Search found 8 matches

by Kmzizzle
Fri Sep 27, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford around a $2M home?
Replies: 31
Views: 4548

Re: Can I afford around a $2M home?

I always love the, I make $900K/year, and might, unfortunately, go to 800K/year if one of us goes part time posts. Humble answer for a humble question, if you ask Suze Orman, you need to focus on saving 5 million first, so no, you can't afford anything but a Walmart tent right now. Agreed. Also ask...
by Kmzizzle
Thu Jul 04, 2019 4:08 am
Forum: Investing - Theory, News & General
Topic: Housing P/E (Rent/price ratio)
Replies: 3
Views: 678

Re: Housing P/E (Rent/price ratio)

Vanguard Fan 1367 wrote: Wed Jul 03, 2019 6:06 pm In a real life example I know of an appraised price of a commercial rental of 600K. The annual rent is 75k. What would you call the rent/price ratio of those numbers?
A 12.5% cap rate is awesome... I would take that in a heartbeat. And that 12.5% will lever up even higher with debt
by Kmzizzle
Fri May 31, 2019 12:23 am
Forum: Personal Investments
Topic: The Best High Yield Savings Account
Replies: 67
Views: 10271

Re: The Best High Yield Savings Account

VUSXX
by Kmzizzle
Sun Apr 21, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford a $1mil home?
Replies: 64
Views: 8993

Re: Can we afford a $1mil home?

The OP lives in a VHCOL place. He can definitely afford it and could stretch for $1.3M (3x mortgage at 20% down) if he wanted. Y’all need to get out of this 1970s group think where homes are 2x income ratio. Not everyone can just pickup and move to NC/TX/GA
by Kmzizzle
Sat Apr 20, 2019 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford a $1mil home?
Replies: 64
Views: 8993

Re: Can we afford a $1mil home?

Curious - what do you guys think would be a comfortable max amount they could buy with their numbers? Asking as I am in the same boat with nearly identical figures and in Very HCOL area Heavily dependent on various tradeoffs: kids in the near future, other major regular expenses (wedding, regular f...
by Kmzizzle
Sat Apr 13, 2019 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford a $1mil home?
Replies: 64
Views: 8993

Re: Can we afford a $1mil home?

Curious - what do you guys think would be a comfortable max amount they could buy with their numbers? Asking as I am in the same boat with nearly identical figures and in Very HCOL area I tend to be more conservative - but a normal rule of thumb is a mortgage that is no more than 3x your annual inc...
by Kmzizzle
Sat Apr 13, 2019 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford a $1mil home?
Replies: 64
Views: 8993

Re: Can we afford a $1mil home?

Curious - what do you guys think would be a comfortable max amount they could buy with their numbers? Asking as I am in the same boat with nearly identical figures and in Very HCOL area Heavily dependent on various tradeoffs: kids in the near future, other major regular expenses (wedding, regular f...
by Kmzizzle
Fri Apr 12, 2019 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford a $1mil home?
Replies: 64
Views: 8993

Re: Can we afford a $1mil home?

Curious - what do you guys think would be a comfortable max amount they could buy with their numbers? Asking as I am in the same boat with nearly identical figures and in Very HCOL area