Car Talk 6: Best of times and Worst of Times

[wap]

This is a very pretty house. Nicely done Dan! I’m jealous af.

Thanks man! Looking forward to it but also dreading the move.

When's closing/move-in date?

[Melon2.0]

Towport goes towing.

[wap]

You moving?

[Johnny_P]

This is a very pretty house. Nicely done Dan! I’m jealous af.

Thanks man! Looking forward to it but also dreading the move.

We paid a company to move us last time and it was great. Had to box everything up and purge but they did all the lifting. Worth it.

[Melon2.0]

You moving?

Moving some stuff around and didn't want to make multiple trips. Also, wanted to see how the PP did with towing.

[D Griff]

Thanks man! Looking forward to it but also dreading the move.

We paid a company to move us last time and it was great. Had to box everything up and purge but they did all the lifting. Worth it.

Yep, we will get movers... whatever the rule about not asking people over 30 to help you move feels applicable. I wouldn't mind helping with heavy lifting, honestly boxing up is my least favorite part.

[D Griff]

Thanks man! Looking forward to it but also dreading the move.

When's closing/move-in date?

Closing on 8/1, going to move I think the following weekend, will be getting the current pad listed stat. We are going to try the renting it out thing, hopefully they don't destroy our house. I feel like at $2500/month you must generally get decent quality individuals. It's a great setup for a couple or people with one kid, not great for roommates, so that should work out well too.

[D Griff]

Had and in the 86 today.

[coogles]

Had and in the 86 today.

My GR86 is doggo-approved as well.

[D Griff]

Had and in the 86 today.

My GR86 is doggo-approved as well.

[Johnny_P]

Had and in the 86 today.

Any power slide giggles from the peanut?

[max225]

You moving?

Moving some stuff around and didn't want to make multiple trips. Also, wanted to see how the PP did with towing.

[golftdibrad1]

how far away is it? Its doable, but choose tenants wisely....

It's like a 10 minute bike ride, maybe two miles. Looking at a property manager that takes an 8% cut, he thinks we can rent for $2500+, if we can take in $2300 we're breaking even.

I think it makes sense on paper, only thing that gives me pause is we're using a lot of our cash reserves to buy the new place, so we'll have a $2K more/month payment (doable) but it'll be hard to rebuild the savings and make the handful of improvements to the new place we'd like to do. I think if renting turns out to be not terrible, it's worth it in the longer run to just be a bit more tight with budgeting over the next couple of years.

Well, just throwing this out there, thats 8% more you could be making. You could put it into its own savings for turnover expenses, house maintenance, and mortgage in between tenants. Its close enough to self manage without too much PITA. I can give you my lease template to help get started if you want.

Depending on how much the property manager actually does, it MIGHT be worth it. In louisiana they were pretty much just crap middle men, TN seems similar, but maybe NC has better options. If they really just deal with issues and send the bill, have handymen on staff, and deal with evictions and whatnot, its probably worth it. All the ones I looked into were basically a glorified payment processing service and literal middle men.

[Melon2.0]

Moving some stuff around and didn't want to make multiple trips. Also, wanted to see how the PP did with towing.

17.5 MPG, mostly highway.
PP towed really well, TOW mode disables VCM, so running on all 6 the whole time.
Backing up is really easy with a shorter vehicle, and the additional cameras are really nice.

[Melon2.0]

Had and in the 86 today.

Charlie.

[MrH42]

Yep, I kinda want to borrow it and hope he just forgets about it! He owns four F150s and just a bunch of vehicles overall, so I don’t think he uses it much.

What’s the back story on the F150 collector.?!

When I met my now Father-In-Law, he had 3 F-150s and 1 F-250.

Makes zero sense to me. He has since sold one of them. Upgraded his F-250. He'll lose his work F-150 when he retires in the next year or so.

[D Griff]

What’s the back story on the F150 collector.?!

When I met my now Father-In-Law, he had 3 F-150s and 1 F-250.

Makes zero sense to me. He has since sold one of them. Upgraded his F-250. He'll lose his work F-150 when he retires in the next year or so.

It makes zero sense to me either... but obviously it's not an uncommon type

[D Griff]

It's like a 10 minute bike ride, maybe two miles. Looking at a property manager that takes an 8% cut, he thinks we can rent for $2500+, if we can take in $2300 we're breaking even.

I think it makes sense on paper, only thing that gives me pause is we're using a lot of our cash reserves to buy the new place, so we'll have a $2K more/month payment (doable) but it'll be hard to rebuild the savings and make the handful of improvements to the new place we'd like to do. I think if renting turns out to be not terrible, it's worth it in the longer run to just be a bit more tight with budgeting over the next couple of years.

Well, just throwing this out there, thats 8% more you could be making. You could put it into its own savings for turnover expenses, house maintenance, and mortgage in between tenants. Its close enough to self manage without too much PITA. I can give you my lease template to help get started if you want.

Depending on how much the property manager actually does, it MIGHT be worth it. In louisiana they were pretty much just crap middle men, TN seems similar, but maybe NC has better options. If they really just deal with issues and send the bill, have handymen on staff, and deal with evictions and whatnot, its probably worth it. All the ones I looked into were basically a glorified payment processing service and literal middle men.

Jeremy uses this guy and he seems pretty legit. You can set a threshold on issues you want to hear about - like if you just want him to deal with anything sub $300, you don't hear about it other than your monthly statement where it gets deducted.

On one hand, you're it's another ~$200 we could get each month, but between working, being parents, taking care of the new house, etc. it feels a bit daunting to take on another responsibility.

[MrH42]

When I met my now Father-In-Law, he had 3 F-150s and 1 F-250.

Makes zero sense to me. He has since sold one of them. Upgraded his F-250. He'll lose his work F-150 when he retires in the next year or so.

It makes zero sense to me either... but obviously it's not an uncommon type

He had his pristine 90s F-150 that he sold to his brother. He has his daily ecoboost late 2010s crew cab w/ long bed as his daily (that he doesn't drive daily). He has his work F-150 that he drives to the office and job sites every day. His Platinum F-250 diesel is for towing the camper?

I always gave my wife's brother shit because he drove a Ford Fusion, but I had a Lightning. I was the son his dad never had, because I joined the Ford Truck family. He just bought a Ranger Raptor last week, so now his father can finally accept him.

[J-Ho-Fo-Show69]

Well, just throwing this out there, thats 8% more you could be making. You could put it into its own savings for turnover expenses, house maintenance, and mortgage in between tenants. Its close enough to self manage without too much PITA. I can give you my lease template to help get started if you want.

Depending on how much the property manager actually does, it MIGHT be worth it. In louisiana they were pretty much just crap middle men, TN seems similar, but maybe NC has better options. If they really just deal with issues and send the bill, have handymen on staff, and deal with evictions and whatnot, its probably worth it. All the ones I looked into were basically a glorified payment processing service and literal middle men.

Jeremy uses this guy and he seems pretty legit. You can set a threshold on issues you want to hear about - like if you just want him to deal with anything sub $300, you don't hear about it other than your monthly statement where it gets deducted.

On one hand, you're it's another ~$200 we could get each month, but between working, being parents, taking care of the new house, etc. it feels a bit daunting to take on another responsibility.

Tom just gets it done. You’re in good hands.

If you manage your own property, it’s not truly mailbox money.

I don’t want to worry about anything. I don’t want to be called, and I don’t know what makes a good tenant. He does all that, which I think is half the value.

You’re not an individual that wants to deal with that. Well worth the 8%. Having known tom
And what he has to deal with, 8% is wayyyy too low for me to take that on for anyone. Property management is a different breed.

Charlotte is a vast metropolis Brad, we have several options here for services that just aren’t available in smaller towns.

[max225]

17.5 MPG, mostly highway.
PP towed really well, TOW mode disables VCM, so running on all 6 the whole time.
Backing up is really easy with a shorter vehicle, and the additional cameras are really nice.

You got 18mpg while towing? AF

[max225]

Had and in the 86 today.

I am genuinely curious how much the passenger seat has to move up to fit the rear facing baby seat. If possible can you snag a pic of the position?
And like can you sit in front of your kid (you not the wife). Or are your legs touching the dash at that point and you're in a fetal position?

Kinda cool that car still works in a pinch! That can't be said for corvettes , miatas etc.

[max225]

Jeremy uses this guy and he seems pretty legit. You can set a threshold on issues you want to hear about - like if you just want him to deal with anything sub $300, you don't hear about it other than your monthly statement where it gets deducted.

On one hand, you're it's another ~$200 we could get each month, but between working, being parents, taking care of the new house, etc. it feels a bit daunting to take on another responsibility.

Tom just gets it done. You’re in good hands.

If you manage your own property, it’s not truly mailbox money.

I don’t want to worry about anything. I don’t want to be called, and I don’t know what makes a good tenant. He does all that, which I think is half the value.

You’re not an individual that wants to deal with that. Well worth the 8%. Having known tom
And what he has to deal with, 8% is wayyyy too low for me to take that on for anyone. Property management is a different breed.

Charlotte is a vast metropolis Brad, we have several options here for services that just aren’t available in smaller towns.

So how does that 8% work? Do you still get the cut if the building is unoccupied?

[J-Ho-Fo-Show69]

Tom just gets it done. You’re in good hands.

If you manage your own property, it’s not truly mailbox money.

I don’t want to worry about anything. I don’t want to be called, and I don’t know what makes a good tenant. He does all that, which I think is half the value.

You’re not an individual that wants to deal with that. Well worth the 8%. Having known tom
And what he has to deal with, 8% is wayyyy too low for me to take that on for anyone. Property management is a different breed.

Charlotte is a vast metropolis Brad, we have several options here for services that just aren’t available in smaller towns.

So how does that 8% work? Do you still get the cut if the building is unoccupied?

Naw bro

[D Griff]

Had and in the 86 today.

I am genuinely curious how much the passenger seat has to move up to fit the rear facing baby seat. If possible can you snag a pic of the position?
And like can you sit in front of your kid (you not the wife). Or are your legs touching the dash at that point and you're in a fetal position?

Kinda cool that car still works in a pinch! That can't be said for corvettes , miatas etc.

I can look for or grab pics. On the bolded, hell no. Wife road in it once with the baby in the back, like four miles round trip to dinner, she was completely jammed in there, legs basically sideways and still in the dash with the seatback vertically upright, she is about 5'5". It's basically one or the other.