How might I start to evaluate whether or not it’s worth it to keep my current primary residence and turn it into a rental, instead of selling and using the cash to roll into the next down payment for our next home? Currently in our “starter home” and thinking to upgrade in a few years. Some figures to consider for current house - 299k purchase price, 240k left on mortgage, could prob rent for 2250-2500/month, or sell for 375k. It’s in a desired school district, but in the “city” tax district.

What is the best way to invest in IPOs.

Does Platinum Corporate Amex worth the $550 fee in terms of points? Let's say I travel up to 50% of the year. And EY doesn't pay for the membership fee anymore, right?

Not related to consulting but anyone has experience with ratehub / canwise financial as lender for the house mortgage? They seem to offer better discount on Prime rate compared to the big 5 banks.

People worrying today should read books on trading psychology! Not being patronizing- it will help you in the future, not just for investments but for doing better in life!

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?

I am joining JPM as a VP. Which brokerage accounts are permitted at JP for personal trading?

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

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

Moving to NYC soon for an entry level salary in IBD- what taxes can I expect to pay?

What is your favorite part about being a realtor?

Which bank account is better for salary account?

HDFC
Axis

Hey FB fam. I’m putting together Financial success resources. If you have any books, articles or podcasts in relation to personal investments or real estate you recommend, please feel free to share 🙃

Is it crazy to put down 50% if that down payment amount is almost 50% of your net worth?

Looking to move out of California, and considering buying a townhome in Atlanta for ~$650k. Any thoughts on the Atlanta real estate market?

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.

Hi! Anyone attend law school part-time while working full time? If so, would you be willing to share the total debt you graduated with? I only ask because I have not been able to find any info related to this online (only stats on full-time students).

I will be submitting applications to schools in one month, but really want to gain a better understanding of finances during and after graduating from law school.

Alright this bowl has convinced me I need to buy a Rolex. Where do I begin? I know my brother got a Batman GMT after about a year at a jeweler he never purchased from a few years ago, but was he just lucky? Do I need a relationship with an AD in today’s market for a Sub or GMT? Based in Seattle but would prefer to buy in Oregon to avoid taxes

Hi all,
I’ve recently transitioned from Travel Customer Service role (8 YOE) to Analyst in the same LOB. Earlier I resolved travel queries through calls/emails, but now my role is to analyse travel spending on Amex cards. Now I want to remain in analysis field and grow. I currently only use SQL, Power-BI and MS-Suite. What should I learn further? Which tools or is there a course I should do? I’ve only done Graduation and thinking of doing PGDM in Data Analytics or BI.
Any suggestions?

Hi sharks,
Bowl seems so silent. Can we keep it interactive? Please suggest.

I am so depressed working in banking. I have only been at it for a couple months, but I feel intellectually stifled, sleep deprived, I haven’t been able to workout at all, and like I’m losing friends.

I’m an international student with MSc in CyberSecurity. I’m in search of a company willing to sponsor my green card. I’m proficient in Cloud Security with certifications and projects to show for it. Any potential employer can please reach out.

How many days it will take frm joining cg to complete all formality, getting laptop.?

Hello, anyone who worked or who's working at Hashicorp. How is it for a Sales Engineer?

Anyone interested in taking over my lease for a 2-bed room spacious and nice apartment in the heights (11th st)? Amazing location, gated garage and great place. Rent is 2,250 a month, lease ends in Feb 26th 2023, and I’m moving out Oct 15th (I’m flexible)
@DM if you’re interested

Hi All,
I have below offers. Could you please help me to choose best.

MasterCard : fixed(21L) + Variable(2.1L)
Mphasis: Fixed(25.5L) + Variable(1.3L)

Please suggest.

Hi all,

Are there any jobs related to Finance BPO/Generals accounting/ Record to report process in Indore ( M.P) or are there any companies related to this field who are providing permanent work from home??

I am struggling to spend the time to study for the PHR. I have everything I need, but I feel exhausted from the work week every weekend. I’m looking to take it in August.. help? What do I do?

Can anyone help me with referral in Deloitte?

Let’s talk credit cards! Is there any one which has 0% foreign transaction fee? (Like Revolut)

Does BOA provide welcome kit to new joiners?
If yes, what's that?

How to complete TQ in Accenture

Is it appropriate to give your PL a gift (MD)? It was a promotion year to SM…

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

Looking to buy in the DMV suburbs (northern VA). Is this the wrong time for such a move? Beyond down payment, got about 6mo emergency fund and must tap into it for moving&house expenses like furniture

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

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

How long did it take you to buy your first million dollar home? What were the steps you took to get there?

My dream neighborhood is 10 min down the road but entry point is 1.2m. Currently my house is worth around $550k

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

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?

Would you pay an extra ~$100/month on top of existing monthly PITI for access to $65k in equity from your home? Want to use it for either A) down payment on new primary or B) net new investment property and see if that can fund the next primary

I’m in Dallas and have been renting for 5 years. I don’t have any savings, but have about 30k in my 401k. Im thinking about leveraging that to buy a condo/or house. Is that a good idea or am I in over my head? I mostly want to, because I’m tired of renting and I’ve read reports that prices will only continue to go up. Although, I will have to pay back the 401k + pay rent, so maybe not a good idea. Advice/resources would be helpful.

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!

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

Thoughts on buying pre-construction homes in markets that are popping and flipping selling them when construction is complete?

My uncle does this (he’s a realtor) and usually gets 2-3x return. Obviously there is huge risk because property prices can change a lot in 1-2 years, but at the same time the upside is hard to ignore.

Anyway I protect myself against the downside risk? (other than loosing my down payment)

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

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...)?

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?

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

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?

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?