is it a certain dollar amount? or is it a percentage of the purchase price?

I am trying to sell a house using lease purchase. I am charging $5,500 as an option fee or about 3% of purchase price of $188,000.

just ...

What is everyone’s thoughts on using security deposits vs other methods? The last few places I have personally rented have not had security deposits but rather smaller non refundable fees during application process. L...

I've been following these forums for a while and I'm finally ready to get started. For my first place, I am looking for a single family home or row home that is somewhat of a fixer-upper but doesn't require full gut r...

I am in the correct spot but I am looking for a little more information on completing the wholesale process in New Jersey more specifically north jersey. I have a contract that I got from Sean Terry's flip to freedom ...

Just got a triplex (all 2/1’s) and I want to do some small rehab work to get it rent ready. I’m looking for some recommendations for the rehab. The walls need to be painted, I figure that’s an easy enough thing to do ...

Ok folks.  Newbie here.  My niche is going to be Flipping, particularly because of my construction background.  Few people in my area are doing full blown fix and flips!So, I have found a house that actually works wit...

I put a bid in for a property and my agent just told me it was accepted. My original plan was to "Hack" it: live in one unit and rent out the other. However, I am not sure if I will have enough money to complete ...

Tenant was not at home and came at night. They told me that two toilet downstairs overflowed and sewer water is in the rooms. I am still waiting on photos and details.
I have Insurance at $3.5k deductible. Tenant als...

Hello I recently sold my house and got back $70,000 in equity. I found a cute little house for $87,000 I'm going to get a loan on for 15 years with a down payment of 17,000. I will live there a year then rent out. Tha...

Hi BP team, 5 years ago I planned on saving as much money as I can so I can buy my first home here in America. I have no debt and I have a stable income in the military. Fast forward now I saved about $100K in cash,...