Can someone explain me this? The city I live in is filled with rental properties with cash flow. The downtown area is a bit sketchy and the quality of the houses are not that great either. But whenever I see the listing, it’s usually one of the two units of multifamily housing is vacant and one is occupied about $800 a month for 1 unit. The property listed at around $60-$90,000. In the books it looks like a great return so I’m just wondering why do people sell it?

Man, what Wall Street Bets pulled off was just epic! :D So tempted to throw in some of my monies to stick it to the hedge funds and then donate any gains to charity.

Option 1: margin loan based on brokerage account assets, Option 2: home equity loan on a paid off property. Looking to use the cheap debt to DCA invest in the market over the next few months. Have reasonable risk appetite, thoughts on one vs another?

Anybody have strong feelings about BAT? My friend just put his life savings in it, and I’m trying to talk him out of it...

Hi,

I'm an investor and a private lender and investor who can lend you the loan you seek at low interest rate, I lend money to borrowers nationwide (USA) and a few other countries overseas.

I’ve always been a big saver minimum 15% to maxing out my 401k since I graduated college. I’m married to someone who thinks 6% is enough and likes $$$ cars. Other than the cars, they dont really spend money. For the married 🐠, how do you have the conversation with them that what they are doing isn’t enough? I try to guide them and say you want the $$$ cars but the salary you have won’t get there and you’re going to have to find a job that gets them the salary…. Then the fight starts.

Has anyone started an LLC, S-corp, or C-corp for your day trading? If so what are the requirements for getting started with that?

Joining D soon as manager. Can we use Interactivebroker for stock trading?

If I invest in Eth today, would it be smart? Or should I wait till it cools down?

Okay finance gurus, I have an idea and interested in your thoughts. Might be a bad one so be gentle 🙂. I have a 2 yr old and another on the way. Need to start planning for college. I was thinking of buying a condo or 2 in lieu of saving and selling them down the line for tuition. Condos downtown are pretty inexpensive (T3) so it’s financially feasible. But is this a good idea or too risky?

How common are credit checks for roles in accounting or finance positions? Will high utilization on credit card balances and low credit score be a deal breaker? I’ve been irresponsible and made mistakes, but wondering if I can switch jobs now or if I’m best off waiting 1-2 years and cleaning up my credit first.

It annoys the hell out of me when random people refer to basic deductions and capital gains structures as “loopholes.” Anyone else?

Trading Event Sponsorship for Party Rentals! Hey everyone - as a nonprofit we are having an upcoming event and having sponsors for it. We don’t have a huge budget so we are looking to ‘trade’ these sponsorships for table/chair rentals. Since we are a nonprofit are we able to give them the deduction value to claim on their taxes?

Diversification is for protecting the wealth but concentration is for creating. Agree or disagree?

1099 or w-2 ? I have been given the option though the company prefers w-2. It’s a day rate booking couple of months or more (no end date). I already have 1099 from similar company this year and am leaning towards 1099, but I don’t want to be difficult. I do take home office deduction and they are not supplying any equipment. Suggestions?

What’s a good baseline amount to keep in a checking account? I generally keep mine pretty low <1000 after paying CCs then dump the rest in savings. As I’m building a rainy day fund and then I will start contributing my brokerage account.

For reference <1 year experience at $4500/month (after taxes and 401k contribution)

Specific question for fish based in the UK.
Could you let me know what your employer contributions to your company pension scheme are?
For instance, they contribute half of your contribution up to a maximum of 3%. Before any tax incentives etc.
Interested to see the variances, it seems to be substantial from what I've seen. If it changes with level/seniority, please make that clear as well so we can differentiate between companywide averages and individual circumstances / positioning.

Question for folks with second homes: Considering buying a vacation home but would be primarily for family use. We currently have a primary residence with a mortgage balance of ~640K, so my understanding is I could only deduct the mortgage interest on 110K of the second mortgage to stay under the 750K cap. If I were to buy the second home through an LLC, would that allow me to exceed that 750K since the expenses of the second home would be pass through expenses/income?

Hi Folks. I am a single and planning to move to Seattle. Need some recommendation if 130k is good enough to live comfortably in Seattle.

Hi All,
One of my friends has recently joined capgemini and has following doubts related to tax proof.
Can we edit the tax declarations in HGS portal every month any day?
Does Capgemini asks for rent agreement along with rent receipts as a part of tax proof submission?
Also which proofs needed for,
80c - elss lic
80d - insurance for senior citizen parents
80ccd1b - nps

Hello

I've been interviewed by @Amazon on 8th July and even after multiple follow up emails, there's no update. Any suggestions?

Hi guys. Has anyone attended the @Autodesk frontend interview? How was your experience?

I am a ServiceNow Developer and want to switch the domain. Confused about which one to choose. Can any please suggest some good domains.

Been in a job for 6 months and seeing that it’s dead end. Start looking now, or wait until I hit one year? I have one 10-month agency gig on my resume, but have been at my other jobs 2-3 years.

Hello friends,
I wanted to share that I am in my first job as ui/ux expert and I am the only ux/ui person in the team. I am expected to take care of entire research and design of the product. It becomes very overwhelming as the product that I am working on is in a early phase and I am expected to think about ui as well as ux and also design entire app on my own.There is no user interview or user testing happening as my project manager thinks it can be done after product is launched. Please help!

Thank you for creating this bowl! I’m very new to the PM role as I’m trying to transition from management consulting. Just finished all rounds of interviews at Google yesterday for a PM role and not feeling very confident. Hopefully I hear something back in a week or so.

Exam tomorrow - super nauseous which makes me even more anxious 🥲 anyone get this and how do you cope?

I feel like I need a good cry

Do you believe influencers have just as many efficient marketing skills as someone in the field?

I’m doing my own marketing for my small business and am having trouble creating call to actions that convert. Where can I learn more about this?

Hey sharks,
I have 3 yrs of experience in performance marketing.

Got 3 offers which one should i choose.

Startup- 18 fixed + 3 esops
Practo - 19 fixed + 2 variable
Reliance - 21 fixed

Opinions on 150-200 bottle wine refrigerators?
Am considering the artevino iii but having a hard time justifying the $850 difference to the wine enthusiast classic 150. Current collection is 65 bottles with majority benefiting from additional aging.

I work in a firm that is known for litigation defense. I’ve been developing my own plaintiffs practice as well. I am able to pay the bills with my hourly defense work, which gives me time to focus on a handful of high value PI case a year on contingency. I was recently negotiating a case and was told part of the reason the claims rep/OC was jerking me around was because they didn’t see me as a plaintiffs attorney. Is there any way to change this perception or does it just come over time?

What are the benefits if I join SG before October? Will I get default yearly hike?

And their cycle is jan to dec or some other months

Deloitte FL/PR is turning into a joke.. if firm morale wasn't already suffering from layoffs, they increase minimum hours through December while half the offices are unassigned. Abandon ship.

Tried to study today but couldn’t bother

Merry Christmas to all!

Has anyone ever transitioned from account management / customer success in tech sales to PMM? Any advice for pursuing this route?

Credit suisse or Barclays? Both offering same amount.

Looking to buy in the DMV suburbs (northern VA). Is this the wrong time for such a move? Beyond down payment, got about 6mo emergency fund and must tap into it for moving&house expenses like furniture

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. 

Question for folks with second homes: Considering buying a vacation home but would be primarily for family use. We currently have a primary residence with a mortgage balance of ~640K, so my understanding is I could only deduct the mortgage interest on 110K of the second mortgage to stay under the 750K cap. If I were to buy the second home through an LLC, would that allow me to exceed that 750K since the expenses of the second home would be pass through expenses/income?

My clients wish to write a testimonial/review for my RE broker services. What is the best site/medium for this? Yelp? Google Review? Zillow? Facebook?

Is there an investment fund or group that anyone knows of? I heard of Fundraiser but it seems very convoluted. Looking for an investment group or development group to invest with

I am looking to buy my first property soon - preferably new constructions (anything except condos) anywhere in Ontario/Canada. Any suggestions where I can turn to find new construction projects? I understand I need an agent. Until I find a good one, I am looking at the houses myself. Any suggestions where I can get information about new projects happening in the province?

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.

Recently freed from the consulting game (starting end of next week) with a great severance and new energy around RE. Closed our first REPE fund last year as well as a sizeable personal portfolio in a large midwestern city, all on the side.
If you’re accredited and interested in putting some $ to work in this super low yield environment, ping me! Ramping up the next fund soon.

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?

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 one knows what’s the easiest way to order a radon test for new construction?

What are some of the things that were a MUST when buying your first home and what were some things that you were more flexible with and why? I’m having a discussion with my partner about what we absolutely need and what can be worked on later.

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

Better mortgage vs. Rocket mortgage - anyone shopped with both and what swing your decision?

I'm a first time home buyer and got pre qualified back in Jan. Hard pull on credit docked me a few points. I wasn't able to close and now considering another hard pull for a different mortgage company offering better rates.
I'm new to this and this may be a stupid q but I'm looking for input from the bowl on whether to do this hard pull and get pre-qualified with a few more mortgage companies. Any advice is appreciated. Thank you

Is it safe to buy new home now with high interest rates ,high home prices and recession in near future?

How long did it take you to purchase your first rental property once you started looking? I’ve been working with an agent for about a month with one offer not accepted, feeling discouraged

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”.

Do you thank your tenants for paying the rent? A quick thank you text?

Hey everyone, curious about pros/cons and profitability of renting out a unit long term vs AirBnB. Let’s say it’s a condo downtown in a big city, how do you figure out what’s the better option?