Kelly Kolker
Investing internationally - Europe
My partner and I currently live overseas exploring other interesting markets for real estate investment, predominantly in Europe. We'd like to learn more about whether this is smart financially from a tax perspective....
Mahmuda L.
Normal wear and tear or damage?
Is a malfunctioning bathtub drain stopper switch normal wear and tear or property damage under broken fixture?It's a shared bath so harder to point fingure at one tenant. It's also an old house I purchased a year ago ...
Ryan K.
Using seller's title company?
I'm buying a REO, Wells Fargo is seller, and they offer to pay for owners title policy if I use their chosen title company. This could be a decent $$ savings. Who has gone this route before and any opinions whether g...
Robert C.
Maryland Closing Costs - 12k on a 106k loan??
Hi, my lender is quoting 11.8k in closing costs on a 106k conventional loan for a property in Baltimore County. This is just for closing costs + prepaids, excludes discount points. It seems insanely high. Does this s...
Stephanie Brown
Split large duplex into 2 tax lots?
Hello all,
my partner and I are new to the game and she has found a property and wants to explore being able to split a duplex into two tax lots. this does not sound in anyway advantageous to me but wanted to check ...
Amit Rana
Refinance or float
Hello!
The condo I live in was bought using 5/1 ARM back in 2005. The ARM rate began floating in 2010 and since then the interest rate has been around 2.625% with next adjustment happening in April 2015. I ha...
Mike McKinzie
Tax Deductible??
I did something new this year. I had a prospective tenant offer to lease a rental house I own if I would buy out their current lease. The cost of the buy out was very close to one month's rent on my rental, so it wa...
Dee Brock
first purchase- BRRRR error
question: I am closing on my first BRRRR on may 12th and I underestimated the closing costs 4k( I figured 1500) and repairs about 3k off. I will be 6500k out of pocket after my refi, unless I get lucky and the AVR is ...
Daniel Levine
Discount Rate
How do I determine a reasonable discount rate? Can I use the cap rate? I am trying to calculate the IRR on a few different investment options. Thanks.
Jonathan Roveto
Worth buying land and constructing duplex?
I noticed some land nearby my neighborhood that is zoned multi-family. I have been wanting to get into more concentrated properties, and I was wondering if anyone had any advice/"Don't do it" for the possibility of bu...