If I purchase a property for $425k, put $100k down, how much income would the property need to generate per month as a temporary rental to cash flow?

I was just checking my salary slip on new payroll tool and found some interesting things.
There is some ex-gratia 3 amount ( less then rs. 500) and income tax deducted is more then last months (which is unusual as I have declared my fbp and IT declaration in oct only). Upon checking in IT statement found I got gift perk of around rs 4500 but it eas not added to my salary in account. Did anyone know where is this gift perk and how can I use this ?

If a company matches 50% of 401k contributions to 6% of salary, does that mean they’ll put in 6% if I put in 12% or will they put in max of 3% on my 6% contribution? Curious what their wording means

Tampa lawyers who work downtown: where do you live? Looking to purchase a house soon and am trying to decide between a low commute time (crappier house and a tight move financially) and a longer commute time (nicer house and more comfortable financially). The longer commute time also comes with better public schools, and I want to have kids.

Need help looking for a 1 bd, I’ve tried domu/Zillow but none of the options are appealing. Should I be using a realtor?

Budget: $1,200
Areas of interest: LP, Lakeview, Wicker Park, Old Town, Streeterville, West Loop, River North

First time participating in ESPP this last period. I received a heads up email that Morgan Stanley will get in touch to open a broker account, but not heard from MS themselves. Anyone in a similar situation?

Where are you on your PSLF journey? I have 2.5 more years before my $250k+ is forgiven. Keeping my fingers crossed for another forbearance extension 😊

Porsche IPO worth buying now amid market and economy turbulence?

Has anyone been able to refinance student loans on F1 OPT / H1 visa? Would love to hear about your experience.

MU & OCLR, stock bowl anyone?

Is it smart to invest in Apple right now?

How is 99k salary in New Jersey area ? I have to settle with family (wife and kid 4yo). How much i will get post tax deduction ? Can any1 help with approx expenses (avg middle class living) per month

Any Deloitte people trade on robin hood?

I feel like I'm going to get screweeeddd over with this upcoming housing market crash. I know we paid hundreds of thousands more than the house is worth 😭

Finally I am a tax payer of India.... After 3.2 years in TCS, will pay tax on 8k😂😜😜😜

Mid year check in! Jan 1, 2021 someone posted asking what everyone’s net worth goals are. How’s everyone doing? My goal was 75k and it looks like at this rate I won’t reach it by EOY and I’m ok with that!

Still using Ally Bank savings account, but the APY had dropped to .60%. Time to move. Any recs on personal savings account? This is my emergency “savings”

What do we think is going to happen with student loan deferral? Any recent new grads thinking they’re going to pay back any time soon? Some argue Biden is going to keep pushing interest pause til next election then forgive 10k as a strategy to help get re-elected? I only have 15k to pay and can pay it anytime, but no incentive to when that money can be earning more elsewhere in the meantime, thoughts on what is really going to happen?

Hello all!
I'm 26, I studied economics but I don't know why I'm not much into investing/trading. Someone else like this?
I recognize this is not a very good approach for someone with money "knowledge" and I would like to change this mindset. My main weakness is that I easily get bored of following the market and that I do not see big opportunities. Any advice?
Where to start learning, general advice for LT and ST investments, things you learnt, books that changed your pov on the topic etc.

Thx!

Is it mandatory to submit previous employment declaration while submitting Income tax declaration. Or we can just skip this. Since this is my 2 nd company not aware of this much. What happens at the end of financial year if we don't declare previous employment declaration. Seniors kindly help🙏

What's a good replacement for my daughter's old Ford Fiesta? Not much of a car nut but my ex-husband raves about this page so I joined up. Fine with a used car or new, just want a similar price point and keep it small, she doesn't want an SUV. I was thinking a newer model Kia soul maybe?

Got an offer from Capgemini for 10LPA fixed and also I got an offer from HCL for 11LPA (includes variable pay but mentioned it will be paid monthly basis) , which one is good to join to develop my career growth. Having 4YOE in network security , vulnerability management and selected for the role of vulnerability management in both the firm's
Please suggest me.

Has anyone here exited MBB to Apple?

How do you appease the client when they call and ask when their tax returns are done and they want them done now but they are further down the queue of returns because they submitted their PBCs later than other clients who submitted their source docs on time?

Hey, anyone keen to meet up, Vancouver B.C.?

I wanted to flag so others can know, I live in mcol and I just received an offer for 120k base and a 15k signing bonus. I have three years of experience. I asked for a signing bonus and a 110k salary. If you are a senior, you should definitely be applying and just see what comes up. Crazy the market for seniors right now

anyone else in biglaw not get a special bonus? i’m obviously grateful for the salary, but it feels weird seeing all these firms giving away special bonuses & mine being silent

Looking for feedback on DXC salary practices. Annual increase? Merit or CoL? What about bonus structures?

Scheduling added another S3 (my level) to my engagement but acting as a manager, while I’ve been on this engagement for a few years and getting great reviews. My ego is shot and I’m insulted. Advice?

What was the hike % last year for a Senior 1 with 2nd rating who didn't get any promotion/progression?

Any recommendation on interesting wfh accessories. Other than keyboard mouse table chair.

I’m looking to get my first job Online i need help please…

let's do a haze pro bono

Is Canada visa initiated for anyone in TCS

Is there some specific time when visa will be initiated for Canada

Hi Sharks,

I am done with the L1 round this Monday (26th Sep) and got a response next day over email with the Subject line "Interview Feedback for L1 Interview", in the email it was mentioned that we will get in touch with you shortly.

How much time will it take any ideas?

What is everyone making for the holidays? Need some inspiration for sweet n savory!

Anybody have a 39mm Polar Explorer II? Thoughts?

Can someone please help me know what is this "gift perk" the comes under the head "Adhoc income" when you see the IT statement(under new payroll) ? This adds up to my yearly Income but I don't see that in my salary slip.

I am currently expecting, have informed my team. Since the organisation is in hybrid mode, when discussed earlier i was told that it is flexible in terms of wfh depending on my health condition. But now my department wants me to be in office twice a week irrespective of the prior discussion. Still half of the office is on hybrid mode. Is it a fair ask?

How did Barclays helped it's employees during COVID?? Did they fire anyone???

Can anyone recommend a solid lender in Westchester County single family homes? Low rates, good service, easy to deal with.

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

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

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

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?

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!!

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

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...)?

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?

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

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 share my first property with a family member which is my primary home. If I buy a second property (and keep the first property) and live there, does that second property now qualify as my primary home?

How did you decide where to live? Have a young family, working remote, and currently living in a city. Looking to move to the suburbs but a bit overwhelmed with the number of options. Also struggling since we don’t live close to family and don’t like the areas family members currently live in.

I am considering putting down an offer for a TH in a community that has Mello Roos. It gets added to the property tax. I am looking at paying an additional 5-6k for that.

Online videos say it’s all good because the money gets invested in building the community .

any potential downsides? In terms of future sales and demand ? What am I missing?

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.

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.

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

Does buyer have to share appraisal with seller? Can seller request it?

Hi all, I’m in the north east metro area and due to the current RE market we decided to look into PA specifically Lancaster. Anyone in this market and have any thoughts on where it’s headed? We’re looking purchasing a single family property all cash at 110k that rents for $1100 a month. The last owner bought for 35k like 15 years ago 😩 but hoping buying and holding for a few years will give a equal or greater returns over the long run.

Anyone know the average annual rent increase for 1200 sqft 2 bedrooms? I’m renting and want to know what to expect in a few weeks