., there was no interest charged, can be done for quick deals, longer term is another story and the IRS has imputed tax rates when interest is not charged, so when the seller finds that out, they may not be happy which could make things tougher down the road.Much has changed, read up on loan servicing for issues.

Before purchasing an income property, pay careful attention to the financial statements and remember to factor in a property manager which will charge between 8 - 10%.If you are close to retirement, I may consider investing in a duplex where you can move to when you are ready.

My question is: is it legal to charge me 2 months additional rent if the unit is re-rented within 2 weeks of me leaving?

Then explain that you will not charge a security deposit but you will still issue a bill to her with charges if any apply and if it is not paid you can and will take legal action.

They sent me several cylinders no-charge to repair, but that doesn't help me after I have had to pay to drill out the locks and break my tenants in, arrgh...

If he weren't charging himself to write the report, he wouldn't need a business license or any other license.He can't do this with an appraisal.Btw, if anyone needs any home inspections done in Georgia, give me a call, as I am a home inspector...but only for today...tomorrow I'm going to be a bartender

Do NOT get in over your head, start small, take baby steps, learn the business before you start risking more then you have to lose.Let me know if you need help, I dont charge haha.

Around here PM's charge 10% of collected rents plus half a month to fill a vacancy.

I have a good home inspector that I used a couple times that only charges $250.

If I called and asked you if you had any deals I could market to find a buyer for, what would be a ballpark fee/split to expect (so I don't sound like a total rookie).

Stephani Davis wrote "If I don’t have any proper...