Deal 3 in the books!

I have a rental (duplex) and a SFH flip (in progress) across the country. Both going well. I wanted to learn about wholesaling, so I did some research and gave it a try. Made a few calls, but no luck. Finally called the owner of a triplex, got it under contract and assigned it for a 6K fee. Fun times!

Not posting this to brag (since this is all anonymous lol). Anyone can do all of this! Do your research, network, and take action.

Why are properties in NYC so damn expensive? At this point should I just move elsewhere?

FIRE - What is your total net worth so far? What's your profile?

Have 50k in a checking account at a local bank getting no returns. I like having liquid assets since I support currently myself & girlfriend and any unexpected expenses my mother & younger brother have. Any advice how to calculate what I should keep on reserve vs. invest + learn about consequences of pulling investments early (more tax, fees, etc.). I feel like the inability to access funds when my family needs it has been the reason I haven’t invested outside of 401k and have this cash reserve

Loan payment question. I have two federal loans. One has no accumulated interest and is ~$110k. One has about $19k of accumulated interest (I previously made an embarrassingly low amount of money), but the total is ~$140k. While the interest is still frozen, do I: 1) make payments on the $110k principal amount only to maximize driving it down; 2) make payments on the $140k principal amount only to maximize driving it down; 3) make payments on the $19k of interest on the $140k loan; or 4) ??

I use SoFi to consolidate and pay off my mostly private student loans. I’m gonna call to confirm later, but what happens if I’m 2 weeks late on making a payment?

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 🧐

What's a good % of your gross income to be spending on housing? Does it differ if you're paying the mortgage vs renting?

Still using Ally Bank savings account, but the APY had dropped to .60%. Time to move. Any recs on personal savings account? This is my emergency “savings”

Hi guys.
Do you think investing in gold is a good choice?
Seeing their prices are going up, there will be good value in future for these

Anyone taking profits from UVXY and VXX or still holding?

$530k HHI, $250k cash on hand, $1.2M investments/retirement. Plan to buy $800-900k house as our first home, but thinking of the best approach given rates today. My thinking is that we (i) put $200k+ down and get a 5/1 ARM. (ii) put everything we save moving forward toward paying down the principal (after maximizing retirement accounts). Should be able to do $100k per year. (iii) If rates go down below 4.5ish % for 15 year fixed, refinance and stop aggressive payment. Thoughts on this approach?

My play for next week:
Sell the SPY 200 puts since the market would plummet. Look for opportunities to buy back, probably when the stim bill passes. Would love to hear your thoughts on it

👀 Can we talk smack about auditors? Trial balances based on filed financials are still trash once it comes time to do returns, so all I’m saying is materiality can kiss my a**

Now that’s what I wanted - good bowl. Come on real estate folks!

Going through a closeout. 50-50 profit share allocation, but my business partner has been using the venture money at their personal piggy bank (hence the breakup). My accountants say because we agreed to 50-50 shares, the leftover money has to be divided equally.

They spent $100k in the last month on random "work stuff" but bought a new car, etc. Now I have to pay for it with less equity return!

Just wanted to rant, I'll probably never go into a partnership again.

I just left my pre-seed startup that was running out of cash (we made $100,000 in revenue this year, and sunk $1m in costs). I was making $40,000 as a developer (plus 20k stock options at $1/share per year) and they refused to pay me any more money. I have 17,000 vested stock options, total number of shares at the time of my contract was 4million. I’m a bit confused about share dilution and if it’s worth it for me to buy some of my stock options… thanks in adv!

I work a travel job (consulting - domestic travel) and plan to move to NY/NJ soon. I know that more flights fly from JFK and LGA than Newark. Should that be part of my consideration when choosing to live in NY or NJ?

A question to all the men in here, what are your age criteria for dating/serious relationships? Is it true that 30+ females have it much harder than females in their 20ties?

Need 11 💟 to unblock DM feature

Chase Freedom vs Freedom Unlimited for everyday spend?
Plan to transfer points to my CSR.
Non traveling consultant

Good book recommendations on the basics behind M&A deals and the DD process? Asking for a friend who is looking to start a search fund and has operational experience but no finance.

I'm in my first semester in school right now and I need money to be able to pay to continue going to school (car/phone payments, gas, classes, ect.) Does anyone have any advice ? Thank you

Hello People,
I am actively looking for Job opportunity in O2C- Accounts Receivable profile.
I do have relevant experience of 3 years 9 months in collections, billing & cash application.

Would really appreciate referrals from anyone or if someone can just let me know if there any vacancies available.

11 likes to enable DM ! Please help

4YOE @Amazon & trying to lateral to a similar role @FAANG. Have my undergrad GPA (3.8/4) on resume from top 15 school but colleague says to take it off (looks silly). If it’s a good school & high GPA, why ever take it off your resume? Even if 10 YOE...can’t hurt?

Would anyone happen to know what the WFH situation is like at Standard Chartered bank in Singapore? Is it 5 days in office or flexible? Thanks in advance!

Any NJ attorneys? Looking for Labor and Employment Attorney 4-6 years of experience. Pay range $220,000-$250,000

Why is Russia so terrible at actually fighting a war?

First Georgia, now Ukraine... Overwhelming size and technology advantage and yet... complete failures.

Anyone wanna network at gunnison this summer? 🍆⚖️

Guys off topic
D laptop pickup ke liye formals me jana padega kya

A child that kicked ,punched and spit at staff and students.He wanted was to go to the principals office. In the principals office he played with Legos, cars and toys. Rewards for bad behavior.

I was hopeful and excited to have a better working experience while working with EY. But seems like tagline is building better working world in real it is building worse working world. Anyone here experiencing same ?

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

Are commercial properties getting inflated like residential? Thinking of getting into commercial to extra income.

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

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).

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?

Commercial real estate question. When a residential property will likely zone commercial in the coming years, do we, the owner, wait for a buyer/developer to contact us?

Are most new houses being built with induction cooktop? What has everyone experience been like? I personally had non compatible cookware with induction cooktop and wondering if I should just buy a new cooktop (electric, gas etc).. Other reason is that I read that it's also not healthy due to electromagnetic waves?

This is the thread to boast about a creative deal that you made by using leverage and/or collateral.

Is a sloped floor of 1/2” over 10’ noticeable? I have to make room for conduit and cannot trench in my current place

UK - thinking of a buy to let in either Birmingham, Liverpool, Manchester - any recommendations on either /areas where you can get something under £140k.

Quoted a 30 year mortgage, 5% down for a ~600k home for 4% interest no points.

Profile: 250k salary, 800 credit score

Is this any good??

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.

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

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.

I am moving to Charlotte, NC for a new job. I currently live in Portland, OR and have a single family home here. With my income, and current mortgage, I can afford a 350k house I’m Charlotte with about 10% down. What are the pros and cons of buying a new place in Charlotte and then sell my house in Portland?

Does anyone have experience with out of state turnkey real estate investing? Would you recommend any companies? I live in Sacramento where prices for real estate are inflated so I can't buy local.

469k new construction
No washer dryer or refrigerator included
Added these at cost, downgraded to basic grey paint throughout, removed blinds and builder accepted 460. Feeling cheated :/

What would have been a better offer?

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

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!!