If you own rental property, you'll have to collect rent and manage the property, or you'll pay a property manager an 8-10 percent fee to do it for you. When your tenant calls while you're on vacation to say the toilet is leaking, you must be willing and able to get the problem...
For some home hunters, the thought of maintaining an entire house and yard conjures up a bit of anxiety — and the cost of a freestandingsingle-family homethese days can send shivers down your budget’s spine. Luckily, there areother kinds of propertiesto choose from that don’t entail ne...
Investing in properties to rent out can be lucrative as long as you choose your location strategically, buy the right income property, and set accuraterent prices. However, it’s challenging for some real estate investors to determine whether an investment property will be profitable or not. Than...
A chattel loan might be your best option if you’re looking to finance a mobile home but you don’t want to buy the land. When you’rebuying a mobile homein a mobile home park where you’ll rent the land, Frey says, “These homes do not constitute ‘real’ property since they are...
You may be able to pay for these service fees out of the sale proceeds from your home. Professionals accustomed to dealing with short-sale transactions will be able to give you guidance on how to pay them. Fast Fact New rules for the National Association of Realtors, expected to take effe...
While Primm makes it sound simple to put a small amount of money down to buy a house, borrow the rest from the bank and then sit back and reap the rewards when the value of the house increases, it's much easier said than done. ...
Sell your house fast with a real estate agent What are the benefits of selling with a top agent? What do you need from your agent? 4 tips to sell your house faster How does it work? Below, you can read feedback from sellers who connected with a top-performing agent through HomeLight...
One way to do this is to answer the question: Isit cheaperto rent than buy? If buying works out to be less expensive than renting, that's a strong argument in favor of purchasing. Similarly, it's worth thinking about the longer-term implications of a home purchase. For generations, buyi...
A condo owner might be subject to monthly COA fees that help to maintain a complex’s common areas, community amenities, or the upkeep of the condo community exterior (like landscaping or trash removal). The monthly payments for apartment renters usually only consist of rent and utility charge...
Service Options for Moving From NYC to LA When moving, you can typically choose from three options: DIY move: For this, you’ll need to rent transportation and do all or most of the move yourself. While it’s the cheapest option, it requires the most work on your part. Rental truck ...