Search found 4213 matches

by denovo
Wed Aug 15, 2018 1:50 pm
Forum: Personal Consumer Issues
Topic: Trip to Kazakhstan & Uzbekistan. Time to utilize a travel agent?
Replies: 11
Views: 596

Re: Trip to Kazakhstan & Uzbekistan. Time to utilize a travel agent?

We want to go to Kazakhstan and Uzbekistan next summer from the US. Is this a difficult enough trip that a travel agent might be the best way to get this organized with flights, hotels, guides, etc? Trying to this on the cheap with family of 4. We have someone in our family that speaks and reads Ru...
by denovo
Wed Aug 15, 2018 3:17 am
Forum: Personal Consumer Issues
Topic: Sidewalk repair - price in line?
Replies: 29
Views: 1549

Re: Sidewalk repair - price in line?

Get 3 quotes. There's another thread about taxes in FL being low. I guess cities don't maintain sidewalks in Florida. Apparently OP has already tried to do this. Please suggest ways of getting 3 quotes when contractors don't bother to bid. Expand search radius. Find out if other neighbors on the bl...
by denovo
Tue Aug 14, 2018 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 249
Views: 64898

Re: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!

Any further updates OP? Believe it or not, we are still in the courts trying to get a full accounting. The BIL is stalling, judge is getting inpatient, I'm at my wits end. Lots of drama ensued throughout the family over the course of this. On top of all of this financial problems, my mother passed ...
by denovo
Tue Aug 14, 2018 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Residential vs Commercial Property Landlord
Replies: 6
Views: 513

Re: Residential vs Commercial Property Landlord

I would suggest talking to a commercial property broker in your area to get an idea on costs and rents. I am virtually certain you will not be able to pay for a commercial property with the proceeds of a condo sale. LoopNet is a good resource for commercial property to get a basic idea (think of it ...
by denovo
Tue Aug 14, 2018 7:27 pm
Forum: Personal Consumer Issues
Topic: Sidewalk repair - price in line?
Replies: 29
Views: 1549

Re: Sidewalk repair - price in line?

City gave us a code violation for cracks in three sidewalks. The property in in S. Florida. I requested a few estimates and only one contractor responded. He wants to obtain a city permit, remove the old walks and replace them. The three sidewalks to be replaced are 8 x 4 feet. I realize there's re...
by denovo
Tue Aug 14, 2018 6:32 pm
Forum: Personal Consumer Issues
Topic: Retire in Florida or Alabama?
Replies: 72
Views: 4726

Re: Retire in Florida or Alabama?

I would pay good money to not live in either Florida or Alabama. I do consider Florida more civilized. Why? Please explain. Where do you live? Not challenging you at all. I honestly want to know what you think. Figure I might learn something. Thanks. This thread will be locked if it goes down that ...
by denovo
Tue Aug 14, 2018 6:17 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 79
Views: 5475

Re: As an American, where are some great places in the world to retire?

Wife and I are Costa Rican citizens. Spanish is our mother tongue. We're home. No place in the USA. I "need" to be retired in a place where I can live in shorts and sandals all year long. We already live there. Costa Rica. Two other places. Panama and Mexico. Are you fluent in Spanish? IMO, that I ...
by denovo
Tue Aug 14, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Paper checks yes or no?
Replies: 115
Views: 5853

Re: Paper checks yes or no?

I can think of several places where we use checks because credit cards and cash are not accepted. Property taxes and private child care (before / after school) stand out as the largest dollar amount ones. I would hope your county allows ACH property tax bill payments. They charge a fee for eCheck (...
by denovo
Tue Aug 14, 2018 5:20 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 79
Views: 5475

Re: As an American, where are some great places in the world to retire?

galeno wrote:
Tue Aug 14, 2018 5:14 pm
No place in the USA. I "need" to be retired in a place where I can live in shorts and sandals all year long. We already live there. Costa Rica.

Two other places. Panama and Mexico.
Are you fluent in Spanish?
by denovo
Tue Aug 14, 2018 5:15 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 79
Views: 5475

Re: As an American, where are some great places in the world to retire?

I will purposely leave this post a bit open ended, because I would like to see a variety of responses discussing quality of life, currency, cost of living, tax advantaged places, overall ease of travelling there, etc (what are other considerations?). Maybe somewhere in the US, Mexico, UK, Central A...
by denovo
Tue Aug 14, 2018 3:14 am
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 249
Views: 64898

Re: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!

Thanks for the responses everyone. The funniest thing is the amount of responses I got to my Star Trek quote. I was trying to lighten the mood a bit with my Star Trek quote after unloading this depressing situation. So my apologies to anyone I offended with my language. I apparently violated the fo...
by denovo
Tue Aug 14, 2018 2:44 am
Forum: Personal Consumer Issues
Topic: Should I Do This? [borrow from relative to pay off loan]
Replies: 55
Views: 2779

Re: Should I Do This? [borrow from relative to pay off loan]

dm200 wrote:
Mon Aug 13, 2018 2:49 pm
Wonder if any folks have a "war story" on this topic - from either direction?
There have been some good long threads on this

viewtopic.php?t=173379

viewtopic.php?t=153113
by denovo
Mon Aug 13, 2018 7:40 pm
Forum: Personal Consumer Issues
Topic: Phone Plan for US-Child doing a Semester Abroad (VerizonWirelss)
Replies: 35
Views: 1048

Re: Phone Plan for US-Child doing a Semester Abroad (VerizonWirelss)

Hint: The right answer is to to get a sim card in Europe and swap it, but I recc. let her find it out herself. Since summer 2017, all EU sim cards work in other EU countries, roam at home.
by denovo
Mon Aug 13, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: Phone Plan for US-Child doing a Semester Abroad (VerizonWirelss)
Replies: 35
Views: 1048

Re: Phone Plan for US-Child doing a Semester Abroad (VerizonWirelss)

Our daughter will be in Europe September through December doing a semester studying abroad and wondering what others may have done for connectivity back to parents while studying abroad. If she's going to be gone a semester abroad it's probably a good idea for her to take initiative and start figur...
by denovo
Mon Aug 13, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: Phone Plan for US-Child doing a Semester Abroad (VerizonWirelss)
Replies: 35
Views: 1048

Re: Phone Plan for US-Child doing a Semester Abroad (VerizonWirelss)

Our daughter will be in Europe September through December doing a semester studying abroad and wondering what others may have done for connectivity back to parents while studying abroad. If she's going to be gone a semester abroad it's probably a good idea for her to take initiative and start figur...
by denovo
Mon Aug 13, 2018 3:52 am
Forum: Personal Consumer Issues
Topic: Rental House Issue
Replies: 12
Views: 1528

Re: Rental House Issue

ny_rn wrote:
Sun Aug 12, 2018 9:59 pm
I have no advice for you, but I will definitely follow this thread.

I just purchased a rental property. :shock:
Did you read this thread?

viewtopic.php?t=226980
by denovo
Mon Aug 13, 2018 1:26 am
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 69
Views: 4402

Re: House Value & Mortgage as a Percentage of Net Worth

So, I am asking for your opinion on the following questions to see how far off the mark I am. I am providing my answers but they are based on my gut not on any hard evidence I can back up: OP, this thread has been derailed. Let me make a very simple guide to deciding to buy a home. 1. Do you want t...
by denovo
Sun Aug 12, 2018 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 69
Views: 4402

Re: House Value & Mortgage as a Percentage of Net Worth

So, I am asking for your opinion on the following questions to see how far off the mark I am. I am providing my answers but they are based on my gut not on any hard evidence I can back up: OP, this thread has been derailed. Let me make a very simple guide to deciding to buy a home. 1. Do you want t...
by denovo
Sun Aug 12, 2018 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 69
Views: 4402

Re: House Value & Mortgage as a Percentage of Net Worth

<<Send me a redfin/zillow link showing a 400k townhome with those specs that i can buy>> Why? You bought an 880K house. I want you to stay where you are now. I do not want more people moving from your area to spoil the market around here. I live in the Northern VA/DC Metro area. KlangFool I am skep...
by denovo
Sun Aug 12, 2018 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 69
Views: 4402

Re: House Value & Mortgage as a Percentage of Net Worth

Around 400K, 2000 square feet townhouse. 20% down payment, 30 years fixed 3.49% loan PITI ~ $1,800 per month. Rent = $2,300 per month. KlangFool Something doesn't add up here. Mortgage: $1,475 /mo Insurance: $125/mo (est) HOA: $100/mo (est) Property Tax: $330 (est 1% of $400,000) we are already ove...
by denovo
Sun Aug 12, 2018 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 69
Views: 4402

Re: House Value & Mortgage as a Percentage of Net Worth

Again re A) With those numbers, unless you're market timing, and buy a home in a sudden crash where rents haven't gone down as much, you're never going to see PITI +20-30 percent less than equivalent rent. Again, there's no rational reason to create a margin of safety which leads me to denovo, I bo...
by denovo
Sun Aug 12, 2018 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: Helping Parents with Retirement
Replies: 24
Views: 2069

Re: Helping Parents with Retirement

2. They can't afford to donate with that withdrawal rate. Zero them out. Charity begins at home. I think this is an overly sweeping statement. For many people, the intangible benefit they get from contributing to charities they may care passionately about is a top priority in life. We don't know wh...
by denovo
Sun Aug 12, 2018 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Housing affordability - what is your take?
Replies: 69
Views: 5624

Re: Housing affordability - what is your take?

Children are not as expensive as many people on this forum make them out to be. I think this is an issue of generational changes. 1. If one spouse is staying at home anyways, you don't need a child-care outlay when having children. As you noted above though, most the people buying homes in these ne...
by denovo
Sun Aug 12, 2018 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Housing affordability - what is your take?
Replies: 69
Views: 5624

Re: Housing affordability - what is your take?

I would not plan on buying a home in your circumstances until you marry or settle down.
by denovo
Sun Aug 12, 2018 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 69
Views: 4402

Re: House Value & Mortgage as a Percentage of Net Worth

denovo, A) That is my safety margin to account for the ownership risk. B) Those folks are not going to pay my mortgage when I am unemployed. So, why should I care about what they think? My net worth guideline allows me to pay off the mortgage and move elsewhere at any time if I need to. I had survi...
by denovo
Sun Aug 12, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: personal injury lawsuit
Replies: 23
Views: 1839

Re: personal injury lawsuit

Would love to know more - its ZERO my business so you are certainly not obligated and lawyers may say not to but what are the details that make you think the landlord owes you compensation and that this was not simply an accident (hence why we have medical insurance, long and short term disability ...
by denovo
Sun Aug 12, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: how much car can we afford?
Replies: 128
Views: 5463

Re: how much car can we afford?

T4REngineer wrote:
Sun Aug 12, 2018 6:30 pm
denovo wrote:
Sun Aug 12, 2018 6:25 pm
100k car. 500 HP or Bust.
I'll add AWD to the list - launch control and you have your own roller coaster :D (keep it under the speed limit)
RWD unless you live in some place that snows. Plus, that's what race tracks are for.
by denovo
Sun Aug 12, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Helping Parents with Retirement
Replies: 24
Views: 2069

Re: Helping Parents with Retirement

Hi My retired father has recently fallen into poor physical and mental health, so he can no longer manage the finances for himself and my mother as he has done during his lifetime. I recently completed durable power of attorney paperwork for both of them and am set up legally to make decisions on t...
by denovo
Sun Aug 12, 2018 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: how much car can we afford?
Replies: 128
Views: 5463

Re: how much car can we afford?

100k car. 500 HP or Bust.
by denovo
Sun Aug 12, 2018 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Which account to build up?
Replies: 17
Views: 937

Re: Which account to build up?

headingboogle wrote:
Sun Aug 12, 2018 5:00 pm

Am I young enough to let the 401k compounding interest do its magic and focus on paying off the mortgage?
No freaking way. Max out your 401 and up your e-fund to 6 months. Do not touch the mortgage.
by denovo
Sun Aug 12, 2018 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: personal injury lawsuit
Replies: 23
Views: 1839

Re: personal injury lawsuit

I I assume they will take 30% of proceeds, but should I ask about who decides when to compromise, etc? Are these contracts pretty standard? Am I expected to negotiate? I hope to focus my energies on recovery, so I wish to be as uninvolved in the lawsuit as possible... You should not commit to an at...
by denovo
Sun Aug 12, 2018 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: personal injury lawsuit
Replies: 23
Views: 1839

Re: personal injury lawsuit

dm200 wrote:
Sun Aug 12, 2018 4:00 pm
My experiences with attorneys regarding lawsuits is that they are interested as long as you give them money upfront and tend to spend down the retainer - then they conclude you do not have a good case.
In personal injury cases they usually operate on contingency if you have a good case.
by denovo
Sun Aug 12, 2018 6:10 pm
Forum: Investing - Theory, News & General
Topic: Freedom Credit Union 30 Month 3.56%APY CD
Replies: 7
Views: 1037

Re: Freedom Credit Union 30 Month 3.56%APY CD

2.5 years is certainly a long period for a CD. I guess they are gambling rates go up a lot.
by denovo
Sun Aug 12, 2018 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 69
Views: 4402

Re: House Value & Mortgage as a Percentage of Net Worth

denovo, A) That is my safety margin to account for the ownership risk. B) Those folks are not going to pay my mortgage when I am unemployed. So, why should I care about what they think? My net worth guideline allows me to pay off the mortgage and move elsewhere at any time if I need to. I had survi...
by denovo
Sun Aug 12, 2018 5:40 pm
Forum: Personal Consumer Issues
Topic: Unlocked iPhone on eBay or Amazon?
Replies: 22
Views: 1291

Re: Unlocked iPhone on eBay or Amazon?

Hello all, Does anyone have experience (positive or negative) with buying an unlocked iPhone on eBay (or Amazon)? Specifically, there are many sellers that sell new or refurbished iPhone 6s', which DW and I are considering getting for one of our daughters for Christmas. It is her first phone, and f...
by denovo
Sun Aug 12, 2018 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 69
Views: 4402

Re: House Value & Mortgage as a Percentage of Net Worth

OP, PITI versus gross pay and whatever is irrelevant to me. I start with what I want in housing. Then, I decide whether rent or buy make the most sense in term of cost. I would only buy if A) The PITI with 20% down payment and 30 years fixed rate mortgage is 20% to 30% lowered than renting. B) My n...
by denovo
Sun Aug 12, 2018 5:22 pm
Forum: Personal Consumer Issues
Topic: reliable online public forum
Replies: 24
Views: 2011

Re: reliable online public forum

Reddit.com and it’s variety of subReddits will cover all of those topics. Doesn't mean they are reliable or good which is what OP wanted. Each subreddit has its own culture and moderation teams. Even on reddit, the /r/relationships subreddit is a butt of jokes for its absurd advice. I'd say /r/pers...
by denovo
Sun Aug 12, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Private Banking is a trap. Don't do it!
Replies: 55
Views: 6845

Re: Private Banking is a trap. Don't do it!

I'm still trying to figure out why so many still choose to do business with and hang out at a B&M bank on a regular basis. To enjoy talking to someone who sees "the obviously large amount of money going through the account"? Too much time on your hands? I despise going to a bank. If I do, it's usua...
by denovo
Sun Aug 12, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Private Banking is a trap. Don't do it!
Replies: 55
Views: 6845

Re: Private Banking is a trap. Don't do it!

Does anyone have advice for how to handle this without being rude? Is it possible you are not being firm in your response. I am sure if you tell them over the phone that you do not want to purchase any investment products through the bank and do not want any further solicitation they will stop. Why...
by denovo
Sun Aug 12, 2018 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Private Banking is a trap. Don't do it!
Replies: 55
Views: 6845

Re: Private Banking is a trap. Don't do it!

I'm still trying to figure out why so many still choose to do business with and hang out at a B&M bank on a regular basis. To enjoy talking to someone who sees "the obviously large amount of money going through the account"? Too much time on your hands? I despise going to a bank. If I do, it's usua...
by denovo
Sun Aug 12, 2018 7:00 am
Forum: Personal Consumer Issues
Topic: Used Car Negotiation
Replies: 29
Views: 2607

Re: Used Car Negotiation

The problem is how to determine that price which Jim Beaux glossed over. [denovo-agreed] There are other ways. But one doesn't have "to beat them" where "them" is the dealer. That is, one should be satisfied with a fair deal. Another way to determine a good, fair price is to find on the internet a ...
by denovo
Sun Aug 12, 2018 12:42 am
Forum: Personal Consumer Issues
Topic: reliable online public forum
Replies: 24
Views: 2011

Re: reliable online public forum

Doesn't exist.
by denovo
Sun Aug 12, 2018 12:00 am
Forum: Personal Consumer Issues
Topic: Liability only car insurance and my car destroyed
Replies: 15
Views: 2544

Re: Liability only car insurance and my car destroyed

1.If it's your fault you eat the cost. 2. If you think it's the other driver's fault, you file a claim with their insurance and negotiate with them to get a payout. Get's more difficult in cases of major physical injury to you. b. If the other insurer doesn't cooperate, you would need to sue the oth...
by denovo
Sat Aug 11, 2018 11:53 pm
Forum: Personal Consumer Issues
Topic: Used Car Negotiation
Replies: 29
Views: 2607

Re: Used Car Negotiation

I grew up in the car business & worked in new & used car sales for 3 yrs. Know the car market for the model youre looking at. Determine your price and then check the car out. Once you sit down with the salesman make an offer $500-$800 below what you are willing to pay and write a check for the amou...
by denovo
Sat Aug 11, 2018 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Property with Sibling Questions
Replies: 22
Views: 1525

Re: Rental Property with Sibling Questions

Good morning. Hoping for any advice or thoughts from folks. My sister and I are going to buy my parents house solely for a rental. We will be going in 50/50 and will carry a mortgage on it. She has gotten a recommendation to setup an LLC to buy/operate the rental. I have been told by a friend to lo...
by denovo
Sat Aug 11, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Private Banking is a trap. Don't do it!
Replies: 55
Views: 6845

Re: Private Banking is a trap. Don't do it!

Does anyone have advice for how to handle this without being rude? Is it possible you are not being firm in your response. I am sure if you tell them over the phone that you do not want to purchase any investment products through the bank and do not want any further solicitation they will stop. Why...
by denovo
Sat Aug 11, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: Worth seeing comedian live if already saw their Netflix special?
Replies: 9
Views: 850

Re: Worth seeing comedian live if already saw their Netflix special?

Tom Segura is a comedian that I like, and have watched all 3 of his Netflix comedy specials. He's coming to town in a couple of months, so was considering going. Is there any good reason to see a comedian live if you've already seen their Netflix special? Not sure how much of a comedian's show is n...
by denovo
Fri Aug 10, 2018 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Average expenses in MCOL area for a family of 4
Replies: 50
Views: 2312

Re: Average expenses in MCOL area for a family of 4

First, there's no good uniform definition of MCOL. I bet many people would quibble over which metro qualifies as what. There are sites that compare cost of living of a given community with that of the entire country and produce a percentage. I have no idea how accurate they are, but I would propose...
by denovo
Fri Aug 10, 2018 11:37 pm
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 316
Views: 83512

Re: My New Car Buying Tips

Has anybody tried a similar technique to buy a RV? While dealerships are more spread out I would think it might work. I know a few people who have used it for motorcycles. I see no reason for it to use for RV's. Same rules apply. Check x number of dealers that have the same model/build in their inv...
by denovo
Fri Aug 10, 2018 11:34 pm
Forum: Personal Consumer Issues
Topic: Used Car Negotiation
Replies: 29
Views: 2607

Re: Used Car Negotiation

Have the major dealers really stopped negotiating on the price of used cars. I have been back and forth with so many dealerships and they don't even budge. Is this the norm with the efficiency of internet pricing? OP, are you looking for a specific car/model year? Also, the best deals tend to come ...