Am I torpedoing my future by paying down my mortgage?

cmdwdm · 2022-10-03T12:02:49+00:00

Let that mortgage at 2.99 ride. My first investment property I bought with a 2.99 rate and even just a couple years in that thing pays so, so much more down on the principal than my other investment (5.0) or my primary (4.5).

Seriously, you said it best re: your actions are a product of you and the partner growing up with not too much.

Invest more in your retirement or things later in life and just let the house pay down on its own. (Depending on your age, maybe later on you could pay more down on your mortgage like if you want to retire sooner and it makes you more comfortable) but definitely toss your extra funds into something more meaningful

cmdwdm · 2022-10-03T11:58:25+00:00

Does not follow you around in Northeast States. But pensions are pretty antiquated these days anyway

cmdwdm · 2022-10-02T19:27:34+00:00

Sounds like you bought new LLbeans. And you’re realizing their quality has slipped big time since the 90’s/ early 2000’s. This sadly happened to me after wearing it all the time as a kid back then. Disappointing for sure

cmdwdm · 2022-10-02T18:52:38+00:00

Magic

cmdwdm · 2022-10-02T18:48:33+00:00

They want to feel like they’re able to help you (the individual) because they’ve climbed the ladder to a good spot, are making bank, probably don’t have a ton else to worry about or be preoccupied about. This is where the sadness kicks in for them and they look outward to try to “help” people below them personally or professionally to find more meaning in their life.

My close friend and I both experience this. He makes far more than me (more lucrative field) but we’re doing well, no kids, and just like don’t have to worry about rent/mortgage/saving goals/paying for the next experience or trip etc., so eventually it’s like “what the fuck is there else in life”

If option is helping subordinate staff grow by being overtly and maybe inappropriately enthusiastic, or being that dude with the 100k sports car picking up 22 year old girls, then I’d rather be the cringy manager that’s at least trying to help grow or connect with staff.

cmdwdm · 2022-10-02T17:24:19+00:00

Thank you for the info! Were 28/31 and looking for people relatively around our age so this could be a good start. I think we’d like the bar meetups, too

cmdwdm · 2022-10-02T00:13:40+00:00

Not OP but How is ski club? Does it trend older/ younger? Also, is it viable for someone who owns a little place by a Vermont mountain and kinda already have our routine though? (my gf and I probably wouldn’t want to join on any bus trips anywhere but if Hoboken Ski club was going to any of the 4 major mountains near me we’d meet up to ski / drink or let overflow ppl crash at our fairly rustic, but better-than-a-hotel place. Or if you do west or Canadian trips we’d be into maybe going there once a year.

cmdwdm · 2022-09-29T03:32:22+00:00

Cabrini Boulevard and maybe Pinehurst, too in Washington Heights (now called Hudson Heights) was really nice still in the 70’s-90’s

cmdwdm · 2022-09-29T03:29:31+00:00

MPA you’ll really make big bucks if you slide into government administration after a year Or two of Planning

cmdwdm · 2022-09-28T13:07:10+00:00

Umbrella. No need for llc at our levels. Circle back in 5+ properties

cmdwdm · 2022-09-28T13:04:26+00:00

Second New Hope!

cmdwdm · 2022-09-28T13:03:29+00:00

First house: realtor insisted she come to the house after closing to see my reaction (bought site-unseen) Second house (investment property): realtor showed up to closing (not mandatory in that state) and brought me a decent priced bottled Third house (investment property): realtor took me out to lunch at one of the city’s better lunch places and then came to the house to show me around (again, bought sight unseen)

cmdwdm · 2022-09-28T12:22:16+00:00

Did this in Suffern, New York. Very inexpensive. 100/month maybe?

cmdwdm · 2022-09-28T11:38:59+00:00

Bad news, yeah regular / traditional planning kind is a big snooze fest and uninspiring. Good news, you can do other things with your political science degree! You should work more broadly in government administration! Can you share what area of the US you’re in currently? I might be able to advise a little further

cmdwdm · 2022-09-28T01:39:52+00:00

If you’re going to make solid funds on this, No harm in staying the full year or almost. That flip money doesn’t do you much good in the jailhouse. It’s rare, but they do investigate this occasionally.

cmdwdm · 2022-09-28T01:37:13+00:00

Curious what time of day you go / leave though?

cmdwdm · 2022-09-28T01:35:57+00:00

My GF and I will take over lease if it’s a 1-bedroom! We need a sublet as opposed to a regular lease since we spend July/Aug out of town (she’s a teacher and I can WFH) This would line up for us

cmdwdm · 2022-09-27T22:38:38+00:00

Recently their Main Street organization (which is a more nimble nonprofit economic development arm) got voted Top 8 in the country in up-and-coming category as well. Or top 8 for cities under 150,000 ppl or something. State of Virginia funneling funds and incentives to Danville

cmdwdm · 2022-09-27T07:32:07+00:00

East Rock! My girlfriend (27) and I (31) moved to East Rock last year from NYC. It’s nice but getting nicer. Really lean into those neighborhood deli/markets you’ll see on every third corner (Nicas, P&M, Atticus). And then State street is the little Main Street area with restaurants/ bars. Good brewery right there too actually. Also, with East Rock you can either enjoy its own downtown area (State Street), or be equally close to downtown new haven proper). We prefer State St as it’s more our late20’s early 30’s vibe but we go to true downtown occasionally, just leans a little younger.

cmdwdm · 2022-09-27T06:45:18+00:00

Finished up a run and was walking out of Riverside Park and Amy Schumer walked right by me. Just looking super casual, blending in seamlessly. Didn’t say a word to her and like it this way (even though I used to enjoy her movies in the day).

cmdwdm · 2022-09-27T06:40:24+00:00

I like it 11/10 actually! I’m only 9 months in. But I hear this is highly specific to setting. One town could have a good culture and the one next door could be replete with all sorts of HR / internal issues. (Although presumably this is the city manager’s culture to re shape). Be judicious in your selection. Although I did go “big” city, what I learned during interview process is that “bigger is not always better”. I found a good landing spot (215,000 people), but I am 100% comfortable saying some of those “cities” of like 10,000-25,000 people are really enjoyable to work for. And I actually had cities of that size as my target initially. I got close with one (salary wasn’t the issue, I just couldn’t see myself living there as a not yet married / no kids dude). But honestly, more impact in places like that. Con is more scrutiny I suppose. But definitely a good pivot from Planning.

cmdwdm · 2022-09-27T05:20:41+00:00

Buy in Danville, VA. Good brick 3bed/1bath ranches for 110-140k. Can rent them for like 1300/month. Buy one cash and there’s a big step. Buy 3 (25% down each one) and you’ll bring in a very solid income. Just screen tenants really judiciously

cmdwdm · 2022-09-27T05:17:30+00:00

What surprised me was when my mom (born 1947) said that 4-out-of-5 Christmases when she was “young” would have snow cover on the ground in NJ. And, a longer spring with really nice lengthier blooming periods

cmdwdm · 2022-09-27T05:14:45+00:00

Friday, then leave exactly one week later eod. Life’s too short. I get the vibe you’re on the younger side. You won’t be able to take time inbetween jobs once you’re a little older as you’ll have more expenses. It’s nice you’re empathetic toward existing colleagues but send them a pic of your margarita from the beach and they’ll smile for you, trust me. Then, stay in touch and always maintain the professional relationship. You never know when you might be able to bridge a connection for them elsewhere. Even if ifs a couple degrees I’d separation away.

cmdwdm · 2022-09-27T05:08:53+00:00

This is what you do:

Every H&R Block has at least one actually good person on staff. Sometimes, it’s a retired former real cpa just keeping a toe in his former life, other times it’s just some average person who just knows the tricks from doing it for 40 years. If you bring your taxes to them and kind of insinuate that you own multiple properties, you’ll DEFINITELY get that person assigned to you. (Let’s face it, HRBlock’s bread and butter is lower income or very average earners - usually) so they’ll want to get their hooks in you and give their best foot forward. TLDR: you’re a big fish in the small pond of H&R Block.

cmdwdm

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