QUOTE(david i @ Aug 19 2007, 09:18 PM) [snapback]353504[/snapback]
QUOTE(Rick Krantz @ Aug 19 2007, 05:06 PM) [snapback]353498[/snapback]
David, I got that one in a fortune cookie the other day.
As for my situation, my house will be paid off in about seven year, not bad, for a refi to 15 years, took advantage of those terribly low rates. Nice to know, if nothing else, I will have established equity, in a single dwelling property, in the suburbs. I'll be 39, or about, and can do it again. I'll but a second house, keep the first one, rent the original house, use the extra $$$ to put towards my new mortgage, hopefully have two house by the time I'm 55. I have a fear, that kids in my kid's generation are going to have a real hard time earning a living to provide home ownership, with all of the outsourcing of jobs, and what not, we are in for hard times. At some point, a 5K rhr Giant will not be even a consideration, unless something is done to get the system back in line. If nothing else, I will be able to sorta gift them affordable properties, and still find a place to live myself. One thing for sure, everyone needs a place to live. 40 and 50 year mortgages, interest only loans, 6 and seven year car loans are not a good starting point.
Don't buy house next couple years. DONT buy house next couple years. Your business model has merit. Wait five years for next purchase, though. To not will be to regret. No joke. Not facetious this time.
Good chat over beer n' cheese no doubt. Come to Ohio. Hate to have to wait to Philly.
BTW still need to talk to you about those darn watches :-)
david
David, buy a house, when the market tanks in a few more months. Buy a property that is priced for the corrected market. Don't pay the inflated price for a house. It will correct, and soon.
I doubt that Ohio is gonna happen. I was hoping for DC, and that was a bust for me. Philly is only a few months away, and I'll be there in social capacity.
What's up with the watches? The automatic should be working great for you. My repair guy had that for so long, I figured he made every component over. I lost money on that venture, for sure. He said it got shocked hard, his best guess, but I told him that was impossible. Anyway, let me know, I think it had a 1 year warranty on the work done. I checked it for a few, and it kept perfect time.
As far as the other watch, I think you got Dave's contact info, right? If not, I will get it for you. I think at this point, he needs to work out that venture with you. He didn't want me handling the middle man duties last time, and now he needs to step up to the plate. If there is a problem, he needs to make it correct.
If a refund is in order, I need to bear responsibility for anything over $300. I figured the breakdown was $40 for mine, and $300 for his. If you figured a different balance or breakdown, and a refund is the route you decide, let me know, I will cover the difference, as long as you don't figure it was $339 for the one and $1 for mine.
keep me posted, either way. You know where I am.
Best!
Rick