Related Posts
Coach
Any good gaming ETF ?
More Posts
I'm serving notice period in TCS and my last day is in 2 weeks. I requested for pickup of laptop in the portal but I came to know that it will take time for pickup and I won't be available if they come late. So I decided to go to office and surrender the laptop as I'm in the location of office only. Is there a seperate request to be raised for surrender of laptop and how to cancel the existing request for pickup. Please guide.Tata Consultancy
Additional Posts in Consulting
Pro
Best books on leadership and sales skills?
Rising Star
Chief
Bain & Company Which are the best consulting firms and practices for Climate Change & Sustainability, especially in the Canadian geography? Also, please suggest the best Canadian city for consulting jobs.
McKinsey & Company | Boston Consulting Group | Bain & Company | Kearney | LEK | EY | Oliver Wyman | PwC | Deloitte
#ClimateChange #Sustainability #Water #ESG
is EYP still hiring?
New to Fishbowl?
unlock all discussions on Fishbowl.
Rent
Agree with the posts above. If you only plan to be there for two years, absolutely just rent.
Austin’s hot. But so is the housing market right now (overpriced). So I say rent. Plus you likely won’t know which neighborhood is for you until you get there.
Rent, there are some cheap options in the far west area for ~1k per month. Also think about it this way, if you spend 50k in 2 years on rent, and the housing market isn’t as hot in 2 years and homes drop in value, you basically live for free for 2yrs and potentially make some money😂
Definitely rent. If you haven’t lived there before then you don’t know the area that well. It’s changing very quickly. You missed the boat on an investment property anyways. Might be a different story if this was before November.
Rent
It depends
Agree with mck2. There's a ton of factors that I'm too lazy to list out on here. Really comes down to your financial situation and your goals
What price property would you be looking at?
I find it hard to imagine it being worth buying. Your monthly payment would mostly be going toward interest. Any gain you get from property prices rising would mostly be eaten up by transaction costs and commission. And IMO, whatever gain remains after that is likely not worth the headache of buying and then selling.
Lol good luck buying here in Austin. Just rent. Unless you plan to buy a place and rent it out afterwards.
Good luck buying even if you plan to rent it out afterwards. The last place I put an offer in on had 50 other offers.
Rising Star
Only thing I would imagine that could
Make sense if buying a condo in the city area and then renting it out when you leave. If not I’d rent all together.
If you can afford it buy a townhouse, live there for 2 years and then rent it out when you leave. You can figure out the logistics in the 2 years you live there. Create something that will help you make money instead of wasting it on rent.
This also kind of makes it easier if you decide to buy a home to settle down after 2 years because you can do a cash out refinance on the townhouse and use the difference in money to put as down payment on another place.
You don’t have to do it this way, but I would approach it this way, assuming I can afford a home at the moment.
Not much of an advantage. Most townhouses that I know of are in a community so the community management takes care of the lawn and stuff, with fees obviously which is typically covered in the Mortgage and HOA fees. I’ve also noticed that taxes are somewhat lower in these communities as compared to individual homes. I could be completely wrong, I live in LI so my experience is from here but it’s different in every city.
Invest in real estate and build equity. Don't waste money on rent even if it's just for 2 yrs. You can rent your property or sell it once you move out.
Chief
Tough call. I heard prices have been crazy there. If you do buy, pick a house that you can rent if the market turns