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Hi All,
I have around 10 years experience in IT industry, mainly on QA automation. I have experience with PwC and Deloitte in the USA.
My I797 expired, however I have 10 months remaining on initial 6 year period. I’m looking for opportunities in US for getting H1B/L1. I’m open for positions in India initially as well. I’m well versed with Salesforce too. Any suggestions are really appreciated Accenture PwC EY KPMG Capgemini Salesforce
Larsen & Toubro Infotech Declined offer on call and doj mentioned in offer Letter was yesterday. March 9
Now today got BGV email and have been asked to send signed Letter of Authorization so that BGV can be started.
Should i jus ignore or do something about it?
Would it create issue for me to join other organisation i am planning to join next week?
TIA
Larsen & Toubro Infotech
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My two cents (my family is active in real estate in the Lakes Region of NH). The market is frothy right now in many of these vacation markets with people fleeing cities - many buyers, very little inventory. Anyone who owns and was thinking of selling is holding unless they really need to sell. At the same time, it's hard to imagine rates any lower than they are now so I think it depends on 1) your life goals - many people buy second homes in these markets as a lifestyle choice and want to do it while their kids are of a certain age (there's no substitute for time); and 2) your timeline - probably not the best market to buy into with a timeline of a few years but if you have longer horizon history shows you should be ok
Go for it. You have a dream and this is the first step towards realizing it. Things will get into flow. All the best!
Why would it be a terrible idea? Likely will have to clear a whole bunch of it and run utilities but that’s the price of solitude 🤷🏿♂️
I’ve long wondered the same for VT/NH
There has to be a way to figure out if it’s a terrible idea or not
No it’s a great idea. I own land in Maine
@ibm1, happy new year! Would you say you’ve recouped your expenses from building the lake house? Is the 140k in revenue after expenses you put into the house? And lastly, do you have to put money into land upkeep at all? Or just the structure? Thanks!
This is not a question someone can answer for you. I don't think this is really a financial question.
If you are a person that generally follows through on big "someday" plans than not a problem! It can be a very enjoyable experience to buy a place and slowly work on it til it's your dream vacation spot.
Do you often bite of more than you can chew? Often make grandiose plans you don't follow up on? Not married or even in a relationship but may one day? Not sure where you'll be living in 10 years? Could be an expensive distraction until you sell at a loss.
How far upstate are we talking?
Said Sebago Lake in another comment which is in Harriman state park, less than 40 miles from the city. OP, you are a fool for thinking that’s upstate, look at a map and tell me that’s “upstate”.
Consider the annual taxes for raw land vs how long you plan to hold and build it. See if it makes sense. If you have to finance I’m guessing no.
If you go further upstate, it becomes much much cheaper. If you stay in Orange, rockland, westchester, it’s not cheap
As someone who lives in lower Putnam, yes it’s commutable. But far from enjoyable, it’s no simple task and can take a toll have 2 hour commute both ways. It’s definitely a lifestyle choice,have to be willing to commute more for a bigger house/yard for less money
Rates are around 4.75% for raw land as well
Coach
How do you finance land? Banks have told me it’s very difficult
Local bank or credit union and 35% down
Thanks all! Your answers provide lots of food for thought. We own a coop in Brooklyn, but can sublet. We want to move farther up the Hudson, probably no further north than around Beacon/Newburgh, but we have a 2 year old and don’t feel ready for the long commute and missing out on time just yet (once commuting is a thing again). I don’t see us leaving the city for at least 3 years minimum.
I think the main hesitation are:
1. Land can’t generate income like a rental property. So the money is just gone/tied up. And
2. How do we know it’s “good” land? Aka a good investment?
Beacon is supposed to be up and coming, but I’d still recommend focusing on a better school district.
Local banks and credit unions in the area you want to buy land.
https://www.bostonglobe.com/2020/12/27/opinion/maine-can-finally-get-out-massachusetts-shadow/