All Forum Posts by: David Fawcett

Hey Victor.....I️ do it as a monthly line item. Another thing I️ like about MIP is their proformas are very “realistic”. Before I️ found MIP, some other companies do not show maintenance and vacancy as a line item. But if I️ understand your question right, yes do it as a monthly line item. And tbh, I️ like the property you picked. It’s actually the one I️ wanted 😩. But you beat me to it. Hahaha. It will be a good money maker for you.

@Victor H nieves I highly recommend that you go to Memphis and see the MIP Campus. I am also in the process of buying a turnkey property from MIP and flew to Memphis about two weeks ago to meet with them. Because of my job, I'm a very skeptical person. When I met @Mark Hart and the MIP crew I was instantly put at easy. In my opinion (newbie opinion) they are a very professional company. Mark took me all around and taught me about the City of Memphis.

Let me know if you have any questions that I can answer for you.    

Mr Tucker thank you and I will send you a request, just as soon as I figure out how to do so. Lol Mr Heller thank you for the information. Once again I thank everyone for the information it’s a great help to a new person.

Kevin, thank you sir! Based on some info that was provided in this post I’m actually looking towards the areas that you are from. Do you have any insight that you would like to share that could help me with location or areas? Thank you in advance

Wow. Thanks for the article. I haven’t had a chance to read on BP too much. I’m gonna have to take a couple weeks and just read articles

@Basit Siddiqi. Thank you for all the information. It has been a great help! @Kulin Dakwala. I haven’t really targeted a specific area yet, just a general area. Why do you like the area to the north do Dallas?

Thank you for the information. I heard someone talking about Texas charging an out of state investor tax, but I couldn’t find much on the subject. Thank you for the link. I’m leaning toward the Dallas Fort Worth area, but I’m not locked into that. Lol. I’m always open to ideas or other people’s opinions.

Hello everyone!

I'm a newbie from California.  I have been reading a lot of books and listening to a lot of different podcast.  I'm looking to buy single family properties in Texas.  My thought is to buy and hold these properties for a long period of time.  

Does anyone know if Texas has an investor tax for out of state investors?  If anyone knows the answer or can point me in the right direction to find it myself that would be great?  Thank you in advance.