Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Michael P.

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

Post: NNN "mail-box" money

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

How much cash is needed for a deal?

Has anyone sold off some of their rentals to get into that space?

Post: New Investor Intro - DC/MD

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

I live in Montgomery county, and beltway traffic has got so bad I'm no longer even considering PG, DC, NOVA, although I have properties in Arlington, I'm not going to expand there.  Personally I would only look at deals in Montgomery county or north bound.  Or deals where I'm just in for money and no on-site work.

Post: Harrisburg, PA Rental property, first deal, need advice

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

financing on a 28k property? Sounds like building up your financial runway should be the priority at this time

Post: Soundproofing apartment ceiling

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

 I know some people who spent a nice chunk of money on soundproofing a condo with mediocre results, for what it’s worth..

Post: Sold FIRST Flip and paid off ALL Credit Card Debt!!! Thanks BP!!

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

Nice long as Ft Drum isnt BRAC’d keep on crushin it up there

Post: Buyers backed out of deal

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

How did it go

Post: Apartment Flip Buffalo NY with pics

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

Looks awesome. Boob light above the kitchen sink seems a liitle out of place, would have done a third pot light instead. I’d rent it if I was student up there.

Post: Vacation properties - Jersey

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

Remember to budget for a tanning bed in the master bedroom

Post: Investing in Moldova

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

Maze of bribes needed to run any business there not worth it.  

Post: Turnkey Out of State Investments— how does it all work?

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

They do keep their best deals for their personal portfolios. I’d do the same thing.

 I have been on the funding side since turnkey became a thing in 2001  .. I have never seen them high grade the inventory as you allude to.

IE keep the best sell the rest.. Many own very few rentals themselves... then many own hundreds and every thing in between.. Sometimes they keep the ones they cant sell the worst houses not the best.

 U r the guru.  I just heard on one specific padcast from a turnkey marketer that he or she keeps some of the (best) deals for their personal portfolio. Appreciated their honesty. Was not a direct provider tho.