Hey guys! I wanted to hear you opinions. Wanting to invest in real estate. However, there seems to be a lack of deals in my estate. Have you done out-of-State deals? How was your experience? Would you recomended? I had a conversation with a RE coach telling me that he has a program to help me find deals out of state.

Cross posted: Has anyone ever heard of this type of real estate private equity fund structure:

-One LLC, so only one PPM
-Multiple investors that can be onboarded anytime
-Multiple investments that investors can determine whether or not they want to invest in
-One K-1 per investor based on their investments and income
-Ability for the Sponsor/Fund to invest directly, indirectly and in equity, debt, Pref, etc.
To me this seems extremely cumbersome and would require multiple classes of (cont’d)

If I JUST got my Uber Visa card, before they announced all of the changes in their rewards/cashback system, is it worth it to close the credit card?

I can’t believe I sold my NIO positions after holding for several months right on time at $53 this morning. What is a good price range to buy some positions back? Any thoughts? Thanks!

Hi fishes

My package is 25.5 LPA fixed. Can someone suggest which tax regime would be better for me. As of now I do not have a home loan to claim tax benefit.
Also what could be the in hand salary in my case.
PF deduction : 153000

Under contract to buy my first home - house hacking a triplex. Property has been leased by the same three tenants for the last 5+ yrs, rents haven’t been raised since they moved in. Market rents have risen 70-100% in the same timeframe. All seem like ideal tenants (retired and take great care of the units) but I’d like advice on how to approach the rent increase conversation. Rents don’t make/break my mortgage payment but I’m leaving a lot on the table if I don’t increase significantly.

Can anyone give me a rough breakup of expenses in Dubai please for a single person. Is 12-15k AED reasonable every month?

Angel investors : What returns do you expect when investing? Also what’s your range of investment?

What’s a reasonable amount to coinvest in a PEs fund? ~$300k nw

I got married in 2021. Before my wedding I lived in State#1 and after the wedding I moved to State#2. My spouse lived in State#2 the entire year.
Can I file as Married Jointly in such a way that State#1 only calculates my income for the portion of the year I lived there?
Or do I need to file Married Seperately?

Is buying VIX Puts and SPY puts a good strategy to profit off of coronavirus volatility on both sides this coming month?

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

I wish I wasn’t adaptable. Humans aspire for a greater level of comfort and once achieved, adopt that as their new baseline. Because of this, somebody making $100k cannot simply comfortably revert back to a $50k lifestyle. The slow growth of personal wealth isn’t noticed as ideated. Instead, we are never satisfied.

Can you relate? Has your salary / net worth growth dramatically improved your quality of life?

Let's say through a combination of aggressive saving, high income, and savvy investments, I manage to save several million by the time I'm 40.

If at that time I decided to pursue my passion and go to law school so that I can be an affordable attorney for worthy causes, will my age hold me back from getting into law school?

1M net worth, 450k total comp, age 35, just paid off tons of student loans TONS, want to retire at 50. What’s the move?

How much percentage of your Salary do you Save/Invest?

Base: 5 lakh
HRA: 2 lakh
Max how much I can exempt with HRA while filing ITR?
I live in my own house. I can pay to my parents in the name of rent.
What are the documents I need to produce?

How can I invest in real estate ? Looking for an additional passive income source

NRF matched Millbank in TX yesterday

Phone and Internet bills reimbursement claim in Grey HR. With this claim are we getting Income tax exemption or reimbursement of cost. Can someone clarify it.

Best place to get pre-qualified for a mortgage?

I have some collections on my credit report. One from an electric company for $800 (imo they violated terms of contract and sent me to collections in spite of their fuck up), and an apartment for $80~ that charged me a cleaning fee when my apartment was spotless.

Despite these two collections have a 712-720 credit score.

So mortgage lenders care at all about the collections or is it mostly the credit score that matters?

(cont)

Someone talk to me about Isobar and/or IA Collaborative. 👍👎❓

Would anyone recommend or share a side hustle that would complement a banker’s 8-5 M-F schedule? As of now, I do an hour DoorDash before work and after work I do DoorDash and Instacart for a couple hours. I do this as well on the weekends targeting about $200-300 a week since I am in a really small market. Looking for more creative, cost effective, and efficient ways I can supplement my average salary. TIA!

People who work in any engineering capacity are usually very hardworking but it's not just because we have to be, it's also that we find this stuff really fascinating, kind of like a book you can't put down

Hi Fishes, Question about product metrics.
You are product manager of instagram in 2018 and launching reels feature. What success metrics will you choose and what will be your expected adoption on launch.
Similar que: launching status on whatsapp.
Any idea how to answer this. How to decide benchmark numbers etc??

Any recommendations on women’s watch (or mens watch with <36mm case size)? Style can be any as long as it’s automatic with a clear case back. Budget is ~$5000-$7000. TIA!

Anyone in the New York area going to the Seiko 5 Sports x Worn & Wound 10th Anniversary Limited Edition Launch Party??

Hey Everyone,

Any idea on how is the Job market for Power Platform (power bi + power apps) technologies in Canada??

My company is trying to retain me by saying they will file for Canada visa. Is it a trap like assuring h1b for usa ?

How long it takes for Canada Visa ? And what are the chances for getting work visa for Canada?

Hello everyone, I have 8 years and 3 months of experience. I am working at TIAA GBS PVT. LTD as network security engineer from past 2.5 years. I got an opportunity in Silicon Valley Bank in Banglore. Got an offer of 30 lakh pa ( all inclusive). Just wanted to know the review about this organisation. Hows is the work culture? Need your valuable opinion about Silicon Valley.

I have an offers of 25 lakh from BT noida. Thanks you all.

Looking for part time /remote BI analytics assignments in Atlanta report /dashboard development using Tableau Cognos or power BI

Anyone want to bar crawl the beltline tonight? I moved here during the pandemic and have no friends around

Anyone have recs for a really good couch cleaner?

How do you assess the quality of your program? Do you use the ACTE framework?

I have 1 sheet with names and sheet 2 with a large list of names that may or may not be those names - which also have corresponding unique identity numbers. How do I easily match the names with the same names and keep the unique identity numbers for importing later?

It’s so slow right now, we all know things won’t pick up for a while. As a hustling workoholic this is the first time im looking at a longer dry spell (being realistic). Longtime freelancers how do you spend your downtime? Make the most of it aside from doomscrolling LinkedIn for job leads and sending cold emails?

If anyone has problems with leaks or anything facade related I work in facade restoration, preservation, rehabilitation, retrofitting in NYC. I’d be happy to discuss potential solutions.

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

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.

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?

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

Having trouble selling my (retired) dad's house. It needs a lot of work, but has great character. What if I buy it myself for a low, low price? Then I would be able to get a FHA 203k loan to do the updates. Rent it out or put it back on the market in the spring.

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.

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?

Help needed: No idea where to look or how start housing search. Household income (myself + wife, no kids...perhaps in 3-5 years) is $250k pretax and we are moving to Indianapolis (so looking at Zionsville, Carmel, Fishers area). Any idea how much house we can afford? Good resources to conduct the search? Any help appreciated.

Just bought a new primary residence that needs work. Current home has ~$100k equity after buying in 2019 with <$20k down (appreciated around 20% in the last 3 years, in a major metro area). Would you:

1) Lock in the appreciation & sell now. Use some for renovations/other investments.

2) Keep for another 2-3 years & rent out for a small cash flow (<100/month if self-managing), get a HELOC if needed. Note it would not pass my investment criteria if buying today.

3) other approach?

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?

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.

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!!

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?

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?

I'm under contract for a new build in progress that won't be done until much later this year. I fully expect interest rates will be higher than what I originally estimated. I may or may not try to lock in a good rate early, but I'm planning on renting it out and this throws a bit if a wrench in my margins. I can take it financially, but wondering, If I absolutely needed to get out of buying it, what recourse do I have? Or could I go ahead, and refinance later (who knows rates at that time...)?

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

Our appraisal came through exactly as the offer price we put. Apparently by lenders 3rd party. Isnt that a bit fishy? If it came in lower our contract has the option to negotiate a bit with seller. Is lender just trying to push this along faster? I'm pretty sure in this crazy market the home is not valued at what we offered. Why would seller put a much lower asking price then? Make no sense. Please advise!

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

Any Property Management recs in Seattle area? :(