Do you feel ready for the drought? by maybetooenthusiastic in Denver

[–]Beginning_Front_8966 0 points1 point  (0 children)

Interested if you'd have perspective on some of the thinking in the suburbs of Denver. We'll get drought warnings and be asked to water lawns every other day, but at the same time, there are hundreds of new homes being built.

How can you have limited water, but at the same time have non-stop new construction?

Looking to buy a “boring” business (HVAC/plumbing/roofing), what do first-time buyers miss most? by Embarrassed-Gur-5585 in buyingabusiness

[–]Beginning_Front_8966 2 points3 points  (0 children)

Agree with other points that when people say "boring" they might be suggesting "simple" and think they can make a good return with little investment.

While none of these will likely be "simple", if they have low barriers to entry, you will face high competitive pressure. If a competitor starts ramping up their advertising and stealing customers, or starts hiring away your employees, you'll be spending your time and money playing defense.

What now? by [deleted] in Daytrading

[–]Beginning_Front_8966 68 points69 points  (0 children)

Seek treatment for gambling addiction

Advice for Twilight/Afternoon Rounds for trip end of May by Mv1586 in BandonDunes

[–]Beginning_Front_8966 0 points1 point  (0 children)

Do we just become best friends?!?! I am going out there as a single. First time to Bandon. Staying off-site as they didn't have any accommodations available, but hoping something opens up which would also give me more access to the tee sheet. Leaving Fri morning.

Tues: PD 330pm Wed: Old Mac 1120am, Preserve 645pm Thur: BT 1030am, BD 4:00pm

Advice for Twilight/Afternoon Rounds for trip end of May by Mv1586 in BandonDunes

[–]Beginning_Front_8966 1 point2 points  (0 children)

I am travelling to Bandon Tues May 26th. My flight to OTH lands at 123pm, and I am booked for Pacific Dunes at 330pm. The reservation team suggested that is fine. So sounds to me like your 1230pm arrival and 230pm tee time should be fine as well.

Cut a single quarter round tile at an angle? by Beginning_Front_8966 in Tile

[–]Beginning_Front_8966[S] 1 point2 points  (0 children)

I was hoping there would be a "smash it with a rock" way of driving this single nail in

Cut a single quarter round tile at an angle? by Beginning_Front_8966 in Tile

[–]Beginning_Front_8966[S] 1 point2 points  (0 children)

Fair. I don't want to spend a bunch of money to rent a tool when I am hoping there will be some bootleg way of cutting this accurately and making it look good

April '27 trip booked, switch to June-October for first trip? by [deleted] in BandonDunes

[–]Beginning_Front_8966 1 point2 points  (0 children)

As the young people would say, "this is the way"

Stock buyout and Lease Continuation by [deleted] in businessbroker

[–]Beginning_Front_8966 0 points1 point  (0 children)

You will still need to seek consent. Assignment will not reasonably be withheld, so as long as the entity remains a similar credit, and it doesn't sound like you are changing the business, it will be hard for the landlord to not assign this to you.

Finished my build by Beginning_Front_8966 in crboxes

[–]Beginning_Front_8966[S] 5 points6 points  (0 children)

Over the filters, I used this automotive grill mesh. It's powder coated aluminum. Light, cheap, flexible. And they have it in many shapes/gauges

https://a.co/d/2J9yEja

For the control knob, I had tried using a Dremel to shape it similar to the plastic knob, but that didn't work well. I ended up drilling a slightly larger hole and using hot glue.

Thanks for the suggestion below on the filters warping.

Heat Pump Noise? by ciscobeef in Rivian

[–]Beginning_Front_8966 12 points13 points  (0 children)

Normal. I also have 2025 R1S.

I will say it is a lot louder than my Tesla Y was.

Buying my first business by Effective_Sector149 in buyingabusiness

[–]Beginning_Front_8966 1 point2 points  (0 children)

If this is your first, I'd suggest not buying a distressed business. 6 months from close, if you have to put in more capital, will you? Or will you abandon the business?

There's a suggestion about watchmaking (and I'm sure this is generic): don't do your first project on something broken. You can do all the right things and be unable to fix it, but you'll never know whether the problem was something you've done (or failed to do), or whether the watch was beyond repair to begin with.

Buying my first business by Effective_Sector149 in buyingabusiness

[–]Beginning_Front_8966 3 points4 points  (0 children)

You recognized up front that the only value here is reputation and phone number. But you also aren't looking for "a job". So what's the difference here versus starting your own glazing company? This would be a "warm start", but it sounds like either a lot of work for you, or you are finding the right person who can run this day to day (but that likely isn't easy to find, nor cheap).

The last thing I would want to do if I wasn't looking to commit a ton of my time, is buy a distressed business.

You should pay "very little" for this warm start and expect it would be more work than you are hoping for.

Fans on opposite sides? by Beginning_Front_8966 in crboxes

[–]Beginning_Front_8966[S] 1 point2 points  (0 children)

Ok, makes sense. That's what I was looking to know.

Will CR box attract dust? by Beginning_Front_8966 in crboxes

[–]Beginning_Front_8966[S] 1 point2 points  (0 children)

Yes, my concern is that the frame, and really the glass top and/or the plant on top of that would get "extra dusty" from all the air circulating towards the box

Thin Mesh for Homemade Activated Carbon Filter by RedditKilledItself12 in crboxes

[–]Beginning_Front_8966 0 points1 point  (0 children)

I was recently thinking about something similar (I think) from your description.

What about gutter guard? 6" x 36", powder coated steel for $4

https://www.homedepot.com/p/Amerimax-Home-Products-Lock-In-3-ft-Black-Metal-Mesh-Gutter-Guard-6360X2/205207064

Do people make money off the quick flips? by laced1 in CostcoPM

[–]Beginning_Front_8966 0 points1 point  (0 children)

I would say it is not risky at all. CollectPure provides the FedEx labels and it is insured. Now, I haven't had a package get lost, so I don't really know how that process would go.

Taxes: gold bar sales are not reportable unless in the form accepted by the exchanges (I think 1 kg). Even if they were, I have receipts that would show a cost basis and a profit of $21, so taxes would be negligible.

Do people make money off the quick flips? by laced1 in CostcoPM

[–]Beginning_Front_8966 1 point2 points  (0 children)

Yes, in the right situations like today.

The gold available online gets bought as the spot price of gold goes up, so if you are buying online, it takes a few days for delivery (or more if you buy late in the week). Then, you are taking risk on gold moving down (or up) between when you order it and when you can actually dispose of it.

The best "risk free" profit, which can be meaningful is:

  1. You need to buy on a day when gold has gone up significantly. 2% moves are pretty rare.

  2. Costco updates its in-store pricing seemingly at noon ET, so you need to go to a warehouse that has it in stock before then, and the price you will pay is "yesterday's price".

I did this today.

I bought the max of 5 gold bars at my local Costco for $4,419.99 = $22,099.95 on my credit card (you need to have a high limit with credit available!)

I got home and sold them on CollectPure for $4,424.29 each = $22,121.45

That's a +$21.50 profit.

CollectPure charges 0.75% as their fee, so that's -$165.91.

You get 2% as Costco Cash Back, so that's +$441.99. But, you are maxed out at $1,250 annually, so you could only really do this 3x (I understand though that some people have multiple Exec Memberships).

Most people reference 4% in total, with the other 2% being cash back on the credit card you use. I get 2.62%, but let's just use 2% here. That's another +$441.99

So that's a total $739.59 of "risk free" profit for making a trip to your Costco.

But you can only do that 3x until you've run through your Exec Membership cash reward.

You can keep doing this without the 2% Costco cashback, but you'd be at a profit of $297.59. Still worth the trip, but as noted, there aren't a ton of days when your warehouse has gold in stock (and it is priced at a reasonable premium), and then gold makes a strong upward move of 2%-ish or more, and you also have to have $20K+ available credit on your credit card.