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When selecting an agent, the best source may be your family and friends. Many may have sold a property in the past and can refer you to an agent they found to be capable. Selling a home is a complex transaction, so experience should be a consideration. Also consider agents who work for larger companies, as they tend to offer more extensive training

Commercial real estate is typically retail shops and offices while industrial real estate generally refers to factories and warehouses. The term "commercial real estate" is generally accepted these days as covering industrial as well as commercial real estate.

It's a matter of opinion in many respects, however well located and well managed commercial or industrial real estate can perform extremely well and can pay huge dividends over the long term. Commercial and industrial real estate generally offers higher returns than residential real estate with less tenant turnover and tenancy problems. Remember th

Different states have differing laws. In general, double wide homes may be considered real property only if the land on which it is situated is owned by the owner of the home, the home does not have mobile capability (wheels and motors removed) and is fixed on a permanent foundation. Today, though manufactured double wide homes may be called mobile

Typical Fee Agreement. As a baseline, expect to pay a typical residential property management firm between 8 12% of the monthly rental value of the property, plus expenses. Some companies may charge, say, $100 per month flat rate.

Most site-built homes are financed by a real estate mortgage, while manufactured homes classified as personal property are financed by chattel lending. Chattel is the legal term for personal property, as opposed to real property, which generally includes land and the structures attached to the land.