Search found 811 matches

by WhyNotUs
Sat Sep 24, 2016 9:22 am
Forum: Personal Consumer Issues
Topic: Would you buy this house in a flood zone? HELP!
Replies: 51
Views: 2072

Re: Would you buy this house in a flood zone? HELP!

It depends what my other choices were. If there are houses out of the flood zone, then I would look elsewhere. If the entire area that I want to live in was subject to that, then I would spend some time/money understanding the FEMA maps for the area and bringing in someone who could help me understa...
by WhyNotUs
Sat Sep 24, 2016 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Stay a 1099 contractor or incorporate?
Replies: 17
Views: 1188

Re: Stay a 1099 contractor or incorporate?

I would discuss your IRA strategy with your new accountant. It would be wise to look at it in a holistic manner if you file jointly and have common goals with spouse. It sounds like you have enough work like ahead of you to enjoy the benefits of a Roth but someone with much more info on your goals a...
by WhyNotUs
Thu Sep 22, 2016 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Stay a 1099 contractor or incorporate?
Replies: 17
Views: 1188

Re: Stay a 1099 contractor or incorporate?

I am hoping that what you heard about tying up money in an IRA was a miscommunication. I would start by following up on that. If that is truly the CPA's position, then that tells me I need a new accountant. That is a position that is impossible to defend due to the power of compounding. As for LLC o...
by WhyNotUs
Sat Sep 17, 2016 2:34 pm
Forum: Personal Consumer Issues
Topic: Reccomendations for decent patio furniture
Replies: 9
Views: 887

Re: Reccomendations for decent patio furniture

We love our polywood furniture. It stands up to the test of time. All I do is make sure everything is tight every year or two.
by WhyNotUs
Sat Sep 17, 2016 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Tenant Background Check and Credit Check
Replies: 23
Views: 1623

Re: Tenant Background Check and Credit Check

I use Transition Smartmove. Tenants put all of the info in instead of giving it to me. Honors their privacy. $35, I can set it up to pay or make them pay. MY tenants have all liked it.
by WhyNotUs
Fri Sep 09, 2016 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: New Guy Looking for Advice [Take ownership of grandparent's rental property?]
Replies: 23
Views: 1247

Re: New Guy Looking for Advice [Take ownership of grandparent's rental property?]

Hello Everyone, What are some of your thoughts on this plan? Is it a good idea given the situation? I appreciate any and all input. A bit of a head scratcher for me, maybe because it is Friday. 1.) They give you a house, creating a tax event. Needs to be reported as a gift so that it is eventually ...
by WhyNotUs
Wed Sep 07, 2016 10:50 pm
Forum: Personal Consumer Issues
Topic: Breaking the iPhone cycle - Any Macbook users with Android Phones?
Replies: 49
Views: 3561

Re: Breaking the iPhone cycle - Any Macbook users with Android Phones?

I went the other way, started with an android phone and Mac system. It was not a huge deal but later got a family full of iphone 4s to simplify everything for all uses and share calendars and other services via icloud. The phone has been indestructible and get convince myself to replace it unless it...
by WhyNotUs
Wed Sep 07, 2016 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice... Girlfriend and I are looking to buy our first home in Denver (super hot seller's market)
Replies: 80
Views: 4896

Re: Need Advice... Girlfriend and I are looking to buy our first home in Denver (super hot seller's market)

Some tough love being delivered but truth. I know people in similar situations buying $300k homes in Green Valley Ranch and can only shake my head. P.S. something a popular school teacher might bring to the table is access to a friendly landlord. She can spread the word that you are looking for a re...
by WhyNotUs
Tue Sep 06, 2016 4:34 pm
Forum: Personal Consumer Issues
Topic: What to do with my CD collection
Replies: 35
Views: 2534

Re: What to do with my CD collection

If there is a local community radio station, they might want them.
by WhyNotUs
Tue Sep 06, 2016 10:43 am
Forum: Personal Consumer Issues
Topic: Visiting Peru/Machu Picchu
Replies: 16
Views: 1015

Re: Visiting Peru/Macchu Picchu during Columbus Day?

TedSwippet wrote:
triceratop wrote:Don't visit the UK during July 4, I heard there are raucous celebrations and, overall, too much noise.

Yup. We call it Good Riddance Day.


Or first Brexit
:wink: :wink:
by WhyNotUs
Tue Sep 06, 2016 6:00 am
Forum: Personal Consumer Issues
Topic: Visiting Peru/Machu Picchu
Replies: 16
Views: 1015

Re: Visiting Peru/Macchu Picchu during Columbus Day?

Columbus day in Peru? Why would they have that holiday? (Not even sure why America does if you read up on it) It is definitely cheaper to buy a trip when you are in Cusco. It is also true that you are mostly dealing with brokers and it can be really tough to figure out the quality of the trip. I am ...
by WhyNotUs
Mon Sep 05, 2016 11:21 pm
Forum: Personal Consumer Issues
Topic: Wood Chipper -- Harbor Freight?
Replies: 40
Views: 2912

Re: Wood Chipper -- Harbor Freight?

Harbor Freight is not the place to buy a wood chipper. A low use power hand tool maybe, I have a finishing nail gun for instance that I used to redo some base and case and use on rare occasions. Wood chipper that breaks will be a pain and potentially dangerous. It sounds like you need some heavy dut...
by WhyNotUs
Mon Sep 05, 2016 9:49 pm
Forum: Personal Consumer Issues
Topic: Road bike
Replies: 29
Views: 2394

Re: Road bike

That is a good price and a bike that will serve you well. The bike has mechanical disc brakes and since you are not used to them might want to take it easy with your left hand for a while on the front brake, they can be grabby and you do not want to go over the handlebars :-). Your right hand will s...
by WhyNotUs
Mon Sep 05, 2016 8:41 pm
Forum: Personal Consumer Issues
Topic: Best way to sell a home in Florida
Replies: 27
Views: 2535

Re: Best way to sell a home in Florida

Do you live in the area? Is the home vacant? If you live nearby you can put an ad in the newsletter at your community, talk to neighboring owners who might have friends looking to get it, and put a sign on the home. Someone buying a FSBO expects to save so of the RE commission as well since they wil...
by WhyNotUs
Mon Sep 05, 2016 1:03 pm
Forum: Investing - Theory, News & General
Topic: Anyone else experiencing number drift
Replies: 51
Views: 5906

Re: Anyone else experiencing number drift

There are two sides to the ledger. I think reducing current and planned expenses is a better safety net than seeking to save twice as much. We have invested based on 4% return and will adjust our travel budget to reflect reality. We are lucky that we enjoy a both camping trip in the US and a sailing...
by WhyNotUs
Mon Sep 05, 2016 10:31 am
Forum: Personal Consumer Issues
Topic: Which city to start early retirement?
Replies: 128
Views: 11191

Re: Which city to start early retirement?

Regarding western Colorado, among the highest ACA rates in the country and a 25% increase in rates for 2017, where I live there is only going to one remaining insurer in the pool. A little better in GJ than the mountain resorts but still not good. Fort Collins would be a better comparison but house ...
by WhyNotUs
Fri Sep 02, 2016 10:58 am
Forum: Investing - Theory, News & General
Topic: Mr. Money Mustache Staying in Lending Club
Replies: 68
Views: 6246

Re: Mr. Money Mustache Staying in Lending Club

Regardless of MMM, the larger issue is that people are chasing yield. The ongoing low interest rates have lowered people's sensitivity to risk and encouraged people to create higher risk/higher return investment options. That is a story that rarely ends well for those who do not find themselves with...
by WhyNotUs
Fri Sep 02, 2016 10:25 am
Forum: Personal Consumer Issues
Topic: Road bike
Replies: 29
Views: 2394

Re: Road bike

I am a lifelong biker, from my first stingray to a shed of bikes today. The bike that I ride the most often is a hybrid bike. I have a 29er mtn bike for specific rides and a road bike for long rides but could just as easily enjoy my life with the hybrid only. It works on paved trails, streets, grave...
by WhyNotUs
Thu Sep 01, 2016 9:26 am
Forum: Investing - Theory, News & General
Topic: Ric Edelman's The Truth about Retirement on PBS
Replies: 142
Views: 11992

Re: Ric Edelman's The Truth about Retirement on PBS

PBS is in a tough spot. Diet shows that tell us to have a diet of mostly veggies, fruits, and whole grains with a little lean protein or finance shows that say to spend less than you make and put the difference into a mix of three low cost index funds are not very sexy (i.e. no one will watch). We w...
by WhyNotUs
Wed Aug 31, 2016 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Investment Property Modeling Question
Replies: 11
Views: 520

Re: Investment Property Modeling Question

I just use 8%, one month a year for vacancy in analysis. In my market, that is a generous assumption and I rarely have a month vacancy but it does happen and it is better to allow time for vacancy and upgrades. Your spreadsheet looks good. For the time that you spent it might have been cost effectiv...
by WhyNotUs
Mon Aug 29, 2016 9:43 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1904
Views: 447304

Re: What Movie Have You Recently Watched?

Captain Fantastic, very good
by WhyNotUs
Mon Aug 29, 2016 1:31 pm
Forum: Personal Consumer Issues
Topic: Off to Australia - need advice
Replies: 57
Views: 4185

Re: Off to Australia - need advice

Sounds like you had fun but wow...that is what you call a rushed trip. Like others said...for anyone planning to visit from the states plan on 2 week minimum...but if you can make it 3 weeks. I would vote for 3 wk minimum. We had three weeks an only saw a portion of Queensland and Sydney. We knew t...
by WhyNotUs
Mon Aug 29, 2016 9:30 am
Forum: Personal Finance (Not Investing)
Topic: can one accurately time the purchase of one's home?
Replies: 9
Views: 989

Re: can one accurately time the purchase of one's home?

Not sure about timing the housing market but there can be conditions that make it easier to buy- for those not paying cash the availability and rates for fixed rate mortgages influence when to buy for instance. There can be minor seasonal variations in existing stock but the supply is affected by th...
by WhyNotUs
Sun Aug 28, 2016 12:51 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 33
Views: 3198

Re: Don't pay full price for SiriusXM radio

With the proliferation of internet radio apps, Podcasts, and even service like Amazon Prime that let you download entire albums for free, why people pay for radio service is beyond me. I lucky to have a good community radio station available with new and varied music. Having said that SiriusXM is b...
by WhyNotUs
Sat Aug 27, 2016 11:35 pm
Forum: Personal Consumer Issues
Topic: Hawaii anniversary trip suggestions
Replies: 31
Views: 2386

Re: Hawaii anniversary trip suggestions

Montage Kapalua meets your criteria on Maui. Beautiful beaches- Napili, Kapalua, Oneloa within walking distance Excellent coastal trail with interesting walks and also a trail system up hill or walk down from Arboretum Plenty of dining options Snorkeling at Kaplua, Napili, Honolua Culture and histor...
by WhyNotUs
Sat Aug 27, 2016 9:31 am
Forum: Investing - Help with Personal Investments
Topic: $2.2M Windfall
Replies: 37
Views: 4824

Re: $2.2M Windfall

A plan starts with goals. You have a great opportunity to make some choices but they need to be in service of goals. Paying off a mortgage, moving, retiring, an AA targeted at 5-6% return are all possibilities but impossible to prescribe without you getting clear on what you want to achieve. Take yo...
by WhyNotUs
Sat Aug 27, 2016 8:37 am
Forum: Personal Consumer Issues
Topic: Birding in Big Sur
Replies: 7
Views: 358

Re: Birding in Big Sur

I went to the Elkhorn Slough and stayed at a vrbo in Watsonville surrounded by Strawberry fields (forever).

http://www.elkhornslough.org/sloughlife/birds/
by WhyNotUs
Thu Aug 25, 2016 7:56 am
Forum: Personal Consumer Issues
Topic: Seeking advice on what to do about recent property survey/neighbor's driveway
Replies: 34
Views: 3178

Re: Seeking advice on what to do about recent property survey/neighbor's driveway

I've run into this with several commercial properties that are adjacent to residential properties. The last one was where the homeowner's entire driveway and garage were on property owned by my business. In each case, we asked the neighbor to pick up the costs (survey, deed change, recording fee, e...
by WhyNotUs
Thu Aug 25, 2016 7:43 am
Forum: Personal Consumer Issues
Topic: Aug. 2017 US total eclipse hotel reservations.
Replies: 39
Views: 3328

Re: Aug. 2017 US total eclipse hotel reservations.

I was on the Big Island in 1991 for the eclipse there, it was almost 7 minutes. The length is noteworthy as it give more time to experience the effect on animals, birds, temperature, etc. The most interesting part for me was meeting the people who are obsessed with solar eclipses. There are people w...
by WhyNotUs
Thu Aug 25, 2016 7:32 am
Forum: Personal Consumer Issues
Topic: Seeking advice on what to do about recent property survey/neighbor's driveway
Replies: 34
Views: 3178

Re: Seeking advice on what to do about recent property survey/neighbor's driveway

Hmm, if the county requires a survey to drill a well and the neighbors have a well, how is it that the area was never surveyed? I agree that a logical first step is sharing your surveyors findings with the neighbor. You seem to have a grasp of the range of options. A relocation of the driveway or a ...
by WhyNotUs
Thu Aug 25, 2016 7:20 am
Forum: Personal Finance (Not Investing)
Topic: how much should I shoot for as a contractor
Replies: 19
Views: 2126

Re: how much should I shoot for as a contractor

I work in a different field but have been an independent contractor for most of my adult life. Unless you have a unique skill, then the market will be a more useful input than a 2x metric. My field has become quite crowded over the years as former government workers semi-retired and dabbled in consu...
by WhyNotUs
Thu Aug 25, 2016 7:06 am
Forum: Investing - Help with Personal Investments
Topic: Help me with pros/cons for buying a 1M investment property in LA
Replies: 44
Views: 2634

Re: Help me with pros/cons for buying a 1M investment property in LA

An apartment complex with professional management or commercial property seem like better areas to explore for a $1M real estate deal. Your cash gives you a lot of leverage in a deal and there is no reason that you cannot take your time and find a solid project that will return 6 or 7% in passive in...
by WhyNotUs
Mon Aug 22, 2016 8:26 am
Forum: Personal Consumer Issues
Topic: Do you wash your car yourself, or have it done?
Replies: 96
Views: 5821

Re: Do you wash your car yourself, or have it done?

Just seeing the title to this thread reminded me to wash (by hand) my car yesterday, thanks. Yes, there is rain in the forecast today :happy
by WhyNotUs
Mon Aug 22, 2016 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Why don't ultra high net worth athletes just use a 3-fund portfolio?
Replies: 30
Views: 2436

Re: Why don't ultra high net worth athletes just use a 3-fund portfolio?

There is no one selling the 3 fund approach to high income investors. A money manager has no incentive to push it as it would be in his/her interest to sell hedges and complicated options and put their management cut into a 3 fund. Playing off an elite athlete's competitiveness to sell a hyper strat...
by WhyNotUs
Sun Aug 21, 2016 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house without a realtor, what's involved?
Replies: 26
Views: 2409

Re: Buying a house without a realtor, what's involved?

Without trying to justify the 6% or so fee, realtors do add value in a variety of situations. For the seller, they offer marketing and showings while one is working, help with maintaining an orderly due diligence and closing process, and often provide excellent advice on pricing and mortgage offers....
by WhyNotUs
Sat Aug 20, 2016 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor Services
Replies: 36
Views: 4629

Re: Vanguard Personal Advisor Services

I got one for free a few years ago and thought it was a great check in. For me, it was a way to get my wife bought into plan and part of the discussion rather than just saying "I trust you, you handle it". Thinking through tax situations was helpful. I cannot say that I followed the advice...
by WhyNotUs
Sat Aug 20, 2016 4:57 pm
Forum: Personal Consumer Issues
Topic: Sienna van keys
Replies: 6
Views: 1031

Re: Sienna van keys

My dealer was a few more dollars than the alternative but I love my local Toyo dealer and put my dollars with them for most things. No way that I would buy one that I could not try immediately. My wife drives the Sienna and loves it.
by WhyNotUs
Fri Aug 19, 2016 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: non profit scholarship fund wishes BH advice
Replies: 10
Views: 458

Re: non profit scholarship fund wishes BH advice

I serve on a modest endowment fund for a local NPO. When joining, my first effort was to work with the group to develop an investment policy. That give one a chance to work through the types of investments that will be available, an AA, cost philosophy, and other needed policies. Ours was developed ...
by WhyNotUs
Thu Aug 18, 2016 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Loan for Owner Occupied Multi-Family
Replies: 4
Views: 382

Re: Loan for Owner Occupied Multi-Family

When you say mfh, that means 4 or more units to me, as opposed to a duplex. Duplexes have more choices. 25 basis points is a good deal in today's world given how low rates are especially. Is your issue the 25% down? If so, you might be looking at private financing which will be higher interest.
by WhyNotUs
Tue Aug 16, 2016 10:18 am
Forum: Personal Consumer Issues
Topic: vacation ideas - October
Replies: 42
Views: 3351

Re: vacation ideas - October

Minneapolis- walks along the Mississippi, shows at the Guthrie, visit to Prince's state, leaves in full color, Mall of America, good light rail for getting around, and excellent music scene.
by WhyNotUs
Tue Aug 16, 2016 10:04 am
Forum: Personal Consumer Issues
Topic: Cordless battery powered yard tools?
Replies: 21
Views: 1656

Re: Cordless battery powered yard tools?

I live in the mountains and only have a small "yard" and lots of natural landscape some of which I need to trim. The corded mower was okay but had an aluminum blade that had trouble keeping up with the demands of our weeds. It lasted a couple years and then I could not find a small engine ...
by WhyNotUs
Mon Aug 15, 2016 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 299
Views: 39066

Re: Self-made Millionaires: how did hitting 7 figures change you?

It made me feel more free in supporting charities that my wife and I support.
It made it more comfortable to help with down payments or creating an emergency fund for adult children.
Allows us to better support family members struggling with health issues.
by WhyNotUs
Mon Aug 15, 2016 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: real estate housing question/dilema
Replies: 13
Views: 1254

Re: real estate housing question/dilema

Why add an extra move to your life while it is changing so much? When the new home are built and you can see them, take your time and find one that is really going to work for you. Offer a contract contingent on sale of your existing home at a minimum price and go from there. It is probably hard on ...
by WhyNotUs
Sat Aug 13, 2016 11:16 pm
Forum: Personal Consumer Issues
Topic: $67 Auto Lease??
Replies: 12
Views: 1623

Re: $67 Auto Lease??

I bought a new Ford Focus years ago for my daughters. It was a great little car. Was in the big city for a family gathering and read the paper over breakfast and saw an incredible deal on this car. I read the fine print and it was only available on that day between 10 am and 2 pm for that price (abo...
by WhyNotUs
Fri Aug 12, 2016 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Southern California Real Estate Planning
Replies: 7
Views: 683

Re: Southern California Real Estate Planning

The difference between buying a builder home versus buying a lot and hiring an architect really comes down to how clear you are about what you want and are willing to engage in the design versus whether a few changes to an existing builder floor plan will work. You are not far enough along to know t...
by WhyNotUs
Thu Aug 11, 2016 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house without a realtor, what's involved?
Replies: 26
Views: 2409

Re: Buying a house without a realtor, what's involved?

Typically the buyer prepares the contract and thus has the terms and due diligence deadlines set in a manner that can work for them. Realtors have a standard form that they use, a real estate attorney will be able to prepare the contract with you and talk you through the terms. Either then buyer or ...
by WhyNotUs
Tue Aug 09, 2016 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: ideas on how to cheaply retire part time in kauai?
Replies: 5
Views: 892

Re: ideas on how to cheaply retire part time in kauai?

Might require a bike. There is a Foodland at Princeville Center and the units at Sandpiper are pretty reasonable for sale. I would not buy however. I would look for a furnished rental, that way you can change your mind without the costs/hassle of buying and selling.
by WhyNotUs
Tue Aug 09, 2016 4:51 pm
Forum: Investing - Theory, News & General
Topic: Talking about the Bogleheads approach with non-Bogleheads
Replies: 64
Views: 4700

Re: Talking about the Bogleheads approach with non-Bogleheads

Unless one of my friends asked, they would never know my approach to investment. If they ask, I share a pretty simple overview. If they ask for specific advice, then I give it my best.

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