Which option makes better sense financially? To rent out or sell. Please walk me through the calculation!

1) 100k home equity in a 420k market appraised home
2) I can rent out for ~$400/month positive cash flow
3) vacancy rate is low as it’s in a desirable part of Chicago downtown
4) interest rate is 2.5% 30yr fixed (27 years left)

is the rental market getting better?

Whenever I read white paper/upcoming projects details (some offers giveaways nft), most of them looks promising and great features. How do you guys decide before investing into nft? Please share some thoughts on what specifics we should focus more for newbie like me.

Need to get precheck/global entry. Should i get a credit card that covers this and cancel in a year, or should i pay it myself?

1M net worth, 450k total comp, age 35, just paid off tons of student loans TONS, want to retire at 50. What’s the move?

Looking for a panty dropper used car for around 40k. What would you suggest? Considering a wide range of options from x5 to F type

Folks that got a prenup. How and where did you get it? We have spoken to a couple of lawyers and it simply seems to be a back and forth they want to do to rack up billable hours/complicate the issue. My SO and I pretty much know what we want. We are doing it mainly to protect my SOs inheritance. Looking for the simplest way to execute this. TIA for any advice.

Whats the second source of income for a IT employee ?

Just starting to invest, should I make an account with Vanguard or Fidelity?

Anybody got any fire penny stock plays? IDEX is mine, but I’m looking for more!

What stocks are you adding in this dip.

Does anyone have any good self created templates they’re willing to share for use in the context of stock option planning?

Hi All,
One of my friends has recently joined capgemini and has following doubts related to tax proof.
Can we edit the tax declarations in HGS portal every month any day?
Does Capgemini asks for rent agreement along with rent receipts as a part of tax proof submission?
Also which proofs needed for,
80c - elss lic
80d - insurance for senior citizen parents
80ccd1b - nps

Client had a privately held REIT in IRA. Trying to transfer to IRA I manage to diversify. I need some help. Continued...

Let's say through a combination of aggressive saving, high income, and savvy investments, I manage to save several million by the time I'm 40.

If at that time I decided to pursue my passion and go to law school so that I can be an affordable attorney for worthy causes, will my age hold me back from getting into law school?

Company offers 200% match on the first 3% of 401k contributions, vested immediately. How is that relative to other firms?

Has anyone successfully “ported” their mortgage? Just learned about this and doing some research since rates are so high now. Current rate is 3% and new home will be more expensive, for context.

I’m clueless about 401ks. If I go to a new job does all that money I put into my 401k transfer with me? I’ve heard both yes and no so I am confused

Buying our first home and from a friend, we are both not using realtor. How do you got about doing this, does some have a playbook I can use?

Having trouble opening a new bank acc (eg Marcus by GS, Ally) as I‘ve only been in US for a few months and have no credit history. Any international fish have tips to circumvent?

Have the clocks turned back yet?

Currently 2:22am EST.

Do HCL revise offered salary or counter offer if other in hand offer shared?

How much package should a data engineer get for 3 year exp?

Hi,

JPMC call candidate with 3 months of np for interview and expected CTC for 3.6 years of experience with techstack as java fullstack?

Hii everyone from IBM 👋🏻

Whats the process of initiating and getting the hike/bonus?

I joined IBM on last week of May 2022, was on bench till 20th November 2022 and got allocated to project on 21 November 2022.

Whom should I talk to regarding the hike/bonus? And whats the process like??

Will be grateful if I get any inputs. Thanks all :)

For the CFE, did you do anything in addition to the ACFE prep course? The course is just practice questions, so I’m wondering where I can actually learn the information first before that.

Looking for SC and Managers to join the Financial Crime team at FTI, DM if interested.

Been contracted for almost a year and I have all the experience for full time technician, I just can't afford the price of the tests. My current gig has yet to onboard me even though I have stellar recommendations from higher ups in the company speaking of my work and professionalism. Does anyone know of a place that needs a high energy, professional, friendly computer Technician?

I received a call from Infosys after 20 days of interview for offer discussion, I was ok with the offer , HR said she will get back, what can I expect next?

Hi all, I am an Aws data engineer with 4 years of experience, Aws developer certified. I have only 20 days of notice period left.

Can anyone please refer me to a data engineer role at amazon

Hello fellow fishes! I'm looking for an opportunity as a sr. product manager/ owner with a startup in Delhi or Bangalore. Would prefer remote working opportunities. My total work experience is of 6 years in the product management/ startup field.

Can you dice/chop onions and not tear up? If so, how many till you tear up?

Hello fishes,
Anyone has a clue when will Form-16 be available?
My LWD is near, so just wanted all these docs before I loose access.

No one is talking in this grp. Why?

Would you rather work with people you like on a project you don't, or on a project you like, with people you don't?

I’m scared there is no viable long term path in social strategy! How can I prepare myself for the long term? What skills can I develop?

Can anyone recommend a solid lender in Westchester County single family homes? Low rates, good service, easy to deal with.

Now that the rents are going higher and housing is not affordable. With wfh option is it good idea to love to ranch with house?

Anyone here invested or opted as primary living place outside of cities?

Cheers

Would you pay an extra ~$100/month on top of existing monthly PITI for access to $65k in equity from your home? Want to use it for either A) down payment on new primary or B) net new investment property and see if that can fund the next primary

Our appraisal came through exactly as the offer price we put. Apparently by lenders 3rd party. Isnt that a bit fishy? If it came in lower our contract has the option to negotiate a bit with seller. Is lender just trying to push this along faster? I'm pretty sure in this crazy market the home is not valued at what we offered. Why would seller put a much lower asking price then? Make no sense. Please advise!

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)

What rates are people getting for condos? I’m thinking about selling my condo (I had 3.25%) but my realtor said that the rates are so high now that if I were to buy a similarly priced place, the monthly payment would be like $800 more. I’m bad at math, so I wanted to ask here to confirm this is accurate. Mortgage is around $700k

I thought the answer is yes but now double checking. Can we write off the interest we pay on our primary residence mortgage?

How long did it take you to purchase your first rental property once you started looking? I’ve been working with an agent for about a month with one offer not accepted, feeling discouraged

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?

At what income level should one be comfortable to spend 2400/mo on rent in HCOL? Assuming single, no kids, no debt or major expenses.

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

First time home buyer and I have no idea what I can afford. Excellent credit. I know to get a preauthorization before looking but want to skim homes the meantime. Any good rule of thumb when searching?

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.

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

I really need recommendations. I want to replace the through-the-wall AC units in my condo. Anyone buy ones you really like? Or rent an apartment and are happy with your (newer) AC units?

Tried doing research online but reviews are all over the place. And would love firsthand recommendations.

This isn’t relating to investing but we are looking buy a SFH in South Orange NJ. We are have a 2 yo and we are moving from Sacramento. It is a close to a train station to New York.
Does any one here have any info, good or bad things to know about the area. We toured 3 different homes and they were relatively affordable by (600-750k) and it seemed like a small town community but we are not familiar with east coast/ New England. It’s going to be our first move there.

If I’m a Real Estate Agent buying my own property, can I negotiate the Buyers Agent commission to be 0% instead of being paid the buyers commission? Essentially converting what would be Income into Cost Savings for tax purposes?

Looking to move out of California, and considering buying a townhome in Atlanta for ~$650k. Any thoughts on the Atlanta real estate market?

Fishes! what are the best grounds to dispute my property tax valuation? What support should I have?