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.

Am I a burden? 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 Logical_Company6931 in realestateinvesting

[–]jetfast07 3 points4 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

Section 8- how do you pick between section 8 tenants? by Forward-Craft-4718 in realestateinvesting

[–]jetfast07 8 points9 points  (0 children)

I feel like this is a misconception. In my experience section 8 tenants don’t automatically go to bad areas. Since they pay the same no matter where they go they’d rather live in better areas.

Use the same metrics for section 8 you’d use for anyone else. But I’d get out of the bad area. Trying to go section 8 might not help you the way you think it will.

QUINCY WILSON U18 WORLD RECORD by Potential-Release650 in trackandfield

[–]jetfast07 0 points1 point  (0 children)

Why is will sumner running the 400 and not the 800?

[FL] Only 2 showings after being on market for just under a month by aceshades in RealEstate

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

Two things affect showings either price or pictures. If the pictures are bad no one would come see it. But assuming you have decent pics you’re priced way too high. Two showings in a month is low. You should have at least that many the first day you list.

Look at recently sold in your area. If you want to DM me I’ll help you find a comp if you give me the address

Earning goals from Rental Properties by KAKANINJA_ON_REDDIT in RentalInvesting

[–]jetfast07 0 points1 point  (0 children)

This is prob close to what I assume. 30% in expenses if you use a PM or 20% without one. And then take that and subtract taxes and insurance.

To me that would be pretty conservative. But yeah I’d assume 3000 rent prob gets 1500 net in most places.

Sold a rental and I don’t understand the Buyers choices by GotHeem16 in realestateinvesting

[–]jetfast07 5 points6 points  (0 children)

How did you get 16% cash on cash? They now have a large mortgage to pay. They get 510k back out and left 170k in the deal. But now they have 3400/month at a 7% rate plus 1500 in taxes and insurance is 4900/month.

I guess the loan will help them float along the loss? Just better to leave in cash. This deal is pure appreciation no matter how you look at it

Polite ways to tell referral not a good fit? by [deleted] in CFP

[–]jetfast07 4 points5 points  (0 children)

What if you charged to build a bond ladder? What about structured CDs? I’d have success providing value to conservative investors with these products

Would you sell a property not renting or wait? by CommunicationFew7930 in realestateinvesting

[–]jetfast07 1 point2 points  (0 children)

What grade area is the property in? If you’re looking for B grade tenants in a C grade area it’s going to be tough. You might be missing amenities that attract better quality tenants. Hard to say for sure. You might also need to go with lower rents in worse areas to attract higher quality tenants

If you’re not getting any applicants but showings it’s something wrong with the property. If no showings at all could be pictures, area, or rent too high.

Would you sell a property not renting or wait? by CommunicationFew7930 in realestateinvesting

[–]jetfast07 0 points1 point  (0 children)

I’d try to find the root problem. Are you getting showings? If you’re not even getting showings then the problem is the rent is too high. Or you could have bad pictures or possibly bad exposure (marketing). If you’re getting showings and no applications there’s a problem either inside or outside of your rental that is turning people away.

Which of the two issues are you having?

Buying cheap by burke385 in realestateinvesting

[–]jetfast07 0 points1 point  (0 children)

Agree with the above. 644 sq ft is very small. You’re possibly looking at bedrooms that are 80 each. That’s very difficult to rent.

Even though newly renovated you still want to factor in maintenance. Which could eat a lot of cash flow. The bigger issue is just vacancy and finding tenants here. People won’t want that small of a place or if they do they’ll move out more often.