By next September I would like to own a investment property with tenants. I would like to have a LLC for obvious reasons. I have great credit. Would I be able to get a loan through the LLC For 10% down with future rent as income? If so is it hard to get these type of loans ? I saw that most loans require 25%.

Curious: What percent of your income do you give to charity?? 💰💸💰💸

Looking to buy Rolex OP. Thoughts on new vs used? Is the additional ~2k worth it for new?

The account dropped the register down the flight of stairs and it shattered into a million pieces. Fear not the account says, for it was already depreciated to $0.

How much are you contributing to your 401k?

Are there any trusted resources for information on cryptocurrency investing?

(I've written enough long-form marketing disguised as a news to know when it's happening to me.)

Cliche Question: I have 10k in cash ready to invest. My tolerance for risk is high. Anything valued too low your opinion?

What states have a big law market where I can get the most out of my dollar? Also currently work for CA firm, if I move to another state does the state tax rate switch to where I live?

Recommendations on how to simultaneously pay off student loans and invest?

Amex Platinum or Chase Sapphire?

Could anyone recommend a set of indices that are publicly available and is a good predictor for consumer spend in home renovations ?

What’s up with people talking about withdrawing from retirement due to CARES Act and investing elsewhere?

Starting apartment hunting in NYC soon. Any tips and recommendations for studios & 1 bedrooms in the city in terms of price range, ROI, neighborhood, down payment, best time to invest etc.

Will be moving to LA at the start of next year. I make $150k and my boyfriend freelances and averages around $60k. How much should we realistically be paying in rent max?

Need some help! Currently live in TX but work as an independent contractor (remote) for a NYC based company - do I still need to pay NY state convenience tax on income or would this only apply as a full-time employee?

Guys, I had very less HRA for April 2022 till August 2022. I was showing 1 lac annual rent .I joined new organisation in sept and now HRA is 43000 per month. Would that be okay to show high rent as 30000 per month to my wife as landlord. Earlier I was paying 9000 rs per month to different landlord. @ IBM

Chicago announced a $10m grant for looted businesses. Really confused because I thought insurance just gives everyone that’s looted money.

I'm a Canadian on the TN visa working in the US and planning on maxing my Roth IRA (6k) and will have enough left to max my 401k this year, but am not sure if I should just use a taxable account over 401k due to tax considerations when I move back to Canada (likely 1-2 years from now). Any thoughts here? I don't think I'll have enough RRSP room to move 401k>IRA>RRSP and I would prefer to not have to file US taxes every year in retirement for withdrawls if I left the 401k in the US.

Hey fishes, can someone tell me how the 80c bracket works, i know i can get exempt upto 1.5lakh under it, what i wanna know is does PF comes under it or not? For example if my yearly pf deduction is 20k and VPF is 10k so now will i still be able to show investment of 1.5lakh under 80c apart from PF and VPF or i'll be able to get exemption on only 1.2 lakh( 1.5lakh-30k= 1.2lakh)?

Thank you in advance!!

Why so red? Any stocks good to buy now?

I have two mortgages, one at 3% and one at 4.25%. Is there any benefit to paying either of them slightly higher than the minimum payment requirement (ie, maybe like $200/month more)? Additional factors to consider, my HYSA currently yields 3% and I am looking to buy another property in about 2 years and would prefer to not sell the either of the two properties currently on mortgage.

What’s a fair salary increase after a year of inflation?

I’m having a short trip to Seoul South Korea, in December and would love to connect people there. Hit me up! Let’s hangout!

Recently received a PM offer with the option of Mountain View or NYC location. Would need to move to either city but have a preference for NYC. Are there any trade offs (network / career opportunities / projects etc) to starting in NYC over the Bay Area?

Dads side from Latin America - grandparents live there. Have my cedula and citizenship. Understand Spanish and speak it well but not perfectly. I constantly feel (contd...)

I just received an offer to lateral into banking. How does independence affect the stocks I currently own? If I join and my stocks are on a restricted list will I have to sell them? Or will I be limited to being unable to buy more/sell any during the course of my employment.

FCB Health? Thoughts?

Hi folks,
Need ur suggestion!
I am havng 2.7 yoe and working in project in ibm past 2 months. I am facing difficulties in settling in this project. As it’s early stage of my career I need to learn and then implement but because of that I am daily facing pressure and I am daily worried abt my work . How to overcome this pressure? Sometimes I feel to take release but on other hand I think I need to face and learn !
Plz help

Hey Everyone!

I need a Job change .
Need your referance having 5+ exp as an Hr Manager .

Can you help.
Or May I Dm you my resume.

Houston downtown JW vs Westin.. Thoughts?

I'm switching to a new company after 7 years exp.

I have 5 offers.

1. JPMC Mumbai 60 percent hike
2. Cognizant Chennai 60% hike
3. Mphasis Banglore 70 percent hike
4. Product based company in Kerala 40 percent hike
5. Contract to hire role in Kerala 90 percent hike

I live in kerala, which one to choose ?

Any suggestions please.

Any recs for salon/stylist that know how to cut curly hair on women? Prefer River North or close by.

I have my partner interview at Deloitte USI scheduled. I have 2 YOE. What type of questions should I expect and what would be the difficulty level of the interview?

Who else is reeling under the pain of taxes?

I recently graduated with a masters degree in Data Analytics from University of Texas at San Antonio with a CGPA of 4.0. I am also awarded distinguished graduate student award for great academic standing and leadership skills. I have worked in india for 3 years for Uber and Amazon as Risk Analyst and quality specialist respectively. I am currently in my F1 OPT and have 30 days left before I submit my offer letter to USCIS. I can share my resume and any help is really appreciated. Thank you!

Best shows you are binging or have binged? I just finished a cruel summer 🤩

I peed in the ocean twice today at the beach 🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫

Who is still in denial about a housing correction? The Fed just made another .75% increase. Powell said they won’t stop until inflation is 2%. He also said a recession would be better than the consequences of unchecked inflation. He announced he will bring rates to a “restrictive level” until “the job is done”. He said that labor demand needs to soften (ie: layoffs). He very explicitly said he wants to slash demand and that housing needs a “correction”.

I share my first property with a family member which is my primary home. If I buy a second property (and keep the first property) and live there, does that second property now qualify as my primary home?

Anyone punched out of state 4-10 unit apt building? How did you find the listing?

This isn’t relating to investing but we are looking buy a SFH in South Orange NJ. We are have a 2 yo and we are moving from Sacramento. It is a close to a train station to New York.
Does any one here have any info, good or bad things to know about the area. We toured 3 different homes and they were relatively affordable by (600-750k) and it seemed like a small town community but we are not familiar with east coast/ New England. It’s going to be our first move there.

How long did it take you to buy your first million dollar home? What were the steps you took to get there?

My dream neighborhood is 10 min down the road but entry point is 1.2m. Currently my house is worth around $550k

First time home buyer and I have no idea what I can afford. Excellent credit. I know to get a preauthorization before looking but want to skim homes the meantime. Any good rule of thumb when searching?

Finally got an offer accepted on a home I love! (In DC) Spent months searching. Next thing is getting to the closing date.

Now I feel super anxious about everything going thru and getting the keys. How difficult is that process of getting to close, have heard the underwriting portion could be a headache?

Has anyone made a property purchase using sheriff sales? Can you shed any light on the process or share tips or resources?

I would like to learn more about development and real estate. Can anyone recommend any books or courses that you think are informative. Eventually I would like to own a few apartment buildings, but I know there is a lot I need to learn 1st. Any advice appreciated. 

In process of buying a house, both my surveyor and specialist damp contractor found damp under kitchen tiles (In the grout) & in skirting boards and up one wall. Sellers had work done initially in 2014 on the wall only(with garuntee) & their company has visited and assured there is no damp… what is next best course of action, get another damp specialist to examine independently of other reports? I don’t trust them….. (U.K. Victorian terrace, damp is in the kitchen extension built circa. 15 y/o)

Due to a family situation we are looking to move to a different state. Normally we would sell our current home and buy a new home in our new location. However, with todays prices and interest, will it make more sense to rent out our current home and rent a home ourselves vs. selling and buying immediately when we move? We are moving from Vegas to Sacramento and we are not sure how long we would stay in the new area. Thoughts?

For any of you real estate investors, what tools or sources did you learn from when getting started. Can’t find a mentor currently so want to find some highly recommended books or videos. If focused on the tri-state area (NY, NJ, Long Island mainly) that would be even better. My hope is to buy and rent out a apartment while also owning a house and house hacking that by renting part of it out. Trying to understand all the steps, traps, and how to find if it’s a good investment.

I am considering putting down an offer for a TH in a community that has Mello Roos. It gets added to the property tax. I am looking at paying an additional 5-6k for that.

Online videos say it’s all good because the money gets invested in building the community .

any potential downsides? In terms of future sales and demand ? What am I missing?

It’s a myth that renting is “throwing money away.” Maintenance of a property is expensive! I’m selling my place and I’ve never felt more free. I can use that money (~$5000/month) to invest even more.

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

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!

Any Property Management recs in Seattle area? :(

Hi all - any advice for a first time real estate investor looking to make their first purchase at the end of 2021.

I plan on saving $50K, for a $350-400K property in the Long Island, NY area for my first property. Does this sound reasonable? And does anyone have any experience & advice investing in the LI area?

Id like to rent it out for some positive cash flow that I can then start using to save for my 2nd property (sounds easy when I type it).

Thanks all for your input - stay safe!

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

Hi all, I’m in the north east metro area and due to the current RE market we decided to look into PA specifically Lancaster. Anyone in this market and have any thoughts on where it’s headed? We’re looking purchasing a single family property all cash at 110k that rents for $1100 a month. The last owner bought for 35k like 15 years ago 😩 but hoping buying and holding for a few years will give a equal or greater returns over the long run.