Lack of Talent in the Market Due to Onlyfans

[+ RJD]

True. I’m baffled by the “why” of this.

 

But 10 years ago who had heard of Kylie Kardashian.

 

I don’t usually long for the “good old days,” but to go back in time when the name Kardashian was only associated with one of OJ’s defense attorneys....good times! ?

[+ JEC]

From https://onlyfans.com/how

 

If you had 10,000 followers paying $14.99/month then You could earn between $1,499 and $7,495 per month*

*Based on estimate of between 1% and 5% of your followers subscribing. Earnings figure does not include income from tips and PPV messages.

 

If you had 100,000 followers paying $20/month you could make $20k to $100k per month.

I heard that the site keeps 50% of the take, which is a huge amount for them. I saw Dillon Anderson post about a year ago he was making $15k / month on OF. Hes probably north of $20k now.

 

In part this market was created by the sub-par product the studios have been putting out. Many of the vids on the fans sites the guys plan, shoot and edit themselves. The product can be a bit amateurish, but the sex is hot AF b/c it's not being staged by or interfered upon by the studio directors and photographers - it's basically hot guys having hot sex. No incomprehensible or forced positions poses or plot lines. They self-select the other guys they want to perform with.

Edited February 21, 2020 by JEC

[+ RJD]

For some strange reason, that's the way OF is -- well, at least you have to give them a payment method before browsing content.

 

My concern with providing a payment method to browse content is the impulse buying, like Amazon. I can’t count how many times I’ve received packages from Amazon, opened It and thought what the hell was I thinking? I could see the same type of impulse buy on OF and JFF. See someone who I like, subscribe, six months and $90 later I’m having the same thoughts as when I open the Amazon boxes.

[+ Keith30309]

I heard that the site keeps 50% of the take, which is a huge amount for them. I saw Dillon Anderson post about a year ago he was making $15k / month on OF. Hes probably north of $20k now.

 

In part this market was created by the sub-par product the studios have been putting out. Many of the vids on the fans sites the guys plan, shot and edit themselves. The product can be a bit amateurish, but the sex is hot AF b/c it's not being staged by or interfered upon by the studio directors and photographers - it's basically hot guys having hot sex. No incomprehensible or forced positions poses or plotlines. They self-select the other guys they want to perform with.

Agree

There’s a guy named Hoss Kado who used to be on Rentmen... he’s been discussed here... and he is on OF and JFF and does exactly that. I really admire the guy... He has 79k twitter followers and I’m not sure how many paying followers. But he produces his own stuff and the quality of the samples he puts on Twitter is excellent. He really has the business model nailed; my hat is off to him and I admire his entrepreneurial success.

[maninsoma]

I also think it's a great thing that if someone doesn't want to work as an escort that these platforms are available for them to make money. I don't begrudge anyone preferring to have sex with select men for money versus having a Rentmen ad and accepting a wider range of playmates. As a sometimes client (though, truthfully, mostly former client at this point) I also appreciate that some guys enjoy escorting and others would prefer not to do any kind of porn because they don't want images like that available online for the world to see.

[+ RJD]

As a sometimes client (though, truthfully, mostly former client at this point) I also appreciate that some guys enjoy escorting and others would prefer not to do any kind of porn because they don't want images like that available online for the world to see.

 

I had this exact conversation with a provider on Saturday night. He’s very concerned about his privacy and re-locks his RM private gallery, which shows his face, on a monthly basis. He has a Twitter account on which he’s not really active and an OF page. He quickly realized how saturated the OF/JFF market is and that most content providers are showing their face, which he won’t do. At the end of the day for him, the revenue wouldn’t be there to actively pursue the OF/JFF option.

[lonely_john]

In the end, all these boys going OF or JFF do it because it’s beneficial for them and that is good. If I subscribe to a couple of them that I really like and they post content regularly, at $20/mo each ($40/mo) then I have completed in 5 months what I invest in a real life encounter with a good young escort. Given that I don’t hire that often I will continue preferring escorts. There will always be free porn with hot young guys and if most of these kids are creating exclusive content only with guys they really like to fuck, I don’t think they would take a meeting request from an old fart like me anyways.

[MscleLovr]

it's a great thing that if someone doesn't want to work as an escort that these platforms are available for them to make money

 

a provider on Saturday night. He’s very concerned about his privacy and re-locks his RM private gallery, which shows his face, on a monthly basis

 

I feel @maninsoma and @RJD have made some very good points.

 

I also feel that many people underestimate how much money a very handsome guy could in the recent past earn as a conventional escort. In 2010 I had a year-long affair with a beautifully ripped 23 year old in LA, who went on to be an Abercrombie model and a fashion cover-guy. We’d first met when he was a provider with a small (no face pics) profile/advert, but after 3 paid overnight dates in a week he took me to dinner and told me he wanted me to be with him. I commuted to LA each month and stayed for a week with him in his condo. He didn’t charge me but I picked up all the bills (restaurants, concerts, long weekend trips etc). He was handsome, medium height, 4% body fat, versatile sexually; he liked to top but he was a wild bottom for me.

 

Now the point of all the above detail. He wanted my advice, so he discussed his finances with me in detail. He had overall monthly costs of $6000 (mortgage on his condo, tuition, gym and personal living expenses) so he ran an advert (then Rentboy) when he was short of cash. When he’d made $6000, he took his advert offline and didn’t answer any work-calls. I know for a fact that he often took his ad offline within a week, ie he earned $6000 in a week! Also, he generally saw clients only once as he didn’t want guys to know much about him; he told me I was the first guy ever to live with him.

Edited February 18, 2020 by MscleLovr

[caliguy]

we have to go to either Europe or South America to find those types of escorts. On of my main considerations when booking a holiday now is the quality of that destination's escort market because I can't get what I want at home.

So no one is good enough for you in all of North America huh. Wow. Having mile high standards must be a real bitch. I can't believe people take this shit seriously. Lol

[+ Eric Hassan]

Very well put @Keith30309

 

I know separately 2 Englishmen (goodlooking, muscled 20s). Each likes being admired by other men, neither defines as gay and for each, their intellect is not their greatest asset. Both have great physiques and are not shy about posing in brief underwear. I know one did monetise his physique before OF and I’m told the other has toyed with the idea.

 

Now each earns a remarkable amount monthly from their OF accounts, seemingly tax-free. Regular employment for these guys would probably be as gym trainers or waiters; both jobs would demand longer hours and regular attendance at work for much less money.

 

I can see the allure of OF for the content-providers. I’m mystified as to why guys subscribe, but then I‘m mystified by guys spending time and money chatting on webcams. I’ve zero interest in masturbation; I’ve always preferred to engage with a person in real-life.

 

it's definitely not tax-free. there's no way that all those credit card transactions are happening and the owners of OF/JFF are taking in that amount of money and nobody thinks about the performers. if a performer isn't paying taxes on something so easy to track and document, they're dumb - and looking for trouble.

 

also, i highly doubt that many of these guys are actually making a decent amount of money - if they were, they wouldn't constantly be putting their services on sale. on a daily basis, i see someone else who is supposedly "doing well" begging folks to join their half-priced OF.

[+ bigjoey]

I feel @maninsoma and @RJD have made some very good points.

 

I also feel that many people underestimate how much money a very handsome guy could in the recent past earn as a conventional escort. In 2010 I had a year-long affair with a beautifully ripped 23 year old in LA, who went on to be an Abercrombie model and a fashion cover-guy. We’d first met when he was a provider with a small (no face pics) profile/advert, but after 3 paid overnight dates in a week he took me to dinner and told me he wanted me to be with him. I commuted to LA each month and stayed for a week with him in his condo. He didn’t charge me but I picked up all the bills (restaurants, concerts, long weekend trips etc). He was handsome, medium height, 4% body fat, versatile sexually; he liked to top but he was a wild bottom for me.

 

Now the point of all the above detail. He wanted my advice, so he discussed his finances with me in detail. He had overall monthly costs of $6000 (mortgage on his condo, tuition, gym and personal living expenses) so he ran an advert (then Rentboy) when he was short of cash. When he’d made $6000, he took his advert offline and didn’t answer any work-calls. I know for a fact that he often took his ad offline within a week, ie he earned $6000 in a week! Also, he generally saw clients only once as he didn’t want guys to know much about him; he told me I was the first guy ever to live with him.

 

Yes, being a good escort can be very lucrative. Back in the days of the Gaiety, a hard working dancer could earn $12-$15,000 for the week!! I know of a couple of escorts who earn over $200,000/year. It is hard work but can be very fiscally rewarding.

[twinkboylover28]

2) should they intend to buy a car, lease an apartment, or buy a house/condominium they will need verifiable income to do so.

 

Not if they pay cash.

[rvwnsd]

Not if they pay cash.

And the IRS (or other country's tax authority) would already have been tipped off to the bank deposits and audited them long before they paid cash for a car or a residence. Were the escort to pay using currency, the seller would be required to file a Currency Transaction Report with FinCen (The Financial Crimes Enforcement Network) in the US or the corresponding agency in the UK, EU, Japan, etc. Were they to pay using a cashier's check (or corresponding instrument in another country) a Monetary Instrument Report would be filed.

 

Just remember - Al Capone was prosecuted for tax evasion.

[BSR]

Not if they pay cash.

 

Maybe there's an accountant among us who can verify, but isn't there a $10,000 rule? That is, any transaction involving more than $10,000 must be reported to the IRS. For example, you can buy a $9,000 car under the radar, but if you pay $11,000 for a car, the IRS automatically gets notified. Obviously, there is no way you could buy a house/condo without raising red flags at the IRS.

[twinkboylover28]

And the IRS (or other country's tax authority) would already have been tipped off to the bank deposits and audited them long before they paid cash for a car or a residence. Were the escort to pay using currency, the seller would be required to file a Currency Transaction Report with FinCen (The Financial Crimes Enforcement Network) in the US or the corresponding agency in the UK, EU, Japan, etc. Were they to pay using a cashier's check (or corresponding instrument in another country) a Monetary Instrument Report would be filed.

 

Just remember - Al Capone was prosecuted for tax evasion.

 

He could buy a nice pre-owned car under $10k and pay the rent on that nice condo which is well under $10k per month.

My family always pay "cash" to buy the new car outright. Same with the house. No mortgage.

[+ bigjoey]

Maybe there's an accountant among us who can verify, but isn't there a $10,000 rule? That is, any transaction involving more than $10,000 must be reported to the IRS. For example, you can buy a $9,000 car under the radar, but if you pay $11,000 for a car, the IRS automatically gets notified. Obviously, there is no way you could buy a house/condo without raising red flags at the IRS.

 

The rule is for banks to report deposits or withdraws of $10,000 or more. It does not apply to transactions between people or companies. Easy to get around by making multiple deposits or withdraws over several days.

[+ bigjoey]

And the IRS (or other country's tax authority) would already have been tipped off to the bank deposits and audited them long before they paid cash for a car or a residence. Were the escort to pay using currency, the seller would be required to file a Currency Transaction Report with FinCen (The Financial Crimes Enforcement Network) in the US or the corresponding agency in the UK, EU, Japan, etc. Were they to pay using a cashier's check (or corresponding instrument in another country) a Monetary Instrument Report would be filed.

 

Just remember - Al Capone was prosecuted for tax evasion.

 

Cash, escort money can be “laundered” with enough planning and thought. For example: buy a fixer-upper house legitimately; fix it up over a year by paying cash for materials and labor; then “flip” the house which is now more valuable due to the fix-up. Report the “profit” as a capital gain at a lower tax rate than regular income. (The house could even be rented for a few years). Reporting a gain on a real estate transaction does not raise red flags with the IRS.

 

Lansky invented “money laundering” for the Mafia. They had casinos, movie theaters, laundries and other businesses where illegally earned money could be reported and become legitimate.

 

This is why there have been proposals by economists and government officials to eliminate all cash from the economy and have all payments done electronically. (The real big part of the underground economy is illegal drugs which is in the billions per year). This is why large denominated bills were eliminated over $100: to make very large transactions physically difficult and bulky.

[+ Pensant]

I’ve never checked out OF, but I can see its attraction to hot young guys. There’s plenty of free content out there to satisfy my ”itch”, so I’ve never been tempted to pay. As others have stated, it requires a lot of work and marketing savvy. That said, technology, again, is giving entrepreneurs the ability to disintermediate the middle men, in this case the studios. I love it!

[lonely_john]

I KNOW. Is there something in the water?

Brazil’s territory was colonized by Portugal, France and Netherlands before becoming Brazil. During the colonization many Africans were imported as slaves. Then after the new Republic was formed, immigration from several European countries (Italy and Germany for the most part) was in incentivized paying people from there to immigrate to Brazil and boost the economy. Different to British colonies where racism was more divisive, in Brazil there was a lot of crossbreeding between, colonizers, slaves, indigenous and new immigrants. After WWII, more Europeans and some Japanese fled the post-war crisis to Brazil. Later on, Racism was declared a crime, thus boosting even more the pre-existing crossbreeding. Basically, Brazilians (and Latinos in general) are product of one of the most diverse genetic pools on earth and almost everyone there has a bit of every race. That’s why they have some of the hottest men with the biggest cocks in the world. ??

 

Edited February 19, 2020 by lonely_john

[+ bigjoey]

Brazil’s territory was colonized by Portugal, France and Netherlands before becoming Brazil. During the colonization many Africans were imported as slaves. Then after the new Republic was formed, immigration from several European countries (Italy and Germany for the most part) was in incentivized paying people from there to immigrate to Brazil and boost the economy. Different to British colonies where racism was more divisive, in Brazil there was a lot of crossbreeding between, colonizers, slaves, indigenous and new immigrants. After WWII, more Europeans and some Japanese fled the post-war crisis to Brazil. Later on, Racism was declared a crime. Basically, Brazilians (and Latinos in general) are product of one of the most diverse genetic pools and and everyone has a bit of every race. That’s why they have some of the hottest men with the biggest cocks in the world. ??

 

 

One of my biggest surprises about Brazil was that it has over a million and a half citizens of Japanese descent. It has the largest Japanese population outside of Japan. San Paulo has a large section with buildings with Japanese architecture.

 

The Japanese started migrating there in the early 1900’s, not just after WWII. Yes, there has been much intermarriage of Japanese with other ethnic groups; that is unusual for Japanese as normally, they did not intermarry. For example, Taiwan was a Japanese colony before WWII and there was almost no intermarriage with the indigenous Taiwanese population.

[DMICS]

Just throwing this thread in that I made...

 

https://www.companyofmen.org/threads/the-onlyfans-justfor-fans-4my-fans-thread.144573/

[Islesguy]

The rule is for banks to report deposits or withdraws of $10,000 or more. It does not apply to transactions between people or companies. Easy to get around by making multiple deposits or withdraws over several days.

This would likely raise even more red flags than a one time deposit of over 10k. The most recent high profile person to end up in prison because of an unusual number of bank transactions over time was Dennis Hastert.

[Islesguy]

 

This is why there have been proposals by economists and government officials to eliminate all cash from the economy and have all payments done electronically. (The real big part of the underground economy is illegal drugs which is in the billions per year). This is why large denominated bills were eliminated over $100: to make very large transactions physically difficult and bulky.

There has been a push towards ending cash transactions but so far there has been huge pushback in places that have tried to do it like Philadelphia. Because so many poor people are unbanked and cannot get credit cards, it basically shuts them out of the economy. Even if they could get loadable debit cards, the fees are sometimes so high it's basically legalized usury. It's tough enough to be poor but a cashless society would make it near impossible for them to live or get a foot on the ladder.

[+ g56whiz]

Assuming the OP’s premise is true may explain why it is that mediocre looking new providers enter the market demanding $400 an hour. Supply and demand.

[+ bigjoey]

This would likely raise even more red flags than a one time deposit of over 10k. The most recent high profile person to end up in prison because of an unusual number of bank transactions over time was Dennis Hastert.

 

 

 

Dennis Hastert’s transactions totaled $952,000 which is I assume more than our hypothetical escort’s amount of cash:)

 

As I noted, if done in smaller amounts over several days, no red flags should be raised. IF banks are suspicious, they file a report as described in the link below. To be super safe, our hypothetical escort could keep the transactions under $5,000 and spaced several days apart (and even at different branches so he is dealing with different bank tellers). Could even use multiple banks.

 

in the Hastert case, the amounts were just so huge they were hard to cover up:

https://www.chicagotribune.com/business/ct-dennis-hastert-bank-laws-0530-biz-20150529-story.html?outputType=amp

Edited February 20, 2020 by bigjoey