Thanks Chips
Couldn't find that anywhere.
Trex
Search found 27 matches
- Sun Oct 05, 2003 11:41 am
- Forum: FIRE Board
- Topic: Question on ARM's
- Replies: 3
- Views: 4814
- Sun Oct 05, 2003 9:02 am
- Forum: FIRE Board
- Topic: Question on ARM's
- Replies: 3
- Views: 4814
Question on ARM's
Hello all, I know this may be a question for the lenders, but maybe someone can help me. Regarding ARM's (adjustable rate mortgages): I'm looking at refinancing the first mortgage. I have been looking at the numbers for the 15 and 30 year loans, with extra payments and all kinds of stuff. I'm trying...
- Sun Oct 05, 2003 6:35 am
- Forum: FIRE Board
- Topic: Is SWR a can of worms?
- Replies: 29
- Views: 19784
- Sun Oct 05, 2003 5:30 am
- Forum: FIRE Board
- Topic: 2nd change of subject/pace: Mortgages
- Replies: 14
- Views: 11161
Hello All, On the flip-side of BenSolar's comment- a mortgage free homeowner who fires in 10-15 years or so from now may have an advantage depending on rates. If this person decides to move or buy another home or whatever, they are essentially a cash buyer in a potentially (and probably) much higher...
- Fri Sep 12, 2003 12:59 am
- Forum: FIRE Board
- Topic: Book reviews/comments sought for Asset Allocation books
- Replies: 10
- Views: 8520
- Fri Sep 12, 2003 12:51 am
- Forum: FIRE Board
- Topic: Rent Versus Buy
- Replies: 11
- Views: 11067
The housing wage has increased 37 percent since 1999, when a person had to earn $11.08 an hour to afford the national fair-market rent. The federal minimum wage has remained at $5.15 an hour since 1997. The housing wage has risen every year since 1999. Shouldn't be too much of a shocker that some f...
- Fri Sep 12, 2003 12:39 am
- Forum: FIRE Board
- Topic: September 11th
- Replies: 3
- Views: 4969
- Wed Sep 10, 2003 7:52 am
- Forum: FIRE Board
- Topic: Taxing situations...real estate
- Replies: 5
- Views: 6024
- Wed Sep 10, 2003 3:17 am
- Forum: FIRE Board
- Topic: Your thoughts on the Stock Market's recent run-up lately.
- Replies: 9
- Views: 8443
- Tue Sep 09, 2003 3:59 am
- Forum: FIRE Board
- Topic: homeownership 101
- Replies: 1
- Views: 3466
- Mon Sep 08, 2003 6:35 am
- Forum: FIRE Board
- Topic: Taxing situations...real estate
- Replies: 5
- Views: 6024
- Mon Sep 08, 2003 3:46 am
- Forum: FIRE Board
- Topic: 'retirees' flood job mkt to make ends meet
- Replies: 13
- Views: 11652
- Mon Sep 08, 2003 2:09 am
- Forum: FIRE Board
- Topic: Taxing situations...real estate
- Replies: 5
- Views: 6024
Taxing situations...real estate
Hello all, Curious about/can't remember: Let's say you buy a property for a bargain. 100k sales price, needs 10k of work, can sell for 125. Is it OK to buy, make 10k of repairs, rent out for 1 year, deduct the cost of repairs, and sell the next year. This would clear out those repair monies and only...
- Fri Sep 05, 2003 3:59 am
- Forum: FIRE Board
- Topic: Asset Allocation: Small, Med & Lrg Cap. Value vs Growth
- Replies: 27
- Views: 20167
- Thu Sep 04, 2003 4:20 am
- Forum: FIRE Board
- Topic: Personal inflation vs. reported inflation
- Replies: 6
- Views: 7908
Hi MaiPenRai, Off topic a bit, but wanted to comment on student loans. You have probably already done this, but I didn't think about it until it was too late. My wife's students loans (paid off now) were at 18%. One could easily transfer that to a low fixed rate CC and save some money. Once again, y...
- Thu Sep 04, 2003 4:13 am
- Forum: Town Center
- Topic: Hocus on wanderer's post on the "research" board
- Replies: 20
- Views: 32353
- Wed Sep 03, 2003 9:39 am
- Forum: FIRE Board
- Topic: Rent Versus Buy
- Replies: 11
- Views: 11067
Hi MaiPenRai, Then there is the coworker of mine who drives the new BMW. He's about 27, probably makes in the upper 30s, and is always bitching about not having money. I think all his money goes into his car payments I almost fell into that trap. Not hard to do when you think you have the money. Rea...
- Wed Sep 03, 2003 3:26 am
- Forum: FIRE Board
- Topic: Rent Versus Buy
- Replies: 11
- Views: 11067
Chips: Someone may rationally choose modest housing over expensive housing as a way to live below his means. That's what we're doing and it pays in more ways that you described. I think most people (probably no one here) overlook the tax burden of an expensive house. Real example: My annual mortgage...
- Wed Sep 03, 2003 3:19 am
- Forum: FIRE Board
- Topic: working longer and working in retirement
- Replies: 2
- Views: 5009
- Fri Aug 01, 2003 4:29 am
- Forum: FIRE Board
- Topic: Crestmont's Perspective: Beware The Assumptions!
- Replies: 25
- Views: 21468
Hi Petey, Thanks for the words. I did read 4 pillars, not the other 2 though. Maybe I should read your words about the silver bullet again :) Seems that's what I'm doing here. I'm just one of those people who doesn't mind risk, as long as it's calculated. I will probably never be satisfied :wink: Trex