My favorite technique to deal with this is to walk into one and then flail around like a freak. It is pretty effective in removing that strand.

That's exactly what I did this morning all the way to the mailbox.

Came back in and had a spider on the mail. Shook him off and stomped him into the kitchen tile when he hit the floor.

No harm to the environment, but didn't do the spider any favors.

Maybe try harming the environment to show it who is the boss.

No need, environment already has ax in car

Similar. I do 60 and 80

I usually do that, but one day came across a web that spanned the walkway, from handrail to handrail, about 6 feet. A 5 iron took care of him and his web.

No I wasn't carrying a 5 iron. I ran screaming back into my apartment and got it.

Moths thank you for your service

Could I get some opinions on if I am overleveraging myself with my first home purchase. My wife and I make a little under $200k a year combined. We are 29 and looking to purchase our first home. We would like to buy it in our neighborhood in the city where we currently rent for $1400 a month. I’m just starting to save for a down payment, but I assume I can save around $20,000-$30,000 over the next 6 months. The house we really like in the area range from $400,000 to $500,000. The only debts we have are student loans at low interest that total $40,000.

Are we foolish for buying a house upwards of $500,000, even though it’s what we want? I want to balance financial sensibility with desire.


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If you can save that much, why not pay off your student debt first? I don't have student debt so I don't know the potential benefits of not paying it off.

It seems like to me you should buy a house on the low range as it has more room to increase in value. Wouldn't it?

because some people want to buy a house with a down payment. sellers have to think about what the buyers are coming to the table with also, it's not always Buyer A is offering more than Buyer B so lets go with Buyer A. if Buyer B has great credit and 20% down payment and Buyer A has **** credit and no down payment, but is offering more $, these are things to think about.

additionally, student loan debt is pretty manageable, especifally if they are making 200k and only have 40k in debt. debt isn't always terrible to have because there are different types of debt. i try and explain this to my wife all the time. having money to invest in other facets is sometimes more advantageous than having zero debt because the debt we have has minimal interest rates. credit card debt with 15+% interest rates is terrible. don't do that.

not everyone can buy a cheap house in the neighborhood they want to live in or with the features they want. typically, i prefer to buy the shittiest house on an awesome block. i prefer to avoid buying the awesome house on a shitty block. i would find the price point i am comfortable with, look for houses that meet my needs. if there are none, than i'd have to move up price points (if possible), if there are tons, maybe i look at 20k lower and see what those offer, because maybe i can find something cheaper than meets all my needs and wants. house buying is a pain in the ass because it's usually a lot of research.

but just buying a lower priced house because it has more room to increase in value is kind of rubbish IMO because houses, in general, should increase proportionately. if a 300k house increases 5%, a 400k house should increase the same 5%. maybe there are differences if you're talking about a 150k house vs a 1.5M house, but i'd guess that houses near enough in price points will react generally the same to market conditions.

$500k on $200k income is fine.

there are way too many variables for anyone to give you a straight answer without more information

use this:

https://www.mortgagecalculator.org/

generally speaking, i'd guess you'd probably be ok with a 500k house making 200k year. most people leverage themselves way worse than 2.5x salary/home price and still get by. just really depends on disposable income you want to have after buying a house.

What I don't understand is he was talking about homes where they want to live being anywhere from 400k to 500k. Then all of a sudden, he is talking about buying one of the 500k houses.

Hey poster, why not go for one of the 400k houses? Are they that different from the 500k houses?

Regarding his student debt, why not save up for a year, pay off the student debt, and use remainder for a down payment on a house?

Poster, why do you want to buy in six months or so? Why not wait?

I just gave a range in the neighborhood as an example of a low end and a high end. Student loan interest is only like 4% - 5%. My wife and I have lived in a 1 bedroom apartment for 4 years now, we are tired of it and want to purchase a home. If I were to rent a 2 bedroom apartment I would be paying $2000 a month which I refuse to do.


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why would i pay off my loans that charge me 2-5% interest when i can make 5-8% investing that money someplace else?

i'm guessing the 6 month thing is because 6 months from today puts them at the beginning of march, which would be the beginning of when many houses go on the market. spring/summer typically have the most turnover due to school implications and/or wanting to sell during the nicer seasons when curb appeal tends to be at it's height.

Different strokes i guess- my wife and i are in a similar boat, 30-31, earn just below 200k combined, first house was bought in 2013 for 200k. Now we're looking and our max is around $350,000 w/ 60k-70k down. 500k seems way out of budget for us. One year old kid, no debt whatsoever.

200k minus 401k max out
~160k
160k minus 30% for taxes
~112k
112k into months /12
9.33k
cost of mortgage with 20% down 3.8% mortgage
~2.1k
plus some idk 30% for taxes and insurance?
~2.7k

Leftover: 6.63k

Is that enough money for you to do all the other stuff you do each month? Probably? Maybe? Idk depends on your lifestyle.

cit - thanks for mentioning the 401k max..i came here to do exactly that.
if you're in your 20's making 200k combined and you aren't maxing your 401k off the top, well....

15 year mortgage rates averaging 3%, 30 year 3.5%. and expected to fall

jesus ****

I will probably make the -EV decision and refi into a 15 year, as I don't trust myself to make the extra payments every month like I should on the 30 and not put them towards house projects / PLO

tempting to see if it slides to 2.875 tho

Don't have AC and haven't turned on the heater in at least a year and a half. I can't remember if we ran it at all the winter before last.

You live in Dana Point/San Clemente/Laguna Niguel???

Manhattan Beach

How big is your spare bedroom?

No spare bedroom. Guest quarters is a couch in the living room. We're in one of the remaining small houses. (1100sf or so)

Where are you purchasing the house?
In my neck of the woods you can get a 5000 sqft mansion with a backyard Oasis+pool and some land.


You need to calculate the energy cost of the square footage and add that to monthly expenses as well as $200/month pool maintenance and $200/month lawn care.
Replacing things like the roof or HVAC will also be more expensive down the road.

Larger house=more time cleaning, more upkeep, more money spent decorating

A $500k house for 2ppl seems really really excessive.
A one bedroom apartment to just a 2k sq/ft house would feel like night and day.