r/Real_Estate

Seller backing out last minute because a relative looked at Zillow. Walk away?

Had a verbal agreement on an off-market deal yesterday. Seller was super motivated, house needs at least $40k in work. Sent the contract over, heard nothing.

Reached out this morning and he says his brother told him Zillow says it’s worth $60k more, so now he wants retail price.

I feel like once family gets in their ear, it's a lost cause. What would you guys do in this situation? Any advice on how to salvage this, or should I just move on to the next lead?

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u/Maleficent-Shake-249 — 2 days ago
▲ 3 r/Real_Estate+1 crossposts

House hunting in the Detroit metropolitan area

I'm here to commiserate.

What my experience has been is either the homes are god awful and over priced, or the ones that are well maintained go for way over asking with full appraisal gap coverage.

I looked at a house a few weeks ago... Listing advertised the addition of plantation shutters. Meanwhile, all the windows were 100 years old and literally painted shut/non-functional.

What has your experience been like?

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u/Dependent-Impact-679 — 2 days ago
▲ 21 r/Real_Estate+2 crossposts

I built a simple rental property calculator — feedback welcome

I built this, so mods please delete if it’s not allowed.

I’m a landlord and looking to get into more rental properties, but was sick of the stupid calculator / advice sites out there. So being a software engineer by trade, I decided to try and give back to the community a bit and I built a quieter rental property calculator.

https://nonoisetools.com/tools/property/rental-property-calculator/

It estimates cash flow, yield, break-even rent, and basic return assumptions. It’s not tax, legal, mortgage, or investment advice — just a simple way to sanity-check early numbers.

I’d genuinely appreciate feedback from property people. Are the assumptions clear? Anything obvious missing?

u/Embarrassed-Word-977 — 2 days ago
▲ 3 r/Real_Estate+2 crossposts

Anyone used CountyPull lately? Is it worth it?

Hey everyone, I'm looking into pulling some fresh lists and came across CountyPull. For those who have used it, how’s the data quality compared to the usual tools like PropStream or DealMachine?

Is it actually pulling direct/accurate data, or am I better off sticking to the standard platforms or going straight to the county recorder myself? Appreciate any insights!

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u/Few_Ferret_6997 — 2 days ago
▲ 1 r/Real_Estate+1 crossposts

[LANDLORD-US-TX] Have a tenant moving in and I'm requiring renters insurance. Agent says it only covers personal belongings. I thought there are policies that cover otherwise.

My agent says renters insurance only covers personal belongings, but I have researched that it cover as a first line defense in case the tenant has a accident.

Wondering what to do, or any suggestions?

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u/ComprehensiveLie827 — 4 days ago
▲ 23 r/Real_Estate+1 crossposts

HOA is doing things on the inherited property and sticking us with the bill! HELP [SFH] [FL]

My mom inherited my grandma’s house which is in a private old persons community with an HOA. Mom has been paying the bills on the house for a YEAR waiting for it to get sold but now that there’s somebody finally trying to buy it (please note: the people trying to buy it are investors planning to rent it out) the HOA has suddenly decided to hire all of these upkeep services and is saying that Mom has to pay for it before she can sell the house. The only reason we found out is because of grandma’s nosy neighbors who called us and told us! The services include uprooting grandma’s fruit trees, repaving the driveway, and God knows what else. They’ve been hounding my mom to try and get her to do these things but she hasn’t because she’s trying to sell it! So why would she do all of these made up things that the HOA has come up with? They want to repave the ENTIRE DRIVEWAY because a few of the bricks on the side are cracked. HELLO?!

So what I’m asking is, isn’t there some way that mom can circumvent these made up HOA hired services and sell the house anyway and/or have them direct these service bills to the new owners? They say they won’t approve the new owners until all these made up things are finished. But mom can’t afford that! She’s already taking a loss on the sale of this damn house!
PLEASE HELP

Edit: I want to specify that we do NOT live in this house. My grandma died and left it in my mom’s name without her knowing. My mom and her mom were not close and this house is an hour away from where we live. Mom took on the sale of the house as a nice thing to do and didn’t expect the sale to take an entire year. The house is empty. Apparently, the HOA was hounding my grandma when she was alive and living there to deal with the tree and other stuff around the property but she just dgaf. So now that grandma’s died, they’ve told my mom about all the stuff they were trying to get my grandma to do but it’s a lot and mom can’t just scrounge up thousands of dollars when she’s already spent thousands of dollars just to pay the house bills and community fees, including the HOA fee for this house that we don’t even live in. So THAT’S what I’m getting at. I know that ultimately it’s just that mom is screwed and grandma kinda screwed her over but hence why I’m trying to ask if there’s anything mom can do to push back or at least get them to ease up even if that’s a pipedream. Especially considering (idk the full details but so take this with a grain of salt ok, I’m just spitballing here) if all of these thins were so important to the HOA, why didn’t they kick grandma out during the 20 years she was living there? Yet now that she’s dead and they can stick mom with the bill, they’re just going crazy doing all the things they always wanted to do?

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u/svps98 — 4 days ago
▲ 1 r/Real_Estate+1 crossposts

THREE prices for RE

First price, +6% hike: buyer and seller’s agents involved.

Second Price, +3% hike, Only 1 Side has agent representation.

Third price, +0% hike, no agent representation.

Why would buyers want to pay MLS prices for a service that’s not being provided? Sellers are greedy and their greed should not be compensated.

Keep in mind that MLS prices are inflated to cover for associated fees, that is not the true value of the asset.

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u/Affectionate_Ad2145 — 4 days ago
▲ 3 r/Real_Estate+4 crossposts

Looking to connect with investors, agents, and lenders Nationwide

Hey everyone,

I’m looking to expand my network and connect with active players across the country:

  • Seasoned Investors & Wholesalers: (Flippers, BRRRR strategists, and multifamily operators)
  • Investor-Friendly Agents & Brokers: Who know their local submarkets inside and out
  • Hard Money & Creative Financing Lenders
  • Fellow Student Leaders: Running real estate organizations at other universities

Drop a comment below or shoot me a DM

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u/Few_Ferret_6997 — 4 days ago
▲ 3 r/Real_Estate+3 crossposts

Free content audit

Hey guys, I’m looking for 3 testimonials for my portfolio. I would like to give a content audit on what you could improve + what content you should post + a lead funnel system recommendation.

For who is this?
You already post content
You have an audience
You respond quick
And ofcourse your serious.

If you want to get the audit for free send me a message :)

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u/Candid_Ad7571 — 6 days ago
▲ 2 r/Real_Estate+1 crossposts

270K predicament!!!

I’m in a predicament and want guidance on what my next step should be. I’m getting into project development and I have a deal set up already where I’m making up to 500K profit i’ve secured 700k which completes the build (got really lucky I have bad credit) I’m missing 270K i’ve exhausted all of my resources for additional funding. I’ve talked to a couple lenders to see if I could share the profits to get the rest of the funding and I am having no luck…. This is my first build ever and I’ve only been doing real estate for a few months any idea where I can get help for the remaining?

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u/Realistic_Bus610 — 9 days ago
▲ 1 r/Real_Estate+1 crossposts

Tips on steps to buy property or land

This is suuuuch a scary prospect now a days.

I refuse to ask chat gbt, or AI and would rather ask people.

Life is in predictable and truly don't think that ai could understand every scenario possible like a person can.

I work full time, I make 2k a month.

I don't want to put EVERY dime I have into rent and utilities on a place that won't be mine after a decade. I refuse.

It's insane how things are now.

I digress, what should I do to buy land (here in Baldwin County Alabama).

And if I want to buy land, how much do I save, how much to I prepare to put into it, what do I prepare to put into it at all? What if I want to put like 2 tiny houses on it or a trailer?

How much should I save and how often?

I would much be okay renting on private property but can't find that here at a reasonable price.

Another note, I'd like to move out of the country lowkey lmao. Ideas?

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u/sherlocked19 — 9 days ago

Is getting a real estate license worth it just for "House Hacking" my own deals?

My brother (24) and I (25) are currently renting a home in Orlando with a few roommates. We both graduated recently; I’ve been working in finance for a year making $70k (plus a valet side hustle twice a week), and my brother just started a healthcare role making $70k.

**The Plan:**
We’ve decided to stay in our current rental for one more year to maximize savings. Our goal is to start house hunting about four months before our lease ends.

**The Strategy:**
We plan to buy a home together, live in it for a year, then buy a second property. At that point, we’ll move into the new one and convert the first into a full-time rental.

**The Hack:**
Our younger cousin and a few friends are finishing their Master’s degrees. Since their portion of our future mortgage would be lower than average Orlando rent, they’re on board to move in with us. This would significantly offset our monthly carry costs.

**Company Perk:** My employer offers a $7k contribution toward a down payment for first-time homebuyers.

**The Question:**
Given that we plan to do this multiple times, does it make sense for me to get my real estate license?
The primary goal would be to act as my own agent to capture the buyer's commission (typically 2.5–3%) and apply it toward closing costs or the down payment to reduce our "out-of-pocket" entry price. However, I’m wary of the startup costs (pre-licensing courses, state exams, MLS fees, and brokerage splits).

For those who have gone this route for personal deals: Was the commission saved worth the administrative headache and recurring fees, or am I better off just finding a solid investor-friendly agent?

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u/Free-Actuator-5238 — 9 days ago