I’m a sales manager at a mortgage company. We do Conventional, FHA, VA, nonqm loans, investor, everything. What questions do buyers and homeowners have about loans? Ask me anything! I’m curious to see views from outside of the mortgage industry.

Best banks/sites/promos to get extra $? Any good experiences with getting new checking account for a bonus?

ELI5: back door Roth and mega back door Roth. What are they, who do they benefit, how to realize?

Anyone have fee based fiduciary financial advisors they’d recommend? TIA!

Thoughts on large companies taking PPP loans?

Seeing it firsthand. Book net income: $5,000. PPP Loan forgiveness: $1,500,000. Owners distributions: $1,500,000.

How do people afford to buy $1M houses in Chicago? Surely not everyone buying them is rich (which is somewhat of a subjective term). My wife and I are 30 and have a combined income of almost $300k and trying to buy something that expensive seems asinine yet people do it. Am I missing something?

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!

With the latest Southwest Visa cc, you get 4 upgraded boardings a year. I’ve used 1. My question is this. What is a “year”? Is it calendar year or your anniversary date of when card was issued?

Incoming MBA, I have my tuition paid for and rent covered (I will be an RA). So the only thing I need to pay for is food and entertainment. Do you think 20k is enough to last me through the 2 years? I will make a little money interning in the summer, so that would be a safety valve if I blow through the 20k.

Or… should I take a small loan?

What is the value of / case for hiring a wealth manager with management fees (say 1% of holdings) as opposed to investing directly in ETFs/index funds yourself (through any of the brokers like Fidelity, Vanguard, etc.)?

Base is at 180k, after tax, insurance , 401k and ESPP (max out), my bi-weekly pay is only like 3600 (like 8000 monthly). Can people really save this kind of money, or most people rely on their stock appreciation?

Any investors in the woodlands Texas for single family homes, rent looks good as per Zillow , good school district and houses are still affordable compared to Dallas and Austin

Hi all - any advice for a first time real estate investor looking to make their first purchase at the end of 2021.

I plan on saving $50K, for a $350-400K property in the Long Island, NY area for my first property. Does this sound reasonable? And does anyone have any experience & advice investing in the LI area?

Id like to rent it out for some positive cash flow that I can then start using to save for my 2nd property (sounds easy when I type it).

Thanks all for your input - stay safe!

Went into a multi family property 50/50 with a relative against my gut. Things are going horrible. Need to get out. Best options? Buy him out? He invested maybe 4-5K in time (demolition work) and 2K in cash. I’ve managed the whole thing for 9 months. 10% of gross rents (as a management fee) would be about the same (6-7K)). Bought at low in market just after COVID hit. I want to keep the building. Seems fair to give him his initial investment back + some additional money for market gains. Help!

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.

What are some of the things that were a MUST when buying your first home and what were some things that you were more flexible with and why? I’m having a discussion with my partner about what we absolutely need and what can be worked on later.

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

Pro tip: live close to poorer people to feel rich. The feelings of wealth are extremely subjective and is mainly based on comparison

Noob investor here. I messed up and need some advice. Invested in Alibaba (BABA) around $245 average cost because I believed in the business but now I’m significantly down…what should I do? I have half investment in my individual brokerage and half in my Roth IRA (I know, pretty stupid of me). Am I screwed long term?

One of friend wants to join at WIPRO..
Fresher
Flexible in any shift timing
BA
Location Kolkata

I am trying to negotiate an internal base increase. Context is that I am at a FinTech following a key strategic and successful M&A in which I was the sole program manager. For reference I have 3 years of experience and have been offered a 10% base increase as a part of my promotion (current salary is 120k). I feel this is quite low given the market but would really appreciate any input

What’s a good luxury SUV? Tied between Model Y, BMW X series or Porsche Cayenne? Open to other options.

I got relieving letter from EY. Will I get experience letter also or relieving letter itself is experience letter?

Looking for an apartment starting august 1, trying to keep under 1400, does anyone need a roommate or have a place to rent?

I just came home sobbing because I got too drunk at my female best friends house and her husbands male friend tried to take advantage of me when we were left alone in a hot tub. My boyfriend didn’t ask if I was okay but instead screamed at me, threw things and left the house. Dumping him is the only logical answer?? Am I crazy?

It’s a new week!! Target to win 🏆.. Win! And keep winning!

What are the chances of Onshore transfer from IQVIA Consulting Services India office to Canada? I also hold a PR to Canada! Will that help I want to apply at IQVIA Canada?

Why do law firms still request transcripts even if you have been working for over 5 years? I am just curious because they seem to be the only industry that still does it. I get it when someone is fresh out of school, but when someone has been in the workforce for 5-10 years, how are grades relevant?

I have an offer for EY LLP for Dell project, someone plz help me , how is the wlb on this project. I had a call with project manager, he told all fairytale things.

Are salaries negotiable at performance review and/or promotion?

Spotify has a couple of really interesting remote first-positions open. What’s their salary range at Director level in EU?

Is this bowl dead?

Does PWC dubai offer mobile phone as an IT asset to senior associates?

Hi, I want to learn how to build ETL pipelines with Pyspark and Azure. As right now i have experience in feature engineering only with SQL and Pyspark.

Can anyone suggest anything online from where i can learn and do hands on?@

After 15 years in the industry, I can really say that these last few years have been the most challenging in terms of navigating all the sensitivity and political correctness.

Anyone worked for State Farm? A recruiter contacted me abt taking over a book of business in my area. I am wondering if I could do that and also be RIA?

Leaving the US after 3 tries of H1B lottery. I’m on OPT STEM, what should I NOT forget before I leave the country? Thanks!!

For those w investment property, how many of you self manage vs using property manager? This is my first condo, relative new build from 2018 and a family friend jus moved out. I would have self managed but am scared about squatting/evictions esp w Covid and the rent memorandums. Thinking of jus getting the property manager as I am new to this... Advice appreciated.

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?

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?

If I’m a Real Estate Agent buying my own property, can I negotiate the Buyers Agent commission to be 0% instead of being paid the buyers commission? Essentially converting what would be Income into Cost Savings for tax purposes?

I have over 12 years in B2B sales/sales management experience along with a graduate degree. I am wanting to shift gears and I am at a point where I can invest time in myself to learn through practical experience. The new industry I am wanting to pursue is real estate investment. I have read all the books but want some hands on experience on the property management side. How could I best leverage my skills for a role in this, and what should my expectations be for negotiation in compensation?

Has anyone used Loan Cabin to refinance? They seem to have the best rates.

Is it safe to buy new home now with high interest rates ,high home prices and recession in near future?

Any investors in the woodlands Texas for single family homes, rent looks good as per Zillow , good school district and houses are still affordable compared to Dallas and Austin

Hi all - any advice for a first time real estate investor looking to make their first purchase at the end of 2021.

I plan on saving $50K, for a $350-400K property in the Long Island, NY area for my first property. Does this sound reasonable? And does anyone have any experience & advice investing in the LI area?

Id like to rent it out for some positive cash flow that I can then start using to save for my 2nd property (sounds easy when I type it).

Thanks all for your input - stay safe!

Went into a multi family property 50/50 with a relative against my gut. Things are going horrible. Need to get out. Best options? Buy him out? He invested maybe 4-5K in time (demolition work) and 2K in cash. I’ve managed the whole thing for 9 months. 10% of gross rents (as a management fee) would be about the same (6-7K)). Bought at low in market just after COVID hit. I want to keep the building. Seems fair to give him his initial investment back + some additional money for market gains. Help!

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.

What are some of the things that were a MUST when buying your first home and what were some things that you were more flexible with and why? I’m having a discussion with my partner about what we absolutely need and what can be worked on later.

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

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

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

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

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?

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

If anyone has problems with leaks or anything facade related I work in facade restoration, preservation, rehabilitation, retrofitting in NYC. I’d be happy to discuss potential solutions.

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