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View Poll Results: Percentage of home related expenses to investment portfolio
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0-5%
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55 |
83.33% |
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6-10%
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2 |
3.03% |
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11-15%
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4 |
6.06% |
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16-20%
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1 |
1.52% |
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21-25%
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2 |
3.03% |
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>25%
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0 |
0% |
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These poll choices are terrible! None fit me, but I wanted to participate.
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2 |
3.03% |
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Poll: Compare housing/shelter expenses
09-24-2016, 09:55 AM
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#1
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,212
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Poll: Compare housing/shelter expenses
Spinoff from W2R's Compare Value of residence to investment portfolio thread, here's my poll.
THIS IS JUST FOR FUN.  If you want something different, feel free to start your own poll.
Criteria for responses:
What is your (annual housing expenses) / investment portfolio.
Again - we're not looking at income sources nor NPV of pensions or rental propeerties.
However, in *my* poll we will include expenses from second (and 3rd and 4th) homes that are used by you.
Renters feel free to participate.
Expenses should include:
Mortgage + interest or rent; home owners insurance (but not umbrella); HOAs; power utilities (but not phone since that's used outside the home); home improvement/repair; property taxes; gardeners and/or housekeepers... In other words any expenses directly tied to living in your home.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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09-24-2016, 09:59 AM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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 Quote:
Originally Posted by rodi
In other words any expenses directly tied to living in your home.
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Do I include expenses for my quarterly pest control treatments? What about the cost of Off! I have to spray myself with before mowing the lawn? 
__________________
Numbers is hard
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09-24-2016, 10:01 AM
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#3
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,212
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I would include the pest control treatment... but not the OFF.... but use your own judgement.
I just modified the poll #'s because I figured my own value and it was super low.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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09-24-2016, 10:01 AM
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#4
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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0.2%
Thank you rodi, this makes me feel much better about deciding to hire a cleaning lady!
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09-24-2016, 10:02 AM
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#5
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,212
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Ok... I calculated my numbers and "all in" my annual housing expenses are just about 1% of my investment portfolio.
It is 37% of my WR and 18% of our annual spending. (We have rental and SS income on top of our withdrawals.)
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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09-24-2016, 10:07 AM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2014
Location: Spending the Kids Inheritance and living in Chicago
Posts: 17,094
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If you have a landline phone, that should be included as is part of the house expense like cable.
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09-24-2016, 10:12 AM
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#7
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Thinks s/he gets paid by the post
Join Date: Nov 2011
Posts: 3,902
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Mortgage will distort the result as it can be a large number, much of which merely reflects increasing investment in real estate. It's akin to moving cash from your bank to a VG real estate fund and calling that an expense.
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09-24-2016, 10:14 AM
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#8
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Between 0% and 1%.... specifically 0.7%.
No mortgage, no second home. Expensive insurance, lawn guy. 18% of my WR.
And yes, Meadbh, you were right to hire a cleaning lady! 
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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09-24-2016, 10:22 AM
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#9
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,212
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Quote:
Originally Posted by Sunset
If you have a landline phone, that should be included as is part of the house expense like cable.
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I agree... My percentage remains the same because we have super cheapo magic jack for our landline.
I also agree that mortgages will distort things. Just as in W2R's poll... I could borrow against my house (decreasing equity) to increase my investment portfolio...
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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09-24-2016, 10:25 AM
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#10
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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Quote:
Originally Posted by rodi
I also agree that mortgages will distort things. Just as in W2R's poll... I could borrow against my house (decreasing equity) to increase my investment portfolio...
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Which is why I posted my poll on debt ratios.
http://www.early-retirement.org/foru...ml#post1783887
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09-24-2016, 10:33 AM
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#11
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Thinks s/he gets paid by the post
Join Date: Nov 2011
Posts: 3,902
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Quote:
Originally Posted by rodi
I also agree that mortgages will distort things. Just as in W2R's poll... I could borrow against my house (decreasing equity) to increase my investment portfolio...
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For the crowd here such borrowing will not increase investment much, not as much as including the principal portion of a mortgage payment distorts expenses.
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09-24-2016, 10:37 AM
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#12
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Recycles dryer sheets
Join Date: Aug 2013
Posts: 275
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0.46% based on OP instructions. No mortgage and I do pay for monthly landscaping. ~22% of yearly WR.
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09-24-2016, 10:52 AM
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#13
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Recycles dryer sheets
Join Date: May 2011
Location: Austin
Posts: 375
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I am not sure whether people here factor in their big repair. For the 8 years I live in my current house, I had 2 of those. This year, I need to pay around $5K to get roof replaced, even though I bought my house new.
Properties tax is a biggie for me at 2.5%. I assume all others will be around 1.5%. Based on my house is 20% of my investment (from the other poll), my expense should be about 0.8% of that.
I think most people will be in 0-5% in this poll.
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09-24-2016, 12:38 PM
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#14
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Full time employment: Posting here.
Join Date: Sep 2014
Posts: 645
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My housing expenses run about 29% of my annual expenses and 1.5% of investment assets. The mortgage is the bulk of it, and I included the extra monthly payment I make in the expenses and the mortgage will be paid off in 4 years which will drop the % to about .75% of assets.
Sent from my iPad using Early Retirement Forum
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09-24-2016, 01:05 PM
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#15
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Full time employment: Posting here.
Join Date: Jul 2011
Posts: 723
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Still have a mortgage - I'm at about 2.4%.
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09-24-2016, 02:27 PM
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#16
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,212
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Quote:
Originally Posted by HillCountry
I am not sure whether people here factor in their big repair. For the 8 years I live in my current house, I had 2 of those. This year, I need to pay around $5K to get roof replaced, even though I bought my house new.
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I did. I put $8k/year for home repair and upgrades. We've been upgrading of late. New master bath last year, new carpet and a few more windows this year. Fortunately, for the windows and bathroom DH is the labor.... Saves us big bucks.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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09-24-2016, 03:33 PM
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#17
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Recycles dryer sheets
Join Date: Feb 2013
Location: San Jose
Posts: 291
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Should the bins be divided by 10 to break up that top bar? Mine would be 0-0.5%.
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09-24-2016, 03:49 PM
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#18
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Thinks s/he gets paid by the post
Join Date: Mar 2011
Location: North TX
Posts: 1,834
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All in, maybe, .6%. Property tax hits us for 2.3%...��
Take out that and, .2%...or less.
No mortgage.
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09-24-2016, 03:55 PM
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#19
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Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,731
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I'm polled out. My brain is fried. 
__________________
*********Go Yankees!*********
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09-24-2016, 04:18 PM
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#20
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gone traveling
Join Date: Sep 2013
Posts: 1,248
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0.0...0.1
0.1...0.2
0.2...0.3
Would show us better numbers. So for me it is 0.2% with taxes, repairs, insurance and non existent mortgage
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