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All Forum Posts by: Daniel P.

Daniel P. has started 4 posts and replied 98 times.

Post: Investors Within Morgantown or Martinsburg WV Area

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70
I grew up in Romney and now live in Winchester and actively looking to invest in Inwood. Hit me up sometime! Daniel

Post: Morris Invest Case Study 2.0

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70

Great thread. I reached out to this company earlier this year and didn't get a great feeling from them. My POC was Larry as well ironically and like others stated communication could have been better. I opted not to pursue this when I couldn't get good pictures. I only got 1 pic (a bad one at that) and was unable to get anything else. I think I was too much work for them because I had lots of questions and concerns and I never heard back from Larry after trying to get the information I was requesting. 

Post: Proof there is profit in low income areas! ~ Petersburg, VA ~

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70

That is awesome! I am in VA and have considered that area but just don't know enough about it yet.

Post: Correct ME if I'M WRONG....BUT.....? RENTAL is a BAD idea......

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70

I am not in a financial situation to where I need the losses but if someone was doing this maybe their strategy is long term and once paid for it is passive income. Again, not for me but...

Post: Hello my fellow NOVA members!

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70
I am out in Winchester and work in NOVA and in fact have done work at DOL.

Post: Investing in Turnkey? You need to know these 3 things!

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70

Nice read! I have considered doing turnkey but opted not to since I like to be kind of hands on. Instead I have learned to be patient to find a deal that I think is worthwhile. 

Post: QUIT MY J-O-B!!! Rental Income > Salary = Time to Resign

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70

Congratulations!

Post: As a beginners wait for good deal or just buy decent house ?

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70

I am in no way an expert but it appears to me that you make money on this. If you finance, your loan will be for 104k (20% down) which means a payment around $500-600 depending on rates/credit score. This doesn't include taxes, insurance, repairs, property management and such.