"100% of people who do not save money do not have any!"--Dave Ramsey

[Xist]

Verizon is the only carrier in the area: Show Low, AZ Carrier Reviews & Coverage Maps | CellReception

I reviewed the shed home thread and it seemed like all that we established was that commercial sheds exchanged money for convenience. Then my brother's provider told me to get a fifth-wheel, mom thought that it was a great idea because I did not come up with it, and I was planning out building my tiny office when Mom told me to use our existing shed.

By the way, when they first announced small-business bailouts I applied immediately. I planned on spending a $1,000 grant insulating the shed and making it as habitable [workable?] as possible.

I finally heard back today shortly after I discovered that the school district took down the posting. The government said that I am eligible for a $12,900 loan at 3.75%.

On the one hand, I want to mail everyone in-town asking if they need speech therapy, but if I could find an off-market distressed fixer-upper (is that redundant) then I could make something of it.

How many people get into debt before they have a business plan?!

[JSH]

Originally Posted by Xist

Verizon is the only carrier in the area: Show Low, AZ Carrier Reviews & Coverage Maps | CellReception

Wow, things are direr in Show Low than I thought! Rural areas are the worst hit by the decision to build multiple networks instead of 1.

Originally Posted by Xist

I reviewed the shed home thread and it seemed like all that we established was that commercial sheds exchanged money for convenience.

Yes, you pay for different levels of convenience.

Turnkey sheds are the most convenient and expensive. I paid $7,000 for my 200 sq ft shed. That was about $2,000 for materials and $5,000 for the convenience of someone else building it for me.

The shed linked above is a kit. A truck drops off pallets of building materials and an instruction manual. You pay a little bit more than the raw material costs to have someone do the design work. You save a huge amount by doing the labor yourself.

The price of that kit gives you an idea of how little the raw materials costs for a small 450 sq ft two-story structure – if you are willing to do the work yourself. A house is just a much larger and more expensive version of a turnkey shed. Most of the price is the convenience of having someone else do all the work.

Originally Posted by Xist

Do you guys see anything that I missed? https://www.zillow.com/homedetails/1.../8410334_zpid/

Yes, the foundation has huge displaced cracks which means it is a tear-down.

See Below.

[redpoint5]

A 5th wheel isn't a good investment because it doesn't appreciate in value to track inflation like a house does. You might as well stay at Mom's instead.

If long term investment is a consideration, then you want to buy the worst house in the best neighborhood you can afford and bring it up to the average standard of the other homes.

Utilizing home structures for business purposes from a tax/loan perspective is very strict. It needs to be something like 95% utilized for business purposes. If you also store household items in there, or play video games, or the other things you do at home but not in an office, then it isn't legally considered a business structure.

[JSH]

Originally Posted by redpoint5

A 5th wheel isn't a good investment because it doesn't appreciate in value to track inflation like a house does. You might as well stay at Mom's instead.

If long term investment is a consideration, then you want to buy the worst house in the best neighborhood you can afford and bring it up to the average standard of the other homes.

Utilizing home structures for business purposes from a tax/loan perspective is very strict. It needs to be something like 95% utilized for business purposes. If you also store household items in there, or play video games, or the other things you do at home but not in an office, then it isn't legally considered a business structure.

Very good advice. It depends on the goal.

If the goal is get out of Mom's house for cheap, then a piece of land and 5th wheel makes (some) sense. If the goal is long term financial stability then saving up for a house is the way to go.

I thought the recent tax overhaul got rid of home office deductions completely. I haven't paid attention since I haven't had a home office since I had my Auto Dealer's License back in Alabama. I only claimed my 200 sq ft workshop where I kept my tools and worked on bikes.

[redpoint5]

I haven't looked at tax code in 3 years when I started working from home.

I'd say if pursuing a romantic relationship is among the goals, moving out of Mom's is at the top of the list. My first GF was critical of me living at my parents at the age of 22 even though I was getting back on my feet and going back to school after getting out of prison 2 years prior. It's going to be tricky, because women want to be THE priority, not among priorities. Heck, my current wife wouldn't have let me buy a house down the street from my parents even if it was free, and my parents are great.

[Xist]

Dating has been a lot like that full-time opening. When I finally find something that looks good I never even get to talk to them.

[Fat Charlie]

And the ones you do talk to are not what you had been led to believe.

[Xist]

I need to find a way to support myself this summer. I honestly do not remember what I did last year. As long as I keep seeing my six clients I will be able to pay my bills, but it doesn't make sense to work that little. I keep hoping to figure out some big project that will yield money and spend my time that way, but I have not figured out that one yet.

I was thinking about Wells Fargo's $400 bonus to open up a checking account. I thought that you needed to transfer a large amount to receive it, but it is $4,000 over three months.

I may qualify for that before returning to work in the fall.

I had wondered what the next-best account was and how much it required. Well, how about $300 with Chase and direct deposit? https://www.doctorofcredit.com/chase...savings-bonus/

The crazy thing about that offer is that there is not a minimum amount and they have a list of sources of direct deposit that qualify. Uber Eats qualifies, so if I find the biggest bonus code (whatever that may be), sign up, and...

We do not have Uber Eats here.

No problem! I find the best bonus for DoorDash and...

It says that my ZIP is invalid.

All right, Grubhub--why won't you love me GrubHub!

So, PostMates? Maybe?

I cannot tell if it serves my area. It looks like it would, there just aren't any drivers in the area at 06.

It looks like PostMates has a $100 bonus and they guarantee making $1,025 in 30 days as long as you make a certain number of trips, which is usually 30 or 60. Most restaurants in Show Low are 5 - 10 minutes from me. If I could magically get in and out in a minute and it averages 15 minutes there and back home it would possibly be 41 minutes per order. 60 of those = $1,025. Each order is worth $17.08 and if it takes 41 minutes it works out to $25 an hour.

Of course, you are not paid while sitting around waiting on orders, but in theory you could do one delivery, get paid, and receive Chase's $300 bonus, but let's say that you do 60 deliveries in 30 days and then apologize to your car for all of the undue wear and tear. There is the Guaranteed $1,025, $100 bonus, and $300 from Chase, so $1,425 for 41 hours of work, or $34.75 an hour.

[redpoint5]

You can have HR change your direct deposit. They will get annoyed at some point if you do it too many times. There's probably some simpler way to fulfill DD requirements, but I haven't googled it yet.

[Xist]

If you look up a specific bank you can find a list of what does and does not count as direct deposit. Sometimes ACH transfers, Venmo, Zelle, or Paypal do. Capital One, Chase, and I am sure that other banks have their own version which sometimes count.