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A bowl for those currently in and thinking about real estate investing.
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Looking to get into the real estate game but not sure where to start. I would really like to have a place I can rent short term on AirBNB but am unsure if it’s better to go the route of arbitration or… more

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Houses are only this cheap because rates are so high. Thoughts?

likefunny

We bought our home in Nov 2022 for $675k. At the time of purchase it was appraised at $685k. In 2023 now, our property tax is assessed at $805k (around 180k more than last year). Would that have any b… more

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First ever cash deal. I’ve done several “traditional” transactions but for some reason feel uneasy about this one (the process, not the money). What are the main differences? Assuming accepted offer, … more

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Anyone ever rebuilt their garage and added an apartment above it? How much did it cost you? How long did it take? Where are you located?

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Just heard about new good credit score tax or higher mortgage rates for people with good credit score.
Is this happening?How will this impact real estate market?

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Trying to sell my appt as sale by owner. Got an interested buyer (happened to meet her in person randomly) and her realtor calls me to say i need to sign a 3% commission that i will pay. I have a titl… more

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Looking to raise 1.75M for a commercial transaction, 10% CAP rate (off-market offer). Where would be the best place to look? Haven’t conducted a deal this size before

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Best beach spots in FL where i can get a decent rental and also while away my retirement years on vacation?

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likehelpful

Anyone know the best way to house hack in NYC with FHA loan or NACA program?

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Any chance that lowering the interest could actually cause a housing price decrease?

All the homeowners who feel “trapped” by low interest rate mortgages may flood the market at once. Given the already elevated ho… more

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No, good-credit home buyers are not subsidizing high-risk mortgages. This is just conservative media click bait and the reporting is inaccurate.

Explanation in the comments

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Thoughts on the how the US is subsidizing high-risk homebuyers at the cost of those with good credit??

like

Looking to purchase a townhouse/apt/SFH to rent out + generate passive income. First time home buyer + family has never owned rental properties. Any tips on where to start? Trying to learn as much as … more

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If we buy a condo as joint tenants but only one of owners lives in the house full time - does the owner who didn’t live in property have to pay capital gains when we sell?

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Rented out my house, tenants had issues every day the past month. Never had any issues with the house when I lived there for years. It it just my bad luck with becoming a first time landlord?! 🥹

likesmart

Need a gut check here. We are buying a house in Utah for $600-700k which would be a $4,000-4,750/mo with 10% down.
We make $250k gross plus ~$30k in bonus/equity. Max 401k, IRA, and HSA. Income will keep go… more

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Planning to buy a house but want a honest budget opinion:

HHI: 260k base, ~300-325k with bonus
DINK, maxing out 401k & hsa

Looking at 800-900k houses in north NJ (so know the taxes I'm getting into). PITI li… more

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Hi! I bought a condo last year and my underwriter didn’t accept the condo insurance quote that did not cover the mortgage amount so I went with whatever they approved. I’m trying to switch policy now … more

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Does anyone invested or have perspective about the Techvestor real estate short term rental passive investment avenues? Are the returns of 11%+ real? Any other suggestions for passive tax advantage i… more

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Looking to put in a pool in South Florida. Anyone have a pool company recommendation?

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What’s going on with the Manhattan real estate market? Trying to sell and it is taking ages! Insights would be helpful.

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Kitchen sells the house.

Do you agree or disagree? Why?

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Almost complete on a new build Duplex outside Charlotte. Deciding if to hold and rent or two sell (could net $150k). Interested in what the bowl thinks. If I sell, would I be better to sell before g… more

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Hone owners-

Do you switch off the water heater/boiler if you are going away say for 2+ weeks? I believe it will save a lot of electricity bill?

like

Been analyzing an area in northeast philly, specifically 2-fams/duplexes as my 1st investment property.

Goes w/o saying my area (NJ) is overpriced to invest or house-hack, even though I’d prefer to. Property taxes are absurd… more

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Buy or rent? Looking at a $535k home in the Phoenix area with 170k combined income. Take home pay is around 9k a month. Currently have one kid who will be starting kindergarten next year and a baby on… more

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Any house flippers here? What are your stats?
Part Time/Full time?
How many flips do you do a year?
Average ARV?
Average profit?
Total profit in 2022?

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What are the requirements on appliances in the units? Tenant has a refrigerator and is now saying it is not working. Am I legally bound to get a new one for her if it can not be fixed? Which I don’t t… more

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Tips on saving up for a second property / first rental property? First property is my own home.

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Looking to build a home in the midwest and I can't believe how high new construction costs are now. Are construction costs expected to decline over the next year or 2?

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Starting a single family rental and interested in creating a property management site or tenant portal including for online rent payment. Any ideas or just stick to emails and snail mail?

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Any thoughts on PMI? I am a big pusher of buying early and refinancing out but curious what people think

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My fiancé and I make about 250K gross income yearly. We are looking at houses in New York in the 500-550K range. We plan to put down around 40K. We each pay $500 a month on our cars but my lease is up… more

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Take home pay is $15k monthly. Planning to purchase a primary home and the total monthly payment is coming to be $6.5k( mortgage+ taxes+ insurance+ utilities+ + PMI+ HOA). Is this okay to spend this m… more

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Looking to buy a second home. We used a VA loan on our primary home. Does anyone know if there are VA loan options for a second home? Not having to put a down payment on a property is awesome but, my … more

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Any recourse for an inspection which indicated something WAS present when it WASN’T (as opposed to just missing something)? Inspection said I had central heat which was functioning normally and come w… more

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Housing or land and build?

like
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