Search found 84 matches

by jks1985
Thu Apr 30, 2020 3:36 pm
Forum: Personal Investments
Topic: Where to place cash for monthly expenses?
Replies: 16
Views: 1020

Re: Where to place cash for monthly expenses?

I'm doing VUSXX and high yield savings accounts.
by jks1985
Wed Dec 18, 2019 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: About to close on house. Issue just popped up on title. What should I do?
Replies: 22
Views: 2520

Re: About to close on house. Issue just popped up on title. What should I do?

Do you have title insurance that will cover you and not just the mortgage lender? Will you be getting a mortgage? If so and they are OK with this then that would make me feel more comfortable with the situation since both of these companies have a lot more at risk than you do. Yes the lawyer says t...
by jks1985
Wed Dec 18, 2019 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: About to close on house. Issue just popped up on title. What should I do?
Replies: 22
Views: 2520

Re: About to close on house. Issue just popped up on title. What should I do?

TOM1964 wrote: Wed Dec 18, 2019 2:59 pm You have a lawyer's advice, and you want to hear from anonymous strangers on the internet?
LOL! Yes. I just want to get other opinions.
by jks1985
Wed Dec 18, 2019 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: About to close on house. Issue just popped up on title. What should I do?
Replies: 22
Views: 2520

About to close on house. Issue just popped up on title. What should I do?

Set to close on Monday. The lawyer just informed me that there was a mortgage from a prior owner that's been discharged (paid off) but by the wrong company I guess what happened was a mortgage was taken out with MERS in 2012, but then re-assigned to Santander in 2014, and then paid off by MERS in 20...
by jks1985
Sun Nov 24, 2019 9:09 pm
Forum: Personal Consumer Issues
Topic: Just had home inspection done. What should I get fixed before closing?
Replies: 22
Views: 2904

Re: Just had home inspection done. What should I get fixed before closing?

The beam and the drainage are the two that would most concern me. Re: drainage. It's easy to say "regrade" but can it actually be regraded? Water flows down hill. There has to be a place for the water to go that's lower than the foundation. The water should move off the property to the st...
by jks1985
Sun Nov 24, 2019 9:05 pm
Forum: Personal Consumer Issues
Topic: Just had home inspection done. What should I get fixed before closing?
Replies: 22
Views: 2904

Re: Just had home inspection done. What should I get fixed before closing?

bob60014 wrote: Sun Nov 24, 2019 10:34 am Is this garage attached or detached?
The garage is attached.
by jks1985
Sun Nov 24, 2019 9:51 am
Forum: Personal Consumer Issues
Topic: Just had home inspection done. What should I get fixed before closing?
Replies: 22
Views: 2904

Just had home inspection done. What should I get fixed before closing?

About to close on a "new" house in a VHCOL area. It's not technically new. It was a tear down to the basement/foundation and rebuilt on top of that. 3000 square foot house. I just had the home inspection and the inspector found some things. Not sure how major or minor these issues are (as ...
by jks1985
Sat Nov 09, 2019 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 11741

Re: Seller's agent not letting us use a buyer's agent

A lot of good advice in this thread. Looks like I made a couple of mistakes along the way. Going forward, I will avoid meeting with the seller's agents alone, giving them my contact info, or even contacting them. I'll also go out of my way to make sure they know I have a buyer's agent if I go to any...
by jks1985
Fri Nov 08, 2019 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 11741

Re: Seller's agent not letting us use a buyer's agent

Did your buyers agent ever show you the house? Not clear that they've done anything in this deal. My buyer's agent is a Redfin agent. He never showed us the house personally, but I had him check out the house on our behalf to check out the quality of construction, etc. Is he a home inspector? How i...
by jks1985
Fri Nov 08, 2019 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 11741

Re: Seller's agent not letting us use a buyer's agent

If you had a Buyer's Agent, they should have been with you from the first visit. You were asked if you had an agent, and you said no. For what purpose would you use a Buyer's Agent at this point? Negotiating? Hire a real estate attorney, which you should do before you sign anything. We visited prob...
by jks1985
Fri Nov 08, 2019 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 11741

Re: Seller's agent not letting us use a buyer's agent

MP123 wrote: Fri Nov 08, 2019 10:24 pm Did your buyers agent ever show you the house? Not clear that they've done anything in this deal.
My buyer's agent is a Redfin agent. He never showed us the house personally, but I had him check out the house on our behalf to check out the quality of construction, etc.
by jks1985
Fri Nov 08, 2019 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 11741

Re: Seller's agent not letting us use a buyer's agent

The sellers agent did all the work and you didn’t tell them that you had an agent. They deserve the whole sale. You don’t have to miss out on the house. You just need to get over being miffed. Sorry. Cheers He showed us the house once. He asked if we had an agent during the tour. We said we did not...
by jks1985
Fri Nov 08, 2019 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 11741

Seller's agent not letting us use a buyer's agent

My wife and I have been looking for a house for about a year now. We've had our eyes on one of them. It's been on the market for 100 days. We went to its open house 2.5 months ago. Two weeks ago, we wanted to see it again, so we called the company (C21) on the sign outside and had the seller's agent...
by jks1985
Wed Sep 04, 2019 3:05 pm
Forum: Personal Consumer Issues
Topic: Requesting some general life advice (career, living location, etc.).
Replies: 23
Views: 2458

Re: Requesting some general life advice (career, living location, etc.).

Go for the kid now. It'll only get harder the longer you wait. Also, it will clear up some questions for you.
by jks1985
Sun Aug 11, 2019 9:56 am
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 11999

Re: Healthy fast food

I guess this all depends on your definition of healthy. Vegans think only vegan food is healthy. Low-fat diet advocates think only low-fat is healthy. Carnivore diets think eating meat is the only healthy thing. For me, if I want healthy, I'll just go to a Trader Joe's or Whole Foods and get somethi...
by jks1985
Sun Aug 11, 2019 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Condo or SFH for frequently traveling family?
Replies: 15
Views: 1290

Re: Condo or SFH for frequently traveling family?

JoeRetire wrote: Sat Aug 10, 2019 12:30 pm Do you still plan to be away for 1-2 months when the kids are in school? Could you just hire someone to look after your house while you are away?
Yes, we will plan to be away for 1-2 months when the kids are in school (maybe closer to 1 month at that time).
by jks1985
Sun Aug 11, 2019 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Condo or SFH for frequently traveling family?
Replies: 15
Views: 1290

Re: Condo or SFH for frequently traveling family?

I work with someone who has a condo in FL. A few years ago, a pipe burst in the ceiling of his unit while he was not residing there, and water kept flowing until the unit below him started to flood. This kicked off a 2-year battle between himself, his insurer, and the HOA and nearly drove him mad. ...
by jks1985
Fri Aug 09, 2019 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Condo or SFH for frequently traveling family?
Replies: 15
Views: 1290

Re: Condo or SFH for frequently traveling family?

There are lots of folks that have two homes within the US and spend time in the winter months in warmer climates and vice versa for months at a time. 1 to 2 months is nothing. Others travel overseas for extended period of time. No difference. Buy the house. Cheers Yes, but what do they do for secur...
by jks1985
Fri Aug 09, 2019 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Condo or SFH for frequently traveling family?
Replies: 15
Views: 1290

Condo or SFH for frequently traveling family?

My family spends 1-2 months per year overseas (staying with wife's family). We are in a VHCOL city. We've been looking to buy a place in a good school district (suburb) before the kids reach kindergarten, but are afraid to leave a single family house empty for such a long time while we are gone. Wou...
by jks1985
Tue Jul 30, 2019 8:36 am
Forum: Personal Consumer Issues
Topic: What's your Uber passenger rating?
Replies: 118
Views: 7822

Re: What's your Uber passenger rating?

4.72 Surprised to see mine is on the low-side here on BH. I had this same conversation with a group of friends at dinner a few weeks ago and mine was on the high-end. I remember my score was around 4.8 to 4.9 a couple of years back. Recently, I've been bringing a car seat and bringing my baby with m...
by jks1985
Sun Jun 02, 2019 9:41 pm
Forum: Personal Consumer Issues
Topic: Boston area - nice towns for families
Replies: 80
Views: 5916

Re: Boston area - nice towns for families

I love Southborough and Hopkinton, and they aren't that pricey compared to Needham/Westwood/Dover. How much of a commute can your husband handle?
by jks1985
Mon May 27, 2019 7:50 am
Forum: Investing - Theory, News & General
Topic: Is the housing market starting to collapse?
Replies: 122
Views: 14141

Re: Is the housing market starting to collapse?

This thread is either:
- Homeowner's who don't want prices to drop saying that there's no collapse
OR
- People hoping for prices to drop (so they can buy) saying that there will be a collapse
by jks1985
Tue Jan 22, 2019 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: How far before move-in date should I sign an apartment lease to get the best price (Boston area)
Replies: 7
Views: 910

Re: How far before move-in date should I sign an apartment lease to get the best price (Boston area)

The three apartment buildings I'm looking at all have multiple two bedroom units available to rent now, so I assume there will also be units available in March. Sounds like holding off and then negotiating when I'm ready to sign is the way to go.
by jks1985
Mon Jan 21, 2019 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: How far before move-in date should I sign an apartment lease to get the best price (Boston area)
Replies: 7
Views: 910

Re: How far before move-in date should I sign an apartment lease to get the best price (Boston area)

As someone who lives in one of those apartment buildings, I would do it fairly soon. My lease requires us to provide notice of 60 days before our lease expires if we want to sign a new lease. They send out reminders 90 days in advance. So if someone is moving out, they will probably provide notice ...
by jks1985
Mon Jan 21, 2019 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: How far before move-in date should I sign an apartment lease to get the best price (Boston area)
Replies: 7
Views: 910

How far before move-in date should I sign an apartment lease to get the best price (Boston area)

Looking to move back to Boston at the end of March. That's when my current lease ends. I'm looking to rent a 2BR. There's some availability in buildings that I'm looking at (all big, managed buildings), and the prices online change daily. When do you think I should bite the bullet and sign the lease...
by jks1985
Mon Nov 26, 2018 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Getting sued from an already settled car accident... 2 years later! Is this legal?
Replies: 45
Views: 8969

Re: Getting sued from an already settled car accident... 2 years later! Is this legal?

Had to Google this one.

Apparently, they can still sue you, but most judges will throw it out (Src - https://www.4autoinsurancequote.com/blo ... t-lawsuit/ )

Not a chance I'd be willing to take.
by jks1985
Fri Nov 16, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to NYC, self-employed, with a kid. How big will my tax hit be?
Replies: 22
Views: 2812

Re: Moving to NYC, self-employed, with a kid. How big will my tax hit be?

Got an email from my accountant with some useful information. Moving to NYC, you will have to pay the following taxes for self-employed: 1. NYS - about 6.85% 2. NYC - about 3.8% 3. MCTMT (Metropolitan Commuter Transportation Mobility Tax) - about 0.11% to 0.34% 4. UBT - about 4% Possible deduction f...
by jks1985
Sat Nov 10, 2018 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 127
Views: 14727

Re: Finances in NYC

Do it. The best time of my life was in my 20s when I lived in Manhattan for 6 years. Now, at 33 with a wife and kid, I fantasize everyday about moving back. Being self-employed and subject to the unincorporated business tax on top of the high NYC/NYS income taxes, however, it will probably never wor...
by jks1985
Sun Nov 04, 2018 10:09 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4999
Views: 1317002

Re: What Book Are You Currently Reading? Part VI

Just finished "Brothers Karamazov". It was a long, tedious read, but I'm glad I finished it. It's the first Dostoyesvski I finished. Eventually, I'll return to Crime and Punishment and finish that too. BK was very rewarding. I'm also about 90% done with "Killing Commendatore". It...
by jks1985
Fri Oct 26, 2018 12:06 pm
Forum: Non-US Investing
Topic: Things to consider when relocating from Boston to Toronto
Replies: 31
Views: 3538

Re: Things to consider when relocating from Boston to Toronto

Getting between Toronto and Boston, for some reason, is a headache and a half. Plane tickets are super expensive. Trains are non-existent. Busses take too long. I think the best option is to just rent a car and drive it. But, either way, you picked great places to live. Boston and Toronto are great ...
by jks1985
Fri Oct 26, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Working in NYC: Live in NY or NJ for tax optimization?
Replies: 25
Views: 6750

Re: Working in NYC: Live in NY or NJ for tax optimization?

Move to the Jersey City waterfront. You won't have to pay the NY city income tax or the NY state income tax. The Jersey state income tax is only like 5.5%, which is much much less than NY's. Live within walking distance of Exchange Place or Grove St stop. You'll be a 5-10 minute PATH ride from WTC. ...
by jks1985
Mon Oct 22, 2018 11:27 pm
Forum: Personal Consumer Issues
Topic: Canada Goose Jacket
Replies: 57
Views: 5158

Re: Canada Goose Jacket

Love mine. Before buying it, I didn’t know I could be so warm in the winter.

Watch out for PETA people giving you grief about it, though. In NYC, I’ve had a few of them come up to me about it over the years.
by jks1985
Fri Oct 19, 2018 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Should we downgrade our house?
Replies: 43
Views: 4250

Re: Should we downgrade our house?

Rent in the most walkable, nice neighborhood you can find. Chances are it won't even come close to the convenience and walkability you have in DC. The reason I say rent is because there is a high probability you won't like it and will want to move back to DC. It's hard going from a dense city with p...
by jks1985
Mon Oct 15, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: CA vs NY: TAXES / BENEFITS
Replies: 11
Views: 833

Re: CA vs NY: TAXES / BENEFITS

In NY, if you are thinking about living in NYC, you should probably register there. The city will force an unincorporated business tax on you if you don't.
by jks1985
Mon Oct 15, 2018 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: CA vs NY: TAXES / BENEFITS
Replies: 11
Views: 833

Re: CA vs NY: TAXES / BENEFITS

This might be a stupid question, but why don't you just register in Nevada or Wyoming to avoid those taxes?
by jks1985
Thu Oct 11, 2018 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Moving to NYC, self-employed, with a kid. How big will my tax hit be?
Replies: 22
Views: 2812

Re: Moving to NYC, self-employed, with a kid. How big will my tax hit be?

I don't think you're missing anything. NYC is expensive. Those with higher incomes will pay over 50% tax (fed/state/city/Medicare). The tax tables and calculators linked earlier should give you an accurate view of the personal income tax burden. The unincorporated business tax is 4% of taxable inco...
by jks1985
Thu Oct 11, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Moving to NYC, self-employed, with a kid. How big will my tax hit be?
Replies: 22
Views: 2812

Re: Moving to NYC, self-employed, with a kid. How big will my tax hit be?

Unfortunately, I didn't do them with any tax software. My accountant might have, I'll have to ask him. I’m just trying to get a feel for how much I’ll have to pay in taxes. I live in Texas now and pay 2k/month for rent, 800 for health insurance, and 0% state income tax. Based on my current calculati...
by jks1985
Tue Oct 09, 2018 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to NYC, self-employed, with a kid. How big will my tax hit be?
Replies: 22
Views: 2812

Re: Moving to NYC, self-employed, with a kid. How big will my tax hit be?

Living in Jersey and needing to take the PATH for 30 minutes or paying $13 to drive thru the tunnel just sucked. Same with Fort Lee. Though I wonder how much you need to make to have NJ residency offsetting the NYC city tax make the commute worth it. Never did that calculation myself. I had a frien...
by jks1985
Tue Oct 09, 2018 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to NYC, self-employed, with a kid. How big will my tax hit be?
Replies: 22
Views: 2812

Re: Moving to NYC, self-employed, with a kid. How big will my tax hit be?

If you did your taxes on TurboTax last year, it might be worth buying the NY State edition and seeing how you would have done if you were a NYC resident. I figure this isn't an option, though, because with such a big business you had your taxes done by an outside preparer. Yeah, I had an accountant...
by jks1985
Tue Oct 09, 2018 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to NYC, self-employed, with a kid. How big will my tax hit be?
Replies: 22
Views: 2812

Re: Moving to NYC, self-employed, with a kid. How big will my tax hit be?

I agree it's mostly an emotional decision. I have friends who love NYC so much that they wouldn't consider living anywhere else. They'd live there no matter how much it cost. I'm not quite at that level, but it certainly is my favorite place to live in the country. The high COLA and taxes just scare...
by jks1985
Mon Oct 08, 2018 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Apartment 50% of assets
Replies: 21
Views: 2054

Re: Apartment 50% of assets

The only way I wouldn't move into the new apartment is if your current one is rent controlled and you are getting a super good deal.
by jks1985
Mon Oct 08, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to NYC, self-employed, with a kid. How big will my tax hit be?
Replies: 22
Views: 2812

Re: Moving to NYC, self-employed, with a kid. How big will my tax hit be?

As for cost of living expenses: - Health insurance costs will be the same. ($800~ month for my family of three) How is insurance costs so low for a family when your income doesn't qualify for a subsidy? Please share with self-employed folks who are at a tight spot. Also in NY, you have many housing...
by jks1985
Mon Oct 08, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Moving to NYC, self-employed, with a kid. How big will my tax hit be?
Replies: 22
Views: 2812

Re: Moving to NYC, self-employed, with a kid. How big will my tax hit be?

looks like you've decided to move anyway so how does it matter what the tax hit will be.. IMHO the cost of living will be much bigger hit than the tax hit. That's true, but the extra cost of living I can accept. I live frugally wherever I go. I just don't like the high income taxes of the city and ...
by jks1985
Sun Oct 07, 2018 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to NYC, self-employed, with a kid. How big will my tax hit be?
Replies: 22
Views: 2812

Re: Moving to NYC, self-employed, with a kid. How big will my tax hit be?

Yeah, I get all of that. That's why I moved down here to Texas. Unfortunately, it's just not for me. All my friends are in NYC, and my family is all in the NYC/Boston area. And frankly, I just miss the city life.
by jks1985
Sun Oct 07, 2018 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to NYC, self-employed, with a kid. How big will my tax hit be?
Replies: 22
Views: 2812

Moving to NYC, self-employed, with a kid. How big will my tax hit be?

None of the calculators I see online really take the unincorporated business tax into consideration when determining how much money you'll pay in income taxes. I'm hoping somebody with experience living in NYC as a business owner / self-employed individual can help me out. - Let's say I make 300k pe...
by jks1985
Sat Oct 06, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 14133

Re: What purchase saved you the most money?

1) Rented a 1BR apartment for the past ten years instead of buying a house right out of college, which my mom almost pressured me into doing. 2) After driving flashy, gas guzzling cars throughout my 20s (BMW X5, Escalade), I decided to buy a two year old Toyota Camry for 15k for my most recent vehic...
by jks1985
Sat Aug 11, 2018 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to stay in HCOL area?
Replies: 92
Views: 11247

Re: Can we afford to stay in HCOL area?

Looking at these childcare costs, I'm glad my wife is a stay-at-home mom.
by jks1985
Wed Jul 04, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Affording a $1.8-2M house
Replies: 54
Views: 10512

Re: Affording a $1.8-2M house

Dude! Sell your house now and rent downtown. Not only will you get a taste of what downtown life is like (you might not like it... Seattle has a lot of vagrants and increasing violence), you will have an extra boatload of cash to use if house prices start to nosedive. IMO, renting in HCOL cities lik...