Do investment properties negatively impact DTI if done in my personal name? For context I have a property that costs 1070 PITI, rents for 1550. I am looking at a Duplex of 150k, roughly 1100 PITI, will rent 1800-2000. I plan on buying my personal home later this year, will this screw my DTI? I eventually plan on refinancing into my LLC when rates drop a bit more, I bought at 7.5% in October for my first property.

I recently joined citi. I have been given choice for to select superannuation as 13% of BS or 12500/- monthly or zero.

This is one time selection and not reversible.

I am already investing 1.5 lakh in 80C through SIP and EPF.

I need more detail about superannuation and is it beneficial or not?

Also is there any retirement age in IT field 🤔 (or in citi)?

If I had a traditional IRA before being employed in a 401k eligible role, can / must I roll that IRA into the 401k or can I leave the accounts separate without deleterious tax consequences?

Hi, I have 2 offers below,

1. 50lakhs per year in Bangalore
2. €105k in Netherlands

Considering the economic crisis due to war, inflation etc. I am confused on which one to select. Please guide me.

Best book you've read recently on personal finance?

Went into a multi family property 50/50 with a relative against my gut. Things are going horrible. Need to get out. Best options? Buy him out? He invested maybe 4-5K in time (demolition work) and 2K in cash. I’ve managed the whole thing for 9 months. 10% of gross rents (as a management fee) would be about the same (6-7K)). Bought at low in market just after COVID hit. I want to keep the building. Seems fair to give him his initial investment back + some additional money for market gains. Help!

Current Tenant Rent: $1075, Monthly Payment: $400 (with property management), Initial Repairs: $2-5K, Down Payment: $12K

At surface level, do these numbers check out?

Not mad that student loans being paused means I can use the money for Christmas. Are you still making payments during the pause? Or are you saving the money for something else. My christmas present to myself is a spa day!

Anyone here have any information on where to invest your money apart from the firm's 401k match? New to investing and wanted to know where do other people invest since most of them wouldn't be investing in stocks directly.

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?

Hi IBM sharks,
My friend received bluepoints, what's the conversion rate to rupees? Can we redeem it as cash components?@ IBM

New to trading and investing in equity. Have $200k in equity and $20k in MUNI bonds. How do you plan to diversify?

What are your favorite personal finance books? I just read Rich Habits and really liked it. I am also reading the Psychology of Money. Looking to read some more!

Guys, what platform do you use to trade US stock?

My DashPass via my CSP is expiring at end of the month. Does anyone know if I can get another year of it by adding another eligible Chase card on the same account??

For those w investment property, how many of you self manage vs using property manager? This is my first condo, relative new build from 2018 and a family friend jus moved out. I would have self managed but am scared about squatting/evictions esp w Covid and the rent memorandums. Thinking of jus getting the property manager as I am new to this... Advice appreciated.

I’m not bad with money but definitely lots of room to improve overall, due to several personal factors I don’t want to list in full here (numerous unanticipated medical bills, bad boyfriends, etc.) Hence why I only have $3k in savings right now. My first mini goal is to have $5k saved by the end of December. I need motivation and words of encouragement. If I pay off my medical bills, I won’t make my goal. I have to start putting saving money first. Getting depressed about my situation.

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.

Hi Fishes,

Can anyone suggest some good Mutual funds to start SIP for 3 years.

What motivates you to start or keep up a side gig? Is it just having more income or a specific financial goal?

Now that the rents are going higher and housing is not affordable. With wfh option is it good idea to love to ranch with house?

Anyone here invested or opted as primary living place outside of cities?

Cheers

If you're being told "take your full lunch" (because by law you need to be given a certain amount of lunch depending on how many hours you work) but then you're told, if work's not done you need to stay until it is, and now people don't want to take their full lunches because it means they'll have to stay after work longer, is that coercion a violation of any federal labor laws?

Are MBB sponsored MBA students expected to return to their home firms for the summer between their two years? I know you're obligated to go back post-MBA, but what about the summer in between?

Hello fishes..
I need some serious advice.
I have been applying for a while now to many companies in last 12-14 months. However I am not able to convert them into offers. 2-3 times I was having more or less same skill set as per JD but didn't pass the 2nd round with leadership team.
My profile in brief
BE Electrical + MBA operations
5 YOE mostly in Supply Chain/Operations Consulting
Currently working in Supply Planning/Inventory planning at GMI
NP: 3 months
Please help

I like working remotely but I'm starting to be concerned that am a little isolated. I'm 100% remote and I live alone. I'm not the biggest people person but this much alone time probably isn't healthy. Does anyone else every feel like this?

Guys, what platform do you use to trade US stock?

How is Kohinoor kaleido project in terms of pricing and future growth?

I’ll wait till the holiday weekend ends then send out a survey to get an idea of the demographics we have in this group

My DashPass via my CSP is expiring at end of the month. Does anyone know if I can get another year of it by adding another eligible Chase card on the same account??

Management consultant evaluating an offer from Google’s Go-to-market team (Strategy & Operations) in India. Two questions:
1. Given it’s an internal consulting role, are the hours equally bad / worse than consulting firms?
2. Is it virtually impossible to move to a product ladder after spending 1-2 yrs in the role?

is there hiring freeze going on in Fidelity International?

I am an email marketing specialist. I am approaching my one year at my new job. I have been going above & beyond. I have been recognized by my boss that I have been doing great as well. I have been implementing new strategies, completing all assignments on time, and I do the most in all of our meetings, interviews and business events. How much can I ask for a raise?

Hi Folks , Currently living in india. Looking to shift to UK within a year . I am SCON in D-USI. Please guide me from scratch how to initiate the process . Do I need to apply for UK work visa first or just start applying to jobs in UK.

Hi Folks
Just wanted to know how is Airbus as a company to join for a person from Sap abap hana technical?
YOE 4

I am going way over budget but 1. Even s seniors have admitted some unique circumstances have happened and 2. I’m working like insane hours 3. I’m trying - I can tell by tone management is not happy with me. I’m legit trying the best I can ....

LA vs Boston. Which city pays higher? Big4 tax

Hello all. Senior Data Scientist here who just moved to Massachusetts.

My assumption is that one makes money in RE with leverage. So, would you never let your equity in any given property get above certain% (I.e re-leverage and invest elsewhere) or would one eventually want to own a property outright?

Got an agent and she was useless for finding good tenants. Got frustrated and finally started finding leads myself and closing on one soon. I have signed a contract with the agent for paying one months rent as fee. How can i fight this or as he has been literally of zero value add? I will ofcourse ask nicely but wanted to see if i have any other options!

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.

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

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?

Any Property Management recs in Seattle area? :(

How much should I invest in buying a HOME as my primary residence.

Current TC: 200k
Net worth: 300k, readily available 170k in stocks, hysa and cash
Current rent: 2000 per month
Age: 30

Wonder if anyone has any excel model or a rule to determine how much I can afford or should go for?

How do you judge a low ball offer with how the market is changing? Earlier this year, you would look at comps and say this is the value. Now with rates going up and people pulling out, how do you justify the value? (View point from the buyers end)

28 year old with ~125k in cash/brokerage. Have been wanting to begin purchasing rentals but anxious to use a good bit of my liquid savings. Thoughts on biting the bullet vs. investing in stocks. In Houston if that is a factor

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. 

Has anyone here used New Western to buy real estate deals?

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

Any investors in the woodlands Texas for single family homes, rent looks good as per Zillow , good school district and houses are still affordable compared to Dallas and Austin

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?

Is it common for HOA to ask you to prove your car registration is up to date?

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?

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

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!!

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