Medical Doctor and Business Owner

Member since 2024 · 1 post · 8 votes

I am a small business owner who has been involved with multiple syndicates in the past. But I’ve come to realize in order to maximize the tax benefits and long-term earnings. I need to start buying my own properties. I’m here to help build my team. include my realtor tax professionals And everything I’ll need to buy my first multifamily unit and then add additional ones thereafter

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Min ZhangBusiness Member

Real Estate Agent · Member since 2022 · 1k+ posts · 1k+ votes

That’s a smart move, Aaron! Moving from syndicates to owning your own properties can really up your tax benefits and earnings. Just make sure to build a solid team with a great realtor, tax pros, and all the right resources.

Having started in Columbus and grown up in Cleveland, I can say Ohio is a great place you should consider. Columbus has seen impressive growth in appreciation and job opportunities, with around 80 people moving there every week. If you’re working with a lower budget, say $100-$150k, Cleveland could be a fantastic option. I’ve seen cash flow in the 10-18% range there, with plenty of potential for growth. I’d love to help and connect you with my team in the area. Let me know how I can help!

[email protected]614-412-2912

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Min ZhangBusiness Member
Real Estate Agent · Member since 2022 · 1k+ posts · 1k+ votes
2y
That’s a smart move, Aaron! Moving from syndicates to owning your own properties can really up your tax benefits and earnings. Just make sure to build a solid team with a great realtor, tax pros, and all the right resources.

Having started in Columbus and grown up in Cleveland, I can say Ohio is a great place you should consider. Columbus has seen impressive growth in appreciation and job opportunities, with around 80 people moving there every week. If you’re working with a lower budget, say $100-$150k, Cleveland could be a fantastic option. I’ve seen cash flow in the 10-18% range there, with plenty of potential for growth. I’d love to help and connect you with my team in the area. Let me know how I can help!

[email protected]614-412-2912
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Samuel DioufBusiness Member
Real Estate Agent · Columbus & Cleveland, OH · Member since 2023 · 1k+ posts · 1k+ votes
2y
That sounds like a solid plan! Real estate can be an amazing tool for reducing taxes. What markets are you looking to start buying in?
When building a team, I would always start with a great agent first so they can connect you with other top performing service providers.
[email protected]614-662-1652
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Miguel Del MazoPro Member
Northeast Georgia · Member since 2023 · 140 posts · 170 votes
2y
Welcome, Aaron.
As a fellow MD, I would advise making sure that you are playing defense very well before continuing your RE investing journey. Make sure you have great disability insurance (Guardian is top notch), a great umbrella insurance policy, and an LLC with a thick corporate veil (and great property insurance). Too many folks think that physicians have deep pockets (if we do, it's not from just being an MD), so we are an attractive target for lawsuits. Protecting your income, wealth and investments requires adequately layering insurances, and it is probably worth getting an expert involved.
Best of luck.
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Jimmy LieuBusiness Member
Real Estate Agent · Columbus, OH · Member since 2019 · 3k+ posts · 2k+ votes
2y
Quote from @Aaron Hartman:

I am a small business owner who has been involved with multiple syndicates in the past. But I’ve come to realize in order to maximize the tax benefits and long-term earnings. I need to start buying my own properties. I’m here to help build my team. include my realtor tax professionals And everything I’ll need to buy my first multifamily unit and then add additional ones thereafter

Hi Aaron, that is a wise decision! Since you're planning to buy your first multifamily unit, I suggest looking into markets that have great macroeconomics with growing population and jobs just like Columbus OH. There are lots of major companies moving and building out here like Intel, Meta, Google, Honda, etc. Additionally, find a realtor who can easily plug you in with their system and network of GCs, lenders, PMs, etc. Happy to connect and answer any questions you may have!
[email protected]614-300-7535
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James Wise
Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
2y
Quote from @Aaron Hartman:

I am a small business owner who has been involved with multiple syndicates in the past. But I’ve come to realize in order to maximize the tax benefits and long-term earnings. I need to start buying my own properties. I’m here to help build my team. include my realtor tax professionals And everything I’ll need to buy my first multifamily unit and then add additional ones thereafter

Welcome aboard bro.
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Account Closed
Realtor · Cleveland, OH · Member since 2023 · 340 posts · 215 votes
2y
Hi, welcome! Yes, come and check out Ohio my clients from all around the world would agree. Thanks for reaching out with your questions. Good Luck!
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Kerlous TadresBusiness Member
Realtor · Columbus, OH · Member since 2023 · 1k+ posts · 1k+ votes
2y
Quote from @Aaron Hartman:

I am a small business owner who has been involved with multiple syndicates in the past. But I’ve come to realize in order to maximize the tax benefits and long-term earnings. I need to start buying my own properties. I’m here to help build my team. include my realtor tax professionals And everything I’ll need to buy my first multifamily unit and then add additional ones thereafter

Hey Aaron,
That's awesome! Would love to give you any insight or info that I can. I currently have two duplexes and still looking to add more.
[email protected]614-490-1163
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Justin Eckert
Rental Property Investor · Member since 2024 · 4 posts · 0 votes
2y
Hey Aaron, great to hear it. I'm a full time real estate investor. I have a lot of experience with multifamily units and like to help people succeed who are getting into it. Message me if there's anything I can help you with.
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