Search found 526 matches

by 8foot7
Tue Aug 22, 2017 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: 401k match [company withholding income to offset company match]
Replies: 8
Views: 408

Re: 401k match [company withholding income to offset company match]

This doesn't pass the smell test. It's not really profit sharing if they share with one hand and take back an equal amount with the other. Has anything actually happened? I might reach out to the plan administrator to determine if this is kosher, or the dept of labor.
by 8foot7
Tue Aug 22, 2017 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Why do we consider cash flow from rentals but not our own homes?
Replies: 17
Views: 628

Re: Why do we consider cash flow from rentals but not our own homes?

UKFred wrote:
Tue Aug 22, 2017 11:09 am
Can you eat that cash flow?
Since you can't, will you send that cash flow to me?
by 8foot7
Tue Aug 22, 2017 9:07 am
Forum: Personal Finance (Not Investing)
Topic: School Redistricting - What should we do?
Replies: 37
Views: 1826

Re: School Redistricting - What should we do?

stoptothink wrote:
Mon Aug 21, 2017 10:49 pm
I have no advice, but this is one (of several) reasons why putting a lot of emphasis on the school district when purchasing a home makes little sense to me.
You're free not to, but everyone else will.
by 8foot7
Tue Aug 22, 2017 8:36 am
Forum: Personal Consumer Issues
Topic: Rental car booted for prior unpaid parking tickets
Replies: 21
Views: 1934

Re: Rental car booted for prior unpaid parking tickets

I think I'd leave the car where it was, tell Hertz where it is and what happened, and Uber or Lyft my way to Avis or National.
by 8foot7
Mon Aug 21, 2017 6:04 am
Forum: Personal Finance (Not Investing)
Topic: Accidental landlord turning to for sale by owner
Replies: 40
Views: 4684

Re: Accidental landlord turning to for sale by owner

While I would not say she was obnoxious, her requests bordered on it -- in the middle of our move with boxes and crap everywhere she asked if someone could come be shown the place with 30 minutes notice. Another time she asked for a dinnertime showing, again with just a couple of hours of notice, a...
by 8foot7
Mon Aug 21, 2017 5:55 am
Forum: Personal Consumer Issues
Topic: 2018 Merc S560, 2018 Lexus LS500 Discounts?
Replies: 33
Views: 2498

Re: 2018 Merc S560, 2018 Lexus LS500 Discounts?

When you tell the world about your new expensive car, do you want to emphasis that you are in a position to buy these cars NO QUESTIONS ASKED and don't need to nickel and dime few ten thousands off the price? If anybody says you could have paid less, tell them to their face, "I don't need to" . I p...
by 8foot7
Sat Aug 19, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: DUI lawyer - need advice
Replies: 85
Views: 6665

Re: DUI lawyer - need advice

Smartest thing the defendant did was not to take a breathalizer test. I don't know what the guy paid his lawyer to defend him, but I think if you asked him he'd tell you it was well worth it. In some (many? states) if you refuse to take a blood or breathalyzer test , they can suspend your license u...
by 8foot7
Sat Aug 19, 2017 12:17 pm
Forum: Personal Consumer Issues
Topic: DUI lawyer - need advice
Replies: 85
Views: 6665

Re: DUI lawyer - need advice

One thing the "don't get a lawyer; I've seen how it goes down in court" folks are missing is how lots of the people with lawyers got to plead down to something lesser. Kick the kid's a** within the family but get a lawyer.
by 8foot7
Fri Aug 18, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Debt collector called, should we call them back?
Replies: 15
Views: 1944

Re: Debt collector called, should we call them back?

Never speak with these people on the phone. In writing, certified mail, or it didn't happen.
by 8foot7
Thu Aug 17, 2017 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Model Home Purchase/Leaseback
Replies: 16
Views: 1206

Re: Model Home Purchase/Leaseback

BigOil wrote:
Thu Aug 17, 2017 8:09 am
Also include anything you want left behind (...reefer, etc.).

Didn't know you could ask for this. Live and learn! :sharebeer
by 8foot7
Thu Aug 17, 2017 7:38 am
Forum: Personal Consumer Issues
Topic: Credit score dropped 100 points overnight
Replies: 31
Views: 2728

Re: Credit score dropped 100 points overnight

No-one else seems to notice that Rocket354 has opened SEVERAL credit card accounts in the last few months and his/her available credit (if all cards are maxed out) is now $200,000. I'm surprised the credit score didn't go down more. :oops: That's simply not true. FICO scores do not consider credit ...
by 8foot7
Thu Aug 17, 2017 7:34 am
Forum: Personal Consumer Issues
Topic: Credit score dropped 100 points overnight
Replies: 31
Views: 2728

Re: Credit score dropped 100 points overnight

TheHouse7 wrote:
Wed Aug 16, 2017 7:06 pm
My guess is a dramatic drop from average credit line history.
If this is a true FICO score then that factor alone would not be responsible for a 100 point drop.
by 8foot7
Tue Aug 15, 2017 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Kitchen Remodel Price/Contractor Dispute
Replies: 33
Views: 3180

Re: Kitchen Remodel Price/Contractor Dispute

I guess I'm leaning towards paying this nonsense and posting a picture of their initial baseboard install job on Yelp. After your further explanation you should be even more against it. No miters on baseboards???? That is laughable. I'd be telling him hes lucky you paid him the full amount after th...
by 8foot7
Tue Aug 15, 2017 3:58 pm
Forum: Personal Consumer Issues
Topic: Postal Service -- "informed delivery"
Replies: 88
Views: 4900

Re: Postal Service -- "informed delivery"

Love this service. +1,000
by 8foot7
Tue Aug 15, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Kitchen Remodel Price/Contractor Dispute
Replies: 33
Views: 3180

Re: Kitchen Remodel Price/Contractor Dispute

In all seriousness, peoples' lines for "just paying up" to avoid further nuisance must vary widely. Mine is probably $10, maybe $20 if fighting would entail playing phone tag. $500 strikes me as an obscene amount to pay without a fight.
by 8foot7
Tue Aug 15, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Kitchen Remodel Price/Contractor Dispute
Replies: 33
Views: 3180

Re: Kitchen Remodel Price/Contractor Dispute

bampf wrote:
Tue Aug 15, 2017 1:39 pm


Need some advice. 8Foot7 is trying to charge me $500 even though we never had a contractual agreement. Further in order to find out they are trying to charge me they made me read the post. Do I have to pay $500.
I'll settle for $250 if you don't review me negatively on Yelp.
by 8foot7
Tue Aug 15, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Kitchen Remodel Price/Contractor Dispute
Replies: 33
Views: 3180

Re: Kitchen Remodel Price/Contractor Dispute

johnriley wrote:
Tue Aug 15, 2017 1:19 pm
Just pay it. Why expend this much energy over $500?
You owe me $500 for reading this post. Please send directly to me.
by 8foot7
Mon Aug 14, 2017 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Due to 8 Year Bull Market, Pay Off Rental Now?
Replies: 35
Views: 3622

Re: Due to 8 Year Bull Market, Pay Off Rental Now?

Let someone else pay off your mortgage.
by 8foot7
Tue Aug 08, 2017 8:32 am
Forum: Personal Consumer Issues
Topic: Making a Direct Offer to Purchase a Home
Replies: 28
Views: 2379

Re: Making a Direct Offer to Purchase a Home

I still have a concern that appraisals will tend to come in high because it is usually done with the intent of facilitating something that would benefit from a higher number (e.g. a buyer wanting to secure a mortgage, a community wanting to assess a higher property tax, etc.). Am I wrong in this th...
by 8foot7
Tue Aug 08, 2017 7:58 am
Forum: Investing - Theory, News & General
Topic: Deja Vu.. are there too many houses for sale?
Replies: 47
Views: 4128

Re: Deja Vu.. are there too many houses for sale?

I'm not sure where you're located, but in the Charlotte area home inventory is very tight and bidding wars are the norm for some neighborhoods. What's different from 2007? • Home inventory is tight. All the smaller, local builders who were building in the mid-2000s are not building now. Either they...
by 8foot7
Tue Aug 08, 2017 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo
Replies: 105
Views: 17291

Re: Wells Fargo

Other thing is, who's to say that other banks don't engage in questionable practices, but just haven't been caught? This. Every single one of the big banks has been or will be caught with their pants down. Just a matter of time. Probably most of the regional banks too. If you switch, I'd think a sm...
by 8foot7
Mon Aug 07, 2017 7:39 pm
Forum: Personal Consumer Issues
Topic: How much longer should I chase a merchant for a double charge?
Replies: 9
Views: 586

Re: How much longer should I chase a merchant for a double charge?

Similar to ^, I give merchants one chance to deal with the issue when I bring it to their attention. If they do not, I charge back. I also accept cards in my business and am super responsive to the rare times where I or my staff has made a mistake in order to prevent chargebacks. I expect others to ...
by 8foot7
Mon Aug 07, 2017 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Beach condo investing
Replies: 32
Views: 4321

Re: Beach condo investing

Your condo makes you money until all the water lines in the building need to be replaced and you're in for a 65k assessment. Only takes one of those to wipe away years of returns. If you go beach, go detached.
by 8foot7
Mon Aug 07, 2017 9:23 am
Forum: Personal Consumer Issues
Topic: Making a Direct Offer to Purchase a Home
Replies: 28
Views: 2379

Re: Making a Direct Offer to Purchase a Home

- The offer that I am leaning toward is around 73% of the price that they mentioned and would leave some flexibility to go higher if needed (maybe 5-7%) but I don't think we would intend to go a lot higher. Assuming no realtor fees, the intended offer would be ~78% of what they would take away from...
by 8foot7
Sun Aug 06, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Losing confidence in Ally Bank - what would you do
Replies: 58
Views: 6591

Re: Losing confidence in Ally Bank - what would you do

Not sure I'm impressed with all 'move on' replies. You realize Ally does million s transactions a day. This one instance, and we don't really know all the details , represents .000000000000000000001 % of their yearly business. Im not seeing anyone else claiming they have had similar issues. Not sur...
by 8foot7
Thu Aug 03, 2017 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Losing confidence in Ally Bank - what would you do
Replies: 58
Views: 6591

Re: Losing confidence in Ally Bank - what would you do

I would suggest that anytime you are stopped from getting your own money out of some place, you should immediately stop doing business with that place.
by 8foot7
Tue Aug 01, 2017 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"
Replies: 54
Views: 6980

Re: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"

I don't cut things close. I usually have an hour or two at the gate waiting for a flight. What I could not imagine doing is intentionally getting there early for the purpose of going to the lounge, which a poster above has suggested. I get there with an hour or two to spare, then wait at the gate. ...
by 8foot7
Mon Jul 31, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage payment applied to ex-spouse's loan that I was not on?
Replies: 2
Views: 427

Re: Mortgage payment applied to ex-spouse's loan that I was not on?

This is probably one of those times I'd have a lawyer write a strong letter if the CS reps aren't able to fix this in two separate contacts.
by 8foot7
Mon Jul 31, 2017 6:44 am
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"
Replies: 54
Views: 6980

Re: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"

I don't feel too bad for big banks at all and generally root for the little guys but I think this churning nonsense is a party that's going to soon end.
by 8foot7
Mon Jul 31, 2017 6:40 am
Forum: Personal Finance (Not Investing)
Topic: Need Help on Vehicle Situation/Another Car Purchase Question
Replies: 20
Views: 1543

Re: Need Help on Vehicle Situation/Another Car Purchase Question

Don't buy your kids cars when you are four years from retirement and still have credit card debt.
by 8foot7
Mon Jul 31, 2017 6:38 am
Forum: Personal Finance (Not Investing)
Topic: Toyota Marketing Fund
Replies: 10
Views: 1037

Re: Toyota Marketing Fund

It's as much garbage or not as any other part of the car. The price you care about is what the amount in your check is. Negotiate that final figure: and they can then call whatever portions of that total out the door amount whatever they want.
by 8foot7
Thu Jul 27, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 6830

Re: Post Nuptial agreement guaranteeing alimony?

My two cents on structuring the agreement off the top of my head would be the following formula: 1/2 the difference in your incomes payable for a time period that is the difference of a mutually agreeable retirement age - current age. I would structure the formula in a neutral manner so that if you...
by 8foot7
Thu Jul 27, 2017 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Should you wait until the due date to pay credit card balance?
Replies: 126
Views: 8071

Re: Should you wait until the due date to pay credit card balance?

My process. I get paper statements from everyone. When statements come in, I open them up, stamp them received, and put them aside. On the 10th of every month (or the closest business day), I pay all the accumulated bills that are due before the 24th. I then let bills further accumulate. On the 25th...
by 8foot7
Thu Jul 27, 2017 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 6830

Re: Post Nuptial agreement guaranteeing alimony?

I woke up thinking about this thread, bizarrely. But it helped me coalesce this piece of advice: your husband would need to have his own lawyer to review and negotiate any post-nup agreement that you both might want to enter into, or, as another poster noted, the agreement would generally be tossed ...
by 8foot7
Wed Jul 26, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 6830

Re: Post Nuptial agreement guaranteeing alimony?

Frankly I still can't imagine a world in which I as a husband would voluntarily commit to paying alimony in any circumstance. But whatever, ymmv.
by 8foot7
Wed Jul 26, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 6830

Re: Post Nuptial agreement guaranteeing alimony?

Mlm wrote:Do working spouses receive alimony in addition to an equitable asset distribution?


I believe it depends on how unequal the incomes are after divorce and what the standard of living was during the marriage
by 8foot7
Wed Jul 26, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 6830

Re: Post Nuptial agreement guaranteeing alimony?

So what? I suspect (again unless I'm missing something) OP isn't happy with the husband's demands, which is why there's this talk of a post nup. There's nothing reasonable about asking someone to sacrifice their career if they don't want to. The only demands, to use your word, I see are those the O...
by 8foot7
Wed Jul 26, 2017 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 6830

Re: Post Nuptial agreement guaranteeing alimony?

My undertsanding is the husband is asking OP to sacrifice OP's career for him. Doesn't that answer your "what's in it for me?" question. He gets what he wants: namely a spouse who has a worse job. OP seems to think husband is right when he says his career has a higher earning potential. N...
by 8foot7
Wed Jul 26, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 6830

Re: Post Nuptial agreement guaranteeing alimony?

OP, I find it useful when thinking about trying to get people to make a deal to put myself in the other party's shoes. If I were your husband, here is what I would be thinking: Why would I agree to sign this? What's in it for me? I'm already married to you. You already make more. Why would I volunta...
by 8foot7
Sun Jul 23, 2017 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Investing Education and Mansplaining
Replies: 128
Views: 8024

Re: Investing Education and Mansplaining

I have no problems accepting education and input from women and I am a man. I even have no problems with it when women explain to me things I already know. How would they know what I do and don't know? Do they have an index of all the things I've learned? Of course not. If someone else can't do the ...
by 8foot7
Thu Jul 20, 2017 8:26 am
Forum: Personal Consumer Issues
Topic: Office 2007 end of life
Replies: 27
Views: 1796

Re: Office 2007 end of life

Just don't open any unexpected attachments. Other than that there is no practical implication to continuing use of Office 2007 past 10/10.
by 8foot7
Thu Jul 20, 2017 7:03 am
Forum: Personal Consumer Issues
Topic: Keurig vs coffeemaker - and the Keurig won
Replies: 53
Views: 3782

Re: Keurig vs coffeemaker - and the Keurig won

TomatoTomahto wrote:when I can't turn a key in the ignition, that's a signal to my loved ones to pull the plug. Same feeling with K-cups: if you find one in my kitchen, it's time.


LOL. This is funny. :happy I feel the same about K cups but I do like my wife's push-to-start button. (In her car.)
by 8foot7
Wed Jul 19, 2017 2:36 pm
Forum: Personal Consumer Issues
Topic: Is Amex Platinum worth the high fees?
Replies: 45
Views: 3554

Re: Is Amex Platinum worth the high fees?

We are relatively frequent users of the Fine Hotels and Resorts program and find that our annual fee is more than recouped after the second FHR stay -- and sometimes the first, depending on the property and the offer. The rest of the benefits, especially the $200 air credit which I immediately redee...
by 8foot7
Wed Jul 19, 2017 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Accidental landlord update
Replies: 9
Views: 1568

Re: Accidental landlord update

Thank you all BH for my somewhat recent thread. We decided to out the place up for sale using a realtor. We really can't afford to have rent free months with no tenant in there. My new question: our current tenant has taken up themselves to use their security deposit as their last months rent. They...
by 8foot7
Sun Jul 16, 2017 9:43 am
Forum: Personal Consumer Issues
Topic: Urgent 1st world problem [coffeemaker]
Replies: 48
Views: 3348

Re: Urgent 1st world problem [coffeemaker]

Sick of dealing with poorly made coffee makers out of China. Have decided I appreciate my coffee and good craftsmanship enough to warrant spending $300.00 on a Technivorm Moccamaster. However, before I go down today to pick it up, I would like to confirm (as most reviews do) that it is a superior c...
by 8foot7
Fri Jul 14, 2017 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: How to keep Wife's Inheritance Separate
Replies: 11
Views: 1554

Re: How to keep Wife's Inheritance Separate

How long have you been married? Have you built up your wealth together? I only ask because maybe your wife is right. :)
by 8foot7
Fri Jul 14, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Finance Q for those that have gone through Divorce
Replies: 36
Views: 2728

Re: Finance Q for those that have gone through Divorce

If I were her, I would NOT go for your deal. Yes, she is receiving assets (houses), but they are also liabilities as far as maintenance and taxes are concerned. In addition to ongoing maintenance and taxes, if she sells the houses, she may very well owe capital gains taxes on one or both of them, a...
by 8foot7
Fri Jul 14, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Finance Q for those that have gone through Divorce
Replies: 36
Views: 2728

Re: Finance Q for those that have gone through Divorce

OP, you have nothing to lose by trying the buyout offer but I would be real sure up front about that 70% figure. You're giving away over two thirds of your assets voluntarily. You will find out that there is very little stopping her from dragging you back to court as long as your children are under ...