IRR on rental property

What's the IRR (internal rate of return) you are seeing on your rental investment property? I am looking to buy a rental property and the IRR I am seeing is at the max 7%. This is probably due to lower cash on cash from high cost of property tax and HOA fees.

Currently on short term disability in CA and trying to figure out what the tax situation is. It looks like they don’t take out taxes, so should I set that aside? I can’t find any info on whether it’s tax-free income but I definitely don’t want to assume incorrectly

I have a car insurance question...can you put a different address than you live at when signing up for insurance? My wife’s family lives in Orange County so wanted to sign up with her OC address and save almost $300-$400. Any feedback is appreciated!

Guys, what platform do you use to trade US stock?

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?

Is a 529 account worth it for MBA?

I have a yearly income of 130k and will rent a 1Br/Studio in Manhattan from 2.4-3k by end of the year. I also have student loans of 28.5k which I intend to pay off in an year or so. Currently, putting in 4% for Roth per pay cycle and maximizing my HSA. I net a monthly income of close to 7k. I intend to save about 3k for the next 3 months in my Marcus Savings Acc and 1.5k from January (reducing it cos my rent doubles) How should I go about planning this and also have some emergency savings?

How do you calculate IRR for a write off? Is it just 0% or should it go negative? There’s no cash moving after the initial investment so not sure what to do.

Any idea what will happen to the classic car market as a result of the war in the Ukraine? Are prices going to come down or will classic cars be considered “safe” investments during this time of crisis?

Obviously all speculation, just curious what others are anticipating or have experienced.

(I am fully aware that this is not the most pressing issue, so don’t jump on me for posing the question.)

Any PAs that have another stream of income outside of their PA job? Like business/entrepreneurship or IT?

Guys 500$ to invest in alt coins..Any suggestions?

What things *can you negotiate when purchasing a new car? What things *should you negotiate always? Any differences in negotiation approach when buying used? Seems like I can afford considerably less, given the current interest rates 😭 Currently financing a car at 1.9% and it's killing me to buy, but I've had nothing but issues with the used car I bought.

Max out 401k before contributing to taxable brokerage? Roth IRA is already maxed out.

Does anyone have an idea on the best emerging markets to invest in before the recession hits? Is gold, or any other commodity going to be the safe haven as well? Thanks everyone

How bad is this trade war going to be?

What corporate card does BDO use?

Anyone invested with QQQM or QQQJ? Thinking about splitting a chunk between both.

Need a quick help
While structuring the HRA if we give max limit for eg., 20k and I have rent agreement of 7500. Will this be a problem or will I just get an exempt of 7500?

On average, what % of your lifetime savings should be directly in the market (MFs and ETFs)? This is excluding 401k, Roth IRA etc

How to choose which financial advisor to work with.
I have no financial experience and an advisor reached out from equitable.

What's a good percentage (they're offering 2% as a fee)

Hi fellow fish need some advice.

I'm planning a wedding and wondering if I should apply for new credit cards to maximize on points. If so, wondering what your recommendations are and or if there are new cards out there I haven't heard of yet. For context I probably have another 20k+ in expenses to pay still and my current cards are:

CSP
Marriott Bonvoy Boundless
Citi double cash
Random card (used to be uber)

Which luxe car do you own/ lease? I’m gravitating towards leasing a Mercedes.

Can anyone shed light on what someone in DDV at PwC would make at the other big fours? Feel like we’re severely underpaid. I’m a Senior Associate with 4 Y.O.E.

I got offer from Sun life Gurgaon. YOE is 7 Years (band 5.2). I am looking for Work life balance and chill work. I wanted to focus on my family that require minimum amount of work pressure. Do you guys think it is good to join sun life vs other service base company like tcs, CGI, infy, along with EY or pwc

Also, what are different bands in sun life?

Any answer would be highly apricated. TIA

How much Capgemini can give for 4.8 year of experience in React JS my current CTC is 14.5 LPA

Any recs for good gyms around South End or Back Bay? I’m a 27F, looking to get back into lifting but also I want options for personal training.

Have any of you ever worked for a haunted hospital or facility? The senior nurses keep telling me stories and I'm nervous to start nights!

How people deal if wlb is bad, they aren't able to manage time well and they feel frustrated by learning alot of thing like wearing multiple hats?

We Indians are so poor we can't think anything else except money. Whole Fishbowl is all about YOe and Salary. No one interested about if any company doing any innovation or not. B-Tech colleges put ads with Package and Campusing only. Almost 99% Indian YouTube thumbnail is like "5 lakh to 40 lakh", "Interview Experience in bracket 50Lpa" etc.. Hardly we can see Foreign Editorial things marked with Packages.

#sharing thought.

Anyone has idea about how SWFs compare to PE funds?

Pay for teachers in Arizona is so awful 😭. I always wanted to teach in my local community but frankly I can't afford it. I want to move to another state where comp is better but I'm not positive where. What do you make & where are you located? For context I'm a 3rd year 2nd grade teacher.

What is the expectation of bonus and increment this year. Share your views and thoughts

What designation does UBS offer to a person with non technical profile with 11 years of experience?

Started at a big firm in July with high hopes- in the career path I wanted and I would be joining with other new grads.
After onboarding, it’s as if my team forgets about us every day. The training is non existent, there doesn’t seem to be any initiative to invest in new hires, my manager scolds me for not knowing enough yet gives no direction. I don’t want to waste time (colleagues mentioned it doesn’t get much better from here). Do I embrace the suck or look for other opportunities?

Anybody here belong to Midtown Athletic Club? Just joined a couple months back, I love it.

Looking for flatmates for 2/3/4bhk
Anyone looking to shift in Jan?

Anyone from Los Angeles here? And any luck with dating in the LA area?

I’m considering an MBA, and am confused on my chances based on some of the posts here. I have a 3.2 Engr UG, work in analytics (strategy & architecture), and help the IT dept of NGO with data strategy

Since the fed rate is now zero.. What does thst mean for mortgage rates and savings rates? They gonna plummet to nearly 0%?

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! :)

I am looking to buy my first property soon - preferably new constructions (anything except condos) anywhere in Ontario/Canada. Any suggestions where I can turn to find new construction projects? I understand I need an agent. Until I find a good one, I am looking at the houses myself. Any suggestions where I can get information about new projects happening in the province?

Is it legal to collect the rent in a separate LLC even though rental property is not owned by the same LLC?

What service do you use for collecting security deposit/rent?

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...)?

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?

Those living in 1960s & 1970s homes, how do you overcome the fear of asbestos in home materials even though the home has been updated. Any tips overcome the worry? Not yet tested for asbestos

Who has done FSBO? Thinking of doing it for 2 of my houses that I’m selling in the spring time.

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

Hi, has anyone worked at Freddie mac? Particularly the multifamily investments division?

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”.

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

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?

Anyone want to aspire and get their real estate licenses together for a side hustle?

If you living currently in a home and looking to buy another home but plan to put only 10% on the new home, can I pay the remaining 10% after selling my existing home in 1-2 months .. and get the PMI

Will interest rates ever get back down to covid era levels?

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!

Where do you get your Airbnb data for rentals? Deciding between STR and LTR on my property right now

First time homebuyer here. Any good 101 course which covers end to end of home buying. I know there are few government affiliates who offer in person courses but am looking for an online course.

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