Hi All, I've seen where some estimate closing costs as 3% of purchase price. I bought a $200k house and it was in this ballpark. I was looking at a $50k foreclosure, and wondering if this rule of thumb applies to home...

I am trying to rent out a house and was wondering if any other landlords make the tenant pay for water and sewer bill or should I the land lord pay that?

A duplex property came onto the market for 200k yesterday.  I went to see it first appointment at 8am and submitted an offer at asking price.  My agent said it's in an estate and we'll need to wait for 3 approvals bef...

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I have been working in house rehabilitation for about 10 years. I’ve done all the work myself but my most recent project I brought in a general contractor to help scale my business. We established a contract that in...

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I was wondering because of the "trader status" if you sell too much real estate if it's better to put the word Apartments or Rentals in the name instead of a generic nameLike Outback Apartments LLC instead of Just Out...

A duplex I’m analyzing is for sale for $110k. Each side would rent for $660/mon so $1320 total. Mortgage would be $661/mon and this includes RE taxes and insurance. My down payment is from my HELOC and will need to st...

We recently leased a home to allow us some time to find land and build a new house.  This is not my first rodeo in rentals, private landlord, and leasing company. When we moved in the previous renters left a ton of de...

3-yr tenant left very dirty walls, and ceilings(!).  If cleaning isn't effective , can I charge for painting to restore to move-in condition?   Even tho painting was done over 5 yrs ago, the place was pristine at move...