Search found 1181 matches

by renue74
Mon Nov 12, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: How to get rid of..........
Replies: 1
Views: 131

Re: How to get rid of..........

We have them too in SC. In fact, last week, I had seen 2 of them at one of our Airbnb properties. I use Invict roach gel and after about a week, I don't see them. I bought this: https://store.doyourownpestcontrol.com/invict-gold-roach-bait-gel-kit The Tekko Pro in the kit will their reproductive abi...
by renue74
Thu Nov 08, 2018 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Are We In A Real Estate Bubble?
Replies: 71
Views: 7491

Re: Are We In A Real Estate Bubble?

Sales tend to flatten in the fall/winter any ways. Bidding wars on homes in my area have been around for a couple years...which was not the case in the early 2000s. Because supply then was much larger. I will say that I feel like more "millennials" I know are actually looking into home ownership. (a...
by renue74
Tue Nov 06, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Buying a used car
Replies: 31
Views: 1776

Re: Buying a used car

Thanks. I am interested in the below. 1. Pre-Owned Four Door SUV 2. Most reliable, lowest anticipated maintenance costs for 5 years 3. Based on #2, would love to hear recommendations on brands and mileage, year which would best accomplish #2. Concerning my Pathfinder comment, my last two cars have ...
by renue74
Tue Nov 06, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: Car rentals, what is the catch?
Replies: 46
Views: 5314

Re: Car rentals, what is the catch?

I've paid $10/day for a car from a national chain. I think I had business in Detroit one time and that was the deal. Like others said, I would stick with a national chain. The "experience" of dealing with them is about 10 minutes in a crumby waiting area. I have used the no-name places before...if I...
by renue74
Tue Nov 06, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Buying a used car
Replies: 31
Views: 1776

Re: Buying a used car

I'm with you. I hate cars. I hate researching cars. I'm not a car person and could care less about the horsepower or # of cylinders in one. Since 1992, I've owned 4 cars. (There was a 5th, but I disowned that one) All my cars have been Hondas, except for that 5th one a VW Passat station wagon. (I ha...
by renue74
Thu Nov 01, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Can I retire??
Replies: 26
Views: 3095

Re: Can I retire??

I own a small web design firm (with 2 employees). On my weekends, I have rental properties, an AirBnB, and the occasional flip house I rennovate. I actually started doing some remodel work on the "side," for folks I find on Nextdoor.com and through word of mouth. I do it because I love it. It makes ...
by renue74
Wed Oct 31, 2018 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire??
Replies: 26
Views: 3095

Re: Can I retire??

Yes. Retire. Enjoy the rest of your life doing things you want to do, when you want to do them.
by renue74
Tue Oct 30, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: If you just track NW on a spreadsheet....isn't that sufficient?
Replies: 18
Views: 1993

Re: If you just track NW on a spreadsheet....isn't that sufficient?

I track my portfolio in a google sheet. Then have extra tabs. (Contributions) - list of contributions/withdrawals by calendar year. I use that for XIRR. (Historical) - at Dec. 31 of each year, I add a list of all investment account balances. (Retirement Projection) - If/then type of sheet. Based on ...
by renue74
Mon Oct 29, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Asset Allocation question
Replies: 7
Views: 658

Re: 529 Asset Allocation question

We live in SC and I started my kid's 529 Plans the month they were born as well. The plan has an age based system with aggressive, moderate, and conservative allocations. This was in 2002 and 2005....but way back then, I had set it to the aggressive growth age based plan. I think your kids have time...
by renue74
Mon Oct 29, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: Advise on getting a cheap new flooring
Replies: 21
Views: 1897

Re: Advise on getting a cheap new flooring

LVT is the way to go for rentals. Don't skimp on the cheaper LVT because it's thinner and not as durable. Go mid-level. An installer can do your project in 2 days or so. If you do it, it'll probably take a month of weekends. If you go with carpet, we see it as having a life span of 1 - 2 tenants. At...
by renue74
Fri Oct 26, 2018 3:11 pm
Forum: Personal Consumer Issues
Topic: New Sink Drain Leaking
Replies: 15
Views: 973

Re: New Sink Drain Leaking

If Bathroom sink...there's usually a black angular looking gasket that fits snuggly at the bottom of the drain. This means you haven't tightened the drain assembly enough. Use channel locks and tighten....making sure the drain assembly threads are not misaligned. I had this this happen with me on 2 ...
by renue74
Fri Oct 26, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: New Sink Drain Leaking
Replies: 15
Views: 973

Re: New Sink Drain Leaking

2 Things: 1.) Yes...roll the plumbers putty up and put it around the top flange of the drain (above the sink hole)....like others say. 2.) Typically, I will also take some plumbers tape and wrap around the threads below the drain assembly. Somebody just turned me on to "Teflon Pipe Sealant," which i...
by renue74
Fri Oct 26, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: Unplugging from Tech Tips
Replies: 38
Views: 2805

Re: Unplugging from Tech Tips

I own a small web design firm and am constantly on my iPhone throughout the week. Plus, I have rental houses and an AirBnb...so I try to be accessible ALL the time to everybody. But, on the weekend, I do remodel work. This weekend, I'm spraying/painting exterior trim and roofing a small back porch r...
by renue74
Wed Oct 24, 2018 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Considering Leaving Vanguard [due to incompatibility with Mint]
Replies: 8
Views: 968

Re: Considering Leaving Vanguard

If you have issues with Mint, you can contact them via chat.

https://help.mint.com/Known-Issues/9072 ... kerage.htm

They may be able help.
by renue74
Tue Oct 23, 2018 7:51 am
Forum: Personal Consumer Issues
Topic: Apple TV vs Roku
Replies: 14
Views: 1198

Re: Apple TV vs Roku

We have both. Apple TV has a better interface.

We typically use Playstation VUE for our main "TV" watching app. We can watch CNN, HGTV, local channels, etc. on VUE....and it has a DVR option, so I can "record" favorite channels. But, we don't watch a ton of TV.
by renue74
Tue Oct 23, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5431

Re: Empty nester downsizing - any advice?

I think the others have given great advice. I'm only 44, so we are about 6 years from being empty nesters. But, I did want to chime in on storage space. It seems like I read that the USA is the only major country that invests in mini-storage. Everybody else in the world uses what they own. I had a s...
by renue74
Mon Oct 22, 2018 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: House has major repair issues right after buying... options
Replies: 27
Views: 2302

Re: House has major repair issues right after buying... options

I rehab rental houses and have installed many showers. 1.) Home inspector would not have caught that. 2.) The best practice would be to install cement fiber board + waterproofing agent coating....then mortar/tile over that. The cost of #2 is only slightly more than regular drywall. Cement fiber boar...
by renue74
Wed Oct 17, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 79
Views: 4922

Re: Personal Adventure - recommendations

I looked into this a couple years ago, but never did it. A 418 km bike trail from Lake Constance (Germany) to Salzberg. Bodensee-Königssee Cycle Path https://www.bodensee-koenigssee-radweg.de/de/startseite It's a nice path through the northern part of Bavaria....so it's not extremely difficult and t...
by renue74
Mon Oct 15, 2018 10:13 pm
Forum: Personal Consumer Issues
Topic: Maui - Ka'anapali Beach Hotel
Replies: 15
Views: 2043

Re: Maui - Ka'anapali Beach Hotel

We went to Maui in July. Stayed at the grand Wailela for 3 nights and then an Airbnb condo for 5 nights, I used points for the hotel stay. The water park was nice, but the hotel was just OK. We loved the Airbnb. I think we paid $150/night. Would do it again. Close to food, grocery store, beach. Had ...
by renue74
Mon Oct 15, 2018 5:35 pm
Forum: Personal Consumer Issues
Topic: White LED Christmas Lights
Replies: 7
Views: 908

Re: White LED Christmas Lights

I don't have an opinion on specific brands, but I will suggest purchasing MORE than you need and if you get a bad batch...you have backups because it will be difficult to color match them exactly.
by renue74
Wed Oct 10, 2018 2:06 pm
Forum: Investing - Theory, News & General
Topic: Timber as an alternative - didn't work so well...
Replies: 34
Views: 5451

Re: Timber as an alternative - didn't work so well...

My inlaws have 99 acres in the south. They are within 5 minutes of a wood yard (central location that logging trucks bring harvest logs). This year they cut out 30 acres and the payoff was horrible. They didn't plant the pine, but had purchased the land next to their land...because they like to have...
by renue74
Tue Oct 09, 2018 1:45 pm
Forum: Personal Consumer Issues
Topic: Smarthome system that is local
Replies: 17
Views: 1378

Re: Smarthome system that is local

I just installed Samsung Smartthings in an AirBnB. I added z-wave light switches to all public lighting (kitchen, hall, laundry, mudroom, living room, porch lights). Lack of outside internet connection can limit your ability to do things. I love that I can check if a light is on and turn it off from...
by renue74
Mon Oct 08, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: YAFEJT- Yet Another Fleeing Edward Jones Thread
Replies: 6
Views: 723

Re: YAFEJT- Yet Another Fleeing Edward Jones Thread

"See everything at once." • You could use one of those portfolio sites like SigFig or Personal Capital that consolidates your accounts. • At one point, I know Vanguard had a way to add outside accounts (manually). I did that but lost track of it in my vanguard account. I actually use Google Sheets a...
by renue74
Mon Oct 08, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Apartment 50% of assets
Replies: 21
Views: 1927

Re: Apartment 50% of assets

I don't wish to rely on the value of my rental property to sway the way I invest. I already converted to index investing in 2015 after I found this forum and have a conservative 65/35 allocation at age 44. I look at the real estate portion of my portfolio as the "over the top" part. If one day, I de...
by renue74
Mon Oct 08, 2018 1:59 pm
Forum: Personal Consumer Issues
Topic: Renovation vs. Move
Replies: 11
Views: 850

Re: Renovation vs. Move

As a side gig, I buy and renovate homes (rental property, flips, & recently Airbnbs). A few points: • The estimate will always be lower than the actual cost of the reno. Always. Be prepared to 10-20% more. • Remodeling is one of the most stressful times in a married couples lives. Google it. You'll ...
by renue74
Mon Oct 08, 2018 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Apartment 50% of assets
Replies: 21
Views: 1927

Re: Apartment 50% of assets

A large portion of my net worth is tied up in rental homes and an airbnb. All of them have no mortgages. I don't change my mutual fund investments because of this. When I calculate our portfolio, I simply add the "market rate" of the properties...but I do it with more conservative estimate. At some ...
by renue74
Mon Oct 08, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: shingles or metal roof and open cell foam or cellulose
Replies: 2
Views: 350

Re: shingles or metal roof and open cell foam or cellulose

When you say "open cell foam," do you mean closed cell spray foam?
by renue74
Wed Oct 03, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Sold Home - 2 days after buyer claims they found an issue with A/C
Replies: 119
Views: 11948

Re: Sold Home - 2 days after buyer claims they found an issue with A/C

In our state, there is a legal document seller disclosure form.... "To my knowlegdge, .... blah, blah, blah" about each mechanical and foundation item in the house. HVAC is one of them. Basically, asking do you know if the HVAC system is broken or not. I buy a lot of rental houses and 99% of the tim...
by renue74
Wed Oct 03, 2018 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Yet Another "Can I Retire Yet" Thread
Replies: 40
Views: 4837

Re: Yet Another "Can I Retire Yet" Thread

If you've dreamed about it, churned the numbers, etc. You've planned it.

Do it and if you don't like it, find a fun job or part time gig to do.
by renue74
Mon Oct 01, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Why is Home Part of NW [Net Worth]
Replies: 98
Views: 6822

Re: Why is Home Part of NW [Net Worth]

We live in a LCOL area and our home is not worth a lot, but if we ever downsized or moved to a different area...I think that we would find a comparable costing home...so we don't really count a house as part of net worth. We do have 4 rental properties that account for about $465K of our worth (with...
by renue74
Thu Sep 27, 2018 2:16 pm
Forum: Personal Consumer Issues
Topic: Am I the only one...[using multiple accounts]
Replies: 27
Views: 1422

Re: Am I the only one...

We only have our Vanguard accounts, separate checking accounts, and one money market account. (Kids have separate state sponsored 529 accounts.)

Simplicity works for us.

As far as an emergency fund, we could pull from investments.
by renue74
Thu Sep 27, 2018 7:01 am
Forum: Personal Consumer Issues
Topic: Good flip flops
Replies: 46
Views: 3494

Re: Good flip flops

Reef flip flops. I bought one pair last summer and my kids took them over. So I ended up buying a 2nd pair this summer.

https://www.amazon.com/gp/product/B00KY ... UTF8&psc=1
by renue74
Mon Sep 24, 2018 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Changing careers (changing gears) - Can I?
Replies: 10
Views: 1066

Re: Changing careers (changing gears) - Can I?

Is there a way you can modify your current gig to make more enjoyable (and maybe less profitable)? How about paying a little bit more, delegating client relationships and other less desirable activities? Work your way out of the business to part time but still maintain some residual cash flow. I ac...
by renue74
Mon Sep 24, 2018 6:22 pm
Forum: Personal Consumer Issues
Topic: $450 for 1.5 hour plumbing job normal?
Replies: 30
Views: 3417

Re: $450 for 1.5 hour plumbing job normal?

I licensed plumber who does stuff occasionally for my rental properties charges $85/hr., plus supplies. $450 was way too much. On a side note, I had a new kitchen sink and disposal to get installed. My guy was super busy last week and I called another guy (I got his contact from Nextdoor), and he sh...
by renue74
Mon Sep 24, 2018 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Changing careers (changing gears) - Can I?
Replies: 10
Views: 1066

Re: Changing careers (changing gears) - Can I?

Portfolio: $1.6M (Not including 529 Plans) Net Worth: $2.5M Note: Wife (48) is a teacher with state pension and family healthcare. $50K/year Me (44) small business owner, salary fluctuates...averages. $50K/year :shock: That's amazing networth on $100k income. Your passive income generates about wha...
by renue74
Mon Sep 24, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Changing careers (changing gears) - Can I?
Replies: 10
Views: 1066

Changing careers (changing gears) - Can I?

I've been a small business owner since for 19 years. In 2017, I started not loving what I do any longer. Just like others here, I make enough to be fine and not "look for the next career move." I own a small web design firm and I'm finding it more and more difficult to attract and retain employees b...
by renue74
Fri Sep 21, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Home away from home
Replies: 20
Views: 2239

Re: Home away from home

Find an AirBnB with good amenities. You can work out a deal to take X week per month with the owner.
by renue74
Tue Sep 18, 2018 11:13 pm
Forum: Personal Consumer Issues
Topic: Long term stays/vacations
Replies: 11
Views: 1625

Long term stays/vacations

A few years ago, we vacationed in Italy for 2 weeks. The last few days, we took the train to Lake Como. A great way to end a long vacation. At some point, I would love to stay there long term and use that as a "base" for other exploring. Long term = less than 180 days, I know...but maybe 2 or 3 mont...
by renue74
Tue Sep 18, 2018 6:12 pm
Forum: Personal Consumer Issues
Topic: Attic Insulation Removal/Replacement Costs
Replies: 16
Views: 1324

Re: Attic Insulation Removal/Replacement Costs

I live in SC and just insulated an AirBnb house I'm working on. 1500 sq/ft of space at R49 cost about $1100 in materials. I blew it myself (with my son feeding the blower.) I think your price is a good deal. As one said, removal of the old stuff and sealing are the tough parts. Remove, take the dump...
by renue74
Tue Sep 18, 2018 6:05 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25473

Re: What is your single most expensive mistake?

• Paid Financial Planner about $1300/month for almost 2 years. • Bought a $1,500 website domain by mistake. (Clicked too fast and just was trying to finish the transaction. Later sold it, though) • Own a small company, "C" Corp....the tax man double taxes me for the last 20 years. Just cut a check f...
by renue74
Tue Sep 18, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Need help in solving Tenant landlord issue
Replies: 26
Views: 2439

Re: Need help in solving Tenant landlord issue

I'm a landlord in SC. In my state, the landlord is to provide a letter within 30 days of move out indicating any damage and the cost associated with the damage to the tenant....along with the balance of the security deposit. Magistrate doesn't like landlords who don't follow that process. It sounds ...
by renue74
Thu Sep 13, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: How to determine quality of a finished new construction home
Replies: 45
Views: 3084

Re: How to determine quality of a finished new construction home

Most of the time, the home finishes are a big factor in the final cost of a home. "Builder grade," finishes are things like faucets, etc. that one can purchase from Home Depot, etc. Higher end homes will have designer brand finish materials, often purchased from showrooms. The basics, wood studs, in...
by renue74
Thu Sep 13, 2018 10:14 am
Forum: Personal Consumer Issues
Topic: Do you use social media to enhance your travel experience?
Replies: 66
Views: 3010

Re: Do you use social media to enhance your travel experience?

When my family travels, I rarely share photos. I do take a lot and upload them to a private Google Photos archive. But, never really share on FB or Instagram. I'm 44 and have swore off using FB. I rarely use it for personal use and only have an account in order to place client Facebook Ad campaigns....
by renue74
Thu Sep 13, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 11547

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

Will give you a POV from a small business owner. A few years ago, sold a side gig business and am FI at 44. Still have main business, but each year, it's harder to get excited about it. The only constant is change....and now I hate to see bad clients and have less effort to appease them. You know wh...
by renue74
Thu Sep 13, 2018 9:00 am
Forum: Personal Consumer Issues
Topic: Need burner phone for wife traveling in Italy
Replies: 24
Views: 1951

Re: Need burner phone for wife traveling in Italy

We went to Italy a couple years ago. We used wifi a lot for iMessages....but we also had Verizon turn on a $40 international plan for 1 month.

Worked great. No issues.

I would contact my your current provider and check with them first.
by renue74
Wed Sep 12, 2018 9:12 am
Forum: Personal Finance (Not Investing)
Topic: The Atlantic: 'Why is College In America So Expensive?'
Replies: 27
Views: 2681

Re: The Atlantic: 'Why is College In America So Expensive?'

I saw that NYU is offering free medical school which is a huge incentive to encourage some of the most gifted students that are deterred by the amount of debt. The most foolish thing to me is going to a mediocre school for a liberal arts degree with no career or graduate school plans. Everyone does...
by renue74
Wed Sep 12, 2018 8:04 am
Forum: Personal Consumer Issues
Topic: Botched countertop installation - leave it as-is or risk the repair?
Replies: 78
Views: 8472

Re: Botched countertop installation - leave it as-is or risk the repair?

Recaulk the sink. The purpose of the caulk is to stop water from touching your cabinets and space below.

It's not a big deal and shouldn't be made into one. It literally takes 2 minutes to recaulk.
by renue74
Tue Sep 11, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Laid Off, Considering Multiple Options - Which Would You Recommend?
Replies: 39
Views: 5498

Re: Laid Off, Considering Multiple Options - Which Would You Recommend?

Option 1 - Find another position. Even if not in the same company, you can look for another position. Most likely, you are not ready to change your lifestyle...so finding another job is probably best. Unemployment is at a low...so it may be easier to find a position, even if not as high paying. If y...
by renue74
Mon Sep 10, 2018 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Options/Suggestions.
Replies: 99
Views: 10294

Re: Side Hustle Options/Suggestions.

Amazon FBA, Upwork, TaskRabbit, Amazon Mechanical Turk.

BTW...an earlier poster who said dog walking....I just had lunch with my old business partner. He told me he knows a guy making $50K/year as a full time dog walker. #wth
by renue74
Mon Sep 10, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: Home Foundation Water Mitigation in So. Carolina
Replies: 6
Views: 468

Re: Home Foundation Water Mitigation in So. Carolina

I live in SC....near Ft. Mill. I'm pretty sure most of Lexington Co. contains sandy soil. Most homes in this area don't require sump pumps or french drains. To be safe, I would definitely get an inspection on the system. Not from a general home inspector, because they'll basically tell you that you ...