/biz/ - Business & Finance

>>51266895
Pull the trigger but rent it instead.

The Ultimate “Should I Move Out Guide”:

If you can answer yes to all of the following questions, you can move out:
1. Can you cover 18 months of living expenses if you moved out?
2. Would you have an equally long or shorter commute if you moved out?
3. Are you someone that is capable of getting pussy?
4. Would your potential rental be 30% or less of your take home pay AND have a low potential for you getting shot, mugged, or robbed by niggers?

>>51266895
>less than 15% of monthly income to rent
Jesus, how did you get to 28 without moving out, where do you even live that has both decent jobs and low cost housing lol, was like that around here 5 years ago but prices have damn near doubled

>>51266895

Wait until after mercury squares mars, more than likely war will kick off late October early November which will be a catalyst for something HUGE

>>51266998
Only in texas probably. kek

>>51266993
1) yes
2) considering the apartment I have eyes on, shorter commute.
3) anon, I don't know. But I'm 5'6 and ethnic and get called cute alot. White women who are already in relationships seem to take an interest in me for some odd reason.
4) Yes

>>51266922
I got fp and dubs so now you must buy a home but rent it and keep living with your parents like a total Italian chad.

>>51266998
Unfortunately I think I fell into the lap of complacency. Which I think is the reason why I'm still a virgin. I also switched jobs later than I should have. I could have potentially been making six figures a year sooner. Significant opportunity cost.

As for location. I live in an obscure flyover town with a significant defence and research presence here i.e. recession proof. And in regards to the rent. Anon, before COVID it was actually CHEAPER believe it or not. Rent here DOUBLED over the past few years.

>>51266998
Also anon, after taxes, 401k, and Roth contributions, the rent money would come to around 25-30%, not 15%

>>51267221
What do you do for work? You sound retarded so I'm hoping I might be able to land a $100k / year job as a retard too.

>>51267263
Junior Machine Learning Engineer

>>51267287
Surely you're kidding? This seems too easy, what are your credentials? I'm nearing graduation with a math/cs degree and enjoyed ML, but thought the market was tight.

>>51267311
Im not sure where you got that anon. For most ML positions a master's degree and some software experience is required.

Though maybe for you it could be different, as the demand for ML engineers will continue to grow. Just build a solid GitHub portfolio and apply to different positions and see where you go.

I actually settled for this job because I couldn't crack the FAANG interviews.
I'm dissatisfied with my junior position and will switch to a higher paying position in a year or two.

>>51267389
You have a masters?

>>51266895
Get a mortage for a house?

Are we all just going to skip over the fact that OP says he's 'ethnic'?

>>51267643
Yes

>>51266895
You make 100k a year - you are not a renter, you are a buyer.

Go on Zillow, Craigslist, Facebook marketplace and find a badass house, duplex, or quad.

You are welcome.

>>51266993
>18 months of living expenses

lmao what

>>51266895
I'm in the same position, except I make £30k (kek). I have a relatively insane amount of cash and live in luxury while at home, but I can't sustain a decent lifestyle if I move out and definitely won't be able to save money. Fuck do I do?

>>51267779

>>51266895
Avoid renting at all cost.
Of all people, landlords deserve your money least. You are right, recesion will cause prices to go down next year. Just wait a while longer.

>>51267858
STAY HOME AND SAVE MONEY

The biggest meme taught in America is kicking your children out at 18. Living at home allows the next generation to not get rekt by rent.

Rent = 100% money lost
Mortgage = 4% lost (interest / rate on average)

i have like 130k cash but im unemployed and my parents kicked me out a year ago. 27 years old and just drifting from one small town to the next. I know i can secure a 70-80k labour job literally overnight so i dont stress about finding work but i do have an engineering degree and it would be nice to actually use it one of these days. just kind of feel perpetually bummed out and lonely, every day i get nothing done and tell myself "tomorrow ill start picking up the pieces, its not too late yet".

>>51267894
What if I’m 22 and hate living with my parents

>>51268065
find some common ground with them, save up money and then buy a house and move out

renting is the biggest way to lose money, short and long term

>>51268065
They're the only parents you have. Try to value what little time you get with them unless you want to have regrets when you're older. And if they don't hate you, you should have no problem explaining how saving up money while you're young will put you miles ahead of your peers.
t. retard who fell for the moving out meme and is currently in the process of moving back in

>>51266993
>1. Can you cover 18 months of living expenses if you moved out?
I mean assuming you moved out from your folks but were still on good terms, if shit went south I would figure you'd just go back.

>>51266895
Bump

>>51266895
I moved out and away because I hate my brother but more importantly because I like my space and privacy.

>>51267838
What if I don't intend on staying in this town though? I don't want a house if it's going to be a burden and keep me anchored here.

>>51267858

Nothing else but Focus on improving your cash flow. Upskill yourself somehow in your free time.

>>51268161
Anon, why do you have to be so gay?

>>51268715
I love my family. Simple as.
Until you're in a position to purchase a home/start your own family, there's no reason to move out. I'd much rather contribute to my family's wealth and well-being than to some landlord. You seem like in a good position to purchase a home, so I would say go for it. But I can't say the same for the 22 year old anon.

>>51266895
>I want a place to invite friends and hopefully, get laid.
>> friends
lmao. at 28??
>> get laid
you can't have a gf at your parents place?

>>51266895
>Local luxury apartments go from 1100-1400 per month.
What's it like living in Central Africa

>>51267983
>I know i can secure a 70-80k labour job literally overnight
What kind of job do you mean?
I'm in a somewhat similar position (engineering degree but unemployed) and an easy 70-80k sounds nice about now

Ask anyone who has moved out if they'd move back in again (poorfags coping don't count)

>>51266895
you make 100k a year and you cant wait 1 or two years to buy a smaller house ?

Tf is wrong with you retarded faggots. No wonder the financial IQ on this board is so low.

And yeah, financially speaking, obviously renting would give you maximum freedom but I am just against the idea of owning nothing in general.

>>51269048
well I live with my dad only in a big house for 6 persons and a big garden. no way im going to leave to rent some cuckapartment. if I dont have a gf i'll stay here forever while travelling each winter. for 6 months out of the year im not here anyway lately.

>>51266895
why is having your own place important for burgers to have sex? i just pay for a hotel every now and then and live with my folks

>t. 26yo who loves me parents

>>51269182
id it baffles me too, I just have sex at my dads place. he doesn't mind. he's happy when I bring a chick home.

You’re 28 ffs unless it’s a temporary agreed situation get the fuck out. Was your own father living at home at 28 leeching off his parents? Be a man and become independent

>>51269199
>>51269182
NOOO YOU CAN"T JUST BUILD GENERATIONAL WEALTH BY INVESTING IN YOUR 20'S, YOU HAVE TO GIVE ALL YOUR MONEY TO LANDLORDS AND BANKS!

>>51269228
watch me. digits and opie stays with parents

>>51269217
not everyone that lives at home is a leech you plebtard. I buy and make my own food. I wash my own clothes. I do everything myself. I don't eat together with my dad. I eat when I want. I do what I want when I want and I pay everything myself except RENT. I also garden and grow my own food every summer. now you cuckshed appartment dweller

>>51268627
You can just sell it anon

>>51269279
houses aren't mega liquid like bitcoin is.

>>51269260
Based. I would go one step further and say it's important to also help out your family whenever possible. Depending on your dad's health, I don't know if that's much of an issue. But in most cases, as people's parents get older, they'll be hard pressed to do what they used to be able to do. For example, I take care of yard work/misc repairs since my dad's back is too messed up to do that anymore. Family is so important, and I want to take care of my parents as they get older. I don't know how people sleep at night knowing they've stuck their parents in a retirement home.

>>51269260
The fact you’re not paying rent means you are leeching. At least give your dad a few hundred to cover his mortgage expenses you manchild

>>51269413
>boomer parents
>having a mortgage
what the fuck

Stay at home for as long as you can. Rent is the biggest scam there is. Move out when you have a woman to live with and BUY LAND

>>51267035
>I'm 5'6 and ethnic
So you can't get pussy.

>>51266993
Yes
Yes
No
No

>>51269806
well he got you to reply didn't he

>>51269041
Home improvement sales
Easy asf even for tards, and if you get the right commission deal you can hit 6figs easily.
Sell roofing
Sell siding
Sell windows
Siding job costs about 30k, my commission is 7%, I get 3 appointments a day
No education
26/m/US

>>51266895
>luxury apartments
>1400
What third world country do you live in?