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re: Hypothetical: you are offered 200k for a job...what is best city for family of 5?
Posted on 2/15/18 at 10:29 pm to Epic Cajun
Posted on 2/15/18 at 10:29 pm to Epic Cajun
400k doesn’t even get you a decent place in the Irish channel these days and you’re still a block from getting shanked
1
Posted on 2/15/18 at 10:30 pm to saderade
quote:
Other feeder schools are St Catherine, St Dominic, St Pius etc and they are all closer to 5500. And Christian Brothers is like 8500 last time I looked.
yeah you need to add another $2000 on top for “fees and other expenses”Posted on 2/15/18 at 10:31 pm to AbitaFan08
$25-30k for school
Sub $500k 3/4 bedroom housing can be found abundantly in LV, Gentilly, & Marlyville-Fontainebleau
Sub $500k 3/4 bedroom housing can be found abundantly in LV, Gentilly, & Marlyville-Fontainebleau
Posted on 2/15/18 at 10:31 pm to Mingo Was His NameO
quote:
Average price for Catholic School for this school year was $9,800. Sacred Hart is 18K per year, next closest was 12K. They were the only two over 10k/year
And what if you don’t want your child to receive a single-sex or a Catholic education?
Posted on 2/15/18 at 10:31 pm to Clint Torres
I was being generous, I was going to say 500k+ but I haven’t looked at Lakeview in a while and figured he may be able to find something there sub 500k.
Posted on 2/15/18 at 10:33 pm to Mingo Was His NameO
Ok, so for fun let’s play with the average of $30k for all 3 kids a year. You have $170k left for the year.
You have a mortgage, two cars (eventually 5), food, clothing, etc.
This is of course not even including payroll tax, property tax, savings, utilities, insurance, etc.
And the occasional vacation too. Not saying you have to go to Europe every summer but a half decent trip wouldn’t be unreasonable to factor into cost.
What would the reasonable monthly note on a home for 5 in a decent neighborhood in New Orleans be? $2,500? $3,000? More?
You have a mortgage, two cars (eventually 5), food, clothing, etc.
This is of course not even including payroll tax, property tax, savings, utilities, insurance, etc.
And the occasional vacation too. Not saying you have to go to Europe every summer but a half decent trip wouldn’t be unreasonable to factor into cost.
What would the reasonable monthly note on a home for 5 in a decent neighborhood in New Orleans be? $2,500? $3,000? More?
This post was edited on 2/15/18 at 10:38 pm
Posted on 2/15/18 at 10:34 pm to PiscesTiger
E) Lake Providence FTW
This post was edited on 2/15/18 at 10:35 pm
Posted on 2/15/18 at 10:34 pm to Louie T
quote:
Sub $500k 3/4 bedroom housing can be found abundantly in LV, Gentilly, & Marlyville-Fontainebleau
Let’s say you neglected to save for retirement for a few years and managed to squirrel away $100k to put down on one of these abundant 4 BR houses (Gentilly, lol) while raising 3 kids. What is the monthly housing cost—mortgage, insurance, and taxes on a $400k note?
Posted on 2/15/18 at 10:35 pm to Epic Cajun
Lakeview is the worst idea ever IMO.
All of the problems of Nola (taxes, no services, awful roads, no schools, expensive housing) and none of the benefits. You still have to drive for everything.
The suburbs make a ton more sense than Lakeview.
All of the problems of Nola (taxes, no services, awful roads, no schools, expensive housing) and none of the benefits. You still have to drive for everything.
The suburbs make a ton more sense than Lakeview.
This post was edited on 2/15/18 at 10:37 pm
Posted on 2/15/18 at 10:36 pm to tgrbaitn08
quote:Those numbers include the fees. See for yourself LINK
yeah you need to add another $2000 on top for “fees and other expenses”
Also anyone can go to Realtor.com, plug in 4+ bedrooms and you have lots of options in the 70124 zip code for less than 500k.
Posted on 2/15/18 at 10:36 pm to Mingo Was His NameO
Sacred Heart is an all girls school.
Why are you limiting the schools to just Catholic schools?
Why are you limiting the schools to just Catholic schools?
Posted on 2/15/18 at 10:38 pm to PiscesTiger
If you save heavily and invest intelligently as a single person, before you decide to pop out three kids, you'll have money put away for a fat down payment on a nice $450k-ish house somewhere like Lakeview and you'll end up with a manageable note.
The schools are astronomical but it can easily be done on $200k/year IMO. Alec and Shreveport are horrendously boring places
The schools are astronomical but it can easily be done on $200k/year IMO. Alec and Shreveport are horrendously boring places
Posted on 2/15/18 at 10:38 pm to tigercross
quote:probably around 2800
. What is the monthly housing cost—mortgage, insurance, and taxes on a $400k note?
Posted on 2/15/18 at 10:39 pm to tgrbaitn08
Let’s just reflect for one minute and enjoy being on the same side of a Nola debate. It may never happen again.
Posted on 2/15/18 at 10:40 pm to Mingo Was His NameO
quote:
No its not. All number I have presented are for Orleans Parish
Give me some examples? Show me a list of $250k-$300k 2000q ft houses in safe desirable neighborhoods in Orleans Parish.
Posted on 2/15/18 at 10:41 pm to gorillaballin
Let them think European vacations for 5 and Country Day are necessities for a comfortable life. You won't live lavishly, but no one has made that contention.
And the guy who thinks you can't live perfectly safely in many areas of Gentilly west of the London Ave canal is badly mistaken
And the guy who thinks you can't live perfectly safely in many areas of Gentilly west of the London Ave canal is badly mistaken
This post was edited on 2/15/18 at 10:44 pm
Posted on 2/15/18 at 10:41 pm to gorillaballin
quote:
If you save heavily and invest intelligently as a single person, before you decide to pop out three kids, you'll have money put away for a fat down payment on a nice $450k-ish house somewhere like Lakeview and you'll end up with a manageable note.
Yes and if you win the lottery then $200k a year will get you a house next to Audobon Park.
Enough with adding hypotheticals to the OPs original question.
This post was edited on 2/15/18 at 10:43 pm
Posted on 2/15/18 at 10:41 pm to tgrbaitn08
They do not exist, period
Posted on 2/15/18 at 10:42 pm to Louie T
quote:
Let them think European vacations for 5 and Country Day are necessities for a comfortable life
I’ve never said that. Actually, I pointed out it could be as expensive as country day but never used that as a figure, and specifically said to not consider traveling to Europe every summer as the norm, just “a vacation”.
Posted on 2/15/18 at 10:43 pm to AbitaFan08
quote:
Enough with the hypotheticals.
This is precisely what I'm doing as a single person. I renovated a double, living in one side, and have a rent check coming in that pays most of the note. It can be done.
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