The Real Estate Bowl

Bought 2 family newark nj for 329k (appraised at 400k) in early 2023, now its estimated at 500k, houses on the block going 450k up to 650k. Am I weird for thinking it's insane for the home to app… more

Anyone have experience with tax deed investing in Texas? Or any other state with redemption?

There is a 4 unit multi family for sale near me for 500k. Thinking about buying it in cash and renting out each unit. I have never invested in real estate like this. Anyone else go this route and be s… more

There is a 4 unit multi family for sale near me for 500k. Thinking about buying it in cash and renting out each unit. I have never invested in real estate like this. Anyone else go this route and be s… more

Wife and I make $500k hhi, $300k currently saved for down payment. One kid. Currently renting in ny area. Looking at houses in southern westchester it feels like we can’t afford much of anything in… more

I’m looking to speak with any experienced builders in major metropolitan cities, but particularly California.

I’m conducting some research and willing to pay $100 for a 30 minute conversation.

I’d like to understand the process of archi… more

Would you buy a house that had a large fire? The construction company redid the interior of the home. New roof, new deck, new studs. The exterior brick and foundation are still original. First time ho… more

Does it ever make sense to put down more than 20% on a house?

Just purchased our first home! We are so excited but somewhat clueless. What are some recommended SERVICES we should have done before moving in?

For reference, we are going to schedule: an inspection, tree trimmin… more

Has anyone sold their property without a listing agent? I am looking to sell our condo FSBO and list it on MLS, Zillow, etc. I saw some online services charging $400 to list property on MLS. Is it that simple? I … more

Will home prices significantly increase once rates come down?

Have like 50k cash layin around and looking to buy beach property to function as a short term rental so i can do a cost seg and get a large write off in year 1. Anybody have experience with this? Do i… more

Hello everyone,

I am in the later part of my work life, 30 years + in credit and collection, currently working part time at a local library. I am considering going into real estate as a part time job. I ne… more

Seems like my best rate for a new house rn is going to be 6.5%. Seem about right to everyone?

Looking for a new home to purchase or rent in the Atlanta GA area.

I'm on the hunt for a new home and hoping to avoid juggling multiple mortgages or taking out a bridge loan. Ideally, I want to move smoothly without having to relocate my family to temporary housi… more

I would like to convert my detached garage into a tiny home with the idea that I could rent out my SFH. I have no knowledge of how to go about this. Zoning is unclear about ADUs and I know there's… more

My condominium has no real HOA but a self governing condo board that has three board members in. How much power do they have? I have not seen any covenants, by-laws or any other documents when I moved… more

Any one have to stop maxing out their 401k to pay for a mortgage? Is this smart to do? If I have to stop contributing to my 401k does that mean that my mortgage is likely too high? First time home buy… more

Any tips on how to structure a home purchase for an unmarried couple in DC? We’re unmarried (plan to get married in the future, likely after this purchase) and the down payment cash would be mine (at … more

I want to have independent audit on condominium financials. How do I achieve that? I own one condo in the building and suspecting that financials are grossly mishandled

Can condo board suddenly impose extra costs for repairs? They already have enough money for repairs but are saying that they don’t wanna touch whatever there is and instead want us to pay extra fees s… more

Am I really going to regret selling my first house instead of keeping it and renting it out? 2.85% interest with $280k left on mortgage. Looking at making up to $100k after closing costs (could be low… more

What are some must-do projects when you first purchase a home?

I’m interested in getting into the house flipping business. Do I set up an llc for this? Any mentors?

Which real estate markets/metro areas and specific areas/suburbs do you think have the best value right now and best appreciation opportunities moving ahead?

No more 6% fixed commissions. Realtors can now compete on commissions. I’m curious to see if this causes home costs to go down, or will just serve to make home prices raise by several percent

How’d I do?

List Price: 175K
Purchase Price: 150K
Light cosmetic Rehab: 6K (paint,floors,fixtures)
ARV: 190K
Rent: 1900
Payment: 1275
Cash left in the deal: 25k (will likely pull out in 2-3 years if rates drop)
more

Has anyone used the qualified real estate professional status while also having a W-2?

Hey all, I’m looking to get a whole-house water filtration system for a new construction. Where do I start on my research? Any recommendations for brands, types, etc

Bay Area- for a condo (without any equity) rental and mortgage payment math is not adding up and can’t afford a SFH (would be a stretch).

Any tips on how people approach this??

What is the sales commission percentage nowadays for a broker?

Would anyone be interested in an off-market residential property? It’s a 3 family with a finished basement in Paterson, New Jersey. Please PM me if so.

Want to buy a condo for $185k financed by $127k from savings ($32k in unrealized gain) and $58k from 401k loan or LOC at 9% APR with 2-3 years payback. Seller is interested in renting back at $2k/mo for a year. HOA is $730/m… more

Currently deciding between staying in a Seattle house (1m house, 3% interest) and doing a 250k reno (likely 9% 5 year loan) or just buying a better, move in ready house, either in Seattle (1.4m at 7%)… more

Chicago question; anyone here run an Air BnB/vrbo/etc? I bought a 2 flat, I rent out 1 unit and live in the other. However, I’m about to move for a job to another state so this will no longer be my pr… more

Any negotiation tips with the seller after the house inspection? The first time home buyer here.

Anyone have an idea of cost to finish a basement? Specially, approx 1,500 sq ft home located on Long Island, NY. There is a current egress but needs to be updated. Would like to add laundry room, bath… more

Is there a way to report a business that flips homes but does not permit things correctly?