The Real Estate Bowl

hopefully buying a home in NYS in the coming months. wife and I make ~300+, are there any first time home buyer programs we should be aware of?

Can we pay some part of mortgage using 401K to reduce loan amount and pay it off sooner? Considering job stability is good, Is it possible and advisable? TIA

Rented my house, I will get $9,500 profit, after lawn care & maintenance, total net profit is $4,500. As far as equity, I will earn 10k. Is my profit too low? Is it worth renting it? I’m just not… more

What’s up with these prices staying so high?

Bath remodel in San Jose- permit and inspection question-

Can we schedule both rough and final inspection at the same time? Or it has to be sequential?

I have a permit issued on the name of my contrac… more

I didn’t set up an LLC for my multi family investment property because I didn’t know the benefits at the time. Is it worth doing that now? If so, what would the process look like?

Lesson learned, I had someone do plumbing and I was told he pulled permits and he in-fact did not. When I went to get them retroactively, he’s MIA. The city tells me I can take on the liability myself, but what d… more

Anecdotal advice about a 2nd property? Bought a condo unit in 2021 and unexpectedly began renting it out last year when partner and I had to move for work. We’ve been successful. Cash flow break even.… more

Thoughts on turning a 13x7 basement storage room into a home office with built ins? This room wasn’t even advertised on our house listing when we bought - it’s finished but i don’t know if the seller ever really … more

Hi everyone - I am renting in Georgia. The front yard of the home never had much grass as there is a giant tree and it’s mostly got moss around it. I have been paying for bi-weekly maintenance of the … more

Not 100% real estate

My mother wants out of her timeshare. She’s getting old and can’t use it like before.

Any recommendations on how/where she can sell it?

When considering to choose between real estate license or loan officer license, what type of personality,work preferences, better suit each? Thanks

Is it normal to have a couple of vacant months on your long term rental as a landlord? This is my first time renting out a unit and I feel like a failure 😅 wondering if I'm just too hard on mysel… more

I have 7 rental units (5 SFH and a duplex, all 3 BR/2BA). Rents average about $1600 per unit. I get killed on every turnover. Usually have at least $5000 in expenses to get the unit ready for next tenant.… more

First time home buyer here. Moved into a new house recently and basement is damaged owing to rain water seepage. A friend told to get french drain and sump pump installed but it’s costing like $5k+. House i… more

First time homebuyer and probably clueless. I have been looking at listings on zillow, what steps should I take next? Hire an agent? Would like purchase and move in the next 2 months

Anyone experience home buyers remorse / depression? Apparently it’s a thing especially after buying your first home, and I’ve been feeling it big time.

My parents have a holdover tenant that can’t afford the rent because she went through a divorce. She was suppose to move out by the end of the month but keeps making excuses and delay moving out. All … more

Can an agent work for another firm as a receptionist while working as an agent for another? Or can an agent only work as an office employee of a franchise under the same firm? I'm a new agent and … more

Is it still worth getting realtor license in texas for someone who is new? TIA

Is it normal for a landlord to ask for the deposit before any lease agreement is signed when renting a home?

Is there any relationship between how much seller credit can be given towards closing cost and LLPA(loan-level price adjustment)? My seller is paying for the cost of discount points( let’s say it is X… more

What is the best online course to get texas realtor license?

What % salary do you spend on mortgage only for primary residence? What city do you live in?

Would you rather have buy down rate 2 to 1 or closing costs paid by the seller? Thanks

My spouse just refinanced her student loan. Should I become a co-signer to improve my credit score? I’m an immigrant so I am what they call a “thin file” (ie: good but young credit score). Goal is to … more

I always hear 5 years is a good rule of thumb to flip a property for a profit. Is that accurate?

What if you’re in a particularly hot area (as an example, we’re in Westfield, NJ where homes appreciated 20-30% in … more

Fix and flippers - where do you find your deals?

HELOC rate at 10.75% at the moment. Does it make sense to take out from HELOC to pay for down payment on an investment property for rental? Besides saving, where would you source funds for down paymen… more

Is there any part time realtor here? I got my license few months back and closed couple of transactions from my sphere of influence. Now planning to expand this more over evenings and over weekends wi… more

Should I buy a house?
Home price: 625k in MCOL at 6.5%
Down payment: 30k
Household income: 280k base
No kids

I own my house outright. Thinking about buying a 2nd home out of state and taking out a mortgage for it. Would it be considered investment mortgage or a personal residence one?

For those that self represent in real estate transactions. What do you use as a form for offer?

I am a rookie investor, looking to buy my first property in 12-16 months. Living in NYC, I was interested in looking into cities like Houston, Tampa and Raleigh to buy in. Should I look for a property… more

A tenant gave me a check written out to cash and the memo says “a gift for you, thank you so much.”

I don’t feel comfortable depositing it. What would you do?

&120k HHI + variable bonus ~ $5-6k. Cash reserve $50k. Is it recommended to buy a $475k home in the current market? Single owner. No kids