Should I spend 180k to put 40% down on a rental that cashflows 130 dollars a month?

Generally steady appreciation expected. Very good schools.

I am financially secure (husband now has a high earning job) and looking at what options for "moon shots" at chances of real wealth generation with my years in Big 4 (10+). Month to month cash flow isn't a concern anymore so i can focus on opportunities for bigger pay days. Ideas from the hive mind?

How much are we expected to lose in this VPB post tax? Any ballpark percentage estimate?

How do people here reduce their tax bills? Me and my SO earn about 400k gross and take standard deduction. We don’t own real estate, only S&P500.

How do you ask for points?

Okay finance gurus, I have an idea and interested in your thoughts. Might be a bad one so be gentle 🙂. I have a 2 yr old and another on the way. Need to start planning for college. I was thinking of buying a condo or 2 in lieu of saving and selling them down the line for tuition. Condos downtown are pretty inexpensive (T3) so it’s financially feasible. But is this a good idea or too risky?

Alteryx stock - thoughts on the company as a longterm investment?

Does anyone think there is long-term viability in Cryptos?

What will be in in hand salary at 14.4 CTC? I have education loan as tax saving

Where do first year associates / business analysts typically live in NYC? What’s a realistic rent budget?

Has anyone refinanced their student loans on h1b visa? Is common bond the only option?

Buying a house for ~900K in one of the Boston suburbs - my household income is ~230K. Am I stretching too far?

This might be the wrong place to ask but is getting a car worth it?

I think it’ll somewhat improve QOL but with parking, insurance, gas and financing costs I’m not sure spending almost 1K/month is a good idea at 22.

The other problem is that used cars are so damn expensive right now so I can’t just buy a used mx5 for 5-10K

Recommendations for a Roth IRA?

Who / what do you list as your contingent beneficiary when your spouse is your primary, you don’t have children, and you don’t have anyone in your family you trust with your finances if something were to happen?

Has anyone used The Warton Group for 401k appointments? Seems like a lot of money for uncertain success...

What happens to carry if you move funds? Would your new fund “buy you out” or how should you raise this?

Should I get an accountant/tax pro? I’m sick of paying for $200 for turbo tax and still having to do all the work. I’m Buying and selling (mostly just buying) equities through multiple brokerages, maxing 401k and accruing interest on multiple checking / savings accounts. Not rly any tax breaks. Would be willing to pay up to ~$400 for some convenience

In retrospect, what a wasted opportunity for whoever was posting as Q to not do some pump and dump stock move in late October.

I seem to have over contributed to my HSA by ~$50. Is it even worth it to withdraw if my HSA charges $20 for processing an excess distribution request?

Anyone make the move from Chicago to Dallas?

Has anyone made a move from a “cushy” lifestyle to move to NYC? I’ve had a desire to move for a while but the logical part of my brain is holding back. Also insight into PwC NYM would be great!

Hi fishes

My package is 25.5 LPA fixed. Can someone suggest which tax regime would be better for me. As of now I do not have a home loan to claim tax benefit.
Also what could be the in hand salary in my case.
PF deduction : 153000

How are annual increments at DXC?

Summer break is killing me, need a Sunday Race day.

Has anyone looked into starting a property management business? Repeat clients, scalable, and can run smoothly once you figure out the right team/systems. Any general thoughts and or recommended resources/books? Haven’t done much research...just sharing shower thoughts here

Can you set automatic investments in TD Ameritrade? Looking to DCA at the start of every month into index funds without having to manually buy. Thanks!

What is the biggest "burden" about your jobs? The research of stocks, funds, bonds, etc. or putting together a portfolio for customers during the busy seasons?

As I am in the transition process to another firm... will a ‘letter of warning’ be reported on my u5 ? I was told it would not... but wasn’t sure if anyone out there had a similar circumstance.

I know this is going to differ greatly but wanted to get an informal survey here of what the hours are like in product management. If you are a PM, can you state your level (early, mid, late in career) and average hours per week worked?

Looking to start a new bowl/community to connect with other Design Leaders/Managers. Can be new design managers like me, or even those with years of experience.

Reply below and let me know ✌🏼🥰

Which of the following companies rank the best in terms of job security and decent work life balance?
Standard chartered
Wells fargo
Citi
Barclays

For anyone that left consulting to work in product management. How is it? How is the work? Wlb - people - culture .. etc

Want to warn stakeholders that their hostile, posturing emails with our main client CC'd is only going to backfire (main client ❤️ us). emails will no joke prob get some of them fired. #restructuring

This post is an alert message for anyone joining the Johnson & Johnson EMEA account for SAP & had Rakesh Sharma for their Manager round.

He is nothing less than a con man & will promise you a lot to make you join the account. After that he will put you in testing projects. If you ask for a release, he will either not release you or release with a very bad rating and influence other project managers to not take you into their projects.

You will be left with no choice other than leaving TCS.

How many days does TCS takes for TR round results

Closing on a condo soon. Need to get 1 accent wall painted and one laundry bifold door installed. What’s an average cost to expect for this. I got quotes for 2000$, seems steep. Any recommendations for contractors in chicago area?

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)

Any one knows what’s the easiest way to order a radon test for new construction?

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

For those that built higher end homes, what kind of appliance budget did you have?

Who has done FSBO? Thinking of doing it for 2 of my houses that I’m selling in the spring time.

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?

I am looking to buy my first property soon - preferably new constructions (anything except condos) anywhere in Ontario/Canada. Any suggestions where I can turn to find new construction projects? I understand I need an agent. Until I find a good one, I am looking at the houses myself. Any suggestions where I can get information about new projects happening in the province?

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

Anyone know the average annual rent increase for 1200 sqft 2 bedrooms? I’m renting and want to know what to expect in a few weeks

My assumption is that one makes money in RE with leverage. So, would you never let your equity in any given property get above certain% (I.e re-leverage and invest elsewhere) or would one eventually want to own a property outright?

I have over 12 years in B2B sales/sales management experience along with a graduate degree. I am wanting to shift gears and I am at a point where I can invest time in myself to learn through practical experience. The new industry I am wanting to pursue is real estate investment. I have read all the books but want some hands on experience on the property management side. How could I best leverage my skills for a role in this, and what should my expectations be for negotiation in compensation?

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

Hi - any good books recommendations for getting started on real estate investing?

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

The threat of nuclear bombs flying over cities should crash the real estate market

Is this the right time to buy a house as a primary residence. Everything is above listing price and going up on a weekly basis. What is your recommendation, be on rent for another year or two till the time property price go down or buy a house and save money on rent. Aprox budget is $500k and renting a house for 2200k per month as of now.

Question for folks with second homes: Considering buying a vacation home but would be primarily for family use. We currently have a primary residence with a mortgage balance of ~640K, so my understanding is I could only deduct the mortgage interest on 110K of the second mortgage to stay under the 750K cap. If I were to buy the second home through an LLC, would that allow me to exceed that 750K since the expenses of the second home would be pass through expenses/income?

For any of you real estate investors, what tools or sources did you learn from when getting started. Can’t find a mentor currently so want to find some highly recommended books or videos. If focused on the tri-state area (NY, NJ, Long Island mainly) that would be even better. My hope is to buy and rent out a apartment while also owning a house and house hacking that by renting part of it out. Trying to understand all the steps, traps, and how to find if it’s a good investment.