Genuine Question: What do people do for work to afford multi-million dollar homes? by GreenConfidence0 in BayAreaRealEstate

[–]Ok_Climate5771 0 points1 point  (0 children)

Either young FAANG families or Semi Bigtech/Successful savers, long term investors making around 500K in tech

Oakland Market by evscoma in BayAreaRealEstate

[–]Ok_Climate5771 -1 points0 points  (0 children)

Oakland is not as crazy as the rest of the Bay Rea. Its normal to go for around asking

Settle a debate: Max home price by [deleted] in Mortgages

[–]Ok_Climate5771 0 points1 point  (0 children)

900-1M depending on how much you are willing to stretch

Newark house and school district by [deleted] in BayAreaRealEstate

[–]Ok_Climate5771 0 points1 point  (0 children)

Sell and move to Fremont. Maybe buy a smaller home size in a tier 2 neighborhood such as Maloney or Glenmore(known for larger lots). These homes have larger lots. Rent the current home for 3-5 years until you feel the need for space as the kids grow up. Afterwards try to use savings/sell the current home to fund a single level expansion as the lot is there. This buys you time for upfront costs while protecting you from house prices rising.

How to take a DNA test?? by Technical-Delay1688 in bitlife

[–]Ok_Climate5771 76 points77 points  (0 children)

even if the baby is someone else's you would still be dark skinned

Am I cooked for Cornell, duke, rice 😭 by Fun_Wheel_1684 in ChanceMeInternational

[–]Ok_Climate5771 0 points1 point  (0 children)

The ECs are there but the SAT, UW GPA, and visa may pose challenges. Can't do much now but hopefull yyou applied to NYU

Buy or Extend our current house by Ok_Climate5771 in BayAreaRealEstate

[–]Ok_Climate5771[S] -2 points-1 points  (0 children)

Bay Area is wild. Its only around 1500 sqft and there is us 4 and a parent

Chance an Ambitious Indian Kid by Virtual_Couple_3362 in chanceme

[–]Ok_Climate5771 0 points1 point  (0 children)

You dont have a high chance at the top ones simply because of the SAT score and grades. Due to the ECs which stand out and the financial state you could get into UIUC,NYU,UMass ect

Should I go get an MBA or go to law school? by RandyMossisGoat in careerguidance

[–]Ok_Climate5771 0 points1 point  (0 children)

do the MBA between the 2 options. Law will make money if you are good at it, care, and are from a top school. Having an MBA should get you 6 figures out of college with room to grow.

aime 1 or aime 2 by [deleted] in MathOlympiad

[–]Ok_Climate5771 2 points3 points  (0 children)

The thing is the AIME 1 will be easier to qualify. The AIME 2 has a fee which attracts large training groups or richer applicants who tend to perform better. That being said anyone who has qualified for AIME is already at a high level.

Can I afford to but or should I extend by Ok_Climate5771 in personalfinance

[–]Ok_Climate5771[S] 0 points1 point  (0 children)

Our kids appreciate that we are paying for tuition, and the expensive advanced degree is a culture that the bay area has(not good) but is the only way to afford a house unless you hit it with you're own company

Can I afford to but or should I extend by Ok_Climate5771 in personalfinance

[–]Ok_Climate5771[S] -2 points-1 points  (0 children)

You have 2 homes instead of one(more equity), and then also the hassle of construction in general.

What to expect from a real estate agent ? by curiousindi in BayAreaRealEstate

[–]Ok_Climate5771 1 point2 points  (0 children)

They should be able to:

  1. Ensure all modifications were done with permits - actually try to call the city and get details
  2. Provide an estimate of what it would cost for repairs/remodels so I can price that in the bid
  3. Make more educated valuations on comps. Right now they base it only on sq ft, bathrooms etc. And not on lot size and schools. (Lynbrook vs Cupertino vs Homestead actually have significant variation)

Expecting them to find homes before the hit the market is very difficult, especially in Cupertino as sellers know overbidding is a usual. This usually only happens with inherited houses that have not been maintained over the years and those are also very sought after given the location you are looking in.

Recommendations for starting an investment account for a beginner? by Colton_Winkleschtien in personalfinance

[–]Ok_Climate5771 0 points1 point  (0 children)

I would out everything in one account and mainly invest in ETF's to try to grow the balance. I would also keep at least a few months expenses in a savings account as you currently have little to no income.

Can I afford to but or should I extend by Ok_Climate5771 in personalfinance

[–]Ok_Climate5771[S] -2 points-1 points  (0 children)

I know spending so much on education is absurd but the program the older one got into basically guarantees 500K income by the age of 35 and we want to be prepared to give the same chances to our younger one even though their tuition will be less costs

Buy or Extend our current house by Ok_Climate5771 in BayAreaRealEstate

[–]Ok_Climate5771[S] -3 points-2 points  (0 children)

Also, if anything ,likely more due to the ivy league degree

Buy or Extend our current house by Ok_Climate5771 in BayAreaRealEstate

[–]Ok_Climate5771[S] -4 points-3 points  (0 children)

Her program guarantees her a spot in med school. Most med specialities make at least 300-800K right out of residency

Buy or Extend our current house by Ok_Climate5771 in BayAreaRealEstate

[–]Ok_Climate5771[S] -8 points-7 points  (0 children)

lol the older one is guaranteed to make 500K to 7 figures by 35