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Updated 6 months ago,
Accountant Seeking Mentor
Hello everyone,
I am a corporate accountant based in the Philadelphia area. I currently own one property (it's a single family home that I rent), but want to expand my portfolio by purchasing some multifamily units, rehabbing, and eventually building. I am seeking a mentor within the greater Philadelphia area who can provide guidance on raising capital and investment strategies. Personally, I find the idea of purchasing property at a PA upset sale or judicial sale and flipping it incredibly promising, but understand there are some serious challenges that come with this.
I do have some real estate experience, but it is minimal. Currently, I specialize in financial reporting, crafting 10-Q/Ks for public companies, proxies, GAAP consolidated financials, and private investor reporting. In exchange for mentorship, I can offer my accounting experience to assist with your real estate portfolios. This includes creating financial reports, ensuring compliance, analyzing data, etc... I understand that many creditors may request GAAP financials depending on the size of the debt/loan to then audit (I am not sure how prevalent this is for smaller real estate investors), I can provide these services. Just a point to note, I am not a tax accountant, so for those matters I won't be able to assist, but I do have a strong network of accountants who can readily provide tax services.
If you are an experienced real estate investor or property manager and are open to mentoring, I would love to connect with you.
Thank you all in advance for any advice or assistance!