The Official Homeowners Thread

[greenvale]

Submitted the paperwork for pre-approval. Hopefully I can join yall within the next 6 months

 

[newarkhiphop]

. dishwasher, stove and washing machine all having issues within the last 3 months


dishwasher because of the part shortages took 3 months to fix half way

stove a month to get someone to come look at it

dishwasher $120 just to diagnose it

 

[Lucky_Lefty]

Anyone in the DFW?

 

[Lucky_Lefty]

Anyone in here a real estate agent or got TONS of experience in the field?

 

[Rawtid]

Anyone in here a real estate agent or got TONS of experience in the field?

I think @Yinny has her license.

 

[Rawtid]

Being house poor is way better than being rent poor.

 

[Skooby]

Being house poor is way better than being rent poor.

Rent rich (well middle class) >> House poor

 

[Spence]

Rent rich (well middle class) >> House poor

Nah, equity is everything in a time of crisis. You can always get cash out of your house if you’re down bad.

 

[-DMP-]

Anybody got experience with owning a multi family property?

In the market for one

 

[thaKEAF]

Just signed a contract to sell my house. Purchased for 89k in 2016 and selling for 210k

now time to get into this market to get something new

 

[OfTheCross]

Just signed a contract to sell my house. Purchased for 89k in 2016 and selling for 210k

now time to get into this market to get something new

How much do you actually end up with after the sale?

I've heard that depending on where you live you can get 30% less after expenses

 

[Spence]

How much do you actually end up with after the sale?

I've heard that depending on where you live you can get 30% less after expenses

After closing he’s going to score at least 6 figures.

 

[Maxine Shaw]

You have to be proactive once you buy a place.l Recommend getting a service plan for the heating system. Your utility company has different plans likely. There may be problems that the home inspector didn't note or wouldn't have cut.

Would also recommend researching and getting service plans that cover plumbing system and electrical system.

DIY shows give people a skewed view about how difficult home repairs actually are. Those videos and books are good for letting people know the materials necessary for repairs and maintenance. Less likely to get ripped off that way as the contractor lists cost for materials on the bill.

IYO, which projects do you think are DIY and which ones do you think should be left to the pros? I know when my parents bought their house, they they did the laminate blowing themselves, but hired someone for the tile for the bathrooms and the kitchen. My friend Swears up-and-down that I can do the tile by myself, but there's no way I'm bothering with that shyt. I just feel like whatever I'm supposedly saving in labor costs, I'm just spending in power tools!

Buy the vinyl flooring with padding on the back. easy installation. just need a utility knife.

What if I'm installing over concrete? Since I have to put a moisture barrier there, wouldn't I save money if I bought vinyl or laminate without the padding since I pretty much have to buy underlayment regardless of the pad?

 

[UpNext]

Anybody engaged ever tried pulling off keeping both y'all houses as rentals and living in a third house?

 

[OfTheCross]

Anybody engaged ever tried pulling off keeping both y'all houses as rentals and living in a third house?

What's your concern? The financing or the property management?