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Mohican
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re: What to do w/ $500,000 - Mohican on 2/7/24 at 7:35 am [quote]Then why even post? It’s a message board for exactly this kind of question. And…there are numerous FAs that frequent. MTB is full of tremendous resources and it’s been proven for years on basically any financial topic.[/quote]
Might be a dumb question, but I’ll be in a similar position a... Posted on Money Talk Jump to Post - View Topic - Replies (2) |
re: To sell or not to sell commercial property? - Mohican on 1/28/24 at 1:33 pm [quote]Im4datigers[/quote]
Good stuff. Thanks. ... Posted on Money Talk Jump to Post - View Topic - Replies (1) |
re: To sell or not to sell commercial property? - Mohican on 1/28/24 at 11:35 am [quote]Btw, letting the mortgage run out with less than a month to go with no plan is very VERY bad planning.[/quote]
Well, I've got a hot offer on the table that I could take right now so the situation isn't dire. My biggest problem in keeping it is that my current tenant isn't willing to sig... Posted on Money Talk Jump to Post - View Topic - Replies (0) |
re: To sell or not to sell commercial property? - Mohican on 1/27/24 at 10:23 pm [quote]That's good money. It's not a life changing amount though. I think you'd regret it based on everything you said. [/quote]
Thanks for the feedback.
... Posted on Money Talk Jump to Post - View Topic - Replies (0) |
re: To sell or not to sell commercial property? - Mohican on 1/27/24 at 9:51 pm [quote]Im4datigers[/quote]
Awesome stuff. Thank you.
I think some of my gut-feeling trouble is I don’t feel like I’ve maximized my leverage. If I’m getting list price before listing it, what would happen if we did?
Also I’m troubled by the fact that we haven’t even tested the lessee mark... Posted on Money Talk Jump to Post - View Topic - Replies (1) |
re: To sell or not to sell commercial property? - Mohican on 1/27/24 at 8:56 pm [quote]Agreed and sounds like you want to sell it anyway..will relieve some stress[/quote]
Does it really? That’s interesting.
My gut tells me I will have some serious sellers remorse. But you are correct there would be less stress. Crazy as it sounds I kind of enjoy the stress.
But if... Posted on Money Talk Jump to Post - View Topic - Replies (1) |
re: To sell or not to sell commercial property? - Mohican on 1/27/24 at 8:05 pm 40 y/o, married 2 kids.
All our eggs are currently in this basket, yes.
I run a construction subcontracting company that does about $1-1.5M per year. Pay myself about $70-75k plus bonuses when I can. Wife makes 40k.
If I sold I would want to immediately put the money in some kind of inve... Posted on Money Talk Jump to Post - View Topic - Replies (1) |
re: To sell or not to sell commercial property? - Mohican on 1/27/24 at 7:05 pm I don’t have much. I’m self employed and have very little in the way of retirement. $600k is a lot of money for me. A LOT.
My long term goals are like most here. I’ve always been interested in building wealth through real estate and I absolutely see an opportunity to hold on to this property fo... Posted on Money Talk Jump to Post - View Topic - Replies (1) |
re: To sell or not to sell commercial property? - Mohican on 1/27/24 at 6:00 pm lol not youngsville but think typical suburb of a Southeastern metro area where everyone is getting out to avoid the riff raff. ... Posted on Money Talk Jump to Post - View Topic - Replies (1) |
re: To sell or not to sell commercial property? - Mohican on 1/27/24 at 5:42 pm [quote]How much post tax net money are we talking? Like retirement level money?[/quote]
600+
... Posted on Money Talk Jump to Post - View Topic - Replies (1) |
To sell or not to sell commercial property? - Mohican on 1/27/24 at 5:36 pm Location in a typical suburb in the South that has experienced exponential growth. We currently have an offer on the table that is double what we have in it, and we have about 8 years paying it down.
Yet… literally every day there is an announcement about some major development coming. We are sm... Posted on Money Talk Jump to Post - View Topic - Replies (6) |
re: Playoff Dak!!! - Mohican on 1/14/24 at 4:51 pm Tough to watch. ... Posted on More Sports Jump to Post - View Topic - Replies (0) |
re: Anyone boycotting the Chiefs-Dolphins Peacock game? - Mohican on 1/13/24 at 7:47 pm [quote]This boycott will go as well as the multiple other boycotts by the poli board types. And I love how easily people will justify stealing if it falls in line with their beliefs.[/quote]
The NFL boycott a few years ago and the Bud Light ones were actually pretty effective to be fair.
... Posted on More Sports Jump to Post - View Topic - Replies (2) |
re: Michigan wanted this game more. - Mohican on 1/8/24 at 10:57 pm If you can’t run the ball against that Michigan defense you have no shot. They’re gonna sit back in zone and keep everything in front. Then come up and lay the wood.
Just a fantastic college defense. ... Posted on More Sports Jump to Post - View Topic - Replies (0) |
re: Michigan’s biggest strength this year may be what sets them back next year - Mohican on 1/8/24 at 10:48 pm Not just that but they played in 3 playoffs. This was their year. ... Posted on SEC Rant Jump to Post - View Topic - Replies (1) |
re: Washington 13 @ Michigan 34 Final - ESPN - Mohican on 1/8/24 at 10:10 pm Well when you have to win one regular season game a year to get in you’re bound to win one eventually.
... Posted on SEC Rant Jump to Post - View Topic - Replies (0) |
re: This Michigan defense is superb - Mohican on 1/8/24 at 9:58 pm They have the best combination of talent and discipline I’ve maybe ever seen in college.
Maybe not loaded with 1st rounders, but as a unit they are as good as I’ve ever seen. ... Posted on SEC Rant Jump to Post - View Topic - Replies (0) |
re: Penix doesn't look so remarkable to me - Mohican on 1/8/24 at 9:55 pm Michigans defense is as good as it gets in college. ... Posted on SEC Rant Jump to Post - View Topic - Replies (0) |
re: Washington 13 @ Michigan 34 Final - ESPN - Mohican on 1/8/24 at 9:54 pm [quote]Sure UW has had some tough breaks but give Michigan credit. This game is playing out exactly as they would prefer and their d line has set the tone for their defensive success[/quote]
They have one of the best college defense I’ve ever seen. Maybe not talent wise, but discipline and foo... Posted on SEC Rant Jump to Post - View Topic - Replies (1) |
re: Washington 13 @ Michigan 34 Final - ESPN - Mohican on 1/8/24 at 9:44 pm Michigan right tackle with a fist full of jersey on the big play. ... Posted on SEC Rant Jump to Post - View Topic - Replies (1) |
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