Search found 51 matches

by London
Thu Jan 03, 2019 5:58 am
Forum: Personal Consumer Issues
Topic: Your ideal home size
Replies: 130
Views: 8300

Re: Your ideal home size

Our home is 8,000 sq ft with an additional 2,000 sq ft of finished basement. It sits on 56 acres. We previously lived in 2,300 sq ft with no finished basement. We are a family of 5 plus in-laws and the space is great for us. There is room for everything we enjoy doing. It’s expensive in every way (u...
by London
Sat Dec 29, 2018 7:46 am
Forum: Personal Consumer Issues
Topic: Hot Tub - Spa Purchase Help
Replies: 17
Views: 1039

Re: Hot Tub - Spa Purchase Help

My experience with a hot tub was short-lived. One came with the house I bought. Once I realized how much it would cost to heat the water, I took a Sawzall to it and hauled the pieces to the dump. This has absolutely nothing to do with the question. But please feel free to pat yourself on the back. ...
by London
Fri Dec 28, 2018 8:36 pm
Forum: Personal Consumer Issues
Topic: Hot Tub - Spa Purchase Help
Replies: 17
Views: 1039

Re: Hot Tub - Spa Purchase Help

My experience with a hot tub was short-lived. One came with the house I bought. Once I realized how much it would cost to heat the water, I took a Sawzall to it and hauled the pieces to the dump. This has absolutely nothing to do with the question. But please feel free to pat yourself on the back.
by London
Sun Dec 23, 2018 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Employer asking me to move my brokerage account
Replies: 30
Views: 3410

Re: Employer asking me to move my brokerage account

Just curious...how would they have access to your personal financial transactions or knowledge of accounts you are in possession? They do not have access to your 1040 do they, as a mortgage company would when applying for a loan, etc? I’ve always wondered about this when I’ve seen the topic come up...
by London
Thu Nov 29, 2018 8:23 am
Forum: Personal Consumer Issues
Topic: Why you might want to reconsider buying a vehicle with direct fuel injection
Replies: 48
Views: 4282

Re: Why you might want to reconsider buying a vehicle with direct fuel injection

I had an Audi A4 that needed walnut blasting due to this issue. It wasn’t expensive to fix. More importantly, after the fix, the mechanic told me I should red line it a couple times a week and it wouldn’t happen again. To do that, I’d just keep the car in a lower gear and accelerate normally. He was...
by London
Wed Nov 21, 2018 8:39 pm
Forum: Personal Consumer Issues
Topic: All inclusive resort with 9 year old?
Replies: 5
Views: 831

Re: All inclusive resort with 9 year old?

We did Sandos Caracol Eco resort in Mexico last summer with three kids, specifically because of their water slides. The food won’t blow you away and they don’t go crazy with air conditioning due to the “eco” factor but it was enjoyable. We dropped the kids at the kids club for a few hours a day and ...
by London
Sun Nov 18, 2018 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: parents buying home for sibling
Replies: 44
Views: 5757

Re: parents buying home for sibling

I’m curious if this rather wholesome “stay out of it” advice will extend to the inevitable situation where this sibling find themselves and their parents flat broke and homeless? Despite people on the most risk averse board on the internet saying otherwise, this is a low probability event for folks...
by London
Sun Nov 18, 2018 7:00 am
Forum: Personal Finance (Not Investing)
Topic: parents buying home for sibling
Replies: 44
Views: 5757

Re: parents buying home for sibling

Assuming they can afford to do this, stay out if it. It’s not your money or your business. If you are worried about an inheritance, that’s gross.
by London
Tue Nov 13, 2018 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 222
Views: 29654

Re: [Financial] Habits of the Rich

I’ve never been shy about asking for a lot of money at work. That, coupled with busting my ass to justify the high compensation has been the key to wealth accumulation. Don’t be shy about putting a high valuation on yourself but be prepared to back it up.
by London
Mon Oct 29, 2018 4:47 am
Forum: Personal Consumer Issues
Topic: Additional charges for kids in Las Vegas hotels
Replies: 25
Views: 2735

Re: Additional charges for kids in Las Vegas hotels

This is the most risk averse board on the internet. Of course you can "sneak" your kids in. Vegas hotels have thousands of rooms and decentralized elevator banks. It's not like the local Hampton Inn where you all have to walk past the desk. The maids don't care and won't alert the desk. Much worse h...
by London
Sat Oct 27, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 26119

Re: PSA: Don't buy a big house

I lived most of my life in 1,000 or smaller square foot apartments. Our current ~2,000 square foot house feels like a castle to me. I have no idea how people live in 3,000+ square foot houses. I'd probably get lost and call for help. Yeah I can't count how many times I get lost in my craftsman McMa...
by London
Wed Oct 24, 2018 6:22 am
Forum: Personal Finance (Not Investing)
Topic: Action on mortgage lender.
Replies: 16
Views: 1698

Re: Action on mortgage lender.

You have almost no chance of having the lender reimburse you for any losses on your side. They are lending you money, they aren't required to do so. Delays in the mortgage process are common. You always have the option of going with another lender but that will add time to the process as well.
by London
Tue Oct 23, 2018 7:06 am
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 26119

Re: PSA: Don't buy a big house

http://mcmansionhell.com You’re welcome Oh gosh, I had not looked at that for a LONG time, thanks. The beige kitchen with white appliances. Must.Have. :shock: That is my favorite website!! I love to show it to people who don't get why they are so ugly :) Different people like different things. Whil...
by London
Mon Oct 22, 2018 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: House has major repair issues right after buying... options
Replies: 27
Views: 2333

Re: House has major repair issues right after buying... options

I'm guessing you had an inspection done, but the inspector didn't pick up on this. Any chance you purchased a homeowners warranty policy? My guess is that there is really no recourse - although I'd definitely discuss with the flippers and see if they'd do the right thing and offer to help with fixi...
by London
Tue Oct 16, 2018 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: CA property tax > $10K, any options to deduct all?
Replies: 45
Views: 5910

Re: CA property tax > $10K, any options to deduct all?

And remember that if you were in the AMT, we were not deducting real estate taxes anyway so you may not notice a big difference this year. Try running some projections with some of the online tax projection programs to see what you're in for. This is an important point. In high tax states like NY a...
by London
Thu Sep 20, 2018 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 5003

Re: Dilemma: Add room to current house or buy new house?

kjvmartin wrote:
Thu Sep 20, 2018 10:26 am
If material things make you happy you'll never be happy for very long.
Yawn. Plenty of people have "material things" like family heirlooms (etc) that make them happy and they manage to live happy fulfilling lives. Pious internet talk in my view.
by London
Mon Sep 17, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 5003

Re: Dilemma: Add room to current house or buy new house?

Even though the house is pretty large (>6000sqft) including unfinished basement, my spouse always thought or felt it was a bit too small.... What do you suggest is the best course of action? Family counseling. That is not meant to be snarky but if 6000 square feet is not big enough then there is so...
by London
Thu Sep 13, 2018 12:24 pm
Forum: Personal Consumer Issues
Topic: How to determine quality of a finished new construction home
Replies: 45
Views: 3157

Re: How to determine quality of a finished new construction home

How likely is it that they make all of the apparent stuff high quality but average or lower quality on construction like insulation, materials, foundation, roofing, etc.? The likelihood is 100%. Agreed. Not totally sure I agree. If it's a spec home, I assume corners will be cut. If it's a one-off c...
by London
Tue Sep 11, 2018 8:28 pm
Forum: Personal Consumer Issues
Topic: Advice on how to deal with barking dogs
Replies: 59
Views: 5334

Re: Advice on how to deal with barking dogs

Just man up (or woman up) and go talk to the neighbor. If that doesn't work, pursue some of the other options mentioned in the thread. But give the person a chance to discuss it.
by London
Mon Sep 10, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation house? Need objective third party
Replies: 67
Views: 6240

Re: Vacation house? Need objective third party

I'm not big on vacation houses but it appears you can afford it at face value. At this income level the old adage applies, "you can have any thing you want but not everything you want". Make sure you're other expenses don't explode and you'll be fine.

Just keep in mind, now you have to work.
by London
Fri Sep 07, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Home purchase PITI % for high income earners
Replies: 16
Views: 1236

Re: Home purchase PITI % for high income earners

Figure out your financial goals and work backwards. Start with your gross, first take out your taxes and desired savings rate. Once you've done that, figure out an amount you're comfortable with. We all have different goals. If you are a homebody who values a particular school district (in a HCOL ar...
by London
Thu Sep 06, 2018 7:50 pm
Forum: Personal Consumer Issues
Topic: Selling a newish vehicle yourself, how to do it?
Replies: 61
Views: 3255

Re: Selling a newish vehicle yourself, how to do it?

Whenever I read the bogglehead advice on selling a car I always chuckle. First, it assumes criminal masterminds are out for your $5k car. Then, it assumes that a normal buyer will put up with your paranoid demands instead of buying just one of the thousands of other cars available. If someone asked ...
by London
Sun Sep 02, 2018 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 19152

Re: How to Retire in Your 30's with $1 Million in the Bank

To each their own. I rarely consider people in these types of articles retired, but if they do, it doesn't bother me.

I also don't consider working to be "wasting" your life. But if they do, it doesn't bother me.
by London
Thu Aug 30, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: Getting quotes for geothermal
Replies: 33
Views: 2396

Re: Getting quotes for geothermal

Are you planning an open loop or closed loop system? I ask because my house had an open loop system when I bought it and it didn't function properly due to water table. We eventually had to scrap it and convert to natural gas.
by London
Wed Aug 22, 2018 8:16 pm
Forum: Personal Consumer Issues
Topic: Graduate Degree Mistakenly (?) Conferred - What to Do? [solved]
Replies: 76
Views: 7532

Re: Graduate Degree Mistakenly (?) Conferred - What to Do? [solved]

When a university holds back a degree over something like an unpaid parking ticket, I never hear the moral argument. Which means that it's morally correct to hold back a degree that someone has earned (due to admin) but not ok to take advantage when admin works in your favor? (For disclosure, I don'...
by London
Wed Aug 22, 2018 4:47 am
Forum: Personal Finance (Not Investing)
Topic: Conservation Easement Deductions
Replies: 6
Views: 652

Re: Conservation Easement Deductions

I have a conservation easement on some of my property. All I would say is that you better make sure you never want to use the land again as they can't be recinded. I don't want to rescind, so that's not a problem but it's a topic I follow from time to time. I'm curious how an agreement made in perpe...
by London
Thu Aug 09, 2018 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Ask for extension or turn down job offer?
Replies: 22
Views: 1521

Re: Ask for extension or turn down job offer?

The division I'm responsible for makes many grad offers ever year. I expect that until the candidate is in the door, they will shop that offer looking for what's best for them. I have no problem with that and don't consider it unethical. I also wouldn't formally grant more time to a college student ...
by London
Fri Aug 03, 2018 7:00 pm
Forum: Personal Consumer Issues
Topic: Audi A4 -- Does Anyone Have an Opinion About It?
Replies: 31
Views: 3155

Re: Audi A4 -- Does Anyone Have an Opinion About It?

I bought one used and then kept it for 9 years. I had absolutely no issues with it and thoroughly enjoyed the car. I just replaced it and considered getting another. The only thing that held me back was wanting some variety. I would recommend based on my experience. The car drove great. Some of the ...
by London
Fri Aug 03, 2018 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Impact of higher property taxes on home price
Replies: 45
Views: 2529

Re: Impact of higher property taxes on home price

It absolutely should have an impact to house prices. In an efficient market, that impact would happen somewhat immediately, but real estate is generally slower moving. It's my belief that the tax law changes (remember the change to mortgage interest as well) hasn't propagated through the market - a...
by London
Thu Aug 02, 2018 7:44 pm
Forum: Personal Consumer Issues
Topic: Which diet soda pop do you enjoy?
Replies: 110
Views: 5123

Re: Which diet soda pop do you enjoy?

For very credible health reasons, I have stopped drinking any kind of soda/pop - whether with sugar or artificial sweeteners. On some occasions, I do have sparking water - such as Perrier or store brands. It's only took 7 replies for the self righteous to ignore the OP and talk about why they don't...
by London
Wed Aug 01, 2018 8:05 pm
Forum: Personal Consumer Issues
Topic: Best schools for an IB internship
Replies: 17
Views: 1537

Re: Best schools for an IB internship

Very few people who start in IB ever become managing directors. Most self select out, others can't hack it. Lots of young people under estimate the impact of 100 hour weeks. Wall Street oasis is an echo chamber for those that think IB is the only way to have a successful career on Wall Street. There...
by London
Mon Jul 30, 2018 3:56 pm
Forum: Personal Consumer Issues
Topic: Home audio - what do I need
Replies: 3
Views: 578

Re: Home audio - what do I need

I had a similar issue when I bought my house. I'm not an audiophile, so I bought a used 12 channel amplifier on eBay. I then bought a cheap audio chromecast. For under $150, I have everything I need. I stream from Pandora via my phone and it's very easy.

It's all about defining your use case first.
by London
Sat Jul 21, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Unpermitted structure - options?
Replies: 27
Views: 2766

Re: Unpermitted structure - options?

Plenty of people have something that's not permitted on their property. It's usually not a problem unless you have an aggressive code enforcement division. I personally wouldn't worry about it and I wouldn't try to make it legal. It's not a problem until you sell. And in the case of your purchase, i...
by London
Sat Jul 07, 2018 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: How to "retire" in your 30's article
Replies: 110
Views: 15545

Re: How to "retire" in your 30's article

Doesn't seem like anyone retired to me. One person chose to be a stay at home parent and the other chose reduced hours. People make this decision every day. The reasons behind the decision are obviously vastly different. I should think anyone can see that. If you have enough to live off for life yo...
by London
Fri Jul 06, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: How to "retire" in your 30's article
Replies: 110
Views: 15545

Re: How to "retire" in your 30's article

Doesn't seem like anyone retired to me. One person chose to be a stay at home parent and the other chose reduced hours. People make this decision every day.
by London
Wed Jul 04, 2018 6:30 am
Forum: Personal Consumer Issues
Topic: Surface Pro(2017) vs 9.7" iPad 2018 (edited)
Replies: 35
Views: 2867

Re: Surface Pro(2017) vs 10.5" iPad Pro

I have a Surface Pro and I would absolutely recommend. I did a lot of research before the purchase and it has still exceeded my expectations. I enjoy being able to do PC things when I want or tablet things when I want. I like OneNote and being about to add additional storage via a stick (put movies ...
by London
Sun Jul 01, 2018 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 375
Views: 22360

Re: What are your property taxes?

I'm also in Monmouth County, NJ. My property taxes are about $30k on an assessed value of just under $2m. A conversation easement on some of the land helps keep them "down". I live in a great town with awesome schools. While I'd love to pay less, I accept this as the cost to live this lifestyle. I h...
by London
Mon Jun 25, 2018 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 408
Views: 41758

Re: What is/ was your career and would you recommend it now?

COO for technology at a major Wall Street bank. Despite having no formal technology education, somehow they let me run the day to day. I've had a variety of roles at banks and this is my calling I guess. The pay is amazing, the hours are long, the people are smart, and the job is a lot of fun. When ...
by London
Wed Jun 13, 2018 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement
Replies: 74
Views: 7674

Re: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement

All these formulaic articles forget to mention a few things: 1. There is a generation between baby boomers and millennial and they do buy houses. 2. Immigration makes up for the lower birth rate. Im bored with the constant drum beat of "millennials don't want houses in the suburbs". Generalizations ...
by London
Thu May 17, 2018 4:42 am
Forum: Personal Consumer Issues
Topic: Bed Bugs
Replies: 42
Views: 5028

Re: Bed Bugs

OP here. Just to put a bow on this thread, I haggled down to $700 and went with the professional. Hopefully they can stop this issue in its tracks.
by London
Tue May 15, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: Debating whether to rebuild tractor or buy a new zero turn
Replies: 33
Views: 2395

Re: Debating whether to rebuild tractor or buy a new zero turn

$3K for a 52" ZTR does not sound like a quality mower (no offense). If you want a good mower, you need to go with a commercial brand with a fabricated deck and a high quality engine like Kawasaki. Some brands to investigate: Bob-Cat Bad-Boy Scag Kubota Dixie Chopper Exmark Ferris Gravely Look to sp...
by London
Mon May 14, 2018 8:44 pm
Forum: Personal Consumer Issues
Topic: Bed Bugs
Replies: 42
Views: 5028

Re: Bed Bugs

I am sorry to tell you that this is serious and expensive to fix. Bed bugs are very costly to eradicate. If can see them, you have a problem. The rates you have been quoted seem reasonable. Our apartment neighbor once took in her homeless son. He brought them from the shelter to her apartment and t...
by London
Mon May 14, 2018 8:23 pm
Forum: Personal Consumer Issues
Topic: Bed Bugs
Replies: 42
Views: 5028

Re: Bed Bugs

Personally, I think you are paying because of fear. I'd do-it-yourself first for under $100. Can you figure out how bed bugs got into the house in the first place? I'm only using a professional to make my wife happy. Agreed that emotion is playing a part. I'm not considering the whole house number....
by London
Mon May 14, 2018 7:55 pm
Forum: Personal Consumer Issues
Topic: Bed Bugs
Replies: 42
Views: 5028

Bed Bugs

Not a pleasant topic but 4 bed bugs were found in my daughters room today. My wife is freaked out. We had a service come in and search the house ($250). They said they only found them (dead) in my daughters room and on a chair that she likes in the living room. Obviously we are going to take care of...
by London
Thu Mar 22, 2018 7:21 am
Forum: Personal Consumer Issues
Topic: Drink package on Royal Caribbean, worth it?
Replies: 73
Views: 9267

Re: Drink package on Royal Caribbean, worth it?

For what it's worth, I snuck an entire case of beer onto a cruise. The way to do it is to buy the 16oz plastic bottles and lines them around the suitcase standing upright. They won't scan. Then I just put it on ice in the room. That said, I did make a mistake in that I brought Miller Lite not realiz...
by London
Sun Mar 18, 2018 7:41 pm
Forum: Personal Consumer Issues
Topic: Selling time share "points" for my stepfather
Replies: 12
Views: 1707

Re: Selling time share "points" for my stepfather

Usually time shares are not an asset but rather a liability. I don't know about the program but there are many that trade at pennies on the dollar and some you pay others to take.
by London
Fri Mar 16, 2018 8:01 am
Forum: Personal Consumer Issues
Topic: Large life style creep that was completely worth it
Replies: 112
Views: 16056

Re: Large life style creep that was completely worth it

To me, life isn't about dying with money. I make sure that I'm saving for the future but not saving to make my kids rich when I'm not around. We bought an enormous house on a lot of land in a VHCOL area. Property taxes alone are ridiculous. We can afford it. We love it and the kids love it. I don't ...
by London
Mon Jan 22, 2018 7:59 am
Forum: Personal Consumer Issues
Topic: Family Balance and Children's Athletics
Replies: 37
Views: 2971

Re: Family Balance and Children's Athletics

It all depends on the kid. Some like it and want more. Some are happy with less. Most parents try to make it all about themselves and that's when problems start. Travel sports don't have to be a cult. They are a time commitment however. One way of limiting the impact on the rest of the family can be...
by London
Fri Jan 19, 2018 5:44 pm
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 142
Views: 9797

Re: Short Commute or Nicer House?

I think it all depends on what you would be doing with the time otherwise. I have an hour and fifteen minute commute via bus. I wake up early and then sleep on the bus. If I had a shorter commute I would just be sleeping at home. No real difference. In the evening I read or watch something. When I g...
by London
Thu Nov 30, 2017 6:00 pm
Forum: Personal Consumer Issues
Topic: housing for in-laws
Replies: 48
Views: 4323

Re: housing for in-laws

My inlaws live with us but I didn't agree to it until I found the perfect setup. They have their own separate kitchen, living room, entrance, etc and it has worked out fine. There is only one door that connects the main living space and we generally leave it close (and knock if we want to see each o...