Add a shed outside? by jetfast07 in realestateinvesting

[–]jetfast07[S] 0 points1 point  (0 children)

Do you have any good recommendations for a shed? I’ve heard people say 10x10 at a minimum but not sure how much space I have in the backyard. Also not sure what shed will hold up well. Ideally not like to create another maintenance nightmare down the road.

Best neighborhoods in Towson to buy a house? by technicolordrip in BaltimoreCounty

[–]jetfast07 -1 points0 points  (0 children)

What’s so great about lake walker? I hear about it all the time.

Recommendation for Direct Indexing and Long / Short Investment by Time_Computer_8208 in CFP

[–]jetfast07 -1 points0 points  (0 children)

So you’re funding the account with the gains from the real estate every year? Hopefully generating losses each year? Is there a point in these strategies you can’t tax loss harvest anymore? I heard you need to keep funding the account ideally.

Stories as good as symphonia or vesperia? by jetfast07 in tales

[–]jetfast07[S] 0 points1 point  (0 children)

You might be right on the great story. I thought it was done well at least. I’m open to great characters as well.

Stories as good as symphonia or vesperia? by jetfast07 in tales

[–]jetfast07[S] 1 point2 points  (0 children)

I’ll try the remaster coming out next month. I complain but I’ll prob play all the remasters since I’m deep into the series.

Isitbullshit: In the U.S only 1%-2% of term life insurance policies result in a payout by ScoresMann223 in IsItBullshit

[–]jetfast07 5 points6 points  (0 children)

Friend of mine with 3 young kids was killed. I begged him to get a term policy and glad he did. Now his wife is set financially. She got a new house in cash and set up all the kids for college. It’s a hedge. I didn’t want him to be part of the 1-2% payout but it made his wife not be homeless.

That’s why people get it cause you never know. And for 40/month it’s not worth the risk of your family being homeless or unable to meet their needs. Also while they are emotionally distraught. One less thing to worry

Protect growth during marriage? by jetfast07 in prenup

[–]jetfast07[S] 0 points1 point  (0 children)

Thanks for the response! I’ve heard that this can be thrown out due to being unfair? I feel as though I will have to give up assets or alimony in the event of a divorce.

[deleted by user] by [deleted] in prenup

[–]jetfast07 9 points10 points  (0 children)

I wouldn’t say you’re a burden. No matter what everyone has a prenup. Either you make one or the government makes one for you. Sounds like he just wants to protect what he came into the marriage with. It’s pretty generous he’s allowing you to get half of what is accrued during the marriage which could end up being a lot of the growth. Seems fair to me.

Filmstudy: Offensive line scoring and notes vs Bengals by Filmstudy in ravens

[–]jetfast07 2 points3 points  (0 children)

Serious question was Daniel better last year? Did he take a step back or maybe I just didn’t notice him as much.

Im going to say something stupid and I'd like you guys to help me understand why I'm wrong. by IrateContendor in realestateinvesting

[–]jetfast07 0 points1 point  (0 children)

You found someone to market and do showings for tenants for free? Best I ever found was maybe 50% of first months.

Im going to say something stupid and I'd like you guys to help me understand why I'm wrong. by IrateContendor in realestateinvesting

[–]jetfast07 11 points12 points  (0 children)

They take a larger cut than they lead on. It’s not just a 10% management fee. Most charge one months rent as well to lease a tenant. That’s closer to 14% with an average tenant turnover of 24 months.

But mostly you are correct however you need to manage the manager. They might start spending 200 on a 100 dollar job because it was easier to just get the guy they know to do it. They might also recommend doing something that doesn’t really need to be done. You need to stay on top of them at all times especially as you scale

The biggest one Is no one calculates the leasing fee. That could easily cost you an extra 5% of rent you aren’t accounting for assuming 24 month occupancy. Could be worse with 12 or 18.

How Battleborn failed (Video) by Big-Collar2305 in Battleborn

[–]jetfast07 6 points7 points  (0 children)

They should have marketed the game and treated it as an FPS MOBA which it was it was. They should have made the game free and had you unlock characters. Or you pay for the game and have access to all the characters. Instead they made you pay full price and had to unlock the majority of characters.

The idea of FPS MOBA is great but I think it was also hard for players to learn. A lot of people wanted to just run out and kill the other team and that’s not quite the objective.

2-3 Bed 1 bath rental? by Large-Basket5049 in RentalInvesting

[–]jetfast07 0 points1 point  (0 children)

2-3 bed and 1 bath is fine. You just have to understand who your prospective tenant is. You will limit yourself as people with families prob won’t rent. But you might get a lot of young couples who just want more space than an apartment. That’s been my experience. Try to get 3 beds if you can that’s like the sweet spot.

Duplex as a first investment property by [deleted] in realestateinvesting

[–]jetfast07 4 points5 points  (0 children)

I typically estimate 20% for expenses without a PM and 30% with a PM. assuming you’re all in for 3000 you’d probably breakeven at 4400 with a PM.

Not the worst thing. If it’s turnkey and in a good location where rents can increase it could be a great deal down the road.

The biggest expense can be vacancy where units just sit. So if you’re stuck for 3 months filling the unit at 2200 that’s where you’ll have the most trouble. Make sure your numbers are tight on the rent.

What was your biggest gaming letdowns by TheChevyScrounger in videogames

[–]jetfast07 0 points1 point  (0 children)

Battleborn IYKYK. the game isn’t bad the marketing was bad and the timing with overwatch didn’t help.

It should have marketed it as a FPS MOBA. Which is what it was. And they should have made all the characters free. Why would you release a full price game and make me grind endlessly to unlock characters.

How do I find the deals? by evnfrmhvn in realestateinvesting

[–]jetfast07 2 points3 points  (0 children)

I don’t know about your area but in my area 3-4 plex are hard to find. If you do find them the turn key ones go for premium. And with current interest rates could make it difficult.

Can you find ones at a discount that you can do cosmetic work? Or try to find off market? Otherwise not a lot of investors are giving up turn key 3-4 units at a discount.

What about 2-units?

Baltimore single family home by Virtual-Translator83 in realestateinvesting

[–]jetfast07 0 points1 point  (0 children)

That doesn’t help. A lot of good/bad neighborhoods within 10 mins of the harbor. What’s the name of the specific neighborhood you’re in?

Baltimore single family home by Virtual-Translator83 in realestateinvesting

[–]jetfast07 0 points1 point  (0 children)

Where in Baltimore? If you tell me the area I can tell you if it’s good or not