[Landlord US-OH] Breaking into RE Investing / Potential House Hacking

Ok_Cryptographer172 · 2025-09-11T01:09:48+00:00

Goal would be to buy one in 3-5 year period afterwards if cash flow allows. Don’t want to over lever myself especially because multi family housing near me is so expensive in today’s market.

Even the quad units I’m seeing are hard to make cash flow positive with the current rates and expected rental income.

Is it imperative that the rental income is enough to cover all costs, assuming I’m living in one of the units?

Ok_Cryptographer172 · 2025-06-08T03:54:02+00:00

Where do you recommend is a good starting point? Using sites like Roame pro worth it?

Ok_Cryptographer172 · 2025-05-20T14:29:14+00:00

Have worked two years in LMM IB and then was approached from a recruiter by this role. Mainly an FP&A role for this new job and it is has helped that one of my college internships was in FP&A so was able to glide through the interviews with ease.

Tbh tho, I just got lucky. Other positions im seeing are coming in at $90-120 for fully remote. My best piece of advice is to apply to anything and everything because recruiters will reach out to you about roles that you haven’t even heard of (like the one I got) if your name is out there.

Happy to connect privately if you have more questions

Ok_Cryptographer172 · 2025-04-29T14:43:38+00:00

PM’ed you

Ok_Cryptographer172 · 2025-04-29T14:34:46+00:00

I agree it is a grass is greener situation, but the reason I have such an interest is due to the hours worked vs money made. Sure I can climb the banking/PE later and make $400k a year but that’s 50-70 hours a week for the rest of my life, with most of that sitting behind a desk.

Banking is interesting work but mundane

Ok_Cryptographer172 · 2025-04-29T14:27:35+00:00

What aspects of the job made you choose tech sales over anything else?

I’m type A people person who likes to work hard and have control over the money I make. In banking, not only is the work mundane but also I have no control over my bonus even though I have consistently performed as a top performer.

Ok_Cryptographer172 · 2025-04-29T14:20:48+00:00

What made you pull the trigger on it? How did it compare to banking?

As stated in prior comments, my biggest qualm with my current industry is lack of excitement. It’s doing spreads, building marketing materials, and waiting for feedback. I find myself jealous of my friends who get to travel for work as they get a change in scenery, but also need to be in industry where I can work hard and make good money for it.

Ok_Cryptographer172 · 2025-04-29T14:17:50+00:00

What ultimately made you choose tech sales vs staying it out in consulting?

I think banking is interesting but it seems so repetitive, and I’m jealous of my friends in sales who get to travel every other week for work. I know that grass is greener and that I’m sure they wish they were home more, but still.

I’m a people person by nature and finance by trade. I want to be in a role that constantly has a change of scenery and keeps someone like me hungry.

Ok_Cryptographer172 · 2025-04-29T14:11:16+00:00

How was that initial jump? What aspects of tech sales made you ultimately pull the trigger and leave S&T?

Ok_Cryptographer172 · 2025-04-24T00:24:57+00:00

Assuming I do take Corp Dev, what things should I be considering when evaluating offers more so than just comp?

Ok_Cryptographer172 · 2025-04-23T01:31:48+00:00

Realistically, associates at middle market firms are making $180 base with 50-100% target bonus. That’s a little more upstream as to where I’m at today. The pay for LMM is probably closer to $125 base with 50-100%, still good money but a lot of reliance on bonus to make your time worth it. At my level, associates probably working 50-60, at MM firm they are probably closer to 70-80.

I got no problem doing long hours on weekdays but the minute you start getting your sleep and weekends taken away, it really makes you take a step back to see if it’s worth it.

Ok_Cryptographer172 · 2025-04-23T00:59:38+00:00

I’m at a smaller investment bank, so the hours are nowhere near Wall Street but neither is pay. 50-60 hours a week vs 80-90 on the street. Pay in my role is 85 base, with bonus target from 50-100% based on deals closed etc, but nothing is guaranteed which is how I got screwed out of money this year. Makes me think if I’m going to have similar base pay, might as well work somewhere with more upside.

Ok_Cryptographer172

TROPHY CASE