My wife and I bought a 2k Sq foot townhouse with great rental opportunity, in a good area of upstate NY in 2015 with a mid 3's rate. I don't want to sound callous but I couldn't give less of a fuck about mortgage rates now. Jack this shit up, I'm tired of high egg prices.

I’m launching a private dog park bar this year, you can DM me if you want to know more. I raised $350k and leased a 104,000 sq ft facility that we are currently renovating. Hoping to open this summer.

Designing and manufacturing accessories for boats. B2B sales to boat builders. $1M+ revenues within 18 months at appr. 60% gross. Can assemble and ship $3M worth of product per year with a single operator working an 8 hour shift in a 400 sq. ft. work cell.

My husband and I started two gyms from the ground up. The first one was about 10k sq ft and the second was 21k. We ramped membership up very quickly and did really well.

We sold after I was diagnosed with cancer. I don’t miss it AT ALL. The stress wasn’t worth it, we are both much happier now.

There was a condo in my relatively small midwestern city that I saw on Redfin this weekend: $150k for 313 sq ft., with an additional $361/mo HOA fee.

Worst thing was that after laughing for a sec, I thought about it and it's probably a good deal for the city given its location :(

Save your money and learn the advantages and unanticipated costs of home ownership with a smaller home.

We started our home ownership journey in a 1000+ sq ft house while driving a Honda Civic and a Toyota Camry. This meant that our retirement accounts could be funded and we could afford (sometimes modest) summer vacations.

We bought our starter home for $170K+. 6 years later, we wanted better schools for the kids, so we leveraged the first house to purchase a fixer upper for $500K+. 6 years later, we HELOCed in renovations.

When you own your home, your credit score jumps. You will be able to purchase cars and trips to Home Depot at much lower interest rates. Credit card companies will give you higher limits. Your mortgage costs will stay steady relative to rental rates. If you put down enough, you won’t pay PMI. And the home owners credit is a nice tax break at any level.

When things break, and they will, the costs are much smaller in a smaller home. Our smaller home taught us how to choose plumbers, electricians, arborists, HVAC techs, fumigators and handymen. More importantly, we learned what we could do ourselves and how to ask the right questions.

I have a 1700 sq ft house in Austin worth about $500K. Austin is expensive, but with $200K+ between you and your wife you should be able to do okay. You have parents there so your wife will be happy. I would say sell your other home unless you can rent it out with a management company and still clear a few hundred in profit every month.

You can live anywhere in the world on 170K USD. Just depends what lifestyle you want. You just may not get the 4000 sq. ft. house in Austin.

Imagine owning two golden retrievers in a 300sq yard apartment

This fucker hasn’t even potty trained his dogs

Me and my husband have been delaying finding a new apartment due to being too stressed. But we finally had the time this month. Our current place is a 450 sq ft studio apartment ~$1100 a month including utilities. My husband has been bothered by the lack of amenities here. I was glad to be at a place that wouldn’t affect my savings rate too much. But the new place we both like is a nice upgrade. I’m most excited about the well equipped gym so I can do powerlifting at home. ~$1700 and 770 sq ft townhome style apartment.

This year our HHI increased 77k-> 125k. After crunching the numbers I found it amusing that our percentage of income spent towards housing will be about the same.

We’re both so excited about this new place. I had been thinking about how I could save all that extra money. But now I’m thinking about how little spend it can take to increase happiness. I’ll still be saving plenty.

Welcome back to Quebec, got my 4 bedrooms single house on a 7000 sq/ft land for 250K cad$ in 2020. Quebec is our only hope

Some implied move for earnings next week - 1160 companies reporting:

​

$AAPL 3.9%
$SHOP 10.0%
$SQ 9.3%
$COIN 12.9%
$DKNG 9.8%
$LYFT 15.7%
$CVNA 18.0%
$DASH 11.4%
$BKNG 4.8%
$EXPE 8.9%
TEAM 12.4%
$WISH 17.3%
$BILL 16.9%
$RDFN 13.2%
$OPEN 21.0%
$BMBL 14.6%
$RKT 8.3%
$QCOM 6.2%
$ESTY 10.2%
$MELI 7.7%
$DDOG 10.0%
$RCL 7.5%
$MRNA 6.5%
$PTON 17.1%
$PLNT 7.7%
$W 17.4%
$PARA 8.6%
$K 3.8%
$REGN 4.0%
$SHAK 9.0%
$CARS 9.7%
$ZTS 5.6%
$SEDG 10.5%
$RUN 12.6%
$AMD 7.3%
$F 5.8%
$SBUX 5.2%
$WING 10.7%
$CVS 4.7%
$KHC 3.4%
$EL 6.6%
$SPWR 12.7%
$GRMN 5.6%
$CHEF 10.5%
$EAT 10.0%
$SMG 12.6%
$SITE 7.0%
$TRIP 9.5%
$MOS 5.7%
$LMND 12.0%
$FSLY 13.6%
$HUBS 7.9%
$ZG 11.4%
$UPWK 15.2%
$EQIX 5.4%
$OLED 9.0%
$VMEO 31.0%
$MTCH 9.9%
$SPG 5.6%
$PAYC 8.9%
$CLX 4.9%
$PRTS 16.5%
$HLF 10.8%
$EXPI 14.1%
$SPT 15.9%
$UBER 9.4%
$BP 3.3%
$LNG 3.7%
$MAR 4.2%
$SYY 3.8%
$TAP 5.3%
$TREE 16.6%
$ZBRA 8.8%
$INCY 5.9%
$SAGE 10.6%
$SOFI 14.5%
$CHKP 6.1%
$NCLH 8.2%
$GPN 7.5%
$TGTX 20.0%
$LOGI 7.0%
$NXPI 5.7%
$ANET 7.7%
$CAR 10.3%
$MGM 6.0%
$VRTX 4.9%
$ZI 12.9%
$CF 5.2%

​

https://www.optionmillionaires.com/some-implied-moves-for-next-weekmay-1st-may-4th-1160-companies-reporting/

Is buying a less expensive home but for all cash worth it financially? Sure we want a 800k house with a view, but there are some >2,000 sq ft homes in our are area for 450k that we could pay cash for in 6 month (and not really old or falling apart). Do you avoid a ton of fees? Can you get a low ball offer accepted? If interest rates go up to 8% or 9% will this matter even more? We'd probably move in 6 years to something nicer.

Is buying a less expensive home but for all cash worth it financially? Sure we want a 800k house with a view, but there are some >2,000 sq ft homes in our are area for 450k that we could pay cash for in 6 months. Do you avoid a ton of fees? Can you get a low ball offer accepted? If interest rates go up to 8% or 9% will this matter even more?

This post has been removed because we don't allow career guidance, career path, and job choice questions (rule 9). Other subreddits are better equipped to address this topic:

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• If none of those subreddits seem to fit, ask on one of these job-related subreddits or ask on /r/Advice.

You may also want to ask on a career-specific subreddit, especially for any topic that depends on the job sector and career such as salary negotiation questions.

If you have questions about this removal, please message the moderators.

Depends on the stock and where you think its going. I cut SQ last year and it's worked out. Google is starting to show strength though, its 8% above it 50 and 200 day MA. If the market goes higher and the S&P breaks 4200 GOOGL will more than likely outperform.

We have units that are $2,300 that are 1200 sq ft 2BR 2BA that come with a 300 sq ft basement and 300 SQ ft garage. Most people looking for long term tenancies (our target market) would rather have 1800sq ft of space vs paying $2,500 for a 1,100 SQ ft 2BR 2BA with amenities. If someone who makes solid money but job hops regions every few yrs would rather rent in a luxury complex, I say let the luxury complexes have them.

Good opportunity but most of us cucks think California is expensive. The cheapest 600sq ft condo I could find was over a million. $1.5 million USD is entry-level.

My ex wife is a solo therapist. She worked out of a spa for years, did select house calls for a handful of loyal clients. Only ones who were older, or immobile for medical reasons. What she found was, people prefer solitude in a quiet room, not their own home. House calls were hard to get repeats from outside her select clients. When they occurred, it was more for ease of schedule rather than wanting a house call. She found a small space in an office complex, maybe 1100 sq ft. Set up a front reception area and 2 massage rooms. She alternated between the two rooms when she was booked with back to back clients. Her income nearly tripled when she went on her own. No more space rent and tip share, etc spas charge. Her $75-200 an hour went all to her. Even with her new overhead, she more than doubled her net income.

My advice, make house calls while looking for a space, but get a space as soon as possible.

Should have added they’re 1300-1400 sq ft split levels

Damn, only $154 sq/ft? Check out homes in fl

my gf and I live in separate apartments maybe 4 blocks apart. she wants to move in to a new place together that's the same price of ours combined, but slightly smaller than total sq ft. she basically wants us to drop total about 6-7k to move plus covering extra rent for a month just so she can feel better. i'm having a hard time justifying that.

LA county at the moment. 1mil for 1200 sq ft. House that needs work. Current mortgage rates. They’re finally selling for under asking price.

Thoughts on SQ? ER Thursday

I'm not selling it, just sharing the method that worked for me. I really don't give a damn if someone else does this or not, it's not like I gain anything.

​

>when your business partner dad is apparently a very successful real estate agent which happens to be your exact client demographic

I admit that I forgot to add that part to my post, but I'm too lazy to edit it right now. However, I will explain it here.

You've probably read a lot about the "millionaire mindset" type of posts and stuff like that, and every single one of them says this: "Be where money is flying in the air, some of it is bound to hit you."

What I meant in this post was to go and make deals with premium real estate agencies - you know, the ones that have a $10 million mansion as the cheapest option. You can't sell a premium service to a mediocre company because they can't afford it. The biggest job we had was a $30 million mansion with 3 stories, 4 garages, and 2 pools. It was sitting empty for months, and we even had to hire a pool guy. Anyway, the job took 2 days, we got $5k, and our profit was $2k.

The point is, we don't go clean 50 sq ft apartments for a thousand bucks.

​

>Not to mention the fact that in the US, these kinds of businesses are all over the place.

This would be my bad then, because in my country, there's nothing like that. In fact, my father is the only one who goes and spruces up the houses before selling among all the agents he knows. There's a reason why he's the best in the city.

Also, on the topic of premium real estate agencies, I meant the type of premium agencies that sell houses (not apartments) worth over $10 million. I thought it was obvious enough to see, but for some reason, people started thinking that I charge a thousand dollars to clean a 50 sq ft apartment building.

A business like this (or any kind, really) needs to be - or at least appear - of premium quality and make contracts and deals with other premium agencies and companies. If you're standing in a place where money is flying in the air, some of it is bound to hit you in the face.

With a new payment processor and invoicing system you could get setup with enterprise processing so they can’t hold funds. Do you also use QuickBooks? Are you invoicing directly in Sq? DM me and I can share some ideas. I work with NMI, Biller Genie, and Zuza POS

I just had one of my properties detailed, 2000 SQ ft, for $350.

Lies.

I’ve woken up in an ice-filled bath tub in Moldova missing a kidney and three toes and felt I got a better deal than living in Vancouver.

Would you like this 2x2 closet?

Ahhhh I guess. How much?

$1000/sq ft.

What?!!!

Yes, $1500/sq ft.

Did you just say….?

Yes, you heard me. $7,000/sq ft. But look, mountains and shit.

10% down ($63,000 down payment, paid cash for, liquidated my stocks)

$635,000 house price (30 year mortgage)

5.8% interest, had sellers pay for the buy down.

Closing costs $22,000 had sellers pay for

House is dual living, 3,300 sq ft.

Closed 3 months ago.

House got appraised for $720,000 during closing. I’m very confident this house will appraise for $1,000,000+ within 5-7 years.

Beautiful view.

We are living in the house with a family Of 5, but plan to house hack when my 13 yo leaves for college. She’s currently living in her own apartment area.

We currently renovated a laundry room into another bedroom, so we added a bedroom to the property.

Our first house we turned into a rental, we decided not to sell it. As it’s 3% interest. We are “accidental landlords” as they say.

Currently saving enough money for another down payment and looking to buy a 3rd house, which will be a full blown rental. SFH, that’s the gameplan.

This.

I have about $100k and wanted to buy land and build a house and was totally set on finding a contractor to frame it and get some of the major stuff in but do all the interior work, wiring, plumbing, etc and try to shave tens of thousands off it from saving labor and any contractor markups... and then I remembered no one in their right mind is going to loan me $200k or something when all they know they'll get is a shell of a house with no finishes etc...

I wish I could because it's depressing seeing a 2000 sq ft home run $400k WITHOUT land... I just wish I could get someone to pour a slab foundation, frame it, and get a roof on and then I take on the rest. I figure it would still be a significant amount to the builder, but it's not going to cost $300k for those three things... Maybe $20k for the slab, $40k for the frame, and $25k or something for the roof. Then let me go from there. $100k on interior stuff $85k on framing and slab, and $100k on land and loads of hours might get the same as a $500k house... but at $285k to $315k or something.

I own an insurance agency. Typically nothing to worry about unless it's something major like the address, sq footage way off, pool/no pool etc.

Typically what most systems do is they will auto populate the construction type and sq footage and then use a replacement cost estimator to estimate the dwelling value. You can go in and edit it room by room but it's typically not necessary unless your dealing with very high end homes where the value can be off by a few hundred k.

If you are worried about you can just let the agent know prior to buying any major discrepancies.

Shoot, after my spouse and I got through the first couple of years living in <300 sq ft together and they were unemployed, I'm not at all worried about being with them most of every day. It really sounds like you need to get some interests and hobbies. We have no shortage of hobbies, things to do, books to read, or just veg. We have hobbies that intersect and hobbies that don't. We do a bunch of yard/home projects together and separately. You're not chained to each other all day, you can do things outside the house or in different rooms!

Best of luck finding joy in retirement.

AVERAGE EARNINGS MOVE | LAST MOVE | IMPLIED MOVE FROM ATM OPTIONS PRICING

2023-05-01

$ON | ON Semiconductor: 7.78% | 1.74% | 8.26%

$SYK | Stryker Corp: 3.59% | 10.43% | 5.34%

$GPN | Global Payments Inc: 6.14% | 6.45% | 7.38%

$MGM | MGM Resorts International: 6.23% | 10.99% | 6.38%

$NXPI | NXP Semiconductors NV: 5.57% | 10.28% | 6.26%

2023-05-02

$PFE | Pfizer Inc: 3.37% | 2.03% | 3.98%

$MAR | Marriott International Inc: 3.91% | 3.73% | 4.87%

$BP | : 4.24% | 10.65% | 3.67%

$PGR | Progressive Corporation: 3.42% | 9.27% | 4.4%

$ECL | Ecolab Inc: 3.81% | 10.12% | 5.85%

$SBUX | Starbucks Corporation: 4.72% | 2.51% | 5.09%

$ETN | Eaton Corp New: 4.63% | 3.39% | 7.15%

$AMD | Advanced Micro Devices Inc: 11.04% | 13.67% | 7.72%

$F | Ford Motor Company: 5.7% | 6.78% | 6.56%

$UBER | Uber Technologies Inc: 8.09% | 3.33% | 9.97%

2023-05-03

$CVS | CVS Health Corporation: 4.64% | 4.18% | 4.9%

$EL | Estee Lauder Companies Inc: 5.7% | 4.59% | 7.29%

$EMR | Emerson Electric Co: 3.44% | 7.21% | 2.52%

$PSA | Public Storage: 3.14% | 3.23% | 4.79%

$QCOM | QUALCOMM Inc: 6.25% | 3.67% | 6.55%

2023-05-04

$MRNA | Moderna Inc: 11.63% | 8.46% | 7.67%

$BDX | Becton Dickinson and Company: 3.93% | 5.3% | 4.34%

$COP | ConocoPhillips: 4.29% | 4.72% | 4.34%

$SQ | Square Inc: 10.19% | 2.5% | 9.71%

$BKNG | Booking Holdings Inc: 5.89% | 4.48% | 5.36%

$AAPL | Apple Inc: 4.77% | 6.98% | 4.13%

$TEAM | Atlassian Corporation PLC: 11.47% | 7.29% | 10.18%

2023-05-05

$D | Dominion Energy Inc: 2.68% | 4.13% | 4.97%

$CI | Cigna Corporation: 4.58% | 2.7% | 6.51%

$ENB | Enbridge Inc: 3.04% | 3.7% | 4.17%

AVERAGE EARNINGS MOVE | LAST MOVE | IMPLIED MOVE FROM ATM OPTIONS PRICING

2023-05-01

$ON | ON Semiconductor: 7.78% | 1.74% | 8.26%

$SYK | Stryker Corp: 3.59% | 10.43% | 5.34%

$GPN | Global Payments Inc: 6.14% | 6.45% | 7.38%

$MGM | MGM Resorts International: 6.23% | 10.99% | 6.38%

$NXPI | NXP Semiconductors NV: 5.57% | 10.28% | 6.26%

2023-05-02

$PFE | Pfizer Inc: 3.37% | 2.03% | 3.98%

$MAR | Marriott International Inc: 3.91% | 3.73% | 4.87%

$BP | : 4.24% | 10.65% | 3.67%

$PGR | Progressive Corporation: 3.42% | 9.27% | 4.4%

$ECL | Ecolab Inc: 3.81% | 10.12% | 5.85%

$SBUX | Starbucks Corporation: 4.72% | 2.51% | 5.09%

$ETN | Eaton Corp New: 4.63% | 3.39% | 7.15%

$AMD | Advanced Micro Devices Inc: 11.04% | 13.67% | 7.72%

$F | Ford Motor Company: 5.7% | 6.78% | 6.56%

$UBER | Uber Technologies Inc: 8.09% | 3.33% | 9.97%

2023-05-03

$CVS | CVS Health Corporation: 4.64% | 4.18% | 4.9%

$EL | Estee Lauder Companies Inc: 5.7% | 4.59% | 7.29%

$EMR | Emerson Electric Co: 3.44% | 7.21% | 2.52%

$PSA | Public Storage: 3.14% | 3.23% | 4.79%

$QCOM | QUALCOMM Inc: 6.25% | 3.67% | 6.55%

2023-05-04

$MRNA | Moderna Inc: 11.63% | 8.46% | 7.67%

$BDX | Becton Dickinson and Company: 3.93% | 5.3% | 4.34%

$COP | ConocoPhillips: 4.29% | 4.72% | 4.34%

$SQ | Square Inc: 10.19% | 2.5% | 9.71%

$BKNG | Booking Holdings Inc: 5.89% | 4.48% | 5.36%

$AAPL | Apple Inc: 4.77% | 6.98% | 4.13%

$TEAM | Atlassian Corporation PLC: 11.47% | 7.29% | 10.18%

2023-05-05

$D | Dominion Energy Inc: 2.68% | 4.13% | 4.97%

$CI | Cigna Corporation: 4.58% | 2.7% | 6.51%

$ENB | Enbridge Inc: 3.04% | 3.7% | 4.17%

Which one could go bankrupt, $COIN or $SQ?

My partner and I are located in the suburbs of Boston. (We’re not from Boston but moved here for school and then stayed jobs.) We cannot buy a home in the next 6 months (for a variety of personal reasons) but we would like to take this leap in early 2024. Details and questions below...

--

Goal: To have a (1) nice place to live, (2) in a decent suburb (3) in a home that's ~2000sq feet but has at least a small yard and maybe a decent kitchen, and (4) doesn't require more than $15,000 in maintenance or repairs each year to maintain, while (5) trying to minimize as much as we can the net money that goes to interest and/or closing fees (i.e. not towards principle).

--

Our Finances: We are both very frugal and have lived on about $500 per month (not including rent) for about 12 years (saving over half of our income). No debt. We now have $370,000 in non-retirement cash and investments. Our combined income is $240,000 (but once children enter the picture that might drop to $150,000 if one of us stays home).

--

Our options: We'd really appreciate some input. Our choices seem to be the following:

1. Buy a very old and very small house for all cash for about $350,000 (we could save up another 30k by the time we purchase next year meaning we'd have about 400k in cash). Would that involve a ton of savings when it comes to not having a mortgage and less closing costs (and if so how much do you save buying cash)? We could live there for 3 years and then maybe sell and upgrade later. Rent in our area is easily $3,000.

2. Buy a nice house for $750k suitable for living for 10+ years near decent schools, and take out a mortgage. Would you recommend a 15yr or 30yr mortgage for us? How much should we pay up front (more than 20% given that we have 350k saved) What would be optimal financially speaking?

3. Buy a house for 500k and thus a lot smaller of a mortgage. Similar to that last option but, according to Zillow at least, this really limits our options if we want something really nice. It seems like this is the worst of both worlds (not paying cash so no great deals and for this amount the house would be very nice but perhaps we can afford a bit more). But I don't know much which is why I'm asking you all for advice.

Thanks so much for any input or advice.

And SQ too.

TSLA SQ COIN JACCED TO THA TITS

What’s our feeling on SQ? Seems like foundationals are good under the rubble? I feel like it might go down into the 50s before building a base

sHoRt SqUeEzE? 🥴🔫

Sure news coming from Fisker has been very positive! But a SQ will not happen due to the fact that most of the shares are in the hands of institutional investors.. they will easily take profit if the SP skyrockets no?

ARKK, ARKG, SQ .. lost at more than 65% in average

They just don’t do as well as $SQ because they don’t enable as much crime. No one seems to care what $SQ allows to happen under their watch and for that reason will remain more popular and profitable.

like OP, I also (ab)use {$SQ)} point-of-sale prOducts to purchase illegal drugs, so my investment outlook is BULLISH

SQ is dropping to 33 before Xmas

2 bedrooms, 1,000 Sq feet

Now do rent with the sq ft you have.

Yeah it is way past that. Just hesitant going from 800 to 1500 a month. My place at the moment is about 300sq feet will go to a place of 700sq.

Agreed about the questionable acquisitions from SQ. I think V, AXP, and MA are ripe for a bull run over the next year or so. Gonna be a lot of folks using credit moving forward I think.

That sounds like a good plan. V and MA always being recommended. Yeah competition in payment space for SQ plus why the hell did they buy Tidal? And who knows how their AfterPay is doing. Seems like risky mgmt/focus with SQ

Bringing home 9K a month I’m assuming you have a dual income of about $200K.

$650K home would be a HELLA GOOD price in Southern California. Esp if its in a good location and ample space; 3BR, 1600+ sq ft. Etc.

If you didn’t have that high a debt commitment (loans, etc) I would totally think a $650K home is within your range. Esp if your salaries are expected to increase over the years.

I purchased a 410,000 home in 2018 on a 100K salary. Low to no debt. My house costs (including HOA and utilities) ate up a good 50% of my take home pay. My salary has increased since then and I was able to refinance last year and my housing costs are more comfortable. My property value has increased by almost 50%. I don’t regret buying.

10 mil into stocks, the rest would be cash payment for land, necessities to tend it and a decent 2500 sq ft house.

This is how I’m thinking of it, too. The interest (plus taxes/insurance/PMI) is equivalent to rent (and, yes, it would be for a 3 bed,3.5bath, 2300sq foot town home in this top notch school district) and the equity is just forced monthly savings (akin to how 403b contributions happen whether I plan them or not).

We have a 1240sq for house and our utilizes rarely exceed $200 plus $70/mo for fiber internet. Family of four but the kids are little. I feel like $350 is high but maybe if the house hasn’t been updated recently?

> I’m just tryna learn what best for me

The issue is that your post doesn't take any action towards that; it just shows that you invested $10 across two funds at Vanguard.

What is someone who sees your post supposed to do/think? Is this giving them useful information? Are you asking them for any advice?

Posts that just show someone's investment progress aren't substantive. It's great that you've gotten started but this isn't something that actually needs to be announced to hundreds of thousands of people.

Feel free to post in the future if you have questions / need specific feedback. E.g. Here's someone your age making a substantive post in which they explain their investing background and ask for advice on specific things.

What do you think of SQ now at 60?

My dad died a year ago. I’m sorry for your loss. He was an accountant and we lived in an apartment. 3 car payments (moms dads and mine), credit card around 20k due to med bills and such. He told us that when we got the life insurance money, pay off the credit cards, pay off the cars, get rid of debt and find a house. We just closed on a mobile home end of Feb. we bought it outright and our rent is literally 1/2 of what it was in the apartment- with 2 extra rooms and over 600+ sq Ft bigger. I def say pay off the house and invest the money. Talk to a financial adviser. You’re paying more in interest just paying the mortgage than you would paying off the house.

Can SQ ever go up? I'm so tired sitting on 14k loss

If you just buy puts on SQ or FSLY when they open green you can make money every time i swear

Sounds like you don't really have $5k to spare, but if you did then it's a good deal just for the land value. Personally, I wouldn't renovate a 1200 sq. ft. home on a 1/2 acre lot. It's too small. Hang on to the land until you have the ability to knock that house down and build a larger one.

I’ve had good and bad falling knife situations. Best two were AMC and ENPH. Bought hundreds of AMC between $5 and $12, then sold it all in chunks as it rocketed past $20 - final batch sold at $68 - all in a matter of months.

Similar with ENPH - bought a good amount between $120 and $150, sold most over $300 but last batch sold on the down trend around $250 - over about a year run there. I’m actually slowly getting back in ENPH now that it’s dropped so significantly.

Worst cases were all pot stocks mostly. And SQ but luckily I came to my senses and bailed early before it dropped below $120. I had also had a huge position in BABA that I sold entirely once the Chinese government started beating up on them. I’d held them for a few years and had a good run, but I wasn’t gonna try to catch that knife.

All of those situations actually taught me a lot about my own risk tolerance, so I don’t regret them necessarily.

At some point early in 2022 I realized I needed to entirely re-balance my portfolio because I had way too much exposure to volatile stocks as well as growth stocks that I was certain were going to get hit hard with rising interest rates. I wish I had rebalanced earlier, but I’m glad I did when I did because I have a much more stable portfolio at this point. Like most folks, I had a really good run from 2020 to the midpoint of 2022, and then promptly got punched in the face.

It’s primed for a SqUeEzE!

I promise you that’s not true. If my house is built in 2023 for instance and old grandmas house was built in 1975 and has the same sq. Footage bedrooms, bathrooms etc. Its still not a comp because of the age difference. I literally just went through this

I am doing my first 1031. My house is in a trust that I do not control or participate in. So it is a rental property to me and I relocated for work. My home state is also a hi cost area. I bought my 2200 sq ft house for 185k and it is selling for 550k. My new state is a very low cost housing state. And 560k is ALOT of house here. It is a little frustrating as I don’t want over 1700 sq feet. I am using a lic 1031 broker but as an accountant I find it very interesting finance riddle
And she did let me know I could buy 27 different properties if I wanted

Random question for anyone here, but looking at facts on my city vs the US…..

How/why did the US grow in land area by 2000 sq miles between 2010 and 2020? What did we add in territory?

lunch time

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A little late but it’s not just sq.ft. When selecting comps the properties have to be similar. Let’s say you have a 4bed, 3bath with a 2 car garage home and you find a similarly priced per sq.ft home but it’s 2bed, 2bath with 1 car garage, it will get rejected instantly.

When I was living out west during the 2008 market crash I got a sweet deal on my house. Thankfully the assessor used the 2007 value of my house. They also appraised it at 10k higher than the most expensive house in the neighborhood. Like bruh, what? My house is also 700 sq feet smaller than the other houses, has 1 less bathroom, 1 less bedroom, and shit, I had formica counters (not granite or anything).

So, even when the real estate market sucks, they find a way to screw you.

There is a running joke where I live that you end up before the appraisal board, made up of residents of your county... who all live in the same Trailer park.

Basically the county is, we shall say, economically advantaged on one bleeding edge, and the rest of it is rural bumkin-land. Guess who amazingly always seems to be called to sit on the appraisal board. If you guessed some guy with a $15k shack 50 miles from civilization... ding ding ding. Guess who also doesn't give a crap that the county just jacked up the appraised value on whole subdivisions by over $100k each because... reasons(?!).

You can fight it. The county is assuming you will and actually has a secondary number they are willing to drop to relatively easily, usually automatically. They have several tiers they might drop down depending on how hard you fight them, and how much you know how their system works. If you can get a couple rungs down their tiered system, you are doing good.

Your game plan for protesting...

Comps in your area. Recent sales. Focus on price per sq ft. My favorite -- identical houses... lots of builders put up your house several times in your neighborhood. Its amazing how the county values them differently. Almost as if the numbers are made up... huh. Also... problems with your house. List them all.. need a new roof... 20k deduction. Get an estimate and include it. (who cares if it needs it or not) New driveway? Need new carpet? Whatever is wrong. Get an estimate and include it in your protest. Explain how you live in the biggest shithole on the block; at least that is how you are trying to make it seem.

I've posted in much more detail about this whole thing last year... There's a lot already on reddit about protesting these things. Search around a bit.

I have had positions go against me because the underlying lost 20+%. I’ve had companies with predictable cashflow like Square (SQ) tank because of short reports and the margin requirement to maintain the position skyrockets (destroying my ROC %). They aren’t losers, I’m not over-leveraged and roll out and down as much as I can to reduce risk. If you invest in unstable assets like FRC (has huge premiums but is extremely volatile) you’ll have a bad time. Apart from that stay true to your game plan and don’t panic-close positions, keep some spare cash (I do 80:20 which is stretching it but having 70-75% of your portfolio invested gives you the chance to sleep at night and a decent return)

It was so much more affordable even in 2014 when I bought my first house. I moved to my current area (low/mid COL back then, but feels more like mid/high now). I made just over $100k in 2014 and bought my house (5 bed 3 bath, 2800 sq ft) for $269k. That same style of house peaked at almost $700k last year and is still going for over $600k. We lucked out buying then and we lucked out selling that house at a good time to get into our current place before prices went crazy, but I legitimately do not know how the people behind us are supposed to buy.

This is our strategy and we haven’t any big issues. Granted, it’s a big house (3500 sq ft). We converted a garage to a dadu and rent to 8 people. We have a cleaner and cover the cost of cleaner and shared supplies / utilities with an additional $100 in rent from each tenant to remove things that people fight about

Yeah pretty accurate. 700 sq ft gives us room for a cat and working from home isn't completely claustrophobic.

> Their houses were twice as small

this is a goofy stat that always gets thrown around - like first of all, the cost of a house is mostly land, and after that it's kitchens and bathrooms. if you add like three more living rooms onto a house, the cost per square foot is super low because it's just a dumb wood box. granted, it's normal to have two bathrooms now, whereas in the 40s people got by on one. but this leaves you with: the reason houses cost 8 years of two salaries now is because of that second bathroom. if this were true, low-end 900 sq ft houses with one bathroom would cost 1940s prices adjusted for inflation - the data do not support this.

Not necessarily. Sometimes there aren't 400 sq ft apartments available. I live in San Diego, I feel like the majority of the housing is at least 800 sq ft, with an average probably around 1500?

I have an ex that had an apartment studio that might have been ~400 feet. It was the cheapest thing she could find and it wasn't that bad. It was cheaply done, but recent, it had vaulted ceilings, big kitchen space, closet, modern appliances, wash/drier, AC/heat. I'm sure there's some scary places out there, but, there's limits sometimes, you know?

Depends on where you live. We live in 1 of the most expensive counties in the country. A home of 1822 sq ft costs about $850,000 to buy. So food costs here are high. If you go buy all Organic, your food costs is almost double around here. So basically, without you saying where you live, its impossible to judge really, but our family of 4 spends $350-$400, and that includes tp, pt, soap, etc...things you. Dont eat. Not alcohol...

ugh, dude, I can already tell from 30 seconds of googling that you were under the impression that shorting FRB was a free money machine (or something to that effect)

FYI - banks have been getting dicked during Q1 earnings season

Plus, virtually nobody from the tech sector has held their earnings call yet.....you're not just getting your earnings news from reddit / twitter / discord by any chance, are you.....

• You've got MSFT, TI, JNPR reporting right now as I type out this post

• Tomorrow: PEGA, SLAB, NOW, NTGR, PTC

• Thursday: INTC, NNET,

• Next Monday: ZI, RMBS, NXPI

• Next Tuesday: AMD, PAYC, SPT, UBER

• Next Wednesday: AVT, OLED, CFLT, QCOM

• Next Thursday: BMBL, SQ, DBX, FTNT, SHOP, MSI, QLYS, LYFT

Imagine putting up flyers for lost stuffed owl.....

Whenever people say things like this, I find that I imagine they live in a 400 sq ft apartment. Is that an accurate representation of the housing situation?

That house is pending. Probably falling apart (due to lack of pictures) and less than 600 sq ft.

Some flipper or development company probably bought it for the land and will bulldoze the house.

But yupp you sure got me there. One house in Ventura for under $350k….

1600 sq ft is plenty for 2 adults and a toddler. Buy a bigger house when you actually need it, or if you find a screaming good deal on one.

Given the state of the housing market right now, it's really difficult to find screaming good deals, so there's no point upsizing now.

Where do you find such a condo? How many beds and what is the sq ft?

When I do a search on Redfin for apartments right now, I see lots of 1 BR, 1,000+ sq ft. apartments going for less than $2k per month in nice, safe neighborhoods including Lakeview, Roscoe Village, Lincoln Square, Ukrainian Village, and West Town.

My search isn't going so far as whether or not the kitchen is sufficiently updated, and I'm not sure that it should be a requirement for OP if she's trying to keep her costs down.

I always just add $500 for all utilities and wifi because when I lived at home in my parents 4x1 house (12 sq feet) I’d help my mom pay them all for 3 years.

I now own a 2x1 900 sq feet condo and all utilities and wifi run me $240.

My assumption being of i buy a house with 4 bedroom that the $240 would double to $480

1200 sq ft. is not too small, you probably have a bunch of junk. If the house is that affordable then you can just renovate it OR build on exterior office space or something if you really need an extra room.

But my best advice would just be get some storage space or get rid of some crap and enjoy your home. Nobody in major cities has that much space anymore, you just need to get more creative.

Best: APPL Worsts: CGC, TLRY, BYND, COIN, SQ

Yes, 1,000 sq. ft can be massive. I lived in 550 sq. feet for a while with my husband, and it was an older apartment that was not well laid out as well. It wasn't great long term but man -- 1,200 sq feet? We'd have been golden.

I understand if a couple is looking to have kids down the road, but honestly until they're BOTH over like age 4 or 5 AND they're opposite sex kids, a 2 bedroom is more than enough.

I feel like a lot of people want to move when they could be perfectly happy just doing some downsizing, buying a couple pieces of furniture that do double duty, and getting some tall shelves to maximize vertical space.

I have relatives with a 1,000 sq ft house in France and it feels spacious enough for a family. We're just used to having tons of room and crap here.

Our house was 980 sq ft before we had a kid and put on an addition. It's where the garage used to be and brought the house up to about 1600. From the outside I've seen people comment on how nice a garage reno we did, which is exactly what they were supposed to think. It was actually a 100% removal and reconstruction, but I liked the character of our house so an addition the size/shape of the old garage kept the proportions correct.

You've heard of "golden shackles" in terms of rich business executives with huge piles of stock options. You have your own little pair, shackling you to that house.

Look up areas where you would want to live and research the property taxes.

You can either sell the home and move to a different state, brand new 3500 sq ft homes in some states cost 300k flat, that would leave you with 500k to invest or do whatever with.

Or keep the home and just deal with the property taxes.

Buying is cheaper per sq ft than renting in almost all situations. It also sets you up to have a step up basis. Meaning you’ll most likely make about 30-60k+ off your home over 3-10 years depending on market factors where you live. You use that to buy your next home and so on and so forth.

I’d you’re renting you are helping the actual owner of the property do that or amass wealth and depreciate their asset. If you own the home you can also do this in most cases. Again you’re setting yourself up to gain wealth as real estate is an appreciating asset.

Just buy if you can even id it’s a tad more expensive. Remember the value of your home goes up but you only pay off the original mortgage. Plus once you have it, it’s yours; meaning making payments, not payed off. You can do pretty much whatever with a home/ property that you own, including adding more value.

Also, you could spend $2000 right now on a murphy bed setup and get the equivalent of like half a room back to use. Or declutter. 1200 sq. feet is actually a lot unless you have certain kinds of hobbies. You just have to be cognizant of how you're using the space.

My starting cleaning job was to move 40 sq.y out of a property that was abandoned and owned by a mortgage company. Was going to get paid $2000 for inside trash and $150 for the outside trash which consisted of a BBQ and a tire. But the former owner when served papers showed up and cleaned out most of the property. The sheriff said since he had the access to the keys let them clean it out. Right now it is locked with temporary locks till new locks come in keyed to new key since they kept the keys to the locks and padlocks. Then I change the locks and padlocks to the new code and clean out what's left.

It’s primed for a ShOrT SqUeEzE!!

I couldn’t imagine you could pay the rent, usually these rooms would need good lighting and a lot of sq ft space no? For this type of room at least in Canada I could see it being $20-$30 an hour but rent would be $5000-$6000 a month

When 1200 sq ft is too small you need to reevaluate your needs vs wants. Americans a generation or two ago were raising large families in smaller homes than that.

Just rent the house and buy something else if you need to get out.

Can you add on to your house? We took a 1200sq fit house and made it 3100sq ft. Doing much of the work ourselves we spent about $80k and it was so worth it. The costs of course will be higher now with inflation but even a small addition/renovation might be just what you need.

Quickbooks is owned by INTU. Why would they sell to SQ?