The Real Estate Bowl

Husband and I are considering getting a mother-daughter home with my parents who are in their 60s. Their living space would be completely separate from ours, would share backyard. Anyone do this and c… more

What’s everyone’s opinion on the market in the DMV area?

I am buying a luxury condo in Queens, NY in the downtown flushing area for a little over 600K. The HOA is $343 and the taxes are about $500 a month. It’s going to be move in ready by next year. I make… more

For all your real estate projects you need a decent project manager hit me up used to be a carpenter and ran various teams throughout the uk.

Anybody know about wholesale marketing that would be willing to share information without charging for some lame membership?

Looking for advice. Closing on a new primary in Charlotte NC area. Current HHI $350K, with $250K savings. New home purchase price of $860K. We will spend $100K down payment and planned renovations of … more

I am buying an investment condo. Its sale by owner and i kind of know the owner and he is willing to work with me on various creative financing options. I do qualify for the loan and am going thru und… more

Are there any agents that think the market sucks vs the time to buy buy buy? Not sure if it’s the fact that I’m not specialized in their area of expertise or really they think it will get worse when r… more

I have a family property that is a very large lake front property on a lake that has long ago run out of lake front property, it has two cabins that are a good 70 years old that were built by my grandfather.
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Does anyone have experience inheriting a residential & commercial real state portfolio with siblings? A majority of the properties are already in an LLC (the family business) but some of us have … more

Not sure if it's right place to post this, but any recommendations for best pest control treatment solution I can buy and use on my own for indoor and outdoor pests? Seeing some worms, ants and so… more

Looking for a duplex to purchase in GA - open to places 1-2hrs outside of Atlanta. Where should I look? Also open to realtor recommendations.

We bought home in Seattle area last August with 30% equity 6.37% mortgage. Now want to get an investment property in the outskirts where new communities are popping up. I can put 20% for second proper… more

Is it easy / non controversial to add a spouse to the deed of the house - vis a vis the bank that holds the mortgage? Can I have me and my spouse on the deed but only me on the mortgage?

Renting a place for the first time in a while. Rent is $3k and I paid the security deposit and first month. Received the keys on Friday 5/30 and the AC is out on one of the two floors. I will take until the weeke… more

🏠 June begins peak buying season in the real estate market. Are you seeing this reflected in your world? Is there an uptick for the summer, or a downturn due to finances?

Renting is all I’ve known since a kid. I want to break the pattern but have no family or examples to look to. Need some input on things to consider and a check list of what needs to be in order before… more

Renting is all I’ve known since a kid. I want to break the pattern but have no family or examples to look to. Need some input on things to consider and a check list of what needs to be in order before… more

I’m trying to understand capital gains tax. If I make 250k profit on my house, I don’t have to pay any capital gains tax bc up to 250k is excluded? I get to keep all of it?

Anyone in an owner occupied duplex sell a unit to a friend or family member?

MORE INFO:
The property value has exploded for my home, which means selling one unit could pay for a huge chunk of my mortg… more

Hi I have a rental property in North Carolina (Wake County) and my tenants have been consistently late with rent since 2023, though they eventually paid by year-end. They promised timely payments for 2024, … more

Hi!

Anyone ever had to push a closing? Closing is supposed to be next Wednesday but found out stupid bank transfer funds won't be available to wire until end of that day.

Rental property still owe about 140k, 3.375% interest rate. Monthly expenses (everything) is about 2300, rent is 3800.

Looking to do some renovations to primary home, and estimates are in the 120k range.
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About to give a notice to not renew the lease with one of our tenants. My partner wants to have a talk with them first before we give them the written notice. Says it’s the nice thing to do. Just wond… more

Anyone ever use Knock?

Is a $6.1k mortgage (loan + property taxes + home owners insurance) okay on $250k annual income? That works out to approx. $14.3k take home per month after taxes and insurance but before 401k. The inc… more

Bought a property in bangalore as an NRI, did my research and due diligence and closed on a tier 1 developer which is just launched. If NRIs looking to invest in Bangalore drop a dm so that i can refe… more

If I want to buy a house, fix it up, and the post-rennovation value exceeds the FHA guidance for my area, what’s the best mortgage product for me?

Looking to sell my NYC condo (1 br/1 ba). Thinking of offering it first to my neighbor so they have the ability to join the units (e.g. units C and D are both 1 br units, and turning it into a combined 3 br/2 ba)… more

Posted about a lowball appraisal the other day while trying to remove PMI. One of the things I was told was “this is a BPO not an appraisal,” however I was charged $500 and for an appraisal. I underst… more

Is it worth getting a real estate license to buy your own home? Has anyone here done it? What was your experience? You can buy a car with realtor’s fees

We had purchased a house for 675k in Nov 2022 in Washington state. At the time, it was appraised at 685k with comparable comps avg 400/sqft vs ours at 300/sqft.

It doesn’t look like the interests rate are gonna g… more

Any feedback on investment companies like yield street, realty moghul? Have people found their returns to be good? I have 50K-100K to invest

Anybody here actually prefer condos over houses as investment properties? I realize the cons, hoa fees etc. but living in NYC is rough.

We bought a rental in 2022 in our personal names. If I transfer it to our LLC, will that improve our DTI since the mortgage isn’t our name anymore?

Paid for an appraisal to remove PMI and appraisal came back shockingly low (see comment). The appraisal had numerous mistakes (wrong sq ft, wrong beds/baths, wrong picture of house on cover and throug… more

Thoughts on using a HELOC on a primary residence for an investment property? Currently considering using my $150k LOC with a 7.7% APR. Investment property is still projected to cash flow after all deb… more

Any success stories with seller-financing/land contracts? I’m trying to find ways to scale without having to save 20% for investment properties.