2024 POTUS Thread...

[bbgun]

I am going to have to ask you hicks to take your stroll down memory lane to a back room.

 

[Chocolate Lab]

I am going to have to ask you hicks to take your stroll down memory lane to a back room.

 

[Cotton]

Me too. Great memories of watching that on Channel 39 at my grandparents' house in Ft Worth when I was a kid.

I was just thinking, wonder why I never see that on the streaming sites when so many other old shows are out there?

Maybe it's on Netflix or something I don't pay for.

Agent 86 had a muffugin shoe phone. The original smart watch.

 

[Chocolate Lab]

Agent 86 had a muffugin shoe phone. The original smart watch.

Young CL liked Agent 99, too.

 

[Cotton]

Young CL liked Agent 99, too.

~swoon~

 

[Genghis Khan]

muffugin

A what now?

 

[Genghis Khan]

~swoon~

Really?

 

[Chocolate Lab]

Uh oh...

 

[Cotton]

A what now?

If you add muff to motherfucking it makes more sense.

 

[Cotton]

Really?

What do you mean, really? I'm starting to get mad at you.

 

[p1_]

 

[bbgun]

She's the very definition of a lightweight. Had to drop out before she even got to Iowa. That's Presidential?

 

[Genghis Khan]

What do you mean, really? I'm starting to get mad at you.

She looks fairly plain to me.

 

[Cotton]

She looks fairly plain to me.

Dude, I'm going to let this one go. We can still be friends, though.

 

[p1_]

 

[p1_]

Really?

where's her breastesses?

 

[Plan9Misfit]

Buying property hoping that it will dramatically increase in value is essentially one of the main factors of the 2008 housing market crash, just FYI.

That’s not entirely accurate. People overextending themselves and taking ARM mortgages with ridiculous balloon rates at the back end caused it more than recognizing the appreciation in value. People have been investing in real estate for decades. But, people thinking that Hillary Clinton’s theory that “everyone deserves a home” bullshit and the creation of subprime mortgages was the catalyst. I look at real estate investing as a decade-plus investment, not a 3-5 year opportunity.

 

[Plan9Misfit]

Dirty little secret about Texas that you rarely hear mentioned... people always talk about no income tax here, but we basically make up for it with very high property taxes. If you're older and retired, you'd be better off with a state income tax and lower property taxes.

As I said earlier, I have a much higher tax rate in my house in McKinney than I do on my house in L.A. The dollars are obviously less because the purchase price was significantly lower, but the rate is very high.

 

[Cowboysrock55]

That’s not entirely accurate. People overextending themselves and taking ARM mortgages with ridiculous balloon rates at the back end caused it more than recognizing the appreciation in value. People have been investing in real estate for decades. But, people thinking that Hillary Clinton’s theory that “everyone deserves a home” bullshit and the creation of subprime mortgages was the catalyst. I look at real estate investing as a decade-plus investment, not a 3-5 year opportunity.

I agree with this. Over the long haul real estate is a good investment. Short term is risky both directions. Hell when covid hit the house market jumped crazy too.

 

[Plan9Misfit]

I agree with this. Over the long haul real estate is a good investment. Short term is risky both directions. Hell when covid hit the house market jumped crazy too.

Yep. And, as an investment, you need to be smart and strategic with your decisions and not take unnecessary risks. Picking the right location is critical. As an example, even though my house in McKinney has appreciated in value since I bought it 10 years ago, it’ll never grow at the same rate as the house in L.A. due to inventory. The hardest part for higher cost markets is being able to absorb the incredibly high costs for at least 5 years, and preferably 10, in order to maximize profit. And, since I have no plans whatsoever to keep that money in California when I sell the house, those gains will go very far either in Texas or possibly in Florida should my wife and I decide to move out that way so she can be close to the beach again.