The Real Estate Bowl

I have a rowhouse in DC. Northeast Capitol Hill. Nice area but bordering the riff raff. Bought in 2021 at 2.8% and lived there 2 years. Now renting below operational costs by about $500/mo. Can afford… more

I’m trying to avoid capital gains tax. What is the best and most efficient strategy? What I am hearing is, I need to “establish residence” for 2 years, then sell. Is this accurate?

Do you pay off mortgage biweekly? Does that have any financial benefit??

Renting out a house we own, is it best to just rent it out or is there any benefit to forming some kind of real estate company that it’s rented from? Is that even a thing? Pros / cons? Thank you!

Hello! Does anyone have recommendations on best banks to set up an account for a LLC (primarily for RE investing)? I’m new to this and would like to get some insights on why you chose a specific bank,… more

What lenders give out 40 year mortgages? Yes, I know the concerns with them. I don’t care - I am in a city poised for major growth and plan to rent it out after a year.

Anyone know who is offering the best homeowner’s insurance rates in CA right now?

I currently have my CPA license and work for a public accounting firm. Not loving what I do right now. Thinking about getting my real estate license. Pros and cons of being a real estate agent? Thanks… more

If my intent is to do a1031 exchange, do I need to sell Property A first, before purchasing Property B? Or, can I purchase property B before selling property A in order to qualify for a 1031 exchange?

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Need advice. I own two buildings. My primary residence with a mortgage of 600k and 3% interest rate and an investment property with a mortgage of 500k and interest rate of 7%. Barring any emergencies,… more

Has anyone worked with a Mortgage Broker in the state of New Jersey and would recommend them? Or any individual lender recommendations? I’m a first time home buyer, for reference.

Does staging help sell in B+ neighborhoods?

Any tried and true methods for removing pet urine smell from home? The house is all hardwood but has lingering stench.

Anyone have experience with Owner Move-in evictions?

Putting and offer for a property $370K below market value. Current owner is an investor who owns many properties, so legally can’t relocate the protected tenant.
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Should we have a lawyer review our house purchase agreement before signing it? It’s a new build if that matters.

Anyone know any lenders that will provide HELOCs for investment properties?

Any recommendations on how to go about home decoration including furnishings. Bought an old home and looking to make it look nicer. Have been going to furniture stores but how to get good ideas on dec… more

Looking for some advice. I purchased a blighted single family property & will complete renovations by the end of 2024 (LCOL, 3BR, 2.5 Bath, EV Charger, 3rd Floor Deck, etc.). Estimated monthly ren… more

Can anyone please weigh in on the best / easiest HELOC right now? There are so many companies, I don’t know where to start. My home is in a living trust so any lender who doesn’t fuss with that would … more

Is it better to buy a new constriction house or a foreclosure house for a first time home buyer? Pros and cons?

Home values expected to increase when they drop rates? Always interested to get opinions!

Looking for advice on entry doors 🚪 . I received the following quotes for a fiberglass door:

Renew by Anderson - $8k

Window World of Long Island - $5k … more

With 130k annual Income, is it wise to buy an house worth 600k with 60k as low payment.

Renters from hell expected to leave property soon. Would appreciate a checklist of items for final walk through. First time landlord and property manager is not competent so i need to do the leg work

Any recommendations for a real estate agent in West New Jersey?

How to choose tenants-

All with good credit scores and some with more substantiated income sources than others but no flags. We had listed with no pets preferred and hence priced it so, only reason being risk of repairs!
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Office Condo investment : I bought a unit in an office Condo and planning to lease out this for small businesses. the Association cover the Stud out property insurance. For remaining What kind of pro… more

Are condos typically a bad investment?

Property Manager vs. Realtor: Which to Choose?

First-time landlord, SFH in San Jose:

• Property Manager (8%, $392/month): Full service: tenant screening, rent collection, maintenance, tenant issues.
• Realtor ($20… more

Homeowners. In Chicago. Do you have to apply for homeowners tax exemption every year? Or if you apply does it just remain there?

Any first-hand recommendations of property manager in Campbell, Willow Glen area or overall San Jose?

Has anyone relocated for a job and rented out the house they own? I bought a house 2 yrs ago with a 3.5% mortgage. I paid asking price, too. House had a new HVAC top-shelf system installed and roof i… more

What services does a property manager provide, and what percentage of the rent do they typically charge? (Am in West San Jose)

Do they handle tasks such as finding tenants, collecting rent, managing re… more

My wife and I recently sold our condo and will be moving out to the suburbs later this fall. We will be staying with family in the meantime due to some other circumstance and just wanting a breather o… more

Question:

I'm interested in qualifying for an investment property and am considering DSCR loans, but I prefer not to put down 20%. I recently purchased my home and haven't lived in it for two y… more

Tenant screening - first-time landlord. I did the Zillow Application. Background check is clean. Good to meet in person.

Key flags:

1. Credit score is 568. She says it’s incorrect, and there has always been an error and… more

Buying my sisters house. Is there a way for her to sell it to me for a loss so I can afford it?
If that can't happen then I would need her name on the loan.

Should we rent/AirBnb our house in the Ft Worth area if we move to Seattle within the next 9-12 months? Our current mortgage is an FHA with a ~6% rate.

How can I find out how much I could rent it for?
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