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All Forum Posts by: Michael P.

Michael P. has started 29 posts and replied 1873 times.

Short-Term & Vacation Rental Discussions

Post: Is 45 years old too late to be financially free?

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,949
  • Votes 2,398

My life would be pointless without my job I would watch tv all day and get depressed.

I like job money and REI money coming in at the same time.

I guess I’m a rare one that like my job.

1 Vote
New Member Introductions

Post: Feeling Lost - First Property Looks Cash Flow Negative :(

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,949
  • Votes 2,398

Google “recast a mortgage” maybe it will help you

2 Votes
Foreigners Buying in the USA

Post: Australian - paying cash for property to hold and rent.

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,949
  • Votes 2,398

Try chatting with @Engelo Rumora he’s an expert in that price range and an Aussie.

1 Vote
Buying & Selling Real Estate

Post: Foreign Investor - How I turned $500K into $2M

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,949
  • Votes 2,398

Are you on Instagram just wanted to uhh follow the Detroit projects

0 Votes
Florida Real Estate Q&A Discussion Forum

Post: Contrarian view for real estate ownership. Life long investor.

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,949
  • Votes 2,398

Dont worry about the birthrate.

If current trends continue, the population of the United States will rise to 438 million in 2050, from 296 million in 2005, and 82% of the increase will be due to immigrants arriving from 2005 to 2050 and their U.S.-born descendants, according to the Pew Research Center.

0 Votes
Innovative Strategies

Post: 10k mobile home. Buy with cash or finance then rent out?

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,949
  • Votes 2,398

Personally I’m financing my next toothbrush purchase over 30 years.

1 Vote
Investor Mindset

Post: Buy a Tesla Model 3?

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,949
  • Votes 2,398
Originally posted by @Jay Hinrichs:
Originally posted by @Jess White:

@Jay Hinrichs Let the record show, this is the first opinion of Jay Hinrichs I agree with. Haha

well I have 35,000 up votes so someone agree's with me sometimes..  the auto mobile threads on BP always go like this or the frugal don't spend a dime put it all into real estate go like this as well.   I just happen to be a very happy tesla owner.. totally bias of course.  

 PHEEWWW BOY that was SAVAGE and amazing

0 Votes
Investor Mindset

Post: Buy a Tesla Model 3?

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,949
  • Votes 2,398

Throw it up on Turo ‘dot’ cöm and get some short term tenants to pay down the loan

0 Votes
Buying & Selling Real Estate

Post: To BRRRR or not to BRRRR

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,949
  • Votes 2,398

Huge canyon between # ppl 0 deals and # ppl 1 or more.  Step 1 cross the canyon. Step 2 optimize.

0 Votes
Wholesaling

Post: Wholesaling & real estate

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,949
  • Votes 2,398

 If I was you I’d work hard on nursing to make more money to start off including lots of time and a half overtime hours

0 Votes