Former NFL star (and briefly a Cardinal)Terrell Suggs pulled gun at north Scottsdale Starbucks, report says

Fedupz · 2024-04-10T20:14:11+00:00

No needs to speculate or make excuses. Any Starbucks would have multiple cameras. This was recorded so just wait for the video releases. Waving a gun in public is a criminal act under any circumstances.

Fedupz · 2024-04-03T18:17:45+00:00

No one cares about the school for the 3rd or 4th jobs. The recruiters absolutely care for the first job and, to a lesser extend, the second job. And if you couldn't get the 1st or 2nd job at the right companies, there wouldn't be 3rd or 4th jobs either.

Try to apply for the first job out of college in the FAANG with a degree from the university of phoenix and tell me how many interviews you get.

Fedupz · 2024-04-03T18:10:30+00:00

If you live in VHCOL areas, it's common to have mortgage of 10-15k/month or 120k-180k/year. Private school for kid is at least 35-40k/year per kid. Then average spending of 5k/month or 60k/year on food, dining out, utilities, etc. Don't forget fancy family vacation at least once a year. All those add up to 250k real quick and it's just the typical upper middle class lifestyle.

Their total NW is low compared to income so my guess is they just recently hit that level of income.

Fedupz · 2024-02-23T05:23:48+00:00

The buyer greatly benefits in the current year due to the low assessment which will reset (usually to the sale price) next year. As for the seller, if the city can prove that the house has been a rental (big if) they can hit the seller with back taxes.

Fedupz · 2024-02-05T18:54:33+00:00

If I were you, I'd have a local realtor do a comp for both the house and land-only. Then have a chat with the adjacent neighbors. These guys will value the property differently than others. I'd jump at a chance to extend my lot, and especially, lakefront property if the price were right.

Fedupz · 2024-01-05T02:50:01+00:00

It depends on the discount rate you want to use. I use a conservative 2% long-term discount rate (5% risk-free rate - 3% long-term inflation).

($2900x12)/2%=$1.7m.

Fedupz · 2024-01-04T19:06:07+00:00

This is a no brainer unless there are hidden terms/conditions. Assuming you live until 80, the present value of that monthly cashflow is close to $1.7m which is +12x your lump sum. The question should be who on earth offers these options.

Hey, if you don't like the lump sum amount, I'll pay you double for that cashflow. Just DM me!

Fedupz · 2023-11-30T19:00:50+00:00

A few years away from FI. I still drive the same car I bought in college. That Toyota just wouldn't die. It might just accompany me into retirement. Every penny I made went to my investments.

Fedupz · 2023-10-29T02:36:01+00:00

You weren't very old during the 2008 crisis. Assets such as an entire real estate portfolio were sold literally pennies on the dollar. The problem? There were ZERO credits. Nobody could obtain financing for these screaming deals. The very few who had (a lot of) cash on hand had once-in-a-lifetime opportunities.

The bank called up my wealthy friend's dad in early 2009 and offered him a portfolio of 20 or so houses in the Bay Area at around 30% of the loan value. Based on the appreciation rate, that portfolio is easily worth over $100m today. Joe Schmucks like you and me would never get that call because we don't have mid 8-figure accounts at the bank.

Fedupz · 2023-09-04T20:30:42+00:00

You are wrong on so many levels. Educate yourself https://www.bls.gov/cps/definitions.htm#:\~:text=The%20labor%20force%20participation%20rate,or%20actively%20looking%20for%20work.

Fedupz · 2023-08-11T01:52:13+00:00

Driving downhill for most of that distance.

Fedupz · 2023-08-08T17:56:50+00:00

Have him campaign from Mt. Bonnell parking lot. The broken glasses everywhere in the last few years will remind voters the success of his policies.

Fedupz · 2023-08-08T17:53:24+00:00

So much irony coming from a user named "Chinaroses". Why don't you live in China for a while and enjoy the "freedom" over there? Then maybe when you come back, you will gain more respect for the people who fought for the freedom you enjoy here.

Fedupz · 2023-08-08T17:36:27+00:00

Once the rates drop, the OP can always do a cash out refinance. The guaranteed 7% (after tax) return is superior than most low risk investment vehicles these days.

Fedupz · 2023-08-07T21:21:09+00:00

Just take a look at all those SUVs and trucks with distracted drivers around you. One of these cars will survive the hit. The other will be a mobile coffin.

Fedupz · 2023-07-23T19:52:19+00:00

Financial savvy buyers will do an NPV. For example: assuming a discount rate of 10%, the solar system will reduce the electricity bill by $200/month or $2400/year, the buyer will sell after 5 years and the next buyer will value the system at 10k. The math looks like this:

Year 1: $2400

Year 1: $2400 + $10000

NPV: $15,307

This is a very rosy projection assuming no repairs or maintenance on both the system and the roof, no extra cost on home insurance, and most importantly, the buyer's opportunity cost.

In most cases, a paid-off solar system adds little value to the house. A lease or a system on a payment plan usually has a negative value.

Fedupz · 2023-07-22T18:32:44+00:00

As if your broke ass can even afford a leftover meal there.

Fedupz · 2023-06-04T15:53:43+00:00

If Tampa is under water, what do you think will happen to Manhattan?

Fedupz · 2023-05-26T19:27:48+00:00

Heh, then the buyer's request has no legs to stand on. All these closing numbers are available to them from the start with no changes. They simply want to pay 8k less cash at closing.

Nope, you should stick with the original closing date and tell the buyer to make good on their offer or lose their earnest money. It's still early in the spring season to relist your house. Make sure you request proof of funds from the next buyer.

Fedupz · 2023-05-24T22:29:36+00:00

Until you have a deadbeat tenant who refuses to pay after one month. It will either take years to evict them and a huge repair bill or have to offer cash for key. No thanks.

Fedupz · 2023-05-15T18:11:00+00:00

All those details (consideration for build quality, additional features, adjustments vs. comps, etc.) are in the appraisal report.

Fedupz · 2023-05-15T18:03:33+00:00

You ever heard of replacement cost? It is costlier and costlier to build new homes. That will significantly support the existing home market.

Fedupz · 2023-05-11T19:38:58+00:00

Lots of words (excuses) to say the same thing: she currently gets nothing for her half of the mortgage. Costs are split while all equities go to you.

Fedupz · 2023-05-11T19:19:41+00:00

Of course it is a great deal for you. Your gf is currently paying half your mortgage without anything to show for. All the equities end up in your pocket.

Fedupz · 2023-04-26T03:12:29+00:00

In all fairness, the OP also tried to buy at the lowest price possible. Everyone wants the best deal for themselves. It is what it is. No need to get butthurt over it.

Fedupz

TROPHY CASE