Have some, but kids and baby monitors mucked that up. The real issue is that one of my wife's hobbies is putting a rag on the top of our motion activated faucet, which has slipped down and turned itself on. Hearing any kind of water is like an immediate shot of heroin for me. It is a rachio! It was just initially programmed by the last folks
Everything I’ve heard has indicated that this isn’t going to be like the 80s with interest rates and they will eventually go back down.
I bought some enbright cafe lights and went to install them and it seems like they need a clean 2.4 network. We have Google Wi-Fi for our wireless router and unlike my old orbi I can’t seem to find a way to split the 2.4 and the 5g into different SSID’s. In a rookie mistake I hung the light’s before connecting to Wi-Fi so the trick I read about taking them to the edge of signal range where only 2.4 is available will be a pain. Anybody got an answer?
Reset the controller, pair to the app on your phone, and go through the initial setup. I changed mine to run after sunset so it has a chance to soak all night rather than evaporating from sunlight in the morning.
I had my Rachio connected to my home weather station. Rachio was pretty impressed with how much rainfall we were getting despite the crazy drought so it didn’t run my sprinklers for like three weeks until I checked and eventually discovered my neighbors sprinkler head was broken and was spraying onto my rain gauge on the weather station
fridge died today. looking at these two LG fridges. https://www.lg.com/us/refrigerators/lg-lrfds3016s-french-3-door-refrigerator https://www.lg.com/us/refrigerators/lg-LFXS28968S-french-3-door-refrigerator not sure if the first one is worth the extra money
i basically have the top one, just with the added flex drawer its awesome and i'm shocked at how much we use the quick access door that i thought was mostly a gimmick
Was everyone else extremely nervous before buying their house or just me? I’m excited but I’ve been freaking out a lot about having the monthly mortgage payments, worrying that home values are going to fall significantly in some crazy US economic shift, freaking out about minor things in the inspection, worrying about resale value some day already, etc. I’m not sure there’s ever going to be a time I feel 100% comfortable, but I’ve been like pretty nervous about the whole thing and just kind of want time to advance over the next year pretty quickly to try to see some value stabilize/increase and equity build and hopefully confirm I like the place
If it makes sense for you to buy and you can afford it, jump on in and dont sweat it. Housing can ebb and flow but it's generally pretty solid. Plan on staying in your place for at least 6 years and Re-fi if/when rates go lower. I remember when I bought in 2015 people thought I should just "wait until the the market crashes again"... now my house is worth 2x the sale price and my mortgage is cheaper than rent.
Barely slept for a few weeks, developed styes in my eye, and just generally stressed. Granted this was my first home purchase and I had gotten rid of just abt everything over the years so had to buy all new furniture and stuff. Still don't have any blinds after a month, which is frustrating as hell. Making my first mortgage payment this week. Stressful as hell. But I know it'll be worth it in the end.
You’re better off running in the AM. Whatever water you may lose when the sun comes up isn’t worth the disease you can get from your grass sitting wet all night.
they didn't built enough houses for like ten years after the recession in 08. There aren't enough houses in this country and there won't be anytime soon. in the near future, your house might diminish slightly in value, but not by much. It's most likely going to increase from where it is today. When rates eventually go back down then you can refinance and it will feel like you got a huge raise.. It's normal to be nervous but you're going to be fine assuming you have a job that can sustain your payment.
Depends on where you are. In dry and warm climates I’ve been told that isn’t a concern. We run ours from 2-4 am to split the difference.
Let's just add, depending on how many years you are in, you might be able to refinance down to a 15 year, have roughly the same payment and get that much closer to paying the bitch off. Example, I think we were only 3.5 years in on ours when we did that. Saved like 60k in a day doing that, knocked it down to 15 years while paying bi weekly which equates to two extra payments a year. Also, time seems to move quickly.
Yeah, all the research I'm seeing is that the home price run up in 2020-2022 was driven by a big supply/demand imbalance, and even if rates go up, all it will do is just push people down in their price range but there will still be the demand to push individual houses up because there just isn't any inventory there. So its not being driven by crazy lending practices and stuff that should make a titanic shift in the market once 30% of people default on their homes. So that makes me feel better, but I've just been freaking about Southern California housing prices going down if people think there's no reason to pay "SoCal prices" anymore and continue moving to Texas, Boise, etc., what happens if there's a big earthquake and prices take a big shift down, etc. Its crazy I know, SoCal housing prices have been on an upward trajectory for decades, but I've just been super nervous thinking about it even if there's only a slim chance the house isn't worth more in 10+ years (based on the Shiller housing index, there was not a time in the last century you could buy a house and it not be worth more on market pricing in a decade). Not necessarily, but I do get a majority of my income through bonuses and other lumpy events and actually don't have a big base salary (nature of my industry). I wasn't worried about it at all, but then the mortgage lenders all poked and prodded like crazy on it, talked about how they have trouble underwriting people with income like this, and its made me actually nervous about what happens if I don't actually get target bonuses/incentives (even though I've hit my target for 9 straight years...). I'll still have a decent amount of savings so I should be good for a while if there's a bad year, but its just adding to the stress as well, even though I'm hopeful a year or so from now I'll just be used to it, happy with the house, etc. It also increases my commute from 20 minutes to 45-50 minutes which is giving me anxiety, but pretty much what you need to do to own a house in SoCal. Just a lot of lifestyle changes I guess.
Why did the Wall Street Journal have an article today saying we are running out of land to build houses on? Lmao
It's a bad, clickbait headline but the gist -- that a combination of a lack of public investment in residential development and local governments being slow to adjust outdated land use restrictions, thus creating artificial scarcity and contributing to price inflation -- is pretty obviously true, even if it's not the entire cause of the problem.
Yeah the headline was what I was laughing at. But I also wasn’t a fan of the whining about lack of government funded infrastructure
That video supports the point made in the WSJ article At 8 minutes they acknowledge that new dense, revenue-positive mixed-use developments are currently unrealistic in most American cases because of car-centric zoning regulations. So, absent zoning changes, the realistic option for development is sprawl, which requires infrastructure, and the new infrastructure being provided currently disproportionally benefits commercial developments that generate more revenue/acre for the locality than residential (graphic at 6:45), which leaves limited new infrastructure for new residential development, which drives up the cost of scarcely available development-ready residential land. The whole point of the article was that inflated residential real estate prices are being exacerbated by governments failing to address either side of the zoning/infrastructure coin.
So I have a somewhat odd question and I’m sure I’ll get some ridiculous answers, anyways… my mom passed away almost 2 years ago and I inherited her condo. It’s unique as it has 3 carports assigned to her condo and all other units have 1 carport. The neighbor next door really wants one of them and will pay for one (buy it not lease/ buy_dont_lease lol) This is allowable per the hoa board as it’s a personal agreement between the two parties (me and neighbor). 1) How does an agreement like this get written up? 2) What the hell is the valuation on 1 carport?
It sounds like it's property of yours (like the condo itself) so I'd imagine some sort of sales agreement stating what is being sold and for how much. Be specific in what is being sold. Valuation- no clue.
Nothing makes one feel more triumphant than fixing something outside their knowledge base. Latest battle, now victory, is with a legit 75 year old tub/shower valve. Our house was built in 1952-53, and while the bathrooms are dated, to put it mildly, we like the vintage fixtures. We've updated sinks, paint, commodes, flooring, etc., but the showers are the original equipment. Our master bath shower has a Crane "Dial-Ese" valve/faucet. In that day and age (ok boomer) stuff was made to have parts replaced and more or less last forever. Ours had a slow, then more recently, consistent and quickening drip from the hot side. Found a good resource for old stuff (DEA Bath Machineries, for those in need), and ordered new stems. That didn't fix it, so got new stops last week. These parts are solid brass and seem like they might last another 75 years. Actually took me longer to source a 1/2" allen key to install them than to have the parts arrive from CA. Doped and installed last night, and now no drip! Good way to end the day. Wife should call any minute with reports of a geyser.........
Yea, I honestly have no idea either. She just keeps telling me she really wants it and to name a price and she will pay it. I don’t wanna short myself but I also don’t want to give some ridiculous price.
Are there any other condos that have either 2 or 0 carports? You could look at appraised values between those and singles to get a feel. alternatively, you could get with our resident expert on DIY carports, husking, and stressful bffs for his take.
There are only 1 or 2 other units in the entire complex with 2 carports. My mom’s has 3 and is the only one with 3. The boa board said the carports aren’t tied to the condo so that’s why a personal sale agreement is allowable. The number above the spot is all that needs to be changed.
Asked my mom who just sold her condo in tarpon springs. It didn’t have a car port. “At my condo they fell $5000 in value when they priced without carport. When I bought mine unit was listed with a carport. When we found out no carport they dropped price $2000. For $5500 you could build a carport over your assigned space.”
I believe you would just do a purchase agreement on the one spot. I believe when I owned a condo 10 years ago the parking spot was itemized. I’m not really sure but you may have to talk to a title company or something to ensure everything is filed properly and the property taxes on that carport go to the new owner. Valuation-wise, figure out what a monthly rate for carport rental would be, multiply by 12 for an annual number then divide by a discount rate of 4% or 5% for a ballpark valuation. So for instance, $75 monthly rate * 12 / .05 = $18k or at 4% is $22.5k. We were paying $75/month parking for an additional car and the going rate for selling parking spots were $18k. Oh yeah, and if there are incremental fees to the HOA for having an extra spot you can deduct that from the monthly rent (make it net rent).
Reached out to the property management company to see if this is permitted or has been done before and go from there. Thanks for the info fellas.
Document wise, you may need to deed the parking lot the buyer (do you pay property taxes specifically on the parking spaces? if so, then probably a deed involved). Once you figure out current valuation, you'll also want to figure out the valuation 2 years ago when she passed, as that'll be your tax basis for computing taxable gain on the sale (if any). Probably easier to do now when you're doing it for the sale than when you're filing taxes
we have two deeded spots in our building. could probably work backwards from any knowledge of how much people pay for rental spots to get a sale price. sales are relatively often here on spots as they're worth a ton now.
Been patiently looking for the right house or land in the town we like for over a year. Found something we liked and put a bid in. Seller accepted a competing CASH offer somewhere north of $1.25M. I don't live in LA.