| O-T Lounge|| re: Repair help needed: Dryer won't heat - Htown Tiger on 3/2/14 at 3:49 pm|
Would the timer affect the heat while the rest works? ...
| O-T Lounge|| Repair help needed: Dryer won't heat - Htown Tiger on 3/2/14 at 3:33 pm|
So I've done as much research as I think I can, and still no luck.
Breakers have been checked
Voltage from wall reads 220v
Tested continuity in the heating element, thermal fuse, and thermostats (all 3 of them) and all passed
Vents are clear of a any debris and air flows perfectly fine out th...
| O-T Lounge|| re: Best private elementary schools in Mandeville/Covington? - Htown Tiger on 2/20/14 at 9:48 pm|
[quote]Guaranteed they went to SPS and SSA, which are just garbage from what I've heard these days[/quote]
| Money Talk|| re: Insurance Liability Question - Homeowner vs HOA - Htown Tiger on 2/4/14 at 8:37 am|
It was originally built in 1988 I believe, and then underwent a "developer conversion" back in 2005 I believe....
| Money Talk|| Insurance Liability Question - Homeowner vs HOA - Htown Tiger on 2/4/14 at 8:09 am|
So I own a condo unit on the ground floor of a 3 story building and then tenant has mentioned that there is evidence of mold in the walls of one of the bathrooms. I sent a mold specialist out there and they have removed some of the ceiling/wall and can determine that there is a leak from some pipes...
| Money Talk|| re: Dow 30 display board - Htown Tiger on 2/3/14 at 3:38 pm|
I know you asked about the Dow, but this one is pretty cool for the S&P 500. [link=(http://finviz.com/map.ashx?t=sec)]LINK[/link]...
| Money Talk|| re: Can someone explain to me what a HELOC is? - Htown Tiger on 2/3/14 at 1:16 pm|
[quote]When you set it up the lender will send out an appraiser to assess the value of your home and make sure title is clear. This will cost you probably in the neighborhood of $500-$1000.[/quote]
I'm in the process of applying for a HELOC and I was told all fees are paid for by the bank I'm going...
| Money Talk|| re: Attempting to buy rental- seller wants cash offers only - Htown Tiger on 1/31/14 at 1:34 pm|
[quote]investment property loans are not as easy as everyone may think. you can not get a HELOC on an investment property[/quote]
I was thinking of getting a HELOC against my current/main home and using that to pay "cash" for the property....
| Money Talk|| re: Attempting to buy rental- seller wants cash offers only - Htown Tiger on 1/30/14 at 8:35 pm|
[quote]If you do this please be smart and protect yourself with title insurance[/quote]
Yes definitely. Is it unreasonable to ask the seller to pay for it?...
| Money Talk|| re: Attempting to buy rental- seller wants cash offers only - Htown Tiger on 1/30/14 at 8:34 pm|
[quote]I hope you are getting a hell of a deal. Yes, you can go back to the bank after the property is on solid financial ground. [/quote]
It does have potential. It's a 3%'er. But I was really hoping to finance some of this to keep options open for other properties. ...
| Money Talk|| Attempting to buy rental- seller wants cash offers only - Htown Tiger on 1/30/14 at 7:14 pm|
And good advice in this situation? Is it because he thinks it won't appraise well since it does need some work before being able to be rented? Or is he afraid the bank just won't finance it?
If I end up paying cash, can I fix it up and then go to the bank and get a loan at that point? ...
| Money Talk|| re: Homeowner insurance question regarding dwelling protection vs replacement cost - Htown Tiger on 1/29/14 at 12:59 pm|
Thanks. This helps. May as well lower the premium. :cheers:...
| Money Talk|| Homeowner insurance question regarding dwelling protection vs replacement cost - Htown Tiger on 1/29/14 at 11:21 am|
So I switched HO insurances this year and when signing up, I just used the same coverages as my previous policy. So for instance, lets say my dwelling protection was $300k.
I then received a letter saying that an estimator has established a "replacement cost" of a lesser amount, say $260k. The in...
| Money Talk|| re: LLC question for rental property purchase - Htown Tiger on 1/28/14 at 3:11 pm|
[quote]Can you explain this bama? I'm assuming 2% of the purchase price received for rent every month??[/quote]
| Money Talk|| re: LLC question for rental property purchase - Htown Tiger on 1/27/14 at 8:53 am|
Thanks all, for the responses. I have heard about the umbrella policy as well, so I may go that route (I believe they are fairly inexpensive). Maybe if I expand beyond this rental and acquire more I may consider an LLC and moving them under it....
| Money Talk|| re: LLC question for rental property purchase - Htown Tiger on 1/25/14 at 4:53 pm|
Thanks Bama. I've enjoyed reading your real estate posts. This purchase won't meet the 2% criteria that I know you like, but it's about 1.5%, which isn't too bad for Houston. I'm getting pretty close to pulling the trigger. ...
| Money Talk|| LLC question for rental property purchase - Htown Tiger on 1/25/14 at 4:18 pm|
I'm looking into buying some rental property and if so I'd like to set up an LLC for it. I'm not sure how long it takes to setup an LLC but do I need it fully set up prior to putting in an offer for the house? Or as long as I have it by closing time and sign everything under the LLC, that would suff...
| Money Talk|| re: How much do you save 80k salary - Htown Tiger on 1/22/14 at 8:37 am|
So I have a random question - what do people consider when they say "savings"?
Is it retirement (401k, Roth)?
Is it emergency fund?
Is it additional money you put aside for your next vehicle so you can pay in cash (while you run your current one into the ground)?
Is it the $100/mo you put asi...
| Money Talk|| re: LSUCIA program - Htown Tiger on 1/21/14 at 3:52 pm|
[quote]Or you should be able to get offers to multiple places and then continue the evaluation once you have those offers in hand.[/quote]
This is actually how it used to be when I went through the program. And even though I personally preferred it that way, I can see why they changed it. Make no m...
| Money Talk|| re: LSUCIA program - Htown Tiger on 1/20/14 at 8:38 pm|
As long as you are willing to travel to wherever that company is located, you should sign up. Any internship is invaluable in terms of experience. Also it depends on whether you want to go Big 4 or industry. Make that decision first. But otherwise, don't be too picky. If you get an opportunity, i...
| Food and Drink Board|| re: What ya cooking for GameDay? - Htown Tiger on 1/11/14 at 8:41 am|
Pulled pork nachos to start with BBQ shrimp to follow. And picked up some Abita Mardi Gras bock to compliment. ...
| Money Talk|| re: Tax Deductions - Htown Tiger on 1/6/14 at 1:15 pm|
[quote]Have a few "life events" this year that may complicate things a little more than I'm used to[/quote]
Like how to account for the priceless artwork and rare gold coins in your possession? :lol:
P.S. File jointly...
| More Sports Board|| re: Is your survivor league still going? - Htown Tiger on 1/5/14 at 7:47 pm|
The one I was in had 8 people left going into this weekend. 7 picked Cincy and 1 guy picked the Saints. He wins almost $10k. ...
| Money Talk|| Roth Contribution Limits - Htown Tiger on 1/2/14 at 9:21 am|
I know ROTH questions get asked a lot around here, but had a couple questions related to the limits:
- I'm trying to understand the whole MAGI calculation when it comes to knowing whether you can still contribute to a Roth IRA. Does this number correlate to a specific line item on your 1040 tax fo...
| Money Talk|| re: (1/31/14 Updated standings are on page 6.) Predict the 12/31/2014 market prices. - Htown Tiger on 1/2/14 at 9:14 am|
DowJones 30 Average: 17,154.14
S&P 500 Index: 1,914.14
Japan Nikkei Index: 16,814.14
Apple Computer (AAPL): $577.14
10 YR Bond Yield: 3.414%
30 YR Bond Yield: 4.314%
Oil/barrel (WTI crude): $88.14
| O-T Lounge|| re: Texas peeps. that Magical Time of year... - Htown Tiger on 12/18/13 at 8:15 am|
[quote]I think it's around $8500.[/quote]
Ditto. I don't escrow, so I pay it myself. ...
| More Sports Board|| re: OFFICIAL CFB Bet Thread Week 14 - Htown Tiger on 11/29/13 at 9:58 am|
Anyone with any thoughts on Oregon - 23 vs Oregon St? I have to pick this one in pickem and am torn. I like Oregon at home but that team just hasn't been the same the last few weeks, even before Stanford when they played UCLA close for 3 qtrs. Throw in what we saw last week against Arizona, and ...
| More Sports Board|| re: OFFICIAL CFB Bet Thread Week 14 - Htown Tiger on 11/29/13 at 9:29 am|
Probably more of a play against Akron to be honest. I think I've done better this year playing against teams vs playing on teams. Akron barely beat crappy U Mass last week, won by a TD over Miami Ohio - arguably 2 of the worst teams in FBS. Toledo can still score and just expect them to be able to ...
| More Sports Board|| re: OFFICIAL CFB Bet Thread Week 14 - Htown Tiger on 11/29/13 at 8:56 am|
I'm on the ECU over as well. Also like Toledo and Bowling Green today.
I think the Under on Iowa/Nebraska looks tasty too, but may tease it up a bit. ...
| More Sports Board|| re: OFFICIAL CFB Bet Thread Week 14 - Htown Tiger on 11/27/13 at 5:46 pm|
Vegasreeper for those interested
407-ARKST+ 6 1...