Search found 17 matches

by FRefugee
Fri Dec 28, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Strategy/Approach to Negotiating with Commercial Real Estate Developer
Replies: 22
Views: 1547

Re: Strategy/Approach to Negotiating with Commercial Real Estate Developer

hang tough. slow play it. The developer most likely wants the property very very badly. Can you figure out what his economic model is for the property? What building permits he has pulled. Look at the his plans for the adjacent property if you can. Get friendly with a the county planners and buildi...
by FRefugee
Thu Dec 27, 2018 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy/Approach to Negotiating with Commercial Real Estate Developer
Replies: 22
Views: 1547

Re: Strategy/Approach to Negotiating with Commercial Real Estate Developer

Get a lawyer with good contacts and see if any other commercial types are interested. A bidding war could be beneficial to your mother. Also, the deal with both lots could be worth more than double with one lot, so your mom's lot could be worth more than the neighbors. What else is around the area ...
by FRefugee
Thu Dec 27, 2018 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy/Approach to Negotiating with Commercial Real Estate Developer
Replies: 22
Views: 1547

Re: Strategy/Approach to Negotiating with Commercial Real Estate Developer

How much did she pay for the property in 2015 and is there a house on the property that she is using as her primary residence or is it vacant land? If it is her primary residence she could exclude $250K of gain assuming she is single ($500K if married). If there is a house on the land the developer...
by FRefugee
Thu Dec 27, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy/Approach to Negotiating with Commercial Real Estate Developer
Replies: 22
Views: 1547

Strategy/Approach to Negotiating with Commercial Real Estate Developer

Good afternoon, and thanks for any insight you might be able to provide on this question. I'm in the Austin area and live downtown. My mom lives on the outskirts of town in an area that is experiencing astronomical growth and commercial development. The facts: - her property is a shade under 2 acres...
by FRefugee
Tue Mar 21, 2017 3:49 pm
Forum: Personal Consumer Issues
Topic: Buying a Storage Unit with Condo...?
Replies: 23
Views: 4342

Re: Buying a Storage Unit with Condo...?

I asked a member of the sales team some questions that I gleaned from everyone's responses, and after reading the answers to those questions in conjunction with some of the key factors to consider that you guys had mentioned, I'm going to add the storage unit to my Purchase Agreement. I was also pos...
by FRefugee
Fri Mar 17, 2017 5:08 pm
Forum: Personal Consumer Issues
Topic: Buying a Storage Unit with Condo...?
Replies: 23
Views: 4342

Re: Buying a Storage Unit with Condo...?

How will you store this stuff if you don't buy the storage space? Does it have a seperate title? Can you sell the storage unit back to the association or another individual if you decide you don't need it? Can you rent it out and if so, what would the ROI be if you bought it and rented it to neighb...
by FRefugee
Fri Mar 17, 2017 4:04 pm
Forum: Personal Consumer Issues
Topic: Buying a Storage Unit with Condo...?
Replies: 23
Views: 4342

Buying a Storage Unit with Condo...?

Good Afternoon, Entered into a Purchase Agreement for a new construction condominium about 3 miles south of downtown Austin. 925 sqft, 3rd floor, $235,000, so roughly $250 sq/ft which is really damn good for Austin these days (thanks, Californians). I will be putting 20% down. I have the option of b...
by FRefugee
Wed Sep 04, 2013 4:37 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3372
Views: 1518317

Re: What Book Are You Currently Reading? Part V

The Unwinding: An Inner History of the New America, by George Packer.

Outstanding.
by FRefugee
Sat Aug 10, 2013 4:38 pm
Forum: Investing - Theory, News & General
Topic: Who Falls for this Tripe?
Replies: 16
Views: 2316

Re: Who Falls for this Tripe?

Very interesting replies! I guess we'll just wait for Africa to hold its version of the Constitutional Convention, and then we can label it a solid indexed EM fund. Am curious to know what percentage of that 5.4% GDP growth over the last three years that S. Africa, Morocco and Egypt are not responsi...
by FRefugee
Sat Aug 10, 2013 12:39 pm
Forum: Investing - Theory, News & General
Topic: Who Falls for this Tripe?
Replies: 16
Views: 2316

Who Falls for this Tripe?

Came across this article this morning and found it incredibly entertaining... but, also, a bit disconcerting. Hopefully not too many investors go in these types of directions rather than pursuing the Boglehead course. The name of the article is "Why Channeling Your Funds to Africa May Be the Be...
by FRefugee
Mon Aug 05, 2013 11:51 am
Forum: Investing - Theory, News & General
Topic: The Future of Index Funds
Replies: 7
Views: 1344

Re: The Future of Index Funds

Thanks to all. In the future, I will make sure to utilize the "Search" bar before posting a topic.
by FRefugee
Mon Aug 05, 2013 10:35 am
Forum: Investing - Theory, News & General
Topic: The Future of Index Funds
Replies: 7
Views: 1344

The Future of Index Funds

I came across this Mark Dowie article over the weekend ( http://www.tradersnarrative.com/the-best-investment-advice-youll-never-get-1550.html ); it is a great read on the history of index funds and the people who made it happen. One paragraph in particular stuck with me: "But even if the number...
by FRefugee
Sat Aug 03, 2013 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Career Transition Question
Replies: 10
Views: 1613

Re: Career Transition Question

Niko, snowman, DWD and playtothebeat: I send you my thanks for the sage insight each of you dispensed. My gut is screaming at me to make the change. If this was a poker game, it's that point where you just know you're getting bluffed off of a pot. I don't intend to fold this hand. Snowman, you are c...
by FRefugee
Fri Aug 02, 2013 9:45 pm
Forum: Personal Investments
Topic: Bond ETF
Replies: 16
Views: 4026

Re: Bond ETF

OK, so if I'm a buy-and-hold bond investor, what I've gathered from this post is that bond ETFs and bond index funds differ primarily in that the price spread b/t a bond ETF and the fund's intrinsic value can be more volatile than an index bond fund. Unless I misunderstood the gist of the thread, I ...
by FRefugee
Fri Aug 02, 2013 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Career Transition Question
Replies: 10
Views: 1613

Career Transition Question

I realize that the question I am about to pose can only be answered in a honest manner by none other than me, but sometimes it is healthy and useful to hear the thoughts of other people in order to arrive at a more advanced and nuanced level of objectivity. So here it is. I just turned 30, and have ...
by FRefugee
Thu Aug 01, 2013 2:23 pm
Forum: Personal Investments
Topic: Taxable vs. Non-taxable Accounts
Replies: 7
Views: 2026

Re: Taxable vs. Non-taxable Accounts

Many thanks for the very helpful information; all of my questions have been answered. I will be buying VNQ within my Roth IRA. Are there any other asset classes that y'all recommend be purchased only within a tax-protected account? I know that there are certainly considerations about withdrawal time...
by FRefugee
Wed Jul 31, 2013 12:00 pm
Forum: Personal Investments
Topic: Taxable vs. Non-taxable Accounts
Replies: 7
Views: 2026

Taxable vs. Non-taxable Accounts

Good day to all! This is my first post on this board, and I would greatly appreciate any feedback/insight that can be offered. First, some context for my question. I am new to investing; in fact, it is only within the last six months that I have taken a more active interest in my financial situation...