Rent vs Co-Op (NY) – to buy or to rent In 2 weeks my treasury direct earnings will be in my checking and I can either reinvest, put into vanguard taxable brokerage (VUG or VUSXX), or keep in VMFXX or VUSXX if I want to buy a Co-Op. Without including closing etc, I’m seeing places to buy around $330-350k. HOA is around 800-1000/month. Using Zillows calculator, and putting $125k down …

To sell or to rent current house I need help making a decision. My wife and I are moving out of Florida and have a house. We have 250k in equity with a 3% interest rate and a whopping 26 more years on our mortgage. In our HYSA (4.5%) we have about 70k. It looks like we have two options: Sell our house. Buy a house in the state we are moving to with 20% down and put another 10…

I can’t afford rent and i don’t know what to do I can’t afford rent and i’ve exhausted all my options. I told my landlord i can’t afford rent and don’t know when i’ll be able to get the money and he gave me until the end of the month. The date is getting closer and i’m panicking. I’ve tried to get a loan but i have bad credit and it’s practically impossible. I don’t have anyone i can ask for …

Is my rent too high? Hey guys! I was accepted into a PhD program. I will have an annual stipend of $33,000 dollars (minus taxes). I’ll be an international student and this is my first time living and managing my finances alone. If I’m being honest I don’t want to have roommates, one of the most appealing reasons to study away from home is living alone. However, I d…

Sell or Rent Out Inherited Condo? My sister and I inherited a condo from our parents who passed away recently. It is in a very nice vacation community out of state that we enjoy and we could probably rent it out at high season and cover the cost of ownership and probably earn enough to cover the cost of paying off the small mortgage after a few years (even after hiring a propert…

I have about $200 in bank account. I have about $900 rent due. I have 659 credit score. I get paid $1500 this Friday 6/14. What is the best thing I can do to pay rent right today. Update: Thank for the feedback, I called Landlord, but they didn’t pick up. I left a message and text to pay Friday and what i can today. Waiting on the response. Worst case I get evicted. I have no family or friend to borrow money. I have a credit card that I can pay additional $100 maybe. I was thinking getting a $700 loan today. pay rent toda…

For my situation is it better to rent or own? I lived in an apartment growing up and also in my adult years. I have no desire to actually own a house. What i do have a desire for is a skyrise on the 50th floor of my city. Small problem, it makes more finantial sense to rent than it does to own. The condo is 390k +$800 a month in condo fees for a 1 bed 1 bath on floor 62. The rental is max …

How much rent can I afford? Hello! I am currently making $100,000/year base, with a 10% bonus (call it $110,000, max 401k contribution, take home is roughly $4,800/month). I am looking at a new apartment that is 2 br, 2.5 bathroom, and is $1,790/month, +$45 water/trash, +Electric (price unknown, electric heat). I am working remotely in tech, and am single/no roommates. My …

Taxes and claiming rent with CRA So my girlfriend of 5 years sends me $1,000 month that goes into a joint account to pay some of our house bills, food etc. She is self employed and I just found out she claims rent off $1,000 on her tax return each of the last 5 years. Question is do I have to claim that on my taxes as income, as the house is in my name? I make over $130k year a…

Leasing office is claiming they have no control of rent and that rent prices are dictated by market data and comes from their corporate offices. Is this true? My rent is raising $200 and it is not worth the experience of living in the area I currently live in. I’ve had my bicycle stolen, the amenities are frequently broken, there’s homeless people that wander into the lobby and generally, there is no night life in this area and its not a great experience but I pay for it because its affordable enough …

How Hertz Turned O.J. Simpson Into the ‘Superstar in Rent‐a‐Car’ The famous ad campaign paid dividends for both the company and its pitchman, who died on Wednesday.

I live in NYC. Rent is $1550 in our 1br (rent stabilized). Is it correct to assume perpetually renting is the right path? My wife and I both live in NYC (32 and 27). We gross $180k. We started renting our apartment in 2018. Rent then was around $1400. It’s a rent stabilized apartment so our rent only goes up 3% a year. It actually hasn’t gone up since 2021, and we currently pay ~$1550 per month. We put around 30% of our earnings into 401k+RothIRA (pure S&P 500). We…

Sell house or rent house? We are moving from a LCOL to a MCOL (except housing there is crazy) roughly 8 hours away in the southeast USA. Help me make sense on whether or not I should sell or rent my house. I am concerned for holding two mortgages and capital gains tax if we rent. Demo/Background Wife and I make around $280k yearly + bonuses (up to $20k) Scenario 1 Curren…

Can I afford to rent? I currently hold 2 jobs 1 full time 40hrs a week at 17hr the other is ~8ths a week at 15.50 an hour. I bring in around 2,900-3,000 a month myself. With my car payment, insurance, phone bill, and cable and other misc payments I’m at around 1100 a month in expenses. I turn 21 in a month and was hoping to have my own place by September. I’ve never …

Camera Rental Advice for trip to Iceland – To rent or not to rent? I will be visiting Iceland in June with my wife and kids. I’m trying to figure out what camera and/or lenses to take or rent even. I take a mix of stills and video of landscapes and shots of the wife and kids. I lean more towards stills. The video I only do as a personal family\home video type vlog for just us. I’m trying to do better with image…

Selling home then rent I have seen a few other posts with same topic, but most were older so thought I’d ask with current market. I’m in the Midwest and have owned my house since 2018. I didn’t have much for down payment, and did an FHA loan because at the time didn’t have great credit. Because of tax increase and home insurance increase, my mortgage has now gone up …

Rent to Own Agreement – Thoughts? I want peoples opinions on my current rent to own agreement. My wife and I currently had a house built on my in-laws property. They added it onto their mortgage because they’re locked in at a very good rate. Essentially we are paying them back ($1,300 a month), and over time building equity in the entire property and not just our little house. A…

Should I rent a car in Cancun? Me and my friend are travelling to Cancun, Mexico inDecember this year for 3 nights and 4 days and staying in an all inclusive hotel. Now, I know this is a small trip and staying in all inclusive , it is not recommended.. but we want to explore places nearby (would love it someone would suggest places to visit 🙂 ) Any help and recommendations w…

Traveling full time. Should we sell or rent our house? My wife (35) and I (40) own our own business and can work remotely from anywhere. We’ve decided to travel for the next year and then settle down sometime after that in a new location TBD. We owe about $65k on a mortgage with 15 years remaining. Payment including escrow is $600. Interest is around 3%. We can sell for $165-185k or we can rent it …

Spending over half my income on rent? Hello! I (23F) am relocating for work to an expensive east coast city. I will be making $72,000 a year. I really want to live alone, and that would put me at about $2000-$2200 in rent most likely. I calculated my monthly take home earnings at $3913 after taxes and 6% 401k contribution. This would mean I’d be spending more than half of my take h…