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All Forum Posts by: Michael P.

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

General Landlording & Rental Properties

Post: Think I outbid myself; thoughts on overpaying?

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

Probably some burnt out mom pop landlords in Rochester that will owner finance their portfolios check the reias.

0 Votes
New Member Introductions

Post: New member from Montgomery county, MD

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,949
  • Votes 2,398
Check out NASA FCU 100% financing with no PMI
1 Vote
Goals, Business Plans & Entities

Post: At a crossroads, LLCs or Umbrella Policy?

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

@Jeremy K. you dont have to form an llc in the state that the property is located.  Seems like you’re working under that assuption.

0 Votes
Goals, Business Plans & Entities

Post: At a crossroads, LLCs or Umbrella Policy?

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

You need to do much more research you don't even have a basic understanding

0 Votes
Short-Term & Vacation Rental Discussions

Post: Found adult videos shot in—and outside—our Portland Airbnb

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

I wonder if the videos will give people bigger pockets

2 Votes
Davenport Real Estate Forum

Post: Davenport Quad Cities Flooding

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

I have a couple of Air BnB units that are inaccessible at the moment due to the flooding. The units themselves are ok and we are very fortunate to be on the 2nd floor but the building is under water. 

Several of my management and accounting clients were greatly impacted as well. It's been pretty devastating but all in all, everyone was safe and the downtown will recover and be better than before!

 Love the positive attitude!

0 Votes
Davenport, Iowa
Davenport Real Estate Forum

Post: Davenport Quad Cities Flooding

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

No thanks I’m good I live in Maryland I just saw it on the news and was wondering if anyone was affected

0 Votes
Davenport, Iowa
Davenport Real Estate Forum

Post: Davenport Quad Cities Flooding

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

Anybody here affected by the flooding in Davenport Quad Cities area?

0 Votes
Davenport, Iowa
New Member Introductions

Post: New member from Montgomery county, MD

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

Plenty of good options available. My only comment would be who cares about living near the purple line do you know a single person that is trying to commute to New Carrollton? 

1 Vote
General Landlording & Rental Properties

Post: Do you trust Redfin's Estimates?

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

To much analyzing is newbieland just set your criteria of neighborhoods and rent to value 0.8 - 1.2% and buy buy buy til your rich

0 Votes