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What are Fdd Director salaries at KPMG?
Need help deciding if this offer is worth moving for. Received an offer from Booz Allen Hamilton for an Associate level Sr. Systems Engineer in Los Angeles for $135k base. I countered $150k and a $15k singing bonus and asked if I could be brought on as a lead associate since I've been a lead/manager for a while in my current company.
Current company TC: $125k in Utah.
YOE: 7 with M.S. and MBA
Is the switching cost/risk and higher COL worth it?
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It depends but generally you should. If you’re a single guy, it’s actually one of the best investments you can make by house hacking.
That’s just a fancy term for buying a home on a mortgage and getting as many roommates as possible. It has a ridiculously high rate of return for as long as you do it (usually until marriage).
Thanks for the advice!
I own a condo and generally like it. Low maintenance, low mortgage which is cheaper than rent. Downside is dealing with the condo association. I purposely picked a place near the airport because I do need to occasionally fly for work. I do plan to buy a new house in the next year or two.
I purposely bought a condo with reasonable condo fees.
Absolutely love it. Be aware (not to state the obvious), a house costs much more than renting. Outside of your mortgage, maintenance and home improvement projects add up quick. Pace yourself and budget!
Thanks!
If you can afford it, I say go for it. It is a great investment. Just be prepared for how rough the market is right now. Houses are selling in a day. My friend had to put offers on four houses before she finally got one.
What city/ market are you in? Many markets are seeing a slow down.
Beyond the financial, I feel a certain sense of satisfaction having a home my family has (within city zoning laws lol) decision making power over. While the accountability for repairs and other costs (we needed a new roof within a month of moving to our home lol) can be an added stress having a place that is your family’s to call it’s own feels great most days.
Thanks for the advice
Subject Expert
Yes. House is one of the biggest investment you will ever do…so if you can afford it, you should. Unless you are expecting to get a job in some other city or state.
Appreciate the advice
House all the way. Still one of the best long term investments out there and you get to enjoy it and make your living space your own.
Thanks!
I moved from a townhouse to a house. Mainly because I have dogs and wanted a fenced backyard. Of course, having a fenced backyard begged me to start growing my own vegetables and many fruit trees and bushes, LOL. It's a lot of work, especially working full time. Great rewards, though. Homes are a lot more responsibility than townhomes, condos, or apartments. I also have many more expenses with a house. I do wish I would have purchased a home that would have let me rent out a basement apartment for additional income. Something for you to consider. Also, look into HOA's there are pros and cons. Some of them have rental restrictions. But they're also great for socializing if you get involved. My advice is to think about what you want and what your long-term goals are. And don't underestimate the maintenance costs!!! Good luck!