Posts by William Morgan

Alright, thanks. Since I'm staying right near the apartment, I really should go check out some other reviews to see what people are actually saying.

Hi there,

An opportunity just landed on my desk to manage two beachfront vacation rentals owned by Russ. The deal is structured so I get a 9% cut, while they take the remaining 91%.

Can anyone point me in the right direction regarding the type of contract I should be signing with them? Am I allowed to draft the agreement myself—making sure all the rights and responsibilities are crystal clear—and then just take it to a local notary to have it notarized?

Or is there a more professional way to handle this?

I’d really appreciate some help here! Thanks.

crimsonsurfer2 said:It’s a depressing reality—most people have egos so fragile they physically cannot process certain truths.
I steer clear of those types entirely or keep them at arm's length with nothing but surface-level small talk. 🕺

Someone mentioned somewhere that when people stop trusting anyone, it's either because they were burned badly or because they're the ones playing games and lying.
I think that hits the nail on the head. ☕
I remember an old friend who turned into a total roommate type—someone who lived a double life through constant, elaborate lies. He was actually quite good at it.
He made a point of keeping everyone at a distance, but once he let his guard down with me, I saw just how deep the deception went.

I wasn't even angry; I just felt sorry for him.
He thought he was some big-shot celebrity, but he wasn't exactly at the top of the food chain.
There are plenty of much more successful people out there, so I suspect he used those lies to mask a massive inferiority complex.
He was fun to be around, sure, but the lying eventually killed any desire to hang out. There's zero point in investing time in someone you can't trust.

To be fair, I occasionally sugarcoat things myself, but then I get paranoid that the truth will come out. Even if it's just trivial stuff, my brain imagines the fallout being way more brutal than it actually would be.

I could never be a full-blown liar; the guilt would eat me alive, making it impossible to look anyone in the eye.

So, I stick to those tiny, "necessary" white lies—like making an excuse because I don't feel like going out, or saying I'm running late, or declining to lend out my favorite sweater.

You can't build a solid relationship on a foundation of lies. In my book, dishonesty is even worse than jealousy. 👎

I just don't buy it. I don't trust anyone besides my own mother, but I would never dream of deceiving someone, nor have I been burned badly enough to be dwelling on it right now.
Here is what I actually believe:
I am incredibly good at reading people. People can spout so much garbage and lies every single day that you almost instinctively start feeling skeptical the second someone begins talking—especially when they start bragging or acting superior.

Is there any way to check a tracking number to see if a package was actually sent TO ME? Someone claims they already shipped it out, but I really want to verify that for myself.

wearytrucker22 said:It would be cheaper for you to just set up a sole proprietorship and handle your own bookkeeping.

I’ve got about $100k tied up in my apartment, and honestly? The idea of starting a business scares the hell out of me because my personal assets are on the line. Even if I had total control over everything, my parents worked their fingers to the bone to help me get this place. I could never risk putting that at stake.

@Ashley Mendoza6
The nature of this business really requires people to trust me. I'm offering something that makes their lives easier—essentially, I'll be doing the heavy lifting so the company itself becomes the reliable factor. But I totally hear where you're coming from. Maybe I'm overthinking it? Maybe they won't even care? It's hard to know until you're actually in the thick of it. At the end of the day, I have to find clients first. You can't exactly launch something and then try to pay the bills out of thin air... meh.

You only ever show up when there’s something to complain about. Hahaha 👍

Everything is fine; I know exactly what my next move is. I've got the flyers ready and clients are already lining up. Once I land a solid contract, I’ll officially pull the trigger on opening the business. I know I'm taking a bit of a gamble by working with a client before I have my LLC set up, but I’m going to reserve my business name right now just to make sure everything stays organized while I navigate the paperwork.

Look, friend, I get it. It’s a massive headache, and you’re clearly feeling totally discouraged. But I'm new to this. 😁 My biggest advantage? Honestly, I have a family behind me that has worked their way up the ladder and built real wealth, if you know what I mean. But I want to build something from nothing without leaning on them. It’s going to be great. Let's do this!

Quick question here. I was under the impression that if you run an LLC without any employees or actual revenue, your monthly overhead would basically be zero. But now I'm reading that since I'm the sole founder and director, I'm still on the hook for my own social security and health insurance contributions—especially since I'm currently unemployed. Would it make sense to just opt into the minimum gross salary right away to keep those costs as low as possible?

Is it true that even with zero income, I'm still stuck paying for health and pension insurance plus my membership fees to the U.S. Chamber of Commerce?

Henry Edwards33 said:Here you've got all these wonderful experts who apparently know everything about everything 😉

Thanks. This forum really feels like a fantastic place to turn when you need a little extra help with something. 👍

mistyraven20 said:Look, I’m saying this with the best intentions—honestly, just so you don't run into trouble later—but I have to point out the contradiction here. You claim you're "great at accounting," yet most of the questions you asked in your first post suggest otherwise. Personally, I would never call someone a skilled accountant if they were asking those kinds of fundamental questions. That’s stuff you should expect your accountant to explain to *you*.

College knowledge and actual hands-on experience are two totally different beasts. It might be a smart move to consult with a seasoned, pro accountant before you dive headfirst into the job.

I get the bookkeeping side of things, sure. But all these overlapping, messy regulations that pile on top of everything else? That's a different story. You have a point there.

I’ve got a solid handle on the accounting side of things. Even if I have to spend my time crunching numbers on paper just to stay ahead before the revenue starts rolling in, I'm ready.
There are going to be plenty of small hurdles along the way, but I’m prepared. Let’s do this. No one else in America is going to hand me success on a silver platter. It’s going to be one battle at a time.

Ashley Mendoza6 said:http://www.sba.gov/

Look, I’m honestly not sure what part of this is actually stressing you out. 🤔 You haven't even mentioned what kind of business you're planning to launch yet.

I.

P.S.

Don't lose sleep over potential fines. If an inspector shows up with a warrant to penalize you, they’ll find *something* regardless. 😬 For example, they might claim your restroom doesn't have a properly sized shelf for handbags. It’s all just bureaucratic nonsense.

Nothing specific is keeping me up at night, just the little things. For example, am I legally required to rent space from myself and sign a formal lease agreement for a tiny 20-square-foot corner of my own apartment?
Do I have to pay taxes or U.S. Chamber of Commerce dues if I have zero employees and zero revenue starting out? Can I handle my own bookkeeping since I graduated from Wharton School? It's just a mountain of small details. 🙂
Still, I figure when I hit a wall, I can just pop back into this thread. I'm sure one of you will have the answer. 😁

I’m a total newbie here. I honestly believe my business idea is solid and straightforward, so I’m officially filing my LLC paperwork next week. There aren't any massive upfront costs, and while the initial income will be slim, it’ll be plenty to get by in this economy. I'm looking at roughly $233 per month from each client. If I can land just 10 clients, I’ll be "set," as they say. 😵 I’ll be absolutely thrilled, though I know there's much more potential out there.

But here’s the QUESTION!
Which websites should I be hitting up when I run into something I don't understand? Where can I go to actually learn the ropes? Specifically, where can I stay plugged into everything happening with the Small Business Administration on a daily basis?
In just the last two months, I’ve picked up more practical knowledge than I did during my entire college career. Yet, I still feel like there’s a massive void of information out there, and frankly, that scares the hell out of me.
I know I’ll learn as I go, but I really don't want my learning curve to involve $667 getting hit with a massive fine because I missed a payment or messed up a filing.

Ethan Lee96 said:Could someone please tell me what the Dreamers group is like, or what they used to be called when they were known as djir ??

I'm actually hunting for a band to play a party, and I've stumbled across this group online a few times. Honestly? The vocals are just awful. Especially the lead singer. What was that?

Hey everyone!
My wedding is set for June 20th, and we’re keeping things a bit more intimate with about 60 guests. Because of that, I’m on the hunt for a smaller, high-quality band with truly amazing vocals. The groups I originally had my eye on are already booked up. Please, please recommend some bands or even a few different options? I'm starting to panic a little thinking I won't find anyone in time... 🤦 Thanks so much in advance for the help! 😉

David King72 said:how many people

100

How much of a wait am I looking at for a wedding venue? It doesn't need to be absolutely flawless. Ideally somewhere near San Francisco. Also, does anyone have any solid recommendations? Based on your own experience, how many guests usually show up once you factor in everyone who brings a plus-one?