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A bowl for those currently in and thinking about real estate investing.
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What’s the best month to start a lease for landlord given demand cycle? Specifically townhouse in DC.

can somebody confirm whether this is a total BS - basically i saw that i am able to offset my w2 active income with my passive real estate related losses (eg depreciation on the property that i invest… more

like

What do yall think of the 30/30/3 rule?

30% of gross income on mortgage or less

30% of net worth in real estate or less (for someone with a primary residence and not a RE investor)

look for houses up to … more

likesmart

I am skeptical of cash offers getting a discount. It is the conventional wisdom but nobody I know who's sold said they took or would prefer a lower cash offer vs a higher mortgage offer, even if the differenc… more

Hello. What are the hottest trends in real estate right now - e.g., STR, AB&B, tiny homes, cabins/getaways, multi family, SFH, BRRRR, fix/flips, REITs.

Ha, I know I threw it all out there but I tru… more

Hello. I am sure this has been asked a million times, but what are the best resources to learn about RE for those with few funds?

Looking to get into RE as a side hustle. I have some knowledge but look… more

Any recommendations for a Realtor that specializes in the following areas on New Jersey:

Jersey City
Hoboken
Union City
Weehawken
West New York
any surrounding area that is well connected to NYC

Heard mention of giving a cash offer (with proof you have liquid assets to cover the purchase) and then using a mortgage anyway. Is that a thing? Didn’t make sense to me because cash advantage is quic… more

like

I’m thinking of moving to upstate NY from NYC. Any recommendations for areas with good schools and within 1-2 hours from NYC? Budget probably up to 1M.

Looking for some advice. I put an offer on a condo in a VHCOL area (1-bedroom, 575k). The condo docs show that many of the building systems are reaching end of life, and there will likely need to a sp… more

Property management company rented to someone I DID NOT APPROVE.

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Is there really that much value to being at the end of a culdesac v another location?

Invest 300k, get 350k back in 3 months. Should I do it? Brother in law is a flipper. He just bought an off market home in high demand area of Los Angeles. Like Beverly Hills. Wants to do some light wo… more

Hello, I need opinions about this, I recently got laid off my job duo to downsizing the firm, I kept applying and I got a job its a little bit missy and its new opening with no supervision except the … more

like

Thoughts on buying a 3 bed 3 bath townhome as a starter home to live in for about 5 or so years until inventory for houses increases? Currently have a 2 year old and trying for another in the next 1-2… more

Any tips on filing an insurance claim on an investment property (flip)?

I had several break-ins that resulted in my water heater, A/C, compressors, electrical meter, and tons of material all stolen. P… more

If you had $10,000 in savings and the ability to save a thousand to $1,200 a month would you put it in some sort of investment vehicle or keep it in savings to go towards a down payment on a house?

like

It honestly sucks how investment loans require 25% down. With the cost of houses even if I find a good deal it’s hard to afford it. Even a $250k house requires me to have almost $70k cash including cl… more

like

Its been 10 months bought my first home at 7.5% rate. Couple of landers reached out and tentatively offering 6.5% of course they haven't run credit check yet so might go 6.6-6.7 I guess, but does … more

First time renting my house out. Found a great couple to rent it. Small family actually. How do I be the best landlord ever?

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Advice please: the agent did not disclose before we rented the apartment that it was an active leak unit. Shortly after, theres water leak every time it rains and there’s mold in every bedroom. I have… more

Is it fair to go off Zillow estimate to determine my approx home value ?

like

What are the cons of MLI select in Canada?

I'm considering a part-time career as a real estate agent while keeping my current job from 6pm-2:30pm.

- Any ideas or tips on balancing a part-time real estate career with my current job?
- What is the average annua… more

like

How has the buyer agents comission changed in July?
Any recommendations on the mortgage (lender) companies to get the quotes from assuming some of the less known offer better rates? Is it better to pay… more

5 months ago I started renting out my condo. I rented 1 room to a couple and the other to 2 sisters. The 2 sisters ended up hiding a 3rd person in the room & the couple notified me that there was … more

Planning on selling home in Boston suburbs soon. It needs work, but we are listing it $200k under comps. Should we still put work into it so it looks presentable or is the market still good enough tha… more

Anyone who could help me out with a job referral please? Looking for research/analytics roles in real estate

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Frustrated at getting opportunities in my field as I do not live in NYC or LA and there is a lot of competition and I'm 50+, I know, it even sounds older to me! I am not looking to coast, I am loo… more

like

Is there realtors in the NYC area?

How does Us election and who wins impact the real estate housing prices? Am seeing some price softening in a Bay Area, when curious..

likehelpful

Anyone caught up in the Yotta mess and receive the email today about the data breach? Adding insult to injury.

I have 2 years experience as an marketing analytics consultant. It involves a lot of Microsoft excel, building PowerPoint decks/reports and presenting to client the performance of their marketing (ROI… more

Anyone have an accountant that they can recommend? I have a full time job, rental income, and an LLC; if you can recommend someone who is used to all of these things, I’d appreciate it!

Had put a Zillow listing. A person (old retired lady) saw the property. When she filled the application she had 500s credit score, was negotiating on rent and delayed the application, did not submit i… more

like

Hey all. I’m hoping to crowd source ideas for locations for my next home. I’m somewhat location agnostic (in the US) but would like the following
- 1+ acre of land (maybe up to 5 or 10)
- wooded lot …lots of nature
- locatio… more

like

For those of you who bid your own homeowners, auto, and umbrella insurance directly with insurance companies instead of an independent agency, which are your preferred companies (I’m in Illinois). I’… more

I'm a new landlord, and my current tenant is moving out mid-August. I've listed my property on Zillow for new tenant and am receiving applications. How can I ensure that the new tenant doesn&#… more

like

What’s your realistic/dream house sqft? Lot?

What are people planning with their Austin investment properties? The prices drops have been scary! Is it temporary? I own 7 homes and 4 are underwater currently :(

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