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All Forum Posts by: Michael P.

Michael P. has started 29 posts and replied 1892 times.

Post: Syracuse student rental

Michael P.#1 General Real Estate Investing ContributorPosted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,969
  • Votes 2,425

Wow those giant luxury buildings, and possably changing 2 yr to 3 yr, are big time game changers for the inventory of 100 year old duplexes.

Post: Syracuse student rental

Michael P.#1 General Real Estate Investing ContributorPosted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,969
  • Votes 2,425

I’m diggin this student rental by SU.  Obviously over-improved compared to others but could use that to advantage and get higher quality tenants.  

Is there quality property management in the area for 10%

What are your thoughts - locals chime in

https://www.redfin.com/NY/Syracuse/928-Ackerman-Ave-13210/unit-30/home/72865031?

Post: Any apartment syndicators in DC MD VA area?

Michael P.#1 General Real Estate Investing ContributorPosted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,969
  • Votes 2,425

Or you all targeting more affordable markets..?

Post: Where to purchase a SFH for "house hacking" in Maryland?

Michael P.#1 General Real Estate Investing ContributorPosted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,969
  • Votes 2,425

Montgomery County is landing the new mega Amazon HQ2 headquarters soon so buy near the white flint area and sell +50% appreciation in 5 years.

Post: how many millions are you saving for Amazon HQ

Michael P.#1 General Real Estate Investing ContributorPosted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,969
  • Votes 2,425

If it ends up near me in northern virginia, montgomery county md or DC, I would buy another rental or two for long term buy hold.  

Post: Sell property to a tenant direct, avoid realtor commissions

Michael P.#1 General Real Estate Investing ContributorPosted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,969
  • Votes 2,425

Anybody done this, did it really save a you a lot of money, did tenant negotiate tough or was easy to reach an agreement

Post: Norada Real Rstate Investments

Michael P.#1 General Real Estate Investing ContributorPosted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,969
  • Votes 2,425

I respect Mr. Santarelli for the time invested in his podcast; if you listen start to finish you'll basically have everything you need to know about turnkey investing.  However that should be balanced with the many threads on bigger pockets forums warning of the pitfalls of turnkey investing.

Post: Buy a house-hack now vs buy during next recession?

Michael P.#1 General Real Estate Investing ContributorPosted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,969
  • Votes 2,425

The San Andreas fault is long-overdue for a serious seismic shift. Your looking at 7.9 maybe 8.x quake.  I would not put my money into real assets in that part of the country.  Invest out of state in a quad so you have a place to live during the rebuild years.

Post: Model Home Leaseback Opportunity near Washington DC...Good Deal?

Michael P.#1 General Real Estate Investing ContributorPosted
  • Rental Property Investor
  • Brooke Park Drive
  • Posts 1,969
  • Votes 2,425

I see those from time to time and have wondered how it would work out.