Skip to content
×
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
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
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: Dave Passey

Dave Passey has started 10 posts and replied 232 times.

@Brandon Turner

What aspect of mobile home parks attracts you the most? What makes a deal for YOU when assessing a mobile home park?

Post: Ideas for financing options for real estate investors

Dave PasseyPosted
  • Investor
  • Missoula, MT
  • Posts 242
  • Votes 177

@Harmony Brown

You are probably going to be wanting to look at commercial loans. They will base it much more off of the property than your personal income. 

Post: I Made Huge Returns on Low-End Rentals and You Can Too!

Dave PasseyPosted
  • Investor
  • Missoula, MT
  • Posts 242
  • Votes 177
Hey @Lance Wakefield this has some good ideas and things to think about for our endeavors this year.

Post: Cannabis legalization and landlords mitigation plan

Dave PasseyPosted
  • Investor
  • Missoula, MT
  • Posts 242
  • Votes 177

@Jeremy Blevins, All good my man. There are just too many things in life that insurance will or won't arbitrarily cover at various times. My guess would be that in a couple of years this will all be a moot point anyway.

Post: Is it a good time to buy real estate with possible recession?

Dave PasseyPosted
  • Investor
  • Missoula, MT
  • Posts 242
  • Votes 177
@Lizzie Forrester Who said there is a recession coming in 2019? There is no time better than now to buy real estate. Just make sure that you buy good deals. If it is a buy and hold property, then make sure the rents make sense. Would it matter if there is a recession? If the value of the property drops but it is still working as a rental, does that make it a bad purchase?

Post: Starting my road to 100 Units by 40yrs

Dave PasseyPosted
  • Investor
  • Missoula, MT
  • Posts 242
  • Votes 177

I don't see why not. My partner and I have a goal to get 300 in 2019 alone. Keep that up over 8 years.... 

Post: Starting my road to 100 Units by 40yrs

Dave PasseyPosted
  • Investor
  • Missoula, MT
  • Posts 242
  • Votes 177

That's more like it!! Tell you what, I just turned 32 this week and I will do that goal with you. 1000 units by age 40

Post: New to wholesaling, can someone help?

Dave PasseyPosted
  • Investor
  • Missoula, MT
  • Posts 242
  • Votes 177

Check out @Lance Wakefield

I know he is going to be taking on some wholesale coaching clients in 2019. His company is The Win Win Method I think you can find that on Facebook and Instagram and stuff. You can check him out on on episode 236 of the Bigger Pockets Podcast. 

I don't know exactly what you are looking for, but he certainly knows his stuff.

Post: Starting my road to 100 Units by 40yrs

Dave PasseyPosted
  • Investor
  • Missoula, MT
  • Posts 242
  • Votes 177

Good luck @Ernest Partin! If you work hard at it, there is no reason that you can't hit and far surpass that goal!

Post: Oahu Market—are prices dropping??

Dave PasseyPosted
  • Investor
  • Missoula, MT
  • Posts 242
  • Votes 177

It's just December. Prices are regularly lower nation wide, and Hawaii is no exception. Kailua has always been a good area, but you are probably just at the wrong time of the season for retail sales. My guys that are doing business on Oahu haven't really noticed a slowing yet, but that is obviously not the end all be all.