What Are You Buying Right Now? (non-OT version)

bradleya123 said:

Visited Louisville this last weekend, had a great time. Played Persimmon Ridge, spent Sunday at Keeneland (won a little cash), Buffalo Trace on Monday. Got some Eagle Rare 10yr and also picked up a couple of bags of Barrel Char. Anybody ever use it? Just wondering how to use and the effects on the meat?

Drop them in your shine.

Ozzie_Isaac said:

How many pallets did you buy?

Ozzie_Isaac said:

shtgunal3 said:

Ozzie_Isaac said:

How many pallets did you buy?

Was planning 3, but put an offer on a house today instead, so my fun money evaporated. 😢

Investment or looking to move?

SFH or a multiplex?

kl8ton said:

kl8ton said:

SFH or a multiplex?

@Ozzie_Isaac

Single Family, would love a multiplex, or honestly storage buildings, but SFR is good starting point.  Should be positive cash flow of $500/month even with these higher rates.

I am sure I am missing some details, but it seems to pencil out okay.

Ozzie_Isaac said:

kl8ton said:

kl8ton said:

SFH or a multiplex?

@Ozzie_Isaac

Single Family, would love a multiplex, or honestly storage buildings, but SFR is good starting point.  Should be positive cash flow of $500/month even with these higher rates.

I am sure I am missing some details, but it seems to pencil out okay.

When I moved to Albuquerque, the Capt I was replacing at DNS was moving to Germany, but his wife wanted to keep their house, and rent it out.  He offered me a Property Manager position, $50/mo (1987 dollars), all I had to do was collect rent for him and take care of any "little repairs" that were needed.  This was in the Top Four Biggest Mistakes of my lifetime.  
The first renters were there for a few months or so, skipped out on the last two rent payments (I wasn't responsible) and disappeared.  I got into the house after they left, and threw up a couple times; OMG how can people live like that?!?  I had to take 3 vacation days, plus a weekend to try to get it ready to show to new renters.  Be very careful of their "references", usually a family member or close friend who did not rent to them.  Don't accept a "40-lb pristine chunk of turquoise" as deposit from a self-employed jewelry maker.  Etc.  
Finally got a decent renter, but then Murphy's Law/BotchLuck™ kicked in: the evening before any 3-day weekend, either Thurs or Fri night, every damn one, I'd get a phone call from the renter: "the water heater's out", "the swamp cooler isn't working", "the sprinkler system got a leak and there's a geyser in the front yard when I got home from work", etc (these are all actual incidents).  
That Capt returned to a new assignment in Albu. right before I PCS'd, and took over, what a relief.  I've had two bosses over the years who really got into buying properties and renting, and they both got pretty wealthy doing it.  But, it requires a certain Intestinal Fortitude that I now know I don't have (reading the stories from other renters/campground owners on this forum reinforces that).  
Good luck, Ozzie; knowing what I know, I'm sure you'll do okay!  

Thank you all for your advice.  I’m trying to sort through all details. It’s a big jump and a bit intimidating.  The house we are buying will need a full interior refresh and need to sort through some other issues.  Hopefully it works out, but a bit scared at the moment of what we are biting off.

Love the idea of “monthly” maintenance like air filters in the contract, allowing me access at least once a month, plus I know AC will be maintained.

Also plan to put all proceeds into an account for this house, hopefully allowing that to go towards future opportunities, and be able to cover unexpected expenses or issues with this house.

Internet is pretty interesting on their rules of thumb.  I would love to find a property that had profit of 10% of purchase price per year!  I can understand 10% of money you have invested, because you will also have appreciation, plus associated tax benefits,

All the second guessing is starting!

Ozzie_Isaac said:

Thank you all for your advice.  I’m trying to sort through all details. It’s a big jump and a bit intimidating.  The house we are buying will need a full interior refresh and need to sort through some other issues.  Hopefully it works out, but a bit scared at the moment of what we are biting off.

Love the idea of “monthly” maintenance like air filters in the contract, allowing me access at least once a month, plus I know AC will be maintained.

Also plan to put all proceeds into an account for this house, hopefully allowing that to go towards future opportunities, and be able to cover unexpected expenses or issues with this house.

Internet is pretty interesting on their rules of thumb.  I would love to find a property that had profit of 10% of purchase price per year!  I can understand 10% of money you have invested, because you will also have appreciation, plus associated tax benefits,

All the second guessing is starting!

Make your next property a waterfront

Purchased 8 Staub 0.275 qt mini-cocottes in various colors. Our Thanksgiving menu includes individual Pumpkin Sticky Toffee Puddings instead of pumpkin pie. 

alaskanassasin said:

Crypto…

Some of us never stopped 😎

selling crypto

CTMike said:

My uncle is a ceramic artist of some renown in the Portland, Or region. Every year his local group of artists fire soup bowls and sell them for $50 each with the proceeds going to a local battered persons shelter. 

He built an anagama style wood fired kiln based around the skeleton of a whale that died on a nearby beach. The kiln is massive and is fired 24/7 for about a week, then it cools for a couple weeks before opening and removing their work. 

Anyhow, I purchased 4 more bowls from him. 

The second photo is my uncle inside the kiln after a firing checking out the results. 

More his work can be seen here, some pretty wild stuff:

https://riverseagallery.com/artist/richard-rowland

Wow!  That is very cool!  Pottery is pretty impressive too!

CTMike said:

Ozzie_Isaac said:

CTMike said:

My uncle is a ceramic artist of some renown in the Portland, Or region. Every year his local group of artists fire soup bowls and sell them for $50 each with the proceeds going to a local battered persons shelter. 

He built an anagama style wood fired kiln based around the skeleton of a whale that died on a nearby beach. The kiln is massive and is fired 24/7 for about a week, then it cools for a couple weeks before opening and removing their work. 

Anyhow, I purchased 4 more bowls from him. 

The second photo is my uncle inside the kiln after a firing checking out the results. 

More his work can be seen here, some pretty wild stuff:

https://riverseagallery.com/artist/richard-rowland

Wow!  That is very cool!  Pottery is pretty impressive too!

As one would expect of an artist in the Portland region, he is quite eccentric. If you zoom in on this photo you can see the blue tooth he made and had his dentist implant:

He looks extremely happy!  Awesome to see someone passionate about what they do!

thank you @Ozzie_Isaac. 

10 cup unit inbound