Go Back   EcoModder Forum > Off-Topic > The Lounge
Register Now
 Register Now
 


Reply  Post New Thread
 
Submit Tools LinkBack Thread Tools
Old 06-10-2020, 11:38 PM   #371 (permalink)
Not Doug
 
Xist's Avatar
 
Join Date: Jun 2012
Location: Show Low, AZ
Posts: 12,186

Chorizo - '00 Honda Civic HX, baby! :D
90 day: 35.35 mpg (US)

Mid-Life Crisis Fighter - '99 Honda Accord LX
90 day: 34.2 mpg (US)

Gramps - '04 Toyota Camry LE
90 day: 35.39 mpg (US)

Don't hit me bro - '05 Toyota Camry LE
90 day: 35.79 mpg (US)
Thanks: 7,217
Thanked 2,217 Times in 1,708 Posts
A modified A-frame house hit the market today. It is small, every room is small, three sloping walls encroach on the usable space throughout the house, and it needs some work.

Then this modified A-frame came up for sale a few hours later. It is way bigger and I think that it looks great. It is inside of the city limits, so it has sewer and natural gas, but it only has a one-car carport and has an HOA, although it only charges $2 and is allegedly optional: https://www.zillow.com/homedetails/9.../8409233_zpid/

__________________
"Oh if you use math, reason, and logic you will be hated."--OilPan4
  Reply With Quote
Alt Today
Popular topics

Other popular topics in this forum...

   
Old 06-11-2020, 09:11 AM   #372 (permalink)
Batman Junior
 
MetroMPG's Avatar
 
Join Date: Nov 2007
Location: 1000 Islands, Ontario, Canada
Posts: 22,513

Blackfly - '98 Geo Metro
Team Metro
Last 3: 70.09 mpg (US)

MPGiata - '90 Mazda Miata
90 day: 52.71 mpg (US)

Even Fancier Metro - '14 Mitsubishi Mirage top spec
90 day: 70.75 mpg (US)

Appliance car - '14 Mitsubishi Mirage ES (base)
90 day: 60.16 mpg (US)
Thanks: 4,058
Thanked 6,957 Times in 3,602 Posts
Quote:
Originally Posted by Xist View Post
So, you are saying that 28 homes with 3.5% down each is right out?

It sounds like you have not read/watched The Big Short!
__________________
Project MPGiata! Mods for getting 50+ MPG from a 1990 Miata
Honda mods: Ecomodding my $800 Honda Fit 5-speed beater
Mitsu mods: 70 MPG in my ecomodded, dirt cheap, 3-cylinder Mirage.
Ecodriving test: Manual vs. automatic transmission MPG showdown



EcoModder
has launched a forum for the efficient new Mitsubishi Mirage
www.MetroMPG.com - fuel efficiency info for Geo Metro owners
www.ForkenSwift.com - electric car conversion on a beer budget
  Reply With Quote
Old 06-11-2020, 12:15 PM   #373 (permalink)
Not Doug
 
Xist's Avatar
 
Join Date: Jun 2012
Location: Show Low, AZ
Posts: 12,186

Chorizo - '00 Honda Civic HX, baby! :D
90 day: 35.35 mpg (US)

Mid-Life Crisis Fighter - '99 Honda Accord LX
90 day: 34.2 mpg (US)

Gramps - '04 Toyota Camry LE
90 day: 35.39 mpg (US)

Don't hit me bro - '05 Toyota Camry LE
90 day: 35.79 mpg (US)
Thanks: 7,217
Thanked 2,217 Times in 1,708 Posts
Rated R for greed?
__________________
"Oh if you use math, reason, and logic you will be hated."--OilPan4
  Reply With Quote
Old 06-11-2020, 08:01 PM   #374 (permalink)
Rat Racer
 
Fat Charlie's Avatar
 
Join Date: May 2011
Location: Route 16
Posts: 4,150

Al the Third, year four - '13 Honda Fit Base
Team Honda
90 day: 42.9 mpg (US)
Thanks: 1,784
Thanked 1,922 Times in 1,246 Posts
I did watch The Big Lebowski, though. All I learned about real estate was that the right rug can really tie a room together.
__________________

Quote:
Originally Posted by sheepdog44 View Post
Transmission type Efficiency
Manual neutral engine off.100% @MPG <----- Fun Fact.
Manual 1:1 gear ratio .......98%
CVT belt ............................88%
Automatic .........................86%

  Reply With Quote
Old 06-13-2020, 12:30 PM   #375 (permalink)
Not Doug
 
Xist's Avatar
 
Join Date: Jun 2012
Location: Show Low, AZ
Posts: 12,186

Chorizo - '00 Honda Civic HX, baby! :D
90 day: 35.35 mpg (US)

Mid-Life Crisis Fighter - '99 Honda Accord LX
90 day: 34.2 mpg (US)

Gramps - '04 Toyota Camry LE
90 day: 35.39 mpg (US)

Don't hit me bro - '05 Toyota Camry LE
90 day: 35.79 mpg (US)
Thanks: 7,217
Thanked 2,217 Times in 1,708 Posts
Yeah, well, that's just, like, your opinion man.

Our neighbor finally came home and volunteered that she wants to sell her house and move somewhere hot enough to never snow. I was about to ask if she thought it would pass a VA inspection, but all of a sudden her old father's grumpy and disembodied voice projected from her pocket. Apparently she performed the rare Pocket Answer maneuver.

She did say that a realtor showed her a house like hers that was $197,000 without some detail that she seemed to think made it more valuable.

"Did it sell for that much or did they just ask for it?"

She did not know.

Her house is 1,272 square feet and, as I keep telling everyone, the 42 houses that sold between $125,000 and $200,000 in our town in the past 365 days averaged $125 per square foot.

Dang.

That only works out to $159,000.

The beautiful one that I wanted on half acre only sold for $117 per square foot, although they would have gotten more if they waited longer than 48 hours.

What really matters to me is the VA valuation. If the VA says that her house is worth $150,000 then she will find someone else.

It is weird, I keep hoping to buy a 1,200-square-foot 3-bedroom and 2-bath house with a 2-car garage for $180,000. To me that is a good price, but that works out to $150 per square foot, while $125 per square foot would put it at $150,000. The only house that I have seen for that price is this one with the great garage, but questionable addition: https://www.zillow.com/homedetails/2.../8408522_zpid/

They are asking $150,000 for this one, but it is a 3-1 with no garage or space for one: https://www.zillow.com/homedetails/4.../8408594_zpid/

Then there is this abomination that Dawn has been trying to sell for four months: https://www.zillow.com/homedetails/5.../8410435_zpid/

They started asking $199,000 in February and have lowered their price about $10,000 a month. I might be able to negotiate down to $150,000, but with the garage converted into living space, it has 1,820 square feet, which would work out to $82 per square foot.

I would want to add on a garage, haul out the gravel, and put in sod. I keep thinking that painting the house something more colorful would help, but the front porch casts shade, so how much would that help?
__________________
"Oh if you use math, reason, and logic you will be hated."--OilPan4
  Reply With Quote
Old 07-12-2020, 08:18 PM   #376 (permalink)
Master EcoModder
 
Join Date: Dec 2010
Location: USA
Posts: 1,168

Sport Utility Prius - '10 Toyota Prius II
90 day: 52.98 mpg (US)

300k Sequoia 4WD - '01 Toyota Sequoia Limited 4wd
90 day: 20.19 mpg (US)
Thanks: 352
Thanked 265 Times in 212 Posts
Quote:
Originally Posted by MetroMPG View Post
It sounds like you have not read/watched The Big Short!
If you wanna hear something even more fun you can trade on margin with robinhood if you have a bank account with them. Now stay with me here... Instead of buying a house with 24% down like they want, you can put your down payment money into robin hood, turn on margin (2x your amount) and take that to buy a house. Also, trading on margin money is a 0% loan for a small amount of time (intro rate waived). So congrats, you bought a property with what is basically a balance transfer credit card.
Decent idea for rental properties if you need a month or two to get your ducks in a row. BUT... March did happen so Jesus is watching. lol
If march happened they may have called your margin loan and Dave Ramsey'd you. Kinda.
Theres my contribution. Now get out there and lets crash the economy again. I need some cheap things to buy.
I will say that I have Schwab and am not sure of their margin rates.

Moral of the story: Get a brokerage account now and get rid of that checking account.

Also, margin accounts do not add to your debt to income ratio which they consider when approving loans along with your 20% down payment and your 4 ish percent closing cost.
-guy who thinks he knows something
__________________
"I feel like the bad decisions come into play when you trade too much of your time for money paying for things you can't really afford."

Last edited by hayden55; 07-12-2020 at 08:25 PM..
  Reply With Quote
Old 07-12-2020, 08:35 PM   #377 (permalink)
Not Doug
 
Xist's Avatar
 
Join Date: Jun 2012
Location: Show Low, AZ
Posts: 12,186

Chorizo - '00 Honda Civic HX, baby! :D
90 day: 35.35 mpg (US)

Mid-Life Crisis Fighter - '99 Honda Accord LX
90 day: 34.2 mpg (US)

Gramps - '04 Toyota Camry LE
90 day: 35.39 mpg (US)

Don't hit me bro - '05 Toyota Camry LE
90 day: 35.79 mpg (US)
Thanks: 7,217
Thanked 2,217 Times in 1,708 Posts
You watched this, too?

Just kidding! I haven't watched any of his videos in a week or two! I usually play them on Saturdays while I am weeding, but I was working on my car.
__________________
"Oh if you use math, reason, and logic you will be hated."--OilPan4
  Reply With Quote
The Following User Says Thank You to Xist For This Useful Post:
hayden55 (07-12-2020)
Old 07-12-2020, 08:48 PM   #378 (permalink)
Master EcoModder
 
Join Date: Dec 2010
Location: USA
Posts: 1,168

Sport Utility Prius - '10 Toyota Prius II
90 day: 52.98 mpg (US)

300k Sequoia 4WD - '01 Toyota Sequoia Limited 4wd
90 day: 20.19 mpg (US)
Thanks: 352
Thanked 265 Times in 212 Posts
Quote:
Originally Posted by Xist View Post
You watched this, too?

Just kidding! I haven't watched any of his videos in a week or two! I usually play them on Saturdays while I am weeding, but I was working on my car.
Yes sir lolol

I typed it out to keep the preconceived notions of him at bay
__________________
"I feel like the bad decisions come into play when you trade too much of your time for money paying for things you can't really afford."

Last edited by hayden55; 07-12-2020 at 11:33 PM..
  Reply With Quote
Old 07-12-2020, 08:57 PM   #379 (permalink)
Not Doug
 
Xist's Avatar
 
Join Date: Jun 2012
Location: Show Low, AZ
Posts: 12,186

Chorizo - '00 Honda Civic HX, baby! :D
90 day: 35.35 mpg (US)

Mid-Life Crisis Fighter - '99 Honda Accord LX
90 day: 34.2 mpg (US)

Gramps - '04 Toyota Camry LE
90 day: 35.39 mpg (US)

Don't hit me bro - '05 Toyota Camry LE
90 day: 35.79 mpg (US)
Thanks: 7,217
Thanked 2,217 Times in 1,708 Posts
People here do not seem to like that guy for some reason.
__________________
"Oh if you use math, reason, and logic you will be hated."--OilPan4
  Reply With Quote
Old 07-12-2020, 09:35 PM   #380 (permalink)
Master EcoModder
 
Join Date: Dec 2010
Location: USA
Posts: 1,168

Sport Utility Prius - '10 Toyota Prius II
90 day: 52.98 mpg (US)

300k Sequoia 4WD - '01 Toyota Sequoia Limited 4wd
90 day: 20.19 mpg (US)
Thanks: 352
Thanked 265 Times in 212 Posts
Quote:
Originally Posted by Xist View Post
People here do not seem to like that guy for some reason.
Yeah hes a very risky guy. But as they say... high risk investments can have high returns. I normally just tell myself at that point not to be greedy because it gets pretty close to gambling. Just legal and tax deductible.

__________________
"I feel like the bad decisions come into play when you trade too much of your time for money paying for things you can't really afford."
  Reply With Quote
Reply  Post New Thread


Thread Tools




Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Content Relevant URLs by vBSEO 3.5.2
All content copyright EcoModder.com