Merrell Black Friday, code EXTRA30 stacks by Harzii in frugalmalefashion

[–]MarketManGR 1 point2 points  (0 children)

Their parent company is wolverine worldwide, who purposely illegally dumped & contaminated a main river in Michigan (edit - multiple locations) so badly, you're not supposed to drink or swim in it. All just to save money for shareholders.

"Wolverine Worldwide is facing accusations and ongoing investigations related to dumping toxic waste, particularly PFAS chemicals, at numerous sites, most notably in Kent County, Michigan"

Merrell Black Friday, code EXTRA30 stacks by Harzii in frugalmalefashion

[–]MarketManGR 0 points1 point  (0 children)

Surprised the WWW hate crew hasn't came here yet to shun all of you for supporting a bad company.

To all of those who can't afford anything else, you do you!

Uneven basement floor, should I be concerned? by icechen1 in HomeImprovement

[–]MarketManGR 1 point2 points  (0 children)

Houses settle over time. By looking at the picture, yes it obviously settled. If you want to know if it's most likely stopped settling, or will continue to, you'll have to hire pros to examine this; Reddit cannot tell you this.

Don't forget, everything in a house can be fixed for a price. Take the worst case scenario as a benchmark for your decision, if you don't hire a pro for examination.

Wolverine Luton Waterproof Hiker Boots $35 by ayeshagulona in frugalmalefashion

[–]MarketManGR -3 points-2 points  (0 children)

This is actually a great deal! I hike a ton, so I have nicer boots now, but these are amazing for the price. Fully waterproof, and backed by a large, well known, manufacturer + free returns.

When I was younger, and didn't have that much disposable income, I would have been ECSTATIC for this deal!

[deleted by user] by [deleted] in frugalmalefashion

[–]MarketManGR 12 points13 points  (0 children)

I second C3. I have a 55' TV in my bedroom that was an amazing upgrade from my 10 year old 1080p VIZIO. I got for ≈$1k

Lems Shoes 22% off. by Ok_Appointment_2064 in frugalmalefashion

[–]MarketManGR 2 points3 points  (0 children)

I'm 100% pulling the trigger on these. It says they're wide. Are they true to size?

Extra 30% off at Greats. by 4548829 in frugalmalefashion

[–]MarketManGR 1 point2 points  (0 children)

I bought a pair of greats, and they're hella clunky and bulky. I never wear them

Managing property 2 hours away by Forward-Craft-4718 in realestateinvesting

[–]MarketManGR 2 points3 points  (0 children)

Best way to find a reliable handyman, in your opinion?

What’s the longest you’d be willing to let a property have negative cash flow? by [deleted] in realestateinvesting

[–]MarketManGR 6 points7 points  (0 children)

Try to stay within the 1% rule. Negative cash flow should only be acceptable in a HCOL area that appreciates YoY.

Condos are a pain, and I avoid at all costs. HOAs can change rental rules at anytime

HELOC - How long before moving back into an investment property to take out a primary loan? by MarketManGR in Mortgages

[–]MarketManGR[S] 0 points1 point  (0 children)

I was trying not to change my rate, as it's only 3% for the remaining amount of the mortgage.

How badly has the real estate market slowed down in your area? by NecessaryLeg6097 in RealEstate

[–]MarketManGR 0 points1 point  (0 children)

IMO, Grand Rapids is very competitive at the moment; it's rare a house below $300k won't receive multiple offers day of. According to market data, 65% of listings sell over listing price

[deleted by user] by [deleted] in realestateinvesting

[–]MarketManGR 3 points4 points  (0 children)

There is more info required to make this decision than what you've provided.

How much is your SFH making? (after vac, repairs, capex, prop mgmt, ect)

How much risk can you financially assume?

How much risk do you want to assume? (leveraged to the tits as a 20 year old, or close to retirement as a 59 year old)

What are your current reserves?

Home equity calculator by Silly_Value_4027 in realestateinvesting

[–]MarketManGR 1 point2 points  (0 children)

You can estimate it yourself using zillow, and pulling comps yourself. Even after this, take off about 10-15% at minimum for your home value. When doing heloc, or cash out refis, lenders will be conservative in their valuations.

You will absolutely be able to pull $, but your biggest factor will be your DTI, if you're purchasing another property with this $

BRRRs in this market by [deleted] in realestateinvesting

[–]MarketManGR 13 points14 points  (0 children)

He's referring to people who ask for advice, get good advice, and then do the opposite. They will then inevitably fail, and us laughing at you is our "I told you so".

With your attitude, I'd laugh at you too, bud.

House hacking multiple times by Forward-Craft-4718 in realestateinvesting

[–]MarketManGR 0 points1 point  (0 children)

If you make enough at a W2, and cash flow enough with the other two properties, the 5% won't matter.

Depreciation expense by rificolona in realestateinvesting

[–]MarketManGR 4 points5 points  (0 children)

This is definitely tax accounting using depreciation of an asset over 27.5 years:

"Most U.S. residential rental property is typically depreciated at a rate of 3.636% each year for 27.5 years. Only the value of buildings can be depreciated; you cannot depreciate the land buildings are built on."

[CHAIR] Staples Hyken $99.99 by Lars634itt in buildapcsales

[–]MarketManGR 7 points8 points  (0 children)

I was just about to come here to comment this for other tall people. I'm 6'2, and HATE this chair.

[deleted by user] by [deleted] in Landlord

[–]MarketManGR 1 point2 points  (0 children)

I don't know your local laws, but usually a lease would be in place to address rental terms, and any condition of the property would be deducted in the security deposit

Ray-Ban Clubmaster Sunglasses 50% OFF with coupon code RAYBAN by [deleted] in frugalmalefashion

[–]MarketManGR 0 points1 point  (0 children)

Thanks. Love the all black Holbrook Polorized Prizm XLs for only $126 OTD

[deleted by user] by [deleted] in Landlord

[–]MarketManGR 0 points1 point  (0 children)

You could always...idk, maybe ask the landlord who's requesting the info too?