I feel Investors should exercise caution with their exposure and.exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or a licensed expert in order to navigate this recession and achieve potential high yields
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
Brian Humphery Services was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Brian.
Plumbing charge 125 to 200$ pet hour plus mark up on equipment we have alot of overhead too and insurance and truck payments and helps pay and benefits and retirement too
No kidding. I am forgoing the "opportunities" earning a college degree (at the VA's cost thank God) gave me and have been in Latin America for 15 months now, saving money to make money especially on housing, food and prescriptions. I got free prescriptions from the VA because no South Florida doctors take retired military insurance, but what you need a prescription and a fortune to afford in the US is available over the counter and costs peanuts once you get south of the border. Glad I did some homework. College and medicine are the two biggest US rip-offs. I'm only coming back if I can be a plumber and use the profits to buy a retirement pad in Colombia. They cost about $35K US all in for a one bedroom in Bogotá. Why make yourself nuts with real estate? The. less things you own, the fewer problems you have. But, "to each his own."
Great video. So much knowledge and insight on the do’s and don’ts. You can tell Ben knows it all because when he speaks on something he explains it so well.
Uncle Ben where you been, I'm a plumber yup time, materials, driving there etc etc I charge 350.00 $ labor you pay toilet and that's in town rate boston is different rate plus you evaluate logistics
If I were mega rich I would just move to Monaco. No personal income tax. No inheritance tax. No property tax. The prices for a basic apartment are several million though. I think they only charge tax on corporations.
I'll never understand you people who think that you know how honest or how "REAL" someone is by watching a 15-20 minute video 2 to 3 times a month. These videos are for entertainment purposes only. You don't know who these people are in real life. Watching an EDITED 20 minutes of their life, once a week, doesn't tell you who this person truly is. Just watch these videos as entertainment and stop putting these people on a pedestal.
Bem Mallah G.O.A.T.🔥Best money-making content on the tube. Tells it like it is, No packaging, No schtick, No scheming, and No 'snake-oil'...thanks 🙏 Mr. Mallah
I ran my own landscape business for two years full time. I still do handyman stuff here and there. My costs on the toilet would be as follows: toilet with sales tax $107.00..... pickup fee $50 (Im burning gas in a truck I pay 450/mo for plus insurance to haul stuff for people who drive compact cars and any store is going to charge you more if they deliver it).....miscellaneous parts $25 (you need to buy fittings and pipe dope to put in a toilet).... labor 2 hours @65 $130....disposal fee $50 (the landfill is going to charge a minimum of $35 plus its a 30 minute drive so I need gas money and something for my time) ........ Grand total $362 so ben isn't off here but people don't realize what the costs of doing business for a contractor is. You have to have a truck or van, have to have vehicle and contractor insurance, you have to buy gas, etc, etc. on the flip side if you install 5 of these toilets in a day you are looking at $1000 net profit but that never happens, lol
He's right ! As a contractor things have changed. Double insurance cost, Double labor rate, fuel cost, Vehicle cost, Double parts cost, Time to get parts needed and other materials needed to complete the job etc. A johnny ring is like $20 in some stores. The labor isn't always the time on site. A trip to home depot for example can be 2 hours. For $900 he prob made $100 profit
LMAO, so full of it. A johni ring (note the correct spelling) is less than $4 retail and a plumber typically buys them in bulk at a bigger discount so it's $2 per ring. If you can't make $200+ in profit by charging $500 to do a simple toilet replacement of a $100 toilet you're terrible at your business.
What if you own a plumbing outfit you usually have accounts with plumbing supply houses and you get your toilets water heaters etc and all of your parts also too no professional plumber doesn't go to Lowe's or home Depot and if a plumber tried to charge me 900 dollars for a toilet installed even if he took my old one out and installed the new one it should take a professional plumber no longer then a hr tops I would tell that plumber trying to charge me almost a 1000 dollars wow you must be smoking crack I would play 350tops
I have a plumbing business. We would be out of business in 3 months if we were charging $900 for a wc install. Customers need a value proposition. Unfortunately they already have a value in mind that you cannot not change no matter how much you prop up your business. We charge a flat rate of $99/hr plus materials. We do a 50% mark up on materials. Plus a van charge/fuel charge. A wc usually comes out to about $500 to $600 for the install. Depending on the wc. I can understand where he is coming from regarding warranty and such. But we pretty much warranty all the work we do for life. Google is a double edged sword. If we dont go back and fix a problem, even if its not our problem, the customer will give us a bad review. So all in all, dont start a plumbing company right now. LOL
The guy said he bought it for $50 million and he's listing it for $87 million. He said he spent "millions and millions of dollars" fixing it up, but he never actually said how much total money he spent renovating. How do we know he doesn't have $35-40 million tied up in expenses for this property? And just because you're "listing it for $87 million", doesn't mean you're getting $87 million for it. But this is what these "fake gurus" do when they want you to believe that they're more successful than they actually are. They give you the price they purchased if for and the price that they're listing it for...but they don't give you the money that they are actually out on the property.
@@VikingSheltersyou are a clown if you believe that idiot purchased a property that included a Walmart and McDonald's. Does not work that way with those two brands
Changing a faucet, garbage disposal or even a toilet isn’t really a licensed plumbers job-that’s handyman stuff. You shouldn’t pay more than $40 a hour for a handyman. They usually have a 2 hour minimum. You’re an idiot if you call a plumber for anything other than designing drain systems and proper venting and moving water lines. All their stuff is easy EXCEPT drain system design. If you’re moving water lines call a plumber bc they are insured for that-handyman ain’t….I’m an electrical contractor and GC moving into real estate…don’t call a handyman for electrical.
It's a sponsor. Ben Mallah doesn't believe any of the crap that he's saying but he has to say it in order to get paid by Factor. Subscribers don't want to believe that their TH-cam heroes would sell out like that but, NEWS FLASH...TH-cam videos are all about making money. These videos are not made out of the goodness of their hearts.
@@scottmichaels12yes and no. I don't believe that every successful TH-cam person started out making money. Successful ones just do. Money being addictive causes content creators to alter their content. Personally believe that sponsorship is probably a better way to cash in versus monetization where it takes more content for the same return, more rules, and Google always ready to pull your ability to monetize. However I think that the ability to make money on TH-cam has made TH-cam a great channel. People making great videos not controlled by Hollywood. TH-cam has basically broken the Hollywood monopoly on entertainment.
15:40 You know, the lady not doing her homework, not finding out how much she will be forced reocurringly, every year in form of "property tax" to keep her home is one side. Yes, she should have done the research, finding out how much is taken away from her every year, how much lifetime she will use by them taking it. But the other hand tells me: The average joe does not research that, because it's totally unnatural und not right that this happens. As stated in my other comment: The founding fathers would probably turn in their graves, looking at the land of the "once" free with all this enforced payments, where property tax is paid after taxes on productivity (labor), and pretty much also on everything else. To me this is very sickening, while I am aware that there are many who for whatever reason find this acceptable to work 50-80% of their life for the government...
14:33 Taxes for ones roof: Criminal to me. Why? Because if you don't pay the enFORCErs are coming and pulling you out, taking the home away from you. To me this is an annual theft, modern slavery. A free society would never be forced to pay an annual fee for their own home. Simple. Yes, yes, there are services which need funding. I agree, but not in the way that one looses his roof. And then I don't see that all the enforced tax is spent wisely. If we want local police, firefighters, etc, let them state what they need to maintain the service. If not paid by the public, service will be reduced. Simple. If founding fathers would already have started a new war of independence, I assume. They fought against a tea tax? What would they have done if they would have been forced to pay tax in the income from their labor, tax on every product they purchase, tax on their land/home, and tax/fees for bureaucrats to ask for permission to do/build anything? As far as I see it: They would turn in their graves if they see where society went (by going along), after they FOUGHT for freedom... Constructive thoughts?
A good plumbing company runs at 30% overhead. If we want 20% Net profit we need to shoot for a 50% gross margin. That means with your numbers $200 in materials + $100 in labor, the cost of the toilet would be $600. But then we need to factor in efficiency. Service Plumbers don't bill out all of their time. They have time between jobs, time restocking their vehicle, time building estimates for jobs that don't convert and time doing training. So that plumber has to work 3 hours to bill out 2 hours. Somebody has to pay for that time and if the business wants to maintain Net margins then the customer is the one who has to cover that time. So your $600 toilet is now $700. On top of that most plumbing companies wouldn't install a $100 piece of junk toilet from home depot. If you install a half way decent toilet that cost $200 you have to charge the customer $900 to maintain 50% gross margin and 20% net margin. If you want it cheaper... Do It Yourself.
I love planes and was a private pilot, but you can’t live in a plane the yacht if things go bad you’ve got a mobile home that makes it’s own water and electricity if there’s some kind of natural disaster or civil unrest.
Do you have Home Depot break down the cost into their material and labor cost? I’m and industrial contractor and you can get your bid two ways. A total bid or a man hour rate. If you want a man hour rate, you are responsible for all the logistics and cost of materials. If you handle materials, and anything doesn’t show up on time or is wrong, the man hour rate doesn’t stop. I add value to your business that cranks out tens of millions of dollars a year in profit and I will be compensated handsomely. You can buy the discount guy or you can buy the best.
Use code MALLAH50 to get 50% OFF First Box and free wellness shots for life with any active subscription at factor75.com
Talk to Ben over the phone! benmallah.com/product/consult_with_ben/
Instagram instagram.com/realbenmallah
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Twitter twitter.com/ben_mallah
Facebook facebook.com/Ben-Mallah-Life-for-Sale-103937901448760
Spotify open.spotify.com/album/7xQOjAs8SvW9gUWG80y4sZ
Merch ben-mallah-life-for-sale.creator-spring.com
TikTok is a bad avenue, and has millions of more bots than here... thats how it got so big so fast... also not to mention as an infosec person, they hugely listen/record your phone use (for sure).
Ben. You are the man. Sorry my math is off. 1 million subscribers by Haloween and not the 4th of July 2024. God bless
6:40 // Ben. Your. editor is Great ..amazing sound.
Rolls Royce is British not German. Google it. It’s a London based company builds cars nuclear reactors and jet engines. It’s British not German
Please do a podcast with Patrick bet David please please pleaseeeeee❤❤❤❤
this is one of the most helpful series that you guys do, because there’s so many snake oil salesman out there, and they are easily able to paint the picture that their experts, and to hear your take on things that they’re saying really clarifies whether there’s somebody we should be listening to or not
Hahahaha i need you to jel in my ear wat i must do 😂😂😂😂 i ame from Holland
plumbers the biggest scammers. got quoted 600 to change a faucet. bought a nice faucter for $ 150, a plumbers wrench for 20 bucks and took me a half hour to swap the 2
That is a very minimal scam stuff like that is everywhere
You’re right that is very expensive. But consider that it takes 4 years to become a journeyman plumber. In-those 4 years you need to also go to school while working. So yeah it is expensive cost, but if you want a licensed plumber to do your job over a handyman, it comes at a cost.
200$just for the man to show up. I'm not joking. I used to work for a plumbing company
@@sigguy8486most are not licensed but working under someones license. Roto rooter, aj perry. Yeah all working under someone else's
Yeah. You always would have been mf it if it was rusty didn’t want to come out. You had shut offs that don’t stop. Some faucet you win some you loose but the same price regardless. At least to me.
This is why ben is the BEST real estate guy on TH-cam by a MILE. no bullshitting, i didnt know about that property tax thing, so i actually learned something! New yorkers don't have time for bullshit!
Always fun to see "Investors" get fact checked by the Real Deal Heavy Hitters
Some of these "Investors" in this video like Ryan Serhant are actually the "real deal heavy hitters". I'm not a fan of the Scientologist Grant Cardone, but he's considered an even heavier hitter than Ben Mallah.
Ryan Serhant owns a huge brokerage and is the star of a show on Netflix called "Owning Manhattan". I'd say he's not just an "Investor".
@scottmichaels6854 ☝️🤓 bro. I obviously wasn't talking about him. Everyone today seemed pretty legit except for Crapdone, but usually it's goofies saying Goofy things. Ryan doing his own thing and isn't really in real estate now (hands on as much) he's actually doing more production stuff and trying to grow his empire. So I respect him
@@scottmichaels12 but from what the brief screen time he had if he owns the brokerage he is making a nice listing commission right out the gate and he is going on tik tok saying you can be like me selling properties making the big bucks but in reality he probably has brokers or agents that work for him selling his listings therefore he loosely is a broker anymore more like a business man trying to get people excited to sell his real estate and make him money. No hate to the guy sounds like he's doing great but its hard to label him as the average broker when I'm sure he is making a killing compared to the average broker. (i could be wrong)
@@LEX.IBA333 Ryan is literally in the thumbnail of the video, and Ben has reacted multiple times to Cardone videos. There aren't many other people in this video that you could have been referring to. Let's also remember that during Trump's entire presidency, Ben referred to himself as the $250 million man. 2 years into Biden's presidency, Ben started referring to himself as the $500 million man. I personally don't care about politics and CERTAINLY DON'T believe that a POTUS has any major effect on personal income or net worth, however Ben complains about the economy under Biden but praises it under Trump? Seems to me that if you doubled your net worth in 2 years of Biden's presidency, then you wouldn't be SO upset with him. I personally don't believe that he doubled his net worth under Biden. I think Ben Mallah is highly entertaining and he's a great success story...but he's also completely full of sh*t! The majority of Ben's money was made many years ago doing different things than what he's doing today. However, he tells people to NOT buy single family homes and instead, invest in commercial like he's doing today. That's just not realistic. He's highly entertaining, however some of these "TiK Tok" investors actually have a more realistic approach to getting into real estate than Ben does.
14:37 This happened two years ago. Bought my first place. Closing had property taxes listed at a $642. Following year, we're at 3.5k after the newly applied for Homestead Exemption.
Did the buyer agent let you know that your taxes were going up? Did the buyer agent calculate your new tax bill? Although Ben is right about doing your homework, the buyer agent made a substantial amount of money on the deal. Like in any business, the buyer agent is working for you, even if the seller is paying the fee.
Ben I work as a younger real estate agent and I have met a couple buyers and sellers before that have a few million net worth, one even worked on a ton of movies before as a special effects person, but YOU have the most relatable and down to earth persona, it’s kinda weird to me. You’re the outlier in the stereotype of “rich people are so disconnected from what brought them up” and you eat breathe and sleep real estate. It’s inspiring, I also want to be working in real estate for the rest of my life.
At 16:00 Ben starts talking about property tax increase on the new recorded sale. Some states you would actually purchase the LLC that holds the real estate. This avoids real estate value jump as it doesn’t get recorded with the county auditor.
Ever look on a the Auditors website and see one LLC sold to another LLC for 0.00?
That’s why.
This is not what I was expecting! This was super helpful from a high level but enough to make people have to 'think' a little! Well, done, looking forward to the next one I watch!
0:08 I've waited for it. Ben is like a counterweight in a crane 😅
Ben, I wish you a very, very long and healthy life. Thanks to you, many people smile every day🙂
40% inheritance tax to give to your family? wtf? Fuck the government.
yea i think he said if your leaving over $26M you get taxed 40% That’s INSANE 💀 i see why the rich look for loop holes 😅
@@tylerdryman wrong. Trust or not anything over 26mm is taxed at 42% and in 2026 it's sunsetting to anything over 14mm
This probably done to mitigate people being insanely rich doing nothing, living off their rich parents or grandparents money and wealth
@@kiph9925thanks for letting me know
@@besmart2350and your who to say they may not?
4:48 Facts! Real Hustlers Know how to budget & Bargain 💯🙌🏽
@Benmallah please take the quote at 18:49 “if it ain’t making money it ain’t worth sh** !
😂 that’s pure comedy gold !
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation*
Interesting, This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro Investor?
I feel Investors should exercise caution with their exposure and.exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or a licensed expert in order to navigate this recession and achieve potential high yields
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
Brian Humphery Services was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Brian.
He is really a good investment advisor. Was privileged to attend some of his seminars.that's how I started my own crypto investment
This is why I love watching Ben, he's is real , down to earth, and explaining everything in simple way without complicating explanation
Ben..... always honest ,reliable information. 👏 The good the bad and the ugly.
So true Ben a lot of people don’t realize how much they get ripped off
Like the lady in Winter Haven who got hit with the huge property taxes. It looks like the buyer agent collected his or her fee and did little else.
It's the license overhead insurance costs plus protection that of something happens but 900$ is including the toilet
China doesn’t own tik tok this was a huge conspiracy because of COVID you never know what you’re getting on internet or AI
Uncle Ben missed ya bud been making money finally can enjoy youre videos gets some motivation plumbing it up
Plumbing charge 125 to 200$ pet hour plus mark up on equipment we have alot of overhead too and insurance and truck payments and helps pay and benefits and retirement too
I’m a plumber too. You’re correct about the toilet costs. I used to be a doctor 😂
Fraud, no doctor in history would ever leave that to be a plumber. Stop
No kidding. I am forgoing the "opportunities" earning a college degree (at the VA's cost thank God) gave me and have been in Latin America for 15 months now, saving money to make money especially on housing, food and prescriptions. I got free prescriptions from the VA because no South Florida doctors take retired military insurance, but what you need a prescription and a fortune to afford in the US is available over the counter and costs peanuts once you get south of the border.
Glad I did some homework. College and medicine are the two biggest US rip-offs. I'm only coming back if I can be a plumber and use the profits to buy a retirement pad in Colombia. They cost about $35K US all in for a one bedroom in Bogotá. Why make yourself nuts with real estate? The. less things you own, the fewer problems you have. But, "to each his own."
@Njliving22 I you're missing the point. This is implying that if you think being a plumber's customer is a rip-off, try being a medical patient.
😂😂😂😂
😢😢😢😢😢😢😢😢😢wawa
more of the "life/business" videos please Ben!!! I know you have a comfy boat for the summer!!
Ben you need more videos I’m tired of waiting for you for 2 weeks!
The amount of knowledge in these videos is insane 🧠 I constantly learn from these
You are so right about ownership being the key to creating wealth 💯
Great video. So much knowledge and insight on the do’s and don’ts. You can tell Ben knows it all because when he speaks on something he explains it so well.
Tell a friend to subscribe
We need to hit 1M
Upload more vids
You still haven't hit 1M. You have been so close for a long time now
Come to Corpus Christi tx,we got tons of properties for you to buy
Uncle Ben where you been, I'm a plumber yup time, materials, driving there etc etc I charge 350.00 $ labor you pay toilet and that's in town rate boston is different rate plus you evaluate logistics
No rafal
Yes more tick tocks love how you blend education and humor!
Ben is so entertaining. The editing is top notch too. Wow.
2:32 smooth product placement Mr. Mallah. stay smooth sir
Big Ben please talk more about Living Trust!!! I think this is important
Still learning
@@BenMallah Same here I talked with a lawyer about Trust and he didn't know everything! LoL dang lawyer had to look up tax codes!
@@BenMallah We are definitely way over taxed in America Land of the Free? Try Land of the Taxes
@@LaLaLucky7777- Did you go an Estate Attorney or Tax Attorney? There is a big difference. Also, you get what you pay for.
Honestly I’ll watch Ben no matter what my boy is doing.
I’m here for the comedy gold & brutal honesty.
SATX-
If I were mega rich I would just move to Monaco. No personal income tax. No inheritance tax. No property tax. The prices for a basic apartment are several million though. I think they only charge tax on corporations.
I love Ben. I love this channel.
Gosh, what a great gift he is to this world.
I am now craving a cigar. Gee, thanks, Ben!
Thank you for 0:11 & 4:58! Still cracks me up, every time!
Ben your the realest person on TH-cam. I love your outlook on life and family. Stay blessed and stay stay. Keep up the great content.
I'll never understand you people who think that you know how honest or how "REAL" someone is by watching a 15-20 minute video 2 to 3 times a month. These videos are for entertainment purposes only. You don't know who these people are in real life. Watching an EDITED 20 minutes of their life, once a week, doesn't tell you who this person truly is. Just watch these videos as entertainment and stop putting these people on a pedestal.
Hell Yeah I was waiting for a new video!
I was but avoid tiktok because its a digital plague, and spies on your phone hugely
Mr Ben Mallah, it has been a minute since you streamed a new video. Glad to see you again!
Bem Mallah G.O.A.T.🔥Best money-making content on the tube. Tells it like it is, No packaging, No schtick, No scheming, and No 'snake-oil'...thanks 🙏 Mr. Mallah
These videos, in terms of the education they provide, have never been better !
Bens pilots are also plumbers 😂😂
😂😂😂
ben will forever be a legend
I ran my own landscape business for two years full time. I still do handyman stuff here and there. My costs on the toilet would be as follows: toilet with sales tax $107.00..... pickup fee $50 (Im burning gas in a truck I pay 450/mo for plus insurance to haul stuff for people who drive compact cars and any store is going to charge you more if they deliver it).....miscellaneous parts $25 (you need to buy fittings and pipe dope to put in a toilet).... labor 2 hours @65 $130....disposal fee $50 (the landfill is going to charge a minimum of $35 plus its a 30 minute drive so I need gas money and something for my time) ........ Grand total $362 so ben isn't off here but people don't realize what the costs of doing business for a contractor is. You have to have a truck or van, have to have vehicle and contractor insurance, you have to buy gas, etc, etc. on the flip side if you install 5 of these toilets in a day you are looking at $1000 net profit but that never happens, lol
"can I go out and buy a 15mill jet FUCK YEAH!" - inspirational quotes from Ben
😎
He's right ! As a contractor things have changed. Double insurance cost, Double labor rate, fuel cost, Vehicle cost, Double parts cost, Time to get parts needed and other materials needed to complete the job etc. A johnny ring is like $20 in some stores. The labor isn't always the time on site. A trip to home depot for example can be 2 hours. For $900 he prob made $100 profit
LMAO, so full of it. A johni ring (note the correct spelling) is less than $4 retail and a plumber typically buys them in bulk at a bigger discount so it's $2 per ring. If you can't make $200+ in profit by charging $500 to do a simple toilet replacement of a $100 toilet you're terrible at your business.
What if you own a plumbing outfit you usually have accounts with plumbing supply houses and you get your toilets water heaters etc and all of your parts also too no professional plumber doesn't go to Lowe's or home Depot and if a plumber tried to charge me 900 dollars for a toilet installed even if he took my old one out and installed the new one it should take a professional plumber no longer then a hr tops I would tell that plumber trying to charge me almost a 1000 dollars wow you must be smoking crack I would play 350tops
Here in the UK the inheritance allowance is £325k, plus £175k on a house, so £500k x2 for a couple, about $1.27m. You pay 40% over that.
WWWW Ben we love you you saved the night fr
I worked for a company $1100 for the cheapest toilet and install. Its all about sales not plumbing
I have a plumbing business. We would be out of business in 3 months if we were charging $900 for a wc install. Customers need a value proposition. Unfortunately they already have a value in mind that you cannot not change no matter how much you prop up your business. We charge a flat rate of $99/hr plus materials. We do a 50% mark up on materials. Plus a van charge/fuel charge. A wc usually comes out to about $500 to $600 for the install. Depending on the wc. I can understand where he is coming from regarding warranty and such. But we pretty much warranty all the work we do for life. Google is a double edged sword. If we dont go back and fix a problem, even if its not our problem, the customer will give us a bad review. So all in all, dont start a plumbing company right now. LOL
Ben thanks 🙏 for your knowledge
@BenMallah_00 what did I win Ben lol
I’ve definitely paid $900 for a toilet to go in 😂😢
Ben always on point. Great video! Happy 4th of July ❤🇺🇸
You are THE BEST Mr. Mallah !! 👍
These are great. Thanks Ben!
11:03 What episode is that in where he views the Manhattan condo????
Awesome thank you. I always learn something from you.
Thank you for this series
The guy said he bought it for $50 million and he's listing it for $87 million. He said he spent "millions and millions of dollars" fixing it up, but he never actually said how much total money he spent renovating. How do we know he doesn't have $35-40 million tied up in expenses for this property? And just because you're "listing it for $87 million", doesn't mean you're getting $87 million for it. But this is what these "fake gurus" do when they want you to believe that they're more successful than they actually are. They give you the price they purchased if for and the price that they're listing it for...but they don't give you the money that they are actually out on the property.
I doubt a parking lot and a facade cost him 40 mill, more like 10.
So after taxes expenses etc maybe hes taking home $10 20 mill? Not bad for making a few phone calls n a few emails...
@MrBricktop32 you're a clown if you think that's all is involved in such a situation.....
@@VikingSheltersyou are a clown if you believe that idiot purchased a property that included a Walmart and McDonald's. Does not work that way with those two brands
i lost it at the edit of ben in the plane at 0:12
Ben doing the Factor commercial is hilarious. Like in a good way.
When he said this guy is full of shit 😂😂😂
This guy is great entertainment
Like the format from your buddy in pass a grille!
Yess!! Finaly a new video. Fugg we love you Ben 😁🙏🏼
More reaction vids! Ben's the reaction vid king!
2 weeks no video common Ben!
Almost @ 1 ‘million!!!
This was great Ben and team... recommend to do more
“We have run out of goat cheese and marmalade, I don’t know what we’re gonna do”
Glad your back.
Changing a faucet, garbage disposal or even a toilet isn’t really a licensed plumbers job-that’s handyman stuff. You shouldn’t pay more than $40 a hour for a handyman. They usually have a 2 hour minimum. You’re an idiot if you call a plumber for anything other than designing drain systems and proper venting and moving water lines. All their stuff is easy EXCEPT drain system design. If you’re moving water lines call a plumber bc they are insured for that-handyman ain’t….I’m an electrical contractor and GC moving into real estate…don’t call a handyman for electrical.
The living trust is a good way to keep the inheritance from being taxed and its able to be willed
Mallah for president 🇺🇸
Hey Ben is your factor code valid in Canada?
The first plumbing TikToker.
Tell me you've never done a commercial job without telling me 🤣
I'm not getting notifications for Ben's videos! Wondered why I hadn't seen anything in a month!
This is the realest 19 minutes on the internet all FACTS
Factor meal deal looked small,not bad for a snack while cooking dinner
@@marksocials97 yes I agree,I could eat 6 of them easily
It's a sponsor. Ben Mallah doesn't believe any of the crap that he's saying but he has to say it in order to get paid by Factor. Subscribers don't want to believe that their TH-cam heroes would sell out like that but, NEWS FLASH...TH-cam videos are all about making money. These videos are not made out of the goodness of their hearts.
@@scottmichaels12 no shit, do you Think I was born yesterday
It ain’t bad I’ve tried them but id rather use a local company but they were good tasting and i love that they split protein and veggies
@@scottmichaels12yes and no. I don't believe that every successful TH-cam person started out making money. Successful ones just do. Money being addictive causes content creators to alter their content. Personally believe that sponsorship is probably a better way to cash in versus monetization where it takes more content for the same return, more rules, and Google always ready to pull your ability to monetize. However I think that the ability to make money on TH-cam has made TH-cam a great channel. People making great videos not controlled by Hollywood. TH-cam has basically broken the Hollywood monopoly on entertainment.
15:40 You know, the lady not doing her homework, not finding out how much she will be forced reocurringly, every year in form of "property tax" to keep her home is one side. Yes, she should have done the research, finding out how much is taken away from her every year, how much lifetime she will use by them taking it. But the other hand tells me: The average joe does not research that, because it's totally unnatural und not right that this happens. As stated in my other comment: The founding fathers would probably turn in their graves, looking at the land of the "once" free with all this enforced payments, where property tax is paid after taxes on productivity (labor), and pretty much also on everything else. To me this is very sickening, while I am aware that there are many who for whatever reason find this acceptable to work 50-80% of their life for the government...
I like the reactions but if you could add a second video how do you guys normally go around that would be great.
The man is back!!! 😎
I LIKE TO BUDGET BABY, hell yeah go ben! the realest on youtube !
You are the best. No bullshit advice.
When are you going to come and visit Australia? And what are you going to do to celebrate when you hit 1M subscribers on TH-cam?
18:32 free vacant space
Lol, I needed a good laugh tonight Ben...ty...
14:33 Taxes for ones roof: Criminal to me. Why? Because if you don't pay the enFORCErs are coming and pulling you out, taking the home away from you. To me this is an annual theft, modern slavery. A free society would never be forced to pay an annual fee for their own home. Simple. Yes, yes, there are services which need funding. I agree, but not in the way that one looses his roof. And then I don't see that all the enforced tax is spent wisely. If we want local police, firefighters, etc, let them state what they need to maintain the service. If not paid by the public, service will be reduced. Simple. If founding fathers would already have started a new war of independence, I assume. They fought against a tea tax? What would they have done if they would have been forced to pay tax in the income from their labor, tax on every product they purchase, tax on their land/home, and tax/fees for bureaucrats to ask for permission to do/build anything? As far as I see it: They would turn in their graves if they see where society went (by going along), after they FOUGHT for freedom... Constructive thoughts?
Thank you Ben. I learned something new.
Next Part please
Great insights. Thanks for the video.
Love these reacts videos!
This was a good educational video. Thank you for sharing
He's got the fancy "microwave"
5:40 😂😂 Ben never Loses
Plumbers are the biggest scammers.
A good plumbing company runs at 30% overhead. If we want 20% Net profit we need to shoot for a 50% gross margin. That means with your numbers $200 in materials + $100 in labor, the cost of the toilet would be $600. But then we need to factor in efficiency. Service Plumbers don't bill out all of their time. They have time between jobs, time restocking their vehicle, time building estimates for jobs that don't convert and time doing training. So that plumber has to work 3 hours to bill out 2 hours. Somebody has to pay for that time and if the business wants to maintain Net margins then the customer is the one who has to cover that time. So your $600 toilet is now $700. On top of that most plumbing companies wouldn't install a $100 piece of junk toilet from home depot. If you install a half way decent toilet that cost $200 you have to charge the customer $900 to maintain 50% gross margin and 20% net margin. If you want it cheaper... Do It Yourself.
$900 “fukin doctors aint making that!” 😂
I love planes and was a private pilot, but you can’t live in a plane the yacht if things go bad you’ve got a mobile home that makes it’s own water and electricity if there’s some kind of natural disaster or civil unrest.
Do you have Home Depot break down the cost into their material and labor cost? I’m and industrial contractor and you can get your bid two ways. A total bid or a man hour rate. If you want a man hour rate, you are responsible for all the logistics and cost of materials. If you handle materials, and anything doesn’t show up on time or is wrong, the man hour rate doesn’t stop. I add value to your business that cranks out tens of millions of dollars a year in profit and I will be compensated handsomely. You can buy the discount guy or you can buy the best.
That's why I like you respect etc
Mr. Ben Mallah, long time since last upload