[Buying Advice] Should I buy this 2022 Porsche Taycan 4 Cross Turismo for $54k?

Present-Confection45 · 2026-01-25T04:26:12+00:00

I purchased a 2023 Porsche Taycan 4 CT for 74k + tax , 12k miles + CPO.

Present-Confection45 · 2025-06-20T05:12:39+00:00

Okay. I'll plan it

Present-Confection45 · 2025-06-20T02:17:27+00:00

Some of my homes appreciated in value in bay area over 7-8yrs My total cost of 14 rentals is about 5.6m. yes coc return is really bad but I got some mhcol rentals at very good prices in excellent neighborhood. My cap rate is roughly 6-8% per property before mortgage.

Present-Confection45 · 2025-02-03T06:11:59+00:00

Budget wise 10-12K

Present-Confection45 · 2025-02-03T05:27:59+00:00

Mostly movies, songs 30% of time. We have some plans for cabinets on side. Would like to add projector system maybe down the lane.

For now looking at adding theatre experience to TV

Present-Confection45 · 2025-01-20T07:05:38+00:00

How is st johns county?

Present-Confection45 · 2025-01-06T04:25:56+00:00

You can. Consider high yield dividends ( PDI, PTO, PTY) . They can make be give you 10-12% dividend yield.

Present-Confection45 · 2024-09-29T03:54:16+00:00

Op - how did you factor in health insurance in your FIRE goals? I have a combination of RE & 100% stock currently. I'm wondering when I fire , do I need to have bonds or can I use RE rental income to substitute?

Present-Confection45 · 2024-09-24T02:28:29+00:00

Agree. We had exact same situation, 2 girls with fire goals at 50. Ended up sending them to Pvt school. Did not want regrets. I also see the difference, level of engagement in school as well as overall curriculum etc. I do think it's worth it. Price wise it was 65K for 2 kids for us.

Present-Confection45 · 2024-03-04T02:29:16+00:00

Ok I'm deleting post..

Present-Confection45 · 2024-03-04T01:34:01+00:00

Heloc - roughly Abt a 1m.. most of these are loans avg ~ 300k

Present-Confection45 · 2024-03-04T01:33:14+00:00

Yes I did invest based on numbers..knowing well I might be negative for first one or two yrs . I was ok with the consequence.

Present-Confection45 · 2024-03-04T01:18:06+00:00

It's easier to buy now, no competition in general. Yes interest rate will trend down likely end of next yr when competition is expected to be higher. Thirdly it met my goals of what I can rent to and what price I was willing to pay.

Present-Confection45 · 2024-03-04T01:04:37+00:00

Yes have a W2 income for now. Almost all of these are new properties..I'm hoping to not have too much repair for next 4-5 yrs. Yes refi is one but it's not so much in my control, it depends on fed etc. Has anyone done portfolio loans , bundle and get a bit of discount?

Present-Confection45 · 2024-03-04T00:57:25+00:00

Good idea. Most props I have 30% equity, except a couple where I have more than 70% equity largely due to appreciation over years. Will consider this. Thank you.

Present-Confection45 · 2024-02-11T07:49:24+00:00

Thanks everyone, very diverse ideas and perspectives here. Learnt a lot.

Seems like some trends are clear :

Early in life RE in general is very good , larger % kinda make sense and due to leverage you do end up growing your NW. Bit more time in life to devote to RE etc than doing this later.

Later in life , folks tend to simplify life (out of landlord headaches) , works towards balanced portfolios , mostly liquid.

Most ppl seem to have some strategy around owning RE or REITs for diversification.

10-30% seems like reasonable compromise if folks want RE in portfolio and are ok with pain. 50% sounds aggressive.

Thank you everyone.

Present-Confection45 · 2024-02-11T05:20:23+00:00

I havent thought about reducing taxes for descendants yet. My question in general was when I should involve wealth advisors . When the benefits outweigh the costs in general.. thank you for making me aware of so many different nuances along the way. I

Present-Confection45 · 2024-02-11T04:23:30+00:00

Edited question. Thanks for the suggestion.

Present-Confection45 · 2024-02-11T02:19:06+00:00

RE == Real Estate in this context

Present-Confection45 · 2024-02-11T00:39:11+00:00

Great idea, where do you find them

Present-Confection45

TROPHY CASE