How much are closing costs usually. What goes into closing costs? Commission to the realtor, inspections and what not but what else am I missing. If I purchased a property 500k what should I expect to pay at closing?
Just need a little wisdom from you guys. Closing on a real cheap property in PA 40k 20% down. Closing costs is 16% of home price. Is that normal??
I have a prospective renters, one has a resident score of 560 and the other is 533 both are Co-Signer. I know they are borderline cases but I do want my apartment to be rented. Is it a good idea to request a higher se...
A prospective tenant, who is a personal friend of my previous tenant is interested in the unit. They submitted an application, but they don’t even make twice the amount of income as the rent. They stated that they w...
Hello all, I thought I'd remembered reading that in Washington you can only do first and a deposit? Can any one clarify the law regarding this. Thanks!
I just found that the single tenant on the lease died about 4 months ago on my property. Any suggestions on do's and don'ts? Yes it has been verified.We contacted the next of kin stated on the lease. She prepaid for...
Hi BPers:I have a situation here, and this is not the first time it happened... We purchased a property in Aug 2020, closed on Aug 31st to be exact. We prepaid the property taxes for the remainder of the year (Sep-Dec...
I have recently heard several established real estate investors mention this, but specifically what does that mean? I understand "their price" but the "your terms" is throwing me off. Is there really that much you can...
Hi, I am new to the Bigger Pockets forum and to REI. I am an "accidental landlord" and am renting out a townhouse that was my personal residence. I decided to become a landlord because my townhouse development is st...