Chris Stromdahl
What are closing costs?
I know this may sound like a crazy question, but I would like it clarified.What are closing costs?What expenses are including in the closing costs?Any general rule of thumb/guideline for estimating closing costs?Thank...
Marian Smith
Auction tip...learn from my experience
Just wired funds to close on my second auction purchase...2 years after last auction purchase. Yea!
My beef: To add to the 1) exorbitant 2.5k auction fee (which I got mostly back at auction close on my first auction ...
Stuart Drake
Surplus Sale in Indianapolis, IN
I have purchased property before at the annual Tax Sale, but have not ventured to any of the surplus sales, as of yet. Unfortunately, the amount of information that Marion County has available is limited. When purchas...
JM I.
Excessive Closing Costs?
I'm in the process of buying my first property (a condo in the northern suburbs), and I close in mid-October. It will be my primary residence (not an investment) and I'm putting 20% down. My FICO is 804 and I was appr...
Blake Clement
Tax Strategies for Rentals
I have 3 doors that generate $3,500/month in rent. My goal is to buy a 4 plex this year. My wife has a W2 job that she makes about 63k/ year. I have a W2 that makes about 80k/ year. We owed about $2,200 in taxes last ...
Berridge Thomas
Consolidating IRA funds
Hello all! I am in the process of searching for a rental property and am getting my finances in order to be able to make cash offers. I have an IRA account from an old job. I no longer contribute to the account, so it...
Vinod Badami
Philly - Title, Recording and Transfer Charges - Is this correct?
Hi, for a house with a sales price of $99K I got the following charges. This seems very high but just wanted to get some feedback since this is the first time doing a purchase in Philly. Your help and feedback is grea...
Brad Herb
Syndication using SDIRA $
I have an opportunity to invest in a syndication. Initially I was planning to withdraw Roth IRA $ to invest. However, the sponsor said there is an option to invest in the syndication with a SDIRA. I am interested to ...
Wakes Andre
Can I use property taxes toward purchasing an investment property
Its a time of the year when I need to pay Property Taxes in a few counties. Combine sum for the properties I have is about 8-10 K per year.Is there any way I can postpone paying the taxes and put them toward purchasin...
Jennie Berger
What's fair / the going rate for a Fiduciary?
Hi Y'all:We're in the stages of possibly transitioning away from our financial advisor at a large institution to a third party custodian and hiring a true Fiduciary. The one I'm considering right now is fee based only...