adam
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Posts posted by adam
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It must be an Australian build.
That color on the street glide is incredible. Awesome bikes.
Haha. Thanks!
Does anyone know how to rotate the pic back to how it's supposed to be? If you "click" on it, the pic shows up correctly...
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04 Custom Chopper
13 HD Street Glide
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I still don't understand the logic behind a state requiring a permit holder to declare a LEGAL weapon at a traffic stop. A law abiding citizen that is willing to declare a weapon at a traffic stop is the same person who is of absolutely no threat to the officer. It's the criminal who isn't carrying legally who is the threat...and the same person who is not going to "declare their weapon."
You also have too many officers who want to disarm a permit holder at the stop...which is the only thing dumber than actually declaring in the first place. Every time a loaded weapon is handled (i.e. - removed from holster and unloaded) there is the opportunity for negligent discharge. Especially, when the weapon is handled by someone who doesn't know the in's and out's of the particular firearm.
I've probably been pulled over a half a dozen times with a loaded weapon on me and not once have I even considered telling the officer. FYI - in MN we are not required to do so.
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Oh, and definitely sm wing...
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Minnesota?
Huh...
That car didn't come out of Eden Prairie, MN, did it?
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Ya this is primary. Thats some of what im running into around town. 2000-2005 it was simple to borrow at 80% of the appraised value for construction loans, sign on the line and your on your way.
I havent inquired yet about private money or investor money. If anyone has any info on how this works pass it along.
Private or investor money would more than likely be too expensive.
I would avoid a broker for a construction loan. Many haven't done a construction loan in 3-4 years, and those that have, probably haven't done many. You will probably end up as a guinea pig.
I would check with the small local banks. Many of the historically conservative banks have too much capital on hand and are aggressively looking for loans. Go get your end loan approval from BoA or WF and then shop it at the local bank level.
Again, brokers are decent for cookie cutter deals, but anything out the ordinary really throws them off these days. For example, I went to a very reputable broker to finance a package of 10 rental properties that we have and they ended up giving up after a week of "looking for a lender". I then went to a local bank and they were very aggressive with the terms and got the deal done immediately. They even called this week and asked if I needed more money...
Last, I do know that if have a current relationship with Wells, they have a construction loan that seems to be pretty decent.
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Some states differ on how ownership is held. In Illinois, you own the property and the bank has a lien against it. You can do anything you want to your house, as long as the Deed is still in your name.
This whole foreclosure debacle is a mess and has caused so many problems, destroyed houses and their effect on deteriorating the values of good homes is just one of them.
Nope. Ownership is the same across all 50 states as far as I know (someone correct me if I'm wrong). If you own the house, you own the house. Now, what is different is how the security interest is held by the lender and that is what you are referring to (deed of trust vs. mortgage). Both, however, essentially accomplish the same thing. Neither one provides any more latitude than the other in how (or whether you may) destroy your house in the process of moving out during foreclosure. It's not allowed in any case.
Per the deed of trust or mortgage( i.e. - the security instrument), you CANNOT do whatever you want to the house - even though you are the legal owner. When you sign your security instrument with your lender, your rights in the property are limited and narrowed in scope. The limiting factor at hand is that you are acknowledging that you will not cause any adverse effects to the collateral.
A common example of this is when someone decides to knock their house down and rebuild. The security instrument doesn't allow this and the lender may call the loan due even though you are current on payments and are just trying to replace the home with something newer/better.
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The mortgage is on the structure and land, not the contents. Therefore the mortgage company and previous home owner have equal rights to them. Why would there be uneven entitlement either way? If that family invested in those things, then its theirs no matter where it's installed.
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Not necessarily true. The mortgage is on the structure, land and fixtures. Personal property is something that is not attached to the real property (home, building, etc.) You have every right to remove personal property (TV's, refrigerator, washer/dryer,etc.) , but you cannot remove something that is fixed to the real estate. A mortgage will typically address this. Google "Fixture vs. Chattel" to learn more.
To the OP...it is a crime to remove a fixture from the property. I have seen cases here in Minneapolis where felony charges are being brought against previous homeowners for vandalism and theft. And I fully support this. Most lenders just don't have the time/resources/motivation to pursue this.
If you don't pay your mortgage and lose your home, why should you be able to destroy the only collateral that the bank holds by removing your kitchen cabinets and bringing your HVAC system with you? It's not yours ANYMORE.
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Ok, drove a 2012 camaro 45th anniversary auto and SLOW>>>>but would probably work okay as a drive and would be more fun than an SUV.
Ris629 - SRT - 8 they do look pretty nice in the youtube video. I will try to check on of them out next.
I was in the same boat as you...needed a good daily driver and it had to be an SUV. I looked at everything and ended up with a black Yukon. I passed on the RR and Escalade for business/image reasons. My Yukon is basically the same thing as an Escalade, but much lower key. I pulled all of the emblems off and I am still surprised when at least a couple times a week someone asks me, "What kind of truck is that?" The truck is by no means "fun", but it is comfortable and it serves its purpose well.
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first of all, try a Comp-Tac inside the waistband holster - they are fantastic.
Secondly, if you have taken any competitive shooting, concealed carry courses, or know any huge personal safety gun buffs - the general consensus is that you ALWAYS carry the magazine racked with one in the chamber. Most newer guns (1911, Kimber, Glocks, Springfield XD, Walther PPS, Taurus TCP/Ruger LCP) have a combination of trigger safeties plus internal safeties that limit the firearm just "going off" unless you pull the trigger.
The #1 argument, is that if you engage in a self-defense scenario - it is shocking & you hardly know how to react for starters (despite training) and the act of racking the magazine takes 1. PRECIOUS time, especially in a close combat scenario. That half a second could very well be difference between life & death - and 2. it's just one more thing to push your body to physically do. There has been instances that this has actually caused the death of certain individuals (bad guy gets too close or grabs gun, etc)
Most strong concealed carry advocates (and of course law enforcement) carry with a round chambered....
Take it for what its worth pal, its your life....
EDIT: The kimber solo ultra carry looks sweet - I'm going to have to check that puppy out...
I always have one in the chamber. I am confident in my training/experience and confident enough in the gun (glock 19 gen4) to always have it ready to go. To me, carrying without one in the chamber is like carrying a flashlight without batteries.
I know many disagree, but that is the stance that I take.
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not sure i understand why a stock ticker is relevant? as previously stated, it seems out of place...
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Any reason for the month old bump?
More like 6 1/2 year bump!
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i've been to pole position in vegas (across from the newer palms tower)...not sure if it's the same company. we were there for a benefit for a friend who broke his back; everyone spent alot of time on the track. all the cars were electric - ton of torque - and were much faster than the cars that the tracks here in mpls have (30 mph vs 40+).
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Spend 100 or so more and get the Glock, Springfield or Sig. Right now, I personally prefer Springfields polymer lineup from a cost/value perspective, but I have had (or have) all in various chambers, and all are awesome middle of the line cost handguns. The one thing hard to beat on a glock, is that there are a ton of dealers if work needs to be done, tons of upgrades, as well as support forums. Springfield is probably 2nd on the list from this perspective, then Sig.
I would also stay away from Taurus as well, cheap piece of crap as well.
9mm is a great gun from a caliber standpoint, cheap, easy to find ammo, and you can shoot most of the day without feeling fatigue.
Agreed.
When I carry, its a Glock 19 (9mm). I prefer shooting a .40 - just more fun in my optinion, but the 9mm is so much cheaper to shoot.
But don't take our word for it. Go out and shoot every gun you're interested and DON'T buy one with renting/shooting it at a range first. Each gun feels so different - trigger pull, mussle filp, ergonomics, etc...
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I don't think a $750K offer would offend him. If HE asked, he's already prepared himself for a lowball offer. (And I won't consider $750,000 a low ball if joebiz is saying market discounts on prime asset backed paper is in the 78-84 range.)
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yay!!
in my book there's no such thing as "fake tits".
if you can touch 'em, they're real!
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I agree w/Swil.
I feel that as soon as I sit back and relax (not literally), that means that I have lost my edge. I feel that I'll always be chasing the next goal. In the beginning the motivation is always financial, then you start to look for a balance, then time becomes your greatest asset (and most expensive), etc, etc.
I love my career; I wouldn't do it if money was the primary motivating factor. I definitely feel as though reaching that point was a milestone, but I'm still paying my dues.
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Sounds like Tom Petters from here in Minneapolis. He's on trial now - being accused of bilking investors out of $3.5B. This was also a shock to those that didn't know. Many of his investors were charities and his "fundraisers" were deeply rooted in thier respective religious communities.
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I have a friend that has his own policy to rarely give deposits back. 500+ units X $800-1500 unit per year = significant income stream. Less than 30% even fight him on it.
Basically, the deposit provision is the only part of the rental contract that routinely falls in the landlord's favor.
If you have any sort of evidence of damage/repair, you are more than likely OK.
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lol, that's the top of the power food chain in the boat world next to running a turbine.
At that point you're 6 figures into each motor (x2) and they need a going through every 100 hours of run time.
You can get up into the 1100hp range on pump. Boat motors are a whole different animal compared to cars. Where a car needs to live for a few seconds at a time, these motors hold those HP numbers for an indefinite length of time, and are near 600ci V8's.
Big power boats make even super exotics look down right affordable.
$1m boat
$250k truck and trailer to move it.
$3k to fuel it
roach a prop? $18k
#6 drive goes out? $45k
yeah, it's a pricy sport. one of my business partners has a 42 mti cat - it's funny when he brings people out on the boat for a weekend and they offer up 20 bucks for gas...the $20 covers the cost of starting one of the motors. he doesn't even tell people what the running costs anymore because they are downright appauled when they hear the #'s.
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I highly doubt that the car fell off the lift. Chances are, the back wheels would come off the end of the ramp and the car would sit on the chasis.
It looks as though they pulled the car off the ramp, then tried to lift ramp for some reason...and being the idiots they are, didn't pull the car back far enough and lifted the front off the ground. It looks like the rear bumper is still intact and more than likely wouldn't be if it had really fallen off the ramp.
Thoughts?
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From what I understand, Madoff never invested a dime of the ponzi money he scammed from his clients. So if he didn't lose any of it thru bad investments, where did the estimated 13 to 20 billion go?
There is no way he spent it all on his personal lifestyle.
Soooo.....I wonder where he stashed the loot and how long it takes before Ruthie and other family members/accomplices start tapping into it.
Bernie got the sentence he deserved, but the case is far from closed.
I don't doubt that there is cash hidden, but I would be surprised if its a lot (relatively speaking). From what I've heard, people are claiming that there was just north of $10B "invested". Let's for a minute assume that that's true. That would put his balance sheet at the $30-60B under management that people are claiming to be the paper losses in this case. If you are paying dividends on even $30B at, say, 8% (his low-side returns), you are paying out approx $2.4B/year. It doesn't take much of a swing in the market to put you under and expose the whole thing. This whole thing was "financed" by new investors and a little investing here and there. Once you lose the actual investment income and experience a slow-down on new investor recruting, the shelf life shrinks fast.
I don't see the feds finding billions in hidden money in this case. The money was either spent, lost in the marketplace, or used to pay dividends and/or as principal repayment. I could see a lot of people getting hit with claw-back suits though.
Thoughts?
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If I am not mistaken, equity lines are deductible though, up to a certain amount.
Correct, as long as both the property and the debt are "qualified" under IRS guidelines.
I am not questioning the fact that mortgage interest is deductable under certain circumstances. My question lies in how they structured the HELOC so that it qualifies as either grandfathered debt or home equity debt per IRS guidelines. I'm mearly asking out of couriosity...not trying to challenge the fact that he is deducting the interest. Google "IRS Publication 936" to see what I am referring to.
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Its tax deductable because its considered mortgage interest. Only the interest is deductable.
I understand that. But refinance mortgages are not typically eligible for for interest deductions. Many people do it, but there's a cap and it's only on purchase money mortgages.
Bought a couple pro street choppers...
in Off Topic
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I might be interested in the Rooke bike. I've always wanted a single sided swing arm pro street.
Can you shoot me your email address via PM?
I don't care what anyone says, nothing beats a good, clean chopper. I ride my bagger more than the chopper, but I'd sell the bagger in a heatbeat over the chopper. I like my bagger, but even modified like mine and Mac's, they're still a dime a dozen.