How do get cash flow rental properties in California? Every time I run the numbers, they do not work out, or the return is super low (1-3%). Is there a better strategy to REI in CA?

planning to sell my 2 BHK flat in Rahatani , near kokane chowk..if anyone interested ping me so can share the details. Thanks!

Follow up on Rich Dad Poor Dad...General consensus is to buy real estate...So for those of you who have read the book, have you bought any real estate lol?

Hello everyone, I'm trying to get into real estate investing. Some of the books I've read have talked about buying a multi unit property and utilizing investors to get the necessary capital. Does anyone have experience in getting investors? How do you identify investors who may be interested? Are there any sites where you can invest in or post investment opportunities?
Thank you in advance.

Recently received notice from landlord rent is going up ~20%. For reference, it is privately owned condo and did not sign at a COVID discounted rate. Super frustrated. What are others seeing for rent increases?

Pranam Fieshes ,

How to declare tax on joining bonus? First time got joining bonus , how to mention it in tax declaration . Please help

Your lovingly,
Fish

If I’m contributing to my Roth 401k vs pretax 401k and my employer matches 10% of my contributions. My employer match be 10% on my post tax contributions right? Technically meaning I’ll be getting less of my 10% employer match then if I were to do pretax 401k since that match would be on a higher amount?

Anyone recently got a mortgage through SOFI? can you please share your experience?

Thoughts on Overstock OSTK since the holiday is around the corner at the current share price ~67?

Newbie quick question - is the 1% calculated based on rents collected, NOT including your own mortgage payment if it’s owner-occupied?

Ex: looking at a 3 family for $500k, let’s say rent is $1800/each for the 2 units, hence 3.6k month, but I live in the other. How do i apply the 1% rule here?

$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?

Hi Fishers,

DM me if anybody want to file ITR for last year, I will help you get good refund amount for whatever tax paid or deducted from salary during the financial year.

**Can I take retirement?**
Hi All,
I have around 29 Lac savings + 5 Lac gold.
And my wife has 28 Lac gold(wedding gift) + 80 Lac(ancestral) Land.
We have a child, his current age is 2 years+
Currently our monthly expenses are around 22k(max), and my CCTC is 15 LPA+ with 8+ YOE.
My age is 29! I don't feel like working anymore.

Thinking of starting and Only Fans account for extra side money. Don’t know what it would be yet though. Sounds wild but my salary barely covers the cost of living and I’ve been living with school debt. Anyone have one on the side? Serious answers only please!

In the same day

Fidelity files for a bitcoin etf
Tesla let’s you buy their cars with bitcoin

Beginning to invest. Which is better? Merrill edge or fidelity ? Have a BofA bank account and an employer Fidelity account for RSUs. Also have a TRoweprice 401k account from past employer.

Hey 🐠, I’m looking to purchase my first rental property in Charlotte, NC at the end of this quarter. I’ve been thinking about it for the last two years and finally am ready to bite. I have $25k in cash saved up. Any resources you all can point me to so I do this right? No one in my family owns property so i am the first to embark upon this wealth building journey. Any advice will be greatly appreciated.

Does the employee get both the employer and employee contribution to PF or only own contribution to PF?

Deloitte fish: I’m an alum trying to do some retirement planning. I was an SM2 vested in the pension plan (I worked in DTTL for 7 years ending 2013) and want to find out what my actual benefits will be and at what age. I have no paperwork and 800-Deloitte does not seem to have a way to route me to the right people. Does anyone have a human contact or procedure that can help me get this info?

Can one get a home loan from US financial entity after combining assets of 2 people, where 1 lives abroad with no income or credit history in US?

Can anyone help me with the interview questions for marketing analyst at Agoda Bangkok. ?

Hi,

May I know what is a good salary for a R&D project engineer(2 YOE) in a semiconductor industry in Belgium?

What corporate practice has better longevity if your goal is to stay in big law for as long as possible: M&A or Capital Markets?

I cried at my desk for the first time today. Year 3. I’m tired.

Anybody know if there’s a Toronto Lawyers bowl?

Hi Guys
Any suggession for last email. Jaate jaate dhamaka karna h EY m 🤣

Hi gold fishes can I get a few likes to get going here? Much appreciated.

Hello! I’m looking for a female sports masseuse that has availability between tomorrow and next Thursday, does anyone have any recommendations? I’m a long distance running who has been training for a marathon on may 1st. I do have a car so I am able to drive if they are located in the greater Boston area.

Does Atos give access to udemy business account to its employees ?

5th year/new manager in audit. Any tips on how to be a successful as a manager?

How many of you still wake up early to watch Test matches ?? I have woken up 3am EST to watch India vs Australia, India vs SA series

Any news on midterm promotions in January just like last year ?

Who all agrees PWC is full of toxic interviewers who just come to satisfy their ego & pass the frustration

Is it same with work culture too ?

Infosys lateral - Experienced
Hello all,
I have given interview on 19th Nov 2022 and the same day, I received an email to upload some documents. Can someone tell me how much it would it take to move to the next step in the recruitment?.
The portal shows "Review in progress." Any input on this will be appreciated 🙂

What areas do younger working crowds stay in Dallas? Hopefully with some nice parks/breweries/trails around. Thanks!

Will be moving to Dallas soon :)

Can anyone guide me to useful resources to create a Risk Matrix for an IT Project? Preferably aligned with industry standards.

Hi Folks,

Just wanted to know what is the average package for the Analyst role at Bain and Company for someone who has 5YOE?

Thanks

Daily Wordle!
JUL. 19th 2022
🟢🟡⚪🟢🟢
🟢🟢🟢🟢🟢

I am in the process of buying my first rental property. What type of insurance do I need? Rental, landlord, condo insurance? A bit confused.

Got news that my house closing may have to be moved due to a delay in the sale of my home. My partner’s income was excluded in the DI ratio, but if it were included we’d be well under the % threshold and can be approved to close on time regardless of the sale of my house. However our mortgage company’s underwriting team has been painfully slow in confirming if her income qualifies. She’s been at her new job 1 month after a year off. Anyone with underwriting experience have insight?

Bought a house with 10% down for 380k. Appraisal came in a 400k but now I’m doing renovations. Completely redoing both bathrooms in the house. Removing popcorn ceilings, installed new AC with new ductwork and insulation, installed a new tankless gas water heater and building out laundry room in garage. Should I refinance after this to get rid of PMI? Current rate for 30 yr is 2.625%. Aka is it safe to assume my appraisal can come back above 435k to equate to 20% equity?

I see two crowds these days. One thinks housing market will crash. The other thinks housing market will soar.

The contrarian in me makes me think this is a decent indication that housing market will stagnate (or increase minimally) for a few years.

As a general rules, I feel like the majority cannot foresee a crash/surge coming. The prevalence of such expectations would hamper the pre-conditions necessary for such a dramatic change.

Is the rate going up in anticipation of Fed’s decision? I was quoted 3.25% from my firm’s preferred lender today. Seems a bit high.

Unwise to offer no appraisal contingency? Going to offer above asking price on a house with multiple bids. Realtor suggested potentially foregoing appraisal contingency to show we’re committed to closing. We have a lot of cash but wouldn’t it be a red flag if the house doesn’t appraise for the full value? How risky is it if we’re only paying 10-15k above asking? Any other considerations? Thanks!

Home depot or lowes for kitchen remodel? Avoid ikea?

It’s escrow review season where we all find out our property taxes went up 🚀🌝

How soon can you apply for a credit card after closing on a home? I’m hoping to put renovation expenses on a card to take advantage of sign up bonuses, but don’t want to tank my credit score

I am wanting to start investing in real estate in the new year… I’m using this month to read up on it and familiarize myself with it. I am a true beginner and wanted to ask for any tips, tricks, advice, books, videos, magazines, podcasts, etc to start? Please let me know!

Has anyone used redfin to sell a home and save on paying commission? Is it really just 1%?

Fishes! what are the best grounds to dispute my property tax valuation? What support should I have?

Commercial Real Estate: how long did it take you to know if this is what you want to work in?

I am looking for an investment property and reached out to a realtor and had a couple of conversations with them and they have sent me the listings and I told them to start scheduling viewings and told them my availability this weekend with the houses I like. They said they would schedule something but I haven't heard back and it is now Sunday evening. I didn't follow up because I got busy, but is it a sign to change the realtor? What's the best way to find a good realtor?

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

What kind of refinance options do I have on a property worth 75k that I own outright? I want to leave 20% in and cash out but I feel for such a small balance the fees aren’t worth it

I have 100k to my name. I’m thinking of investing in by going in with 3 other family members and buying commercial units. I was taught to rent where you live and own your investments so your not tied to it and restricted. To give context I’m 22 years old, and I see other family members having a headache selling their home. My question is do you guys recommend owning where you live vs renting ?

I’m graduating undergrad in May and want to do real estate investing long term. Is it worth it to get my brokerage license in the state that I’m moving out of (I would want to do out of state investing) or should I just take a general real estate investing class. The goal would be to grow in knowledge about all things real estate. Also, any advice on real estate investing for a beginner would be appreciated!!

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!!

Any suggestions for central NJ housing esp. when it comes to finding upcoming new construction single famiky? Feel like this market needs a correction given everything is 1.2 million or above