r/Realestatefinance

My wife and I put an offer on a bank owned home that would need some extensive rehabbing in the state of Colorado. It’s been on the market for 300+ days. We found a lender willing to lend on it. Through our agent, went sent the offer. A few days later we were told there was 3 other offers and to give them our best offer, which we informed them the original offer was our best offer. Weeks went by and the listing’s asking price dropped another $10k. Our agent inquired and through a “portal” found out our offer was rejected or let to expire. We asked if he could ask why it was rejected, or if they could counter and the listing agent never responded. Now 2 months later the house is under contract.

Aren’t we legally entitled to a reason as to why our offer was rejected? My wife and I suspect the listing agent was lying about other offers, isn’t that at least unethical? I’m unsure what the correct word I want to use, but we feel we were discriminated against, or unfairly not given an opportunity to purchase. Are there any ramifications if the house sells for less than our offer or close to our offer?

Most of what's written on AI tools for CRE work is either too generic or assumes enterprise budget that individual analysts and smaller firms can't access, so putting something practical together from a real estate finance perspective.

Chatgpt plus at $20/month is worth keeping for the drafting and communication layer. Treating it as an analysis tool rather than a communication tool is where most people run into walls with it.

The gap chatgpt leaves for real estate work is the sourcing problem. Market data, underwriting assumptions, anything you'd need to defend in front of an investment committee has to be verifiable and chatgpt (or even Claude) can't do that without one having to check each. Perplexity pro at $20 has a meaningfully better citation layer for market context. For the document-heavy analysis side, the purpose-built real estate subscriptions cover what neither chatgpt nor perplexity can do.

On the purpose-built side, the subscription tiers that have appeared for individual analysts Leni start at $25/month for a data-protected real estate environment, which is important for anyone processing sensitive deal documents. At a higher subscription leni's pro runs document analysis on CRE deal packages with citations back to source sections, monitors portfolio metrics with custom alert thresholds. 

Chatgpt plus for communication and drafting might be okay, perplexity for sourced market context, Leni is the best one for the document-heavy analysis depending on deal volume.

We have been in our home for 10 years and have a 2% mortgage interest rate. We love our neighborhood. It is safe, has great schools, and we have many friends in the neighborhood. Why move? Well, a very large data center is being built .3 miles from our home. I do not want to live that close to a data center. Would it be crazy to move? The interest rate alone is the hardest thing to get over.

Update with new info: I have thought about renting it out to keep the house as an asset. I would be looking at a profit of around $1k a month by renting it out based on some comps in the area. That number doesn't account for any maintence that may arise. My worry with keeping it is would I decrease my chances of renting it out or selling it because it is close to a data center?

I’ve been spending some time researching digital ownership and alternative capital formation models in real estate, and I’m trying to understand which platforms are actually usable from an operational and regulatory standpoint versus those that are mostly marketing.

I’m curious whether anyone here has looked into platforms like this seriously from the real estate, legal, investment, or sponsor side.

Mainly interested in questions like how realistic implementation actually is, whether onboarding/compliance becomes overly burdensome, and whether there’s meaningful investor appetite for these types of offerings outside of niche tech audiences.

Would be interested in hearing perspectives from people involved in.

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

Family property (vacant land in NC) was signed over to me and my spouse in the late 90’s. My parents inherited some of it in the 80’s and purchased some of it in the early 70’s. When this land sells now, the capital gains will be huge. I am not even sure how to go about calculating the basis. For the inherited portion, would it be the stepped-up basis from the date my parents received it? No records exist for the sale in the 70’s. Should I try to find comparable sales from these time periods?
Thanks for any ideas to calculate the basis and minimize these gains. A 1031 exchange doesn’t work for us right now unfortunately.

hello, I'm trying to get my first fix and flip and have no idea where to start. I have about 30k saved up but would prefer not to use my own money. I would love a mentor or just someone tell me where to start to get the cash to do this.

Me and my fiancé are looking to buy our first house soon. We would like to be able to sell it and upsize in a few years. I am curious how the first time homebuyer tax break of 250K per individual works when selling the home.

Firstly, it seems like the first time home buyer status may work multiple times if you do it right. Am I understanding that correctly?

If not, can I buy the house, take the loan, and put the title in my name, then when we sell I get a 250K tax credit on the gains. If she repeats the process for the next home can she also get the 250K rebate?

How does this change when we get married? Can I sell the first one for a 250K tax credit on gains and then we buy one together and get a 500K tax credit (filling jointly) on the second or do we forfeit the other tax break due to me using the first one?

Am I looking at this all wrong? Looking for some pointers if you guys have any insight into this before talking to a professional.

Thanks!

My sister and I are on the title of the house. My brother is an earning adult as of last year and has been living rent free. I told him that he'll need to pitch in since he now has an adult job but he's refusing. My sister stated twice that she wants to relinquish/sell the house. Then I sent a lease agreement and a demand letter to my brother bc I feel like he's taking advantage of the fact he's not contributing to his housing, water, utilities, ect. He has viewed but not acknowledged, declined, or signed the lease agreement; and has not acknowledged the written demand. Then my sister declared that the lease agreement and the demand letter are void so that my brother doesn't have to contribute financially. Is this legal and what are my options?

We (my sister, brother, dad vs me got into a fight recently) and I believe she is siding with my brother to spite me. And yes I'm the same poster that posted about my dad trying to make my cat "contribute financially" since my brother would be contributing financially.

I discovered a great home in a perfect location for my kids, scheduled for tax auction in a month. I’d be a newbie to the auction process plus my pockets aren’t deep enough to compete head to head with well funded experienced bidders. So I’m contacting the owner ahead of the auction to see if he’s open to selling outright before the sale, for the amount of his debt plus moving costs and his first few months of rent somewhere else, totaling ~$105k. If he consents to that price (and of course agrees to pay off the lien with the proceeds), I would hold the property and make needed repairs while my first-time-homebuyer kids shop for funding. It’s a long shot but if he accepts, would the low price Im paying him vs its estimated market value of $350-400k trigger a gift tax or other problem? And same question for when I turn around and sell it to my kids for the same spread (what I’ve spent on it vs open market value)? — I know the latter would not be considered an arms’ length transaction, but what about the former? And one more thing, of course I’ll run a title search, but will that turn up any possible IRS liens as well? (Property is in the name of a family trust if that matters for any of the above, but I do understand that liens attach to the property not the delinquent owner.) — This is new territory for me but it’s a rare opportunity to make a real difference in my kid’s’ financial future so I hoping for advice on how to best make it happen without making big mistakes.

I sold my home and I want to buy it back if possible. It was also my Grandparents home.  I completely understand that this is far fetched and a huge ask of the new owners. I did not realize what a huge mistake I had made until now. I have felt misplaced since I left there and would do anything to purchase the home back so I could live there for the rest of my life. I did reach out to the new owners and they were willing to consider it so I made them an offer of $470k they paid $420k. They said that would not work and I asked them to give me a number and they only said it would need to be significantly higher than what I offered. I agree and would feel the same if I were in their position. I would like to go back to them with another offer. Does anyone have any experience with a similar situation?

Hey everyone,
I’m building a small AI tool and I’m trying to standardize how real estate deals get broken down into simple, consistent data. Right now I’m testing a format that takes a property and returns something like:
estimated price vs market context (rough)
rent estimate range
repair level (low / medium / high)
basic cash flow snapshot (if rental)
overall “worth analyzing further or skip” flag
short explanation of why

I don’t have a product yet, just testing structure and consistency of the output.
If anyone wants, send me a Zillow/Redfin link and I’ll run it through the format and send it back in a clean, consistent breakdown.
Trying to see if this type of structured summary is actually useful or if it needs to be completely reworked.

I'm living up in NY and just inherited a family place down in North Carolina that's honestly in pretty rough shape. I really don't have the time to keep flying down there to find contractors or host open houses, especially with the whole probate process being such a headache already. I'm mostly looking for a way to just sell it directly so i can sign the paperwork and be done with the whole thing.

It would be so much easier than trying to handle a huge project from 500 miles away. The house is okay structurally, but it needs at least $35k in work, mostly just dated interiors and an old HVAC, before a regular buyer could even get a loan for it.

So I'm definitely looking to sell it exactly as it is because I just can't deal with a renovation right now. Any advice?

The thing that finally made me build this: every Zillow listing turns into the same 40-second chore. Copy price, sqft, beds, baths into a spreadsheet. New tab for property tax. Eyeball rent. Cap rate by hand. Times 50 listings a week, that's an hour I'd rather spend walking a property. All the inputs are right there on the page. Zillow just won't connect them for you.

I built a Chrome extension that overlays the numbers I actually want on every zillow.com/homedetails page:

- Estimated monthly rent (Random Forest model trained on tens of thousands of public rental listings)

- Cap rate using the actual property tax pulled from Zillow + itemized expenses (not the lazy 50% rule that overpenalizes low-tax markets)

- Cash-on-cash with user-configurable assumptions (down payment %, interest rate, insurance, maintenance, vacancy, management)

- Days on market + saves with a 7-tier demand pill: insane / very hot / hot / healthy / mild / cold / dead

- Zillow's own "sells faster than X%" indicator when it appears

- Price reduction history

- A 0–100 composite deal score

- Save listings to a list with one click + CSV export

It's called Homes Plus Free: 10 lookups/month plus weekly bonus credits when you sign in. Pro is $19/mo (or $199/yr) for unlimited lookups — no upsell pressure in the overlay itself.

Web Store: https://chromewebstore.google.com/detail/ohimgedgfajhdaghfappeelfbombmeki

What I want from this thread: brutal feedback. Things I already know are imperfect:

- The rent model is more accurate in some markets than others. The overlay shows a "limited coverage" pill when it's degrading to broader fallbacks, so you know when to trust the number.

- Pure rental investors won't care about half the demand signals (saves/day matters more for flips and quick-resale plays).

- No comps view yet. We'll reintroduce a max-allowable-offer once comps are wired up. Using the list price as ARV is meaningless.

Please try it on a listing you know well and let me know how far off the rent prediction is. That's the metric I most want to improve.

— Ben, eCuras LLC

I am currently looking at listings and other info out there but wanted to talk to someone who has experience so I can figure out if this is something I want to do.

Hello,

I own a large commercial Mill building. The shell is good, it has great bones, but it's primarily used for storage at this time.

I have someone who has been after me for a while ​to purchase just the top level of the building in order to create a residence for themselves. Cost doesn't seem to be an issue.

I'm hesitant to jump into moving this building into a condo association, as I use it for my other business and would need to retain ownership of the other two levels. In theory, I could retain ownership of the two bottom floors, and sell just the top floor.

The person who wants to build out a residence for themselves is fine with a condo association. I'm hesitant because I would have to subdivide the property, removing that one building and putting it into a condo association. I would then have to give myself ownership of the other two levels and sell the top level to this individual.

It's a pretty complicated situation and I understand them wanting to have equity if they are putting money into the property. If it was up to them, they would buy the building from me, but it's not for sale.

Is there another option? Or is the only way to accomplish this through a condo conversion?

TIA!!!

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?