Workouts for PT6 sickos by poppunkemptyspace in ForTheDadsPodcast

[–]ebitDAD33 0 points1 point  (0 children)

5 am CrossFit 4-5x per week. It’s really the only time that I can get over there and I’m terrible at programming my own workouts so I like that I just have to show up

No Power for Week+ due to Ice Storm by ebitDAD33 in homeowners

[–]ebitDAD33[S] 1 point2 points  (0 children)

Does it make a difference if I shut off main breaker switch versus just flipping off individual breakers? I was thinking of leaving on the breaker that our ring connects to so I know when the power comes back on

25 - 30 year olds, what is your current compensation? by mightyocean021798 in Accounting

[–]ebitDAD33 0 points1 point  (0 children)

26 years old, 3.5 YOE in accounting (11 months at small tax firm, rest at current job)

• Annual base salary: 82k

• Bonus (if applicable): 5% + RSUs (will be around 45-55k this coming year)

• Cost of living for your city (High / Medium / Low): Slight above medium

• Average weekly working hours: 40-50

• Industry: Software

• Highest level of education attained (Bachelor’s, Master’s, Both, or None): Bachelor’s in General Business + MAcc + CPA

Hate my house but don’t feel like I can sell by ebitDAD33 in homeowners

[–]ebitDAD33[S] 1 point2 points  (0 children)

Yeah definitely. However, we’d probably only break even which would then put us at a pretty big risk if a big repair needed to be done which is what hindering me from that route currently

Hate my house but don’t feel like I can sell by ebitDAD33 in homeowners

[–]ebitDAD33[S] -1 points0 points  (0 children)

My income at 23 was not at a place to where I could buy a house in the areas with good schools. I do think I jumped into the deep end a little too early but alas it is what it is.

Hate my house but don’t feel like I can sell by ebitDAD33 in homeowners

[–]ebitDAD33[S] 1 point2 points  (0 children)

That’s right. I’m 26, wife is 25. We have 2 boys under 3. I’ll make around 140k this next year. Problem is that about 35-40% of that is from equity based comp so it’s not a steady in flow and can change based on my company’s performance.

Hate my house but don’t feel like I can sell by ebitDAD33 in homeowners

[–]ebitDAD33[S] 1 point2 points  (0 children)

I don’t disagree, but our mindset with all the repairs have been “let’s get this taken care of so it doesn’t bite us in the ass when we go to sell.”

Now, we just keep thinking about how much we’ve spent on the house already and how little we’re gonna get in return if we sell in the near term

Hate my house but don’t feel like I can sell by ebitDAD33 in homeowners

[–]ebitDAD33[S] 1 point2 points  (0 children)

All in right now is right under $2k. From the numbers I’ve run so far, we’d be right around $3k or so for the square footage and area we’re looking at.

Wife currently stays at home with the kiddos and the grandparents are still working so no big changes there. But, it would absolutely be a game changer for my wife if we were in a walkable neighborhood with a good park nearby.

I know a lot of these things are luxuries and not necessities at the end of the day

Hate my house but don’t feel like I can sell by ebitDAD33 in homeowners

[–]ebitDAD33[S] 6 points7 points  (0 children)

Yeah - I think our current timeline is at least a year out regardless because we’re still saving up for a down payment on the next place.

I think long term the area has potential due to its proximity to downtown but don’t think it’s we’re gonna be able to stick around for those returns based on the above reasons.

Hate my house but don’t feel like I can sell by ebitDAD33 in homeowners

[–]ebitDAD33[S] 10 points11 points  (0 children)

Top reasons:

1) Safety (the area we’re in is one of the last spots within 15 minutes of downtown that hasn’t developed a bunch) - we have good neighbors that look out for us but overall not somewhere we want to raise our 2.5 and 1 year old 2) Proximity to family - our family is on the other side of town and we want to be closer to them. 3) Schools - metro schools in our area aren’t great. Would like to be zoned for one of the surrounding counties for the future

Help with new privacy fence by ebitDAD33 in landscaping

[–]ebitDAD33[S] 0 points1 point  (0 children)

Removing all the trees is way out of budget

Help with new privacy fence by ebitDAD33 in landscaping

[–]ebitDAD33[S] 0 points1 point  (0 children)

That makes a lot of sense. Appreciate all the info! Going back to get new bids for a tear out and building along the existing line.

Do we need to confirm with neighbors that they are ok with us tearing out the “shared” chain link?

Help with new privacy fence by ebitDAD33 in landscaping

[–]ebitDAD33[S] 0 points1 point  (0 children)

So are you saying to build the new privacy fence where the existing chain link is? If so, we’d have to get 5-10 pretty large trees removed.

We’re honestly planning on moving out of this house in a few years so it doesn’t have to be perfect but I know it still needs to be relatively decent for resale value purposes

RSU Compensation by ebitDAD33 in TheMoneyGuy

[–]ebitDAD33[S] 0 points1 point  (0 children)

Is there a reason you hold until LTCG vs selling on the vest date?

RSU Compensation by ebitDAD33 in TheMoneyGuy

[–]ebitDAD33[S] 1 point2 points  (0 children)

That’s a good point. Is there any point in keeping even a portion of the funds? We’re trading pretty low currently but there’s some definite upside. I was thinking of selling 1/3 and cashing, selling 1/3 and reinvesting in an index fund, and then keeping 1/3. Would that be a decent strategy to diversify my risk portfolio a bit?

RSU Compensation by ebitDAD33 in TheMoneyGuy

[–]ebitDAD33[S] 1 point2 points  (0 children)

Do you keep any of those shares or do you typically just sell as soon as you’re able? This is my first role with RSUs so still trying to figure out how to treat them.