Search found 529 matches

by daheld
Fri Jul 19, 2019 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: What metrics do you use when evaluating potential real estate investment?
Replies: 10
Views: 468

Re: What metrics do you use when evaluating potential real estate investment?

It would take quite a discount to get to the 1.5%-2% rule. Yes I am sure these days it would. Because of this, my condos were...of substantially different class... than my other properties. They still turned a tidy profit, but I have had to do major repairs (tenants deliberately punched holes in wa...
by daheld
Fri Jul 19, 2019 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: What metrics do you use when evaluating potential real estate investment?
Replies: 10
Views: 468

Re: What metrics do you use when evaluating potential real estate investment?

Many of the generic variables have been mentioned in prior threads but I wanted to point out that you have added significant risk when you expose yourself to HOAs and COAs. Primarily these consist of: 1) COA/HOA restrictions on rentals 2) Increases in dues 3) Special assessments For these reasons, ...
by daheld
Fri Jul 19, 2019 10:17 am
Forum: Personal Finance (Not Investing)
Topic: What metrics do you use when evaluating potential real estate investment?
Replies: 10
Views: 468

Re: What metrics do you use when evaluating potential real estate investment?

There are lots of real-estate threads here but I would recommend reading this recent one in particular: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=269901 Yes, it is 12 pages / 500+ posts long. But you will quickly skim and filter out the noise and see that there are a few very knowledgeab...
by daheld
Fri Jul 19, 2019 9:45 am
Forum: Personal Finance (Not Investing)
Topic: What metrics do you use when evaluating potential real estate investment?
Replies: 10
Views: 468

What metrics do you use when evaluating potential real estate investment?

Short version: I'm considering investigating the possibility of purchasing a condo unit as a rental. What are the most important metrics I should consider when evaluating the feasibility of such an investment? Long version: My wife and I bought a home (built in 1968) about a year and a half ago. We...
by daheld
Fri Jul 19, 2019 9:29 am
Forum: Personal Consumer Issues
Topic: Do you buy cellphone outright or pay over 2 years?
Replies: 68
Views: 2226

Re: Do you buy cellphone outright or pay over 2 years?

I've always paid all at once until recently. I usually always bought older or refurbished iPhones from Apple and would use these. They were cheap (relative to the price of a new model iPhone) and worked fine for me. I'll spare you the details, but recently my wife and I both needed new phones (yes, ...
by daheld
Thu Jul 18, 2019 7:51 am
Forum: Personal Consumer Issues
Topic: Deck with Lattice skirt
Replies: 13
Views: 988

Re: Deck with Lattice skirt

Thanks All for reply. Grading is not an issue as ground slopes down from foundation. My biggest concern is weeds. I have seen many decks in neighborhood that have weeds underneath and look very unsightly. My deck will be 2-4 feet above ground so it won't be easy to spray or do any kind of maintenan...
by daheld
Wed Jul 17, 2019 10:35 am
Forum: Personal Consumer Issues
Topic: Deck with Lattice skirt
Replies: 13
Views: 988

Re: Deck with Lattice skirt

Yes, definitely put rock over the top of the landscape fabric. I would say you really don't need the landscape fabric and could just go with rocks only.

As others have said, make sure it's graded properly.
by daheld
Wed Jul 17, 2019 7:58 am
Forum: Personal Consumer Issues
Topic: Grand Canyon and More In October
Replies: 25
Views: 1553

Re: Grand Canyon and More In October

Here's my Zion recommendation. Various outfitters in Springdale offer trail shuttles. You can hire them to take you to the East Mesa Trailhead outside the eastern entrance to the park. You hike a couple miles through forest at the top of the canyon and end up at Observation Point (a viewpoint even ...
by daheld
Tue Jul 16, 2019 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: 1 million in liquid assets or paid off mortgage by 40?
Replies: 60
Views: 5236

Re: 1 million in liquid assets or paid off mortgage by 40?

Both. But if that not possible:

Option B, with $999,999.99 in liquid assets.

:D
by daheld
Fri Jul 12, 2019 10:07 am
Forum: Personal Finance (Not Investing)
Topic: How much homeowners insurance?
Replies: 16
Views: 1457

Re: How much homeowners insurance?

I am not sure whether you can select your own amount for replacement cost (RC). I am not sure about lowering the RC per erictiger12's experience, but I was easily able to raise it with Liberty Mutual ... they had low-balled RC significantly (by 50%) so even their 20% buffer would not have covered.....
by daheld
Fri Jul 12, 2019 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Would Love Some Guidance On An Umbrella Policy
Replies: 28
Views: 1841

Re: Would Love Some Guidance On An Umbrella Policy

Regardless of your decision on umbrella insurance, you absolutely should have renters insurance.
by daheld
Fri Jul 12, 2019 7:17 am
Forum: Personal Finance (Not Investing)
Topic: What would you charge if you were a FA?
Replies: 29
Views: 1956

Re: What would you charge if you were a FA?

If folks like the pre-K teacher are who you're looking to help, I think you're more likely to have an impact figuring out a way to teach personal finance and not as a FA.
by daheld
Wed Jul 10, 2019 7:20 am
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 7981

Re: Who cuts your hair? And for how much?

$30 + $5 tip = $35 total. I go once every 5-6 weeks. As others have said, I've gone the Sport Clips (and similar) route. It's like playing Russian roulette. You might get a decent (or even good) cut one time, but it's impossible to regularly go to the same person and get a similar cut every time. I ...
by daheld
Tue Jul 09, 2019 7:59 am
Forum: Personal Consumer Issues
Topic: St. Louis Travel/Tourism
Replies: 20
Views: 1192

Re: St. Louis Travel/Tourism

Fellow Missourian/current St. Louisan here. I grew up in a rural Missouri but have been in STL for 6 years or so with no plans to go anywhere. I've lived in four states and two other metro areas very comparable in size and feel to STL. St. Louis has a lot to offer and the above is a great synopsis. ...
by daheld
Fri Jul 05, 2019 12:36 pm
Forum: Personal Consumer Issues
Topic: buying a 60 or 65 inch tv this weekend. which one?
Replies: 74
Views: 3351

Re: buying a 60 or 65 inch tv this weekend. which one?

We have a much smaller, much cheaper TCL and I have zero complaints. My understanding is they absolutely compete with higher end brands in terms of quality for much less.
by daheld
Tue Jul 02, 2019 11:11 am
Forum: Personal Consumer Issues
Topic: how do couples work together on home finance
Replies: 60
Views: 4492

Re: how do couples work together on home finance

We don't use Mint and similar software, but do download transactions roughly quarterly and plug them into a homemade excel spreadsheet. It details expenses, income, and we categorize all money going out so we know how much we spent in each category and compare against budget. We used to do this mont...
by daheld
Mon Jul 01, 2019 1:09 pm
Forum: Personal Consumer Issues
Topic: Robotic Lawnmowers?
Replies: 18
Views: 1429

Re: Robotic Lawnmowers?

How much of that half acre lot is grass? My lot is .62 acres but the grass area is maybe 1/2 to 1/3 of that and it takes me 30 to 40 min to cut it with a non self propelled mower, some moderate slopes. We don't water the grass and I have to cut it maybe a dozen times a year. However, with a flat ya...
by daheld
Mon Jul 01, 2019 8:59 am
Forum: Personal Investments
Topic: Pre-Paying Mortgate Home Value Question
Replies: 7
Views: 545

Re: Pre-Paying Mortgate Home Value Question

I've got a basic question I'm hoping you can help with. I bought a house 3 years ago in a VHCOL area. Great neighborhood, great town in NJ, with good commute to NYC and great schools. However, I definitely overpaid based on current home sales around me. We were in a tight time frame so we weren't a...
by daheld
Fri Jun 28, 2019 8:46 am
Forum: Personal Consumer Issues
Topic: New debit card without requesting it?
Replies: 11
Views: 596

Re: New debit card without requesting it?

Oftentimes banks will do this if they believe there's a chance your debit card information was potentially exposed or stolen.

Instead of asking strangers on the internet, call them and ask.
by daheld
Thu Jun 27, 2019 1:56 pm
Forum: Investing - Theory, News & General
Topic: Changes Coming to TSP Funds
Replies: 0
Views: 269

Changes Coming to TSP Funds

https://www.fedsmith.com/2019/06/27/changes-coming-tsp-funds/ This is good news. From the article: -The L 2060 Fund and beyond will begin glide paths with 99% in stock investments instead of 90%. There will also be an L 2065 fund that will come out in July 2020 along with the L 2060 fund. -L Income...
by daheld
Thu Jun 27, 2019 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: I need to do a will...anyone have recommendations/advice?
Replies: 21
Views: 1224

Re: I need to do a will...anyone have recommendations/advice?

My wife and I got a will and POA's for both of us for a grand total of......$600.

Seriously, just call an attorney.
by daheld
Wed Jun 26, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Help me choose a insurance company
Replies: 16
Views: 821

Re: Help me choose a insurance company

I've used State Farm for many years. I have been satisfied. So have we! Very satisfied!! For me, auto from State Farm for 47 years and homeowners for 42.. We have state farm for homeowners, auto, and umbrella coverage. I recently contacted an independent agent to get quotes for the exact same cover...
by daheld
Wed Jun 26, 2019 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting/Expense tracking
Replies: 31
Views: 1616

Re: Budgeting/Expense tracking

I'm always surprised how many around here are comfortable using a service like Mint. I am not willing to give a single institution all the log-in information for all my banking and credit accounts. We have an excel spreadsheet that my very smart engineer wife created. Once a month or so, we download...
by daheld
Mon Jun 24, 2019 10:21 am
Forum: Personal Consumer Issues
Topic: Grand Canyon/Death Valley in October
Replies: 17
Views: 1148

Re: Grand Canyon/Death Valley in October

We're doing something similar in late October, but we have 7 days--Saturday to Saturday. We're flying in to Vegas and spending two nights. Planning to do Vegas and Hoover Dam. We then drive to the Grand Canyon for two nights. Then on to Zion for two nights. Then back to Vegas to fly out the followin...
by daheld
Mon Jun 24, 2019 7:35 am
Forum: Personal Consumer Issues
Topic: Belt sander or disc sander for refinishing decks?
Replies: 32
Views: 2451

Re: Belt sander or disc sander for refinishing decks?

Yes, rent a big unit that you walk behind. You can use a small, hand held orbital sander to get areas near your house and the big rental unit for large stretches--the majority of your deck. It'll make quick work of it. There are various styles. Just go to your local hardware store that rents them an...
by daheld
Mon Jun 24, 2019 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Which Fed Employee Health Insurance Plan?
Replies: 39
Views: 2502

Re: Which Fed Employee Health Insurance Plan?

I use APWU "low option" and personally love it.
by daheld
Fri Jun 21, 2019 7:12 am
Forum: Personal Consumer Issues
Topic: breathable office shoes
Replies: 16
Views: 1836

Re: breathable office shoes

As others have noted, need more info here. Are you male or female and are you looking for dress shoes or some other type? What kind of socks do you wear?
by daheld
Fri Jun 21, 2019 7:10 am
Forum: Personal Finance (Not Investing)
Topic: My TERM life insurance policy
Replies: 10
Views: 1286

Re: My TERM life insurance policy

I'm 33, no medical conditions, non-smoker. I bought a 20 year term $700,000 policy last year for around $300/year. I think you did fine.
by daheld
Thu Jun 20, 2019 2:24 pm
Forum: Personal Consumer Issues
Topic: Best 7 or 8 cup food processor?
Replies: 18
Views: 862

Re: Best 7 or 8 cup food processor?

We have the older version of this model, and I have to tell you that for the money, it is an absolute tank. Has performed very well over the years. https://www.walmart.com/ip/BLACK-DECKER-Easy-Assembly-8-Cup-Food-Processor-Black-FP4200B/772119289?wmlspartner=wlpa&selectedSellerId=0&adid=222222222271...
by daheld
Thu Jun 20, 2019 9:08 am
Forum: Personal Consumer Issues
Topic: Mosquitos
Replies: 45
Views: 3822

Re: Mosquitos

Been using this for years. Chrysanthemum-based, no pesticide spraying! Very effective 15 mins after turning it on: https://www.amazon.com/Thermacell-MR-PSR-Shield-Mosquito-Repeller/dp/B075SCVY1B/ref=sxin_4_ac_d_rm?crid=NA68X15FJ5C5&keywords=thermacell&pd_rd_i=B075SCVY1B&pd_rd_r=c918560a-78d1-4476-8...
by daheld
Thu Jun 20, 2019 7:12 am
Forum: Personal Finance (Not Investing)
Topic: First Child - Writing a Will
Replies: 11
Views: 714

Re: First Child - Writing a Will

My wife and I just had our first child 6 months ago. We had preliminary discussions about who we'd want to have custody should we both perish simultaneously, how we'd want assets distributed, etc. before the baby was born and before we met with an attorney. The actual drawing up of the documents is ...
by daheld
Wed Jun 19, 2019 1:51 pm
Forum: Personal Investments
Topic: Topic: tiny house + property good or bad investment?
Replies: 39
Views: 3260

Re: Topic: tiny house + property good or bad investment?

If you're buying land and building a woodworking shop, why not include a small living quarters in the woodworking shop?
by daheld
Mon Jun 17, 2019 11:11 am
Forum: Personal Investments
Topic: Advice for young married couples: PLEASE HELP!
Replies: 49
Views: 4077

Re: Advice for young married couples: PLEASE HELP!

Talk about money before you're married. I have been astounded to learn how many folks our age (mid thirties) are married to people with whom they did not discuss finances before being married. My wife and I are 100% combined everything--checking, savings, etc. We discuss finances regularly and are o...
by daheld
Mon Jun 17, 2019 7:34 am
Forum: Personal Finance (Not Investing)
Topic: How to pay homeowner's insurance, escrow or bank account?
Replies: 11
Views: 827

Re: How to pay homeowner's insurance, escrow or bank account?

The overwhelming majority of responses you're going to get around here will be to NOT escrow. It doesn't cost you any more, but lenders do sometimes make mistakes in paying your taxes and insurance, and it costs the same amount of money to just pay it yourself. It takes two extra checks per year, an...
by daheld
Mon Jun 17, 2019 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Dental/Vision Insurance for Baby
Replies: 33
Views: 1494

Re: Dental/Vision Insurance for Baby

$198 per pay period just for dental? At those premiums I think I would strongly consider self insuring given most dental plans cap out at $1500 per year per person and premium requires you to almost max it out to break even ^^^THIS. That is highway robbery. Good lord. Definitely. If it were just a ...
by daheld
Fri Jun 14, 2019 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Dental/Vision Insurance for Baby
Replies: 33
Views: 1494

Re: Dental/Vision Insurance for Baby

$198 per pay period just for dental? At those premiums I think I would strongly consider self insuring given most dental plans cap out at $1500 per year per person and premium requires you to almost max it out to break even ^^^THIS. That is highway robbery. Good lord. Definitely. If it were just a ...
by daheld
Fri Jun 14, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Dental/Vision Insurance for Baby
Replies: 33
Views: 1494

Re: Dental/Vision Insurance for Baby

hayhayday wrote:
Fri Jun 14, 2019 2:27 pm
$198 per pay period just for dental? At those premiums I think I would strongly consider self insuring given most dental plans cap out at $1500 per year per person and premium requires you to almost max it out to break even
^^^THIS. That is highway robbery. Good lord.
by daheld
Thu Jun 13, 2019 10:53 am
Forum: Personal Consumer Issues
Topic: [Forget] The Seaweed! We're Headed For Cancun!!
Replies: 17
Views: 1549

Re: [Forget] The Seaweed! We're Headed For Cancun!!

There's essentially nothing to see in the hotel zone. It's all resorts and a few shops. You can go into town to the mercados to buy junk trinkets and haggle with people trying to hock their wares. When we went we were on a honeymoon, and spent our time laying on the beach drinking too many caipirinh...
by daheld
Thu Jun 13, 2019 8:26 am
Forum: Investing - Theory, News & General
Topic: The Automatic Enrollment Percentage in the TSP is Increasing
Replies: 1
Views: 272

The Automatic Enrollment Percentage in the TSP is Increasing

https://www.fedsmith.com/2019/06/06/automatic-enrollment-percentage-tsp-increasing/ From the article: The Federal Retirement Thrift Investment Board (FRTIB), the agency that administers the Thrift Savings Plan (TSP), will increase the automatic enrollment percentage from 3% to 5% of pay for all par...
by daheld
Wed Jun 12, 2019 8:07 am
Forum: Personal Finance (Not Investing)
Topic: New Federal employee ... Choosing Healthcare
Replies: 19
Views: 1475

Re: New Federal employee ... Choosing Healthcare

I'm a federal employee of a little more than 4 years. Others with more experience can and probably will chime in, but I have to say that I've been pleased with the APWU Consumer Driven option. The structure of the plan is a little different than others I've used, but I really like it. For a family o...
by daheld
Wed Jun 12, 2019 7:25 am
Forum: Personal Consumer Issues
Topic: Central Air Conditioning Troubleshooting
Replies: 18
Views: 1166

Re: Central Air Conditioning Troubleshooting

The most common reason for the problem you describe is a bad capacitor. If you have a multimeter you can determine if the capacitor is bad pretty easily (especially one that can test capacitance). YouTube is your friend here. If the capacitor is bad then it's a super easy fix. If you do mess with t...
by daheld
Wed Jun 12, 2019 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Shopping insurance? How often?
Replies: 15
Views: 958

Re: Shopping insurance? How often?

This post has motivated me to do some rate shopping through an independent agent. I've always used State Farm, and my perception is that our current insurance premiums (for homeowners, auto on two cars, and $1 million umbrella) are not bad. I'll be interested to hear what kind of numbers I get back ...
by daheld
Mon Jun 10, 2019 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: OT: Ideas for Detroit Downtown visit
Replies: 12
Views: 709

Re: OT: Ideas for Detroit Downtown visit

My wife is from Dearborn, so I'll second the Ford tour. I would highly recommend The Henry Ford Museum/Greenfield Village.
by daheld
Mon Jun 10, 2019 11:03 am
Forum: Personal Consumer Issues
Topic: How to get good at a racket sport without coaching?
Replies: 43
Views: 1384

Re: How to get good at a racket sport without coaching?

My brother wants to learn to fly fish. He bought a fly rod and accessories. He called a guy who owns a fly fishing shop and offers lessons. On the owner's advice, he's taking one lesson to learn basics and fundamentals. Per my brother, the owner told him, "I like to give people a good foundation to ...
by daheld
Thu Jun 06, 2019 2:59 pm
Forum: Personal Consumer Issues
Topic: Help:Finally cutting the cord with U-verse...
Replies: 14
Views: 995

Re: Help:Finally cutting the cord with U-verse...

I'm in a similar predicament. We have DirecTV and ATT internet bundled. After my first year, my rate was supposed to go up $30/month. Instead the bill doubled. After some wrangling, I've got it down to what it should be, but this is after two months of paying twice what we should be paying. After ou...
by daheld
Wed Jun 05, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: Gillette Fusion razors
Replies: 57
Views: 5006

Re: Gillette Fusion razors

runner3081 wrote:
Wed Jun 05, 2019 1:17 pm
Have been using Dorco for years. Much cheaper and no issues.
I'm a DE shaver and love Dorco blades. I bought a pack of 100 and it will last me years and years (and years and years and years).
by daheld
Wed Jun 05, 2019 2:22 pm
Forum: Personal Consumer Issues
Topic: How to pay electrician
Replies: 38
Views: 3513

Re: How to pay electrician

Have you questioned why there was a $200 increase? If there's a good reason, like the scope of the job unexpectedly changed and wound up costing more in materials than originally planned, I could potentially see being ok with paying more than the initial quote. Ideally this should've been communicat...
by daheld
Wed May 29, 2019 9:03 am
Forum: Personal Consumer Issues
Topic: Double ovens, please advise on these options, have gone through 2 ovens in under 10 years.!
Replies: 49
Views: 3154

Re: Double ovens, please advise on these options, have gone through 2 ovens in under 10 years.!

We have this model: https://www.kitchenaid.com/major-appliances/wall-ovens/double-wall-ovens/p.30-double-wall-oven-with-even-heat-true-convection-upper-oven.kode300ess.html Have been installed and used regularly for a little over a year with no issues. We cook at home (though not exclusively in the ...
by daheld
Tue May 28, 2019 7:07 am
Forum: Personal Consumer Issues
Topic: What has changed in new home construction over the years?
Replies: 49
Views: 6147

Re: What has changed in new home construction over the years?

As someone who has poured a lot of concrete, all concrete will crack. The key is controlling the cracks. I have never seen concrete set for weeks or months before building began unless it was a DIY affair. The biggest concrete sin I see modern day builders do is pour it too wet which minimizes the ...
by daheld
Fri May 24, 2019 2:35 pm
Forum: Personal Consumer Issues
Topic: Relocate to Charleston SC?
Replies: 57
Views: 5841

Re: Relocate to Charleston SC?

I would recommend you look at Beaufort, SC. Maybe an hour south of Charleston, at a 50% discount. We spend the winter on Harbor Island, just outside of Beaufort. Beaufort has a beautiful historic downtown with a nice, hip restaurant scene. Summers can be brutal. A lot slower pace and much less traf...