Top mechanic pay

endurox
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endurox 9/9/2016 8:12am
9/9/2016 8:12am
Want to make a lot as a mechanic stick with euro cars. They are not as dependable as the masses think.
CarlinoJoeVideo
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CarlinoJoeVideo 9/9/2016 8:16am
9/9/2016 8:16am
hvaughn88 wrote:
I was kinda wondering the same thing
huck wrote:
Let's assume they take a 30 year mortgage.... Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a...
Let's assume they take a 30 year mortgage....

Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a month for California...

So we're at $2400 a month...not including utilities or any other bills.


$75,000 will bring you around $50,000 take home. So that is around $4100 a month in income. $1700 for everything else doesn't seem too doable.
mxtech1 wrote:
Wishful thinking. Do you actually own a house? I make more than your given scenario, and live in a house worth less than $100K. All those...
Wishful thinking. Do you actually own a house?

I make more than your given scenario, and live in a house worth less than $100K. All those "everything else" costs you conveniently left add up more significantly than you elude to. Some months we are money ahead, some months were are tight. We live fairly frugally. Granted, I invest alot into my 401k and savings. I couldn't even fathom mortgaging a $300k house on that salary.

The scenario you describe would for sure leave a guy house poor.
Yes I do own. I'm not saying you buy the house the first year you make $75k. Let's make this more realistic. A $250k house...

You save your down payment over 5 years($50k). So you don't touch $10k per year and put it in savings.
Get a mortgage for $200k at 4% interest and say property tax is $4k a year. Your mortgage is $1,400. You then can rent a room to a friend for $500 which now makes your cost to own a home $900 per month. Very doable on $75k(after you save your down payment..)

Here's a house near Perris raceway that would fit that model...
https://www.redfin.com/CA/Perris/865-Georgiana-Ct-92570/home/5224535
joshcox501 9/9/2016 5:30pm
9/9/2016 5:30pm
Ive worked the CMRC nationals for a couple years now, i calculated roughly my hours and pay and it worked out to be 5 an hour. keep in mind thats practice bikes and race bikes. We finished 2nd in mx2 class behind cole thompson.
loftyair
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loftyair 9/9/2016 6:22pm
9/9/2016 6:22pm Edited Date/Time 9/9/2016 7:58pm
joshcox501 wrote:
Ive worked the CMRC nationals for a couple years now, i calculated roughly my hours and pay and it worked out to be 5 an hour...
Ive worked the CMRC nationals for a couple years now, i calculated roughly my hours and pay and it worked out to be 5 an hour. keep in mind thats practice bikes and race bikes. We finished 2nd in mx2 class behind cole thompson.
This year? Maff?
Plus,mthats canadien dollars?

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Dirty Points 9/9/2016 6:33pm
9/9/2016 6:33pm Edited Date/Time 9/9/2016 6:34pm
agn5009 wrote:
How the hell would someone making 75k per year afford a 300k house?
hvaughn88 wrote:
I was kinda wondering the same thing
huck wrote:
Let's assume they take a 30 year mortgage.... Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a...
Let's assume they take a 30 year mortgage....

Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a month for California...

So we're at $2400 a month...not including utilities or any other bills.


$75,000 will bring you around $50,000 take home. So that is around $4100 a month in income. $1700 for everything else doesn't seem too doable.
I won't speak to the rest-- but real estate taxes in CA are by far among the lowest in the nation. By law, they cannot exceed 1% per year, and cannot be readjusted in excess of a maximum of 2% annually, so in the case of a $300,000 house (I also won't speak to what that buys in CA), less than $250 month -- but probably much less, unless you bought it yesterday.
jtetchila1
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jtetchila1 9/9/2016 6:45pm
9/9/2016 6:45pm
agn5009 wrote:
How the hell would someone making 75k per year afford a 300k house?
hvaughn88 wrote:
I was kinda wondering the same thing
huck wrote:
Let's assume they take a 30 year mortgage.... Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a...
Let's assume they take a 30 year mortgage....

Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a month for California...

So we're at $2400 a month...not including utilities or any other bills.


$75,000 will bring you around $50,000 take home. So that is around $4100 a month in income. $1700 for everything else doesn't seem too doable.
$1000 a month in taxes on a $300K house? Granted I paid 1/2 that for my house in Indianapolis (2000 sq ft/3 car garage built in 2005), but the property taxes are $1230 per year.
CarlinoJoeVideo
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CarlinoJoeVideo 9/9/2016 8:44pm
9/9/2016 8:44pm
hvaughn88 wrote:
I was kinda wondering the same thing
huck wrote:
Let's assume they take a 30 year mortgage.... Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a...
Let's assume they take a 30 year mortgage....

Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a month for California...

So we're at $2400 a month...not including utilities or any other bills.


$75,000 will bring you around $50,000 take home. So that is around $4100 a month in income. $1700 for everything else doesn't seem too doable.
jtetchila1 wrote:
$1000 a month in taxes on a $300K house? Granted I paid 1/2 that for my house in Indianapolis (2000 sq ft/3 car garage built in...
$1000 a month in taxes on a $300K house? Granted I paid 1/2 that for my house in Indianapolis (2000 sq ft/3 car garage built in 2005), but the property taxes are $1230 per year.
Property tax in California is mellow for the most part. Just depends what county you live.
kzizok
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kzizok 9/9/2016 8:51pm
9/9/2016 8:51pm
$1000 in monthly taxes seems insane to me.
MotoX85
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MotoX85 9/9/2016 8:59pm
9/9/2016 8:59pm
In Illinois, 1000 a month for 300k house is about right. My house is valued at 140 and I pay about 425 month. My house payment is 575. However, illinois just became highest taxed state in the nation
CarlinoJoeVideo
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CarlinoJoeVideo 9/9/2016 9:03pm
9/9/2016 9:03pm
MotoX85 wrote:
In Illinois, 1000 a month for 300k house is about right. My house is valued at 140 and I pay about 425 month. My house payment...
In Illinois, 1000 a month for 300k house is about right. My house is valued at 140 and I pay about 425 month. My house payment is 575. However, illinois just became highest taxed state in the nation
That's crazy! Oregon isn't even that much and there's no sales tax in the state.

My parents home in upstate NY is about $400k with 2 aches and tax is around $7-$9k a year which I think is crazy.
MotoX85
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MotoX85 9/9/2016 9:03pm
9/9/2016 9:03pm Edited Date/Time 9/9/2016 9:10pm
Also, before Obama was president I paid $950 per year for same house. 2 years into presidency it went up to 3500 per year. 2 years later, right after re-election it went to 5100. Property value stayed the same over the eight years. 5 more years and I'm gone

This is not a political post, just using it as reference
MotoX85
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MotoX85 9/9/2016 9:08pm
9/9/2016 9:08pm
Good AM rider locally, trains down south, top 5 Loretta, has won a moto or two, turns pro the year after next. His mechanic makes $550 per week and he stays with him in his motor home. All travel and entries fees are paid for also.
Dirty Points 9/9/2016 9:17pm
9/9/2016 9:17pm Edited Date/Time 9/9/2016 9:18pm
CarlinoJoeVideo wrote:
Property tax in California is mellow for the most part. Just depends what county you live.
It is low regardless of county. The absolute highest allowed by any county is 1% assessed value anually, and it is generally a fraction of that, due to really low caps on reassessments.
brash
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brash 9/9/2016 10:33pm
9/9/2016 10:33pm
hvaughn88 wrote:
I was kinda wondering the same thing
huck wrote:
Let's assume they take a 30 year mortgage.... Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a...
Let's assume they take a 30 year mortgage....

Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a month for California...

So we're at $2400 a month...not including utilities or any other bills.


$75,000 will bring you around $50,000 take home. So that is around $4100 a month in income. $1700 for everything else doesn't seem too doable.
agn5009 wrote:
Yeah, definitely not possible. I make 75k in central PA where the cost of living is significantly less. I could never afford a 300k house.
Median house price in Sydney is over a million dollars (AUD) approx 755,000 US dollars.

average income of Australians is $66,000 AUD or just under $50k US dollars

You sure you want to complain lol.

We have a whole generation priced out of the housing market here, Luckily I got my shit together and bought something, many of my friends not so lucky.
endurox
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endurox 9/9/2016 10:37pm
9/9/2016 10:37pm
MotoX85 wrote:
Also, before Obama was president I paid $950 per year for same house. 2 years into presidency it went up to 3500 per year. 2 years...
Also, before Obama was president I paid $950 per year for same house. 2 years into presidency it went up to 3500 per year. 2 years later, right after re-election it went to 5100. Property value stayed the same over the eight years. 5 more years and I'm gone

This is not a political post, just using it as reference
Someone had to bail out the under funded public pensions. Wow, 5100 is major inflation.
lostboy819 9/9/2016 11:04pm
9/9/2016 11:04pm
We bought our house in 1989 for 130K and only financed for 12 years paid it off in 10 years and now its valued at about 300K our payment was about 600 a month. I was talking to younger guys at work who are paying $1200 a month for a 1 bedroom apartment. They say its impossible with student loans and a car payment and the cost of living to save enough for a down payment on a house so they have to rent.
cali11
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cali11 9/9/2016 11:35pm
9/9/2016 11:35pm
agn5009 wrote:
How the hell would someone making 75k per year afford a 300k house?
hvaughn88 wrote:
I was kinda wondering the same thing
huck wrote:
Let's assume they take a 30 year mortgage.... Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a...
Let's assume they take a 30 year mortgage....

Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a month for California...

So we're at $2400 a month...not including utilities or any other bills.


$75,000 will bring you around $50,000 take home. So that is around $4100 a month in income. $1700 for everything else doesn't seem too doable.
$1000 per month for taxes? I live in Cali. My wife & I house was $280k & we pay $1700 per month. That includes tax & insurance. i think our taxes on our house are around 3k per year.
mark911
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mark911 9/10/2016 12:30am
9/10/2016 12:30am
Experienced Motorcycle Technician/Mechanical Engineer living in Corona willing to work for min wage plus travel expenses. Travel, hours, tasks, no issue. If interested contact Mark at Maxvonauto@aol.com.

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aaryn #234 9/10/2016 3:52am
9/10/2016 3:52am
huck wrote:
Let's assume they take a 30 year mortgage.... Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a...
Let's assume they take a 30 year mortgage....

Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a month for California...

So we're at $2400 a month...not including utilities or any other bills.


$75,000 will bring you around $50,000 take home. So that is around $4100 a month in income. $1700 for everything else doesn't seem too doable.
agn5009 wrote:
Yeah, definitely not possible. I make 75k in central PA where the cost of living is significantly less. I could never afford a 300k house.
brash wrote:
Median house price in Sydney is over a million dollars (AUD) approx 755,000 US dollars. average income of Australians is $66,000 AUD or just under $50k...
Median house price in Sydney is over a million dollars (AUD) approx 755,000 US dollars.

average income of Australians is $66,000 AUD or just under $50k US dollars

You sure you want to complain lol.

We have a whole generation priced out of the housing market here, Luckily I got my shit together and bought something, many of my friends not so lucky.
Move to Adelaide Smile Still easy to find a house 20-30k from the city for under $300,000

Four MX tracks with in 60km all open pretty regular and peak out traffic means a 20 minute hold up not 2 hour Smile
MJC
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MJC 9/10/2016 4:16am
9/10/2016 4:16am
agn5009 wrote:
Yeah, definitely not possible. I make 75k in central PA where the cost of living is significantly less. I could never afford a 300k house.
brash wrote:
Median house price in Sydney is over a million dollars (AUD) approx 755,000 US dollars. average income of Australians is $66,000 AUD or just under $50k...
Median house price in Sydney is over a million dollars (AUD) approx 755,000 US dollars.

average income of Australians is $66,000 AUD or just under $50k US dollars

You sure you want to complain lol.

We have a whole generation priced out of the housing market here, Luckily I got my shit together and bought something, many of my friends not so lucky.
aaryn #234 wrote:
Move to Adelaide :) Still easy to find a house 20-30k from the city for under $300,000 Four MX tracks with in 60km all open pretty...
Move to Adelaide Smile Still easy to find a house 20-30k from the city for under $300,000

Four MX tracks with in 60km all open pretty regular and peak out traffic means a 20 minute hold up not 2 hour Smile
Yep, Sydney is a nice place to visit, but be farked if I'm living anywhere near the place!! Brother paid $750k for a townhouse out near Belmore.... Sick
SPYGUY
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SPYGUY 9/10/2016 6:13am
9/10/2016 6:13am
How will the new overtime rules affect mechanics that aren't a lot of money?

Or are they independent contractors too?
Braap19
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Braap19 9/10/2016 6:34am
9/10/2016 6:34am
SPYGUY wrote:
How will the new overtime rules affect mechanics that aren't a lot of money?

Or are they independent contractors too?
Pretty sure salaries are how they are paid so overtime isn't a thing for them.

Also, California is insanely expensive to live in. Here in NC you can get 20 acres and a 3000 sq foot house for like 250k... Taxes are way low too. Im only paying $759 a year on house and land valued at 179k. Just a little over 7 acres on the river.
kzizok
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kzizok 9/10/2016 7:24am
9/10/2016 7:24am
endurox wrote:
Want to make a lot as a mechanic stick with euro cars. They are not as dependable as the masses think.
When did people start thinking euro cars are dependable?
Panic_Rev
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Panic_Rev 9/10/2016 7:53am
9/10/2016 7:53am
Braap19 wrote:
Pretty sure salaries are how they are paid so overtime isn't a thing for them. Also, California is insanely expensive to live in. Here in NC...
Pretty sure salaries are how they are paid so overtime isn't a thing for them.

Also, California is insanely expensive to live in. Here in NC you can get 20 acres and a 3000 sq foot house for like 250k... Taxes are way low too. Im only paying $759 a year on house and land valued at 179k. Just a little over 7 acres on the river.
Salaried employees will get a bump in pay with new overtime rules.
D_L118
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D_L118 9/10/2016 8:25am
9/10/2016 8:25am
agn5009 wrote:
How the hell would someone making 75k per year afford a 300k house?
I don't know but in europe houses are a lot more expensive and wages aren"t as high also.
I'm wondering what makes living in the states so expensive?
Cars, houses , supermarkets,clothing,... Is cheaper in the states.

Let's say i'm making 75K a year in europe, i wouldn't have any issues to buy a 300K home...

Btw: How much does a mechanic make, let's say in a plant?
scott_nz 9/10/2016 12:54pm
9/10/2016 12:54pm
huck wrote:
Let's assume they take a 30 year mortgage.... Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a...
Let's assume they take a 30 year mortgage....

Payment will be around $1400 a month. I'm sure taxes on that house are close to $1000 a month for California...

So we're at $2400 a month...not including utilities or any other bills.


$75,000 will bring you around $50,000 take home. So that is around $4100 a month in income. $1700 for everything else doesn't seem too doable.
agn5009 wrote:
Yeah, definitely not possible. I make 75k in central PA where the cost of living is significantly less. I could never afford a 300k house.
brash wrote:
Median house price in Sydney is over a million dollars (AUD) approx 755,000 US dollars. average income of Australians is $66,000 AUD or just under $50k...
Median house price in Sydney is over a million dollars (AUD) approx 755,000 US dollars.

average income of Australians is $66,000 AUD or just under $50k US dollars

You sure you want to complain lol.

We have a whole generation priced out of the housing market here, Luckily I got my shit together and bought something, many of my friends not so lucky.
Auckland is the same, just topped $1,000,000 average price in NZ $'s, the house i brought in 2012 for just over $500 k is worth near $900k now, the house price inflation in this part of the world has been nuts,

rates (property taxes) for my place are $2000 a year,
St Ann More 9/10/2016 2:15pm
9/10/2016 2:15pm
nascarnate326 wrote:
Is 60-100k really that much money living in california? I assume they don't have to pay for food, travel, etc most of the time but that...
Is 60-100k really that much money living in california?

I assume they don't have to pay for food, travel, etc most of the time but that still like an awful lot of work for the salary.
CarlinoJoeVideo wrote:
If you live in the I.E. (Inland Empire) Corona, Temecula, Murrieta area, $75k would go a long ways. You can buy a house all day for...
If you live in the I.E. (Inland Empire) Corona, Temecula, Murrieta area, $75k would go a long ways. You can buy a house all day for $300k.

But are we talking supporting a family of 4? Know what I mean, many variables in that question.
agn5009 wrote:
How the hell would someone making 75k per year afford a 300k house?
The same way people over in the UK earning 25k afford something 100k?
activeMX
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activeMX 9/10/2016 2:20pm
9/10/2016 2:20pm
cali11 wrote:
$1000 per month for taxes? I live in Cali. My wife & I house was $280k & we pay $1700 per month. That includes tax &...
$1000 per month for taxes? I live in Cali. My wife & I house was $280k & we pay $1700 per month. That includes tax & insurance. i think our taxes on our house are around 3k per year.
I live in SoCal too and own a house valued at $650K. I pay about $5K a year in property taxes.
Moens_Andy 9/10/2016 2:39pm
9/10/2016 2:39pm
activeMX wrote:
I live in SoCal too and own a house valued at $650K. I pay about $5K a year in property taxes.
thats seems reasonable enough but whats your annual income or combined household income that makes it possible for you

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