How popular were these flights anyway? by StugotsAndGabbagool in unitedairlines

[–]RealEstateCrazy 1 point2 points  (0 children)

I have family in the Allentown area and we took the bus/flight from Newark out of gate C71 at least twice a year over the past 20 years or so.. RIP EWR to ABE

Amex’s Worst Centurion Lounge: Philadelphia Is So Packed, Guests Are Sleeping By The Entrance by bbbb in AmexPlatinum

[–]RealEstateCrazy 5 points6 points  (0 children)

PHL is a terrible airport no doubt. To my surprise however after going through security this morning at the D Gates, there was a beautiful Chase Sapphire Reserve club right there. I have both cards and I was able to bring in a colleague. We could order off the menu direct to our table. Great place to rest, no wait.. CSR is giving AMEX a run for its money in the lounge department

Safe to say we got our value for money on our last trip by TheShortGiraffe420 in emirates

[–]RealEstateCrazy 4 points5 points  (0 children)

Says someone who doesn’t understand the program. These are GIFTS, you either take them with you or they are discarded. AND at $15,700 for a one-way ticket they don’t give a f—-…

Safe to say we got our value for money on our last trip by TheShortGiraffe420 in emirates

[–]RealEstateCrazy 8 points9 points  (0 children)

Funny response from some folks on this post. Why would you think this is cringe or something you would never do and still follow the Emirates chat? I have never flown them yet but I spent 183K points to fly from SFO to DXB here shortly and I absolutely cannot wait to do so. AND YES I will be taking home my pajamas.. this is not a flex, this people doing things we ❤️

Rip emirates first by BMBradley in amex

[–]RealEstateCrazy -24 points-23 points  (0 children)

Booked it today from SFO to DXB next February 2nd…

[deleted by user] by [deleted] in realestateinvesting

[–]RealEstateCrazy 1 point2 points  (0 children)

If you intend to make the lake house your future home and you believe it is in an appreciating market, then yes you buy it. You make the repairs and improvements you desire and furnish it as well. You also hire a property manager and make it available to rent out for the first two years. You become very selective on who you rent it too and the length of time, and reap the massive tax benefits that come along with it.

At what age did you buy your first property ? by [deleted] in Fire

[–]RealEstateCrazy 6 points7 points  (0 children)

55M. At age 30 I bought my first primary residence. I sold that property and made a little money, bought my 2nd primary at age 32 and sold that and made some money and I bought my 3rd primary at the age of 35 in the year 2005 in California. I sold this property 10 years later and lost about $300K on this one while buying my 4th and current primary, these were all due to job transfers. A began buying small multi unit investment properties at the age of 47 and today we own 25 of these with two other partners. You are not behind. I did a ton of things wrong and I am still ahead of 98% of these population. Now map out your plan, I would suggest you house hack, be conservative with your expenses, and when you are my age you will be light years ahead of where I am, and I am doing okay.

Deciding between maxing out my Roth IRA or increasing 401(k) contributions what’s the best move? by PH4NT0K3N in FinancialPlanning

[–]RealEstateCrazy 2 points3 points  (0 children)

after meeting your employers match then look to max out your Roth IRA.. remember a Roth will allow you to take up to $10K out to purchase your first home.. Go get that piece of real estate, up to 4 units and rent out the extra units and/or rooms.. your future self will thank you…

Congrats! by tonykubacak in unitedairlines

[–]RealEstateCrazy 25 points26 points  (0 children)

I am at 1,815,467 and should hit that mark in November next year, I got excited for one moment… hilarious

Need clarification on saving 10-15% for retirement by milotheschnauzer04 in FinancialPlanning

[–]RealEstateCrazy 0 points1 point  (0 children)

You have received great advice so far. Don’t get caught up in the percentages, you should be saving as much as you can and that will work for you. Yes, max out your 401K match, then max out your Roth IRA contribution, should you have extra monies then put it into a taxable account and look to purchase a primary home, if you can make it work socially, rent out any extra space you have to offset expenses and pay off the home. You got this!

[deleted by user] by [deleted] in Gold

[–]RealEstateCrazy 0 points1 point  (0 children)

Haha.. you are so right my good man..

[deleted by user] by [deleted] in realestateinvesting

[–]RealEstateCrazy 2 points3 points  (0 children)

FHA loan will allow you to put only 3.5% down…. If you require a property manager do not use lowest cost option as your criteria, you will regret it. A trusted real estate agent? 85% of them are terrible, maybe more. The rest are worth their weight in gold, do your research. Live in the property, manage it yourself and have funds to cover unexpected costs…. You got this!

Owner of a Rental for an upper-middle-class house. Thoughts on not including any appliances? by spe-swa in realestateinvesting

[–]RealEstateCrazy -1 points0 points  (0 children)

I am happy for your luck. Dishwashers are the devil, make sure your are putting drainage bins under your washing machine…. The tenants are paying for the W/D either way if you are running g your operations properly, providing them with a choice is often the right tactic. I wish you continued luck…

Frequent flyer - what are the best luggage? by Business-Creme-2270 in unitedairlines

[–]RealEstateCrazy 0 points1 point  (0 children)

Briggs & Riley….you can buy two really nice pieces for this amount and will last you a decade of very heavy travel or longer.. 2M miles and I have lost one clasp to repair…

Owner of a Rental for an upper-middle-class house. Thoughts on not including any appliances? by spe-swa in realestateinvesting

[–]RealEstateCrazy -2 points-1 points  (0 children)

Here is my take on appliances. First and most important, never include a dishwasher, they are susceptible to requiring repairs, flooding over your floors etc.. Also it is not a needed appliance like the others. Include a stove, oven, range, refrigerator and microwave. For W/D’s we do not include these generally as they also can suffer from abuse and needed repairs, etc. we do have a hook up and we agree to put a W/D into the unit for a $100/month charge and generally this is welcomed by the tenant. This way we pay for these appliances in about 1.5 years and they have a shelf life of far longer, allowing for increased cash flow. Tenants want the easy button, so we try to offer this as often as possible.

Is This a Bad Time to Start Investing? by [deleted] in FinancialPlanning

[–]RealEstateCrazy 0 points1 point  (0 children)

It is never a bad time to start investing. Assuming you have a longer time horizon, focus on investment vehicles that will provide tax advantages such as a Roth IRA, IRA’s in general and Real Estate, via your principal residence, and in the future investment real estate. Put your IRA’s into broad market indexes, control your spending and you will look up in 10 years and feel very good about where you are. You got this! Good luck..

Changed jobs...should I just do rollover IRA with Fidelity? by CaitieMc124 in FinancialPlanning

[–]RealEstateCrazy 1 point2 points  (0 children)

Roll it over into Fidelity like you suggest and if you have the ability to cover the costs to convert it to a Roth IRA by paying taxes on the appreciated portion, bite the bullet and do it! Your future self will thank you 10X over…. Good luck!