Search found 117 matches

by boogiehead
Wed Apr 03, 2019 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Considerations for Rent v Buying for 4-year stay
Replies: 16
Views: 1441

Re: Considerations for Rent v Buying for 4-year stay

Another side point, other than buying at the bottom of the market, under what sort of conditions would it be wise to buy for a stay of 4-5 years? If you were a real estate agent, super handy with fixing stuff, its near bottom of the market, amazon has just announced that they will building hq3 in t...
by boogiehead
Sat Mar 23, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Is it time to sell your stocks to reset your basis?
Replies: 25
Views: 1708

Re: Is it time to sell your stocks to reset your basis?

I know everyone dreads paying taxes, but my number one concern would be if I feel selling the stocks now allows me to lock in some gains and diversify my portfolio with index funds. Based on what you wrote it seems like a yes to both, so I would just proceed... a mentor of mine who is quite wealthy ...
by boogiehead
Fri Mar 22, 2019 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Need Foreign Currency
Replies: 25
Views: 1506

Re: Need Foreign Currency

I use my fidelity cash management account atm card and withdraw money at the local atm when I arrive at the foreign country. Competitive exchange rates with no foreign transaction fee and they will refund you the atm fee. Charles schwab has the same product as well.
by boogiehead
Wed Feb 27, 2019 5:17 pm
Forum: Personal Consumer Issues
Topic: Things to do in and around San Diego
Replies: 33
Views: 1930

Re: Things to do in and around San Diego

If you are staying in downtown/gaslamp district park in the public parking lots instead of at the hotel (which mostly only offer valet), it'll save you about $15-20 a night.
by boogiehead
Wed Feb 27, 2019 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Seller Evaluating Multiple Offers
Replies: 12
Views: 957

Re: Seller Evaluating Multiple Offers

I would counter #3 and ask them to match the selling price from #2. I agree, based on the information provided. What does your agent say? My agent told me she gave the other agent a heads up that their all cash offer is the lowest before the counters. I'm curious what is the fine line.... are agent...
by boogiehead
Wed Feb 27, 2019 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Seller Evaluating Multiple Offers
Replies: 12
Views: 957

Seller Evaluating Multiple Offers

For those of you that have sold your properties with multiple offers how did you evaluate your offers. I have 3 offers on the table and I'm in the process of asking for counter offers. Based on the initial offers would you guys rank it the same way I have why or why not and how much do you value a t...
by boogiehead
Mon Feb 25, 2019 5:06 pm
Forum: Personal Consumer Issues
Topic: DIY Auto repairs
Replies: 46
Views: 2833

Re: DIY Auto repairs

I did some auto DIY stuff back in my college days when I was into fixing up cars and stuff ..... what I learned was that you need to the buy the right tools or else it could be a pain or dangerous (I was using the emergency jack kit from the car to rotate my tires until one day the lift almost gave ...
by boogiehead
Sun Feb 24, 2019 2:03 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 578
Views: 52998

Re: Talk me out of buying a Tesla Model 3

To me what's alarming is the high turnover rates among its executives. Most executives have incentives that take a few years to vest and a lot of them seem to bailout before that meaning they don't see long term future for the company and that's with insider information :shock:
by boogiehead
Fri Feb 22, 2019 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: $50,000 executive MBA at a state school or $5,000 MBA at a regional school?
Replies: 46
Views: 4390

Re: $50,000 executive MBA at a state school or $5,000 MBA at a regional school?

Based on this statement I learned my lesson from overpaying $2k for my car; it seems like the best choice would be none of the above as you also mentioned it won't help you get a raise and it seems like you are already in a management position. To me MBA is more for people that want to have a chang...
by boogiehead
Fri Feb 22, 2019 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: $50,000 executive MBA at a state school or $5,000 MBA at a regional school?
Replies: 46
Views: 4390

Re: $50,000 executive MBA at a state school or $5,000 MBA at a regional school?

Based on this statement I learned my lesson from overpaying $2k for my car; it seems like the best choice would be none of the above as you also mentioned it won't help you get a raise and it seems like you are already in a management position. To me MBA is more for people that want to have a change...
by boogiehead
Tue Feb 12, 2019 12:18 pm
Forum: Personal Consumer Issues
Topic: Employer Arbitration vs. Court
Replies: 14
Views: 1325

Re: Employer Arbitration vs. Court

This sounds like forced arbitration. It is not to your benefit, but I’m not sure there is anything you can do about it. What happens if you don’t sign the agreement? https://www.consumeradvocates.org/for-consumers/arbitration Not sure, but they specifically stated its mandatory so I'm assuming poss...
by boogiehead
Mon Feb 11, 2019 11:17 pm
Forum: Personal Consumer Issues
Topic: Employer Arbitration vs. Court
Replies: 14
Views: 1325

Employer Arbitration vs. Court

Looking for some insights or if anyone is familiar with the following. My employer just sent out an email to all employees wanting us to sign a mandatory Mutual Arbitration Agreement. "The Mutual Arbitration Agreement is an agreement to arbitrate a claim between you and the company (as opposed to go...
by boogiehead
Fri Jan 25, 2019 9:51 pm
Forum: Personal Investments
Topic: Investing in a rental property - first time investor
Replies: 21
Views: 1726

Re: Investing in a rental property - first time investor

I am thinking of buying a 4 bed single family new construction house in Texas for about $200k. With 25% down, 5% interest rate mortgage and all expenses included, cash flow is projected to be positive $200-300 per month. So says the real estate investor group that I am working with. I don't care ab...
by boogiehead
Wed Jan 23, 2019 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - quit 6-figure job to do coding school?
Replies: 118
Views: 10258

Re: Need Advice - quit 6-figure job to do coding school?

You have a lot of choices, but it just seems like you are stuck in a rut. When you state "no learning" and "office politics" (have you asked for additional tasks, have you looked into training, have you tried talking to management about opportunities etc...) If you really have a passion for coding w...
by boogiehead
Thu Jan 03, 2019 2:23 pm
Forum: Personal Consumer Issues
Topic: Leasing a car
Replies: 27
Views: 3214

Re: Leasing a car

Dealers like to move numbers around to confuse consumers and if you negotiate the selling price of the car then you can calculate your exact lease payments yourself and will know if they are padding that number. I would make sure you understand the basics such as residuals, money factors, etc... bef...
by boogiehead
Thu Jan 03, 2019 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Time to Sell Rental Property?
Replies: 26
Views: 1956

Re: Time to Sell Rental Property?

Thanks for everyone's input ... I think if anything I will list the place to gauge the interest of the market. Also I realized that I can qualify for the home exclusion capital tax gains since it was my primary residence before I leased it out the past 3 years or so, however can someone tell me if t...
by boogiehead
Wed Jan 02, 2019 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Time to Sell Rental Property?
Replies: 26
Views: 1956

Re: Time to Sell Rental Property?

I had 2 duplexes we bought in 2014. They were in "C" class neighborhoods and turned a great yearly profit. We had bought them for $35K and $42K and in 3 years doubled in value. We sold them last year. I looked at the fact the net profit from the sale of the duplexes were about 5 or 6 years net inco...
by boogiehead
Wed Jan 02, 2019 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Time to Sell Rental Property?
Replies: 26
Views: 1956

Re: Time to Sell Rental Property?

What would your net look like after fees, taxes, etc? If that is $150k (just an example), Int Treasury index would net you ~$300/month with no effort. Perhaps less upside but less work. Seems like a good time to look at selling. Great point thanks for pointing that out... based on some quick calcul...
by boogiehead
Wed Jan 02, 2019 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Time to Sell Rental Property?
Replies: 26
Views: 1956

Re: Time to Sell Rental Property?

I don't own rental property but the question I would ask myself is; Would you buy it today? There can be transaction costs and taxes that might skew the answer but if you would not buy it today then it could be time to sell it. One thing to keep in mind is that most housing markets are still strong...
by boogiehead
Wed Jan 02, 2019 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 201
Views: 33754

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

Does someone know if the MLB version of the cash reward card will be eligible for the 5.25% cash back as well with plat honors..... To me the BOA cash reward card looks hideous :P
by boogiehead
Wed Jan 02, 2019 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Time to Sell Rental Property?
Replies: 26
Views: 1956

Time to Sell Rental Property?

For those of you with rental properties how do you determine when its time to sell.... I've been fairly lucky with my tenants so far and they just gave me a heads up that they will be moving out at the end of next month. I'm at a crossroads here ... part of me feels like its time to sell the place: ...
by boogiehead
Mon Dec 17, 2018 8:28 pm
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 140
Views: 12076

Re: Can I buy a Tesla?

The first true test for Tesla is what's going to happen once some of the incentives for the car disappears federal, state, hov sticker along with stiffer competition.... if history repeats itself it does not look good for Tesla.

https://www.ft.com/content/2b8eb480-0a4 ... ca06376bf2
by boogiehead
Wed Dec 05, 2018 4:38 pm
Forum: Personal Consumer Issues
Topic: Southern California Vacation Questions
Replies: 39
Views: 2310

Re: Southern California Vacation Questions

We will be in Southern California the last week of this month (Christmas to New Year Eve) for 5 days. Flying into LAX from the east coast. Will be with dw, ds (22) and dd (17). Main excuse is for dd to visit UCLA where she is applying, but it is more of a vacation. I had some general questions that...
by boogiehead
Mon Nov 05, 2018 1:00 am
Forum: Personal Consumer Issues
Topic: Anyone with an Audi A3, Sport hatchback e-tron?
Replies: 37
Views: 2613

Re: Anyone with an Audi A3, Sport hatchback e-tron?

I'll chime in as I got the car over the summer although I leased it. So far I've been fairly happy with the car, however I believe the car is really a niche car. Pros: Handles well with nice hatchback design, interior is very nice and has a luxury feeling, qualifies for the cvrp rebate and the lates...
by boogiehead
Fri Oct 26, 2018 1:32 pm
Forum: Personal Consumer Issues
Topic: How to debug slow wifi?
Replies: 27
Views: 1980

Re: How to debug slow wifi?

All good replies so far. One thing I forgot to mention is my router appears to be dual band. Yesterday, I checked the box for 5Ghz network and restarted it. But I did not see any 5Ghz network show up in my list of wifi networks.. Perhaps it is not dual band? No its probably because you have an olde...
by boogiehead
Fri Oct 26, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: How to debug slow wifi?
Replies: 27
Views: 1980

Re: How to debug slow wifi?

In the past few weeks our wifi has suddenly started slowing down in the bedrooms farthest from the router. I did a speedtest in our upstairs bedroom and only got 3Mbps for download and .2 Mbps for upload. We never used to have problems watching videos in this bedroom. Now they stall for buffering.....
by boogiehead
Tue Sep 18, 2018 11:05 pm
Forum: Personal Consumer Issues
Topic: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help
Replies: 82
Views: 3936

Re: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help

How many total miles do you have on your lease? Since it seems like you are way under have you tried going to carmax and see how much they willing to buy the car out from you? There might be a possibility in which they'll pay you more than what your buy out would be since your car has such low milea...
by boogiehead
Fri Sep 14, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Leasing Cars in Retirement
Replies: 98
Views: 8489

Re: Leasing Cars in Retirement

Wanted to get others thoughts on leasing cars in retirement in lieu of triggering an additional taxable event by spending down investments. Thinking $350 or so monthly for three years within mileage allowances, wash and repeat. Pluses are covered maintenance and investments continue to grow. Please...
by boogiehead
Tue Sep 11, 2018 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: MBA vs Home Ownership
Replies: 24
Views: 2227

Re: MBA vs Home Ownership

I think you have to ask yourself a few more questions: 1) Are you passionate about getting an MBA, a certain specialization, wanting to change career or are you only concerned about being able to earn a higher wage as you progress in your career? If you are only concerned about the latter than I bel...
by boogiehead
Mon Sep 10, 2018 11:17 am
Forum: Personal Consumer Issues
Topic: Massage Chair
Replies: 4
Views: 737

Massage Chair

I've been debating about getting a massage chair some time now since I've been going to a chiropractor/massage therapist off and on for a couple of years now whenever I have some aches and pain. Looking at Costco it seems like nowadays you can get a pretty good massage chair for under 2k. For those ...
by boogiehead
Thu Sep 06, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Rent Increase or Not?
Replies: 25
Views: 2784

Re: Rent Increase or Not?

OP, is this your first year that you are doing this? You should not set a precedent for the rent staying unchanged forever, that would lead to unrealistic expectations. What I typically do is look up the year-over-year increase in CPI-W, and index the rent to it accordingly. This provides a solid j...
by boogiehead
Thu Sep 06, 2018 12:28 am
Forum: Personal Consumer Issues
Topic: Encryption Solution: Local + Cloud
Replies: 60
Views: 4748

Re: Encryption Solution: Local + Cloud

Just curious if you guys don't mind me asking.... what type of files are you guys encrypting? And are you guys using this solution to prevent (i.e. dropbox, google drive) from having free access to your data once you upload it to the cloud?
by boogiehead
Thu Sep 06, 2018 12:16 am
Forum: Personal Finance (Not Investing)
Topic: Rent Increase or Not?
Replies: 25
Views: 2784

Rent Increase or Not?

I have a rental property in which the lease is about to expire. The current tenant's have been pretty good in terms of paying on time, however I believe the rent is about 5% below market for the area on top of that I had to pay a special assessment and increased HOA fee this year. I was thinking abo...
by boogiehead
Tue Aug 21, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding Rental Depreciation
Replies: 9
Views: 626

Re: Understanding Rental Depreciation

Thanks for everyone's input... I'll have to go back and check the details of my tubrotax this week, hopefully it did capture it based on what I've answered especially since I have been using the premier version that states its good for investments and rental property.
by boogiehead
Tue Aug 21, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding Rental Depreciation
Replies: 9
Views: 626

Understanding Rental Depreciation

I moved out of my old condo a few years ago and have been renting it out and collecting rental income offsetting my mortgage. Since its fairly straightforward I just continue using turbotax to do my taxes every year. However, I just realized after reading some financial blog that you can be deprecat...
by boogiehead
Wed Aug 15, 2018 7:16 pm
Forum: Personal Consumer Issues
Topic: Where to buy white, athletic fit dress shirt?
Replies: 52
Views: 4236

Re: Where to buy white, athletic fit dress shirt?

I've been very happy with Charles Tyrwhitt as they have a variety of fits and materials although I haven't bought any recently since we've gone to casual dress at work. But they have sales every now and then where you can get a nice dress shirt in your specific size for about $40.
by boogiehead
Wed Aug 15, 2018 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Residential vs Commercial Property Landlord
Replies: 6
Views: 938

Re: Residential vs Commercial Property Landlord

Thanks for everyone's thoughtful replies.... I knew it couldn't be that easy :P , just some wishful thinking as one of my dad's friend retired from his small business but kept his warehouse and is collecting 10k in rent a month.
by boogiehead
Tue Aug 14, 2018 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Residential vs Commercial Property Landlord
Replies: 6
Views: 938

Residential vs Commercial Property Landlord

Hoping someone with commercial landlord experience can chime in. Currently I'm renting out a condo that's helping me pay off the mortgage and the tenant so far has been pretty good. I've read and heard many horror residential landlord stories so thinking ahead if my current tenant's move out I might...
by boogiehead
Thu Aug 02, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Vehicle Leasing...Again ;)
Replies: 23
Views: 2096

Re: Vehicle Leasing...Again ;)

$3600/year for the leased vehicle doesn't seem expensive to me because even if you sell the financed vehicle for 25k as suggested that's still $2500/year to keep the financed vehicle. That neglects to account for average market returns and maintenance that you had to spend on that vehicle too thoug...
by boogiehead
Mon Jul 30, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy new Nissan Leaf?
Replies: 35
Views: 2803

Re: Should I buy new Nissan Leaf?

From a pure financial stand point its never a good idea to buy something "just cause its a good deal" (I've fallen into this trap many times myself and tbh I regret it about half the time) because it still requires you to spend money in which you could be saving (assuming you follow the boglehead ph...
by boogiehead
Wed Jul 25, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: How much car can I buy?
Replies: 46
Views: 2616

Re: How much car can I buy?

How about looking at this in reverse? NOT how much car can I buy? BUT how simple a car do I need to serve my needs? Make a list of bullet points such as: * room for two adults and two kids * Trunk space for same * XX minimum MPG standard to you * Performance minimums; should be competent, not neces...
by boogiehead
Thu Jul 12, 2018 5:31 pm
Forum: Personal Consumer Issues
Topic: Advice on IT Certification program
Replies: 109
Views: 6506

Re: Advice on IT Certification program

The main question — is this program sufficient to qualify Kid for an entry-level job in network administration? Kid has no experience in the networking field. Kid did build a desktop computer for personal use, which is pretty neat, but not job-qualifying. Started in the IT field and now indirectly ...
by boogiehead
Thu Jun 28, 2018 12:28 pm
Forum: Personal Consumer Issues
Topic: New car dealer pricing
Replies: 44
Views: 3107

Re: New car dealer pricing

Truecar and Costco give you a good starting point for negotiation - if you don't want to deal with negotiating, you can take that price and know you're not getting completey ripped off. Or you can negotiate down from there. We paid about $2000 less than Truecar quoted for our Honda Pilot. When I co...
by boogiehead
Tue Jun 12, 2018 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Boring Job
Replies: 64
Views: 8377

Re: Boring Job

Look on the bright side you have time to learn and read about life, investing, and finance from everyone on this forum at work :D I wouldn't be too quick to jump boat as the grass always looks greener on the other side as I've seen many people move horizontally from job to job and at the end they ba...
by boogiehead
Fri May 18, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Home Loan from Parents
Replies: 38
Views: 4655

Re: Home Loan from Parents

I had a similar situation a couple years ago and based on what you described (and assuming your parents are on the same wave length) I believe it could potentially work out. Just make sure you are keeping track of everything for tax purposes and you guys are following the guidelines published by IRS...
by boogiehead
Wed May 16, 2018 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Comparison Strategy
Replies: 3
Views: 489

Re: Insurance Comparison Strategy

I had State Farm for years and my parents did before me. Rates would be increased every so often and the agent really couldn't do much for us. We never made any claims or had anything more than the occasional speeding ticket every 2 or 3 years. I finally had enough and went out to an independent br...
by boogiehead
Wed May 16, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Insurance Comparison Strategy
Replies: 3
Views: 489

Insurance Comparison Strategy

I've recently took over my family's (older parents) insurance needs as their old broker didn't do anything for them, but only continually increased their rates and even had my parents who are retired estimating them driving 12k a year when in fact they drive closer to half of that, so i quickly chan...
by boogiehead
Mon May 14, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: Car Insurance Named Driver Exlusion Options
Replies: 8
Views: 872

Re: Car Insurance Named Driver Exlusion Options

All insurance companies will have the same information. However, not all insurance companies will necessarily want to exclude your sister or increase your rates in the same way. You will probably need to price the insurance both ways. See if other insurers will give you a family rate with your sist...
by boogiehead
Mon May 14, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: Car Insurance Named Driver Exlusion Options
Replies: 8
Views: 872

Re: Car Insurance Named Driver Exlusion Options

Did any of the incidents involve a DUI? She may be required to carry SR-22 insurance as a high risk driver. I'd check to see if it's just that your current insurer won't cover her anymore or if you need to get her special SR-22 insurance. No DUIs. I was a bit surprised as to the best of my knowledg...
by boogiehead
Mon May 14, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: Car Insurance Named Driver Exlusion Options
Replies: 8
Views: 872

Re: Car Insurance Named Driver Exlusion Options

As a Boglehead I took over in managing my family's auto insurance needs a couple years ago, but just received a Named Driver Exclusion in our latest policy renewal (my sister, who had a fairly clean driving record before this year in which she got into 2 accidents (1 her fault) and a ticket. With t...