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All Forum Posts by: Michael P.

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

Post: Do you trust Redfin's Estimates?

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

Thats on you to verify via county website

Post: ROOFSTOCK non traditional way to buy and sell properties

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

Definitely buy 1% anything lower its like whats the point.  If roofstock doesnt have 1% there r other turnkeys that do

Post: First Day...... 35 inquiries!!!!!

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

@Theresa Harris

Yes I agree! My price might be to low

I am charging 800.00 move in fee because of demand

 I would just raise the monthly rent 100, get extra 1,200 each year they stay  What is benefit of one time fee?  

Post: Explain the hatred of pitbulls

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

He wears pink suits and his “music” sucks. I just don't like him.

Post: Investing in a property in Texas or Florida while living in Cali

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

His goal is to defeat superman!!

Post: Just Completed BRRRR On Ten Property Package Deal

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

toilet exploded??

Post: Looking for some advice

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

How do u flip a house with a 20k bonus?

Post: Turnkey in Memphis TN

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

Shauna I would look at all excellent turnkey companies, there are not that many, and then find the best match for you. No reason to limit yourself to only Memphis based turnkey operators.

Post: Graduating from Turnkey to BRRRR investing

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

Cant one repair wipe out cashflow on a brrrr’d property just as it could on a turnkey.

Post: How can I show depreciation for my properties? Tips?

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

You don't need to pay for a CPA just use TurboTax it can easily do the depreciation deduction for you.