My Profit Venture Unrolled

Danthebull

Danthebull

Well-Known Member
Man. That was a great read.

Currently, lets just say a friend for now is going in the same direction apart from he's always been on his own ( no partners ), But as a well educated person with a full time job, who stands to loose everything if caught. Is going to grow for the next couple of years for profit. But this is just to set himself up in property. Said person. Is on his second grow with 2600w of lighting in a well built room. His first grow yielded over 100 dry Oz's. The second grow is a bit of an experiment to see what other ways of growing this special plant can yield in the same place. And then its on to a perpetual for the next few years. Said person is going to use this time to bank the cash that flows in through various method's to a savings account where the cash can mature.
Once there is enough in the coffers to start buying a few properties then he's going to drop out growing and concentrate on buying to let and making profit from profit. And always having the nest egg's in bricks and mortar.

Fingers crossed everything goes well and he reaches his goal......

peace yall......
 
L

LowProfileOne

Member
Free advice:

Don’t look, talk or act like a “homie”. This will automatically cast suspicion upon you. Most people who causally know me (co-workers, neighbors, etc) think I’m a Mormon because of the way I look, dress, act, speak. If you present yourself as a straight up character, you will be treated as such. So when neighbors smell skunk coming from my house, they will automatically think “no, not xxxxx, he’s not the type, must have a skunk problem”.

To: Danthebull
Your “friend” is smart. Real estate is a great way to clean up your money, You can buy a ‘fixer upper’, invest cash into the remodel and sell at a profit. Now is the best time to buy! Currently, I have an accepted offer on a house (3rd currently owned) and I’ll be paying cash. Speaking of cash, you don’t really pay cash for a house, you have to have a check(s) at closing.

Money laundering 101:

Buy money orders!
Have a real job. Part time or full time is OK. Put all that money into the bank. Pay cash for food, gas ect. Buy money orders to pay for your credit card bills or rent/mortgage.

Clean Cash:
I have bought tens of thousands (maybe hundreds?) worth of money orders. Go into any grocery or box store and buy two $500 money orders. 99% of the time, no ID needed. The one time I did need ID, I knew to never go back to that store. Do that at two or three places, and in a few hours, you have 2-3 thousand worth of clean checks. Make them out to yourself and deposit that into one of your checking accounts. Don’t go up to the window, mail them in or deposit them into the cash machine. Have two or three (or more) bank accounts. You can also mail these money orders to your creditors.

How many times have you read in the paper that some idiot deposited a few thousand of stinky cash into their own bank account, and then the bank teller calls the cops and BAMB-Raided! You might not smell anything wrong with the money, but trust me, women can.

I did this with one of my other houses. Paid with three checks at closing. Not a second glance. Dress the part and speak well.

Jesus, I miss those days. Cash is the real addiction.
 
Johnny Retro

Johnny Retro

Well-Known Member
I dont get how you buy these money orders and somehow they just turn to clean checks? Would it not be suspicous depositing thousands of dollars in money orders in a checking account. Wouldnt the government wonder where this money is comin from?
 
Serapis

Serapis

Well-Known Member
Johnny Retro said:
I dont get how you buy these money orders and somehow they just turn to clean checks? Would it not be suspicous depositing thousands of dollars in money orders in a checking account. Wouldnt the government wonder where this money is comin from?
Click to expand...
I'd rather deposit money orders than wads of cash. If you think about it, money orders are perfect. You are converting cold hard cash into currency in your bank account for safe keeping without raising a lot of suspicion. By having a few accounts, you can even move money from "satellite" accounts into your central account. Just have to watch for that magical limit of $10k
 
Milner

Milner

Active Member
That was a truly awesome story. :)
You should write a book man. No shit that's the best thing I've read. But saying that having your name as the Author on the bestselling book... probably isn't a good idea. :D


Kinda makes me not want to get into the trade... As for the paranoia you get while smoking too much weed... I get that of thinking about police raiding my house for just smoking the one plant I grew. But at the end of the day it's just paranoia. It keeps you careful. MJ is wise.

You living in America I assume? I think growing in England will be harder... The 5-0 have helicopters flying around looking for unusual temperatures coming outta houses with a thermal camera and later investigate. Also I saw this thing on TV the other say where some sad cop busted this guy by spending ages on Google Street View looking at peoples houses looking for condensation on the windows or some mad shit...

Please accept my friends request so I may easily find your wise words.
 
Milner

Milner

Active Member
Also:
wiz of oz said:
my homie tried that rout...1 yr jail
Click to expand...
LowProfileOne said:
Free advice:

Don’t look, talk or act like a “homie”. This will automatically cast suspicion upon you. Most people who causally know me (co-workers, neighbors, etc) think I’m a Mormon because of the way I look, dress, act, speak. If you present yourself as a straight up character, you will be treated as such. So when neighbors smell skunk coming from my house, they will automatically think “no, not xxxxx, he’s not the type, must have a skunk problem”.
Click to expand...
PWNing and givin advice at the same time.
 
Tacklebox

Tacklebox

Member
Great share man - a very interesting grow story you have there. And some good words of warnings to other would-be growers out there.
 
guy incognito

guy incognito

Well-Known Member
I am also confused as to how a money order is any better than cash. It's the source of the income that comes under scrutiny, not the physical cash itself. Constantly depositing money orders is just as suspicious as depositing cash, and you have exactly as much explanation to back it up as you do cash. How were you planning to explain yourself if they called you out on it?
 
bluntmassa1

bluntmassa1

Well-Known Member
Johnny Retro said:
I dont get how you buy these money orders and somehow they just turn to clean checks? Would it not be suspicous depositing thousands of dollars in money orders in a checking account. Wouldnt the government wonder where this money is comin from?
Click to expand...
ya that don't seem right to me say you have $100,000 in cash to launder in one year even with money orders and your not paying taxes I don't care how many bank accounts you own the IRS will wise up soon or later. the best way would be to open a cash buisness but still if your main source of income is growing weed then your not gonna want all your money in the bank cause the goverment will take everything you own weather ligit money or not if you get poped. so the best way would be to invest in some precious metals and spread out a few different stash spots deep in the forest state forests would be a plus too and bury it. that way even if you do hard time your still gonna have plenty money when you get out and a good chance the value of your precious metals will rise over that time.
 
Gibb

Gibb

Member
The IRS isn't interested in $500 money orders in one account a few times a month. They've got bigger fish to fry. $33,000 in one year? I think maybe some small timers misunderstand the size of the average IRS suspect. $10,000 is auto-flagged, but that doesn't mean they go after even 10% of the flags that come up, they only have so many people doing it. They either go after the easy fish ("homie" who puts $9,999 into an account one a month despite his IRS return telling a different story) or the big timers, who are embezzling huge sums and covering their tracks, which the IRS detectives get to track down.My uncle (a smoker himself) used to be a certified IRS senior agent, you wouldn't believe some of the stories he's told me about. The greedy and stupid are caught. Joe Laundromat isn't. Diversify. Buy stocks. Buy bonds. Buy T-bills. Buy into numerous small hedge funds, buy gift cards at one supermarket and use it at another, while grabbing a money order to put into one of 3 bank accounts at credit unions. Buy gold and silver and platinum and paladium from a dealer for cash at a coin and jewelry store. Keep a jar full of cash out in a field owned by your uncle with $25,000 in it. Keep track of it all with a close eye and never forget where you put it.
 
B

BlissCannabis

Member
Fascinating story! Thanks for sharing :) best of luck on your new journey... and congrats on kicking that cocaine habit. I know that's tough.
 
You must log in or register to reply here.
Top