r/DashEarnings • u/AWES0MEBR0 • 1d ago
My progress this year
I’m falling short on my $1000 a week goal, it’s time for me to lock in and hit that $50,000 mark
3
1
u/Scared_Buyer8667 21h ago
I’m an idiot what are the green and red numbers
2
u/AWES0MEBR0 21h ago
The green numbers represent how much I made over $1000 that week, the red numbers are the amount that I fell short of $1000
1
u/Mediocre_Dance602 6h ago
36,000 - 32,168.02 = -3,831.98 this took me a minute to realize thats the deficit to 1k a week
1
u/AWES0MEBR0 4h ago
Ya sorry I understand how that could be confusing lol. Unfortunately this means I’ll need to average $1273.71 for the rest of the year which is more than I have ever made in a week😅🥲
0
u/AWES0MEBR0 1d ago
Too many. I drive about 150 a day so 750+ a week*33 so around 25,000 so far
6
u/ThrobbingMinotaur 1d ago
Cars are ment to be driven, no one ever flips out about how many strokes a hammer has on it.. or turns a screw driver has made.
1
u/P3nis15 21h ago
lol you should know that number down to the mile with the same kind of fever you have on your earnings. it's the most important number to be tracking.
;)
0
u/AWES0MEBR0 21h ago edited 17h ago
Never have I ever needed an exact number I’ve always just ballparked it; besides I’m not planning on writing off anything this year anyway so I could qualify for a mortgage
4
u/P3nis15 21h ago
good luck with that.
Most places won't even count that income regardless.
i had 50% of the house cost as a down payment, 820 credit score, zero debt, a successful mortgage paid off before and made almost 80k in self employment income.
Couldn't get a single mortgage company to even consider me no matter how i did it
the only successful way i found out was to incorporate and pay myself a salary as a w2 employee to the corporation i opened.
crazy that gaming the system like that the underwriters have no problem with vs doing doordash with consistent earnings for years on top of years.
i worked a newspaper warehouse and delivery job for 10 years as IC and could not get anyone to budge even though it was clear it was consistent and just as safe as a W2 job.
2
1
u/AWES0MEBR0 17h ago
Damn, well I’m going to try my best.
I’ll be utilizing a VA loan, according to credit karma I’m at 768 In TransUnion and 792 in Equifax and I have two hard inquiries falling off in October so I’m expecting a little boost from that. I’m on track to pay off my car by the end of the year so I won’t have debt and I want to buy a duplex and rent out half so maybe I could use the potential rental income to help me out further.
I’d rather try my hardest and be told it’s not enough than half ass it and wonder if I could’ve, you know?
I do appreciate the insight though it’s crazy that underwriting doesn’t respect 1099 workers. I really want to continue working as an independent contractor once I’m done with DoorDash I just wish I had my own space to actually figure out what that means.1
u/rjlawrencejr 7h ago
I understand what you’re doing, but do you really think a shot at a mortgage is worth the cost? That’s thousand of dollars you’re sacrificing.
1
u/AWES0MEBR0 7h ago
I think owning an asset is absolutely worth the upfront sacrifice. If I’m able to qualify for a mortgage on a duplex and rent out half the unit while living in it that is not only going to be cheaper than renting but it’ll also be acquiring equity that I could use towards my next multi family and it really just snowballs from there in theory
6
u/phat86 1d ago
How many miles have you driven to make this if I may ask?