Question: I make 74k a year and am thinking about getting a condo for 130k. First time home buyer, good idea or no?

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

Condos are first to depreciate in down market…you can afford a 130k condo at 74k, but if you are in that kind of market, go ahead and buy a house

like

130k is your down payment or the purchase price?

Where are you located?

like

Real estate bowl

https://joinfishbowl.com/bowl_3uzebk8rkr

thanks

Related Posts

What's it like to buy a new car in Dubai? Financing available?

like

Didn’t invest in LTC early on, it went down to 260 today - worth pulling the plug on it?

like

Is it better to have SFH for monthly cash flow or passive MF deals through a private syndicate? Friend told me that you need to have $1.5m invested in MF to generate 60k a year approx but it’s much better than dealing with tenants and maintenance. Just wanted to get peoples thoughts on becoming financially free through these two real estate methods

like

Hi All. I moved to a new company , I just got my take home salary and my current pay is less that previous pay ,because of different state and other taxes. My new company is better but the pay is demotivating me . It is almost $500 less per biweekly pay check . What to do get out of the demotivation? I wouldn't have minded the same pay , but $1000 less /month is a lot !

like

How long before switching job? I have 2 years of HR Experience (1 year from each job) and I want to get more money.

like

Do I need to report my crypto holdings to EY?

How do y’ll save money on taxes? Other than obvious routes like 401k.

like

What is the best way to look at historical PE investments? I am hoping to discover new PE firms for networking / sales purposes. Potentially a website specifically that tracks announced PE deals. Thank you!

like

Question about what to do next. I’ve maxed out everything—401k, HSA, IRA, backdoor Roth 401k. My bills are all paid. I’ll probably make about 16,500 more this year to do stuff with (ie money that isn’t going to taxes or insurance or anything). What should I do with it? Crypto? Set it on fire? Get a hair transplant?

like

Good neighborhood for buying rental investment properties in Dallas? Have budget of around $400k.

like

What price per sq foot to investors start buying in the north ATX home? My home is on the market and not moving. Trying to understand at what price point does it become attractive to investors

I saw this townhouse in a prime location in my city for $350k (cheap for the area). The floors are all messed up though but the buyer said they’ll either lower the house price or give a credit for closing cost. There’s also a lot of nicks here and there (some locks missing from door, dents, scratches, stains, and some things are loose). But overall, the house’s architecture and design is so beautiful. Would it be worth it to get it and fix it up? Or find a newer house with less maintenance?

like

Hi Fishes !
What are your thoughts about investing in reliance power for long term !
I'm a newbie in stocks .
Any suggestion will be appreciated !

Any portal/website where we can follow cryptocurrency prices

Question about solo/self-employed 401ks: If I create a sole-member LLC for a side business and create a solo/self-employed 401k, am I only allowed to make contributions from the earnings earned via the LLC? Or am I allowed to contribute money earned from a different source (ie W-2 job).

like

Can anyone suggest if I can make a rental contract with my parents on a 1rupee stamp duty letter for below 1 lakh? If so, can I directly submit that to income tax department while filing the return for claiming refund or should I be disclosing in Deloitte Portal for last FY 2022. Also, I assume 11 months contract doesn't require to be registered with the govt? Please correct me if this is incorrect. Appreciate your suggestions on the above for tax benefit purpose..!!

like

This is an emotional dump rn. It may be lack of social interaction but I'm really frustrated lately. I feel like I lost last 2.5 years of my life with ongoing lockdowns and job instability in the first half of the pandemic. I was 28 turing 31. I get good dates but -ve self talk
Inflation is high & coming from a low income family where you're supposed to help your parents is driving me nuts. Although I make a good salary, after rent, car insurance, there isn't much left (unfav currency exchange)

like

Oracle India Ye dukh kahe nhi khatam hota 🥺.

Oracle shares going down ....
Oracle

like

Thoughts on buying TWLO under 320 vs. SQ under 240 or neither?

like

More Posts

Could anyone give me a insight on what the CTC Zoho provides for the technical support Engineer with 5years of experience?

like

I’m conflicted: Soul (the movie): yay, meh or nay? I liked it, but woke Twitter opinions are affecting me.

like

What percentage of hike should we expect while being promoted from IN3 to IN4 at Walmart India?

like

Whts the in hand salary in Capgemini for 25lpa fixed?

like

Larsen & Toubro Infotech In HCL if I am from Kolkata and my base location they gave as Noida,after starting working on project do i need to move to noida or I can work from home? (Got an offer from HCL) HCL Technologies Tata Consultancy Infosys Cognizant Larsen & Toubro Infotech

Hi fishes! Can anyone suggest some good places to discover in the Yemlur office? Most of my teammates are in other cities so there's no one here to show me around.

EY feels kinda...cheap. Are the other B4 like this?!

Did a first interview with hr rep, went very well. she set up the hiring manager meeting for a few days later. Met with the manager. Another great conversation, went over time and was told I’d hear back about panel set up. Following day I get a request from hr rep to “continue the conversation” with manager. This is set up Tuesday.
Why do you think the manager wants to meet again? Good? Bad? I felt great about the interview when we ended.

like

Have a telephone screening with the hiring manager for a Sr Product Manager at Amazon. Can anyone explain what type of interview to expect in the call?

like

Anyone know where to get free covid testing near west loop with fast turnaround time for results?

like

What's this deal with 11 likes?
I see a lot of y'all posting it.

like

Covid-19 coverage: what are you seeing? Where are we headed?

like

I feel like being a customs agent requires a special type of person. It seems like such a straining job that I want to commend them.

like

34M in Philly area seeking woman who loves milksteak (you should know what that means); magnets...just magnets; hates people’s knees (cover your knees up if you’re going to be walking everywhere); likes funny little green ghouls; other interests include writing musicals, the waitress, kitten mittens, spaghetti days, guns, America, playing Nightcrawlers, green man. If interested dm me.

like

Just got another rejection... Is exiting to FAANG or MB really this hard? Trying to go tech.. or mbb, but not getting anywhere. I have 2 masters (mba, ms) from top schools, been in consulting for over 10 years, I am confident that I know my stuff well..but still I keep getting rejected. Interviewed with Google, Amazon, Cisco, McKinsey, and a few others and every-time there is something that is not a match... are the hiring managers looking for like 100% match? That will never happen!!!

like

Anyone want a free chefs plate box? They sent me an extra one that I can’t have. Includes three different meals for two people (total 6 portions). Location: downtown.

like

Any associate roles available in MBB life science consulting?

like

Do tech companies like FAANG hire strategy consultants? Starting at an MBB/T2 next year and curious if tech companies leverage consultants as much as other industries. Part of me wonders if they are in such high growth right now that consultants can’t add as much value, thus maybe a smaller presence. Thoughts?

like

Additional Posts in Unprofessional Topics 🙃

Ugh I wanted to take my son to see a UFC match in person. Just so happens there is one in November at Madison Square Garden - great right! I knew the tickets would be expensive, was willing to pay $400 to $500 a ticket as long as they were decent. The cheapest ticket in the whole arena, basically top row so you can’t see crap, is $506 before you start with the fees!!! Am I wrong or is that just bananas???? Oh well, pay per view it is, maybe have some friends over. Just complaining… happy Friday!

like

Anyone here ever been scared by some major differences in materialism with your partner? I’ve been considered “boujee” by some friends but my girlfriend of just over a year is on a whole other level. Lately because of many of her friends getting engaged / married, rings have been mentioned and she’s said pretty much she wouldnt be happy with under 25k.

I come from a very middle class upbringing, and so does she, although she’s influenced by friends dating professional athletes and stuff

like

I’m excited to marry my SO in a few months but I have severe stage fright and do not like being the center of attention. Any advice on how to reduce the anxiety and just enjoy the day?

like

Looking for New Year’s Eve plans for a couple other than going out to a club... any ideas?

My gpa fell to a 3.0. I was working multiple jobs in college and had one really bad semester due to a traumatic event I went through. What are the chances the firm revokes my offer during a pandemic?

like

Looking for a dark walnut wood desk top. Ikea karlby is no longer being manufactured. Willing to spend up to ~350ish... any leads would be greatly appreciated. Also, post your current desk set up for some ideas 😬 thanks!

like

Any of you auditors have pick up lines? Matched with a hot auditor guy and want to slide in

likefunnyhelpful

Cockapoo vs cavapoo? Easier dog to own

Reasons to stay in NYC? Kinda feel really sad living here.

like

Never thought that there would be so many haters in the workplace - what happened to being happy with your own success AND the success of others on your team.

like

Am I the only who’s embarrassed when someone asks what do i do? Im an auditor btw

likefunny

In unit Air conditioner recommendations?
Living in Florida and building ac is down for next 6 months...
Thanks

like

What are some things that help you get through busy season?

likehelpful

Bring back Trump’s market.

likefunny

I bought my boyfriend the Valve Index for Christmas. What are some games I should buy him?

like

Anyway to slim down legs; just want to smooth out this massive imbalance that the body seems to favor to the downside

like

There is no more powerful feeling than holding a draw-4 card in uno

like

Why do people not respond to calendar invites? Come on now we can do better🙃

like

What random skills do you possess that can help during the pandemic? I'll go first-

I can make soap, beer and mead from home. Im gonna be drunk and clean!

likefunny

How is your Valentine’s Day?

like

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