I own my house outright. Thinking about buying a 2nd home out of state and taking out a mortgage for it. Would it be considered investment mortgage or a personal residence one?

What apps do you use to purchase coins such as XRP

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

Planning buy Audi Q7. Dealer says there are no rebates and offering the car at MSRP. I know we can get it for much lesser. Any tips about negotiating?

What companies do you recently regret not investing in?

Who else is reeling under the pain of taxes?

25 and a year into having a brokerage account. How does one build a strong portfolio? I’m currently doing well based on stock picks but understand that it’s really just luck based on this rollercoaster year. Holding for the LT

Hi everyone! I’m a young professional right out of college getting into investing and personal finance management. Trying to better understand and educate myself on personal finance and investment strategies. Can someone recommend some recourses (books, podcasts, experts to follow, etc.) where it’s clearly explained for beginners? Trying to make sense of 401Ks, Roth IRAs, emergency funds etc.
Like I’m looking for someone like Dave Ramsey but for investment and money management advice.

Sub dollar coins that are going to absolutely pop in the next year or two?

Just starting to invest, should I make an account with Vanguard or Fidelity?

Up to what salary did you contribute to Roth retirement accounts before switching to traditional?

Thoughts on credit funds? Immediate start offer is tempting.

Refinanced my house last month and just got a $5k check for the property tax escrow balance from my old loan. My plan was to use that to put down on the new loan (new lender funded the property tax) but I’m wondering if I should just invest it? My rate interest rate is below 3%. Anything I am missing here? New to this process.

I have got an offer based in Boblingen, Germany with 60k euro as fixed. Will it be enough for a couple with a 3 year old kid ? My major expense would be accommodation, groceries, kid’s school and transportation. Please do let me know your valuable inputs. TIA

What other cards to add to my collection? I have AmEx Platinum and Chase Sapphire Reserve. Fly Delta so AmEx is handy for lounges. Use Sapphire for dining/travel. Should I add Chase Freedom Unlimited?

Fish fam - quite new to all this and would appreciate your support. if I am based in a high income tax state but work on site in a lower income tax state. Can I claim the paid taxes back from my home state or do I always pay income tax based on where my home office location is?
Thanks

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?

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

Anyone buying a place during Covid times in Denver? How's it going?

Hey Guys, does anyone know if jp has plans to call people to office full time from next year? I have my joining date as 1st November and want to know if they’ll continue with the hybrid model or no?

5/28 Thread (General):

Hi All - My Wharton TBD is tomorrow and I am nervous as hell - would really appreciate tips from folks who have already interviewed? Thanks in advance.

Anyone have insights into Zions investment bank?

So I've been waitlisted for a BCG R1 interview and was wondering if there was anything at all that I could do to improve my chances of getting off the waitlist?? Don't have any offers to leverage...but did get an R1 from McK

Does your firm deal well with associates who need religious accommodations? If e.g. they’re observing Shabbat, do you always make sure to have at least someone on the team who isn’t? Are you even allowed to ask? Pardon my ignorance.

Anyone own a Baltic watch? Less expensive micro brand that has a cool vintage inspired dive watch coming out this summer. Curious if owners like them

Hi, I am interviewing for a senior sap consultant role (MM / Procurement) at ACN and two firms of the Big4. What kind of technical questions should I expect? Thanks for your efforts!

My 2nd round of interview for AWM VP position got cancelled with #JPMC at the end minute. HR said the position is put on hold by Business.. any similar experiences? Anytime HR came back with interview schedule later in such cases?

Hi Folks,

Does as anybody help on how much time CitusTech takes to announce results after an interview of an experienced candidate??

Those who have moved from development into SE, do you have a desire to move into full sales or are you happy with SE and the career path it provides?

Any consulting companies with offices in the Bay Area feel they have a good in-person work culture? Being able to connect with colleagues matters a lot to me and I’m hoping to hear which companies have a strong and connected community out by SF! :)

Saturday Wordle 280 3/6

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Considering moving from BD/Partnerships in tech to Corporate Development. Has anyone here done it? Did you like the switch and do you have any pointers on getting in

LOS- Tax, retain shows no hours booked for the next few weeks. Asked my coach and he responded not enough work to give all associates 50-55 hours...I haven't received warnings- should I be concerned?

I spoke with a partner recently and they asked what they can do to help me. What can I say? I’m about to transfer offices so not sure of how in-depth to go in my convos about career goals

How is PwC AC at senior levels? What is hierarchy

In process of buying a house, both my surveyor and specialist damp contractor found damp under kitchen tiles (In the grout) & in skirting boards and up one wall. Sellers had work done initially in 2014 on the wall only(with garuntee) & their company has visited and assured there is no damp… what is next best course of action, get another damp specialist to examine independently of other reports? I don’t trust them….. (U.K. Victorian terrace, damp is in the kitchen extension built circa. 15 y/o)

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.

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.

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?

Is it okay to buy a home worth 660K for a couple earning 325K TC together? The HOA and taxes for this home bring the monthly payment up to ~4.8K which is ~32% of our monthly take home after tax…we’re first time home buyers, any advise is 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?

Closing on my first home. Advice for anyone with student loans in administrative forbearance per the Cares act: once your offer is accepted have you student loan servicer put your account back in repayment status.

Accounts in forbearance, even administrative forbearance, are calculated at a higher monthly payment by the underwriter.

My fictitious debt to income ratio was too high for them to approve me, and it took seven days for my loan to be officially back in repayment. So just a heads up.

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

Hi - any good books recommendations for getting started on real estate investing?

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

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

Buying a new construction single fam house in PA suburbs. Already Signed the contract and Looking for a lender with lower interest rate. Anyone come across comparable lower IR lenders? Any insight is appreciated! :)

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?

What rates are people getting for condos? I’m thinking about selling my condo (I had 3.25%) but my realtor said that the rates are so high now that if I were to buy a similarly priced place, the monthly payment would be like $800 more. I’m bad at math, so I wanted to ask here to confirm this is accurate. Mortgage is around $700k

I am looking into buying a multi unit (dullex,triplex,quad) in Chicago ideally in Lakeview East/West, Lincoln Park, Wicker Park, Logan Square, Bucktown areas.

This will be my first property and planning on living in one of the units. Downpayment will come from what I have in stock market but wondering if anyone has any models to how to analyze if it would be a good investment property. Would appreciate any help? First in family to get into something like this.

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

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?

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?

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?