What do yall think of the 30/30/3 rule?

30% of gross income on mortgage or less

30% of net worth in real estate or less (for someone with a primary residence and not a RE investor)

look for houses up to 3x gross income

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 bought a property with 5% down. If after a couple of years I decide to move and rent this out, can I buy another property to live in for 5% down or does it need to be 20-25% down?

Hi guys,

I got my full and final settlement today but I can see no tax deduction. Does anyone know the reason. 4k tax used to be deducted every month till now. I also got gratuity and leave encashment along

If you had to guess when oncycle will be, what would you say? I’ve heard funds were disappointed by participation rates and quality last time, so I’m curious to see if they can show enough discipline to wait this year.

What percentage of your income do you save, invest and spend?

Has anyone here used New Western to buy real estate deals?

Recently sold my car on carvana. I had initially bought it using a loan from DCU. Now that carvana has paid me the balance after paying of the loan, i still see on the dcu app that I owe money to dcu. People that can relate, can you take me through next steps?

Okay guys give me a list of things to lower my taxable income. Make yearly with wife 200k.

Hi Sharks
I am 25 years old with in hand salary of 1L(just from last month) and i want to buy a term insurance plan. My questions are:
1. Is it wise to take 2 plans of term insurance one with return of 60 years and another without return of 80 years of each 1cr.
2. Is it wise to include health riders in insurance plan to claim for 80d or just chose health insu
3. How much one can ideally shell out for insurance per month (both term and health) for self in terms of percentage of monthly income.

NYC struggles: 1st paycheck to rent, 2nd to pay off credit cards. Almost none for savings. Maybe it's time to rethink my lifestyle of drinks and debauchery ✌️

Anyone have any tips or ideas on how to collect money owed from a client? In a few months it’ll be two years since the debt was incurred. We send monthly reminders of the bill. It’s a significant amount (well to us) and the client is now starting to open up and telling everyone about the situation that we helped to resolve.

Welcome to the Retirement Plan Advisors Bowl. The goal is to give advisors of Retirement Plans a place to discuss the challenges, opportunities, and daily ins and outs of working with all types of employer sponsored retirement plans.

What actual stocks you all buying today? Got some cash from settled trades I want to deploy

Is there an investment fund or group that anyone knows of? I heard of Fundraiser but it seems very convoluted. Looking for an investment group or development group to invest with

I am potentially able to get in front of 4-5 of the “right people” to potentially take over some 401k plans. I have never ventured into this area. Any suggestions on where to start for...continued

How much can we save in Canada Onsite ? Tech lead role. Avg sal in glass door is $80k .

If you could right now, would you buy a house in full cash or invest in the market?

I have two mortgages, one at 3% and one at 4.25%. Is there any benefit to paying either of them slightly higher than the minimum payment requirement (ie, maybe like $200/month more)? Additional factors to consider, my HYSA currently yields 3% and I am looking to buy another property in about 2 years and would prefer to not sell the either of the two properties currently on mortgage.

I racked up about $20k in credit card debt due to a confluence of things happening at once (move, school expenses , etc ). I have a fair amount of paper assets but not a much free cash. Assets are down a decent amount with the current market cycle and I’d prefer not to sell them to cover the debt , although they easily could. Any suggestions how to handle the credit card debt without racking up tons of ongoing card interest?

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 health tech (or adjacent) start ups excite you most these days?

Does anyone know the salary band for clinical program consultant at United Health Group? What is the typical bonus associated with this role?

What is annual salary increase for SA at Alvarez and Marsal? I applied for director role but offered SA since I have extensive industry experience but no prior consulting. I was offered additional compensation paid out over first year but concerned the annual increase will be less than the first year additional pay. If 15% increase reasonable for SA or only with promotion?

Getting disability rated…I retire next year and seeing the doc for all my issues. They’re listed in Genesis under my active issues. Does that automatically count for when I retire or do I need to get appointments addressing these issues again after meeting with the VA?

Everyone complains about high healthcare costs in the US. I understand that it’s a complex problem including drug prices, insurances etc. But no one talks about the high physician salaries. Why do surgeons make near a million in the US while they make $250K in Canada?

The artificial supply limitation should end.

How can one apply for bank PO job in icici after graduation.?

What is the role of Relationship Banking Manager.

Hi All

From last 40-50 day's; I get call from HR ...
.they asked whether they can schedule interview on Wednesday....i said Yes.

But somehow I get schedule cancellation e-mail on or before Tuesday & the process continues from last 1.5 months

Will i get interviewed @accenture or not....

I was referred to Accenture federal 2 weeks ago, but have not heard anything back yet. How long did it take for a recruiter to reach out to you? How fast does Accenture move in the hiring process?

What is the payout of monthly bonus in birlasoft. Is it 100% or it is less than that.

Hello! I have a two part question: 1) is it worth it to obtain an SHRM specialty credential if I don’t have the broader SHRM certification? 2) has anyone gotten the People Analytics or Talent Acquistion credential? If so, how valuable was it from a learning perspective? Do you feel it significantly contributed to your knowledge in either area? Thank you!

Anyone have any tips or ideas on how to collect money owed from a client? In a few months it’ll be two years since the debt was incurred. We send monthly reminders of the bill. It’s a significant amount (well to us) and the client is now starting to open up and telling everyone about the situation that we helped to resolve.

My company went toxic in the last couple months. Chose me and started interviewing. Had a very successful interview with Amazon but recruiter is working hard trying to place me and said there’s no knowing how long to find a team. Meanwhile I just received a Director offer for a company with a 29% pay bump July 1. If Amazon or any other FAANG/large co gets back to me, is there an acceptable way to not burn bridges with new job and accept or delay start date with FAANG? Or fuck it just hop?

My company is hiring for CPAs for associate for our dispute and investigation group. DM me if interested. Preferably have audit experience.

Will need to migrate to office 365 soon. What’s the difference for excel from the 2013 version?

Looking for an SAP Commerce Cloud (Hybris) Consultant role.
Can anyone help me with a referral at their firm?
YOE 3.4
Already on NP.

What is the procedure to follow to prevent ourselves from getting blacklisted after rejecting an offer letter?

RSM has been showing interest. Can any former EY workers speak to how transitioning to RSM has been for them? How’s it been? Was it worth it? Any insight is helpful.

Daily filling Timesheet even on bench.. bad process. it shall be weekly or monthly..

Any Property Management recs in Seattle area? :(

Can I get a commercial loan without 25% down?

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.

Is it okay to buy a home worth 660K for a couple earning 325K TC together? The HOA and taxes for this home bring the monthly payment up to ~4.8K which is ~32% of our monthly take home after tax…we’re first time home buyers, any advise is appreciated!

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?

Finally got an offer accepted on a home I love! (In DC) Spent months searching. Next thing is getting to the closing date.

Now I feel super anxious about everything going thru and getting the keys. How difficult is that process of getting to close, have heard the underwriting portion could be a headache?

I bought a property with 5% down. If after a couple of years I decide to move and rent this out, can I buy another property to live in for 5% down or does it need to be 20-25% down?

If anyone has problems with leaks or anything facade related I work in facade restoration, preservation, rehabilitation, retrofitting in NYC. I’d be happy to discuss potential solutions.

Has anyone here used New Western to buy real estate deals?

What is the term for giving your home buyers a credit for immediate renovations they will have to do before or upon moving in? And how does it affect the seller?

Is there an investment fund or group that anyone knows of? I heard of Fundraiser but it seems very convoluted. Looking for an investment group or development group to invest with

My clients wish to write a testimonial/review for my RE broker services. What is the best site/medium for this? Yelp? Google Review? Zillow? Facebook?

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

NJ market - Cousin of mine who has >500 rental properties advised that over next 3 yrs it’s possible for me to get 3 multi-fams if I buy 1 every year for next 3 years, by doing FHA on the first so 3.5% down and then doing less than 10% down on the next 2 if I do it right. Everywhere I read not seeing how that’s possible. can anyone explain pls? Is there a hack that after getting the 1st owner-occupied prop, I don’t have to put more than 10% down on 2nd home, and on 3rd??

28 year old with ~125k in cash/brokerage. Have been wanting to begin purchasing rentals but anxious to use a good bit of my liquid savings. Thoughts on biting the bullet vs. investing in stocks. In Houston if that is a factor

What do you all think of fundrise and start engine Real estate Reit ? Any experience? Would you invest here if you didn’t have the time to actually buy and rent properties? Any insight is welcome.
Thanks

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. 

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?

Having trouble selling my (retired) dad's house. It needs a lot of work, but has great character. What if I buy it myself for a low, low price? Then I would be able to get a FHA 203k loan to do the updates. Rent it out or put it back on the market in the spring.

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