About to rent out my newly purchased house. Want to a dad a late fee to the lease . I’ve read some charge 10 percent of rent , plus 10 per every day late . Seems high . Is that typical? What’s your late fee policy , i...

Do I need a special realtor to sell my property while I am still in bankruptcy?  I will not be able to stay in bankruptcy after next month because I will not be able to keep up with my payments.  Should I wait until  ...

With RadioShack intending to close 1100 stores, I began to wonder about the leaseholders on the affected property. In my residential real estate business, I am allowed by law to withhold a "reasonable" amount from ...

I’m looking at a new MLS listing 5BR/3BTH rent ready home who’s owner has died and the kids are trying to sell through an agent.  No mortgage and the kids just want to sell it, avoid taxes and be done with it.  My buy...

Do people use LOIs as their initial bid to buy a property, or do you work out price and terms verbally then make a LOI?

What is the typical turnaround time for approval or response to a letter of intent for a commerc...

I applied 6/27 with the first months rent and the application fee. It’s now 7/7. 11 days since I applied. They’re closed Sunday/Monday’s and were closed the 7/4 & 7/5. Making it 7 official business days and I’ve h...

So we wasted a few weeks in escrow with a Clown. We have a cheap 4 unit that he agrred to buy for 60k. At first he proposed his offer would be contingent on it being rehabbed and rented. Prior to agreeing we changed...

Is proof of funds required to simply submit offer?  I've submitted two offers in the past and was never asked for it. I was told it would only be required if the offer is accepted and the bank/owner wanted to move for...