Just bought a new primary residence that needs work. Current home has ~$100k equity after buying in 2019 with <$20k down (appreciated around 20% in the last 3 years, in a major metro area). Would you:

1) Lock in the appreciation & sell now. Use some for renovations/other investments.

2) Keep for another 2-3 years & rent out for a small cash flow (<100/month if self-managing), get a HELOC if needed. Note it would not pass my investment criteria if buying today.

3) other approach?

How do filmmakers find investors?

Are y’all waiting to do a mega backdoor Roth to see what they do about build back better this year or just moving forward with it?

Recently sold my car on carvana. I had initially bought it using a loan from DCU. Now that carvana has paid me the balance after paying of the loan, i still see on the dcu app that I owe money to dcu. People that can relate, can you take me through next steps?

What all investments can be done to save TDS deductions?

How might I start to evaluate whether or not it’s worth it to keep my current primary residence and turn it into a rental, instead of selling and using the cash to roll into the next down payment for our next home? Currently in our “starter home” and thinking to upgrade in a few years. Some figures to consider for current house - 299k purchase price, 240k left on mortgage, could prob rent for 2250-2500/month, or sell for 375k. It’s in a desired school district, but in the “city” tax district.

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?

Hi guys,

I got my full and final settlement today but I can see no tax deduction. Does anyone know the reason. 4k tax used to be deducted every month till now. I also got gratuity and leave encashment along

Do you have a prenup? What does it involve?

Currently 25 y/o making 70k/year in Boston. I grew up pretty poor and I have minimal financial education. A lot of my salary now goes towards helping my parents get out of debt. My parents are no longer able to live on their own, so considering selling my grandmas house where they live (maybe 550k), paying off their mortgage (100k) and buying a duplex (between them they make about 55k/year). Is buying a two family home a good investment ? How much can I afford to spend on a new house?

Looks like we’re now back to $100k

Is there an easy way to pull all my crypto trades from coinbase to see in one place how I’ve done since 2017? This is the first year I’ve sold any (locking in losses during dips on altcoins; diamond hands on BTC), and want to make sure I get it right for taxes.

Has anyone used or heard about Flagstar Bank for mortgage? Seem to have a great program for JDs, wondering if anyone has any bad experiences or good experiences with them

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!

Are we on recession? My portfolio is super down - low cost ETF investor here

Gonna help my 16 year old sister get a Roth IRA and learn from my mistakes of not starting early... Should we park it in a target date fund or index fund (VTWAX or the like) ?

Can we just take a moment to recognize how great of a human being Dolly Parton is. She knows how to do good with her wealth.

Who here has successfully built a side hustle or startup? Who here is successfully creating additional income? Does anyone have resources [books, podcasts, anything] that have helped them?

Whats the best financial institution to keep/create an account for investment purpose even if I leave US and manage from outside? It seems there are many restriction that I can’t contribute from outside US? And what’s the best way to have personal retirement account managing from outside US? Im in the US now but not sure how long I will be here.

How much should I invest in buying a HOME as my primary residence.

Current TC: 200k
Net worth: 300k, readily available 170k in stocks, hysa and cash
Current rent: 2000 per month
Age: 30

Wonder if anyone has any excel model or a rule to determine how much I can afford or should go for?

Hey everyone! I’m looking to move out to London, I lost my projects due to COVID and if anyone could help me out with a referral in the UK or Europe I’d be very grateful! I can offer a good wine and dine in exchange! 🍾🍱

Can someone tell what's the salary range for Data Engineer 2(L5) position in Amazon, India ?

Did anyone else get a fee waiver randomly from Sloan? Started a R2 app with Sloan a month or so ago and just randomly got an email yesterday saying my app fee had been waived.

Jaba jaba haha the guy made it by doing nothing am I right sheeps?

Any business analyst data analytics opening in Philips?? Please let me know.8.2 YOE.i want to join product company. Feb 23rd lwd..suggest

How do people do negotiations? I am not able to do that even with local fruit sellers man

Guys, I interviewed at amex gurgaon 10days ago and was told by VP that I will hear from HR very soon. But when I checked on HR yesterday, she said interviews are still in progress and it will take a week more to finalize.
I want to know do they take this long to close a position? This opening was posted on 30th Sep.. It's already been 1.5 months. This is when they said the position was urgent!! 🙄

Anyone here from LPA and willing to talk or give insights into the company, projects and current situation?

Not much to be found online.

I have 4 years of experience. Ihave a job offer from cisco as Grade 6 software engineer with 17.8 lpa fixed, 1.34 lpa variable and 3 lakhs JB. I have another offer from publisis sapient with 21.5 lpa fixed and 1 lakh JB. Which offer should i take?

Yoe-11.5
Current CTC -17.8
I have got an offer of 24.5 and designation AVP. I got what I asked.

Did I asked less?? Can I re-negotiate the offer? I don't have any other offer right now.

Today's one of those rare days where I thought "this job isn't that bad." But maybe because it's Friday

Hey everyone! I’m interviewing for an HR Generalist role at a Fintech company, this will be their first HR hire and will be reporting to the CFO. I got invited to a second round interview to meet the team to ensure that it’s a good culture fit. I would love to know any thoughts on what I should ask or do to ensure that I am great fit. I left a good impression on the CFO but would to see what else so can do when meeting with the team since it’ll be a 2.5 hour meet up. I’m really excited!

🍂November JOB THREAD!

Do you know of an opening or opportunity?

Share it in the comments below! Help another Fish. 🤝

Hi Fishes,

If anyone is looking to buy Life/Health insurance product please connect, we can avail good deals and discounts.

I am actively looking for PM opportunities. I
have 14YOE varying between Risk/Threat
Intelligence Management (Military) and
Project Management (Raytheon). Currently I'm a risk manager at Amazon (grossly underpaid). I am open for new opportunities.

Made my first few options trades.

first lesson I learned- take profits ASAP! calls went from +100% to -20%.

How much are your biweekly paychecks after taxes, insurance, 401k contributions, etc. and how much of each paycheck do you tuck into savings?

How might I start to evaluate whether or not it’s worth it to keep my current primary residence and turn it into a rental, instead of selling and using the cash to roll into the next down payment for our next home? Currently in our “starter home” and thinking to upgrade in a few years. Some figures to consider for current house - 299k purchase price, 240k left on mortgage, could prob rent for 2250-2500/month, or sell for 375k. It’s in a desired school district, but in the “city” tax district.

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?

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!

For anyone that has bought a townhome from Lennar, are the walls fairly well insulated for sound?

What, if any, were your main complaints?

How much should I invest in buying a HOME as my primary residence.

Current TC: 200k
Net worth: 300k, readily available 170k in stocks, hysa and cash
Current rent: 2000 per month
Age: 30

Wonder if anyone has any excel model or a rule to determine how much I can afford or should go for?

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.

Question for folks with second homes: Considering buying a vacation home but would be primarily for family use. We currently have a primary residence with a mortgage balance of ~640K, so my understanding is I could only deduct the mortgage interest on 110K of the second mortgage to stay under the 750K cap. If I were to buy the second home through an LLC, would that allow me to exceed that 750K since the expenses of the second home would be pass through expenses/income?

Hi guys! Looking to learn about real estate investing! I am a senior in college graduating with a degree in finance so I understand certain aspects, but am looking to learn more on my own about real estate specifically!

What books would you recommend I read?

I thought the answer is yes but now double checking. Can we write off the interest we pay on our primary residence mortgage?

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.

Our appraisal came through exactly as the offer price we put. Apparently by lenders 3rd party. Isnt that a bit fishy? If it came in lower our contract has the option to negotiate a bit with seller. Is lender just trying to push this along faster? I'm pretty sure in this crazy market the home is not valued at what we offered. Why would seller put a much lower asking price then? Make no sense. Please advise!

Does anyone have experience managing an out of state property yourself? Are there any tips/services you use?

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

This isn’t relating to investing but we are looking buy a SFH in South Orange NJ. We are have a 2 yo and we are moving from Sacramento. It is a close to a train station to New York.
Does any one here have any info, good or bad things to know about the area. We toured 3 different homes and they were relatively affordable by (600-750k) and it seemed like a small town community but we are not familiar with east coast/ New England. It’s going to be our first move there.

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

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. 

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

Anyone punched out of state 4-10 unit apt building? How did you find the listing?

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