What real estate investment did you get lucky with? I’ll go first. Bought a home in 2019 for $550K with 20% down. The house is worth $1M now and generates a profit of $18K/year after all expenses. (This post turned into a demonstration for why you shouldn’t take investment advice from Blind 😀) ...Read more
Seattle has a 1/3 chance of getting hit by a major earthquake in the next 50 years which will destroy most of the western Washington. I know that it sounds like it might not happen in your lifetime because of our psychology, but in the Birds Eye view of universe, it will happen and we are almost ove...Read more
Still looks very over priced at this interest rates for the house size and location. Please, can anyone suggest few communities with good schools? Budget around 600k…looking for new homes.
How many of you have real estate goals for 2024. Comment what type of real estate are looking to get into and why you want to try out the specific strategy? 1) multifamily - syndication 2) long term rental 3) turnkey 4) short term rental 5) subleasing apartment 6) BRRRR 7) Midterm rental Please fee...Read more
Anyone exploring the Dubai real estate for investment? Share why or why not it’s a good idea? Agents claim 30-40% appreciation for off plan properties and 7-8% rental yield. Plus no income tax on returns. Sounds too good to be true?
Hi, thinking of buying my first house and have pretty much never lived or been in Bangalore. I am in my late 20s and single. My budget is around 3-4 crores. Ideally would prefer a villa but given the budget, am open to 2-3 bhk as well. For my budget, I am considering the following areas: 1) Whitefi...Read more
Just transferred 250k cash from selling stocks to my bank to close on 8 apartments. And I have never seen 10k with my own eyes. It kinda feels surreal. Came long way from living on $30 a month to this. I am no pro. Doing real estate for about five years. Have ten, working on eight more. Planning ge...Read more
After Facebook declare WFH, do you think other companies will follow? If yes, is the Bay Area market going to crash? Would people move out of state or just to suburbs in south and east bay (San Jose/Campbell/Tri Valley) ? Looking to buy a house, jump now or wait?? PS: By real estate I am mostly in...Read more
I have $5800 rental real estate loss this year. This is passive income as I don’t manage property actively. The property is in India. I have day job and my adjusted gross income is above 200k. Can claim this real estate loss on Schedule E. The tax consultant is saying, you can claim it, but online...Read more
Came across a new real estate fund that is going to rebuild homes and commercial property in Maui due to the widespread destruction. We love going there every year so this seems like a good idea beyond donating to a few charities there. Does anyone have experience investing in real estate deals they...Read more
Hyderabad has ton of housing projects going on, it's hard to pick one to invest in. My goal is to move back in 5 years. Curious to know if people here are investing there and which specific project they chose and why? 3bhk or 4bhk? Builder? Area? Sft rate? Long term success probability of the proje...Read more
My husband loves to invest in real estate. Me not much! How do I convince him to sell the investment homes, pay off one home in California and live a peaceful life. We have two homes in California and one in Texas.
Since interest rates are dropping soon, it would be smart to buy in sf now where prices are dropping greatly and sell in a couple of years (1-3) when things recover. What are your thoughts ? Give a first principled reasoning please. My observations: - low interest rates -> less buyers -> price
What many believed was near impossible for the Bay Area, is going to happen in the next twelve months. The housing market is about to collapse. If you are planning to buy, just wait couple of more months. Buyer's market is coming. 401k
While hiring is pausing in big tech. Promotions becoming slower overall Layoffs impending. Recent funding winter. Who is buying 1.75 cr+ flats in east Bangalore? Where most techies live. I feel its not businessmen, just NRIs, real estate investors and land mafias
***UPDATE*** Is this the most successful poll in blind history? I like to think so. *************** I'm in my 30s, nyc market is nuts, rental properties are pain. Feeling bullish (long term) in etf investments, trinity study, and stuff. Thoughts? NOTE: i might buy a little reit for diversificatio...Read more
6% commissions are now a thing of the past! Competition always drives down costs! I'm sure some realtors are pissed about this so watch those contracts for hidden fees to make up the revenue. https://www.msn.com/en-us/money/realestate/realtor-group-agrees-to-cut-commissions-here-s-the-financial-...Read more
Been watching real estate in Austin so I could buy a house and move. Apple, Tesla and CA folks are skyrocketing the prices. Properties in mid 400s are high 600s in one year, new construction is less, auctioning and bidding home sites makes it worse. To top this the low interest rates makes people bu...Read more