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Showing content with the highest reputation on 05/17/2022 in Posts

  1. 6 points
    I didn't say I was charging the maximum rent, I'm a bit of a softy. You know we are friends and you know how frugal I am. But I also am quick to help others. My wife and I had a long term plan and did without to make it happen. Nobody gave me squat. The point is, anybody can do most of what I've done. But like the majority of investments, time and educating one's self is critical to success. I've checked out the Air BnB's, and VBO's and noticed that the higher gross income gets chopped back by all of the additional fees and increased investment, management and insurance requirements. Plus, more laws are being passed to regulate them. I may still do one or two to test the final difference, but I'm sticking with my main focus that has brought me great success. I don't care what the value of the house is, I care what the net recurring revenue stream is. I'm no rocket scientist, I did get a higher than normal education although I didn't finish my degree, and I did not withdraw from my classes the last semester I attended ASU, so technically I am a college flunkout! Yes, currently, houses that I bought at $49,000 - $130,000 are worth $350,000 to $450,000. But that will drop to about half, maybe a little lower, in the next crash at the bottom. I'm old enough to have understood and experience it twice, almost three times. 1968, 1988, 2006-2008. There is a pattern. History typically repeats itself. A lot of what happened prior to 1988, except the very high interest rate is occurring now. A few years after the crash most people don't have the cash or credit to buy the bigger ticket items. Poor planning by the masses is not my fault. I'm a terrible consumer and a much better investor. Nearly every deal I ever made was available to the masses. But only a few of us put ourselves in position to close the deal. Like hunting. Not everyone can get the trophy but everyone pretty much has an equal chance. Where each person chooses to put their time to guarantee their own success is their free agency. Please don't condem me for being diligent and frugal anymore than I should condemn someone else for their trophy game. Chance always plays a part in everything but it's mostly the choices and efforts we apply that normally make the difference. For me, I have more control and safety in rentals. They have been a lot of work but I have more than most people. I don't see myself ever not working but I do see greater chances of financial security now and in the near future since I've been doing this so long (steady since 1993). In my opinion, net worth is a farce, to a great degree. If you buy a house for $50,000 and sell it 40 years later for $350, 000, you'll pay tax pretty much on the full $350,000 for long-term capital gains, plus be out the cost of selling it. You'll only wind up with about half of the $350,000 ($175,000) and you'll have to manage and protect that from the money handlers as it drops in value against inflation. So one's net worth is really about half of the gross value less any indebtedness. If I had 10 houses worth $400,000 each and no loans, then I'd really be worth about $2 million, not $4 million. If you look at $2 million in the bank at 2% interest per year, that would only yield $40,000 per year. It would take $6 million to gain $120,000 per year at 2%. At 6% interest, $2 million would gain $120,000. But, keep the revenue stream, say net $1,000 per month per house after all expenses, and have 10 houses, well $120,000 a year doesn't sound too bad in today's dollars. Have 20, obviously double the effort, and hmmmm, keep them all rented, and I like the idea of $240,000 per year that moves with inflation. Then I can take care of my medical needs and still enjoy life and really help my kids. Even just 1 or 2 houses makes a difference. Invest where you feel comfortable but please don't condem me for my honest choices. To me, my choice is much less a gamble and I'm definitely earning my money.
  2. 4 points
    G&F will probably tranquilize them to death
  3. 4 points
    Not sure what repopulate means but I’d guess we’ll never have a breeding population in the states. Home range is very south of us, we just get some stragglers.
  4. 2 points
    1. Brux. I have found Brux are usually fast. But Barnes did use a Bartlein, so this is a variable. 2. 26". Test barrel per Barnes is a 24". That is anywhere from 50-60fps+ alone. 3. Fed 215. Mag primers are hotter. Barnes used Fed 210 LR primers. This could be 10-20fps more with the mags. 4. Brass. Barnes used Rem brass. You are using Lapua. Without knowing the actual case capacity, I bet the Lapua have less than Rem, meaning you are creating more pressure. 5. Powder lot. You could easily have a hotter lot. You have too many differences in components and rifle build to compare and think you would get the same results.
  5. 2 points
    Seems like a fair price
  6. 2 points
    Got a new one, watch out for Kendrick lenarr
  7. 1 point
    Hi all, I am selling things to get an addition built on the house. This is a 97 TJ, 4.0 6 cyl, 5 speed manual, Small lift, hard top + bikini top. 165k miles. AC/heat works well, no check engine lights, abs comes and goes. No radio but it has a nice roll cage, and body armed plates. Tires are just a bit over a year old and in great shape. I got them right before the 2020 deer hunt and they haven’t had many miles. Currently it doesn’t have a front bumper, I will toss one on if i can find one before it sells. Note the bottom of the hard top in the back has slight damage. The previous owner said he bought this top from a body shop. The jeep it was on was rear ended and that was part of the damage. asking 9k on CL but tell me your from here and let’s work something out. Brian 623-693-3205
  8. 1 point
    Took 50 years to find one of these, probably never find another here in the desert. Tell me what it's called. Up for grabs is an imaginary chicken dinner.
  9. 1 point
    It does not. It’s an internal frame.
  10. 1 point
  11. 1 point
    Why are you using Magnum Primers?
  12. 1 point
  13. 1 point
    Bradley is a good guy buy with confidence!
  14. 1 point
    How many rounds does the barrel have through it? It has a 26 inch barrel and I will guess Barnes used a 24 inch barrel. The Brux barrel has cut rifling so it will speed up after it breaks in, so you may gain 65 to 100 fps over whats in the book plus 20 to 40 fps per/inch of barrel.
  15. 1 point
  16. 1 point
    Ah, the American dream. You are pissed because of someone elses success in life? You sound like a socialist. Last I checked this was a capitalism counrty. Anyone in this country has the same start in life and can make that life what they want. We all have choices to make and those choices have consequences and or rewards. Grow up, dont blame people who work their butts off to be successful for your families problems. Work harder, save money and make similar investments. I wish i had a few air bnbs to rent out. But i made other choices in life financially, worked my butt off to become debt free and can retire at 38 if I want. I have a high school diploma only, no college and no one helped me get to where im at. Stop crying, grow up and make better life choices. Also stop voting Democrat, you sound just like one.
  17. 1 point
    Maybe your son needs to get a better job? No shame in that.
  18. 1 point
    Never got around to posting this but managed to get this guy last pred season. First one so making it a rug for the wall. 100 yard shot dropped it.
  19. 1 point
    KP setup, now that and short shorts will be a a picture for the ages!
  20. 1 point
    Is been done. In the 70’s if you drew an elk or antelope tag , you had to wait THREE years to re apply. Didn’t help much and it was scrapped. Mule Deer wasn’t on the program then, but it’s more critical than elk in my book these days. Im surprised antelope hasn’t been added to the one in a lifetime bracket like bighorn and bison. Bison tags seem easier to draw . We really need an end to the drought conditions, and about five years of healthy fawn recruitment to get back to what we once had.
  21. 1 point
    Did a 1 3/4 day a few weeks ago with my daughters. Slayed the bluefin 40-100 lbs. Limited out for both days the first night. Get out there guys, it is a great year!
  22. 1 point
    Two birthdays this past week, one was mine. We had a great time combined with Mother’s Day. I smoked a NY strip roast and tenderloin. My sister and mom made side dishes……. Artichoke spinach dip, poppers, tater salad, and fresh salsa. My aunt brought a salad, my new best gal friend brought cheese dip, pies and a rum cake! Needless to say it was a fantastic time and the happiest I’ve been in a while! I hope you all had a great Mother’s Day weekend!!!!
  23. 1 point
    ger this year!
  24. 1 point
    All I can do is relate my 40 years of experience. I never lost a house, suffered some setbacks, didn't manage them always like I should have, but I am putting my kids through college and helping one with free rent (she puts the rent amount into her savings account each month) to get ready to buy a house in the next crash. She just graduated as a Civil Engineer and immediate was hired. No student loans, no car payments, no rent. That's what rentals did for me, and her.
  25. 1 point
    Just an FYI: A house purchased in 1993 for $45k that originally sold for $50k in 1981 is now worth nearly $250k - $300k. If it was a rental and managed correctly, somebody else would have paid for the property, maintenance, and taxes, while you got a reduction in your income taxes and received some income. It's physically there, you can sell it any time. The banks recognize it as a real asset and you can get real $$$ if you decide to sell it or receive monthly income. There is work though. And you need to know the rules and manage it. Rents have gone up from $650.00 per month in 1993 to $1,800 per month in 2021. 10 houses paid off would net approximately $1,300 per month each in 2021. That would be $13,000 a month or $156k per year, plus you would still have the gross value of the houses that would be roughly $4 million. Not instant, but it happens. But I repeat, there is work and you have to know the rules! Next "big adjustment" will probably be 2026 or 2028 ish. Buy two to three years after the "crash" for lowest prices. House in 2011 that sold for $67k is now worth $390k if all spruced up. House in 2011 that sold for $80k is now worth $450k. "Crashes" in 1968, 1988, 2008. Economy has "peaked" every 18 years since the late 1800's with few exceptions. History tends to repeat itself. Big boys at the top controlling it all to make money on both sides? You don't have to believe or trust me. Check the data. I would not buy a house now for an investment because the numbers don't work, but I am looking towards 2029 - 2030 ish, if I'm healthy and my kids are pretty much out of college. BTW, I'm over 60 and have lived through two adjustments. Everything is looking like it is a repeat and on track with the past overall. Enjoy the ride! I am not a Realtor and am not pushing or selling anything. I get nothing out of what you choose to do with this information. I have been aware or involved with rentals since 1983 to some degree. Use this information at your own discretion.
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