Is it recommended to work with a financial planner before buying your first rental property (or a tax advisor)?
I have a potential property I would like to buy but not sure if it's the best for my portfolio and the tax implications or tax reduction strategies I should know / consider

My hidden talent is finding houses I love that are way outside my price range.

I’m not good at planning vacations and have never really gone somewhere without having a reason to be there (ie. work, family, etc). How do you folks plan a trip, and, I know it varies by location, but what’s a good amount of money to set aside for vacation? Thanks, trying to learn how to unplug better.

What are the benefits of a trust in estate planning for a single person with assets around $2m?

My wife is using my credit card too much.
Monthly around 13K.

Everytime I confronted her the ending is always the same, I loose the argument and end up paying everything.

Australia onsite offer from a company for my cousin. Tenure is 2 years
Package is 7000 AUD per month
Work location is Sydney
Is this enough for a couple to live there?
Can we save some money?
What is the cost of living there? How about tax?
Assume like everything they have to buy in Australia from scratch

Need your suggestions

TIA

What is the best crypto app for accruing crypto interest, that is not BlockFi?

Is moving to a HCOL city a bad move financially? If my fiancé and I are making $70k+ in our LCOC market we’d expect an increase in salary to move. Does it even out over time? Is buying property in a HCOL city better than in a LCOL city?

First time home buyer and I have no idea what I can afford. Excellent credit. I know to get a preauthorization before looking but want to skim homes the meantime. Any good rule of thumb when searching?

If I have a six year old and 150k in a 529, can I say I’m done?

I’m 26 and have ~40k sitting in my savings account. Annual income 140k. Maxing out 401k. No debt. Planning to invest 25k but don’t know where to start. Should I get a wealth manager? What is the best way to approach this?

If anyone could answer this with accuracy, they wouldn’t be on Fishbowl but any guesses on when our 401k balances get back to where they were? Two years, five years? 💰

Are crypto IRA’s worth it or is it better to just open an account at Coinbase and invest that way?

Under contract to buy my first home - house hacking a triplex. Property has been leased by the same three tenants for the last 5+ yrs, rents haven’t been raised since they moved in. Market rents have risen 70-100% in the same timeframe. All seem like ideal tenants (retired and take great care of the units) but I’d like advice on how to approach the rent increase conversation. Rents don’t make/break my mortgage payment but I’m leaving a lot on the table if I don’t increase significantly.

When to sell at a loss?

I’m 26 and have a fair chunk of my NW tied to Cloudflare - a tech stock that I believe has the opportunity to 3x and become a $100b+ company over the long term. Similarly, I have a lot in cloud computing etf - WCLD.

Given short term rotation out of growth stocks, I’m confused on what to do. I think we still have some time before growth stocks bottom out, but do I sell?

I would consider myself a “long only” investor, but am unsure what to do given my lack of diversif

Have any of you hired a financial advisor to help plan your retirement strategy? If so, how did you go about finding one? I’m recently married and thinking if it’s worthwhile hiring one..

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?

What if institutional investors really buy into futures and drive BTC really high, as opposed to short selling them! Anyone have FOMO?

What is the best performing NPS available on market. Let's assume that I invest 50k per year for tax saving, what could be my retirement benefits out of this(30 yrs of investing). Please help me with calculation and suggestions.

What is everyone’s top 1 or 2 favorite books on personal finance? I’m always looking for a new one to bring into the fold of what I’m doing

I've worked as a maid for a long time but am tired of driving to everyone's homes, so I'm thinking of trying out a job as a housekeeper in a hotel. Is there anyone out there who has done both jobs and can tell me a bit about the differences? I would appreciate any advice at all.

I'm a new employee, and my manager told me that I'm no good at my job. How am I supposed to learn if I'm not allowed to ask questions?

There are too many men out there who think that just because I'm being polite, it's a sign that they should flirt with me while I'm at work. I thought this was 2022, why haven't we as a society gotten past this yet?

Australia onsite offer from a company for my cousin. Tenure is 2 years
Package is 7000 AUD per month
Work location is Sydney
Is this enough for a couple to live there?
Can we save some money?
What is the cost of living there? How about tax?
Assume like everything they have to buy in Australia from scratch

Need your suggestions

TIA

Help - how do I fight claims by scammer healthcare providers?

I recently went to 2 different providers.

Dentist, made appt via Zocdoc to see a dentist that was in network. Another dentist at the location saw me instead who was out of network. I have text evidence they said it would be covered before visit. Claim was denied - asking for ~500 dollars.

Saw a specialist who’s office staff verified my insurance would fully cover the claim. Get the claim, says they are out of network. Owe 600.

What advice do you have for someone who wants to make a quick and seamless transition from operations to creative?

How many days before Date of joining , Axtria sends mail regarding onboarding process ?

9 years in Data engineering. How much can one expect from Axtria ?

VENT: I feel completely demotivated after our new FOW announcement and it gave me whiplash. Working here has been a dream, so it feels weirdly hurtful to be publicly celebrated as part of the “expanded talent pool” in announcements, but be told privately that my return to the office will be accompanied by a massive pay cut because of where I live. I didn’t choose to live here/move, the company chose ME where I’m at. I feel like I don’t belong because everyone else seems happy with this.

How long it take from senior2 to Asst. Manager?
Joined in May this year as S2.

After completing 20 years as a Law Enforcement Officer with the Feds and on the way getting a JD and passing the Bar… trying to transition to an Immigration Attorney position… easier said than done!

Anyone recently apply for a position with HHS and the background check is taking ages??

Anyone work for cybersecurity and infrastructure security agency and want to talk about it

What would be an appropriate gift if I want to show appreciation to my juniors before leaving the firm to go in house? What about for partner/counsel?

Is big law in chicago as bad as it is NYC? How is it compared to the south?

Any advice for someone looking to transition into a full HR Generalist role from Recruiting. I’m currently a Campus Recruiter with about 5 years of HR experience (Coordinator- Higher Ed). I received my PHR certification in September 2020 and sitting for my SHRM-CP in two weeks. I’m having a hard time transitioning into a full Generalist position.

I am struggling to spend the time to study for the PHR. I have everything I need, but I feel exhausted from the work week every weekend. I’m looking to take it in August.. help? What do I do?

Does anyone have any connections or referrals for a healthcare travel recruiter company? Looking at Aya, AMN, MedTravelers but open to others!

Can anyone please tell me which company does background verification of Google employees in India?

Does it make sense to refinance now? Current rate is 3.62, bought in 2019. About 480k left on loan. Need some suggestions.

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.

Anyone take the WI Real Estate state exam? Any tips on what to study?

Looking for an NJ store selling hardwood flooring that has a decent selection and not too lengthy delivery times.
Everyone seems to have a 4 week wait for hardwood. Any help is appreciated.

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

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?

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

Now that the rents are going higher and housing is not affordable. With wfh option is it good idea to love to ranch with house?

Anyone here invested or opted as primary living place outside of cities?

Cheers

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?

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

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. 

It’s a myth that renting is “throwing money away.” Maintenance of a property is expensive! I’m selling my place and I’ve never felt more free. I can use that money (~$5000/month) to invest even more.

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

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 went under contract last fall for a new build that will be done later this year. In the contract the seller/builder included a clause that gave them the ability to change the price without cause anytime before the house is complete. This past week they invoked that clause to increase the price by like 7%, supposedly due to material costs. I can either agree to the increase or they return my deposit. My question: is that type of clause even legal? (Cont)

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?

What is the term for giving your home buyers a credit for immediate renovations they will have to do before or upon moving in? And how does it affect the seller?

Current Tenant Rent: $1075, Monthly Payment: $400 (with property management), Initial Repairs: $2-5K, Down Payment: $12K

At surface level, do these numbers check out?

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