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All Forum Posts by: Phillip Davis

Phillip Davis has started 37 posts and replied 81 times.

Post: Investment property insurance

Phillip DavisPosted
  • Rental Property Investor
  • Edgerton, WI
  • Posts 86
  • Votes 35

I am purchasing a duplex and need to get some concrete numbers and quotes. I did some research and ran my numbers on the high end of the spectrum, wasn't sure if there is a site to get multiple quotes all in one place to save some time. Thanks all!

Post: Investment property insurance

Phillip DavisPosted
  • Rental Property Investor
  • Edgerton, WI
  • Posts 86
  • Votes 35

Looking for insurance on a investment property in Michigan, Grand Rapids, Muskegon. Any suggestions or price range would be great! Thanks everyone!

Post: creative property financing

Phillip DavisPosted
  • Rental Property Investor
  • Edgerton, WI
  • Posts 86
  • Votes 35

Hi all, I was reading different ways of financing, I heard the podcast with david horn I believe and was wondering if people still bought properties with credit cards. I came across a couple articles where people would pay themselves with 0% intro rates through paypal and avoid cash advance charges and do this for a couple cards and pay for properties. What do you all think? Can anyone provide reasonable math? Has anyone tried this? Am I crazy for thinking this cannot work?

Post: [Calc Review] Help me analyze this deal

Phillip DavisPosted
  • Rental Property Investor
  • Edgerton, WI
  • Posts 86
  • Votes 35

Thanks for the response everyone, for closing costs I was able to get the seller to pay most of mine with the leftovers being rolled into cash at close. I had my uncle who is the contractor doing the work walk through with me so I am fairly comfortable with those numbers, any other expenses I may be forgetting? Thanks

Post: New Member in Grand Rapids, MI

Phillip DavisPosted
  • Rental Property Investor
  • Edgerton, WI
  • Posts 86
  • Votes 35

Welcome to BP Dan! I would suggest local meet ups, there really inspire you to go after what you want and a great resource for learning from people who are doing what you want. Second would be don't quit, always being asking yourself how can I. God Bless and be well!

Post: [Calc Review] Help me analyze this deal

Phillip DavisPosted
  • Rental Property Investor
  • Edgerton, WI
  • Posts 86
  • Votes 35

View report Trying to hammer out the numbers for my first deal, please let me know if I am forgetting anything or any suggestions! Thanks everyone!

*This link comes directly from our calculators, based on information input by the member who posted.

Post: [Calc Review] Help me analyze this deal

Phillip DavisPosted
  • Rental Property Investor
  • Edgerton, WI
  • Posts 86
  • Votes 35

View report

*This link comes directly from our calculators, based on information input by the member who posted. I am looking at my first deal for a house hack and this is the best I have come across in a lot of analysis. Please give any and all advice for a newbie! Thanks

Post: Wholesalers Madison WI

Phillip DavisPosted
  • Rental Property Investor
  • Edgerton, WI
  • Posts 86
  • Votes 35

Looking to owner occupy 1-4 family properties 

Post: New young investor in Wisconsin. Any advice?

Phillip DavisPosted
  • Rental Property Investor
  • Edgerton, WI
  • Posts 86
  • Votes 35

Hello Yuriy! I am a newbie as well currently working on my first deal as a house hack, I can’t really give advice yet but can encourage you to get in there and don’t quit! Also welcome to the area and best of luck to you and your family!

Post: Hard money lenders, private

Phillip DavisPosted
  • Rental Property Investor
  • Edgerton, WI
  • Posts 86
  • Votes 35

I am looking for hard money lenders in the Madison WI area to start my investing career with. Currently am looking at the brrrr strategy with house hacking my first duplex, thanks for your time!