Please advise: we are trying to buy a house in Virginia and the listing price was $750k. We had an escalation clause that got us to $752. The appraisal just came back for $700k and we waived the appraisal contingency. What would you do in this situation? This is our first house purchase and we went with all the advice to be the most competitive and now here we are

Cross posted: Has anyone ever heard of this type of real estate private equity fund structure:

-One LLC, so only one PPM
-Multiple investors that can be onboarded anytime
-Multiple investments that investors can determine whether or not they want to invest in
-One K-1 per investor based on their investments and income
-Ability for the Sponsor/Fund to invest directly, indirectly and in equity, debt, Pref, etc.
To me this seems extremely cumbersome and would require multiple classes of (cont’d)

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.

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!

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

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.

I got married in 2021. Before my wedding I lived in State#1 and after the wedding I moved to State#2. My spouse lived in State#2 the entire year.
Can I file as Married Jointly in such a way that State#1 only calculates my income for the portion of the year I lived there?
Or do I need to file Married Seperately?

Is buying VIX Puts and SPY puts a good strategy to profit off of coronavirus volatility on both sides this coming month?

Anyone in the public finance space familiar with distressed/high yield muni funds? Outside of the classic closed end asset managers?

Which bank account is better for salary account?

HDFC
Axis

Hi all. I just received an offer for $130k and will be eligible for about 29,000 shares of stock options. The vesting schedule is 1 year and then quarterly thereafter.

Can someone explain what this means? I “will be eligible”. So, I have to buy the shares? Should I be asking at what price?

Newbie here. Please help!

Looking for suggestions on stocks to invest for beginners? Any suggestions on YouTube channels or articles/people to follow to read and stay updated on these things?

🔮 Looking for some buys with my new found gains in ETH 🔮

How much percentage of your Salary do you Save/Invest?

So should I just not be paying my student loans now? If dems win this senate runoff loans would for sure be canceled to an extent? I want to use this period of interest free payments but also don’t want to pay if I don’t have to..

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

When do you predict the dip? I've been waiting for so long, but don't want to buy now. VTI seems inflated.

Have you ever taken a job you know you will hate because you needed the money right away? I have a family to take care of. I don't want to be plowing through our savings for selfish reasons like my mindframe at work, but I don't want to make our lives worse by being miserable. It's a matter of really ruining some of our financial future if we don't get money soon.

Newbie trying to get a better understanding: is it better to max the 401K or just hit company 401K match and max Roth IRA first?

25 and a year into having a brokerage account. How does one build a strong portfolio? I’m currently doing well based on stock picks but understand that it’s really just luck based on this rollercoaster year. Holding for the LT

A Delta flight I took from the US to the EU a few months ago was delayed 24 hours (of which I spent at the airport) and when I asked for a refund for the $1300 ticket they declined and offered a $150 gift card 😂🥴🙃

Currently asking around for others that work in the hospitality industry specifically banquets or banquet serving what is the tip pool break down at your hotel servers,captain, houseman, house percentage do you think your paid fairly from the tip pool?

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?

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?

Salam, Ramadan Mubarak! Anyone trying to maintain some level of strength training during Ramadan? I know it’s ideal to lift after iftar (maybe after dates/water + magrib and before dinner) but wonder if it is doable to squeeze in a 30-40 min training session right before iftar (for time saving purposes)?

For those who work for Axiom, what percentage of the engagements offered are full-time vs. part-time? Thank you!

If I am having 15.30 Lpa offer@LTI, how much I will get in hand salary.

Thoughts on CVS Health?

I peed in the ocean twice today at the beach 🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫

Anyone here going/gone to Harvard? Curious to know how tough Harvard (mainly MBA) is with ADHD?

What's your favorite thing about being a physician? With all the stress and heavy stuff we deal with, it's nice to reflect on the positives sometimes...

Any TIPS on “how to not give up on finding a job”. After many final rounds and ZERO offers, I’m on the edge. It’s a horrid feeling to endure and to end it seems.

Objective opinions on Aaron Rodgers aka The badd man?

Hi Guys, Can anyone please let me know howz the M4 band in LTI and what are the responsibilities mainly.

When shall we get some upward relief

Anyone at Tiktok willing to give a referral? 1 yoe, happy to walk through my resume if needed

If you got a job at FAANG do you find out within the week If you got the job after on-site ? 2 weeks if you haven’t gotten it?

I am due to join pwc IAC very soon. But while verifying my background, they tried calling my ex employer who didn't answer their calls or mails. It was a small firm with no specific HR department.
I forgot to take my relieving letter from him.
They have given me a partial go ahead to join contingent on the fact that i get the document from him.
I tried contacting him over calls and whatsapp but he didn't answer it as i didn't leave on good terms with him.
What is the way out? Please help

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?

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. 

I'm under contract for a new build in progress that won't be done until much later this year. I fully expect interest rates will be higher than what I originally estimated. I may or may not try to lock in a good rate early, but I'm planning on renting it out and this throws a bit if a wrench in my margins. I can take it financially, but wondering, If I absolutely needed to get out of buying it, what recourse do I have? Or could I go ahead, and refinance later (who knows rates at that time...)?

For people who recently refinanced, bought or is in the process of buying a new home, what APR did you get?

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

Would you pay an extra ~$100/month on top of existing monthly PITI for access to $65k in equity from your home? Want to use it for either A) down payment on new primary or B) net new investment property and see if that can fund the next primary

Someone asked me if it’s a good time to sell vs buy. So I explained that we’re in a seller’s market, then realized i lost a potential buyer. To what extent should I be transparent in this market?

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

Looking to move out of California, and considering buying a townhome in Atlanta for ~$650k. Any thoughts on the Atlanta real estate market?

I'm early in my career, managed to save $30K to invest, and want to get my hands dirty with a rental property without too much risk (e.g. no HML/flipping). It sounds like that's a tall order in the NY/CT area given the prices, not to mention whether I'd be able to get a mortgage on anything below $100K, but I figure I'll give it a shot anyway. Any advice on what you might do in my position? Am I being crazy with this idea?

Can I get a commercial loan without 25% down?

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

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?

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?

Has anyone bought property where the EPA has remediated the site for lead contamination in the soil? If so what’s your experience?

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.

How long did it take you to buy your first million dollar home? What were the steps you took to get there?

My dream neighborhood is 10 min down the road but entry point is 1.2m. Currently my house is worth around $550k

Do you thank your tenants for paying the rent? A quick thank you text?

I’m in Dallas and have been renting for 5 years. I don’t have any savings, but have about 30k in my 401k. Im thinking about leveraging that to buy a condo/or house. Is that a good idea or am I in over my head? I mostly want to, because I’m tired of renting and I’ve read reports that prices will only continue to go up. Although, I will have to pay back the 401k + pay rent, so maybe not a good idea. Advice/resources would be helpful.

Thoughts on buying pre-construction homes in markets that are popping and flipping selling them when construction is complete?

My uncle does this (he’s a realtor) and usually gets 2-3x return. Obviously there is huge risk because property prices can change a lot in 1-2 years, but at the same time the upside is hard to ignore.

Anyway I protect myself against the downside risk? (other than loosing my down payment)