Monthly Archives: January 2015

How to Create Your Own Opportunity | Epic Real Estate Investing


The Intercept - First Look Media

House of Cards: A DC Real Estate Column
The Intercept - First Look Media
The median net worth of the current Congress is slightly north of $1 million, according to the Center for Responsive Politics, and that surely understates their wealth because it's based on financial disclosure forms that don't require the listing of ...

Here's me bitching about the real estate market in Austin

Wed, 10 Apr 2013 08:23:25 -0700

So before I begin, let me just say I was born in Austin in 84. Sure, my parents came from California a couple years before, but I've been here my whole life.

I got married a couple years ago and me and my wife have been saving for our first house. We have the money, but this real estate market has made it almost impossible for us to buy a house.

Let me give you some examples of what happens when we like a house that we see online:

20% of the time, the house is already pending (even though it had just been posted the previous day)

30% of the time, I go out with our realtor, by myself, and then the house is already pending before my wife can come see it (the next morning, so within 18 hours). I'm starting to realize I should just put a bid on the house just assuming my wife will also want it.

20% of the time, we put in an offer above asking price, and we get out-bid. For instance we just put an offer of 195k on a 193k asking price, and got out-bid.

The rest of the time, we just end up not liking the house.

So, in conclusion, does anyone have a 3-4 bedroom house in South Austin for under $200k that they're gonna sell this summer?

ITS A GREAT FUCKING MARKET, IF YOU'RE SELLING! (and shitty shitty shitty if you're buying)

submitted by z64dan to Austin
[link] [198 comments]

Real estate for sale in Oakland New Jersey – MLS# 1440143


Heavy.com

WATCH: Tycoon Real Estate on 'Shark Tank'
Heavy.com
Co-founded by Aaron McDaniel and Wen We, the company is based in San Francisco. It allows people with a small budget to invest in flipping houses. Users can pick their property, mostly in the San Francisco area, on the company's website and click to ...

Real Estate/Estate Agents, what are the questions buyers SHOULD be asking you, but aren't?

Fri, 22 Aug 2014 13:27:27 -0700

[edit]: These answers are awesome. Also, RIP my inbox =)

submitted by firerosearien to AskReddit
[link] [4928 comments]

Real Estate investing Legally, Subject To and Owner Finance Discussion


Real Estate in Australia
New York Times
But the market has been gradually recovering over the last few years, in part because of stimulus measures from the state government and a strengthening overall economy, said Jock Langley, a director of Abercromby's Real Estate, based in Melbourne.

Real estate agents of Brisbane, why does all your outdoor advertising have a picture of your stupid face on it?

Mon, 03 Nov 2014 13:31:56 -0800

Seriously. Is it a law or something? I have never seen some picture of a real estate agent and said wow, that's the insincere smile that is going to sell my house.

submitted by nothinbeatsagoodshit to brisbane
[link] [87 comments]

Central New Jersey Real Estate For Sale: 516 W. Webster Ave, Roselle Park NJ 07204


More people make claims against real estate scam suspect
KSAT San Antonio
The mother of five said Ortiz -- who has no valid real estate license -- acted as an agent, helping her to rent-to-own a home on the South Side that is owned by another party. She said Ortiz knew all the right things to say to ease any suspicions she ...

First time home buyer here. Why are my mortgage broker and real estate agent discouraging me from making offers on bank owned properties?

Sun, 01 Jun 2014 07:06:10 -0700

Hi Guys,

First time home buyer here so I might have some questions that seem pretty obvious. So I am looking at buying a condo. I'm 25. I currently live with my parents rent free. I am seeing alot of great bank owned properties on the market and I would love to make an offer. Downside is, I don't have the full amounts in cash most of the properties are asking for. So I will be putting a 20% down.

My mortgage broker and real estate agent strongly discourage me from going after bank owned properties. They say it takes too long to hear from the bank. This annoys me because, I currently live at home so its not like I URGENTLY need to find a place. I have the time to wait it out.

Are they just being lazy because its the same amount of paper work for less commission? Does anyone have experience buying bank owned properties without the full amount in cash? How long did it take to hear back?

Thank you for guiding a newbie!

edit: Thanks for the advice guys. I just wanted to add that I'm thinking of buying a condo, and not a house. NOt sure if this makes a difference in anything. I also live in NJ.

edit 2: Wow! I just checked back on the comments and never expected to get this much. Thank you so much for taking time out to respond to me. I'm sorry If i don't get a chance to directly thank you. Please know your advice is greatly appreciated.

submitted by anonchick123 to personalfinance
[link] [202 comments]

Real Estate Investing In Atlanta – US REAL ESTATE TV


New York Times

Blackstone Profit Declines on Real Estate Investments
New York Times
While Blackstone said economic net income from private equity nearly doubled, the firm reported declines in its real estate business, which is its biggest segment, and its credit business, which it said was hampered by a challenging market in the ...
Blackstone's quarterly earnings drop on real estateReuters
Blackstone's results exceed expectationsMarketWatch

all 51 news articles »

We need more real estate outside of the city.

Fri, 01 Nov 2013 05:55:52 -0700

This is something that we need. Why is there no good real-estate outside of the city? I like the Blaine County area so much more than the city. There is a 6 car garage near the air force base, and some 2 car garages up in sandy shores and the little town at the north end of the map. Maybe a DLC can make some of the big unused warehouses 10 car garages.

submitted by aphd to GrandTheftAutoV
[link] [41 comments]

Real estate for sale in Middletown New Jersey – MLS# 21434072


WBUR

Zillow And 'The New Rules Of Real Estate'
WBUR
Zillow is a groundbreaking, data-driven real estate website that was created to shine a light on a traditionally opaque industry. Since it was founded in 2005, it has become the most heavily trafficked real estate website in the world, and has changed ...
Consumers will decide who is king of the online real estate mountainInman.com
7 real estate myths busted by 'Zillow Talk'Silicon Valley Business Journal
Zillow CEO Spencer Rascoff debunks myths for homebuyersCBS News

all 12 news articles »

GTA V "Real" Real Estate

Wed, 10 Jul 2013 08:13:58 -0700

GTA V "Real" Real Estate submitted by INickolai to gaming
[link] [637 comments]

Real Estate Investing for Beginners


WBUR

Zillow And 'The New Rules Of Real Estate'
WBUR
Zillow is a groundbreaking, data-driven real estate website that was created to shine a light on a traditionally opaque industry. Since it was founded in 2005, it has become the most heavily trafficked real estate website in the world, and has changed ...
7 real estate myths busted by 'Zillow Talk'Silicon Valley Business Journal
Consumers will decide who is king of the online real estate mountainInman.com

all 12 news articles »

We need more real estate outside of the city.

Fri, 01 Nov 2013 05:55:52 -0700

This is something that we need. Why is there no good real-estate outside of the city? I like the Blaine County area so much more than the city. There is a 6 car garage near the air force base, and some 2 car garages up in sandy shores and the little town at the north end of the map. Maybe a DLC can make some of the big unused warehouses 10 car garages.

submitted by aphd to GrandTheftAutoV
[link] [41 comments]

Real estate for sale in Hampton Boro New Jersey – MLS# 3135880


Commercial Observer

Slippery Situation: Oil's Potential Impact on Real Estate
Commercial Observer
While it's certainly good news for the majority of consumers, the sliding cost of oil and gas could gum up the works for some real estate owners and investors. With crude oil prices hovering around $50 a barrel since the beginning of the year, industry ...

denver_realtor here. Let's talk about the Denver real estate market. AMA!

Sun, 23 Mar 2014 09:01:31 -0700

Hi Reddit! denver_realtor here.

I’m a Realtor with a real estate brokerage firm in Denver (I’m not going to mention them, but you’ve certainly heard the name), and I’ve been helping buyers and sellers buy and sell homes throughout the Denver metro area for the last 9+ years.

Here are some stats for the Denver market in 2013:

Number of sales: 62,256

Average sold price: $303,621

Median sold price: $251,000

Average days on market: 52

Average sale price to original list price ratio: 98.5%

Let’s talk about the Denver real estate market. AMA!

Verification has been sent to mods.

EDIT:

Wow, lots of responses! First off, I should have noted that as a Realtor I focus primarily on buying and selling – not renting. I’m not very familiar with the rental market so I may not be much help for those questions. I’ll answer what I can though.

I'm working my way through your questions as quickly as possible. I’ll be in and out today, so please be patient. What I can’t get to in the afternoon I’ll try to get to tonight. Thanks!

EDIT2:

Signing off for a few hours but keep posting questions and I'll be happy to answer them as quickly as I can when I return this evening!

EDIT3:

Thanks Reddit! This has been a lot of fun! Signing off for the evening, feel free to PM me with any additional questions! Let's do this again sometime!

submitted by denver_realtor to Denver
[link] [180 comments]

Commercial Property Investing: Top Secrets from Real Estate Experts


Pittsburgh Post Gazette

High-end apartments dominate Pittsburgh region's r...
Pittsburgh Post Gazette
Last year was a good year for residential real estate in the Pittsburgh region as a whole, but two of the hottest areas of the city for price appreciation and sales were Lawrenceville and East Liberty, said Howard “Hoddy” Hanna III, chairman and CEO of ...

denver_realtor here. Let's talk about the Denver real estate market. AMA!

Sun, 23 Mar 2014 09:01:31 -0700

Hi Reddit! denver_realtor here.

I’m a Realtor with a real estate brokerage firm in Denver (I’m not going to mention them, but you’ve certainly heard the name), and I’ve been helping buyers and sellers buy and sell homes throughout the Denver metro area for the last 9+ years.

Here are some stats for the Denver market in 2013:

Number of sales: 62,256

Average sold price: $303,621

Median sold price: $251,000

Average days on market: 52

Average sale price to original list price ratio: 98.5%

Let’s talk about the Denver real estate market. AMA!

Verification has been sent to mods.

EDIT:

Wow, lots of responses! First off, I should have noted that as a Realtor I focus primarily on buying and selling – not renting. I’m not very familiar with the rental market so I may not be much help for those questions. I’ll answer what I can though.

I'm working my way through your questions as quickly as possible. I’ll be in and out today, so please be patient. What I can’t get to in the afternoon I’ll try to get to tonight. Thanks!

EDIT2:

Signing off for a few hours but keep posting questions and I'll be happy to answer them as quickly as I can when I return this evening!

EDIT3:

Thanks Reddit! This has been a lot of fun! Signing off for the evening, feel free to PM me with any additional questions! Let's do this again sometime!

submitted by denver_realtor to Denver
[link] [180 comments]

REAL ESTATE INVESTING FOR BEGINNERS


Crowdfunding real estate taking hold in Colorado
The Denver Post
Crowdfunding, better known for backing aspiring artists and budding entrepreneurs, is gaining traction in real estate, both nationally and along Colorado's Front Range. It's not Kickstarter — for now, minimum investments for qualified, relatively ...

and more »

Horrendous interview with a real estate agent. I'm still in shock. Venting...

Tue, 03 Dec 2013 14:55:48 -0800

This nutcase wants to pay $50 flat for 50-100 images for each property... uploaded within 24 hours... in an area where the homes go for Millions of dollars. She also wants all of the photos to be uploaded to a website she wants me to build for her, needs all of her social media to be updated with each property, and wants me to do some videography for the properties as well. Then she went on about how many international Asian clients she has... and apparently according to her, "Asians love blondes and the color blue. So always wear blue when you are in front of the clients, since you are a brunette." After that she made a comment about how unprofessional my bangs are. My bangs aren't edgy or unprofessional, they're more Zooey Deschanel. I'm so disgusted!! Are all real estate agents insane like this?? This is the first agent I've met with. Previously I've worked with clients who were privately selling their homes... wth?

submitted by xxcandela to photography
[link] [298 comments]