Most, if not all, real estate agents make money through commission. A commission is a fee paid to an agent for performing a transaction. A commission is usually a percentag… See more

Gross Rent Multiplier is the ratio of the price of a real estate investment to its annual rental income before accounting for expenses such as property taxes, insurance, … See more

The 28/36 Rule states: that a household should spend a maximum of 28% of its gross monthly income on total housing expenses and no more than 36% on total debt servic… See more

Discount points, also known as mortgage points, are prepaid interest. If you (a borrower) want a lower monthly payment and have enough money to purchase some discount po… See more

States vary in property tax rates and deductions very as well. Widows, legally blind people, service members, and other particular groups get deductions; this aspect vari… See more