![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/921359/small_1621505586-avatar-rochelled2.jpg?twic=v1/output=image&v=2)
31 March 2020 | 55 replies
It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris Scam and/or Morris Invest Fraud for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1398066/small_1621511924-avatar-davidj454.jpg?twic=v1/output=image&v=2)
8 March 2021 | 22 replies
The house is in the Kansas City, MO 64130 area and was built in 1966.I'm not sure if this is a solid resource to see expected appreciation values or not, but it's one I've found:https://www.bestplaces.net/housing/zip-code/missouri/kansas_city/64130The TurnKey company appears to be unwilling to reduce the sales price at all, claiming that the opportunity is strong and that they believe in the offer regardless of the low appraisal.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1076400/small_1621508495-avatar-thomasp122.jpg?twic=v1/output=image&v=2)
11 March 2020 | 1 reply
This includes entities that have impersonated genuine firms.From the site: “The PAUSE Program lists entities that falsely claim to be registered, licensed, and/or located in the United States in their solicitation of investors.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1557643/small_1621513562-avatar-christophero73.jpg?twic=v1/output=image&v=2)
19 April 2020 | 22 replies
It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris Scam and/or Morris Invest Fraud for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.
12 March 2020 | 0 replies
I have read a lot about advantage of claim "active participation", but no article about any pros on NOT claiming active participation.I have placed a couple of properties in service in 2019 and will have a loss that can offset up to 25,000 active income assuming i claim active participation (I am not a real estate professional and I know I cannot claim "material participation").
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1660684/small_1621514573-avatar-chrisnjamie.jpg?twic=v1/output=image&v=2)
12 March 2020 | 9 replies
This has been the general consensus of all the medical professionals that I've spoken with recently.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/174288/small_1621421648-avatar-integrityokc.jpg?twic=v1/output=image&v=2)
1 July 2020 | 24 replies
So i would say if your shopping in the affordability index and you have a job in medical, utilities, gov, education or other essential service rates are low and its time to buy.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1282284/small_1621510958-avatar-scottmac100.jpg?twic=v1/output=image&v=2)
12 March 2020 | 0 replies
Hi everybody,I have a question about Dr Cashflow, the program to rent 3 bedrooms in a (fully furnished) 3-br unit to the Federal Government to house disabled people.The sales hype seems to claim 3 times market rent compared to the same unfurnished unit rented to a family.Are you achieving 3 times the market rent for a 3 bedroom (or is this sales hype as in one guy did it one time kind of thing)?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1619503/small_1621514221-avatar-shawne41.jpg?twic=v1/output=image&v=2)
13 March 2020 | 3 replies
Please please do not ever use a quit claim for anything except in divorce where one party relinquishes claim (quit claim).Always use a warrantee deed in both directions AND best to do this at the same attorney that closed this in the first place who issued the title insurance.