Off topic thread

hurfdurf · 13 May 2011 at 22:36

griffo_001 said:
How so, out of interest?

To me they both seem to represent similar brand values of engineering, solidity and well.... Teutonic-ness And tbqh both leave me feeling cold as a result.

Obviously the Boxter will be less practical, but that can't be the only/real reason surely?

Allow me to draw you a ven diagram

[TW]Fox · 13 May 2011 at 22:43

Simon said:
When are you planning to buy a house Fox. Is the 335i the last hurrah before bricks ?

I plan to buy a house in about 2 years time. The 330i/335i won't affect this (And this is indeed part of the reason why I am completely ignoring the sort of exotic machinery most petrolheads would be looking at instead of a relatively ordinary 3 Series).

DM · 13 May 2011 at 22:51

[TW]Fox;19131381 said:
I plan to buy a house in about 2 years time. The 330i/335i won't affect this (And this is indeed part of the reason why I am completely ignoring the sort of exotic machinery most petrolheads would be looking at instead of a relatively ordinary 3 Series).

Get one and get it let out, stay where you are as long as you can, its not like your stuck for space at home.

[TW]Fox · 13 May 2011 at 22:53

DM said:
Get one and get it let out, stay where you are as long as you can, its not like your stuck for space at home.

I love living here, it's awesome.

But at some point, there is somebody else I'd rather live with

DM · 13 May 2011 at 22:56

[TW]Fox;19131438 said:
I love living here, it's awesome.

But at some point, there is somebody else I'd rather live with

So you move her in there with you, seriously in your boat with your brain you could have 3 buy to lets under your belt in a few years without having to step out the door.

It dont mean nothing now, but that when you retire is a tidy nest egg, for little investment up front.

Joshy · 13 May 2011 at 23:02

Gaygle said:
Save up so you have a bit more than £3k and then get something you'll be happy with for longer than 2 minutes

Regarding the 2 minutes comment it is worth remembering that the Soarer has been with me for more than a year which is unheard of when it comes to me. My average is 3 months before I hand over the cash for something new. That car has been the only thing that has managed to make me change my ways

.

It might be **** and you lot might want to take the ****, but its my **** at the end of the day. I do like it but I don't want to get to the point where I'm spending good money after bad without realizing it. It was enough of a shock to realize that I'm 1500 quid down on it already and I haven't even tried. I'll be another grand down on tidying it up easy and they will still be issues. I am just taking a bit of time to consider if that grand wouldn't be better spent on another car.

sigma · 13 May 2011 at 23:08

Joshy said:
Regarding the 2 minutes comment it is worth remembering that the Soarer has been with me for more than a year which is unheard of when it comes to me. My average is 3 months before I hand over the cash for something new. That car has been the only thing that has managed to make me change my ways .

It might be **** and you lot might want to take the ****, but its my **** at the end of the day. I do like it but I don't want to get to the point where I'm spending good money after bad without realizing it. It was enough of a shock to realize that I'm 1500 quid down on it already and I haven't even tried. I'll be another grand down on tidying it up easy and they will still be issues. I am just taking a bit of time to consider if that grand wouldn't be better spent on another car.

Why not just stop tidying it it up and leave it as it is for now then? Just keep it roadworthy.

If you chop and change cars so often there is no way a £3k will satisfy you and tick all the boxes? You keep saying everyone says your car is **** but I've only noticed people commenting a few times.... it's obviously getting to you.

If you're happy with the car why not just save up more than £3k? It's going to take time but it saves ****ing about, you'll compare everything to the Soarer and you'll never be happy. You want the moon on a stick (we all do) but £3k isn't going to buy that, sadly.

hurfdurf · 13 May 2011 at 23:21

DM said:
So you move her in there with you, seriously in your boat with your brain you could have 3 buy to lets under your belt in a few years without having to step out the door.

It dont mean nothing now, but that when you retire is a tidy nest egg, for little investment up front.

Until you get a housing crash. My friend purchased a flat in Cardiff that was one of twelve from a bank that a brother and sister had purchased as buy to lets and failed to rent them all out to cover the payments on them. It's easy to be put off when you hear of stories like that.

DM · 13 May 2011 at 23:29

hurfdurf said:
Until you get a housing crash. My friend purchased a flat in Cardiff that was one of twelve from a bank that a brother and sister had purchased as buy to lets and failed to rent them all out to cover the payments on them. It's easy to be put off when you hear of stories like that.

Location location location, buy in the right place and you will never have gaps in lets.

Another thing people fall over doing is trying to eek a living out of rentals, my plan would be self investing, draw not a penny out, anything over and above the mortgage would be banked for rainy days.

Im not saying its perfect but its steady and it works.

Fr0dders · 13 May 2011 at 23:30

hurfdurf said:
Until you get a housing crash. My friend purchased a flat in Cardiff that was one of twelve from a bank that a brother and sister had purchased as buy to lets and failed to rent them all out to cover the payments on them. It's easy to be put off when you hear of stories like that.

on the other hand if you buy right you can do well out of it.

We bought our first house when mortgages were easy to get. We had a relatively small deposit made up of money that my family had saved up for me over the years. We put the whole lot down and owned the house for 3 years. In that 3 years the price of the house went up nearly £40k, over 50 % in value.

At the height of the property price boom we sold up, took our 40k profit and moved out of the area, moved out of the city totally and moved 100 miles north and bought a house in an area that wasn't particularly expensive and got us much better value for money that we got down south.

Yes buying houses can be risky, but it can often be very worth it. We currently only owe around 50 % of our house's value as a mortgage, which is a nice place to be in at 28.

As Mark says, its all about buying smart, and about buying in the right location.

DM · 13 May 2011 at 23:37

People always say there are better ways to get a few quid, better returns.

Me i say if you can get a few started by the time your 3o, 35 whatever its a nice steady plod, just buy them and forget them.

Buy by uni's, do it hands on, put up with a few nightmares, students are pain, but they are pure ATM's and you can pack them in a house nicely.

A few hours a week work keeping on top of them, in the long run its good money.

Us we dont bother now, Castles let all ours but starting off do it yaself. If i knew at 20 what i know now id have 5 times what i got now.

hurfdurf · 14 May 2011 at 01:11

I think a lot of people have missed the boat and the housing bubble and inflation has mortgaged this oncoming generations future to sodomy.

I heard an expert say this on the radio and cannot remember his justification for it but I remember agreeing with him and being annoyed I had missed the boat by 10 years.

Scania · 14 May 2011 at 01:34

DM said:
So you move her in there with you, seriously in your boat with your brain you could have 3 buy to lets under your belt in a few years without having to step out the door.

It dont mean nothing now, but that when you retire is a tidy nest egg, for little investment up front.

Damn good advice.

Fr0dders · 14 May 2011 at 02:22

hurfdurf said:
I think a lot of people have missed the boat and the housing bubble and inflation has mortgaged this oncoming generations future to sodomy.

I heard an expert say this on the radio and cannot remember his justification for it but I remember agreeing with him and being annoyed I had missed the boat by 10 years.

probably true

i can't see the house prices going back to the silly prices that were around when we sold our first property any time soon.

Prices were that high because everybody was getting cheap debt they couldn't afford. That won't come back.

hurfdurf · 14 May 2011 at 03:51

It is spreading

http://forums.overclockers.co.uk/showpost.php?p=19132513&postcount=179

Soon gentlemen, soon this forum will be ours!

Scania · 14 May 2011 at 04:21

It already is.

Where would it be without us?

hurfdurf · 14 May 2011 at 04:26

R420LA6X2/4MNA said:
It already is.

Where would it be without us?

There would be bad posts going completely unchecked and previously banned members making new accounts and claiming to be purchasing a RR Sport's and said members taking days to be banned whilst certain top tier members were calling it from the offset.

loltim · 14 May 2011 at 05:25

hurfdurf said:
previously banned members making new accounts

I can't imagine that happening.

Joe T · 14 May 2011 at 08:38

MrLOL said:
probably true

i can't see the house prices going back to the silly prices that were around when we sold our first property any time soon.

Prices were that high because everybody was getting cheap debt they couldn't afford. That won't come back.

I agree. No more free lunches.

Jonnycoupe · 14 May 2011 at 10:06

DM said:
So you move her in there with you, seriously in your boat with your brain you could have 3 buy to lets under your belt in a few years without having to step out the door.

It dont mean nothing now, but that when you retire is a tidy nest egg, for little investment up front.

Fox like most of us doesnt have 60k lying around though? 100% BTL mortgages dont exist anymore do they?