RETIRED: Target chit chat

Dazzledby5

Joined Nov 2007

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Dazzledby5

02-11-2011 at 03:14 PM.

Quote from mama2cole

:

I can down a couple dozen.

You have rental properties, yes? I was thinking of buying something in AZ for like 80K, which would leaveit waaaay beloew the rental rateas at the moment. We would sell here then buy there as a Owner Occupied...then once we know the area better and everything is seyttled we would then buy where we knew we wanted to be, or maybe even another cheapie like that and OO it, until....Do you know the 'rules', how long do we have to owner occupy to qualify for home mortgage and not investment morgage? How did you acquire your properties?

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thismom4deals

Joined Mar 2009

meanie-in-training

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thismom4deals

02-11-2011 at 03:52 PM.

Quote from gt6mk31

:

No talk of Krispy Kreme is allowed in this thread.

They have abandoned Iowa -- except for Clive. I love their glazed. And those chocolate covered ones that are filled with that fluffy white cream.

This is probably better for my diet but I do miss a warm Krispy Kreme. On our way up to WI last year we saw a Krispy Creme sign when going through Dubuque (at a gas station) and I made dh pull in so we could get some

Soooooooo not the same when they aren't hot though

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ArielA

Joined Oct 2007

L9: Master

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ArielA

02-11-2011 at 04:08 PM.

Quote from gt6mk31

:

Rookie! It takes practice and dedication.

I guess so! Though my bro's friends would buy a dozen or 2 and eat them all and then they would all get the runs and so they all called them krispy kraps after that!

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mama2cole

Joined Aug 2008

diaper fairy

1,264 Posts

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mama2cole

02-11-2011 at 04:16 PM.

Quote from Dazzledby5

:

You have rental properties, yes? I was thinking of buying something in AZ for like 80K, which would leaveit waaaay beloew the rental rateas at the moment. We would sell here then buy there as a Owner Occupied...then once we know the area better and everything is seyttled we would then buy where we knew we wanted to be, or maybe even another cheapie like that and OO it, until....Do you know the 'rules', how long do we have to owner occupy to qualify for home mortgage and not investment morgage? How did you acquire your properties?

We bought locally and I have NO IDEA about the tax implications or anything like that. DH and our accountant handle all of that. If you have someone at your bank you can contact, you might just want to email or call them and say "hey, we want to borrow 80k for an investment property, what's the current rate" just to get an idea. We paid cash for ours so I don't really know what to tell you. Rates are low now and may go up soon so you might not even want to refinance as a home mortgage when the time comes. Hard to tell. How we acquire ours...

DH likes to spend his free time looking for cheap properties or foreclosures. He loves it. We've looked at tons of condos and stuff over the last few years, made tons of offers. Right now we just own the 1, but I would suspect we'll be adding another eventually. We're always looking for a smokin' good deal on something that needs work, but nothing structural.

Speaking of taxes... just heard from our accountant that we're getting a return this year. A big one. In the 10 years we've been married we've only gotten $$ back once and it was less than $200. I'm SO excited.

We almost always owe, which is fine, we plan for that, but not this year baby!!!

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tn_native

Joined Dec 2008

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tn_native

02-11-2011 at 05:01 PM.

Quote from thismom4deals

:

This is probably better for my diet but I do miss a warm Krispy Kreme. On our way up to WI last year we saw a Krispy Creme sign when going through Dubuque (at a gas station) and I made dh pull in so we could get some

Soooooooo not the same when they aren't hot though

The microwave (sorry gg

) does wonders to re-heat them

I think it's either 8 seconds or 18 seconds (it's on the box when you buy them from the Krispy Kreme store). Mmmm good

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Last edited by tn_native February 11, 2011 at 05:06 PM.

Dazzledby5

Joined Nov 2007

L6: Expert

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Dazzledby5

02-11-2011 at 05:20 PM.

Quote from mama2cole

:

We bought locally and I have NO IDEA about the tax implications or anything like that. DH and our accountant handle all of that. If you have someone at your bank you can contact, you might just want to email or call them and say "hey, we want to borrow 80k for an investment property, what's the current rate" just to get an idea. We paid cash for ours so I don't really know what to tell you. Rates are low now and may go up soon so you might not even want to refinance as a home mortgage when the time comes. Hard to tell. How we acquire ours...

DH likes to spend his free time looking for cheap properties or foreclosures. He loves it. We've looked at tons of condos and stuff over the last few years, made tons of offers. Right now we just own the 1, but I would suspect we'll be adding another eventually. We're always looking for a smokin' good deal on something that needs work, but nothing structural.

Speaking of taxes... just heard from our accountant that we're getting a return this year. A big one. In the 10 years we've been married we've only gotten $$ back once and it was less than $200. I'm SO excited.

We almost always owe, which is fine, we plan for that, but not this year baby!!!

Holy chit, you paid cash

That is not a foreseeable option for us but we want to sell here in NC, move to AZ, then get a 5 bed 3 bath 3000 sq ft for like $80K, live in it for a while then rent it out after we find a big better home for us. I was just wondering what the inside scoop was. MY fil used to be a landlord and hated it but I figure the higher the cost of rent the higher quality of renters to deal with, he was in the ghetto, I'll be in the suburbs.

How is the selling going for you so far? I remember you got a offer not to long ago.

We have completed nearly all the renos, will be putting on the last coat of paint in the basement rooms then waiting on my state refund to get the new kitchen cabinets and counters - then on the market :yay:

I am thinking of doing another YS tomorrow - the 1st weekend of the month after everyone gets thier SS and disability and it is supposed to be high 50s.

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_Gator_

Joined Jan 2006

MBE hell

4,274 Posts

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_Gator_

02-11-2011 at 05:22 PM.

Quote from mama2cole

:

We bought locally and I have NO IDEA about the tax implications or anything like that. DH and our accountant handle all of that. If you have someone at your bank you can contact, you might just want to email or call them and say "hey, we want to borrow 80k for an investment property, what's the current rate" just to get an idea. We paid cash for ours so I don't really know what to tell you. Rates are low now and may go up soon so you might not even want to refinance as a home mortgage when the time comes. Hard to tell. How we acquire ours...

DH likes to spend his free time looking for cheap properties or foreclosures. He loves it. We've looked at tons of condos and stuff over the last few years, made tons of offers. Right now we just own the 1, but I would suspect we'll be adding another eventually. We're always looking for a smokin' good deal on something that needs work, but nothing structural.

Speaking of taxes... just heard from our accountant that we're getting a return this year. A big one. In the 10 years we've been married we've only gotten $$ back once and it was less than $200. I'm SO excited.

We almost always owe, which is fine, we plan for that, but not this year baby!!!

When I was pregnant with 1st DS, I ate 6 chocolate glazed KK donuts at least 2x per week.

Then the only one in town closed before I was preg with little man. Good thing...I gained 20lbs less the 2nd time around

No. Not pregnant again over here. Some days I really have baby fever again, but then 1 day like today with the kids and I think, no freaking way. I mean, we definitely want at least 1 more and would like to reclaim our youth asap but having two in the terrible stage is really hard right now. I was just tossing around ideas with a dear friend about cloth diapers. Thanks for the info.

So, on topic of poop: We are still struggling with big boy and the potty. He is less resistant...meaning he has stopped hitting me and yelling at me when I take him into the bathroom. That is progress. But now, he is definitely holding in the poop. Pee is no problem but he can go a few days without a successful poop in the potty.

Anyways, he has become very fascinated by poop though. He is constantly checking his younger brother's diapers and proudly telling me that he has a poopy diaper (as if I can't smell it). Then, he watches me change the diaper, and when he sees the poop he yells "Ewww, that's disgusting!" He gets FURIOUS if I won't open up the diaper and show him the poop. Weird?

m2c: Awesome about the tax refund! maybe you can sock some away for the new floor plans

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mama2cole

Joined Aug 2008

diaper fairy

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mama2cole

02-11-2011 at 05:30 PM.

Quote from Dazzledby5

:

How is the selling going for you so far? I remember you got a offer not to long ago.

No offers yet. We had a 2nd showing and then another showing last weekend. I honestly don't think it will sell until the summer. The market is just now starting to pick up a little around here. Whatever, it will sell eventually. We close on the lot on Wednesday. They messed up something on the survey that OUR lawyer friend who was just looking over the paperwork as a favor discovered. I was beyond pissed and I'm making them redo it. But it should be done and everything is ready to go for next week.

Quote from gatorcater

:

m2c: Awesome about the tax refund! maybe you can sock some away for the new floor plans

Yep. And we're going to take a nice family vacation this year. We're going to Boston as a family at the end of May and then DH and I are going to Vegas (BY OURSELVES) in June for our 10th anniversary. That refund will go to good use!

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love2beeamom

Joined Mar 2008

L7: Teacher

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love2beeamom

02-11-2011 at 05:32 PM.

Quote from tn_native

:

The microwave (sorry gg

) does wonders to re-heat them

I think it's either 8 seconds or 18 seconds (it's on the box when you buy them from the Krispy Kreme store). Mmmm good

I agree.. We always eat about half of what we buy when they are hot.. then we bring the rest home and nuke them for about 15 secs and eat them with a fork

My inlaws live down the street from the KK and we used to always stop by when we went for a visit!

My sister is on the plane to return home. It was bittersweet. We both cried when she left. She has always been my best friend, but I realized with this visit how we have become different in many ways.. Her daughter and my daughter are only 2 weeks apart in age. They used to be so close, but now, they each are so different as well. My sister thought I was crazy and didn't agree when I told her I was glad my 16 yo doesn't have a serious boyfriend right now. I want her to finish high school, go to college, etc.. before getting serious.. My sister doesn't see it that way. She told me she wants her daughter to start a family by her early 20's so she will have plenty of time is she wants lots of children.. My niece has had a BF for the last 6 months or so and they all talk about how she will marry him as soon as she turns 18.. Don't get me wrong, I married my DH when I was 19.. but, it was HARD.. And I graduated from college 6 months later

Anyway, when my sister was here, it was so hard to eat well. she always wanted to eat out, get a snack, etc.. And she drinks a ton of coffee.. nothing unusual for her to go by starbucks 2 or 3 times a day where she lives.

It was also nice to see some other family that I don't get to visit often. On wednesday, 4 of us sisters went to lunch.. We sat and talked for hours. Didn't realize how time had gotten away from us. We were at the restaurant until almost dinner time

And one night I met with my older brother and my sister.. I normally only see him once or twice a year

On a sad note, I found out that my grandmother passed away and was buried last month and no one told us

We have never been super close with my dad's mom, and especially after my dad died 13 years ago, we didn't visit as often. My mom would go and pick her up from time to time and she would come at the holidays.. I knew she had gotten older. When my mom passed away 3 years ago, my sister called my aunts and told them, so that they could tell grandma. They refused to tell her. Said it would upset her too bad and she was old and couldn't handle it. They didn't want us to visit and tell her either. SO, for almost 3 years, I have wanted to go visit my grandma, but wasn't sure exactly where she was living and if I should.. My brother happened to get online and was researching our family tree and found the obituary. I still can't believe no one even called to tell us.. Yeah, we weren't that close, but she was our grandma and we loved her. I regret now not doing more to try and visit her the last few years. They buried her on her 93rd birthday.. I was driving home that night and just started to cry.. something just hit me to think about getting older and how I have no grandparents or parents anymore.. and my family have all seemed to drift apart as well.. I miss having a close family

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_Gator_

Joined Jan 2006

MBE hell

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_Gator_

02-11-2011 at 05:51 PM.

Quote from love2beeamom

:

On a sad note, I found out that my grandmother passed away

Oh L2B! I cried when I read your post. I am so sorry. I would be very upset if I found out about my grandma that way. It sounds like you have a wonderful family...hopefully you can become closer to your siblings because of it all.

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tn_native

Joined Dec 2008

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tn_native

02-11-2011 at 06:25 PM.

L2BaM, I can relate about no parents or grandparents. I'm not married (never think I will be either) and have one brother (who has a slew of kids). If it's not him, there's no one. My relationship with my brother improved immensly when I moved from NoVa to Alabama. My relationship to my SIL was pretty much non-existent until I got her into couponing. That's what we always talk about now.

My Step-Sister's Step Dad (my Step-Dad's first wife's then current husband