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In a rent-to-own agreement, the tenant can purchase the house after a lease period. As a security deposit, you’ll have to pay lease fees upfront. Usually, this lease fee works as a down payment in most cases. It can be low as 1% and can go up to 10%.  But should you consider the rent-to-own…

A property manager, manages properties on behalf of the property owners. They handle things like maintenance, repairs, tenant selection, etc. If you’re a property manager, you already know how hectic these things can be. However, if you follow these guidelines, you can make your property management job easier and complete all the tasks efficiently. 6…

Whenever we hear the word “Recession,” the financial crisis of 2008 comes to mind. It was a devastating time; stocks went down, the housing market crashed, and there was turmoil everywhere. When there is consecutive negative growth in two quarters, it is called a recession. Usually, the NBER analyzes the quarterly growth and declares a…

Usually, while selling the property, sellers have to pay more closing costs than buyers. Still, many buyers would ask sellers to pay the buyers’ closing costs. You may think, why would a seller pay the closing costs of a buyer. It actually depends on a few factors, and if you want a successful deal, you’ll…