Search found 199 matches

by playtothebeat
Tue Jun 30, 2015 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating a Job Offer
Replies: 21
Views: 1954

Re: Negotiating a Job Offer

They are going to bring me in at the Consultant level for a short time, until I basically "prove" myself worthy and capable of performing at the next level. I will also be sure to get this noted somewhere in the offer. Yes, make sure that is in writing if at all possible. Further, if you ...
by playtothebeat
Mon Jun 22, 2015 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Work Relocation Opportunity
Replies: 11
Views: 1560

Re: Work Relocation Opportunity

Do not buy a house in Dallas.
Rent for a year or two to start. Figure out which neighborhoods you like, etc. For all you know, you might hate Dallas. Why tie yourself down that quickly?
by playtothebeat
Sun Jun 21, 2015 9:40 am
Forum: Personal Finance (Not Investing)
Topic: How to enter new career after hitting Financial Indepence
Replies: 11
Views: 2362

Re: How to enter new career after hitting Financial Indepence

I don't think someone in your positions needs to worry nearly as much as the regular Joe about the "how" of getting a job at an older age. I imagine you have a great network of professionals in your industry and likely other industries who can introduce you to people or opportunities. Seem...
by playtothebeat
Thu Jun 18, 2015 5:55 pm
Forum: Personal Consumer Issues
Topic: Pre-approval and credit score
Replies: 5
Views: 785

Re: Pre-approval and credit score

I imagine the impact is extremely minimal. I just went through something very similar while trying to refi my house. I gave the "ok" to a mortgage broker to start the underwriting (which involved pulling my credit, of course). Half way through the underwriting process, my wife lost her job...
by playtothebeat
Thu Jun 18, 2015 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey
Replies: 53
Views: 9356

Re: Dave Ramsey

I have never heard of a college degree in "real estate". :confused Just at middling schools like Penn, Wisconsin-Madison, UC Berkeley, NYU, and the like. :P No, those schools confer degrees in "Business Administration Real Estate". Like I said, I have never heard of a bachelor's...
by playtothebeat
Thu Jun 18, 2015 11:07 am
Forum: Personal Consumer Issues
Topic: How much do your children cost per month?
Replies: 83
Views: 6531

Re: How much do your children cost per month?

Many people ignore the expense of having two working parents while paying daycare and it's associated costs, and the quality of life associated with that hectic lifestyle. Some people may be better off going to one single salary, whether the stay-at-home parent is male or female is irrelevant. Many...
by playtothebeat
Wed Jun 17, 2015 12:25 pm
Forum: Personal Consumer Issues
Topic: How much do your children cost per month?
Replies: 83
Views: 6531

Re: How much do your children cost per month?

I'm impressed by the low figures for groceries. For us - me, wife, toddler - we spent close to $1500 (live in HCOL area), which includes eating out. We do order sushi or pizza a couple times a month, and eat out one or two meals on the weekends, so that adds to the costs. We also buy a lot of organi...
by playtothebeat
Sat Jun 06, 2015 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Confused college kid
Replies: 54
Views: 5145

Re: Confused college kid

Saying "I want to run my own business" doesn't mean anything. What kind of business? Retail? Coffee shop? Software consulting? Wealth management? These are the "what I want to do" part of your post. Simply saying you know that you want to run your own business just means that you...
by playtothebeat
Thu Jun 04, 2015 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Banker/Attorney (loan) question
Replies: 14
Views: 1208

Re: Banker/Attorney (loan) question

123 wrote:
livesoft wrote:None of the club members are bankers nor attorneys?


Something seems fishy...


I think you should approach a loca community bank about a loan; maybe they'll take the bait and bite...
by playtothebeat
Thu Jun 04, 2015 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Self-employment / small business - investing options
Replies: 4
Views: 467

Re: Self-employment / small business - investing options

bumping this once to see if anyone has any input..
by playtothebeat
Thu Jun 04, 2015 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: One million dollar home
Replies: 37
Views: 5619

Re: One million dollar home

Option C. buy the house you'll actually be happy with. sounds like you can afford it, and the extra PITI isn't that big of a deal to you. you only live once. can't save every penny. have to enjoy it at some point, and from your post it sounds like you'd be far happier in this house. I would rule out...
by playtothebeat
Tue Jun 02, 2015 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Self-employment / small business - investing options
Replies: 4
Views: 467

Self-employment / small business - investing options

My wife will be joining a 1-person law firm as a partner to make it a 2-person law firm. The firm is currently structured as a "Professional Corporation". The existing partner wants to keep his PC in place going forward, and as such their plan is to have the new partnership (or whatever le...
by playtothebeat
Wed May 27, 2015 9:05 pm
Forum: Personal Consumer Issues
Topic: BMW needs new tires
Replies: 24
Views: 2180

Re: BMW needs new tires

I got my bmw tires through America's Tires. Great service and price. About half the cost of the dealership's quote
by playtothebeat
Wed May 27, 2015 1:21 pm
Forum: Personal Consumer Issues
Topic: Should I shorten my last name?
Replies: 70
Views: 6394

Re: Should I shorten my last name?

Whatever you do, don't have two words as your last name (I.e. Hillary Rohdam Clinton). My wife did that when we got married, because she didn't want to hyphenate and wanted to be a little different. It has caused numerous headaches. Whenever we tell someone the last name, they assume that the Rohdam...
by playtothebeat
Wed May 27, 2015 12:48 pm
Forum: Personal Consumer Issues
Topic: Saving on large purchases
Replies: 12
Views: 1019

Saving on large purchases

What are some things you all do to save $ on large purchases (whatever "large" might mean to everyone could be different)? For instance, my wife and I shop at Pottery Barn, William Sonoma, Crate and Barrel, etc quite a bit. Before buying anything substantial (usually $500 or more), I go on...
by playtothebeat
Wed May 27, 2015 12:01 am
Forum: Personal Finance (Not Investing)
Topic: Just general comments for a 22 y/o on financial position
Replies: 20
Views: 2755

Re: Just general comments for a 22 y/o on financial position

I'll let someone else address the investments in general, but here are a few things: Forget about the 15% annual return. Won't happen. You aren't better at picking funds than anyone else (sorry). If you could guarantee a 15% return, you would have some sort of magic recipe that the rest of us don't....
by playtothebeat
Fri May 22, 2015 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Might sell house to a friend. What is fair?
Replies: 30
Views: 2406

Re: Might sell house to a friend. What is fair?

Look at recent sales at Zillow/redfin in your area, and use that as a guide. I just had my house appraised, and that's basically what the appraiser did (they use more "professional" services, but all info on redfin/Zillow for recent transactions is driven by public records, same as the ser...
by playtothebeat
Sat May 16, 2015 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Non-recourse investment property loans
Replies: 2
Views: 275

Re: Non-recourse investment property loans

Yes, absolutely. If this is your first deal, probably not, however. I'm a commercial real estate lender. A lot of my customers borrow on non-recourse basis. These are some of the best developers/investors/operators in my region, and have been doing this for a long time. Non-recourse will have lower ...
by playtothebeat
Mon May 11, 2015 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 34046

Re: much ado about coasting (through life)

Mill, you also posted a while ago about being put on an improvement plan (viewtopic.php?t=159408) and if I recall about ultimately leaving that job (I may be wrong on that). Did these events lead to your current state?
by playtothebeat
Mon May 11, 2015 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 226
Views: 48775

Re: Share your networth progression

My wife and I will likely have a negative networth for several more years as a result of ~$130k of law school debt which my wife still has, in addition to consumer debt (including unexpected medical and family-related expenses which could not be avoided) she had prior to meeting me and didn't realiz...
by playtothebeat
Wed May 06, 2015 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Debating mortgage refinance
Replies: 8
Views: 792

Re: Debating mortgage refinance

You should be able to get a 90% loan with no PMI. I'm going through that process with a refi now (I'm still bringing like $65k to close, since we're currently around 98% LTV). I had to do a 1st/2nd combo because of the overall loan amount. You probably won't have to, and will be able to just get one...
by playtothebeat
Sat May 02, 2015 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Sources for Down Payment
Replies: 7
Views: 999

Re: Sources for Down Payment

Sell your house, then rent for a year. There are a lot of different areas of San Francisco and the Bay Area in general. You'll like some more than others. Figure out which area suits you, and only then make a decision to buy.
by playtothebeat
Fri May 01, 2015 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: PMI- single premium at closing?
Replies: 5
Views: 452

Re: PMI- single premium at closing?

If it's $100/month, and up-front is $2800, seems like it's worth it if he plans to be in this house for several years. That's only 28 months worth of payments (you can just about ignore time value of money if the horizon is this short).
by playtothebeat
Wed Apr 22, 2015 1:59 pm
Forum: Personal Consumer Issues
Topic: $139 lease for EV, $0 down, 39 month lease Chevy Spark
Replies: 66
Views: 7674

Re: $139 lease for EV, $0 down, 39 month lease Chevy Spark

Great deal. I'd jump on it if I hadn't traded in my dying Mazda 6 for a Chevy Volt in August. Can't say much about the car itself, since I haven't driven it. I love my Volt, however. I rarely use any gas - I have about 42-46 miles of battery range, which is enough for me to go to work and back a cou...
by playtothebeat
Mon Apr 20, 2015 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: HSA contributions - employee vs employer
Replies: 3
Views: 343

HSA contributions - employee vs employer

Couple of questions regarding HSA contributions.. 1) My employer offers $800 towards the HSA contribution, subject to completion of certain items (annual check up, online tests/quizzes, etc). Let's say I chose not to do the required steps to qualify for this contribution (last year, for instance, I ...
by playtothebeat
Tue Apr 14, 2015 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: 10% Down 30-Year Jumbo Mortgages?
Replies: 10
Views: 1902

Re: 10% Down 3-Year Jumbo Mortgages?

I think you mean 30 year, not 3 year (in your title). I've seen 90% jumbo loans advertised. I'm going through a refi right now (or, rather, trying), and going with an 80-10 split to get to 90% overall. The second loan will be a variable rate HELOC, however. This also allows me to avoid PMI since the...
by playtothebeat
Mon Apr 13, 2015 2:07 pm
Forum: Personal Consumer Issues
Topic: Input wanted from BMW owners
Replies: 44
Views: 4669

Re: Input wanted from BMW owners

I have a 2010 528i. Absolutely love to drive it and hope to continue driving it for many years. We purchased the extended warranty (6 years, 100k miles) as well as the extended service plan for it. Cost us about $5k total I believe. I consider it worth it, for the reasons many people have described....
by playtothebeat
Tue Apr 07, 2015 7:21 pm
Forum: Personal Consumer Issues
Topic: Gaps in newly installed flooring?
Replies: 3
Views: 661

Re: Gaps in newly installed flooring?

I live in southern California (orange county).
Not sure if it was acclimated before installation, although according to the manufacturer, it doesn't require acclimation.
by playtothebeat
Tue Apr 07, 2015 6:18 pm
Forum: Personal Consumer Issues
Topic: Gaps in newly installed flooring?
Replies: 3
Views: 661

Gaps in newly installed flooring?

I had new flooring put in throughout the downstairs recently by a contractor after a flood resulted in us having to tear out the existing flooring. The first half went in about 3 months ago, with the remainder going in a couple of weeks ago (we stopped because we thought we might remodel the kitchen...
by playtothebeat
Mon Apr 06, 2015 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for career change and big drop in income
Replies: 14
Views: 2382

Re: Planning for career change and big drop in income

One thing to consider is how your benefits may change if you go from private practice to public service. For instance, a friend of mine was a partner at a law firm, and was paying around $1800/month for medical/dental/vision for a family of 5 (no subsidies as an "owner"). He recently left ...
by playtothebeat
Fri Apr 03, 2015 12:16 pm
Forum: Personal Consumer Issues
Topic: lowest cost to own CA carpool eligible car for commuting
Replies: 9
Views: 1317

Re: lowest cost to own CA carpool eligible car for commuting

http://www.autoblog.com/2015/03/23/honda-fit-ev-lease-199-month/ Very interesting. I get 34-38 MPG with my current gas Fit, figure $175 in gas per month. For someone that doesn't already have a car the EV Fit lease seems like a decent deal, but for me it would be $200+electricity, probably not a go...
by playtothebeat
Wed Apr 01, 2015 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Bamboo vs Engineered Hardwood floor?
Replies: 12
Views: 1722

Re: Bamboo vs Engineered Hardwood floor?

I am looking for flooring of "value" - durability, less prone to problems, luxurious, etc. We are in the midst of a high end remodel and for the kitchen and bathrooms we are considering luxury vinyl. It's available as faux stone/porcelain tile or a faux wood plank. This is not the cheap s...
by playtothebeat
Mon Mar 30, 2015 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: 15, 20, or 30?
Replies: 26
Views: 3286

Re: 15, 20, or 30?

15 - if you need to move from a 10 to a 30 to make it work, you're probably spending too much. Interestingly- or perhaps not- I could actually pay cash for the home. I just think inflation will eventually rise and this feels like "cheap money". This "cheap money" mentality coupl...
by playtothebeat
Thu Mar 26, 2015 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Merging HSA accounts?
Replies: 4
Views: 381

Merging HSA accounts?

My wife recently lost her job. She and I each had had a high deductible health plan through our respective employers, and each of us had an HSA account in our own names (mine through Wells Fargo; she has two separate accounts due to switching employers - one with Optum Bank and one some other bank, ...
by playtothebeat
Mon Mar 16, 2015 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Rental Property - help with financing options
Replies: 4
Views: 587

Re: Rental Property - help with financing options

Keep in mind that with the HELOC, the devil is in the details. It likely has a variable rate (probably adjustable monthly), tied to Prime so something like Prime +1.99%. Prime has been at 3.25% since 2009, but at some point it is likely to go up. Figure out if there is a limit on how much it can adj...
by playtothebeat
Wed Mar 04, 2015 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Higher Downpayment a Good Idea?
Replies: 33
Views: 3462

Re: Higher Downpayment a Good Idea?

After factoring in the cost of ownership, such as taxes, insurance, increased utilities and maintenance/repair costs, sales costs, mortgage costs, I think houses are usually an inefficient investment. Buy the house you want to live in. Second, third, and fourth this. In general, no need to look at ...
by playtothebeat
Sun Mar 01, 2015 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Home refi - Roth IRA
Replies: 2
Views: 331

Home refi - Roth IRA

My wife and I are going to be trying to refi our house in the next few weeks, which will require a substantial paydown from us. I'm wondering if I can use any of my Roth IRA funds as a "first time home buyer" withdrawal. I'm not currently on title or the notes (wife purchased the house bef...
by playtothebeat
Tue Feb 24, 2015 1:59 pm
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 5369

Re: Buying a home in SF Bay Area

Until you're absolutely certain that you want to stay there long term, do not buy a house. Out of all areas, SF is one of those that just screams "bubble" - if/when the tech sector slows down, you could expect a correction in the housing prices, which would make it difficult for you to sel...
by playtothebeat
Thu Feb 19, 2015 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Bridge Loan vs mortage
Replies: 2
Views: 415

Re: Bridge Loan vs mortage

What are the terms of the bridge loan? Is this a 1 year interest only loan? be careful with locking yourself into something too short term - what if you don't/can't sell your current home or get lower proceeds than you're anticipating? Is that an issue for you or will still be able to afford the ret...
by playtothebeat
Wed Feb 18, 2015 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: How best to use gifted 25k. . .
Replies: 25
Views: 2116

Re: How best to use gifted 25k. . .

I'd put some in the Roth, since you can withdraw the contributions later (hopefully there isn't a massive correction and you lose 50% over the next couple of years...), and the rest in a regular savings account. With a potential baby on the way, I can tell you that those little suckers can get expen...
by playtothebeat
Tue Feb 17, 2015 3:17 pm
Forum: Personal Consumer Issues
Topic: Extended car warranty - worth it?
Replies: 30
Views: 2689

Re: Extended car warranty - worth it?

I purchased an extended warranty, as well as a service plan (for all the maintenance, etc) for our BMW. It was something like $5k out of pocket total - huge sum. Financially, it may not be the best use of the money; however, it bought me a piece of mind knowing that I did not have to worry about any...
by playtothebeat
Thu Feb 12, 2015 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: House appraisal for a refi
Replies: 10
Views: 993

Re: House appraisal for a refi

I should have stated that we'll go with the appraiser ordered by a lender that we end up choosing, so my mistake for not stating that up front. Unfortunately, no equity in our house - at least very limited. We expect a pretty substantial paydown from our end at closing to meet a 90% CLTV requiremen...
by playtothebeat
Thu Feb 12, 2015 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: House appraisal for a refi
Replies: 10
Views: 993

Re: House appraisal for a refi

I should have stated that we'll go with the appraiser ordered by a lender that we end up choosing, so my mistake for not stating that up front. Unfortunately, no equity in our house - at least very limited. We expect a pretty substantial paydown from our end at closing to meet a 90% CLTV requirement...
by playtothebeat
Thu Feb 12, 2015 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: House appraisal for a refi
Replies: 10
Views: 993

House appraisal for a refi

I'm getting ready to refi my house, and thus will be ordering an appraisal in the next month or so. I wanted to see if there's anything I need to keep in mind as I do so. For instance, we recently had new flooring put in - do I need to inform the appraiser of that or do they figure stuff like that o...
by playtothebeat
Wed Feb 04, 2015 9:12 pm
Forum: Personal Consumer Issues
Topic: Pull permits for a minor remodel?
Replies: 35
Views: 3345

Pull permits for a minor remodel?

I'm planning to remodel my kitchen which will involved new cabinets and countertops. I'll also be changing out the old fluorescent light box with some canned LEDs, and installing a new junction box for a light fixture. I'm my doing any of the work myself and will hire contractors/subs etc (all licen...
by playtothebeat
Wed Jan 21, 2015 5:06 pm
Forum: Personal Consumer Issues
Topic: Any art "investors" here?
Replies: 69
Views: 6479

Re: Any art "investors" here?

We have probably 8 or 10 pieces from Peter Lik at our house. Beautiful stuff which we love to look at, and can likely sell in the future for far more than we paid for them (some pieces are no longer available in the galleries, and others have been selling quite well on artbrokerage.com). We've run o...
by playtothebeat
Wed Jan 21, 2015 4:55 pm
Forum: Personal Consumer Issues
Topic: Engineered Hardwood
Replies: 29
Views: 3022

Re: Engineered Hardwood

Take a look at waterproof laminate. http://www.usfloorsllc.com/display-category/coretec-plus/ I just ordered this to be installed throughout the house (replacing a 10+ year old laminate which was damaged in a recent flood due to a plumbing issue): http://www.usfloorsllc.com/product-category/coretec-...
by playtothebeat
Mon Dec 29, 2014 9:44 pm
Forum: Personal Consumer Issues
Topic: Do you read online reviews?
Replies: 26
Views: 1868

Do you read online reviews?

I'm currently searching for a contractor to remodel my kitchen, and this really got me thinking about how much weight we tend to put into online review and overall online presence of companies nowadays. For instance, I received a quote which seems very reasonable to me, but the company has no online...
by playtothebeat
Sun Dec 28, 2014 8:49 pm
Forum: Personal Consumer Issues
Topic: House flood --> time to remodel
Replies: 2
Views: 622

House flood --> time to remodel

My house had a flood issue about two weeks before Christmas. Luckily, it was only downstairs, so things could have been far worse. Insurance is covering the remediation that had to take place (rip out some dry wall, flooring, dry and dehumidify the whole area, make sure there is no molding, etc), an...

Go to advanced search