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Stoner/Doom Bassists Thread, Part 90: Maxed Out

we might have cops that shoot dogs and have to pay for health care, but we'd never let a scam like that fly in the good old us of a!

no joke, that is epic fail on canada.

In countries with... like... good economies, its not that big of a deal. It bothers me when Americans scoff at European policies that WORK because they just saw "aww but we'd have to pay more taxes!" If everyone is more prosperous, you can afford to pay more taxes... so people are better and infrastructure is better all at the same time.

We just can't fathom a balanced economy like that here in America
 
Rent = burning money

Own = making money

Itz ekonomiks mayn

I just had a conversation about that while recording this weekend. The mortgage on my 3 bedroom house is less than what one of the guys pays in rent for his apartment. We were also really patient about finding the right house for the right price and we saved up a long time to put 20% cash down...and we refinanced a year or so ago when interest rates were really low. Unless you live in an old building that the landlord has owned for a long time, you're almost guaranteed to pay way more in rent than a mortgage on the same place. If the landlord is paying a mortgage on it and (hopefully) the cost of upkeep and property taxes, of course rent is going to be really high.
 
I'm considering buying my house. My landlords are selling all their properties and I have a pretty awesome opportunity at first dibs.

All future predictions of the economic and societal collapse aside, my mortgage payments will be $400 less than my current rent, insurance + taxes aren't terribly bad, and the house is solid. I plan to live there for 1-3 years then rent it out for more than I currently pay (I've always felt I got a deal on this house even as a rental.) If I take 30 years to pay it off, I'd be sinking an extra $100k in interest. So the big driver to go forward with it is few repairs needed + really good credit / low interest situation + the possible ability to pay it off in half the time.

One thing I consider personally, is that if I buy it and rent it out, my monthly income on the property via rent (even with outside property management and regular maintenance) should balance out my mortgage + tax + upkeep. So the thing would basically pay for itself until its paid off, then its either 100% passive income, or a $150k asset to sell. Not a bad deal, even though its giving me a headache getting all this information straight in my brain.

my landlord tried to talk me into a deal like this when he was trying to sell the house I live in. but I had zero desire to be a landlord, when I buy something there will not be any strangers living on my property.
luckily a Chinese couple bought the property and are letting me stay for the current rent, just have to keep maintaining the lawn and pay them in cash
 
my landlord tried to talk me into a deal like this when he was trying to sell the house I live in. but I had zero desire to be a landlord, when I buy something there will not be any strangers living on my property.
luckily a Chinese couple bought the property and are letting me stay for the current rent, just have to keep maintaining the lawn and pay them in cash

And keep 30 foreign nationals in the basement
 
In countries with... like... good economies, its not that big of a deal. It bothers me when Americans scoff at European policies that WORK because they just saw "aww but we'd have to pay more taxes!" If everyone is more prosperous, you can afford to pay more taxes... so people are better and infrastructure is better all at the same time.

We just can't fathom a balanced economy like that here in America


Who has time to worry about all that when we spend so much time getting axles and tires replaced because our roads are going to sh!t?
 
Who has time to worry about all that when we spend so much time getting axles and tires replaced because our roads are going to sh!t?

We have nice roads here in Texas I find. Always work being done. Heck in the 2 years I've been in denton they've resurfaced every road I ever though had a problem.

I-35 always being worked on to be resurfaced or widened. That does cause a lot of traffic and I think from south Austin to DFW is supposed to be one of the if bit the deadliest stretches of highway though in the us lol. I had probably close to 10 near wrecks yesterday on that stretch. People drive crazy, fast and without turn signals at unreasonably short distances from other cars and break at anything.
 
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Mike given the ever increasing gap between the upper class and the middle class, pushing the middle class way down into an area just above lower class, I'm not sure how you can make the blanket statement that house values will continue to rise and inflate. The value of a house fluctuates with the market and property is only worth what people are willing to pay for it. The average US college graduate now graduates will more than $30k in student loans, not to mention any additional debt they may have racked up, then they have to go work a minimum wage job for possibly years until something real comes along. Every year it's going to take new adults longer and longer to be in a position to buy a house. I don't see property/houses being these forever upward climbing value investments.

And askere, I'm not sure why you're even talking about how you'll be upset if the cabinet is designed to only work with certain amps. That is obviously not the case, and there is apparently something wrong with your cabinet. Talk to the person who built it instead of making wild speculations and driving yourself insane.

Regarding the 3 ports instead of four, that's how they're designed now. Mainly so they can use the same baffle design for the Dually and Dually T.


sinking money into a depreciating asset is always a bad idea. i hate the fact that i had to buy my car, worst idea ever, but i was forced to because of how much driving i was doing and i couldnt lease one for the mileage i was putting on it. you pay 20k for a car and when youd drive it off the lot its worth 17k lol, just bad. if a house in an area is not going to appreciate, dont buy one, simple as that. but generally property goes up in value. the range in value it goes up is all determined by the area.

i might be the anomaly here living near DC because theres so much work and property is always going up here so i guess im just lucky that im in this area, but i have to imagine there are plenty of areas like this in the US, usually as long as you live in or outside a large metropolitan area.
 
We have nice roads here in Texas I find. Always work being done. Heck in the 2 years I've been in denton they've resurfaced every road I ever though had a problem.

It is different when you get something like 10 feet of snow a year.

When y'all vote me in as benign dictator, things will be righted swiftly.

As long as I have a place high up in the regime I am quite ok with this.
 
if a house in an area is not going to appreciate, dont buy one, simple as that.

Yeah... see the thing about that statement is it totally negates the people that would love to change their situation financially and move, but dont have the disposable income to start that jump.

Its like saying, "Just go to college and get a good job."

Sure, let me pull $20k out of my ass a year and go to school, and then some how balance crushing student loan debt, and pay for a mortgage on property that wont be an investment with a large enough return to afford moving somewhere that will be.
 
if a house in an area is not going to appreciate, dont buy one, simple as that. but generally property goes up in value. the range in value it goes up is all determined by the area.

Just ask all the folks who bought houses during the real estate bubble. If they sold their house now it was all be at a loss. It might even out of the next 20-30 years of course depends on the market but that poopie is fickle.
 
Btw... when I sold my house that I bought for 84k I had put down 4k, made nearly 75k in payments and upgrades over 8 years. That's alot of bread. But if I rented the same place I would've spent 900 a month or more for a total of 88k over that span and no one would've given me a check for 30 grand to move out!
Sometimes, here, they would, if they want to jack up the rent more than would be legal with you living there.

Like I said, it's kinda irrelevant to me that yeah, owning is better long-term, if you can do it (depending on maintenance costs of the house in question... I grew up in one that was kinda always having something that needed fixing, so that makes me leery of owning a house, too), because I will never, ever be able to afford the initial cost.
 
How do wah pedals actually work? Like what do they actually do?

At last night's gig, another musician asked if in that one part of Catapult's song I was using like an envelope filter or some other effect like that, and since I don't know what that does either, I was just kinda confused, as I just switch on the big muff and rock my foot back and forth on my wah during that part. It occurs to me that I have no clue as to how the second part actually works, just that it makes things sound funny.


Also, why, after all these years, do SVTs still only do 4 ohms and 2 ohms? There are other heads that do 8, 4, and 2. So clearly it can be done. Why not have an 8 ohm tap?

Quoting myself, because none of you answered this before, as you were all talking about stupid houses.
 
Yeah... see the thing about that statement is it totally negates the people that would love to change their situation financially and move, but dont have the disposable income to start that jump.

Its like saying, "Just go to college and get a good job."

Sure, let me pull $20k out of my ass a year and go to school, and then some how balance crushing student loan debt, and pay for a mortgage on property that wont be an investment with a large enough return to afford moving somewhere that will be.
And some of us would rather not move, but housing is already too expensive to afford unless you make quite a bit more money than I'll ever make.