/r/Real_Estate

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A reddit for all things Real Estate. Consumer information on the real estate market, mortgages, buying, selling, etc.

A reddit for all things Real Estate where people can share knowledge, expertise and ask property related questions . Consumer information on the real estate market, mortgages, buying, selling, etc.

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Related Subreddits:

/r/ApartmentLiving

/r/Decor

/r/PropertyManagement

/r/RealEstateTechnology

/r/RealEstateFinance

/r/Real_Estate

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1

Selling house another offer after accepted

I’ve accepted an offer of £131.5k (a bit above my listed price) last week, but unfortunately, I’ll incur an early mortgage repayment fee of £3.5k. Recently, another buyer has made a higher offer of £135k, which would offset that fee.

From a neutral perspective, do you think there’s a higher risk of this new buyer gazundering before contracts are exchanged? Based on your experience, what would you recommend I do in this situation?

3 Comments
2024/11/18
13:54 UTC

0

Investment Opportunities With 35% To 50% Returns Per Year

https://preview.redd.it/yy9p5l4que1e1.jpg?width=1600&format=pjpg&auto=webp&s=fc51a5eedf2f8471565333ea56ae6a012bcf7d61

Namma Family Group Proudly Present Investment Opportunities For Our Valuable Clients / Investors.

Our investment plan is a high return on investment plan. We give 35% to 50% profit per annum in this scheme.

Example : If you invest Rs.50 lakhs with us, you will get a profit of Rs.17,50,000/- To Rs.25,00,000 at the end of the year. Totally You Will Get 67.50 Lakhs To 75 Lakhs. Investors can get steady income through it.

You won't find this much profit anywhere else. If you invest your money in FD you will get Minimum 7% To Maximum 10% Per Year Return On Investment. But if you invest with us you can get 35% to 50% Profit Yearly.

Apart from that a property registration agreement will be made in the name of the investor for assurance.

2 Comments
2024/11/17
07:03 UTC

1

Do I need a lawyer local to the property or to me?

I own property with family. Yes, it's awful. I anticipate the need for a lawyer in the future. I live in the same state as the property but at the opposite end. Do I need to, or would it be more beneficial to, have a lawyer near the property, or local to me?

2 Comments
2024/11/12
14:44 UTC

3

RentSpree Sharing Tenant Reports with Clients How do you securely share tenant reports with clients?

For those of you working with clients who want full visibility on tenant screenings, do you have a system for sharing reports safely? I used RentSpree recently as it has a report-sharing feature. Wondering if anyone else used it does it actually make life easier, or are there other platforms you prefer for sharing sensitive info with clients?

1 Comment
2024/11/11
19:20 UTC

1

Questions from a young aspiring real estate investor!

Hi! Quick Question: As a Senior in Highschool, My goal is to become a real estate investor/multi-millionaire mainly with multifamily investments and possible commercial deals in future, what course/college you need to attend, to increase the probability? (Big dreams I know but I’m ready to put the effort in!!) I have 2 paid REI Internships Right now so I think I’m kinda going on the right path!?

Should I work towards my realtor license? I’m 18

Im going into Finance major and MIS minor (Open to pursue something else based on yalls input!) am currently in my application process in-state Texas and I am quite confident I can get into A&M (For the wonderful connections) but not totally sure about Ut Austin. I also plan on ED'ing/Early Committing to a low tier ivy such as Cornell or Brown since it would be feeder schools to a great finance job just to create some initial capital!

What are the important factors to consider when selecting a college? My bachelors can be from a decent college. But for masters I want to go for an IVY league if possible. It is better to get good GPA from a decent school, or low GPA from a good school, to gain admissions to a reputed MBA/ IVY MBA like UPenn?

What do yall think like what school I should go to for connections and really kickstart my career the best! Thank you so so so much in advance :)

2 Comments
2024/10/27
06:35 UTC

1

Los Angeles/Glendale Apartment management company

Any suggestions? Property is in Glendale

0 Comments
2024/10/25
21:11 UTC

1

Quick Opinions!

Hi!

We’re working on a new app that aims to simplify and improve the home buying experience, and we would really appreciate your thoughts on home buying, regardless of what stage you’re in. Please take a few seconds to complete our short survey here: https://forms.gle/LSCLGyHbSZnbviQB8

Your insights will help us create a better solution for homebuyers and sellers. Thank you for your time and valuable input!

0 Comments
2024/10/23
00:01 UTC

2

Which is better- Residential Real Estate or Commercial Real Estate?

Hello everyone. I am new to real estate sales, on the front lines. Would really love to understand which line of trade is better to enter as a real estate agent- residential or commercial? I would love to understand the challenges, promises, and sales processes for the both. Thank you in advance.

6 Comments
2024/10/22
09:33 UTC

1

Real estate professionals, what are your data collection needs and experiences?

Hi Folks,

I'm researching how real estate professionals use web scraping and data collection. Could you share your insights?

  • For what specific purposes do you use web scraping in real estate?
  • What kinds of websites do you typically target for real estate data?
  • How do you currently manage and process the data you collect?
  • What methods or tools have you used for real estate data collection?
  • What challenges have you faced in collecting and managing real estate data?
  • If you could design the ideal real estate data tool, what features would it have?

Your experiences and thoughts will be invaluable in understanding the current needs in the real estate industry. Please share in the comments or DM me if you prefer.

Thank you!

3 Comments
2024/10/17
11:29 UTC

1

What to watch out for when buying off market

I am considering buying an off market single family home in the Bay Area from a neighbor who is a retired realtor. I'd like to know what to look out for throughout this process. The home has clearly been well cared-for, and owner/realtor is a neighbor so I inherently trust him more than a stranger, but I certainly don't want to be screwed, especially since this is a higher price point than I'd been looking at. Comparables in the neighborhood are priced at or above the asking price. I'm not a realtor nor especially savvy, but I have purchased one home before.

4 Comments
2024/10/16
16:14 UTC

1

Property management

I am Scott I am 18 and from Ohio I have ran my own businesses and was a manager in training at arbys. I have a good amount of experience for only being 18 I have acquired certifications in project management, Leadership, Management, etc all of those certifications being from Google, IBM, SAS, MSU, Yale. And I have applied for property management jobs but I can't land a interview and I'm not fully sure on how to get leads and land interviews.

1 Comment
2024/10/15
13:34 UTC

1

Market Research Survey: Real Estate Acquisition Tools

0 Comments
2024/10/12
20:36 UTC

1

Selling house in Algarve, Portugal

Wheŕe is the best place to advertise selling a house?

0 Comments
2024/10/12
07:54 UTC

2

Selling land in Georgia (the country)

Hello, I am selling 2 pieces of land near Batumi Georgia Close to the sea for a reasonable price, one is around 1400m2 flat piece of land 700m form the beach. and other is around 2500m2 on more of a mountainous landscape with a great view also around 800m from the beach. both pieces of land is easily accessible with a car, the first one even has a bus city bus line right next to it.

2 Comments
2024/10/06
14:57 UTC

2

Advice Regarding Rehabing/Renting Properties

Hello all. I'm seeking advice regarding two properties, one in the state of Arizona and another in the state of California. My end goal with these properties is to rent them; however, they are in need of maintenance/repairs (the pool is empty in one for example) and as a result they are not rent ready. I have plans to set up a business entity for both and to place them within a Wyoming Holding Company.

My primary question is how can I go about getting these properties fixed up, rent ready, and cash flowing without going far into personal debt? What are my options being that I do intend on placing these units within business entities? There is no mortgage to pay for either. Only insurance and yearly property taxes.

0 Comments
2024/10/05
04:45 UTC

3

Buyer cancelled appraisal

The buyer had a ten day period for inspections. They waited until the end, asked for a radon test, said they needed to extend the period so they could get those results back, we extended it and then they said a roofing company is now coming to inspect the roof, and they've canceled the appraisal "until after the inspection period". To me this sounds like they have no intention of paying the full price, we are unwilling to give any money for repairs, so at this point do we have to wait out the extra days we granted for he radon inspection (which seems like it was just a fares) since they've cancelled the appraisal? Can we get out now and get back on the market because of that or are we obligated to wait the extra days until it runs out?

11 Comments
2024/10/04
13:53 UTC

1

Everything Real Estate Business Wordlwide Database with details 2024 – 110k rows CSV

DATA: Fullname / Email / Job position / Organization – biz name / Country / City / Phone / Company website / Company Facebook / Company twitter-X Company LinkedIn / Personal LinkedIn.

Guaranteed 85% valid data. Not a scrape not anything public. Sample available.

Let me know if you may have interest.

0 Comments
2024/10/03
15:37 UTC

2

Off the grid unpermitted

The previous owner was building it for off the grid without any permits i'm trying to make everything legit so I can flip it or rent but the house is over 200 squarefeet which requires a building permit which requires well and septic permits that I don't have.

I'm putting a septic in I need to have the health department out to inspect it but I'm worried about the health department saying I have to get rid of the unpermitted house among a couple other smaller things (solar, rain water collection, outhouse)

Is there any chance they'd make an exception because I'm trying to get permits or would they have to make me take down anything that isn't permitted

1 Comment
2024/09/18
23:47 UTC

0

European citizen here: is it possible for me to buy an apartment in L.A., to use it sometimes for myself and to put it on AirBnB the rest of the time?

As the headline already said: I want to buy an apartment or condo or something similar, live in it 3 months of the year (that's the time I am allowed to stay with my visa) and the rest of the year to rent it out, maybe Airbnb, maybe something else.

Are here some realtors who had clients who also did this? Is it possible at all? I know I am allowed to buy property, but I am not sure if I am allowed to put it on AirBnB as an European citizen.

Maybe someone knows at least something. I googled a lot, but it not seems to be a common thing as I found already nothing about this topic. Maybe I used the wrong key words.

I would appreciate every tip. Thanks in advance.

1 Comment
2024/09/18
18:53 UTC

2

Question about land ownership and slumlord father

So, my grandparents accumulated a lot of property, probably around 30 acres. My dad had originally set up on a plot with a double wide trailor and along the years he started renting little units to people, pulling in new trailers, renting those, then an RV, etc. When it came time for my grands to divide up all the land for inheritance, one of the plots of land I was given was the one my father's little community was on. I allowed him to just keep on doing what he was doing and just stayed away from it all but as of late I believe that the conditions of those "apartments" are becoming unsafe. With age of materials and everything. Would I be held liable if anything were to happen on that land if say, a fire broke out or something? I have nothing to do with any of it other than my name on the deed. I feel terrible about possibly having to kick my own father off the land or to sell it from under him. He's my dad, ya know?

3 Comments
2024/09/14
04:35 UTC

1

Air conditioner broke a week after moving in

I bought a house and was told in writing the AC worked great. I asked my agent for any maintenance receipts on the AC but she never gave them to me. The inspector said he couldn't test it since the temperature was too low outside and it would compromise the unit by turning it on

. I made the Mistake of not insisting on having those records and receipts before closing and not having a list of all the items needed before closing time. Certain things were kind of just pushed to the side by my agent. Yes I should have insisted on those before closing.

I did get it in writing from the sellers agent that AC worked great.

Part of escrow was to let the sellers live there for 4 weeks. About 2 weeks after we closed we had a heatwave. The sellers called me and said the AC wasn't working. This was the first time they needed to turn it on.

I thought well that really sucks but I moved forward and met with a AC sales representative about getting a new AC and we were discussing prices and different brands of hvac. He mentioned that he was just at that house a year prior talking to the sellers of the house about replacing the AC because their AC wasn't working.

I contacted the previous owners and ask them to compensate me $500, which is extremely reasonable. The AC cost me over $6000. I also let them know what the sales rep told me about him speaking with them about replacing the AC because they said they were having problems with it when they were living there in June 2023.

The previous owners said their agent recommended not paying since I didn't do my due diligence.

What would you do if you were told it worked great and then found out they met

with a hvac sales representative the previous year inquiring about buying a new one.

Thank you in advance . Sorry for typos

7 Comments
2024/09/12
05:07 UTC

1

Co own townhouse with father how should I sell?

Me and my father Co own a property in northern VA which I'm interested in selling but my father lives overseas and is not a u.s. citizen. The property is also not my primary residence. Any advice on how I should proceed ? What will I need?

1 Comment
2024/09/01
11:52 UTC

2

UCSD Real Estate Tech Project

Hey everyone! My name is Owen and I'm an undergrad student at UCSD. Me and a couple friends have been working on a site that facilitates realtors' day-to-day using Al. We've received great feedback on campus but are now looking for real estate professionals that would be willing to take a couple minutes and check out what we've built. Any insight professionals in the field have would be invaluable, and you can find our waitlist at www.properlyai.co

2 Comments
2024/08/29
23:29 UTC

2

Situation

Issue: A son the true owner of the property, signed a deed of sale that includes his parents (signed because they requested), who have passed away. Additionally, the son has four unsigned siblings (three of them has an interest about the property). Aside from that one of the interested siblings has the true copy of the deed of sale (which apparently steeled to the owner the son) and other supporting document (such as forcing their father to stamp and sign a document request letter about the property). Are the siblings qualified to get involve about the property? Are the document that the other sibling can be valid to own the property?

0 Comments
2024/08/28
16:33 UTC

0 Comments
2024/08/22
02:59 UTC

2

Looking for feedback on my operation, Agent Atlas.

Hi all, I run a small startup that focuses on NOT the delivery of low quality leads to real estate agents but rather the delivery of in-depth and robust market intelligence to agents who are new or stagnant & wanting to uncover the next big market. We’ve been seeing success so far, but usually the path of least resistance is where people want to go, so wondering if we’re a viable option.

Very top level of our work, we generate reporting through analysis and scoring of locations for things agents have told us they want to know more about and deliver that information to them at a tiered price. More insight/strategic recommendations = higher price

Instead of the Zillows/Realtors of the world charging $1500+ for unqualified leads expecting them to come back for more, our value prop is that we appeal to small town agents looking for that first, or next, leg up with our 15+ years of market intelligence/GIS and say “here’s the best places to go, good hunting.”

My question to you is is this something you’d be interested in as an agent?

Check out the site if you’re interested: www.AgentAtlas.biz

4 Comments
2024/08/21
02:56 UTC

1

Decluttering - OK to have a Pod in the yard?

We’re getting ready to list our home, moving about 600 miles away. We’re getting rid of lots of things, but wondering if it’s OK to store some in a Pod in the yard, or will the Pod itself be too much of a detractor? Will also ask our realtor, just looking for opinions.

1 Comment
2024/08/18
13:46 UTC

1

Exploring Innovative Tools for Community Engagement in Urban Planning

I've been thinking a lot lately about the challenges we face when trying to engage communities in urban development projects. Traditional methods like public hearings and in-person meetings are valuable, but they often come with high costs and logistical hurdles. Plus, getting meaningful feedback from the community can be tough when you're working with static plans and renderings.

I’ve come across a few ideas (and possibly some new tools) that could potentially revolutionize how we involve communities in the planning process:

  1. Transparency: Imagine having the ability to provide a crystal-clear vision of a project’s impact, allowing both communities and stakeholders to see exactly what the future holds. It could significantly improve trust and engagement from the outset.
  2. Efficiency: What if you could streamline urban planning processes and broaden community involvement without the need for frequent, costly in-person meetings? It’s intriguing to think about how much time and resources this could save while also enhancing the quality of feedback.
  3. Insightfulness: The concept of using AI to analyze community feedback and turn it into actionable insights is fascinating. It’s exciting to consider how this could help planners make data-driven decisions that align more closely with community needs and expectations.
  4. Time Travel: Lastly, imagine if you could showcase multi-phase developments and easily update plans to reflect future phases. This could help stakeholders understand how a project evolves over time, making it easier to gain support and address concerns as the project progresses.

I’m curious to hear your thoughts—especially from those who’ve worked on large urban projects or have experience with community engagement. Do you think these ideas could help us overcome some of the hurdles we face in planning? How would you approach integrating such tools into your workflow?

Looking forward to the discussion!

0 Comments
2024/08/15
13:01 UTC

0

Post property Ad to sell or rent

Post your property for sale with homefindoo.com. A property online ad can be posted free of charge. Post your ads today: sell your property for free with us.

List your property with homefindoo

If you are selling a house or keen to rent a house, homefindoo.com is where you should be.  When you open our site, continue to ‘list property’ option to start with property listings. If you are an existing user, you could just login with your credentials. Select your city where you wish to sell flat or post ad for rent. Select your profile as a ‘owner’, ‘agent’ or ‘builder’. You could log in with your Facebook profile, Google Plus or email id.  You will be asked to register your mobile number. Proceed with OTP verification for a safe and reliable way of buying and selling property online. Post properties with complete details and pictures to get maximum responses. On the basis of your listing quality, a rating will be generated which only you can see. A good quality property listing will help you rent or sell property fast. Upon verification, your property listing will be visible to all potential buyers and tenants. You can keep a tab on all your listings at any given point of time.List your property with homefindoo.

1 Comment
2024/08/14
09:05 UTC

1

Home not selling

Hello realtors ! Looking for some advice… no showings in 3 weeks . Priced pretty aggressive for a 5/3 in this area… check out the listing and tell me what you think please!!

11995 country valley drive Arlington Tn 38002

14 Comments
2024/08/08
14:28 UTC

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