Should I move forward with this investment property? It’s $350K, 3 units with below market rent totaling $3150. I’ll put down 25% down ($88K) and @7.4% interest. Once the lease terms come up this summer, I can raise the rent totaling somewhere between $3800-4300. This is the cash flow I’m looking at:
Worst case scenario - breakeven to -$80/mos
Best case scenario - $1300/mos
Realistic scenario - $500-800/mos

It’s my first investment property so any input will help!!! 🙏

I have a brokerage account with 7k in it, split 70% VOO 30% SCHF. I now have an additional 11k I can add - how should I allocate it? Should I move towards an 80/20 split just in current funds or add things like a growth (VGT) or high dividend ETF (VYM). All of my retirement accounts are already maxed, FWIW and don’t need the $ for any large purchases needed in the near future.

On average, what % of your lifetime savings should be directly in the market (MFs and ETFs)? This is excluding 401k, Roth IRA etc

DeFi bug accidentally gives $90 million to users, founder begs them to return it - CNBC

Can anyone provide a link or resources for best recommended resume templates for product managers trying to get into FAANG companies? Thank you!! 🙏🙏

New here and as all newbies, I've come to humbly ask for likes to gain the ability to DM. Lol

Can someone please refer me to KPMG?

Not sure whether to be honest or not in this situation. I have decided that I want to leave my job and do a masters degree. I’m planning to leave my job at the end of June, should I warn my boss now so she can start hiring? I don’t want her to be blindsided by my decision and hiring is very slow at the moment. Plus if they hire someone I can train the transition will be easier? But I don’t want to shoot myself in the foot if they were thinking or giving me a pay rise or promoting me?

Had a consultation with an attorney for legal advice on my options to address a late filing for a taxable event. They recommended me two options: file or not file. In order to help him with the consultation he asked to send him additional information like bank statements and work authorization which I sent.

If I decide to not file or go to another attorney if the fees are high, can the attorney still report me or whistle blow me to the tax authorities?

OK! Confession time. I am a hypocrite. I judge people@if they ghost me on Grindr, at the sametime I do it a lot. I feel ashamed now

How close are we to a market bottom?

Dear Folks,

Can someone refer me into Microsoft, for Azure DevOps role. I have 5.5 YOE

I recently had an interview with HCL and cleared 2 rounds of technical interview. I waited for a week for HR call but no such call was received. I then contacted the POC who scheduled the interview (he is an HCL employee) and he said that I have been shortlisted and will receive HR call shortly. This was 1 week ago and I have still not received any call. Has anyone else faced the same issue? And if yes, should I even expect a call fro HR?

I was offered a associate manager job in quality in HCL technologies which is in sector 126.... Can someone confirm how much should I expect... My current package is 6.55 lpa and I have total 7+ yr exp and 5.5 relevant exp in quality auditing.

Anyone in Chicago have recommendations for places to watch shop? Looking in the few hundred $ range. In the city today and disappointed by the selection at Nordstrom and I’m pretty sure Macy’s closed.

So is Tyrian in on Cersei's scheme??

How do you apply design factors to IT Audits. Just overheard someone explain 'level of aggregation' for IT Security policies by describing how many people have access to it. Why is this a thing???

Is there any website to get a template for decent/basic contracts (i.e. leases, purchase agreements, partnership agreements)? I want a base to start, without having to sign up for a free trial and then get hit with a bill when I forget to cancel...

If you living currently in a home and looking to buy another home but plan to put only 10% on the new home, can I pay the remaining 10% after selling my existing home in 1-2 months .. and get the PMI

From a financial standpoint in this market, which would be a better approach in Austin -

1. Buy a ~8-850k house that meets most of our ideal criteria (size, schools, interiors etc) to stay long term

2. Buy a ~5-550k house that’s not ideal with the plan of moving into an ideal home in 4-5 years when kid is ready for school.

How easy is it to get a mortgage for the second home?

Household income - 300k

Happy to add more details as needed

Thanks

Recently freed from the consulting game (starting end of next week) with a great severance and new energy around RE. Closed our first REPE fund last year as well as a sizeable personal portfolio in a large midwestern city, all on the side.
If you’re accredited and interested in putting some $ to work in this super low yield environment, ping me! Ramping up the next fund soon.

Wanting to move from NYC to either Austin or Tampa. Open to hear the pros and cons.

(1/2) People who work in the Bay Arae peninsula (Menlo Park) and live in the east bay- which is a good place to buy a house, upcoming, easy to rent or Airbnb in case I have to move back to my country! Prefer single family home as young as possible.
1- brentwood
2- Pleasanton
3- Dublin (expensive)
4- San Ramon (very expensive)
5- what else?

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

Is it common for HOA to ask you to prove your car registration is up to date?

Hi, has anyone worked at Freddie mac? Particularly the multifamily investments division?

Hi guys! Looking to learn about real estate investing! I am a senior in college graduating with a degree in finance so I understand certain aspects, but am looking to learn more on my own about real estate specifically!

What books would you recommend I read?

Who is still in denial about a housing correction? The Fed just made another .75% increase. Powell said they won’t stop until inflation is 2%. He also said a recession would be better than the consequences of unchecked inflation. He announced he will bring rates to a “restrictive level” until “the job is done”. He said that labor demand needs to soften (ie: layoffs). He very explicitly said he wants to slash demand and that housing needs a “correction”.

Correct me if I'm wrong but isn't it more advantageous to have low housing prices and higher interest rate? If that's the case, you can always refinance when/if the interest rate lowers again. Is there something I'm not seeing?

Better to aggressively pay off $15k in student loan debt and pay off by early next year or make the min $200 payment and save the rest for down payment/emergency funds?

What percentage of homes get sold without getting listed on the mls (off market deals)? Is it usually worth it for the buyer or seller?

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

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?

How big is to big for an initial investment property. Theres a 20 SFH portfolio for sale by me for about a mil. Is this to big to start with initially? I'm less worried about the Financials (feel comfortable on that end) and more worried about the managerial aspect.

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?

I’ve been thinking about getting into real estate investing. Not right now but later down the road. I’ve been trying to save up for a down payment. What are some good resources for a beginner? Blogs, YouTube, books etc I’m not looking for paid courses because I will be learning at a slow pace. Any help will be appreciated.

I'm a first time home buyer and got pre qualified back in Jan. Hard pull on credit docked me a few points. I wasn't able to close and now considering another hard pull for a different mortgage company offering better rates.
I'm new to this and this may be a stupid q but I'm looking for input from the bowl on whether to do this hard pull and get pre-qualified with a few more mortgage companies. Any advice is appreciated. Thank you

Can I get a commercial loan without 25% down?