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All Forum Posts by: Eddie T.

Eddie T. has started 11 posts and replied 802 times.

Post: MEMPHIS INVESTMENT PROPERTIES Case Study

Eddie T.Posted
  • Rental Property Investor
  • New York
  • Posts 844
  • Votes 350

@Victor H nieves who is your contact person at Supreme lending group? Do you know if they lend to LLC

Post: New roof or not on owner home

Eddie T.Posted
  • Rental Property Investor
  • New York
  • Posts 844
  • Votes 350

@Sam Dal Where is this property located, do you have photos

Post: Morris Invest Review (after 8 months of ownership)

Eddie T.Posted
  • Rental Property Investor
  • New York
  • Posts 844
  • Votes 350

@Todd Fry I am truly sorry for your experience. The first thing I would do is hire an independent inspector/contractor/property manager for $50-$75 to go to the house and go over the scope of work they provided you and verify what was actually done or not done. Anything that was not done I would not let them do at this point you should just receive a refund for those funds.

Second I would look for a new property management company starting today! You cannot leave your property with this company.

Post: Morris Invest Review (after 8 months of ownership)

Eddie T.Posted
  • Rental Property Investor
  • New York
  • Posts 844
  • Votes 350

@Mindy Jensen @Joshua Dorkin It is sad that BP allowed Morris Invest to appear on two BP podcasts and gain alot of visibility and customers for his company and in return on several of Morris Invest's own videos he has spoken very badly about BP and it's members and spoken of them in a derogatory form.

After several repeated complaints about the experience alot of the BP members have had with this company the owners should be willing to come back on a BP Podcasts and answer the difficult questions that our members are asking. Not a fluff episode where he gets to put a spin on all the answers and make it look like everything is fine. Im afraid that is what would happen as he has over a decade experience in broadcasting and it is going to be very difficult to shed light on the real facts.

At minimum those BP podcast episodes should be removed from the site and Itunes for at this point the visibility and access to BP members is putting them at risk.

Post: Rochester NY | Single | Best as a Rental | Interior Updating only

Eddie T.Posted
  • Rental Property Investor
  • New York
  • Posts 844
  • Votes 350

The monthly taxes on this property are $223 a month not $137

City Tax $1710

County Tax $967

This house has been on the mls for over a month im sure the agent would not be happy about you advertising their listing as if it was your house.

Post: W-9s & 1099s: How do I pay contractors "under the table"?

Eddie T.Posted
  • Rental Property Investor
  • New York
  • Posts 844
  • Votes 350

@Linda Weygant If my contractor fills out a W-9 and then scans and email me a copy is that ok or do I need to have a physical hard signed W-9?

Post: W-9s & 1099s: How do I pay contractors "under the table"?

Eddie T.Posted
  • Rental Property Investor
  • New York
  • Posts 844
  • Votes 350

@Linda Weygant is that true what was stated above that contract services paid by credit card are exempt from 1099

Post: Colony American Finance aka Corevest Finance; any feedback?

Eddie T.Posted
  • Rental Property Investor
  • New York
  • Posts 844
  • Votes 350

@Garrett V.  @Aristotle Kumpis How did it go did you guys obtain the funding you were looking for?

Post: The thing that suprised me about my 1st BRRRR,it actually worked!

Eddie T.Posted
  • Rental Property Investor
  • New York
  • Posts 844
  • Votes 350

@Rob Terpilowski Can you break out the cost of the kitchen for us?

Cabinets $?

Labor For Cabinet install?

Countertop Cost?

Post: Rehab costs in upstate NY

Eddie T.Posted
  • Rental Property Investor
  • New York
  • Posts 844
  • Votes 350

@Colin L. Yea your going to have to be more specific on what town. I have a great roofer if you need one who could save you on cost for a metal roof.