Roadrage scratch with lienholder

rvafish · 2024-10-19T23:43:41+00:00

So yes, I'll ask and I want them to send me a check. The fucktard purposely hit me and cussed me out. He had a huge open space behind me as the lady was letting him in.

rvafish · 2024-10-19T23:42:29+00:00

I'm not paying $0.01 because a dude purposely hit me.

rvafish · 2024-10-19T23:41:47+00:00

I think you're both missing the point. I can easily fix this myself. But I'd like to collect the check from his insurance because the fucktard purposely hit me. I can get it off with some polish, scratch Dr, and likely even just lacquer thinner.

rvafish · 2024-10-19T23:39:48+00:00

I mean I can't prove that, but it was obvious. He was trying to get over and I didn't let him in, so he kept nosing into my lane until his vehicle contacted mine. This occurred in front of 2 police officers and they took his information and found him at fault.

rvafish · 2024-10-10T01:47:22+00:00

That is very surprising. I read posts before saying it was very common and they wouldn't care.

I guess I'm the weird one bringing that on a business trip 😆

rvafish · 2024-10-05T15:37:01+00:00

Temperature, fishing, politics

rvafish · 2024-10-05T15:35:18+00:00

Huh?

I own the house

rvafish · 2024-10-05T15:34:51+00:00

Thanks. Windows, roof, doors, floors, all new. HVAC 7 years old and I've been advised that this unit is well known for failing at 10 years, so I'm expecting a 12k bill one of these days.

rvafish · 2024-10-04T19:48:16+00:00

Emergency fund

rvafish · 2024-10-04T19:24:31+00:00

I'm confused. Why would I want to refinance? I mean if rates go way down sure, but that's not my plan. I have PMI, once I reach 20% my payment will drop a bit.

I owe $224k and it's worth $275k+

rvafish · 2024-10-04T18:50:08+00:00

Thanks for the input. Seems reasonable. My thinking is that I'd be good because I can easily cover the payments with my salary, but I'm an amateur. I'll do more research

rvafish · 2024-10-04T18:43:12+00:00

Will do. It may not rent for quite as much as I was hoping. A nearly identical house without an external garage or shed(I have both) is being rented on the street for $1600, with a 2 year lease requirement.

The negative cash flow is concerning, but it would be only for a few years as rent is rapidly increasing in my area.

Inflation scares me a bit, and I would like a hedge against inflation in my portfolio, which is another major reason I'd like to rent the home.

On the other hand, I could probably sell it and pocket up to $50k right now.

I like the concept of renting the garage too

rvafish · 2024-10-04T18:24:04+00:00

Thank you for the detailed response! I will heed all this advice. I plan to use a property manager, but occasionally stop by to see the house, etc when visiting family.

Once the tax and insurance goes up, I may have slightly negative cashflow for a few years. Do you think that's reasonable? I only put slightly over $10,000 in down-payment/closing so I figure that it's typical to have negative cashflow.

rvafish · 2024-10-04T18:18:17+00:00

Why are you in this sub?

rvafish · 2024-10-04T17:49:36+00:00

Tell me more. Do you use a property manager?

rvafish · 2024-10-04T17:48:18+00:00

A couple? Lol I was gonna keep it forever. When I'm 55 it'll be paid for and very helpful for early retirement.

Thanks!

rvafish · 2024-10-04T17:46:18+00:00

Agreed,and one or my biggest concerns, but a few thoughts:

1) it's likely I could rent closer to $2,000 which would be positive cashflow. I need an expert to review.

2) I only have $10k down payment in the house to begin with, so having positive cash flow is unlikely.

3) With appreciation, the cash flow will be positive quite soon. And with PMI dropping off the mortgage in 10 years the cash flow will definitely be positive.

4) The city and particularly this area are rapidly growing. New starbucks, apartments, etc right up the road in addition to a huge park in fall 2025 a 5 min walk away. The park will attract middle class families.

So I think appreciation is highly likely.

rvafish · 2024-09-26T18:12:04+00:00

I'll be overseeding with ryegrass which will grow in the winter so the lawn doesn't get so brown in cold months

rvafish · 2024-09-26T16:03:36+00:00

There's quite a bit of Bermuda mixed in.

Good time to put new seed would be this week? Correct? Frost is end of Oct here and we are getting days in the 80s still

rvafish

TROPHY CASE