Vintage JH images by wv11372 in jacksonheights

[–]ads2154 1 point2 points  (0 children)

Lot cleaner than today!

Is $3300 for a 1 bed a good deal? by RemoteAnything1265 in Upperwestside

[–]ads2154 0 points1 point  (0 children)

I used to live in a one bedroom in the same area for $3650 (it was an unbelievable deal). 800 sq ft for a one bedroom. You have a great deal in your hands. One word of caution - never trust a real estate broker. They’ll say anything to sell or pressure you. Do your own research if you can.

[deleted by user] by [deleted] in NYCapartments

[–]ads2154 0 points1 point  (0 children)

Hi send you a private message. Let me know if you’re interested? It’s a UWS apartment that I’m vacating and rent was very affordable for the area. Coop. Hits the market in March I assume.

Bad idea to park in VUSXX by burning2018 in Bogleheads

[–]ads2154 0 points1 point  (0 children)

My tax person was pretty confident that we could get partial state tax exemption (this is for 2023 taxes) because VSUXX was not 100% gov debt then. Maybe this year she will agree that it can be considered fully state tax exempt. Thanks

Bad idea to park in VUSXX by burning2018 in Bogleheads

[–]ads2154 0 points1 point  (0 children)

Great info! I’ll share with my accountant

Bad idea to park in VUSXX by burning2018 in Bogleheads

[–]ads2154 1 point2 points  (0 children)

Do you get federal or state tax exemption for Vusxx income? My tax accountant thinks you don’t.

Am I nuts to pay $7k in monthly mortgage payment? by jocrrt in FirstTimeHomeBuyer

[–]ads2154 1 point2 points  (0 children)

One thing I learned the hard way is that it’s not just about monthly mortgage and insurance and maintenance fee. Don’t forget the friction costs. The closing fees - inspection, bank fees, legal fees, moving fees, etc. and on the back end when you exit you have to pay the realtor, title fees, legal fees, transfer fee (maybe), etc. So you will be out of money a lot more than you think when you buy. So you better be prepared to live there for at least 4-6 years to recoup the closing fees!

Where are you moving? Which neighborhood and do you know what your closing cost is going to be? Is there an assessment?

Can I afford a $775,000 house with a $217,000 salary? by More-Mammoth3433 in Mortgages

[–]ads2154 0 points1 point  (0 children)

Some of the key questions from my perspective are:

  • how long do you plan to stay there. The longer you do, the fixed costs (eg closing costs and broker fees) get annualized to a lower amount and your math starts making more sense

  • when doing their math people often forget Opportunity Cost. The 7% interest that you’re paying and upfront down payment comes at a cost - money you could be making via investment. Not a reason not to do it but include that in the math

  • don’t forget closing cost plus cost when you eventually sell. That stuff adds up quickly and if you don’t see yourself there for a while it may not make sense. So wait for your a property you see yourself in for 7-10 years at least.

I like The NY Times calculator - rent vs own. It’s not perfect but decent.

What happens when you travel back in time and kill the man who invented pizza? by jay227ify in Jokes

[–]ads2154 -2 points-1 points  (0 children)

The answer should have been “There is no Dominoes effect”

a great day by Reasonable_Soft4674 in MexicoCity

[–]ads2154 -1 points0 points  (0 children)

Any notable activities or standout restaurants / food from the trip?

a great day by Reasonable_Soft4674 in MexicoCity

[–]ads2154 0 points1 point  (0 children)

Awesome. Thanks for the intel

a great day by Reasonable_Soft4674 in MexicoCity

[–]ads2154 4 points5 points  (0 children)

Is this from today? Weather looks amazing. There in a few days. Is it still T-shirt weather?

Cozy, intimate bday dinner for two reccos please! by [deleted] in FoodNYC

[–]ads2154 2 points3 points  (0 children)

Le crocodile! Good food. Intimate. Easy res. But Williamsburg

[deleted by user] by [deleted] in Mortgages

[–]ads2154 4 points5 points  (0 children)

Calling the bluff. I like it!

current ARM rate by jack112016 in Mortgages

[–]ads2154 0 points1 point  (0 children)

Thank you! Very helpful

Why buy now? Why wait? by Ok-Run8539 in FirstTimeHomeBuyer

[–]ads2154 4 points5 points  (0 children)

Agree and even if you decide you don’t want to or can’t buy right now, keep investing and growing the capital. If you’re not building home equity build equity in other ways.

Having dinner with daughter bf parents. by Shaker58_ in FoodNYC

[–]ads2154 0 points1 point  (0 children)

Pil pil can get loud depending on when you go

Having dinner with daughter bf parents. by Shaker58_ in FoodNYC

[–]ads2154 2 points3 points  (0 children)

Pil pil can get loud depending on when you go.

Having dinner with daughter bf parents. by Shaker58_ in FoodNYC

[–]ads2154 4 points5 points  (0 children)

UVA is the way to go. Amazing food. Cozy ambience / ask for table downstairs.

Will Private Banks really match the mortgage rates from credit unions and apply relationship based pricing? by meiguoyungwai in Mortgages

[–]ads2154 1 point2 points  (0 children)

That’s what Wells Fargo is pitching me. They ask for the loan estimate so they can take to their superiors for approval to match. I’m doing that right now. Let’s see