during last weekend’s episode 90 Day Fiancé: The Second WayDaniel delve into Yohan’s business and finances.
What he saw worried him. Part of it was concern about the actual product, but his financial situation left him scratching his head.
Fans delve into Daniels’ finances, revealing a bankruptcy filing and a possible motive for her newfound desire to stay in the DR. It all sounds weird, especially if she’s losing money on the move.
But despite questions and criticism from fans (and loved ones), Daniels is explaining that his plan makes solid financial success.
On Season 4, Episode 2, Yohan Geronimo brings Daniel Gates to see the butcher shop. He takes pride in his business, and hopes his wife feels the same way.
But when Daniel saw the raw meat sitting outside, without a fridge and in the open air, he was not proud. Flies didn’t help either.
Yohan insisted that this was no cause for alarm. Meanwhile, as she tells him how common the practice allegedly is in the DR, Daniels puts the pieces together. This That’s why she has been sick many times.
But the conversation about Yohann’s workplace was about much more than the existence of bacteria.
Daniel flips Yohan’s books. They are married, after all, which means that the financial status of one affects the status of the other. At least, in theory.
After typing his handwritten bookkeeping into his budgeting software, Daniels expresses confusion. Yohan may be working two jobs, but he definitely felt that he was making more money running this business than he was selling.
Meanwhile, as we previously reported, it turns out Danielle’s issues with the cost of living in New York were even greater than they’ve been sharing.
Her living expenses, including her hefty rent (which she mentioned on the show), exceeded her income by $1,000.
Along with other loans (including student loans), Daniels had six-figure debt. and a bankruptcy filing. With that in mind, it’s pretty clear why she was looking forward to a fresh start in DR.
Daniel has taken to his Instagram story to clear the confusion of the fans. Why did he turn down more money by leaving New York? Why is DR his best option?
“I’m getting a lot of feedback from people I know in real life and people I don’t know at all,” she admitted.
This is a response to “Regarding my statement on the show about my pension and I’m not really concerned about the $15,000 a year.”
As we can recall, Daniel waved goodbye to the extra $15,000, surprising his friends when he said it wasn’t that much worth it.
Daniels details a fictitious plan to borrow $100,000 from his New York City municipal worker pension. She could invest in a property in the Dominican Republic and rent it for, she says, $1,000 a week. Possibly for tourists.
Assuming she has no expenses (of any kind), she believes a year could bring in $50,000.
“So in two years, that apartment will be paid off, right?” Daniel suggested. If everything goes exactly the way she thinks, maybe.
“So, let’s start there, I now have $100,000 in equity in real estate in two years and I’m currently 43,” she continued.
Danielle took into account the expenses, suggesting she would make a $40,000 annual profit from being a homeowner.
Daniels then mocked his critics, asking sarcastically “is $40,000 more or less than $15,000?”
He believes that his passive income plan will work. It certainly can, although it obviously comes with some risks.
Regardless, it looks like Daniels is living in the DR. At least, that’s what all of her social media points to.