BullredsRus

As for rest of my financial situation, we make what I would think is above average income annually and are not living paycheck to paycheck. Total net worth is right at 2.3 Million by my calculations or very close to it. Have A 6 plus month safety net and n savings and 2 other properties that I have good equity in each. Past that no other debt I pay cash for everything and credit card is paid in full every month. It is not my only money and I don’t intend to use it for anything personally. Want it to remain as “retirement money”. Whether that is invested in more real estate, or another business venture or just put into the market, either way I don’t plan on touching much if any of it short term.

And btw it is abundantly clear that paying off my house note is a bad idea. So thanks to all for that. When everyone is telling you to run from an idea it’s pretty eye opening. I like the idea of being house note free but I see what everyone is saying at the same time. So will eliminate that option from this scenario. Thanks again for any and all advice here.

Whether it’s actually a large amount is debatable but it will be biggest check I’ve even held. I am Selling some real estate. I don’t have a mortgage on it, so all proceeds at sale will be given to me via check at closing. Total amount is $570,000

My current opinion is I have a few options.

1. Put it into a 1031 exchange and buy something bigger to defer the tax hit. Somewhat skeptical here bc I am tired of being a landlord. If I do this it will def be set up and managed through a RE management company so I will be a lot more hands off then what I am selling now. This keeps some cash flow coming in every month via a passive Real estate business which I am already used to.

2. Take the money, pay the capital gains on the profit, and whatever is left over (will be over 500K left after taxes) use that to pay my house off. My note on principal and interest is $2,000 a month and I owe just over 400K on home so will be house note free. My interest rate on my home is 2.75 and I have about 27 years or so left on term if I don’t make any extra payments for what it’s worth when considering this option.

3. Invest in something super safe like a CD or Bonds and take advantage of the higher interest rates while they’re here and use that interest income to pay my house note instead of just paying it off. That way I keep nest egg there and if interest rates ever drop I can take it out and still pay off the house but just owe less and be able to keep more of the money after it’s paid off.

I’m open to other options. TIA for any feedback here.

I found a money clip with $1,800 in it once in Orange Beach. Had an ID too though. Was at hotel pool and we were staying at same hotel. Brought it to front desk to confirm he was guest and they wanted to bring it to him. We talked them into giving us the room number. He answered door and I could tell he was pretty drunk. Gave me $100, so I guess $100 is most I’ve ever found on ground.

True story he spouted the same shite when the flood of 2016 happened. When it first started it was a lot of central and Zachary areas that got hit first. More white flight areas. Gravy said it was god doing that to the evil white people basically on one of his FB rants. And as the flood waters kept coming downstream and eventually started getting his area too around North BR his tone changed. God must have hated all of the races the same when it came to that flood huh Gary? Well either that or it wasn’t god at all and just mother nature doing it’s thing. But keep on making every single thing about race you POS bc I’m almost positive you or someone in contact with you is reading all these posts. If it happens to be you reading it then I’d like to end with I hope you choke on a gravy covered chicken biscuit sooner than later. K byyeeeee!

Is this the OT or the Poli board? Bc I have read through five pages and unless I missed it there is not one mention of her rack. It’s a nice one. If you didn’t watch video to very end you should rewatch. When they put her in cop car you get a nice look. Wood.

That is all. Carry on with the mask BS now.

Maybe he was wrong but Jimmy Ott was on his radio show saying Keanland is set to open 10-7 or 10-8. And he was happy bc our game is scheduled for 10-9. I hope he’s right.

To me success overall is being in a better spot then where your parents were. So it’s different for everyone. Take an inner city kid who grew up in a single parent household. If that kid graduates high school, learns a trade and makes a decent living doing say AC or plumbing work. Takes care of his family and so on. I’d say that’s a success.

Same scenario would not be a success for say Gordon McKernans son. Or anyone like that just using Gordon bc he’s well known. So success to me is all relative.

Wealth is not relative like Success in my opinion. It’s a hard number and you either have it or you don’t. Can’t say that you’re wealthy bc you live lifestyle you want and don’t worry about anything. Bc maybe that’s the case but you’re spending all of your money to live said lifestyle and not saving any money for retirement. Trying to finance every vehicle for 8 years to keep up with the Joneses etc. That’s not wealthy to me. It also varies by households. A single guy making 80K a year is more wealthy than a married guy who makes 100K a year and his wife stays at home with their 2 kids. Even though married guy makes more the single guy is wealthier.

It’s alive and well already? You can confirm this? Would love more details if so bc trying to not cancel this trip. Still have 13 days to do so and I will put it off until very last day. Any info is appreciated.

We have a trip booked for Mardi Gras too. Y’all are going despite this cdc deal requiring a negative test within 72 hours in order to fly back to US? I still want to go but wife is on the fence now.

Worst he can do is say no. But it’s free to ask. I say go for it. If we get him we can maybe bring Belichek in as co-defensive coordinator. That would be awesome.

It’s a big if, but if we can pull this off you know we’ll start to stack up rings and you know Saban will want in too. Can maybe find an analyst job or something like that for him down the line. Good idea I like where your heads at on this one.