Daily Archives: August 16, 2015

Real estate for sale in Newark New Jersey – MLS# 1444759

danley-genetors

danley-genetors

Mum telling off an idiot real estate agent.

Wed, 23 Jul 2014 06:31:39 -0700

I'm helping my mum buy a house at the moment and most of the real estate agents have been pretty good, but today we dealt with a real idiot. First, a little set up.

There will be 4 people living in the house: my mum, my grandmother, my husband and me. I'm my grandmother's full time carer and my husband and I can't afford a place of our own with room for grandma, so we live with my mum. As a result, we're after a 3, preferably 4, bedroom place. Either my mum or I have explained our situation to every real estate agent we've contacted. Most agents actually listen to us, but this guy today was a real piece of work.

He was an older guy, probably mid 60s and a real "good ol boy". We made it pretty clear to him after he mentioned kids at the first house that they were not a factor in our house hunt, but he knew better, of course. He kept bingoing me all though looking at the first house and then at the 2nd house till I flat out told him "Just shut up about kids, ok? I'm here to look at houses, not talk about babies" to which I just got a condescending smirk before he turned his back on me to bingo my mum! The conversation went a little like this:

Agent: "Don't worry, you'll be a grandma in the next year or so. She's nearly at the age where popping out a rugrat will be all she thinks about."

Mum: "I think my daughter knows her thoughts on kids better than you do."

Agent: "Trust me, I know women and you all want babies eventually."

That really pissed my mum off. She looked him dead in the eye and said "You know, if you actually listened to your clients instead of being a condescending dick, you'd probably have made enough commission to have retired by now." and we walked out.

submitted by Aetra to childfree
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Real Estate Investment Analysis, Video #1: The Quick Analysis


Motley Fool

Macy's: Can Great Real Estate Make Up for Stagnant Sales?
Motley Fool
Top department store-operator Macy's (NYSE:M) has come under increasing pressure to get some value out of its real estate this year. Recently, other department store chains, such as Sears Holdings (NASDAQ:SHLD), have gotten huge windfalls from selling ...

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The necessity of real estate in plans for FI?

Wed, 28 Jan 2015 05:39:25 -0800

I'm currently reading the Automatic Millionaire Homeowner by David Bach. I think a lot of his statements are problematic, but I can't deny that the majority of people who've become FI seem to have a heavy involvement with real estate. Maybe it's just confirmation bias though. Therefore, I'm wondering if anyone has become FI (or is on the way to becoming FI) without significantly personally investing in real estate (I don't consider REITs, just people who own property and are landlords or use a property management company).

If real estate is necessary (or at least, makes the journey much shorter), how does someone with absolutely no knowledge go about getting started? Is it just a matter of having the discipline to save up a down payment and then hiring a property management company? Or should you learn how to do home repairs and buy fixer-uppers? If the latter, how do you learn those skills, assuming you don't have any friends or relatives to show you how -- do you just sign up for classes at the local community college?

Edit: I'm in Canada -- does that change your advice in any way? I live in one of the big cities with heated markets, and some people are predicting a cool off if oil prices stay low, which is why my interest has been piqued.

Edit #2: I've seen some interesting answers. Here's another discussion point: How long will it take (or did it take) for you to reach FI? For further clarification: a) did you use real estate? b) how big was your portfolio when you reached your goal? c) what's your current "passive" monthly income?

Feel free to answer some or none of those questions if they're too intrusive!

submitted by Criama to financialindependence
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Real estate for sale in South Brunswick New Jersey – MLS# 6577086


Fox News

Real estate investing: Not just for millionaires
Fox News
Adding commercial real estate to an investment portfolio used to be reserved for the very wealthy, but thanks to new technology, anyone with a few bucks and an appetite for risk can find an entry point for investment these days. And with the commercial ...

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Santa Barbara Real Estate

Information and news about real estate in Santa Barbara, California and the surrounding cities [link]