New to real estate investing and wondering if this is a good deal… purchased an investment property about a year ago on an interest only loan and they had a 1 year prepayment penalty. Now that my year is up, I’m looking to refinance into a 30 year and pull some cash out to put into another property.. just need advice on these numbers.
Currently paying a little under $1k at about 8% with the IO loan. This numbers are based on a 65% LTV cash out refinance

Hi everyone, any tips for resignation letters, who to meet/tell first, what to do before your last day (i.e. anything adulty like 401K or healthcare)? Any insights would be greatly appreciated!

If I max out my 401k before the end of the year, I am still eligible for employer matching?

What stocks are you guy guys buying right now in this market?

Has anyone used Motley Fool’s stock advisor program, and found it helpful and worth the membership access?

Thinking about making the switch to BDO! Is there a traditional pension, like in B4?

Have any of you considered FIRE? I'm sure some of the partners are young and rich enough to retire. So why not say screw working until 60 and to hell with the pension? Travel the world and live life while I can?

If I currently have significant unrealized losses in my Traditional IRA (mostly funded with pretax $), would I be able to use these unrealized losses to offset the tax bill that will be generated after moving my investments from my Traditional IRA to a Roth IRA (i.e., backdoor Roth IRA)? TIA

Hi team ,

I have started working from jul2019 and I have filed my tax return for 2020 and 2021 tax years.


However I note that there was withholding of some amount in 2017-2018 and 2019 tax years ( withholding from comission received from insurance commission from lic and United india)

I have not filed 2017, 2018, 2019 return as my total income was less than threshold

Is it possible to file return for 2017 , 2018, 2019( all r in refund) now without paying any penalty?

Single and childless but would like kids. High income and maxing out all tax advantaged accounts I can but was thinking of starting a 529 in my own name to be transferred to future kids. If I don’t have kids maybe transfer it to my nephew. Thoughts, pros, cons?

Newb question: I’ve heard a lot about never selling your BTC and borrowing against it. I like the idea considering I don’t have much. How exactly would that work?

I've heard from multiple people about how inflated the assets are and high the P/E ratio is, hence not a good time to invest in the market. Long term investors, how do you deal with this argument? P.s. I understand the time in the market>time the market.

Is it possible to give a real estate a budget you want to work with in terms of how much you’re willing to pay a month and see what they can get you?

I am a direct private lender. I offer fast and reliable loan at 5% interest rate with no prepayment penalty. I can close a deal within 3-7 working days.

Do you have any project/deals that needs 100% funding?

-Jeremy

I’ve always been a big saver minimum 15% to maxing out my 401k since I graduated college. I’m married to someone who thinks 6% is enough and likes $$$ cars. Other than the cars, they dont really spend money. For the married 🐠, how do you have the conversation with them that what they are doing isn’t enough? I try to guide them and say you want the $$$ cars but the salary you have won’t get there and you’re going to have to find a job that gets them the salary…. Then the fight starts.

I stopped contributing to my 401K for the last three months in order to pay off credit card debt. I am 28 and have about 68K in my 401K. Was this a smart decision? I want to get out of debt as quickly as possible and I have no student loans or car debt.

My play for next week:
Sell the SPY 200 puts since the market would plummet. Look for opportunities to buy back, probably when the stim bill passes. Would love to hear your thoughts on it

Who wants to start earning money online?

FIRE - What is your total net worth so far? What's your profile?

1000$ rsu is equivalent to how much Indian Rs ?

#1) 1000*(USD value) or
#2) 1000 * Qualys stocks ( 130 USD)

Could you please clarify rsu calculation ?

What are currently the best Canadian credit cards for travelers? Looking for Aeroplan or bonvoy points or companion tickets

Are you going to year end Christmas party?

A colleague told me today that Google separates Product Manager and Product Owner as two separate roles. I believe that one PM role is preferred in the industry and most modern software companies, especially FAANG companies, only have PMs. Just curious what others have experienced and if I'm correct in my assumption.

What is the yearly hike cycle @capgemini? And when the variable is paid?

do any consulting firms in the US (MBB, Big 4) sponsor MBA programs outside of the country (e.g. London Business School, HEC Paris, INSEAD)

Any roles within Big 4 that would hire with no degree? Could be anything - doesn’t have to be consulting. Asking for a friend! TIA!

Hi fishes
Ey gds or tcs?
Same package of 29 lakhs!

Is it true that people joining for Oracle practice at PWC AC Bangalore are on bench due to shortage of projects right now ?

Any recs for CIPM study books?

what is your main reason to join PE for Value creation?

Has anyone used a hotel in New Delhi (Indra Gandhi) airport while in transit? How was your experience? Are you stuck to the confines of the hotel or can you leave the premises? Traveling to Delhi from USA and I have a long layover 12+ hours to get a connecting flight to my final destination in India. Traveling with 2 little kids…any help, advise will be appreciated 🙏

Does anyone know how to get funds that was in a 401k account years ago into your current IRA?

Guilt and shame about working in a legal position for years where, instead of using my law degree (was supposed to do legal work per the job posting), I served as a personal assistant to my boss/did nothing for maybe half the time. I feel like I was paid for work I didn't do. I've since left that job but the guilt and shame remains. I feel that I lack the character of a lawyer and that I am unworthy of the profession. I don't know how to make up for the lost years or how to forgive myself.

How long are you typically on the phone each day? My phone time has steadily increased throughout the pandemic to around 6 hours per day

Anyone know anyone over at YETI? I’ve been trying to get in there for months! I’ve applied to every posting but would love the chance to actually talk to someone there.

When is the best time to disclose your disability? During the interview phase, when you first start, or when the issues first come up and you need accommodations?

Told a friend of mine in tech I was considering moving to BCG. He asked me if I would have to move to Boston.

I followed up by asking what he thought the top consulting firms were. "I'd guess PwC and then McKinsey are the best. I've also heard of KPMG, Deloitte, and Bain, but I don't know much about them."

Just a reminder that outside our bubble no-one really cares about firm prestige etc.

Once all the boomers are gone will there be a gult of homes? I have rentals here will they be worthless in the future?

Interested in starting AirBnB in SoCal.
1. Where do I start for gaining how to knowledge.
2. What’s are the best areas to buy the property for best cash flow and appreciation down the line.

This is the thread to boast about a creative deal that you made by using leverage and/or collateral.

Couples without kids, how do you justify buying a house and paying school taxes? Almost all of the good residential areas are with a high school tax. Just curious if childless couples can ever buy and live in nice areas or rent forever

How can I invest in real estate ? Looking for an additional passive income source

Looking for experiences/opinions on A/C options for old houses. E.g., high velocity ducts vs ductless mini splits. Seems like mini splits are way easier and possibly more effective...but seems like an eye sore. Or... is it just what a contractor thinks will work given your house? Curious what everyone thinks!

Is it the worst time to buy real estate because of the interest rates?

Is it possible to give a real estate a budget you want to work with in terms of how much you’re willing to pay a month and see what they can get you?

Looked at a house (new build) and MIL said the vinyl windows imply the whole house is probably made with cheap, shoddy materials. She thinks everything has to be wood Marvin windows or bust. Is she right? From my research vinyl has its pros too... as long as we aren’t paying like they are wood marvins. Any reactions?

469k new construction
No washer dryer or refrigerator included
Added these at cost, downgraded to basic grey paint throughout, removed blinds and builder accepted 460. Feeling cheated :/

What would have been a better offer?

Hi all, I’m in the north east metro area and due to the current RE market we decided to look into PA specifically Lancaster. Anyone in this market and have any thoughts on where it’s headed? We’re looking purchasing a single family property all cash at 110k that rents for $1100 a month. The last owner bought for 35k like 15 years ago 😩 but hoping buying and holding for a few years will give a equal or greater returns over the long run.

Good evening all,
With my partner we are considering making a move to the countryside of Switzerland, with a gorgeous RE project offering incredible views on immaculate mountains and lake. However, it is far away, and will require 1h+ train/car commute vs. 10 min biking right now. We are scared it will bite us back at some point, although COVID helped w/ remote working being a new norm. The project will be done 2024, so I hope to have a more relax job by then. Any similar experience to share?

I am getting a 3% interest rate on a jumbo loan with 20% down on a $850,000 single family home. The ball park in July was 2.65 - 2.75
Checking if folks are noticing a spike in interest rates or if I need to look for another lender.

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?

What are the mortgage rates you guys are getting? Best I’ve heard is 2.5% (30year fixed) curious if anyone has heard better?

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?

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

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