Personal Finance - Home Ownership

Not sure if that will work in my spot. There’s nothing there now but some silty soil. I did grow one lawn from scratch and it worked out ok.

Tried this too. My big ass dog pissing/pooping on it all the time makes it super hard to keep clean.

Won’t sod have just as much trouble taking root if the soil is problematic?

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I don’t think so? But admittedly not sure

“Reflecting recession fears”

Wat

My favorite thing about financial reporting is how their reasons for why things happened are usually entirely made up.

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It’s funny how like .01% of people are able to make a living from beating the market but there are hundreds of thousands of people that can explain every single price movement but only after it happens. They remind me of the sports betting touts who are like “I’m 77-23 over my last 100 games which is exactly why I’m willing to sell you these picks for 14.99 instead of making millions betting them myself”

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https://twitter.com/opinion/status/1544918446709870593

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Bloomberg Opinion indeed.

Brag: New House is close enough to Wrigley Field to hear the concerts from my back deck.

Beat: Last night’s concert was Def Leppard and Motley Crue.

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How tf is that a beat?

When I lived in Chicago I was just a couple of blocks from Soldier Field. Heard lots of concerts at close range, including a Bon Jovi one that was awesome.

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Got a closing date, august 4th. Final walkthrough 7/29. Excited to finally get this done.

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Bogleheads does landlording, hilarity ensues

https://www.bogleheads.org/forum/viewtopic.php?f=2&t=381729&newpost=6774815

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Hahahahahaha
I’m not sure which is funnier - a 2 bedroom apartment that’s only 600 square feet, the fact that they’re charging $1,725/month, the fact that they’re requiring the tenants exhibit “a clean style of living”, or the fact that they’re apparently not renting to the first qualified applicant.

Great stuff

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“ As a final screening requirement I also require an in-home visit to their current residence to get an idea of how the property will be cared for. If you have a good applicant this is never a problem. If they balk, it’s a blessing in disguise.”

Loganroy.gif

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Seems like a nice little apartment, but holy shit, I pay less than that for my monthly mortgage + insurance + property taxes on my 4 br, 2.5 ba house.

“Personal finance - home ownership” = “UP discovers how insanely high rent is”

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Hating myself for how poorly I’ve timed our build, though much was out of my control. About 90 days ago we got prequalified on a loan, but we didn’t get a lot or final plan lined up until like 20 days ago. Initially our interest rate was like 1% less than it is today and it seems this is mostly due to us missing our window on a ratified contract by like two weeks as finalizing things that much earlier would have meant we could use the initial rates we were quoted / locked in. Home is about $1 million so that equates to maybe $1k/mo in additional interest.

We’re going with a 10 year ARM instead of a 30 year conventional, mortgage guy seems to believe this is wise given the current state of things. Saves me a little less than a half point in APR. Would be interested to know what you finance bros thought.

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