found out today my buddy is going to make $800k this year

Sep 11 37 Comments

My old boss and now climbing buddy told me how much he’s going to make this year. He literally knocks doors for a living, finding exterior storm damage (hail, wind) to roofs/siding. He gets the insurance company to pay for the job and works as a 1099 contractor to a local roofing company, feeding them the work.

just blows my mind. TC 193

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TOP 37 Comments
  • Facebook public2
    Sounds low tbh. When janitors make 300k. Construction and labor should make a lot more.
    Sep 11 18
    • Cerner RMuh72
      There’s a massive difference between “well paid” and believing roofers are clearing $800k.

      All data points to roofers making $50k or $22/hr. Take a specialized roofer and making $40/hr would be generous. Very few roofers make more than $100k.
      Sep 11
    • Facebook public2
      Yep bay roofers only start around 85k a year or 42 bucks an hour. As you become senior and especially when you start your own company the sky is the limit. I know a roofer, he is in my car club.
      Sep 11
    • Cerner RMuh72
      Starting at $85k is a far cry from $800k
      Sep 11
    • OP
      Cerner I see you’re on a mission to disprove this, which is fine. He’s not a “roofer.” He finds contracts. Literally has never installed a roof. He’s a salesperson in the construction industry.
      Sep 11
    • Cerner RMuh72
      Yes, I’m on a mission to call out your “friend” lying and you for being naive. He does not make $800k.
      Sep 11
  • Microsoft whatdidyou
    Stop trying to inform the tech immigrants who know only about coding. Most of the engineers just want to think they are the only people making 6 digits and want to think other people make only as much as average household income. They barely talk to anyone outside of tech so wouldn’t believe these stories.
    Sep 11 1
    • IBM / IT IT 🎈
      I know that's right!
      Sep 11
  • New
    BigRon

    New

    PRE
    Microsoft, Google
    BigRonmore
    One of the richest people in Poland (still multi millionaire USD) is a bird seed wholesaler. Bird seed... He runs the business from his house. It’s all about the hustle
    Sep 11 1
    • Schonfeld / Eng
      9527

      Schonfeld Eng

      PRE
      Intel, morganstanley, citadel, etrade
      BIO
      coding monkey
      9527more
      Why? It sounds like he runs a monopoly business, I won’t be surprised even if he makes $100 million a year...But $800k for knocking on doors? Little fishy...
      Sep 11
  • Microsoft UMbR31
    I was told you get shot if you knock the wrong door in the US...
    Sep 11 4
    • Google / Eng 🍑☁️
      Yeah you just don't knock on those doors
      Sep 11
    • Microsoft UMbR31
      How would you know before you get shot? 800k sounds like a good pay for the amount of life risk in going to random American homes.
      Sep 11
    • Intel D’s🥜
      You know because there are trespassing signs, a shitty dump of a trailer, and lots of trash covering the lawn.
      Sep 11
    • Google / Eng 🍑☁️
      Jokes aside, nobody actually just gets shot for knocking on a door. People might *threaten* to shoot you if you're in a bad neighborhood, but bad neighborhoods are not where you would be selling this sort of thing door-to-door.
      Sep 11
  • Schonfeld / Eng
    9527

    Schonfeld Eng

    PRE
    Intel, morganstanley, citadel, etrade
    BIO
    coding monkey
    9527more
    Sounds like BS...
    Sep 11 1
    • OP
      Why would I post this if it wasn’t true lol
      Sep 11
  • Amazon Vulgar
    Well, hail.
    Sep 11 0
  • Salesforce FTRi65
    He could be a public adjuster. They can take 30% of the insurance payout. 5k damage, insurance pays 10, he keeps 3, you pay 5 to the contractor and keep 2. Everyone wins. Do that a few times a week...
    Sep 11 3
    • Deloitte uAag27
      That’s insurance fraud, it would not withstand an audit.
      Sep 11
    • Salesforce FTRi65
      How? This is the definition of a licensed public insurance adjuster:

      Most public adjusters calculate their fees based on a percentage of your total claim, which gives them incentive to maximize your insurance payments. Fees vary across the country but, for example, an adjuster may charge 20 percent for a $20,000 to $30,000 loss and 10 percent to 12 percent for a loss over $100,000.
      Sep 11
    • OP
      He’s not a public adjuster, but meets with insurance adjusters on a regular basis
      Sep 11
  • Schonfeld / Eng
    9527

    Schonfeld Eng

    PRE
    Intel, morganstanley, citadel, etrade
    BIO
    coding monkey
    9527more
    How did that janitor hustle? He found a loophole in the system and exploited it, but he did spend all that time at work...
    Sep 11 0
  • Cerner RMuh72
    No he isn’t.
    Sep 11 0

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