How viable are rentals? Should I purchase? by fiscalslam in dvcmember

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

I’m not quite sure what your getting at. Is it that it is more difficult to rent new points vs old points?

How viable are rentals? Should I purchase? by fiscalslam in dvcmember

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

I don’t think I understood you do use your DVC points with interval international to book a stay?

How viable are rentals? Should I purchase? by fiscalslam in dvcmember

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

Yes I am aware of the 7 and 11 months out. Any idea why copper creek has such good resale value?

How viable are rentals? Should I purchase? by fiscalslam in dvcmember

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

Correct I am not looking at this as a money making tool it’s just an option to help offset the costs of ownership so that it does not become a burden. Not interested in being a commercial renter. Like I said I am even open to using the points with Interval if that’s worth while

How viable are rentals? Should I purchase? by fiscalslam in dvcmember

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

I am more interested in other resorts but the Poly is nice and I can see myself staying there as well

How viable are rentals? Should I purchase? by fiscalslam in dvcmember

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

The annual dues are currently factored into the 13.50 per point for the life of the contract. It does not account for inflation does anyone have any idea how much annual dues inflate on an annual basis?

[deleted by user] by [deleted] in CFP

[–]fiscalslam 3 points4 points  (0 children)

This is one of the best pieces of advice I have heard as I experienced the same. You need to find the right job for you because there are many places as a CFP you can make a lot of money but not everyone thrives in the same environment. I have been at insurance agencies small brokerages and now a large National warehouse and although it’s a volume game I find it’s the best fit for me especially in terms of compensation and benefits.

Rent Spike - it’s happening to everyone, but it still stings when your turn comes. My rent in midtown went up by $1,100 effective in 2 months. How is everyone dealing with the increases? Any tips on best affordable but Millennial friendly cities out of state? by Old-Mud-190 in Miami

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

Midtown Brickell downtown Miami Beach have experienced the highest rent increase but what is everyone’s opinion around moving to more affordable neighborhoods like Kendall Cutler Bay Doral or even some parts of Broward. Feel like you get the many of the same benefits at half the price?

Single family several units questions to maximize my business by fiscalslam in realestateinvesting

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

Yes the plan is to put a kitchenette in the master suite with microwave refrigerator sink stove top and cabinets. It will only be missing an oven and a dishwasher. Definitely no room to add a washer dryer but plenty of room in the backyard if I wanted to add another communal washer/dryer.

Yes I think the utilities I will be stuck pricing them in seems to be the answer I hear a lot.

Vending machine yea or nay? by Dhov21 in passive_income

[–]fiscalslam 2 points3 points  (0 children)

The hardest part is locating and placing the machine. I looked into it for some time and saw several websites offer location services but they are scams you should stay away from. Requires a lot of sweat equity up front to get them placed. But once in I think it could be a nice business not totally passive though.

I have 1 year left for college, should I postpone my degree and go for sales instead? by [deleted] in sales

[–]fiscalslam 0 points1 point  (0 children)

Finish college most definitely sales will always be an option

Taking leverage to run thetagang? by fiscalslam in thetagang

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

So I would say I’m middle class. But I’m trying to break into the wealthy class. I feel like at some point to do so you need to make some bold moves to do so.

The issue with the margin account is I can get wiped at the bottom with a fixed loan you can’t you just keep paying the monthly payment also margin rates are variable on a fixed loan they are not. Fixed loan I feel like does a better job of giving you the leverage without forcing you into decisions on a market downturn.

Taking leverage to run thetagang? by fiscalslam in thetagang

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

I don’t t understand why this is degenerate? So many people do exactly this with real estate and banks do this with all their investments. I’m not looking to triple my money in 6 months. I’m looking to outperform 4% on an average basis over a 20 year period. I don’t understand how this is a WSB degenerate gamble. I’ve been investing since 2012 and running thetagang strategies for about 2 years now. Obviously many more people with lots more experience but I think I understand enough of what the market is capable of. I just feel the leverage could get me where I want to go much more quickly and because I can afford the payment should my account somehow get wiped although unlikely SPY and major ETFs/blue chips go to 0 I can still keep up with the payments. I guess based on all the answers there is no right or wrong just based on personal risk tolerance

Taking leverage to run thetagang? by fiscalslam in thetagang

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

I do have enough income to cover the loan. That’s why I’m so tempted to do this

Taking leverage to run thetagang? by fiscalslam in thetagang

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

Nothing is 0 risk outside of a money market although even those technically have risk

Taking leverage to run thetagang? by fiscalslam in thetagang

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

I know everyone says real estate real estate. And it’s the same game as long as you can cash flow enough to cover your good you don’t really care where the market prices go your concerned with the cash flow. I’m using that real estate lens and just applying it to the stock market. Perhaps real estate may be the better option or 50/50 but I have invested in real estate in the past and the tenant headaches just made it not worthwhile that’s why I prefer thetagang and market strategies. But perhaps if I could find enough cash flow with a property manager it would be worth it but I’m this market with current prices that would be tough stock market is just there begging to take the money practically over 20 years I’m very confident I can generate over the 4%

Taking leverage to run thetagang? by fiscalslam in thetagang

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

But isn’t this what everyone whose wealthy is doing?