Hello Reddit, I’m being offered many millions for our farm next to an electric substation. It’s about 4x value. It’s an option contract for 7 years. I’m wondering what the going rate for that land is? Am I underselling? Should I hold out for more? Anyone going through this process now? Seems like a new move for battery storage companies to be scooping up this type of land. I appreciate the help. submitted by /u/RBWick2024 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jnwcmb/being_offered_millions_for_land_next_to_substation/

As said in the title im 20 and in the uk and want to start real estate i have a small ebay business making tops 300 a month and climbing and thats about it, i just want to start my journey but i also feel like i need to work on my ebay business more in order accumulate more money to start just looking for opinions and maybe even people in my shoes thanks in advance submitted by /u/Responsible_Ad_8374 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jo0ir5/20_year_old_wanting_to_start_real_estate_uk/

Really just curious if anyone thinks the housing market prices will continue to shoot up or will prices come crashing down? I know you can’t time the market, but was hoping that I didn’t just buy at the peak. Asking for general opinions here. submitted by /u/Particular-Singer-12 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jnwac9/just_bought_a_house_and_im_nervous_i_bought_at/

Hello Everyone, I moved into the U.S two years ago and have always wanted to get into Rental properties I got about a 100k No debt money still coming in have some other investments making about 10-20k a year aside from what I do, my question is how can in get into real estate investment with the current money I got with the fact of me being here for just 2 years, all advises would be seriously considered and appreciated. Thanks submitted by /u/No_Decision_2252 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jn4tsn/first_time_buyer/

Hi all - Post the NAR settlement and new rules, I wanted to see if anyone can provide comps on what to expect for a broker fee % in NYC. I am considering listing my condo given high demand in my area and expect the apartment to be sold for around $1m based on comps that traded quickly (3 weeks). I've heard that the 3% isn't often used in NYC given higher average sale prices but wanted to get a sense of what is more normal as I shop around. Thank you! submitted by /u/AlarmedInside888 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jnb5bj/nyc_selling_broker_fee_comps/

Im sharing some images from a recent inspection of the property. Is this bad. Images are on this link - https://drive.google.com/drive/folders/1AN_44TB6xslwrs1ATDvA_HN_KlveKPIa?usp=drive_link I can really get some advice on how bad this is and does it make sense to buy a house like this. submitted by /u/Quirky_Transition817 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jn8q09/looking_for_advice_water_in_crawlspace/

Hi! We are looking to move soon and one area we are interested in has lots of newer builds and several that are in the process of being built. We love one of the floor plans (in pics anyway, we are out of state and will be visiting in a few weeks to do some house hunting), our question is if you go for one that is being built, do you get any say in the finishes? I know the answer is probably "it depends" but we are just curious how it typically works if you go that route. submitted by /u/bambi0793 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jmja8c/buying_in_the_middle_of_construction/

Is it a violation for a real estate agent to withhold offers and eventually sell the house to his mother which he will inevitably inherit? submitted by /u/Any_Alternative1312 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jmh592/waterfront_scam/

I’m in the process of trying to buy a house. Went into escrow and sellers have breached contract. Don’t want to go into too many details regarding it. But looking for any suggestions on Southern California real estate law firms to talk to and any experience previous buyers have had in this situation. From what I hear and hope this is very uncommon and completely lost in what to do. submitted by /u/LordRichardRahl [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jmgz77/breach_of_contract/

A neighbor just sold their house and the status changed to contingent. The house sold for $280 per sweater foot. Will my estimated home value increase based on the price per square foot? Is this the value they use to estimate my property value? I stand to gain over $200k over the zestmate, so naturally am curious… submitted by /u/Samets [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jlo7sr/zestimate_question/

I have a covered patio on my house that I'm selling that has a leak somewhere in the roll roof....I know I'll take a hit on resale if I leave it but it's not harming the house at all and I don't have the time right now to slap a roof on it. So my question is how big of a problem do you think this will be when I sell if I disclose it from the beginning submitted by /u/Ill_Gene_9482 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jlrqv3/covered_patio/

Anyone have any experience investing in rental properties with family? The pro would be paying down the mortgage twice as fast and rolling that over into the next house and build momentum with additional rental income. I assume the con would be potential strain on the relationship mixing money and family. My current vision is to pursue real estate investing on my own through house hacking and renting by room to maximize cash flow, but I’ve been thinking about how faster my goals of financial freedom can be achieved with a trustworthy partner. I always hear people say it’s never a good idea to go into business with a family member so I wanted to see if there were anyone with a successful experience. submitted by /u/Similar_Sherbet_8608 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jl0j14/buying_a_house_with_my_brother/

I’d love to learn how the housing market is doing in different geographies and thought others might too. I’m invested in NYC (Manhattan) but I’m looking to expand to one other geography for diversification. Manhattan condos have been pretty stagnant for the last 6 months but has been picking up in the last few weeks. This winter many listings had price cuts (as high as 5-10%). Things are not going above asking yet but there’s starting to be more completion for decent properties. submitted by /u/thefrogmeister23 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jkzkeb/hows_your_market_doing/

Long story short… next door neighbor aged out and had to go into assisted living, the house now needs to be sold to fund her care. Her adult son has been cleaning it up for the past 9+ months and is finally ready to list it. Kicker is… it was built in the early 1960s on a monolithic slab that’s heaved over the years; cinder block construction on the slab means that The house has significant structural damage, water line and sewer damage, and looks ready to fall down. I have a solid construction background, and this was confirmed by the son when they brought a realtor out some months ago to go over it. It’s my desire to purchase the house (aka lot) and build a new house on it for myself. From what I’ve heard they’re trying to use comps from the recent neighborhood sales, however these were all sizable homes and not falling down. The Denver metro area prices has been nuts, but there are quite a few homes in this area sitting longer and longer. Supposedly they’re going to ask for 385k. ...

I tried paying rent on Zillow with my Bilt account. However I forgot to change my authorized amount and ended up trying to pay more than allotted. This caused my payment to fail and now Zillow is claiming I/my bank disputed the charge. The payment was never made and no money was taken from me nor deposited in my landlords account. However Zillow charged a fee and also deducted the amount I tried to pay from my landlords account. I’m confused why this is allowed? Zillow isn’t owed any money in this process since no funds were being moved. submitted by /u/Naive_Pay3169 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jk5uk5/zillow_charged_my_landlord_for_my_denied_payment/

I'm devastated and I feel like I got catfished. We spent the weekend touring the house, checking out everything about the neighborhood, spent a day looking at disclosures etc. I even dreamt about the house, looked at the pictures maybe 20x a day, ready to throw my fortune at it, and then 1 day before the offer date the listing got removed. I know plans change but that sucks so bad. We've let the sellers know we still are interested, gave them an offer in case they changed their minds. Now I don't think I can be interested in another house again. I'm always waiting for this one to come back up, if it will even, and if it does there's no guarantee we get the house. I offered a price above market rate, 15 days close, covering buyer agent fees. I'm throwing everything at them. I've fallen into the trap of falling in love with houses I haven't even won. It reminds me of how dating sucks, because you go out and fall in love and get rejected repeatedly, unti...

Hey there, we are selling our house in CA, and there is a trust representing their client who would like to purchase the house, but they haven't made an offer yet. The person the trust is representing is rather famous and is taking a very long time to submit a formal offer, but this person and their team have been to the house five times already, with another visit planned this coming weekend. Our agent said their trust needs to ensure they can procure insurance before making a formal offer. But how long does that take? We're talking weeks of waiting. The buyer and their agent insist they love and want the house, but they need the trust's stamp of approval before moving forward. Again, they have been to the house five times already, the trust, their kids etc. We haven't had much interest in the house outside of this person, so we're not really in a position to be pushy, but I'm getting to a point where we'd like to lower the price and get it moving. We...

Currently i am looking for a home. I got approved for a 150k fha loan, which isn't much in my area. I told my friends whom I live with, and are understandably bummed because this likely means a big change in our current living situation. They are convinced that the real estate bubble is about to burst and houses will get very cheap soon. They have said this every year for four years. This year it is going to crash because of the president. Can anyone accurately predict what our housing market is going to do? I'd hate to buy in now and then everything crash in 6 months or a year submitted by /u/iloveyourclock [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jjgt2q/dallas_housing_market/

Looking for a lawyer, received a letter threatening partician action of sale. Preferably pro bono or willing to take payments. submitted by /u/jeloqu [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jjfyar/florida_law_can_anyone_refer_a_lawer_for_a/

Yesterday I viewed a new construction home with Taylor Morrison. They wanted $14,832 up front in earnest money, with no signed official purchase agreement. They said their policy is that they send the official purchase agreement AFTER the payment is made to their website. This is bad business practice. I hope no one falls for this. I chose not to proceed because every property I bought, the max earnest money I’ve put down was $3,000. Also because I’m not an idiot. I should clarify, the house is near completion. The closing date is set to April. Do you guys know if this is something they do to everyone? Why are they doing bad business? submitted by /u/Silent-Suspect-1585 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jimsnb/taylor_morrison_new_construction_red_flags/

Hey so I applied for this role for one month of internship so can any of u let me know what kind work will they assign me submitted by /u/Prudent_Action_8685 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jili41/role_of_pre_sales_expectations_intern/

So in my area what plat maps were allocated county gave 30ft on each side of a boundary line for road access and county easement My issue appears to be that they never bothered to survey before placing the road and the asphalt is right up against the edge of this easement. At one point the road even crosses the easement and is on my private land. (verified by survey) This would normally be forgivable, but they just ran their mulcher up to 20' onto my private property and left an absolute mess. So is this where I just call the road dept and chew their asses out or how should I handle this? submitted by /u/_kaleb_ [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jikv07/question_about_easements/

I’m super new to this role (I’m 24). I’m trying to hard. I called 70 people on Friday from an old database and I just got cut off within the first 30 seconds of every phone call. It’s been two weeks and not one single lead. I’ve tried to call owners from new developments too and no luck. Any help on how I can get some new business please? My ass is on the line for this job and I’m worried about not getting any leads submitted by /u/throwsway77 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jhxmcv/started_a_new_bdm_role_and_im_struggling_im_super/

This will be long but i really need advice! This is my first time buying a home. I found one that i fell in love with. It has so many upgrades, a finished basement, two tier patio, huhe fenced in yard, etc. The owners put $60,000 into it. My husband was on board to offer full list price until he saw the surrounding houses are muchhhhh lower in price. Obviously, this house has tons of upgrades, but he still found some similar for tens of thousands cheaper. He said it’s not good to have the highest priced home in a neighborhood. We put in an offer for $14,900 less than asking after we received the report showing the retail market value. The sellers countered with full list price. We have two more homes we can look at tomorrow before we have to make our decision by 4pm. Both are similarly priced. The first one is about $28k cheaper but it’s a new build, unfinished basement, and no patio. The second house is newer, but lived in for about a year, unfinished basement, patio, and has woods ...

I want to buy a property, use it as a vacation home, but also rent it out as an airbnb. This will not be my primary residence, but it will be my first time buying property. i have a credit score in the 800s and will do a 20-30% downpayment depending on home price, and have a good income history, so i believe i will be approved. But I am a little confused if I should be pursuing a second home loan or an investment loan, since I plan to use it for both reasons. submitted by /u/wolfywonderwoof1 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jhv3vf/buying_first_home_but_will_use_it_for_vacation/

RUSH SALE AT 21,000,000 Philippines Pesos (app 366,000 USD) 5608 SITIO DINIWID BARANGAY BALABAG, BORACAY ISLAND, MALAY AKLAN along Diniwid road, 2minutes walk to Diniwid Beach, 10minutes walk to Citimall, 15mins walk to Station 1. 5 STOREY BUILDING LOT643 PT. FLOOR AREA 337.6 SQ.M. 2 Deluxe King Suite, 3 Twin Room, 2 King suite with Balcony, 2 Bunk Bedroom for 6, 1 staff room with room amenities and resto/bar. submitted by /u/xsailor [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jhtwr6/boracay_philippines_boutique_hotel_commercial/

Looking for a starter home in Charlotte, NC. As i am researching they are going fast. I can see if we like something will need to immediately put in an offer bid to secure it. I am worried that bidding will not give ample time to research neighbors and the community. Any suggestions? My realtor says, market is hot if you like the home take it and everything else is a compromise. submitted by /u/starz2024 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jh7jue/worry_about_neighbors/

We outright own a small lot in a highly desirable neighborhood near the beach and just got it approved for a building lot. We currently don’t own a home and are not developers. Similar vacant lots are going for 250k to 350k plus on the neighborhood. Existing homes are selling for 700k to 1 million. We are looking at building costs around 600k for a 1500 sqft house. We are considering either building on the lot for our first home or selling the land and adding the cash to a down payment on a existing home in the 600k to 700k range. Any advice on what we should do or other aspects to consider would be appreciated. submitted by /u/Embarrassed_Plenty19 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jh6wri/sell_land_or_build/

Are there any markets where apartment agents are actually closing deals and making a living from it? I know NYC for sure, and parts of NJ. Miami as well. I'm surprised you don't really see it in other big metros. submitted by /u/True-Swimmer-6505 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jh41nm/do_real_estate_agents_work_apartment_rentals/

My friend just bought his first home for a little over 450k, and I'm no where near being able to buy a home but I was shocked at how small it is. It's a 2 bedroom, 1 bath 950sq ft home that was in livable condition but was far from flash. Anyway, I'm just curious as to what other people in different locations may have gotten for a similar price. submitted by /u/lavenderart352 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jgdqo1/what_kind_of_home_would_450k_usd_get_you_where/

What’s the most annoying thing about dealing with MLS as an agent? submitted by /u/for_hombres [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jg5rqk/does_mls_actually_help_you_get_more_deals_or_is/

All names used are fake. So my parents and I saw this house and went to check it out. Had our agent put an offer for us, but they find out from the "seller" agent (Bob) that the house is still in probate and we shouldn't put an offer on it as we have a tight deadline with Dream For All. I put " " because the guy we talked to at the open house we thought he was the seller agent but he isn't (will explain further down) However, Bob calls us the same day and says we can put an offer the house isn't in probate. He just didn't want to share comission with our own agent. Our own agent said its okay if we go with him, she understands that we have a tight deadline and if we like the house thats all that matters. Then We come to find out he isn't the seller agent but a buyer agent. The seller agent and Bob I assume are buddy buddy. I get some low tier shady feelingfrom Bob, but my parents said we can put an offer through Bob and we just have to be dil...

What does it even mean/people do? submitted by /u/ChallengeRelevant489 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jfhrkb/is_an_investment_sales_associate_a_good_position/

my partner and I are engaged and purchasing a condo. we plan to vest the title as two single people with tenancy in common (unequal splits). just opened escrow. If we elope and have a courthouse ceremony PRIOR to close of escrow, would that complicate the title and / or delay escrow if it comes to light? aware that two married people can vest as tenancy in common, but escrow already has paperwork underway for “single”. submitted by /u/Ok_Friend_6478 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jfir4m/title_vesting_question/

Hi there! We just moved into our new house, and like the title states, the washer and dryer were included as appliances in our buyers agreement, but I just ran the first load in the washer and now our basement has a bunch of soapy water pooled. I'm not freaking out or anything, our basement is unfinished and we actually have a washer that we kept from our old apartment, just in case (a smart choice, apparently). However, I would have told the buyers to get rid of it before closing had I known it was broken. Is there anything I can do, or do I just need to fix it or get rid of it myself? I don't know if it makes a difference, but we are in Maine. Thanks! submitted by /u/cyanide_girl [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jexrmw/washer_included_in_our_buyers_agreement_flooded/

We are extremely lucky to have gotten the services of our agent for free (we are getting it as a credit towards our closing costs and DP). My husband's work place includes a real estate arm and that is why he was able to get that as a benefit. That being said, we would like to give our agent a gift to show our appreciation for their hard work. Our showings were after work hours (so my husband could see them too) and our agent was very responsive to my questions. I know agents appreciate referrals but the real estate arm of my husband's work only handles property sales that are in the multi-millions. We do not have friends looking for that kind of property. Of course, on the off chance that someone asks about an agent specializing in multi-million dollar listings, I will definitely recommend our agent. submitted by /u/TheHayHays [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jeu7z2/advice_on_gift_for_real_estate_agent/

This is in Oregon. I’m selling my recently deceased father’s house, and my agent has brought an offer from an investor. It’s 5% below market value for the home ($214k vs $225k). No inspection, buying it as-is. Should I go with this offer or should I go on the market? I would like this to be over quickly for several reasons, which is why I’m leaning toward the investor offer. I’ve asked for an estimate of closing costs. The reason I’m thinking about going onto the market is that it’s a large lot. Not quite a double lot, but capable of being used for a dwelling and shop, ADU, or maybe even two skinny houses (though that’s not popular for the area. The market in this area has been surprisingly stable, so there’s no opportunity for a bidding war. Any opinions? submitted by /u/arboreal_rodent [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1je12ti/investor_or_go_onto_market/

I'm looking to develop a tech solution for the real estate industry and want to better understand the key challenges professionals face. What pain points in your field could technology help solve? Whether you're dealing with inefficiencies, communication gaps, or complex transactions, I’d love to hear your insights! submitted by /u/i_flowkid [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1je0by9/what_pain_points_in_realestate_could_technology/

I just purchase a 3 bed 1 bath single family home with a monthly mortgage payment of $1253 including taxes and insurance. I’m occupying one room and renting out the other two for $600 each. I cover the WiFi and utilities which come out to $270. $1253+$270=$1523 $1523-$1200=$323 (monthly net housing expenses not accounting for potential upkeep or repairs) submitted by /u/Similar_Sherbet_8608 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jdzr2d/do_the_numbers_make_sense/

I live in Wisconsin. I went onto realtor.come to request to see a property. The listing agent met me and showed me the property. Long story short, I was told I HAD to submit an offer through her because she showed me the house. I didn’t like the idea of using the seller’s agent but did. I didn’t get the house. Do I have to continue to use this agent moving forward in my house hunt? Also the only papers I signed were the offer write up documents for the house I was interested in. submitted by /u/TullaUlla [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jd8cqc/do_i_have_to_stick_with_same_realtor/

Talked to the inspection company I am using and found it takes them 5-7 business days to get well water results. My contingency window is 5 days. This is my first time purchasing a home with a well. I wish my realtor would have let me known that well water test results could fall outside of that contingency window. I am on day one of my contingency and want to ask the seller for an extension of two business days, so that I can get the results. I’ve seen many sellers on this thread saying they hate extending contingency window. Thoughts? submitted by /u/TemperatureHoliday21 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jd7trk/is_asking_to_extend_the_inspection_contingency/

I bought my FL condo north of Tampa in 2017 for 47K cash, stole it and its in a really good area. It's worth over 200K right now. Bought my current TN home in 2019 with beautiful 5 acres 1800ft from road for 200K financed at 3% and its worth around 350K now. I was looking at considering selling both and getting a 20+ acre rural property and building a home, maybe a barndominium for my home based biz. But then again, I enjoy traveling to my condo to hit up the area and drive over to Orlando for a day of theme parks. Torn, but land prices here will continue to climb and all good property getting bought up. Some being converted into residential tracks. Another idea I had was moving areas to one that isn't booming as much. Perhaps another state. Idk, no idea. Just posting cause I'm bored. submitted by /u/JackMeoffThisYear [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jd6qyc/crazy_prices_i_feel_blessed/

Update: Thank you to everyone who responded to the original post. I’m back with an update and seeking more advice. I’m grateful for everyone on this sub because I don’t have anyone I could turn to for this kind of advice. We ended up getting an offer. The buyer did 2 walkthroughs and after the second walkthrough stated that there feedback was that they were concerned of the roof age/damage… our realtor asked if they could mention a roof allowance and probably too our mistake as we may have played our card to early . We said yes because in the end we assumed we would pay something towards it or other maintenance and as long as it was under a certain amount we don’t really care what the money is used for. Well they ended up putting in a full price offer woohoo! But then asked for a whole new roof (prior to inspection) and us to cover all closing costs. So all in it is way off from a full price offer and pretty much puts us at breakeven. We are in no way going to cover a penny of the...

I understand the differences of these two roles, but can one person fill both roles? I think having a cosigner can help with financing, but I don't see what the cosigner gets out of this. However, if the cosigner lends a little bit of money to become a lein holder, then I can see how they could still get something out of this if the borrower fails to make payments. I ask this as the borrower, but I would be interested as the cosigner/lein holder, too. Also, if it matters, I live in Oregon, but I'm interested in investing in OKC and Oregon. Thanks in advance! submitted by /u/70kyle07 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jch87j/can_a_cosigner_also_be_a_lein_holder/

First time home buyer attempting to buy the house we are currently renting from our landlord. The landlord is asking $156k. She is offering it to us first. It was her mom’s house and she lives over an hour away and has no other properties in the area. They are selling because it just is an outlier and insurance prices have increased. Her mom bought in 2008 for 97k so likely not much left on the mortgage. Talking with people who know the real estate around here, the general consensus is that $156k is a high ask, but not completely unreasonable. When we first talked with her about buying it she said looking at the comps in the area it would be around $148k-$156k and then when I texted her what her asking price was she said $156k. We had an inspection done yesterday, I haven’t gotten the full report back, but there are some major repairs that will need to be done. Gutters are in awful condition and it has caused drainage problems throughout the house because they’ve been bad for a whil...

I am the only one on the mortgage but we’re both on the deed. I want to buyout their share of the property to be full owner. However we have a HELOC. How does that factor into the buyout amount? Is it home value - equity - HELOC / 2 = buyout amount? Or does the HELOC just not come into play at all? submitted by /u/Deciding_Gemini [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jbshep/home_buyout_question/

Due to our location and low inventory in our area, our realtor wouldn't list our current house until we bought another, because she didn't want us to have a buyer without a place for us to go. We are a multigenerational household, so we have specific needs that are difficult to find here. So we did what she advised...we used a cash program through our lender and closed on a house last week. Our current house has been on the market for 3 weeks. A lot of interest and good feedback, but no offers. My question is....would it be wise to count on our current house selling, and to start doing renovations to the home we purchased? If our current house doesn't sell, we don't get to keep the one we bought, so we'd be out any money/time we put into it. The other side of me thinks "take advantage of all this extra time and start things now, so there's less to do after we move in". What are your thoughts? I'm sure this was confusing to read, so feel free to a...

Hi everyone. So a little backgroud here, 35 M, physician. Income 300. (Opportunities to do a lot of overtime but not counting it into this). Wifey is also getting into residency (so will be in the 70’s range for 3-5 year depends on whether she wants do fellowship or not). So for now the total house hold income is 380 with a significant increases after 5 years. We also have a 18 m old baby, who will need nanny. So we have 2 options We really like the house. It’s a townhouse 4 bed. 2.5 bath, No HOA with beautiful backyard that is fenced in, finished basement w 2 parking garage, excellent public school. 10 minutes walk to the grocery store (big deal since my parents will be living with us from time to time and they can’t drive.). The entire neighborhood is in pristine condition even though there is no HoA to enforce it. This house is priced at 800k. It’s basically almost a single family home but w attached walls. I can see this will be my forever home unless we need to change jobs pl...

Hi everyone, I’m looking for a fixer-upper house in or near Houston, specifically between Katy and Sugar Land, or even close to downtown Houston (I know River Oaks is expensive, but I thought I’d ask). My goal is to find a house that needs some work but is in a great, up-and-coming neighborhood with strong long-term potential. •I’m open to homes that need cosmetic updates or more extensive renovations. •I’m interested in neighborhoods that are safe, family-friendly, and have good schools if possible. •Ideally, the neighborhood would be close to major highways for commuting, but also a peaceful and growing area. Any recommendations on specific neighborhoods or areas where I might find these types of homes? Also, if you have any tips on navigating the process of buying a fixer-upper in the Houston area, I’d appreciate any advice! Thanks so much submitted by /u/No-Analysis4258 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jazncs/seeking_advice_on_f...

Hey everyone - finally put together that Discord server I've been thinking about for months. It's all about using AI to make our real estate lives easier. If you're into automating follow-ups, lead gen, social media posting, creating articles, blogs or just want to see what others are doing with ChatGPT for listings - come hang out! Drop a comment if you want an invite. No gurus or course sellers - just real people sharing what's working.​​​​​​​​​​​​​​​​ - https://discord.gg/P2bbjgPhn7 submitted by /u/SubstantialAd5279 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1jaxva5/just_created_a_discord_for_real_estate_ai/

Hi all, we viewed a house to rent from a private landlord about three weeks ago, and applied that night and were told we were approved. He said to expect the lease around a week or so, and move in won't be until May/June. We have not received it yet but I have been in touch a few times to ask a few questions, and was told he's just been a bit busy. I did look him up and he has several properties, and the address to send the application was listed as his address. He's answered my calls or when I text, would he ghost at this point? I won't give any money until I sign and he agreed, I was told it's due within 30 days of signing. He's been very kind so far, I don't believe its a scam. I'm just nervous and don't want to keep bothering him by asking especially when we have a while to go until move in. submitted by /u/Longjumping_Count851 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ja82zy/havent_received_lease_yet_and...

Just had my offer accepted on a home. I'm wanting to find the best price on homeowners insurance but I don't know where to start. It's a $185k 3b1b with a new roof put on in may if 2024 in Scottsville Kentucky. I currently have car insurance through State Farm, and I've heard they may offer discounts if I bundle home and auto but I've heard mixed opinions on if it's worth it. Also is this something my realtor could help with or are they usually set to recommend something that could benifit there partners? Thanks submitted by /u/Xenokaiii [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ja6rv4/cheapest_recommendations_for_homeowners_insurance/

We purchased our 2nd home in December. Moved, settled into the new place, and then finally got our old home listed with a realtor that we really like. With all the chaos and uncertainty in the markets, my anxiety is through the roof. I can’t stop checking Zillow/Redfin to see the viewing stats. Find myself stressing over minor issues with the house that my realtor says aren’t issues to worry about. Anyone else get this way? How did you learn patience and not dwell on this constantly? submitted by /u/MaleficentButton3071 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ja5j9n/just_listed_our_first_home_for_sale_todayanxious/

I’m looking at how to obtain a real estate license online and there are so many different sites. What’s a good place to buy the real estate license course and what else would I need in order to help prepare me to pass that exam? Thank you in advanced! submitted by /u/Magnoliaablooms [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ja6060/licensure/

Hello Everyone, M22 looking to invest into real estate. I live with my family and looking to buy a 4 unit multi family home so I can continue to live with my family and rent out the other 3 units. I want to ask is it worth investing in 2025? What are some of the realities I need to be aware of? Should I wait for the interest rates to lower? How much cash can I expect to put down and have on side to not worry about "shit happen" costs(I'm looking to get into construction business so repair's etc won't be a problem). Any additional advice will be appreciated. Thanks submitted by /u/Alert-Concert-6045 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j9capa/is_it_worth_investing_in_multi_family_units_in/

submitted by /u/Small-Yam3856 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j8m9nd/anyone_here_of_compound_banc/

Hi team I’m 25, and have just moved to melbourne. I have been renting in share houses for last 7 years. And now I’m tired. I earn $75k a year and have like $35k saved up for a deposit and maybe another $10k from my parents. I’m a plain simple person with minimum expenses and I’m tired of the renting and moving hassle. Should I put my foot in with an apartment to start with or keep renting and save up for a house/townhouse ? What are some ideal suburbs (i work in docklands) if I were to buy an apartment to live in ? Also if someone can share some info for a financial planner submitted by /u/Agitated-Squirrel610 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j8lipd/should_i_buy_an_apartment_in_melbourne_for_first/

Hi, I am a first time property buyer looking at raw land to live off grid. I’ve kind of stumbled into an opportunity to buy some land off market at what appears to be significantly below market value. The seller is a friend of a friend of a friend. I am not signed with an agent—there is an agent I’ve been developing a relationship with over the phone but we haven’t met or signed anything, this property came up quick out of nowhere. What kind of representation do I need to proceed? Should I bring the agent I’ve been talking with (who I like) into the fold? If so, how would payment work since I found the property without him? What’s the difference between an agent and a closing attorney? The seller is experienced and savvy, says he is cutting me a great deal to help a young person get started in life, which may well be true, but I know I’m totally outclassed and need help…just not sure what help I need. submitted by /u/misswoulds [link] [comments] source https://www.reddit.c...

Just curious if y'all exist and how you managed to get experience while working full time. submitted by /u/therealjoemama27 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j7y80z/anyone_here_both_an_actuary_re_agent_or_broker/

Hello, I so had a thought that if you had a home but you staged it as a studio to prove somehow the bed, bathroom, kitchen are all just for photoshoots and also list your house on places for renting studios for photoshoots and stuff (not actually renting it to people but pretending) that can you potentially get a massive business tax write off? Also utilities, potentially deductible, high percentage of your mortgage deductible as business expense? Might be hard but is it possible? Also it doesn’t necessarily have to be a photo studio thing but anything, I just said that because your "props" could be a bed for example lol i have not looked into this so I hope my question entertains you in like a "this guys fucking stupid" or "why the fuck didn’t I think of that!" I know I’ve got to be wrong on a lot but it’s just a fun idea I wanna know the answer of haha submitted by /u/Curtailss [link] [comments] source https://www.reddit.com/r/RealEstate/...

Hi everyone! Does anyone have any tips for getting through the colibri pre-licensing course? I’ve had it for months and I’m still not through the first book! I’ve taken the practice tests along with them but I feel like it’s all going in one ear and out the other! submitted by /u/Jazzlike_Limit_1635 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j7wefv/prelicensing_help/

I would like to know why buying a house in today’s economy is better than renting. I am approved to buy a 450,000 house and l have been contemplating the idea of why buying a house is not a good decision anymore. The cons l have is that I’m paying $975 a month on rent for a 1 bedroom and $65 in electricity and garbage and water is included. To buy the same 1 bedroom,1 bath with similar sf would be $275,000. That means if l put $80,000 down my payment would still be $1,600 approx plus the closing costs. I want to understand why buying is still better. What lm doing now is having most of my money in the stock market and adding to it every month. submitted by /u/Necessary-Pickle4831 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j7ud95/is_buying_a_house_a_good_financial_decision/

I’m looking for real problems that can be solved using Python & automation . If you have a frustrating, repetitive, or time-consuming task, drop it in the comments! - I’ll pick the most liked & feasible problems and build a solution. - I’ll personally reach out to discuss & improve the tool. - Only those who actively help in development will get exclusive free access —it won’t be available to others! Drop your problems below submitted by /u/Such_Arugula4536 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j766zi/what_are_your_biggest_workflow_pain_pointsill/

I live in California and commute 1 hr 45 min each way via train and e-scooter or drive the same time twice a week. I rent a room in a relative’s home for $800/month, keeping expenses low. I'm close to paying off my car, eliminating a $650 monthly car payment. I’d rather own than rent, but condos near work cost $560K–$650K. Buying would cut my commute to about an hour by train, however raise my expenses to about $4,000 a month. I feel CA real estate won’t drop, so locking in now seems smart, but $600K for a 1,300 sq. ft., 3-bed, 2.5-bath condo (plus $280 HOA) with a mortgage + utility payment of about $4,000 feels steep. I do enjoy my current financial flexibility. Any thoughts or suggestions? submitted by /u/aizerpendu1 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j74rd5/ca_should_i_relocate_closer_to_job_or_continue/

I have client who has a mortgage that he wasn't paid in 5 months. He was 15000$ in equity. He may be behind 7k. I'm thinking of helping him out. Either a small loan to make him current. Or buy the property and rent it back to him. Maybe make him get some room mates. I'm not trying to take advantage, actually help his get ln his feet. The house will be worth much more if he can hold. Any suggestions ? submitted by /u/adidasbdd [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j6c6ym/creative_financing/

Thinking of renting an apartment while I try to sell my house. This means I would move out of the home I’m currently living in, lease an apartment elsewhere while I try to sell it - leaving open availability to showings. I should be able to afford both but what happens if I suddenly can no longer afford both and prioritize my rent over my mortgage - could I short sell? I’m in a really difficult situation and need to move hours closer to my mother. submitted by /u/ariesguy96 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j6at2o/can_i_rent_an_apartment_while_i_try_to_sell_my/

I'm thinking about buying a mobil home in 4 years.I should have about $80,000 by then.I. thinking about Bishop CA.Fishing and hunting.Does any one know a good finance co.that would finance me on the mobil home? submitted by /u/Secret-Building6542 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j69ynh/mobile_home/

I know the answer is that some do and some don't, but I am curious as to what agents think about the effectiveness of Materport 3D virtual walk through tours in their listing. I have recently been shown a Materport for purchase and I am considering opening a small scale start up to offer the service Any advice welcome submitted by /u/Small_Buy7901 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j69ctx/do_you_use_virtual_walk_throughs_in_your_listings/

Specifically for New Jersey and apartment units. Is there a way to find out if something happened in the apartment you rent? submitted by /u/Party-Hovercraft8056 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j5q9ot/how_to_find_out_if_someone_died_in_your/

My home was professionally staged and photographed yesterday and we are preparing to list for sale. Do I need to re-stage it perfectly for each and every showing? Do you think it's acceptable to have the microwave out on the counter, for example? We have two small kids and plan to keep it as tidy and clean as possible, but also minimize the amount of extra work submitted by /u/superfresh89 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j5ngmi/do_i_need_to_restage_my_home_for_each_showing/

Hi my name is Moses, I'm curious about anyone's experiences managing short-term rental properties (Airbnb, VRBO, etc.) or a large portfolio of properties. With the constant turnover, how do you currently handle post-checkout inspections? I’m hearing that many of you are forced into expensive, last-minute solutions or rely on manual processes that just don't scale with a hug inventory. What are the main pain points you face when trying to verify the condition of a property after a guest leaves? How do you manage scheduling inspections, especially during peak turnover times? Have you experienced issues with delayed or inconsistent inspections that have led to maintenance disputes or negative guest reviews? If you could change one thing about your current property inspection process, what would it be? submitted by /u/Spirited-Stomach-607 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j5kfqa/property_managers_shortterm_rental_owners_wh...

I know someone who is on the fence about selling, but it would really be in their best interest to sell, for a variety of reasons. How can I get them signed up for email lists, etc. from local realtors? Mind you, I don’t want to go on a website and enter their address asking for an appointment or anything (which is what a lot of sites have, apparently). I just think if they suddenly started getting newsletters from local realtors, even if they think they have just been added as a spam thing, it might get them thinking in that direction. submitted by /u/Throwawaythissucks23 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j4otez/nudging_someone_to_sell/

Can someone please help me figure out why this land is so cheap? Is anything wrong with it or could it be just because it’s in an deserted area? It’s around $25k for ~7 acres in south Texas. Could I build a house here (not for rentals or anything, just for my family)? Sorry, just new to this and trying to figure out. I attached a link to it, since that’s all I could really find. TIA :) Full listing: https://www.trulia.com/home/0-old-port-isabel-rd-brownsville-tx-78526-2100341554?cid=shr%257Cwww_mobile%257Cbuy%257Cpdp%253Aoverview%253Ahero%257Ccopylink submitted by /u/bahatbi [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j4sb1x/help_me_figure_out_why_this_land_so_cheap/

I am trying to automate / make repetitive time consuming tasks easier using AI. I am just getting started and looking for advice from Real Estate professionals to make sure I am building something that actually helps reducing your workload and increase revenue. Where do you spend most of your time ? If anyone is interested in leveraging AI in their first, please feel free to DM. submitted by /u/SubstantialAd5279 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j4rttm/seeking_advice_automation_using_ai/

Spec Home has been listed for 1 year and is sitting completed with a 2.5% price drop done just 1 month ago. Builder is still building out the development with 10ish lots to build. What addons are reasonable to ask for instead of a price reduction? Thinking fencing/deck/concrete pad/blinds/appliances? submitted by /u/halh0ff [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j4qy6u/addons_to_ask_for_on_a_completed_spec_home/

Hey everyone, I have been thinking a lot about real estate lately and i know this is the career i want to pursue, im 17 and im studying Finance and Banking in high school and planning to go to university but i dont want to wait years to get started. I see agents closing deals, networking, and making things happen and i cant stop thinking “how do i get there?” I know success in this field takes time, skills, and connections, but i have no idea what the first steps should be, if you were in my position what would you do? How do i start learning the business before getting licensed? What skills should i focus on right now? How do new agents actually get clients? Any books, courses, or personal experiences that helped you? Im motivated and willing to put in the work and just need some direction from people who have been there. Any advice would mean a lot, thanks! submitted by /u/triumph8_ [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j42x9b/im_17_a...

We're first time home buyers in a hot seller's market: one decent house can get tens of buyers interested. Our buyer's agent seem to work for many clients/buyers in the market, which is fine to us. However, we noticed that they recently closed a few houses that we were interested but decided to not giving an offer since the final prices (our projections, after bidding) were likely out of our budgets. However, we went to those open houses, met our buyer's agent there and they never indicated that one of their other clients are giving an offer. We just want to know if two of the agent's clients are interested, is the client obligated to disclose and transfer us to another agent? Otherwise, it is clearly a conflict of interest. What is the process of transferring another agent there? Why did our buyer's agent never disclose although we indicated initial interest? EDIT 1: Our state is California. submitted by /u/epipolar_gineer [link] [comments] sourc...

My house was listed September 24, it was pending within the first week. My agent listed higher than the initial price point (I’m guessing knew of a potential buyer who could go higher and my house was what they were looking for- same agency but different buyer agent). Week of the closing the buyers backed out due to an abstract issue. They wanted to rent out but my abstract says you can’t operate a business on property. My attorney said I can’t fight it, keep the earned and just relist it. I had had a really bad winter for this area which is likely reason no offers yet. I’m hoping spring it will be different. We’ve dropped it $15K so far so we are finally at the price it was supposed to be listed at. I’ve had 13 showings since 1/17. Most reviews say the price is too high. My agent also advised I may need a structural engineer to come out. Someone wanted house but walked due to a basement wall. The wall in question has 2 pilasters so people assume the wall isn’t stable but I think t...

Hi, I am in Florida and have my house listed for sale. My agent notified me last week that his entire firm is not able to edit our listing on the MLS because there are a couple of non-paying agents on his firm's roster. We decided on a price cut and an open house last week and he was unable to put either on our listing, so our house is still being listed for a higher price. He said he is working to get the non-paying agents removed from his firm's roster but so far he has not accomplished this...he keeps giving me timelines that have not panned out (first that it will be done last Thursday, then Friday morning, then Monday, etc...) My questions are, how long should this typically take to resolve? Should I be concerned? If a showing request comes through will it still be received even though he cannot make changes on listings? We have not had a showing request in a month and I am now unsure if it is because of this incident or if our house is priced too high. I would ask my r...