r/Real_Estate

When I was a teenager I speculated on crypto and somehow made 250k through sheer luck.

I bought my house at age 22.

Listed it for $965,000 last month bc my realtor told me so. I felt guilty because I thought that was too high.

I made multiple posts in this subreddit and called multiple brokers that I will take lowball offers. Everybody laughed at me and nobody took me seriously.

I decided to sell to a young family at $800,000 under market value. They asked me why I’d lower the price for them and I told them I would never take money from a family as a single man.

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Renovate/addition vs Buy — numbers favor renovating but want a sanity check
• $650K home, $275K mortgage at 3.25% with 14 years left
• $600K addition (350K cash + 250K HELOC) → ~$1M post-reno
• Alternative: buy at $1.2M, 50% down, 6.5% 30yr mortgage
Every time horizon I model (10/15/20/30 yrs) favors renovating. The 3.25% vs 6.5% rate gap seems to be the dominant factor. Am I missing something that flips the calculus toward buying?
Going from 1,700 sqft to 3,000. Houses in the 1.2M price range still need work (don’t have the same great amenities of proposed reno like new kitchen and upgraded mechanicals)

My mom is selling her Florida condo and my husband and I happen to be on the deed (for probate purposes, as well as us cosigning for her in a past Refi). She has lived in this condo for 20+ years, paying full mortgage/taxes (has homestead exemption)/HOA assessments and fees, etc. Are we subject to capital gains taxes since we're on the deed? We would prefer for her to receive 100% of the proceeds with the transaction but not sure if that's possible and if it is, does that release us of any tax implications?

Hoping for a little advice here! We purchase a gem of a townhouse winter 2022 in NELA (think Eagle Rock/Highland Park area). We have picturesque views of mountains, and are walking distance to everything and there are under 20 units here. We paid 825k for a 3 bed 3 bath 1500sq ft. With HOA fees, prop taxes and a 6.5% interest rate it amounts to about $5700 a month. I knew that condos take longer to appreciate, but I'm just really feeling the monthly spend on this place and wondering if it was a mistake. We could prob sell for about $875k (thats what im seeing from other units).

We bought in Nor'Cal in 2016 but sold to move to LA and missed the 2020/2021 low interest rate craze because we were still tentative about staying in LA. I feel like getting out of the housing market killed us so I'm nervous to get out again.

One additional thing I'll add thats more emotional than anything, is I'm afraid of getting "stuck" somewhere. We are DINKS who have moved for work in the past. Part of me thinks having property here that will take some time to appreciate is good because it gives us roots... the other part worries that we could end up staying tied here should the market crash etc and we could miss out on moving for a job opportunity etc.

Your thoughts are so appreciated!

EDIT: we both work from home. So two bedrooms serve as offices. It wasn’t buying too much house, it’s the space we needed and it’s a townhouse not a SFH.

Shopping for a listing agent in Lafayette. Everyone I talk to has excellent reviews. 4.9, 5.0, hundreds of reviews, good sales stats. I'm finding it impossible to differentiate based on the standard signals.What's the actual due diligence process for picking a listing agent when all the surface-level indicators look similar?

I've been spending way too much time looking at listings lately ,after a while they all start to feel the same nice kitchen, living room, bedrooms, backyard...and it feels like they all show the same basics. I'm curious what would've helped you decide whether a home was worth touring especially if you're buying your first home.

Hey guys - I’ve seen a lot of people comment about the Entry Education course and ask questions. So here is a brief outline of my experience and opinion.

I enrolled at another provider that is based out of QLD to complete my VIC Cert IV.
Made the move to Entry after 10 weeks of trying to make any progress (and failing).

Entry Education’s support and hours they were available is amazing. I could only complete the course after work hours and they were available even at 9pm.

I thought I’d share my experience if it helps anyone make the tough decision of where to go for their study 😊

If you’re looking at options - call and speak with them first.

Hey guys,

Been trying to sell two apartments on Phuket (CityGate and Legendary Phuket) for more than a year, but it does not move at all. Good photos and price are a little bit below market.

Can anyone share their experience and maybe recommend better agents in order to move on with it? Quite desperate at this point. Had real estate experience before in the EU and UAE, and it was much easier for reselling compared with the current Phuket situation.

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So i am 19M and I live in teir 2 City(Nashik, Maharashtra)

I work as a real estate broker

I have been trying hard from the last 1.5 Years to make a good sale,but can't make any despite having great projects in my city which NO one even has.(Other Brokers) Despite all of this I am trying my hardest going to different exhibitions,expos distributing pamphlets sticking then on various places like (Street lamps,Those Red Boxes DP,etc) also did digital marketing and spend the remaining money.

In this 1.5 Years of time I got stuck in 4 Lakhs of Credit Card Debt cause i am the bread earner in my family (My dad passed away when I was 4 years old) Mom does jobs but can't make enough for rent and other things.

What should I do I am getting suicidal thoughts ?

Note : I am not scamming people by selling the wrong land parcels or selling them more than the market or selling lands which are under legal issues,

Doing an Honest Work still Nothing

What do I Do ?

We’ve walked 300+ open houses this year across Miami, San Francisco, the Bay Area, and LA - and we’re heading out again this weekend.

The biggest lesson: if you walk the right open houses, you learn the market faster than almost anywhere else. You see what buyers actually value, what sellers are overpricing, which renovations matter, and what listing photos quietly hide.

In our latest video, we compare Miami and San Francisco using real listings we track. Miami has plenty of homes sitting, cutting prices, and waiting. The Bay Area is a different animal - many homes we walked already sold, often above asking.

Same process. Two very different markets.
Full breakdown: https://youtu.be/pMPzVPJpaQM

Curious - do you treat open houses as market research, or just weekend real estate theater?
This week we are in Coconut Grove / Coral Gables / Pinecrest

https://preview.redd.it/tkqgpxc2huah1.png?width=1024&format=png&auto=webp&s=912737eaa38a2b9779f9c948ef5cf61decf8c079

Hey everyone,

I’m looking into the Franklin County pre-foreclosure market and wanted to see how local investors are pulling data around here.

If you are scraping raw data directly from the county sites (Clerk of Courts CIO or Recorder's Cloud Search), what are the best case type codes, civil codes, or keywords you look up to spot them early?

We are applying for a home equity line of credit on our coop. The bank wants the original proprietary lease and stock certificate. I do not know where they are. I was told that our original bank would’ve required it and returned it when we paid off the mortgage. We paid it off early. I don’t recall ever getting it back. Can I swear to it? No. But I don’t remember ever getting it back from them. The original bank has long since ceased to exist. I certainly can’t ask the lawyer that handled the closing if we had to give it in for the mortgage (he likely died a while ago). What can we do?

After our house has sat on the market for over 8 months, we officially cannot afford to keep it. We moved to a new home (long story, no time) and tried to sell but instead we’ve just been paying for two homes. So we are opting for open door. We filled out the prompt, got an offer, signed it all and sent it back. They scheduled an inspection for Monday. It’s an older home but in good shape for its age. They already have $20k allotted for repairs. I have read that they try to raise the repair price after inspection. The house doesn’t need $20k in repairs as we’ve done them and started to renovate before moving out. I guess my question is, how often do they try to get more money for repairs? How long does it take to hear back about new pricing? Any information helps.

Yes we need the home gone but also have other debt we have to pay off with the (already lowball) offer money. Just looking for someone with any kind of experience with open door and their inspection process!

When y’all reduce a price a home from $548k to $546k you are just bumping it in the listing notifications. Clogging up my feed. We see it for what it is.

It’s not a real reduction at less than 0.4%. The market is telling you it’s too high, simple. Did you calculate that? Taxes are already at 2%

Put your big girl panties on and have a real honest conversation with the seller that 8-9% is a real price reduction. That’s actually your duty to them. No one liked it after the open house, it’s sitting.

Actually, I came to the open house in the last 10 min. I was the first one to sign in. First hand account. I liked it, just not at that price. I would have to put about $80k of greedy fairy equity money the sellers feel they deserve back into the house. $3k slapped down countertops does not equate to $50k of equity.

Y’all - just stop. Either price it to sell in 2026 and be real with the sellers or take it off and stop screwing with the data.📉

EDIT - in my writing it was a typo in my numbers at $500k and $480k it’s 548 - it’s less than 4%. I’ve been doing math all morning and yea. I can do math better than I can type.

I'm looking for a large 5 bedroom; 3 bath house in the Nashville area to rent. Looking for 1 bedroom to be on the ground floor as one resident cannot climb stairs. Should have one bath downstairs. Need the downstairs bedroom (a secondary bedroom) to be at least 12x11, with an obviously larger master bedroom upstairs. Prefer to be within 20 minutes of downtown Nashville. If you know of anyone who might know more about where to find unique finds or you have any insight (Zillow has not helpful), please let me know.