During last weekend’s episode of 90 Day Engagement: Another WayDaniele investigates Yohan’s business and finances.
What he saw worried him. Part of the concern is about the actual product, but the financial situation is scratching his head.
Fans delve into Daniele’s finances, revealing his bankruptcy filing and possible motives for his newfound desire to live in the DR. It all seems strange, especially if he refuses money with this move.
But despite the questions and criticism from fans (and loved ones), Daniele explained that his plans have made him a strong financial success.
In Season 4, Episode 2, Yohan Geronimo brings Daniele Gates to see his butcher shop. He takes pride in his business, and hopes his wife feels the same way.
But when Daniele saw the raw meat sitting out, unrefrigerated and in the open air, pride was not on his mind. The flies didn’t help either.
Yohan insists that this is no cause for alarm. Meanwhile, when he tells her that this practice is common in the DR, Daniele makes the cut. This that’s why he got sick many times.
But the talk about Yohan’s workplace is more than just, you know, the presence of bacteria.
Daniele took Yohan’s book. After all, they are married, which means their financial situation has an impact on others. At least, in theory.
After transcribing the handwritten ledger into the budgeting software, Daniele expressed confusion. Yohan may be working two jobs, but he knows that he spends more on running this business than on sales.
Meanwhile, as we previously reported, it turns out that Daniele’s problems with the cost of living in New York are bigger than they indicated.
The cost of living, including the exorbitant rent (which is mentioned in the show) exceeds the income by more than $1,000.
Combined with other debts (including student loans), Daniele has six figures in debt. And filed for bankruptcy. With that in mind, it’s even clearer why he’s looking forward to a fresh start in DR.
Daniele has taken to her Instagram story to address her fans’ confusion. Why did he turn down more money by leaving New York? Why is DR the best choice?
“I get a lot of feedback from people I know in real life and people I don’t know,” she admits.
This is feedback “about my statement on the show about my retirement and I’m not worried about $15,000 a year.”
We can remember, Daniele said goodbye to an extra $ 15,000, surprising his friends when he said that it does not mean.
Daniele details a hypothetical plan to borrow $100,000 from New York City municipal employee pensions. He could invest in a property in the Dominican Republic and rent it, he said, for $1,000 a week. It’s supposed to be for tourists.
Assuming he has no overhead (as it were), he believes he can make $50,000 a year.
“So in two years, the apartment will be paid for, right?” Daniele suggested. If everything goes exactly as envisioned, it might.
“So, let’s start, I now have $100,000 in equity in real estate in two years and I’m 43 now,” he continued.
Daniele considered the costs, suggesting that he would make $40,000 in annual profit from being a landlord.
Daniele then mocked the critics, sarcastically asking “is $40,000 more or less than $15,000?”
They believe that passive income plans will work. It should work, although there are some risks involved.
Regardless, it looks like Daniele lives in the DR. At least, all of her social media seems to hint at it.