Currently deciding between staying in a Seattle house (1m house, 3% interest) and doing a 250k reno (likely 9% 5 year loan) or just buying a better, move in ready house, either in Seattle (1.4m at 7%) or Portland (800k at 7%) - all of these end up around the same monthly additional cost for the next 5ish years (Portland addl cost is based on income tax, housing cost would be the same). Reno would eventually be paid off, but could eventually refinance the others when rates drop. Cntd

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

24 yr old, 110k TC, maxing out Roth IRA and Roth 401k, no debt or large expenses. Also have ~35k sitting in a bank account. What should I do with that money?? Am I better just sitting on it for a while then watching it shrivel up in my brokerage account?

Decided to payoff my mortgage.

Anyone start later in life? About to turn 32 and my retirement savings are sad.

Do you find it surprising that more people don't invest in cryptocurrencies ? Especially in the consulting industry

Marcus HYSA rate cut down to 2.0% :(

Would you quit your job if you suddenly were given 10 million dollars? Why or why not? What would you pursue instead?

What is the difference in subscription to notified and subscription to approved mutual funds?

Is it too late in our lives to jump into a mortgage?

So my fiancée and I are relatively late in terms of finally landing well paying jobs and being able to save money instead of living paycheck to paycheck. We’re both 36 and currently rent a 2 bedroom in NY and have a combined savings of $35,000 which she wants to use as a down payment on a condo. I kinda just wanna continue saving while renting. I also literally just started contributing to my 401K so I’m also late in the game for that too.

Looking for some software or tools recommendations for
1. Plan for retirement- I am looking to do the following calculations : calculate total corpus required at retirement based on inflation lifestyle etc. , calculate total amount my investments will grow at retirement age ( 401 k , savings etc, ). These two figures should give me an idea where the additional amount i need to invest.

Any recommendations?

Do you use a tax preparer? How do you find a good one? Do they need to be local?

My hidden talent is finding houses I love that are way outside my price range.

Can partners at EY consulting buy as much equity as they desire?

Off the topic.. being in IT field and living in Bangalore, what do you think is best renting a house or opting for a home loan and paying similar emi for 20 years?

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!

What do you guys think would classify as a good savings amount by the age of 30?

Happy Holidays fishes!! I would love to hear some thoughts here..We bought our first home last year for 316K ( starter home) in MCOL city. The value is now over 400K and I have an equity of over 150K. We are thinking of moving to a different state.Should we rent this place ($2400/month) and with recent refinance my mortgage will be $1600/month(inclu pay all) or sell it to pull out equity for the new home in a different state? FYI: we have over 100K in cash to down payment.

Does anyone here have a Tesla? Should I do it???...

Is Deloitte allowed to use Robinhood? It's not a robo adviser and obviously you wouldn't invest in your clients. Or wealthfront?

What's the salary band for a Senior Manager of Product Operations in HelloFresh?

Can you dice/chop onions and not tear up? If so, how many till you tear up?

How realistic is it to land an AD position as a fresh grad (with a doctorates) and a handful of pharma & FDA interships? Context: I'll have over a year of (consistent) work experience at a large pharma company and I have prior leadership/mgt experience (< 10 yrs) in a gov't role prior to changing careers and pursuing a doctorates.

Also, whats the pay difference between Sr Manager and AD at a large pharma company? TIA!

Has anyone worked in/been in a Kellogg Company warehouse? I'm trying to find out if it's a safe environment. If it's well lit, etc...

DM if you need referral in TCS

Has anyone worked with Sia Admissions? If so, what’s your perception?

Need help with preparation for AWS Cloud Practitioner certification.

Identifying a common process, what does this even mean 😩 please help.

Best movie ever?

Is HCL providing WFH setup cost to new joiners?

Do you get your mom's flowers for Valentine's day? My mom is single, so I thought it might be a nice gesture

With two years of work ex as Data analytics and constant upskilling from Coursera / Scaler towards product management domain how do I align and prepare for roles in Microsoft in the big picture atleast an year or two from now?

Not asking for referrals when I'm not worthy yet, but I'm willing learn until i do so any guidance is appreciated. Thankyou.

Hello Guys

YOE - 16
CTC-19.6 LPA (was in UK for 5yrs), hence Indian CTC did not grow
Skill - IT Security Consultant (AWS Security, CISSP certified)

Currently in negotiation with Wipro, Deloitte and Crompton
All 3 have given a strict budget of 30-31LPA

I need help on 2 things
-Which co. has better growth in term of WLB, Skills, salary hike?
-As per my exp., what should be the best negotiation?

Thanks

Any Property Management recs in Seattle area? :(

(1/2) People who work in the Bay Arae peninsula (Menlo Park) and live in the east bay- which is a good place to buy a house, upcoming, easy to rent or Airbnb in case I have to move back to my country! Prefer single family home as young as possible.
1- brentwood
2- Pleasanton
3- Dublin (expensive)
4- San Ramon (very expensive)
5- what else?

I'm early in my career, managed to save $30K to invest, and want to get my hands dirty with a rental property without too much risk (e.g. no HML/flipping). It sounds like that's a tall order in the NY/CT area given the prices, not to mention whether I'd be able to get a mortgage on anything below $100K, but I figure I'll give it a shot anyway. Any advice on what you might do in my position? Am I being crazy with this idea?

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

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?

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.

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?

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

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 - 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!

Happy Holidays fishes!! I would love to hear some thoughts here..We bought our first home last year for 316K ( starter home) in MCOL city. The value is now over 400K and I have an equity of over 150K. We are thinking of moving to a different state.Should we rent this place ($2400/month) and with recent refinance my mortgage will be $1600/month(inclu pay all) or sell it to pull out equity for the new home in a different state? FYI: we have over 100K in cash to down payment.

For anyone that has bought a townhome from Lennar, are the walls fairly well insulated for sound?

What, if any, were your main complaints?

What is the term for giving your home buyers a credit for immediate renovations they will have to do before or upon moving in? And how does it affect the seller?

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

Planning on Arizona, Phoenix area. What is the best today, purchasing a home or building?

Looking to buy a vacation home on the west coast not in a major city. West coast so it doesn’t take too long to get there. Could consider other areas, but don’t want to spend too much time traveling there. Budget is under $700k for 3 bedroom, at least 2k sqft. Any ideas?

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

Can I get a commercial loan without 25% down?

What's the best city in UK to buy a buy to let property, with best returns?