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Joined: Feb 2013
Posts: 4,395 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Feb 2013
Posts: 4,395 Likes: 1 |
Whenever we visited, my dad liked to pack the car with folks and give us a town tour...once he and mom had completed their final arrangements he took us by the cemetery to show off their plots. Their spots were separated from the retention pond by the cemetery access road.......he bragged how he was able to finally give mom that waterfront property she always wanted.
He was always thinking ahead.
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Joined: May 2011
Posts: 56,377 Likes: 10
Campfire Kahuna
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Campfire Kahuna
Joined: May 2011
Posts: 56,377 Likes: 10 |
My ideal piece of rental property is a brick 3/2 ranch with a one car attached garage, about 1350 sq ft. They can be had around here for about $180K but you need to be there when they get put on the market. They're gone in 2 or 3 days.
If I had one for sale around here right now I'd up the price $40K over what they're going for. They'll be $40K more in 18 months from now.
The market is crazy around here. Sounds like you made a good decision to move to the country B.
_______________________________________________________ An 8 dollar driveway boy living in a T-111 shack
LOL
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Joined: Apr 2010
Posts: 20,683
Campfire Ranger
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Campfire Ranger
Joined: Apr 2010
Posts: 20,683 |
Depends upon Covid I guess. Biz is back to 2/3 to 3/4 of what it was since we were allowed to reopen.
Have already dipped into savings
We are sellers of r/e currently, one to raise cash, two I’m expecting re to suffer here at home 🤷🏻♂️ Could be wrong, we’ll see.
I’m not so worried where we will be as to where our kids will be. I feel fairly confident we’ve positioned ourselves to live comfortably over the next 20-25 years. Was hoping to do well enough to leave our kids something at the end of our days. But my main objective is seeing that their mom is provided for. Hope our preparations & prayers have been sufficient to do so.
I'm pretty certain when we sing our anthem and mention the land of the free, the original intent didn't mean cell phones, food stamps and birth control.
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Joined: Nov 2015
Posts: 5,743 Likes: 3
Campfire Tracker
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Campfire Tracker
Joined: Nov 2015
Posts: 5,743 Likes: 3 |
Fixed income here, dollars come in steady. What those dollars buy is the big question. Savings is good and home paid for, we will be ok!
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Joined: Sep 2011
Posts: 45,445 Likes: 28
Campfire 'Bwana
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Campfire 'Bwana
Joined: Sep 2011
Posts: 45,445 Likes: 28 |
I still have restaurant customers closing up shop, and I expect that to continue until at least the elections. Just bumping along until then. If Trump loses, it’ll keep barely rocking along for the next 4 years while every government agency that was reigned in Under Trump unleashes their frustration on the American business world, making the pandemic shutdown look like a walk in the park. Optimistic you are this morning. Not much hope for some things if The Donald does lose though I'm afraid.
The desert is a true treasure for him who seeks refuge from men and the evil of men. In it is contentment In it is death and all you seek (Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
member of the cabal of dysfunctional squirrels?
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Joined: Oct 2005
Posts: 79,321 Likes: 2
Campfire Oracle
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Campfire Oracle
Joined: Oct 2005
Posts: 79,321 Likes: 2 |
My ideal piece of rental property is a brick 3/2 ranch with a one car attached garage, about 1350 sq ft. They can be had around here for about $180K but you need to be there when they get put on the market. They're gone in 2 or 3 days.
If I had one for sale around here right now I'd up the price $40K over what they're going for. They'll be $40K more in 18 months from now.
The market is crazy around here. Sounds like you made a good decision to move to the country B. I guess. We're only about 25 miles out of Lexington. This area was pretty hot when we moved in. But COVID and communists are pushing people into the country around here right now. That's good to an extent. But it's making it difficult to find a decent little rental property to use as an investment. I'm looking at one today that's $170K. It would have been $130K 3 years ago.
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Joined: May 2016
Posts: 60,883 Likes: 60
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,883 Likes: 60 |
Busted flat in Baton Rouge.....
I am MAGA.
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Joined: Sep 2009
Posts: 11,328 Likes: 9
Campfire Outfitter
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Campfire Outfitter
Joined: Sep 2009
Posts: 11,328 Likes: 9 |
Lumber prices are way up around here, with OSB nearly triple was it was several months ago. Despite that, our local construction industry continues forward. Low interest rates and a healthy backlog of work is certainly helping us. Most believe we will be alright down here in the coming months.
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Joined: Jan 2020
Posts: 2,865 Likes: 2
Campfire Regular
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Campfire Regular
Joined: Jan 2020
Posts: 2,865 Likes: 2 |
always up in the air. feast or famin in my line of work. I'm in the same shoes as stxhunter. But I have 3 child support payments left,so that'll be almost a grand back in my pocket. That will help a lot when things slow up. Hope nothing unforeseeable happens in the meantime.
Just because you're offended doesn't mean your right.
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Joined: Sep 2004
Posts: 29,383
Campfire Ranger
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Campfire Ranger
Joined: Sep 2004
Posts: 29,383 |
Depends on who gets in. I don't see much change for my family .
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Joined: May 2011
Posts: 56,377 Likes: 10
Campfire Kahuna
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Campfire Kahuna
Joined: May 2011
Posts: 56,377 Likes: 10 |
The good news is if the democrats do manage to steal the election, and conservatives are too bigga pussies to hang the traitors in the streets, that the democrats are also being hurt by this shutdown, so they'll immediately claim their shut down policies have worked and will reopen the economy. At which time it will TAKE OFF because people are READY to get back to business. Then they will claim the booming economy is the result of their brilliant policies. Their continued stacking of federal offices with communists, importing foreigners, free handouts and elction fraud will ensure 100 years of democrat rule.
Remember where you read this.
_______________________________________________________ An 8 dollar driveway boy living in a T-111 shack
LOL
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Joined: Nov 2007
Posts: 47,270 Likes: 13
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2007
Posts: 47,270 Likes: 13 |
hell, I'll always get buy, more than one way to make money.
Last edited by stxhunter; 09/08/20.
God bless Texas----------------------- Old 300 I will remain what i am until the day I die- A HUNTER......Sitting Bull Its not how you pick the booger.. but where you put it !! Roger V Hunter
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Joined: Jan 2012
Posts: 26,673 Likes: 10
Campfire Ranger
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Campfire Ranger
Joined: Jan 2012
Posts: 26,673 Likes: 10 |
Will be an interesting year for us[wife & I]. Business is still sitting at or just above 50% pre covid.
Rentals at our vacation house have finally started picking back up with Sep being being our best month so far. Luckily we sold both beach condos last Dec, carrying those through winter and then again through spring[shutdown] would've made life tight between HOA's and taxes.
We have some big decisions to be made. With the Real Estate market where it is, now seems like the time to sell our little piece of heaven-72 acres w/custom home and move on. We've been looking hard all spring/summer at properties in Tenn which would only keep us 2-3 hours from our aging parents and son and his family.
FJB & FJT
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Joined: Dec 2004
Posts: 9,341
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2004
Posts: 9,341 |
The end of democracy, and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations.
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Joined: Apr 2005
Posts: 670
Campfire Regular
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Campfire Regular
Joined: Apr 2005
Posts: 670 |
An interesting topic for me.
I have been IT since 1980 (before we called it IT). I have done well salary-wise but was married to a woman that controlled the check book and spent it all (my fault for letting it happen) and for the last 12 years have been paying nearly 40% of that ex-wife (long sad story). She passed away last month so my take home income has increased significantly. In the meantime my work has slowed down. I have a reasonable suspicion that I am been set up to be laid off in favor of younger less well paid folks. I can't be certain that is happening and my employer says "don't worry about it. Your work will pick after the Covid hysteria has passed." My customers have put most of their 'project work' on hold until then.
So I have been paying off all my debt as fast as possible. My only splurges so far are 2 new pairs of jeans and I paid a guy to tile my backslash. Once my debt has paid off in 1 or 2 more months I will start buying gold or silver I think. If I keep my job I will fully fund the 401k. Maybe buy a small piece of land as a bug out destination. So at 64+ years old I am hoping I can debt free before they lay me off. If I get laid off I may be able to do the same work (Healthcare IT Project Management) as a contractor but who really knows.
I have always been terrible with money. Time to get smarter and make the most of the opportunity I have been given.
But then there is the election... could change everything.
"Socialism produces bad music, bad art, social stagnation and really unhappy people", “I am a conservative, and you may not like that, but I am.” Frank Zappa 1986
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Joined: Jun 2008
Posts: 18,586 Likes: 16
Campfire Ranger
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Campfire Ranger
Joined: Jun 2008
Posts: 18,586 Likes: 16 |
Where do y'all think we will be in 6-12 months? In 6 months, I think the nation will be suffering economically from the financial consequences of what all occurred because of this Coronavirus. I think the financial consequences would be worse under Biden than under Trump. In 12 months, I think the same as at 6 months. I think between now and then, there will be opportunities to make money in the stock market, especially for long-term investors, as there was last March.
Every day on this side of the ground is a win.
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Joined: Feb 2020
Posts: 2,418 Likes: 1
Campfire Regular
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Campfire Regular
Joined: Feb 2020
Posts: 2,418 Likes: 1 |
Right now I’m semi retired. Drawing a retirement check and just started getting full social security last month. By this time next year hope to have house completely paid off and ready to totally retire. But may keep working so I can afford to rent a house in AK for at least a month and have family on at least one last great vacation
Life (and forums) is like a box of animal crackers----There's a Jackass in every box
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Joined: Apr 2010
Posts: 450
Campfire Member
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Campfire Member
Joined: Apr 2010
Posts: 450 |
Same place I'm at every spring after feeding all winter.....BROKE
NOVIT EMIM DOMINUS QUI SUNT EUIS {Arnauld Amalric} "Kill them all,God will know His." Never trust Horses ,Women and very few Mules.A good rifle will let in lots of AIR AND LIGHT.
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Joined: Jan 2002
Posts: 63
Campfire Greenhorn
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Campfire Greenhorn
Joined: Jan 2002
Posts: 63 |
I have job security and I make enough to get by with a little on the side. I'm gonna prepare for the worst and hope for the best. But I might not even be alive tomorrow, so i try to plan for the future while enjoying the present.
"To give anything less than the best is to sacrifice the gift." Steve Prefontaine
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Joined: Jan 2001
Posts: 5,057
Campfire Tracker
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Campfire Tracker
Joined: Jan 2001
Posts: 5,057 |
I think I’ll be fine and if things continue, the wife’s new practice is coming along at a steady pace. As long as people can stay employed and keep insurance, the wife’s private practice should continue to grow. Now if more people lose their jobs and insurance, we could be in for a long winter here. It’s interesting times we live in for sure.
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