Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply

Estimating Selling Costs when disposing of Rental Real Estate
When evaluating a rental property and considering selling expenses, what is a good realistic ballpark estimate. The properties I'm considering are around $70,000. I've heard 6% realtors fees + 2% misc for a total of 8% if placed on the MLS.
However, if I sold this property off market to another investor selling costs could be much lower but I have no idea of how low.
Any advice would be greatly appreciated.
Also, can anyone recommend a good iOS app for evaluating buy-and-hold rental properties? I'm trying to avoid the monthly subscription model.
Thanks in advance!