The Struggle to Own a Home: Navigating a Broken System as an Entrepreneur

Originally Posted 2023-03-08 Ever feel like owning a house is an impossible dream? I’m sharing my journey, highlighting how even running two successful businesses doesn’t guarantee a ticket to homeownership in today’s market. From hurdles like needing three years of business income to unexpected criteria and escalating house prices, the system seems broken. 🏡💸 Join me as I open up about living in my parents’ basement, striving to meet ever-changing requirements, and facing the irony of being able to afford an $80k pickup but not a home. Let’s talk about the real challenges young entrepreneurs face in the quest to own property. 🚚 Edison Motors: By Truckers, For Truckers! 🚚 Unlock exclusive perks by joining our channel: Visit our store: 🔧 Built by Truckers, for Truckers 🔧 Founded by Chace Barber and Eric Little in 2016, Edison Motors is a testament to the trucking spirit. Beginning with a 1969 Kenworth Logging Truck named “Old Blue,“ they journeyed from Merritt, BC, hauling logs to the Yukon and drilling rigs in Alberta. Frustrated with newer trucks, they rebuilt classics from the frame up, expanding into power generation and off-grid solar systems in 2019. Their journey led to the creation of the Edison Truck, a robust electric truck tailored to logging and heavy vocational industries. 🔩 Upgrade Without Replacing: Edison Electrification Kit 🔩 Keep trucks on the road longer with the Edison Electrification kit. Upgrade your driveline to electric without replacing the entire truck. Ideal for vocational applications, this kit is a cost-effective solution. Unlike other electric trucks, Edison Motors offers customer choice. Choose between Rebuilding (utilizing existing cab and frame rails) or Remanufacturing (brand new frame and chassis). 🚚 Payload Efficiency: The Weight Balance 🚚 Edison Trucks match the weight of a normal diesel truck. With reduced motor weight and additional fuel balancing out battery weight, experience efficiency and increased payload capacity. The L series, though slightly heavier, remains comparable to a normal diesel truck. 🛠️ Keep Your Equipment with Rebuilt Trucks 🛠️ For vocational trucks, keep your equipment with a rebuilt truck. Edison’s e-pto and control system integrate seamlessly. No need to replace your entire body when upgrading to an electric truck. 🔧 Bespoke Manufacturing: Handcrafted to Your Needs 🔧 The manufacturing process at Edison Motors is a testament to their commitment to customer satisfaction. Each Edison Truck undergoes a meticulous five-step process, from frame and rolling chassis preparation to final touches and rigorous testing. The focus is on building a truck that reflects the customer’s requirements, embracing the philosophy of “Building The Truck Of The Future With The Quality Of The Past.“ 🔌 Electric or Diesel-Electric: Your Power, Your Choice 🔌 Edison Motors offers both fully electric and diesel-electric vocational trucks based on customer demands. The onboard generator ensures continuous operation in areas lacking charging infrastructure. 💡 Advantages of Electric: Power, Torque, Longevity 💡 Edison Trucks bring increased power, torque, reliability, and longevity. Inspired by electric freight trains, regenerative ability harnesses energy for efficient uphill climbs. ⚙️ Efficiency Redefined: Diesel-Electric Technology ⚙️ Diesel-electric technology delivers peak load demand energy supply. Batteries initiate movement, and the diesel generator recharges the battery, capturing braking energy for restarts. The generator’s constant RPM eliminates turbo lag. 🌿 Environmental Benefits: Paving the Way for Change 🌿 Diesel-electric technology results in up to 70-100% fuel savings, directly correlating to a 75%-100% reduction in diesel exhaust. Smaller lithium batteries mean less environmental damage. Diesel-electric offers a practical transition to electric for energy-intensive trucking industries. Generator diesel engines ensure optimal fuel/air ratio, contributing to a hotter and cleaner burn of emissions. 🌍 Join Edison Motors on the Road to Sustainability! 🌍 #homeownership #EntrepreneurStruggles #RealEstateChallenges
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