Search found 161 matches

by rogermexico
Thu Jun 11, 2009 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Microsoft Money being discontinued
Replies: 119
Views: 30595

Only downside to not updating Quicken is that they drop your ability to update stock tickers. I didn't update Quicken and have moved my portfolio tracking to Excel (I am using the MS Money Excel add-in that can automatically look up prices via ticker symbols). So far works pretty nicely, although I ...
by rogermexico
Wed May 27, 2009 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: 'Deadbeats" like us
Replies: 22
Views: 3737

I find it silly that everyone is parroting the CC industry line that annual fees, etc. are coming back due to the recent legislation. If CC companies could be making more revenue on "deadbeats" they'd already be doing it, as anyone with a basic understanding of economics knows. They will lose revenu...
by rogermexico
Sun May 24, 2009 1:05 am
Forum: Personal Finance (Not Investing)
Topic: Buy a house?
Replies: 13
Views: 2460

New homeowner tax credit

The 8k tax credit for new homebuyers is a nice sweetener. I know of parents that are into rental property that are working out deals with their kids (who unlike the parents are eligible for the credit).
by rogermexico
Sun May 24, 2009 12:58 am
Forum: Investing - Help with Personal Investments
Topic: What Should Be Included When Determining Asset Allocation?
Replies: 25
Views: 4380

I have a separate fixed target allocation for the conventional asset classes, but I also monitor % of overall assets in RE in my spreadsheet. I include the rental property values based on the income approach which is more stable than comps, but then again mine are multifamilies where this is a more ...
by rogermexico
Tue May 05, 2009 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Rental properties?
Replies: 30
Views: 4737

A bit more

Basically I'm suggesting you appraise the property as a rental using the income approach based on rents and fixed expenses (which are less volatile than comps). At some later date, the comps in your neighborhood may far exceed this value. However if not, you'll be left with its value as a rental, so...
by rogermexico
Tue May 05, 2009 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Rental properties?
Replies: 30
Views: 4737

The wide world of RE investing

My RE investments (multifamilies not single-family houses (SFH) in my case) have given me much larger returns than any other asset class over last decade. If you were to want to jump in now is the time, although landlording is a job as well as being an investment. SFHs often do not give you returns ...
by rogermexico
Thu Apr 09, 2009 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC
Replies: 1
Views: 1043

HELOC interest rate risk

I'm in the same boat, with about 60% of my total mortgage as a 2.75% HELOC (0.5% below prime from Third Federal). One element in your decision would be can you afford to take on the interest rate risk .. e.g. is your income sufficient to make the payments if prime rate returns to historical values (...
by rogermexico
Thu Jan 17, 2008 12:25 am
Forum: Investing - Help with Personal Investments
Topic: Should My Mom Move her Money?
Replies: 18
Views: 3249

I've been trying to dissuade family members from going the Edward Jones route as well. I haven't been too successful since they are all pretty slick salesmen. I guess you have to be to get that 5-6% upfront. Anyway to avoid something being considered as "your portfolio" you can just point to one of ...
by rogermexico
Wed Jan 16, 2008 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Rental property instead of bonds?
Replies: 5
Views: 1799

Thanks for the input and I’ll clearly have to think on this a bit more. I do plan to buy a few more properties gradually by using the rental prop. equity I already have. However it doesn’t seem to me that this would greatly reduce the risk of the rental prop. portion of my portfolio. If one is an ac...
by rogermexico
Tue Jan 15, 2008 1:20 am
Forum: Investing - Help with Personal Investments
Topic: Rental property instead of bonds?
Replies: 5
Views: 1799

Rental property instead of bonds?

I’m 35 with an overall allocation of 40% stocks/ 60% residential rental property (a 4-family building which I’ve rented out for the last decade). I hold no bonds for retirement, a clear deviation from generic investment advice, which I feel is justified for me because of my relatively small stock ex...
by rogermexico
Tue Jan 08, 2008 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Real Estate Rentals?
Replies: 9
Views: 2656

It’s hard for me to not speak about landlording in glowing terms the 6-plex I bought a decade back is worth about 4x more than I paid for it and has always had positive cash-flow. Since I’ve provided a fair amount of labor it’s difficult to work out the actual returns. It’s a difficult job with a st...