
MikeDATiger116
Favorite team: | LSU ![]() |
Location: | Prairieville |
Biography: | Southern boy just looking to enjoy life and it's fruits. |
Interests: | LSU, Cars, and Working around the house |
Occupation: | ENG |
Number of Posts: | 16 |
Registered on: | 7/26/2016 |
Online Status: | Not Online |
Recent Posts
Message
re: Where to put some extra money?
Posted by MikeDATiger116 on 1/23/20 at 2:11 pm
Another option is to put it in a high yield savings if it's for an emergency fund. If you rather invest it, then put int in a low fee mutual fund like VTSAX that covers the entire US market. Average returns over the last 100 years is like 10-12%. Again, this is for long term money (minimum 5 years) since the market can get volatile' over short periods.
re: I feel like I’ll never get to where I want to be
Posted by MikeDATiger116 on 10/28/19 at 1:59 pm
You guys makes a boat load of money. You could be saving it or spending a lot of it. It depends on the lifestyle you want. Everyone has already posted good responses on 1)Track your spending to see if you truly are spending on what you want to spend on right now. 2) Determine what is a want and what is a need.
It usually is a spending problems and folks tend to buy the latest gadgets or cars to keep up with the joneses, etc.
There is no point in just having land and saying 'I now have land'. Trust me, it gets old quick and you'll want to build something on it which takes a shite ton more money. I would focus on saving up for what yall really want and don't purchase until you have the funds. Either that or get more into debt. Gotta choose
It usually is a spending problems and folks tend to buy the latest gadgets or cars to keep up with the joneses, etc.
There is no point in just having land and saying 'I now have land'. Trust me, it gets old quick and you'll want to build something on it which takes a shite ton more money. I would focus on saving up for what yall really want and don't purchase until you have the funds. Either that or get more into debt. Gotta choose
re: College admissions Scandal: is the system broken?
Posted by MikeDATiger116 on 10/28/19 at 10:35 am
Gary V said it right when he said, that this entire stunt is publicized and will show everyone how little faith the parents had in their kids abilities.
They messed up raising them in terms of academics, I think one of the daughters is like some YT influencer with makeup and whatever. The daughters are claiming they knew nothing but likely did and are playing their role. It's death spiral of these kids self esteem all started by bad parenting.
They messed up raising them in terms of academics, I think one of the daughters is like some YT influencer with makeup and whatever. The daughters are claiming they knew nothing but likely did and are playing their role. It's death spiral of these kids self esteem all started by bad parenting.
re: DIY friendly home builders
Posted by MikeDATiger116 on 10/21/16 at 2:35 pm
BR does not allow self contract? Like get your own subs? Or do you mean self build?
re: DIY friendly home builders
Posted by MikeDATiger116 on 10/21/16 at 1:26 pm
I know it'll be a good amount of work on my end. I think a large concern is making sure the work done by the contractor is done right and warrantied. If I jack up the finishes it would be on me. Thanks all for helping and sounds like it's possible but need to clarify this well in writing with the contractors in an itemized format. Shoot me a message or post here if any other recommendations.
re: DIY friendly home builders
Posted by MikeDATiger116 on 10/20/16 at 10:21 am
quote:
Personally, you would have to pay me the profit I would have marked up that sub price for me to do the QC
I hear you. So long as you can get it to the point where I can work on it myself to finish the rest at an agreeable price. Are you a builder?
re: DIY friendly home builders
Posted by MikeDATiger116 on 10/20/16 at 10:12 am
quote:
I work for Cretin Homes
ole boy Brady Foret on y'alls FB page 3 kinds of pissed off at y'all for putting 1/2" water lines in his home y'all built for him. Who the frick puts 1/2" water mains in a home?
If y'all cheap arse enough to do that wonder what other kind of corners you cut .
I'll definitely put you guys on the list. Again QC is my main concern so hope to feel comfortable with who I choose.
I work for Cretin Homes
ole boy Brady Foret on y'alls FB page 3 kinds of pissed off at y'all for putting 1/2" water lines in his home y'all built for him. Who the frick puts 1/2" water mains in a home?
If y'all cheap arse enough to do that wonder what other kind of corners you cut .
I'll definitely put you guys on the list. Again QC is my main concern so hope to feel comfortable with who I choose.
re: DIY friendly home builders
Posted by MikeDATiger116 on 10/20/16 at 7:55 am
quote:
DIY friendly home builders
Man that's going to be tough in Prairieville @ $75 (I'm assuming lot included since not specified) The biggest thing I see is that you doing any work delays the build versus a sub. Contractors build as a business, and floating a loan on a build hurts if added time is involved. You may do better building it yourself, and hiring a general foreman to oversee it.
Lot not included in that price. Any suggestions on where to find a licensed foreman? I really have no idea how the homebuilding business works. Just more of a guy who knows how to swing a hammer every once in a while. My main concern with sub is doing proper QC when each phase is complete so would a foreman or contractor be willing to do my inspections and how do I trust them? Thanks
re: DIY friendly home builders
Posted by MikeDATiger116 on 10/20/16 at 7:37 am
I never gave a thought about financing much, but I also would finance over 50% myself if the final number was within my range. I'll definitely talk with a local bank to see what they require, I guess it would be a self construction loan of some sort. But if I had a local builder that would be willing to give me a price on doing the 'front end' work then maybe the banks would be more willing. Unless they don't trust me for the finishing work...
I'd love to get mine built for 52k. lol
I'd love to get mine built for 52k. lol
re: DIY friendly home builders
Posted by MikeDATiger116 on 10/20/16 at 7:33 am
Thanks for the suggestion. I'll give them a look. Just wanting to get my 'call list' ready of reputable guys that would be willing to do something like this.
re: DIY friendly home builders
Posted by MikeDATiger116 on 10/20/16 at 7:20 am
Lol. I appreciate this comment. I actually have it pasted on my work door for some time. I think I can, just need some reassurance.
re: DIY friendly home builders
Posted by MikeDATiger116 on 10/20/16 at 7:18 am
if I have to, I could. I would have to get a heloc or pull loan from 401k and just refinance after.
DIY friendly home builders
Posted by MikeDATiger116 on 10/20/16 at 6:48 am
I've read a lot of threads on cost per sf to build a home but not much about if you want to do some of the work yourself to save a little. We are a single income family with two young kids so anything we can save helps. I live in Prairieville and would like to stay close to around here. Looking to see if anyone knows a builder who would be willing to allow some diy (mostly finishing work) so I could save some money on the back end. I'm looking to get a builder to do the front end (pull permits, grade, frame, rough ins, drywall finishing, outside finishing) and I do the rest. Has anyone done this? I have thought about subcontracting but i'm worried about not enough time in keeping the guys in line. What are your recommendations? Will I be saving a decent amount? I'm looking at about 2000 sq ft living home. My budget is trying to get a home built for $75/sq ft (not including lot) Thanks for any replies.
Popular