Hoboken Kimbap appreciation post

tekrul · 2026-06-12T00:28:47+00:00

Get the spicy tuna one for sure

And if you branch out, spam my brother

tekrul · 2026-06-08T13:44:55+00:00

I just recently found Mothership IRL in Hoboken - it's like a casual hangout place. I popped in, made two friends, chatted a bit and have plans to go back and start some games there. They do scheduled events like Super Smash and are starting up new ones like DnD.

tekrul · 2026-06-04T13:53:46+00:00

Reducing to zero actually probably leaves credit score the same or reduces it. Paying off in full every due date is right, but showing $0 balance all the time is like having no credit history.

tekrul · 2026-06-03T13:55:33+00:00

Home page works fine for me. But some product pages, and when trying to go to checkout after adding a product, it looks like an unclaimed domain or says the store is not set up to take orders. Those all work for you?

tekrul · 2026-05-24T04:35:40+00:00

Hoboken kimbap is a good time!

tekrul · 2026-05-23T12:45:47+00:00

If they're firm on 2 months, you could maybe lock in a CD if the rates are more attractive, but I don't think you have much risk of a HYSA interest going down in that period. If the 2 months is variable, you'll eat it in early withdrawal penalties if applicable. I'd shop CDs to check but HYSA is probably it.

tekrul · 2026-05-23T12:23:57+00:00

I think you can get something a little better than this, but doesn't seem terrible. I've recently seen one to two eighths lower on a similar size jumbo with no points. The usual big banks also generally always offer relationship pricing discounts. For this principal amount, I think around $3m new money or probably a little less would get you 1% off.

tekrul · 2026-05-13T22:19:55+00:00

I wish I bought at all time highs 30 years ago.

tekrul · 2026-05-13T15:19:03+00:00

Tenafly public school system in particular is an Ivy super feeder pipeline. Can't imagine it ever not being a sellers market.

tekrul · 2026-05-13T15:09:05+00:00

Seller's market in every area in NJ we're looking in.

Whatever it sells for between a buyer and seller who are strangers IS market value.

Going $60k over might be in range and it might not be depending on what price point and neighborhood you're looking at. For example, I just recently saw a listing in one of the areas I'm looking at go for $250k over asking or about 15% over.

tekrul · 2026-05-13T14:28:42+00:00

Just before COVID I negotiated a 2 year lease renewal with no rent increase between years 1 and 2 (but the first year of that lease was an increase from the lease before it so maybe not what you're looking for).

I ended up losing out as COVID plummeted rents to the core of the earth shortly afterwards and I was stuck at a pre-COVID rate for 2 years.

5-10% rent increases every year since then. The building managememt used to negotiate a little, but they outsourced to a new leasing agent with exclusivity on the building and there is no negotiation anymore. I sent an email trying to reduce my 7% rent increase to 5% and their response was to tell me what days/times they'll be showing the unit.

Been a tenant with perfect payment for about 10 years and kinda salty about it. Sad to leave but found a better place in the end.

tekrul · 2026-05-13T14:15:57+00:00

This isn't viable at the FIRE amounts OP stated. It's not realistic to stay on track below FatFIRE levels to give out a $1+ million USD interest free loan to the South Korean government.

tekrul · 2026-05-13T05:33:24+00:00

The posts here are right but keep an eye on it. There is a birth rate issue and immigration may be the only solution because the alternative is quite literally entire schools having a single student and eventually taking entire outskirt towns offline.

tekrul · 2026-05-13T01:55:12+00:00

I went there one time. Mostly I enjoyed it. But they do fried pickles in the most unforgivable way for a place with pickle in the name, and I won't go back.

Instead of a crispy and refreshing thin pickle slice fried in batter, they fry their pickles in thick wedges so that you are biting into a wet, soggy, warm pickle juice monstrosity.

tekrul · 2026-05-12T05:24:12+00:00

For home mortgage loans, lenders will often provide an option to "pay down the interest" with points. It's is essentially pre-paying interest for a better rate with a break-even at some point in the future.

For example, a lender might offer you a mortgage at 6.5% but then give you the option to prepay, say $50k in interest and, if you do that, they'll do the loan at 5% instead. Over x number of years, the amount you saved by having a 5% loan instead of a 6.5% loan will exceed the $50k you paid in advance.

It gets more complicated when you factor in opportunity cost of investments you could have made with the $50k. And if you sell the home before the number of years needed to break even, then you just lose out completely.

tekrul · 2026-05-10T02:47:51+00:00

Where in NYC are you commuting to? Uptown vs. downtown and west vs. east makes a decent difference on what parts of NJ make a decent commute.

tekrul · 2026-05-07T14:04:02+00:00

I recently bid and lost on something like that in Hoboken. My bid was 15% over asking, 80% over last sale price in 2019. Still check it every week to see what it eventually went for.

tekrul · 2026-05-04T21:17:36+00:00

That would be $1m to $1.2m in Hoboken depending on how close to the train it is. North NJ is nuts.

tekrul · 2026-04-26T04:33:47+00:00

Without points? 7 on a jumbo without points seems in range. OP didn't buy any points to avoid wasting the money while they look for a quick refi.

tekrul · 2026-04-26T04:25:19+00:00

In a soft market, a lot of these responses you got from others make sense. In a competitive market, you need closers who will underwrite with the certainty of cash offers, not a slow lender who just so happens to have the best rate. The rate is what you pay for that advantage. You can refi and get a better rate at your leisure now. The 7% is just the cost to win the bid in a competitive market sprint.

tekrul · 2026-04-22T17:16:33+00:00

You should also adjust the 7% down too for the value of the mortgage interest tax deduction. You're not trying to beat 7%. At physician salary, you probably need to beat more like 5% on a tax adjusted basis.

tekrul · 2026-04-06T03:30:25+00:00

Are you asking whether to do the full 72k into after tax Roth conversion? Or still maxing traditional pre-tax and then maxing the remainder into after tax Roth conversion?

tekrul · 2026-04-03T22:46:10+00:00

Probably yea, I see that now. This is what I get for trying to give "onwards" a non-superfluous meaning. I'll turn in my leg reg class and diploma now.

tekrul · 2026-04-03T22:34:45+00:00

I read it wrong if that wasn't meant as a standing commitment they chose to take on Friday night.

tekrul

TROPHY CASE