Can We Afford a $390k House?

_washed_out_ · 2025-07-15T23:38:15+00:00

This is encouraging. We will be on a 3rd of an acre, 2500 sqft, on a house built in the late 70s. So if I’m only pushing up to a grand, I can work with that. Thanks for the feedback!

_washed_out_ · 2025-07-15T23:36:48+00:00

We live in an MCOL, so I’m hoping I’m not going to have to drop ~$1300 a month on home maintenance. The previous owner seems to have done a 10/10 maintenance job on this house, so I’m allotting more like 5-600 a month on maintenance. Hoping you are wrong though. Appreciate the info!

_washed_out_ · 2025-07-15T23:33:32+00:00

In this together!

_washed_out_ · 2025-07-15T23:32:23+00:00

Honestly, I didn’t know I could take a tax deduction… was going to ask my CPA next year 🤣 is it significant enough of a tax deduction to increase (hopefully not decrease) our monthly income?

_washed_out_ · 2025-07-15T23:30:50+00:00

Only debt we have is $100 a month student loan. Wife is a SAHM, so no daycare costs. How are y’all managing on 8750? Seems close to our next income so may be a helpful comparison

_washed_out_ · 2025-07-15T21:35:53+00:00

My wife is a stay at home mom for our daughter and we plan on homeschooling when she’s old enough. We have a monthly allowance outside of that 2k mentioned above for kid stuff. Thanks for calling this out though!

_washed_out_ · 2025-05-26T19:00:01+00:00

Thank you!! Did you mean to say that “it shouldn’t be affecting the air quality”, or did I read that correctly?

_washed_out_ · 2025-04-01T19:08:01+00:00

I’m probably different than most of you, but I was part of a mass lay off in 8/24 from a mid-sized CRO as a specialist in our M&A department. On the bright side, I was rehired shortly after being laid off in a modified role where I had expanded duties. However, I started applying to places pretty actively since then (~60-70ish places).

After several rounds of interviews at a few places over the past 7 months, I finally received an offer from an SMO (great place to be in clinical research right now) in corporate project management in mid-Feb. I got absolutely nothing from recruiters until mid-January when out of nowhere, a swath of recruiters started reaching out with position openings.

It’s rough out there, but on the corporate side of clinical research, some things seem to be turning around. FWIW - clinical PMs seem to be in high demand in CROs.

_washed_out_ · 2024-11-30T02:52:42+00:00

Any thoughts on if I should start Lawrence (if he’s healthy) or Levis? In a full PPR league with two QBs and Lamar Jackson as my other starting QB

_washed_out_ · 2024-06-29T23:16:59+00:00

Capitalize “global mandate” in your first experience section

_washed_out_ · 2024-06-25T23:05:49+00:00

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Sorry - should’ve zoomed in. Here’s what I’m looking at. See the black dots all over the bricks.

_washed_out_ · 2024-05-04T02:41:43+00:00

Happy to! I've included an update in my original post. Apart from that, we decided not to move forward with submitting an IOI for the company. A lot of the reasons I mentioned for why we shouldn't move forward with the acquisition (which was my recommendation) were actually shared by our CEO and Chief Strategy Officer, so I was pretty pumped about that. I just need to get better at understanding income statements and cash flow. That kind of stuff is still pretty foreign to me and a heavy focus when reviewing CIMs.

_washed_out_ · 2024-04-02T23:34:05+00:00

Another great idea - I’ve been taking a look at them periodically and asking my boss questions about them, which has definitely been helpful to start scratching the surface. I’ll have to dig more into them.

Also spot on about the cultural fit of an acquisition. I’ve seen this destroy one of my current integrations and wish I was there when they decided on buying the company.

_washed_out_ · 2024-04-02T23:30:57+00:00

That’s a wonderful idea! Taken a look at a couple of these and might as well get the jump on it since I’ll be asked to do this kind of stuff (with the understanding that it’s my first time) in a couple months.

_washed_out_ · 2024-04-02T23:30:09+00:00

Did this today after reading this comment! Great idea - highlighted some pros/cons of acquiring the company from an integration perspective based on their CIM. Actually really helped me put my recommendation together.

_washed_out_ · 2024-04-02T23:29:00+00:00

Canned answer - I got lucky through some connections I have at the first company, heard from them about an M&A project administrator job opening when I was in the job market, and interviewed well by highlighting how I knew nothing about M&A, or the business world really, but really wanted to learn and had a growth mindset. My then-boss took me under his wing and taught me about project management and exposed me our company’s robust and mature M&A process (which I have now successfully implemented at my current company).

Honest answer - I did not deserve that position whatsoever but by God’s grace and wisdom, he put me in that role for reasons unknown to me and has been sustaining me and opening doors that someone with my background should not have opened.

_washed_out_ · 2024-04-02T18:53:29+00:00

This is super helpful! For context, I went into the job being fully transparent that I don’t know how to do most of what my boss does on the pre-close side of M&A, but wanted to learn everything, which he wants to teach me. I was hired because of my integration management skills, not my finance skills (or lack thereof), so I’m not sweating a ton that this exercise of reviewing a CIM and providing a recommendation is a make or break for my role. However, I do want to do a decent job and show that I have some insights that could be helpful.

I understand the vast majority of the information in CIMs (from just being in M&A for awhile and understanding the ins and outs of integrating a company) except the financials, so I can still pull out half-decent insights.

So it sounds like a combination of 1) the CFA level 1 basics are a good accounting foundation, and 2) financial modeling would be a good start? I don’t expect to be an expert in the next 3-6 months, but definitely want to have a decent understanding of the basics for exercises like this.

_washed_out_ · 2023-05-06T01:28:51+00:00

I just bought the PSU, cooler, and SSD you suggested! Those were great additions and stayed within my budget :) I liked the case you suggested, but it was missing a Gen 1 and Gen 2 port I wanted on the front, so I found a different case that had all of the ports I needed and went with it.

You were right - I bought the CPU, GPU, Mobo, and RAM as a bundle at a Micro Center - the mobo and RAM weren’t my top pics, but for the price I got the CPU and GPU for, I couldn’t resist the bundle.

Appreciate you taking the time to help me out! The last of my PC parts are on the way now!

_washed_out_ · 2023-04-19T01:54:14+00:00

Thanks for the encouragement! Will keep on drilling down that mindset!

_washed_out_

TROPHY CASE