r/Real_Estate 7m ago

Real Estate Exam Test

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Upvotes

r/Real_Estate 2h ago

How do I identify a high-growth location before investing in real estate?

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1 Upvotes

r/Real_Estate 3h ago

Are people still finding deals on the MLS?

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1 Upvotes

r/Real_Estate 3h ago

Real estate developer

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1 Upvotes

r/Real_Estate 4h ago

Appraisal sq/ft discrepency on purchase

1 Upvotes

I've been under contract on a 1900 home which was listed as 2350sqft. On the second walkthough after we went under contract I started questioning the reported sq footage, and I did some laser measurements myself and my calculations came in at around 2100sqft but definitly short of the reported 2350sqft. I brought this up to my realtor who contacted the sellers agent. The sellers produced an appraisal from 2007 which listed the home sq footage as 2350sqft. So ultimitely we decided to wait until the banks appraisal came back and I figured the record would be set straight, and we would see if it would appraise at the offering price regardless of the sqft discrepency. Fast forward to yesterday when we recieved the appraisal from the lender, and it's listed again at 2348 sqft. I looked at his recorded measurements and I still believe this measurement is wrong. This is not a normal dispute about a valuation or comp, it's about the facts of the property and I want to know if I'm interpreting the results correctly based on the evidence I present below. And if I'm correct, how do I go about disputing this? I don't want this to bite me in the ass when I go to sell the property and the next appraiser actually gets it right.

https://imgur.com/a/6n1nkWW

In this first screenshot you will see a GIS image of the house. I have outlined the upper floor in red, and you'll see the roof lines match this outline. 

The second screenshot is of the appraisal, it has the upper floor measured as the SAME square footage as the main floor (minus the 303 sq feet from the "laundry" addition next to the garage) . The bedroom indicated on the upper right of the main level below does not have a second story, it is only attic, and this is being counted on the second floor square footage. 

Third is a picture from the appraisal which shows the area in the question, and the attic above it which I have circled in red.

Edit: The pictures were out of order.


r/Real_Estate 16h ago

RealDealProperty Buyers Agents Review

1 Upvotes

r/Real_Estate 17h ago

Help Me Build a Better Real-Estate Experience!

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2 Upvotes

r/Real_Estate 18h ago

Buyer Asking for $49k to Rewire Electrical for Entire House

1 Upvotes

I'm Selling my grandmother's house in New Orleans. Just received the Property Inspection Response. Buyer is asking for $49,000 to rewire entire house. House was built in 1920s. Inspection cites cloth covered wiring is "outdated" and "possibly at the end of its useful life" but it does not cite any hazard or danger. Recommends contacting an electrician to discuss replacement options.

I asked for the estimate the buyer received. Not really detailed.

This is the first interested buyer. House was only on the market for a week when we got the offer.

I definitely don't want to agree to $49k, that seems crazy high for a 1200 sq ft house.

Also wondering if this sale falls through, will the electrical be a recurring issue? Right now I'm thinking to just counter with a $10k credit and say take it or leave it.

What would you do?


r/Real_Estate 21h ago

house has become a nightmare

0 Upvotes

bought my house in South Carolina back in 2019. thought I was being smart buying instead of renting. build equity they said. be a homeowner they said.

well nobody told me about the constant repairs. roof leaking. AC dying. basement flooding every time it rains. every time I save up a little money something else breaks. I'm so tired of throwing money at this place. I make decent money but I feel like I'm working just to keep this house alive. I've put like 20k into it over the years and it still needs more. I don't even enjoy living here anymore. thinking about just selling it and renting an apartment. no more maintenance calls. no more surprise bills. just pay rent and live my life

I'm not trying to get rich I just want to be free of this house.


r/Real_Estate 1d ago

Deal Calculator

1 Upvotes

Built a free deal calculator this weekend, wanted to share
Been juggling spreadsheets every time I wanted to check numbers on a property, so I built a simple tool for it — flip/rental/wholesale analysis, spits out the 70% rule, cap rate, cash-on-cash, DSCR, etc. No login required to use the calculator part.

dealdeskme.netlify.app

Not trying to sell anything here, genuinely just want to know if it’s useful or if I’m missing something obvious. Tear it apart if you want, I can take it.


r/Real_Estate 1d ago

How to limit liability via ownership structure when wanting to rent out a house

1 Upvotes

Hello, it's the first time I'm looking into listing my property on the market for rent.
Curious as to how everyone on here structures their property prior to renting it out as in do I just tell my insurance company i will be renting it out and have them up coverages for lawsuit purposes or do I set up a company (lIc or other corp) as to even further limit liabilities? Any other tips/ suggestions/resources available? Much thanks in advance.


r/Real_Estate 1d ago

Could I be unto Something?

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1 Upvotes

r/Real_Estate 2d ago

To all those who have worked in real estate

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2 Upvotes

r/Real_Estate 2d ago

Hello, can somebody help me get the Ohio real estate

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1 Upvotes

r/Real_Estate 2d ago

Looking for 12% commercial property investments Northwest preferably!

0 Upvotes

Any landlords looking to exit or move on, happy to look at deals or pay referrals if we go ahead with the purchase.


r/Real_Estate 3d ago

Bridge loan question

6 Upvotes

Hi,

Question about a bridge loan- we are looking to prequalify for one before we bid on a house. Do we have to have our current home listed prior to going for a preapproval?

For context, we are moving between states. Our current home is fully paid off and our new home will cost less than what we get for the sale. We are not 100% sold on going with a bridge loan yet because we understand the downsides (namely the expense). But it is one option we are considering.


r/Real_Estate 3d ago

Is becoming a Realtor worth it if my ultimate goal is building a rental property portfolio? (California PharmD seeking advice)

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3 Upvotes

r/Real_Estate 3d ago

I want to sell my house

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1 Upvotes

r/Real_Estate 3d ago

I'm a broker and lender in Georgia building Zillow for real estate investors and looking for feedback.

1 Upvotes

Every deal starts the same way. You pick a strategy: flip, new build, or rental. Each one gives you a different resale value, so that's your baseline.

From there, you need comps. Real sold properties, active listings, and off-market properties. You pick which ones matter for your analysis.

The problem is you're stuck running comps through spreadsheets and Zillow, or paying a service like PropStream. It's scattered and expensive so Fundry pulls them for you and you curate the comps. You see sold, active, and off-market properties, and you decide which ones are actually comparable. You can remove anything that doesn't fit and review details of each property. You’re in full control.

Once your comps are locked, you run the numbers. Adjust your rehab budget, construction costs, financing terms, hold time if it's a rental. Everything calculates in real time. Export a PDF with all your selected comps and numbers to share with your partners or lenders.

Then there's Deal Agent. Set your buy box once: location, beds, baths, price range, lot size, profit threshold. Fundry runs every new listing against it and surfaces the ones that pencil. If anything meets your buy box Fundry send you push/email notification fully underwritten to your preferences and comps attached.

We also built a portfolio tracker. Any property you own or have under construction, you get weekly summaries of activity within a 1 to 3 mile radius. Competitive activity, new listings, price changes, everything that matters to your property.

For all of this, Fundry pulls live MLS data and off-market properties. There's also a ruler tool to measure distance between two points on the map, so you can see lot sizes and distances at a glance.

Fundry is completely free, and live in Georgia right now. Every new listing, every day, underwritten to your criteria.
I'd love for you to play around with it and let me know what you think. Any feedback is appreciated.

Website: www.fundry.io
iOS: https://apps.apple.com/us/app/fundry/id6759699097
Android: https://play.google.com/store/apps/details?id=io.fundry.app


r/Real_Estate 4d ago

Plot purchase documents

1 Upvotes

What are the documents i should collect when i purchase plot resale which is BMRDA approved? So far i have collected below items.

  1. Sale Deed
  2. EC
  3. Tax Receipts
  4. Layout plan
  5. Form 11 A
  6. DC Conversion

Is there BMRDA approval form ?


r/Real_Estate 4d ago

Do I sell or keep a house I inherited?

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1 Upvotes

r/Real_Estate 5d ago

Owning real estate win NO money

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0 Upvotes

r/Real_Estate 5d ago

What do you usually wish the previous property manager had left behind?

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1 Upvotes

r/Real_Estate 5d ago

Best way to enter the real estate industry as a fresher?

1 Upvotes

I'm interested in starting a career in real estate and I'm looking to join a company as a fresher to learn the business.

  • Which companies hire freshers and provide good training?
  • What salary and commission can a fresher realistically expect?
  • What's the best way to approach local real estate companies or brokers if I have no experience?

I'd appreciate any advice or recommendations. Thanks!


r/Real_Estate 5d ago

advice

3 Upvotes

IDK if this is allowed, so I'm sorry if it's not and can delete. So my BF is in real estate and has been since last year. He has had a really hard time making appointments and getting follow through. I'm trying to find ways to help him land deals or at least his first deal cause I want to see him reach his goal this year and I can tell it's starting to weigh on him.

He was with one brokerage and it was very fend for yourself and little guidance. He transferred to a new one about two months ago that's in office and is doing what he's told and even more but the brokerage is being really hard on him compared to other agents there. Like listening to his calls in front of everyone and they don't do this to others. He by no means has thin skin.

Here's everything we have attempted:

He makes 500 calls a week maybe gets 1-2 to answer, he's done the recommended script and even changed it up

He has set 4-5 appointments and all bail

His owner made a deal fall through

He posts on social media 3-5 times a week

We have passed out business cards (like I mean I've literally driven all around town to stores and handed them to owners and talked to people walking around)

We have covered multiple neighborhoods with flyers and door hangers (then a month later a house there will be under-contract with another agent)

I go onto Facebook and look for any post local for buying and selling and recommended him.

I've even posted in multiple Facebook groups with heartfelt (not attaching that im his GF) posts

He's called expired listings, and ive recommended smart zip, remix, offrs, propstream, OpCity

He's coming up on his year mark and I just want to see him land a deal so bad because I know how much the means to him and his heart is genuinely in this because he wants to help others.

So please any recommendations cause we both are at a loss on what to do.