Lots of 2-year-old posts here talking about their uncertainty of buying a home or investment property. I hope you did! Looking to buy my first flip in the next couple months, does anyone have any advice on flipping vs renting? My original plan was to flip and buy rentals while keeping my capital base up with my flip homes and slowly building my rental portfolio. Any thoughts on this?

Posting as :
works at
You are currently posting as works at

Have your crews ready. Make sure you are dealing with the best people for your budget. Don't just put lipstick on a pig, but most cases, you don't have to go down to the studs. Same rationale with textiles. Choose what is the right level of quality for the neighborhood. You don't want to put cheap stuff in a higher price point and vice versa

Related Posts

Marriott or SPG credit card (for the sign on bonus)?

like

First time participating in ESPP this last period. I received a heads up email that Morgan Stanley will get in touch to open a broker account, but not heard from MS themselves. Anyone in a similar situation?

like

A financial advise to all the students and youngsters buy a term life insurance before starting to invest in other instruments. A sample illustration will help you understand that it has a financial benefit plus a security to all your dependents incase of any unforeseen event in life.

DM me for more details.

Post Photo
like

My generation is really f#cked up. It's impossible to save any money. And it's not that I don't want to. Is simply because I can't do it, by the end of the month there is really not much left. I'm exhausted of working to just pay bills 😔 Sometimes I wonder if those people that quit everything to have a better life are really the smarts one.

likefunny

How long after you quit before your company removes your access to your FSA card?

like

Can anyone tell me where I can declare a home loan in the Payroll portal?

I am a little confused...

like

How much is 2k a month for a house payment? What size loan would I be able to get?

like

How much money would you want to have before purchasing an apartment? I am considering buying an investment property, I have enough cash to purchase outright but it would basically decimate my savings. Mortgage is not an option as I would be purchasing in another country.

likehelpful

When the senior manager expects you to create estimated tax payments out of thin air because the client refuses to pay safe harbor.

like

Highly Technical Market Sell-Off - Though, it has picked up over lunch and I suspect that short term turn is in near. Old floortrader told me once, never trust a market that is making new session highs or lows during lunch. That's not normal. This might not be a normal day; but we do need to rebound to get another opportunity into the short trend. So, count on it. The last draw is more suspect as it hasn't been proven to exist yet. So, we will see how we look when we trade 9855.75 on NQ.

Post Photo
likehelpful

8400 take-home after maxing tax advantages accounts. I found a new construction home for $2780 monthly payment if I put 3.5% down. Monthly payment includes taxes, insurance, PMI, and HOA. I have no debt. Is this a stretch? I’ve searched Google and used online calculators. I’ve never spent more than $1600 on rent, so I’m nervous about pulling the plug.

like

Anyone wondering what digitization and disruption of banking and lender relationships will look like? If at some point regulation allows customers to borrow directly from central banks, then will banks and buy side direct lending shops die out ?

like

I had a stellar annual review! However, I was advised not to expect a raise since I got a promotion a few months ago that bumped my income substantially. Thoughts??

like

Been trying an abundance mindset. It's put me in debt.

likefunny

Looking to buy Rolex OP. Thoughts on new vs used? Is the additional ~2k worth it for new?

I recently sign a lease. The apartment will put my security deposit into an interest-bearing account and requires me to fill out a form W9. I will join EY this June and just wondering if this is ok in terms of the independence rule. I guess the apartment will put my deposit in some sort of funds. Anyone with EY has experience? Reading the independence brochure, looks like it does not specify something related to this scenario but just wanted to confirm . TIA!

like

Which one to choose?

Fidelity investments, societe generale, allstate, alten, persistent, mercedes rnd.

like

What’s a reliable crypto broker that some would recommend? I’ve been using Coinbase Pro but I’m worried to keep investing with them because of their non existent customer service and if I might need support I probably won’t get help

like

Just heard FY23 partners at PwC are getting only 40 shares vs.60 last year. Looks like new partners are being shown the middle finger by Tim Ryan in favor of increasing stock price and getting more catalyst hires. Sucks!!

likefunnyhelpful

Anybody here make significant weekly/monthly passive income off Covered Calls and/or selling puts? Looking for success/failure stories for those who have tried this!

like

More Posts

Is it just me or is strength training the hip new workout for weight loss? Before this people recommended HIIT and before that it was cardio. What makes us so sure that this time strength training really is gonna be the key and it’s not just another trend?

likefunny

Hi guys
My current ctc is 11.7 fixed. Having 4+ experience. What is the maximum CTC i can ask for. Please help

like

Hello, we've recently started a community focused on FAANG Interview preps. Wondering what kind of content people might be interested to see in such communities.

like

Can anyone please help me to figure out how much is fixed and how much variable?

Post Photo

Anyone else just waiting for impending layoffs or are we at the end of the recent wave?

like

Can anyone share what are the usual components of a flexi benefits basket and to what max amount can you utilise them.
Eg. Communication fuel etc

like

Hi Everyone,

I'm currently working in TCS as unix system administrator. Previously worked in IBM as windows and middleware administrator also trained as linux admin. Totally 3 YOE. Looking for job in Google can any one please refer me for system administrator job role.

Thanks

like
like

Hey Pune Fishes, I am looking for a 2 bhk flat in kharadi area, near WTC, with a flatmate. So if someone knows a good broker or someone who is looking similar kind of arrangement DM me.

Expected budget: 12-15k per head

like

Curious - sometimes I see people online on Slack and offline for Chime, but then others are offline Slack and online Chime. How do I tell who’s actually online with their computer open?

like

In the UK what rewards credit card is best for relatively frequent travelers? Amex platinum / BA premium / something else?

Tempted to buy 1 BTC ..

like

Thoughts on SNAP puts ? I feel like Snapchat is the least utilized social media platform behind IG, tik Tok and Facebook. Yet it’s basically at a 52 week high

like

When you try to log in Monday morning and can’t. Call the help desk bc you think your password has expired only to realize you already changed it on Friday.

likefunny

What music videos do you keep going back to?

like

Hi Everyone, I have almost 1 year of experience as Business Analyst in telecom domain ( AI poduct specialist/QA) Total experience of 3.5 years in Retail and Trlecom domain. Any referral for Business analyst role

What does a Senior Account Director for German market earn in Dublin?

like

I've decided to head back to NYC, where I first trained, to join in the effort against Covid-19. Wish me luck!

likeuplifting

Additional Posts in Real Estate

Anyone in Miami going to the Real Deal Showcase on November 10th?

Condo insurance recommendation?

like

Completely new to real estate and considering getting a real estate license. Is it hard to juggle a full time job and being an agent part time?

like

Any upcoming areas to buy a investment house in and around Austin Texas

like

Have anyone negotiated their rates with wells? I wanted to use wells but another lender of giving me a better rate.

Thanks!

like

Hello, I am going crazy. I am supposed to close on a house on Tuesday. The buyer did not perform an inspection and the lender did not order an appraisal. The lawyer says that everything is good on her hand but I am not sure if she is the deciding factor here. Can a home close without a physical appraisal ? I don’t have a closing time yet, just the date. My realtor reached to the lender and have no heard back.

Hey I am a new real estate sales person kitchener/waterloo area in Ontario, does anyone knows some real estate brokerage that provides training and has low commissions split as well?

like

Any good CPA recommendations specializing in rental properties and LLCs (for a separate business)? Had a tough time doing my taxes this year. I'm in NYC if it makes a difference, but open to non-local CPAs

Is it normal to sign a bunch of disclosures for a Wells Fargo rate lock? Will I have to pay anything is I end up not using wells ?

Anyone doing any investing in Charleston, SC

like

Looking at buying a house in Charleston, SC, then I want to get back to buying rental property. I already have two but would like to grow to 10 in the next 5 years. Is that possible and what are some ways to get some capital.

Hi everyone! I’m going to be in NYC next week and would like to connect with a few local CRE brokers while I’m in town. Anyone open for a happy hour?

Hello fellow agents! I am new to Fishbowl. I am trying to get this thread thriving just like our housing market.
If there is any questions for me, or if you have a referral (I pay for referrals) I am licensed in Arizona and Washington state!

like

Loved a condo, great neighborhood- river north chicago. During attorney review seller disclosed they had bed bugs in May 2020 and it was exterminated. They are willing to share the receipts for proof. Should I go ahead with the purchase or should I just let go and find another building?

Thinking of buying a house in Atlanta. Not sure if I should wait or not. Interest rates are good but I'm afraid of the possible housing market crash.

like

What's a good % of your gross income to be spending on housing? Does it differ if you're paying the mortgage vs renting?

I get $3200 in rent for a condo that I have $3600 monthly costs on (mortgage, property taxes, HOA fees). Although I put in $400, I make about $1400 a month in equity (15 year mortgage). Property is worth about $470k and I have $200k in equity. Make sense to keep or sell?

like

Not a lot of activity in this group; is anyone still active in here? Hello from Sacramento, California.

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal