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All Forum Posts by: Michael P.

Michael P. has started 30 posts and replied 1901 times.

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

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,979
  • Votes 2,439
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 1,979
  • Votes 2,439

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 1,979
  • Votes 2,439

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 1,979
  • Votes 2,439

toilet exploded??

Post: Looking for some advice

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,979
  • Votes 2,439

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 1,979
  • Votes 2,439

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 1,979
  • Votes 2,439

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 1,979
  • Votes 2,439

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

Post: current interest rate for mortagage loans

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,979
  • Votes 2,439

Ask your mom for money at 3.5% hehe

Post: Joe Biden - Eliminate stepped up basis

Michael P.Posted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,979
  • Votes 2,439

Flipping channels, watched 5 minutes of JB’s first campaign rally.  Says eliminate stepped up basis on capital gains to help lower cost of education.