I am skeptical of cash offers getting a discount. It is the conventional wisdom but nobody I know who's sold said they took or would prefer a lower cash offer vs a higher mortgage offer, even if the difference is like $10k.

Which got me curious, if you've ever sold, did you accept an offer that wasn't the highest for the cash advantage?

Junior Associates - How much student loan debt are you and your peers in these days? A few young partners and counsel at my firm were discussing the student loan moratorium and most of us were convinced we could have paid the majority of our loans off with the bonuses associates got these last two years. But we are all old and when we graduated 150k to 200k was about the max student loan debt people graduated with. So educate me. What is the average student loan debt these days?

Roth vs Traditional 401k, thoughts?

Would you invest in individual stocks if you're invested in a fund that includes those stocks as well? Why or why not?

Joining D soon as manager. Can we use Interactivebroker for stock trading?

Which demat accounts can a Citi employee hold ?
Is only Kotak securities allowed ? Are there any exceptions ?

Can someone please explain the process of selling a home when you have an Islamic loan? Since it’s profit sharing i don’t fully own the home right? So if i sell it i can’t take full profits since i don’t own it outright. I’m considering Islamic financing but have so many questions about it. Can you take an equity line? Can you write off mortgage interest?

150K in Singapore, and $150K in Chicago. Which one would you accept?

I am new to the professional world, but I am confused about where I put my money once I have collected my emergency funds, I do not want to do trading but want to play a long term goal of investing, some good advice please?

Recommendations for best ways to save for retirement after contributing to 401k up to match and maxing out Roth IRA?

Was just on a call with my mother who claimed someone helped her bought an investment target that has high consistent return (>25%) without loss to principal and low risk. Is this possible?

Am secretly freaking out because she doesn’t know what she bought. It is her own money but I wonder if it is my place to step in…

Favourite money saving hacks? Signed, Broke in New York.

Guys I'm confused, do we have an IRA account with PwC or is it just 401K?

Anyone have a crypto kitty?

Have an acquaintance who is a single mom; she purchased a used car 3 mos ago. Six wks later her 17yo wrecked it, air bags deployed, and estimates have ranged between $10-$18k in needed repairs while $21k is still owed. Acquaintance was switching insurance policies and flubbed the coverage dates and there were a few days where the vehicle was uninsured. No GAP insurance. I'm not seeing many options for her besides to continue pmts, fixing just enough to drive or voluntary repo. Thoughts?

Well my $500 DOGE bet from yesterday is paying off 😂. This feels like people are just desperate for a bull market based on speculation.

What’s the fastest WI-FI provider in Austin? I have Spectrum abs it’s not fast enough for my house of 5

There are advisors who present themselves as a financial planner first and investment manager second. Which one are you?

Hey beautiful people,
I’m 27Y and work in tech. Unfortunately my carpal tunnel is getting worst slowly. I’m worry that I still have like 45 years more to be retired and can’t stop working because I have a f* mortgage to pay 😭 I have a super ergonomic workstation, but I know my hand needs a long rest, and I can’t do it… Does anyone relate? What do you recommend?

Just heard FY23 partners at PwC are getting only 40 shares vs.60 last year. Looks like new partners are being shown the middle finger by Tim Ryan in favor of increasing stock price and getting more catalyst hires. Sucks!!

2019 Hot Take #1: Mutual fund outflows will continue and accelerate if the market pulls back.

@Cloudflare - What is the maternity + parental/bonding leave like? How long, fully paid, max time one can take, etc. TIA!

Anyone in late 20s-early 30s in nyc looking for friends?

I am interested in hearing from current and FORMER employees either positive or negative feedback relating to the Disability Leave Services Team. Do you feel your rights were violated in anyway? Were you treated with respect? Were you forced into a leave you did not apply for?

I'm going to accept an offer that's 150k+🎉 I'm a single filer, no kids. I'll be able to max out: 401k, HSA, but from my understanding, I will not qualify to utilize IRA? Aside from building a 6-month emergency fund (HYSA), what are potential next investment vehicles? I do know I want to start purchasing real estate for cash flow. But what about mega-backdoor Roth IRA? I'll admit, I still need to read more on it.

Just curious what investment vehicles you're using to get to FIRE.

How to pivot into consulting with corporate operations experience?

Are there any sand volleyball courts in DFW that keep lights on at night. I've tried Sandbar and Sports Garden but they are really crowded and you can't even bring water inside.

How are ppl feeling about Miami as a city to live in since you can work remote now?

(extent of my knowledge comes from Will Smith movies and songs)

I feel like my boss never joins my working call with my stakeholders, is this normal in big tech, like they don't have time to sit in the same meeting with you to understand and course correct your working styles? Like I am supposed to take the whole lead from day 1 independently.

Any Mental Health Techs or Clinicians at “Community” in Indy. Looking for salaries and experience . I hired on with 6-7 years at $20 even

529 Plan: For folks living in no-income tax states (Texas, Florida etc) and have 529 plan. Did you go with a brokage acct( Schwab, fidelity etc) or just a state plan? If you went with a state plan, what state plan did you go with and why? Thanks

Hi, hope u doing great. I'm looking for management consultant role. Could u please help me to land in this profile. I'm working student with 3years of work experience. Pursuing MBA ( Will be complete in coming june) from GD Goenka University, Gurgaon.

Hi everyone,

I have joined a company with degree background. If I do my MCA in distance mode. Will that be valid, if I want to shift to another company

YOE: 7
Current CTC: 20L (19 Fixed + 1 variable)
I'm a Java developer building products in networking domain. I'm strong in converting requirements into design and building products from scratch. I'm spending 12 hours everyday at work, unable to spend any time on brushing up algorithms.
I'm not happy with the money that I make for the efforts that I'm putting in, want to switch to good product company. I wish I get more time to learn and prepare for interview. Just putting my thoughts here.

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!

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

NJ market - Cousin of mine who has >500 rental properties advised that over next 3 yrs it’s possible for me to get 3 multi-fams if I buy 1 every year for next 3 years, by doing FHA on the first so 3.5% down and then doing less than 10% down on the next 2 if I do it right. Everywhere I read not seeing how that’s possible. can anyone explain pls? Is there a hack that after getting the 1st owner-occupied prop, I don’t have to put more than 10% down on 2nd home, and on 3rd??

Hey everyone, curious about pros/cons and profitability of renting out a unit long term vs AirBnB. Let’s say it’s a condo downtown in a big city, how do you figure out what’s the better option?

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.

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

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

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?

Who is still in denial about a housing correction? The Fed just made another .75% increase. Powell said they won’t stop until inflation is 2%. He also said a recession would be better than the consequences of unchecked inflation. He announced he will bring rates to a “restrictive level” until “the job is done”. He said that labor demand needs to soften (ie: layoffs). He very explicitly said he wants to slash demand and that housing needs a “correction”.

I'm early in my career, managed to save $30K to invest, and want to get my hands dirty with a rental property without too much risk (e.g. no HML/flipping). It sounds like that's a tall order in the NY/CT area given the prices, not to mention whether I'd be able to get a mortgage on anything below $100K, but I figure I'll give it a shot anyway. Any advice on what you might do in my position? Am I being crazy with this idea?

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

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. 

What do you all think of fundrise and start engine Real estate Reit ? Any experience? Would you invest here if you didn’t have the time to actually buy and rent properties? Any insight is welcome.
Thanks

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

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

How big is to big for an initial investment property. Theres a 20 SFH portfolio for sale by me for about a mil. Is this to big to start with initially? I'm less worried about the Financials (feel comfortable on that end) and more worried about the managerial aspect.

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

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

Question for folks with second homes: Considering buying a vacation home but would be primarily for family use. We currently have a primary residence with a mortgage balance of ~640K, so my understanding is I could only deduct the mortgage interest on 110K of the second mortgage to stay under the 750K cap. If I were to buy the second home through an LLC, would that allow me to exceed that 750K since the expenses of the second home would be pass through expenses/income?

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?