Anyone ever invest in a fix and flip? If I partner with a reputable operator, is it worthwhile to finance the flip and more or less passively invest? Happy to go into more detail in a PM

like
Posting as :
works at
You are currently posting as works at

I am doing that now and going through hell with the guy I partnered with. Flips are hard work and they are the riskiest.

like

Would love to connect and hear more if possible.

You're discussing a JV and it's a common approach to real estate

Thanks! Yeah I was curious if it’s common in residential and how difficult it is to scale.

Related Posts

@Partners - how much money do you need to invest I to the firm to get your partner share?

likefunny

Hey all. I've got 30k cash to spend on a new car. Any feedback on the following 2017 Lexus rx vs 2018 acura rdx vs 2017 audi q5??

like

Closing on my first home. Advice for anyone with student loans in administrative forbearance per the Cares act: once your offer is accepted have you student loan servicer put your account back in repayment status.

Accounts in forbearance, even administrative forbearance, are calculated at a higher monthly payment by the underwriter.

My fictitious debt to income ratio was too high for them to approve me, and it took seven days for my loan to be officially back in repayment. So just a heads up.

like

I can do the math on SWR’s, but always happy to have the input of this forum, be it positive, constructive, or a really unique perspective. I’ve been lurking on a FIRE journey for a while, and here is where I am:
2.3M in retirement assets (30% have been taxed)
8k a month in expected expenses…continued in comments

like

Do you think there will be another housing bubble burst in the near future due to COVID? Assuming relative job security, would that be an opportune time to invest in Manhattan real estate?

like
like

Hi all - hope all is well, just want to know your opinion or suggestion, is it the right blend of investment of my 401K savings?

Post Photo
like

Everyone says Geico car insurance is cheap . However for me it is most expensive. I went for Allstate/State farm which were cheaper than Geico. Am I missing something?

Newbie in investing. Have 50k saved and would like to invest in index. What is the best time (now vs after new year) to do that?

like
like

Anyone else crazy and buying a house right now? Part 2, does anyone have new construction experience and any important lessons learned? Much appreciated!!

like

Any stock traders use TurboTax? I honestly thought my capital gains was going to be worse because of the wash sale rule. The software calculates all of that once you put in the 1099 correct?

like

Which crypto coins are you putting your money in?

like

Is it better to have SFH for monthly cash flow or passive MF deals through a private syndicate? Friend told me that you need to have $1.5m invested in MF to generate 60k a year approx but it’s much better than dealing with tenants and maintenance. Just wanted to get peoples thoughts on becoming financially free through these two real estate methods

like

Which consulting firm has the best 401k match?

like
likehelpful

I made a mistake starting SIP in a ULIP. Used to invest 7500 per month starting from November 2018. I have discontinued my premium payments since last year. That is when my fund was moved to an interim surrender state and now it earns 4% per annum interest.

After 5 years of lock-in that is November 2023, can i withdraw the entire amount at a time? (Of course after paying surrender charges)

like

Hello,

I am filling itr for the first time so I'm a bit worried, as I bought some coins in exchange transferred to metamask, then swaped coins, the later transferred the coins back to exchange. Now I don't have the metamask address, so i dont know the transaction i did.

While filling itr do I have to disclose each trade or just the net profit?

What are the best platforms for investing in startups as a non-accredited investor? (E.g., pursuant to the JOBS Act and CF regulation)

like

Thoughts on buying TWLO under 320 vs. SQ under 240 or neither?

like

More Posts

Just got an offer to ZS as a SIP Associate consultant. I am coming out of undergrad with 3 years of full time experience in life sciences research project management and institutional strategy and development. What is a good compensation package? Total comp and base comp?

like
like

26th Sept - Advisory Odyssey
Question to Leadership of PwC India - Do you think people would visit a hotel(4-6 PM) just for high tea?
No Lunch, No Gifts?
Why have you even wasted money in booking the hotel, just for high tea? Do you think, people would care about the townhall & go?, if you just give high tea?
Seriously man! I don't even know, why PwC is even coming under Big4! Shame!!

upliftinglikefunny

Hi Guys, I have an offer from Marlabs,Pune location( hybrid) and joining is in 4 days. Interview process with Mouser Electronics and E-zest is still in progress. Shall I accept the marlabs offer? Any feedback regarding the company? I am worried as hiring of many companies is suspected to be freezed in upcoming days/months. Please guide.

like

Hi fishes,

I found different user login related bugs in a website that hamper the user experience.

What is the correct procedure to report those bugs?

Also, can there be any potential scope to get bug bounty for the same?

How to approach this?

I'm planning to send an email with the details of the bugs to the customer care and feedback email of that website.

Thanks a lot.

like

Wanted to check with folks from Accenture here. Can someone explain the job code CN - Strategy - TC - TA - IT Strategy - 07?

I understand it's for capability network. But what do the abbreviations mean? Also is Accenture CN a good place to work?

like

Trying to open an account on TreasuryDirect to buy i bonds, and I am required to get an authorized certifying officer to sign a form to complete the process to open an account. Anyone know what that is? I went to my bank and asked, they don’t think they can sign it 🧐

like

There is no more powerful feeling than holding a draw-4 card in uno

like

I am asked to apply for visa for poland, I have a spouse and kid as dependents. On VFS website, visa slots are different for national visa and dependents..so will i have to book visa slot separately for my dependents or can i take my dependents on my visa date.

like

Vettel you beauty ❤️

like

The new company I’m at now sent me an email from an email address that was HR@companyName.careers saying I was accepted for the position. They gave me paperwork to fill out and sign to accept the position

I fill out the paperwork and send it back to them and it goes through… then a few days later I go back to the email to say something else and I get this…?
Then today I got a check from the company In the mail to setup my home office, and it’s signed by someone I’ve never met before or heard of…?

What…..

Post Photo
like

Nothing like working until 2am doing menial tasks for the client on your birthday

like

Any good bottomless brunch recommendations in manhattan?

like

Where and how do you search for new opportunities?

I use LinkedIn, my network, search key words in Google for adverts and look on organisation's careers pages.

Is there a more structured way for me to do it?
Any websites that I should check out?

I'm looking for strategy type work outside of London.

like
like

Recommendations on the best podcast, book, or other medium to learn more about “entrepreneurship through acquisition”?

like

Hi, requesting guidance from PMs in this bowl.

I work as a Technology Consultant. Graduated from a Tier 1 B School in 2021. Currently, my skills include business and requirements analysis, and I also look after some internal product engineering and release management initiatives.

I wish to transition to a PM role in a product-centric company. I had taken relevant learnings in my MBA, but I don't have any prior PM experience. How do I make the switch? Thanks in advance for helping me out!

like

Strategy at a large tech company (like Adobe, TikTok, ServiceNow, Cisco) or MBB consulting coming out of an MBA? At an M7 and both look like likely options.

likehelpful

PLTR is crushing it the past two weeks.

likehelpful

How muxh time do the HR take to release the round 2 interview results?
Is it possible to not get the mail if i havnt cleared the round?

like

Additional Posts in The Real Estate Bowl

I have over 12 years in B2B sales/sales management experience along with a graduate degree. I am wanting to shift gears and I am at a point where I can invest time in myself to learn through practical experience. The new industry I am wanting to pursue is real estate investment. I have read all the books but want some hands on experience on the property management side. How could I best leverage my skills for a role in this, and what should my expectations be for negotiation in compensation?

Any potential flags/benefits for dual agency? My agent and the seller's agent work for the same company.

like

Looked at a house (new build) and MIL said the vinyl windows imply the whole house is probably made with cheap, shoddy materials. She thinks everything has to be wood Marvin windows or bust. Is she right? From my research vinyl has its pros too... as long as we aren’t paying like they are wood marvins. Any reactions?

like

How did you get started with your personal investing in stocks? I am 26, F, have some money in savings, 401k, stocks and just started my own business albeit small. I’m extremely interested in real estate investing have been reading and listening to podcasts. Any advice?

like

If you living currently in a home and looking to buy another home but plan to put only 10% on the new home, can I pay the remaining 10% after selling my existing home in 1-2 months .. and get the PMI

like

For people who recently refinanced, bought or is in the process of buying a new home, what APR did you get?

like

Does buyer have to share appraisal with seller? Can seller request it?

like

What are the mortgage rates you guys are getting? Best I’ve heard is 2.5% (30year fixed) curious if anyone has heard better?

like

Hi guys! Looking to learn about real estate investing! I am a senior in college graduating with a degree in finance so I understand certain aspects, but am looking to learn more on my own about real estate specifically!

What books would you recommend I read?

like

I am wanting to start investing in real estate in the new year… I’m using this month to read up on it and familiarize myself with it. I am a true beginner and wanted to ask for any tips, tricks, advice, books, videos, magazines, podcasts, etc to start? Please let me know!

like

Is this legal?
After being mugged and having my things (including my keys) stolen, I was locked out of my townhome after business hours on a weekend. I was told on the phone when dialing my complex’s after hours number (which is managed by a 3rd party company) that my complex’s policy would let me in for a cost of $100 (as it was after hours). After I was let in, property manager informed me the charge was $200. Is there anything I can do here? This is in Minnesota. Help appreciated!!

like

I have significant equity in a property (300k+) and maybe another 200k across other properties. I have a decent amount of money in cash and already 200k or so in stocks. Would you consider pulling money through cash out refi and using it? I get nervous for stocks being so high. I have a few properties in pipeline already. How would you suggest using it (if at all).

like

At what income level should one be comfortable to spend 2400/mo on rent in HCOL? Assuming single, no kids, no debt or major expenses.

like

From a financial standpoint in this market, which would be a better approach in Austin -

1. Buy a ~8-850k house that meets most of our ideal criteria (size, schools, interiors etc) to stay long term

2. Buy a ~5-550k house that’s not ideal with the plan of moving into an ideal home in 4-5 years when kid is ready for school.

How easy is it to get a mortgage for the second home?

Household income - 300k

Happy to add more details as needed

Thanks

Looking to move out of California, and considering buying a townhome in Atlanta for ~$650k. Any thoughts on the Atlanta real estate market?

like

Any Property Management recs in Seattle area? :(

like

4 years into RE. Happy with the results so far! Thinking I should take on more debt with current IR, but the market is too competitive

Post Photo
likeuplifting

Recently joined and maybe a long shot: does anyone have insight or advice for condo buying in FT Lauderdale? Realtor and area recommendations?
This will be my secondary property until I can shift residency. Early 40s single. Looking at las olas condos at the moment. Thanks!

like

We are renovating a condo and the previous owner had two Crane toilets (not sure how old, but functioning although seals are old according to our contractor). Back outlet flour mount ones are the only options for the building, and one toilet can cost $300-$500.

We are redoing all the bathroom tiles and walls and debating what we should do with the two toilets. Would resealing the toilets extend the use life? Or should we just replace the toilets? Any other recommendations? TIA!!

like

Does anyone have experience managing an out of state property yourself? Are there any tips/services you use?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal