The Real Estate Bowl

Anyone buy a property outright in cash to rent out? If so, what is/was your cap rate? I have some cash (~$380k) and was thinking of using it to buy a rental property outright that has:

Monthly HOA: $202
Taxes: $4500 per … more

Hi all, need some advice on how to structure a competitive offer for a multi family in Orange County, NY. List price is $500 for duplex, one side rents for 2200, other side can be rented for 2500. In… more

Converting my primary residence to a rental and transferring it to my 100% owned LLC through a quitclaim deed with $10 consideration. But, there’s a current mortgage on it which will be paid through t… more

Hey does anyone have experiences house hacking a multi-family town house in jersey city? Any other better city options in NJ?

General rules around what needs to be in place to be ”ready” to purchase a rental property?

Currently have a mortgage on my home, debating a home equity loan to use as a down payment on a vacation ren… more

Does anyone have or can recommend a rental assessment .xls or website to punch in variables to evaluate a deal?

Has anyone rented a property to a tenant sourced by temporary housing directory? What was your experience like?

Anyone know what kind of salary/total comp to expect for a director of development in MF?

We don’t allow pets but tenant presented a doctors note saying she needs a cat for anxiety. What can we do about this?

I just signed on an agency and my supposed mentor did a great job with recruiting but after just left me hanging. I’m brand new to being an agent and would love any advice on how to find a client who’… more

Anyone know know or a DSCR lender? Looking to refi my owner financed property. I’m located in Texas

How do I go about acquiring a good real estate agent? Do I need someone to represent me or can the seller agent represent me as well?

Looking for jumbo loan (880K) rates, best rate received so far 6.375%. Anyone willing to share their mortgage lenders recommendations for TX?

Buyers or sellers market for houses now? Less inventory should benefit sellers. But high interest rates keeps buyers at bay?

My brother and SIL are moving to the states for the first time and are searching for a home to rent. All companies are asking for income proof of 3x rent price. My SIL is in med school and uses her st… more

Selling my house and considering doing seller financing. Has anyone done this? Pros/cons? Any suggestions for who to use to qualify the borrowers? First time doing this, my lawyer is working on the ag… more

I am under contract on a house and it has poly pipes. I am getting and estimate to replace them before i decide if i should walk away. Seller gave me a discount to cover for it. Should i just walk away?
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I have an opportunity to buy a home in a other state but it’s moving so fast I wouldn’t be able to move into it until I make some arrangements for remote work with my current company. I don’t curren… more

I own a single family home in a college town where I rent individual room. I get $1500 for the primary bedroom that has a private half bath, 1300 for the larger secondary bedroom and $1100 for the sm… more

Are you guys removing some expenses from your rental calculations now they interest rates are so high? I am not able to find any cash flowing deals unless I eliminate factoring in vacancies, capex

I live on the 11th floor of a 15 story condo. My ceiling leaks heavily when it rains. Does the landlord need to do something about this? The landlord is asking the management company of the buildin… more

Any recommendations on high yield saving accounts? Want to park my money that I’m planning to invest in real estate in a period of 9-12 months.

Those whom have property management. What is your fees like?

Trying to keep my credit score up so I’ll have a better rate when I buy a house. I always pay my current balance, twice a month. Should I be only doing the statement balance instead? I tried googling … more

Hi, I’ve been trying to sell my house lately and I just signed a land contract (seller financing) deal. The buyer made a 15% initial down and the he has possession and keeps making me monthly payments which… more

Any lawyers turned real estate agents here?

Looking to rent out a property around $3K/month. A potential applicant told me they would like to sublet one of the rooms. I’m not against it but told them I may increase rent amount if so. I’m thinki… more

What are the fees on a mortgage lenders fee sheet that can be negotiated down? They are kind of confusing!

I think my roofer/contractor is trying to take advantage of me. Quoted me $20k for the roof, which seemed about right. I started on the work. Then today, he said that I need to redo all of my trusses … more

Hot take: if the fed really pauses rate increases as they’re discussing, then today is the cheapest houses will ever be

Anyone use AirDnA?? Hoping to look into the denver market. Cost starts at $100 for the month, not including surrounding areas. Anyone interested in sharing an account and splitting the cost whatsoever… more

Have 20k equity in our $280k townhouse (no/minimal appreciation as I bought at peak last year but our interest rate is 3.75%). We are moving next year to another state, do we keep it as a rental as LT… more

In the NY area and considering a solar lease/PPA. Anyone else do this vs buy their panels outright? Thoughts?

When renting out your property, are you allowed an annual inspection or inside walk thru?

Hi, during the tax filing I noticed that I should pay 3500 to IRS. I don’t have any loans or investments. It’s just a simple W2 from my firm. Firm side I gave 401k. But I haven’t invested outside and … more

Looking for some advice. My 2 sisters and I inherited our mothers home. I'm thinking of buying my sisters out and keeping the home. I would like to know what options will save me the most money. I… more

As women do you wear pointed flats to showing or other types of shoes ?