Real Estate Thread

Hey guys, I'm doing real estate investing. I'm buying my first house and I'm going to fix it up. Should I sell immediately for quick gains or should I rent it out?

  1. 1 week ago
    Anonymous

    If you can’t make that decision on your own with all your information, then you’re not ready to be doing this with your own money. Work for someone else first.

  2. 1 week ago
    Anonymous

    that's pretty smart anon - i think the most money gain is smartest.

    • 1 week ago
      Anonymous

      Yes, this OP. More money is usually better than less money. Therefore do whatever will make you more money.

  3. 1 week ago
    Anonymous

    Money good so do the one with more money, perhaps every time even

  4. 1 week ago
    Anonymous

    I'm gonna get a condo near the beach in LA

    • 1 week ago
      Anonymous

      Uh. Have you been hanging around that area at all lately? It’s not doing too great. My buddy is desperate to move out of Santa Monica as there’s been a huge uptick in robberies and the homeless junkies are getting out of hand.

      • 1 week ago
        Anonymous

        If only there was a solution...

      • 1 week ago
        Anonymous

        If only there was a solution...

        I don't go to the Santa Monica pier, there's still plenty of time ch only areas

    • 1 week ago
      Anonymous

      holy cuckshed.

  5. 1 week ago
    Anonymous

    https://www.zillow.com/homedetails/848-N-Roosevelt-Cir-Scottsdale-AZ-85257/7578177_zpid/
    This house started at $600K and now it is down to $500K. I'm liking this.

  6. 1 week ago
    Anonymous

    Another house down $100k
    https://www.zillow.com/homedetails/7023-E-4th-St-UNIT-101-Scottsdale-AZ-85251/7572925_zpid/

  7. 1 week ago
    Anonymous

    Here is another house that started at $700k and is now down to $600k
    https://www.zillow.com/homedetails/1037-N-73rd-Pl-Scottsdale-AZ-85257/7581469_zpid/

  8. 1 week ago
    Anonymous

    Found a bag holder. Bought at $788k now they are selling at $717k.
    https://www.zillow.com/homedetails/6744-E-Culver-St-Scottsdale-AZ-85257/7571645_zpid/

  9. 1 week ago
    Anonymous

    If you can sell it at the top and make money, then sell it.
    If the market goes down, and you would lose money selling it, then rent it out and make money that way.

  10. 1 week ago
    Anonymous

    This guy is $10k from being underwater on his house.
    He bought it in 5/20/22 for $490k and is now selling it today at $500k.

    • 1 week ago
      Anonymous

      forgot the link
      https://www.zillow.com/homedetails/7519-E-Fillmore-St-Scottsdale-AZ-85257/7582279_zpid/

  11. 1 week ago
    Anonymous

    you should live in it or fuck off

  12. 1 week ago
    Anonymous

    live in it or rent it out for at least 2 years so you don't have to pay capital gains tax

  13. 1 week ago
    Anonymous

    Oh no
    This guy got fucked.
    Bought at $550k in April and is now selling at $525k
    https://www.zillow.com/homedetails/7519-E-Fillmore-St-Scottsdale-AZ-85257/7582279_zpid/

  14. 1 week ago
    Anonymous

    Do you have to pay capital gains tax? We have to hold property 5 years to avoid it, so I'm renting my place out to maybe sell then.

  15. 1 week ago
    Anonymous

    Buy it, live in it and fix it up, then rent it out after 1 year and buy another one. Repeat.

  16. 1 week ago
    Anonymous

    kys

  17. 1 week ago
    Anonymous

    Eh hehehe
    Oh hohoho
    Ah hahaha

  18. 1 week ago
    Anonymous

Your email address will not be published.