Anonymous
Post 05/19/2023 22:50     Subject: What is your house worth

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:We are mid 40s
Net worth in the upper 30s
HHI $2.7M (all but $125k) is investment income
House $7.5M (bought for $3M 10 years ago, put in $2M)
3 kids in public school


That’s hard to believe. Two people HHI is $125k and over a quarter million dollars a year from investments?!!


38M per year invested turning a 6-7% profit would get these numbers. And it’s 2.575M from investments.

Obviously sold a business or inherited.


Based on the NW : HHI ratios, I would bet the majority of responders have inherited
Anonymous
Post 05/19/2023 22:44     Subject: Re:What is your house worth

Anonymous wrote:What ages are you? 26 & 60
Net worth? $69M
HHI? $3M
# of kids? 4




$69M hehe good one
Anonymous
Post 05/19/2023 22:29     Subject: Re:What is your house worth

What ages are you? 26 & 60
Net worth? $69M
HHI? $3M
# of kids? 4


Anonymous
Post 05/19/2023 22:24     Subject: What is your house worth

Anonymous wrote:
Anonymous wrote:What ages are you? I'm 37, he's 41
Net worth? 8 figures
HHI? 7 figures
# of kids? 2

We bought for 4.4. Zillow says it's worth 5.9 now, but those things are never accurate.


In DC?


No, different city.
Anonymous
Post 05/19/2023 22:24     Subject: What is your house worth

Anonymous wrote:
Anonymous wrote:We are mid 40s
Net worth in the upper 30s
HHI $2.7M (all but $125k) is investment income
House $7.5M (bought for $3M 10 years ago, put in $2M)
3 kids in public school


That’s hard to believe. Two people HHI is $125k and over a quarter million dollars a year from investments?!!


38M per year invested turning a 6-7% profit would get these numbers. And it’s 2.575M from investments.

Obviously sold a business or inherited.
Anonymous
Post 05/19/2023 22:20     Subject: What is your house worth

Anonymous wrote:We are mid 40s
Net worth in the upper 30s
HHI $2.7M (all but $125k) is investment income
House $7.5M (bought for $3M 10 years ago, put in $2M)
3 kids in public school


That’s hard to believe. Two people HHI is $125k and over a quarter million dollars a year from investments?!!
Anonymous
Post 05/19/2023 22:12     Subject: Re:What is your house worth

OP you are poor according to DCUM but even for the DC metro area you are middle class. If you need to move for school in a couple of years move then. Hold off for now. Who knows what factors will be in play then?
Anonymous
Post 05/19/2023 22:10     Subject: Re:What is your house worth

Why did I read this thread. All numbers are depressing to me and I have a computer science degree not fine arts.
Anonymous
Post 05/19/2023 21:10     Subject: What is your house worth

I don’t understand why you would give up your house and try to buy one that is much more expensive, it makes absolutely no sense to me. Stay in your current house.
Anonymous
Post 05/19/2023 21:07     Subject: Re:What is your house worth

62, 58
NW outside of house: $4+m. Mostly in 401k/IRA
House $1.3 m. Paid off
HHI: $200k. Highest ever.

Planning on moving to a less expensive area and buying a house ~$750-$800k in retirement
Children’s college costs are behind us.

Anonymous
Post 05/19/2023 20:43     Subject: Re:What is your house worth

Early 40s
$3.1 million excluding pensions, which are probably worth ($2 million in perpetuity)
HHI: ~$400K
Primary House: $1.5 million
Three children under 10. All public/private preschool
Anonymous
Post 05/19/2023 20:35     Subject: What is your house worth

54 & 62
$4.8M net worth, future pension worth about $1.7M
HHI $412K
$900K house
Children are early 20’s, one launched, one in college
Anonymous
Post 05/19/2023 20:20     Subject: What is your house worth

Anonymous wrote:50 and 40
net worth 1 million
HHI: 850 last year, around 650 this year
1 kid in private
house was purchased for 650, now appraised at 1.25. We're adding on soon (big lot, amazing location). we'll have a 3mil for around 1.8 investment when done.


Why is your NW so low?
Anonymous
Post 05/19/2023 20:18     Subject: What is your house worth

Anonymous wrote:What ages are you? I'm 37, he's 41
Net worth? 8 figures
HHI? 7 figures
# of kids? 2

We bought for 4.4. Zillow says it's worth 5.9 now, but those things are never accurate.


In DC?
Anonymous
Post 05/19/2023 20:18     Subject: What is your house worth

Both 48
$6-7m
$500-$1m varies
2 in public school