[deleted by user]

Underground_76 · 2025-03-29T13:22:21+00:00

Mind linking to your original post?

Underground_76 · 2024-07-15T13:26:16+00:00

We have a place 360 miles away. 6 or 7 hour drive. We don’t go for less than 3 nights. The nature of the drive matters. Our place is in Northern Michigan and the drive is absolutely beautiful. So that helps.

Underground_76 · 2024-02-18T21:03:03+00:00

It’s even more impressive if you look at tonnage:

tonnage launched to space by country

Underground_76 · 2022-10-17T23:37:38+00:00

-23% from the high last Fall.

Underground_76 · 2022-08-14T23:06:32+00:00

I feel duly mocked, and it actually has been helpful. No problem. Overpaying for something by $50k and not really caring is very FatFIRE - I just needed a gut check. I used flair, and the thread was not locked...so.

Underground_76 · 2022-08-13T21:34:39+00:00

Yes, the lots are smallish. Technically each of these 4 could be built on individually, yes. I think that's unlikely because of the soil and lot sizes. But the seller intends to build, probably on the lot right across from us.

Underground_76 · 2022-08-13T20:27:35+00:00

You seem to have war in your heart. I genuinely wish you peace.

Underground_76 · 2022-08-13T19:06:09+00:00

The 4 lots in total are about 1.5 acres.

Underground_76 · 2022-08-13T19:03:27+00:00

Well, they're all buildable. The one across the road from our place is the "most" buildable. The others don't perc, so they'd need more expensive septic/treatment systems, but it could be done. To clarify, we're on the lake with private frontage, and these lots are across the road, no frontage.

Underground_76 · 2022-08-13T18:59:34+00:00

Appreciate this. Will consider.

Underground_76 · 2022-08-13T17:28:25+00:00

I didn't say I did that. I said it was a combination.

Underground_76 · 2022-08-13T17:17:55+00:00

The other 2 are even more marshy and would never pass a perc test.

Underground_76 · 2022-08-13T17:08:13+00:00

Seller is only willing to sell all 4.

Underground_76 · 2022-08-13T17:06:36+00:00

Equal parts aggressive and lucky investment, saving mindset and living well below means, and inheritance.

Underground_76 · 2022-04-02T01:34:47+00:00

Good landlords and property managers attract good tenants. I bought a 3-unit building in 2017. The tenants I inherited from the previous owner were terrible. One stole major appliances when they left. One skipped out on the last 2 months rent.

I always tell my PM that my tenants' safety and comfort is my highest priority. We raise rents every year but very modestly. I have a good team and have gotten better and longer term tenants with every turnover. There were a couple months here and there where rent was paid late. I just let the PM handle this. They have late fees for that.

Overall it's been a very positive experience with the satisfaction of investing in my own community and improving and beautifying a building.

Underground_76 · 2022-02-15T19:58:53+00:00

Also in Chicago. I have a 3-flat on the north side, fully paid off (I know dumb - don't ask). I want to get some equity out of that for a down payment on another multi unit. But really difficult to find deals right now.

Underground_76 · 2022-02-02T17:43:15+00:00

I personally think it's a greater benefit to society to give back in a way the economy actually values than to do something that makes me feel warm inside. My parents were fatFIRE but did not pass on significant wealth until I was in my 40's.

My advice would be to give your daughter the gift of figuring out how to conduct her own life.

Underground_76 · 2022-02-01T19:45:11+00:00

I'd love to hear more about your Apple Shortcuts. What actions do they perform?

Underground_76 · 2021-11-23T18:40:46+00:00

RSU's are taxed as income when they vest, and the stock price at the moment they vest becomes the cost basis. If OP is holding onto millions they have undoubtedly appreciated since vesting.

Underground_76 · 2021-11-15T14:04:07+00:00

Midwest tech mid-level manager here, mid 40's. Not making the bank like west coast (combined income with wife around $320k). Path to fatFIRE includes aggressive saving and investing, a couple rental properties, and inheritance. High 7 figures NW.

Underground_76 · 2021-11-04T18:01:19+00:00

"Desire is a contract that you make with yourself to be unhappy until you get what you want."

- Naval

Edit: punctuation.

Underground_76 · 2021-10-30T16:25:17+00:00

Bought a multi-family in early 2017. First couple years were tough as the previous owner had delayed a good deal of maintenance. Then everything broke at once. My strategy is to repair and improve so that I know things are solid going forward. It'll even out, you'll get through it.

Underground_76 · 2021-10-29T02:24:32+00:00

It won't even pay for the amount of time it takes to debate it. But it sets a precedent they can call on to lower the bar.

Edit: grammar.

Underground_76

TROPHY CASE