83 Comments
 

Nice - I love luxury buildings. Having a gym nearby just makes so much sense.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
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NonTarget5

Bought a decent townhome in the SE in October 2020. $1,250 mortgage + $175 HOA. Purchase price was about 240k.

Incoming Associate, so 175k base.

Hoping to step up to something real nice in the next 2 years or so.

NYCers are sick rn.

Array
 

2BD 2BA? Sounds like a really LCOL city.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
thebrofessor

same monthly about but 3br 2.5ba single family with no HOA (also in the SE, but not downtown, suburbs 15-20mins from the action, maybe I'm ATL too!)

keeping my income secret as always

and in the same boat, before I turn 40 we'll be in our forever home, market too hot rn so just stashing cash for a better opp

Brofessor you miser you can definitely afford a nicer house than this ha.

Array
 
Most Helpful

Our family doesn't have a lot of stories because he was largely quiet about it, but I'll say what I do know. His unit jumped out of planes into Berlin with German Shepherds and Boxers. According to him, the GS's were "always on", whereas the Boxers could "turn off" and be like a normal dog when shit wasn't hitting the fan. He loved them so much that he bought my grandma one when he came home, and my grandparents, parents, aunts, uncles, cousins, etc have had Boxers ever since. 

While he died in the 70's from lung cancer, it wasn't until 2003 that my great-grandma passed. When she died, my grandma went through their stuff and found pictures of my great-grandpa with some Boxers at the base he was stationed at, blueprints of Hitler's palace, a picture of what we think is him at Dachau, an article of him in the newspaper recalling what he had seen at Dachau, and a picture of Joseph Goebbels. Pretty crazy shit.

 
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Total monthly payment (home insurance + mortgage payment + property tax escrow) = ~$2700 between my wife and myself

3,200 sq ft, 3br /3.5ba, about 15 mins from downtown

Array
 

Rent in HCOL Northeast city is $3,050, split like 60/40 between my SO and I.

I make roughly $260K all-in and she makes about $80K. 

 

gufmo

Rent in HCOL Northeast city is $3,050, split like 60/40 between my SO and I.

I make roughly $260K all-in and she makes about $80K. 

That rent is frightening. No plans to buy? 

~8% of your pre-tax income on rent is nice though - fairly low

Array
 

Yeah he is the HNIC

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

$725 (not a typo) rent for a large 1BR in the Western United States. Live in the best part of my city with low crime and great neighbors. If that rent sounds low it's because I haven't had a rent increase in 10+ years (soft skills matter, boys & girls). 

Income is more than enough to cover my rent comfortably - it starts with a "2" but we're all just 1 chat with HR away from unemployment so I keep my monthly nut low. 

 

London.

Rent is roughly $7000/month before considering council tax and ridiculous utilities. (Converted from pounds sterling)

2 Bedroom (converted extra room to home office), 2 bath … about 1000 sq ft with patio and in a new/luxury building with amenities (gym, etc.). … plus desirable location

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/
 

You pay $18K/mo for a mortgage in ATL?

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Really shit summer, super humid, lots of rain and when there is sunnshine its always on a weekday when I'm at work. Was really hoping to get to the beach more now that covid is easing up but I've only been around 2-3 times this summer. Oh well there's always next year

 

Nice man, sounds like a good setup. Were you a MechE in school? What's your age range if you dont mind me asking? An SO living with you? Just curious as to the demographic of homeowners here on the site as mentally prep myself for owning in a few years hopefully. Not sure if i would buy a house if I were single. 

Go all the way
 

$2400 for 720 sq ft 1 BR in boston on the 30th floor of a lux building (got great covid deal). on 90k base

just signed a $2800 for 500 sq ft studio in NYC on top floor of lux building. im annoyed at the higher payment and significantly less sq footage. on 120k base

Go all the way
 

Getting concession. So for example, some landlords would offer 1-3 months off on a 12 or 24 month lease. Brings the rent down dramatically, sometimes up to $400-500 a month. 

Go all the way
 

Anyone here familiar with Houston? Thinking of maybe moving there and got a datapoint from a friend who is AN1 in IB. Thoughts on paying ~1800 (incl utilities, amenities etc.) in a very high end luxury building for 600-700 sq ft 1 bed in a prime location? Is this going overboard (for houston)

 

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