We've all had clients confused by their closing costs. Here's a great reminder you can share with them!Closing costs – What are they really?By Meredith CarusoMarch 20, 2017 – During the course of a transaction, it's f...

Hi there.......

I was just wondering......Does your contractor provide you with a work warranty after he/she has completed a rehab? I am getting ready to make a final payment to my contractor, but I wanted to make ...

I have found an Investment property I am really interested in.  It has a single family home, a 4 plex, a 3 plex and a separate studio apt, all on the same lot.  It is all currently rented and appears to be in really g...

I live out of state and my father manages my properties in Illinois.

Can he go to small claims court for me?

It is roughly $125 to file, I have the tenants new address, there is $300 in unpaid water bil...

I've got a seller to agree to sell his property at a price that works for me. The back story is as follows:

The seller and his mother purchased this property about fifteen years ago and his mother passed awa...

In the scenario where a typical residential loan allow the borrower to live on the property for at least a year, if after 3months the borrower decides to rent the unit, how can that affect the loan? Is there any sugge...

Hello,I just purchased my first multi family unit residential rental property in Pennsylvania. One of my tenants's lease expires shortly and they are looking to renew. The lease that is currently in place is great and...

We have a signed contract for the purchase of a parcel of property.  The property is currently one large parcel being subdivided into two smaller parcels of which we are buying one.  We may enter into an agreement to ...

Getting conflicting information on this subject. Both husband & wife on W2 income w/ one rental property.Does creating a LLC help with a lowered tax rate for the rental income? Very sparse information on this subj...

So I hired a contractor to refinish a basement: frame, drywall, skim coat and paint walls, paint ceilings (joists) and concrete floors, add a bathroom and laundry room, update electric. Work is going well enough, but ...