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Updated over 7 years ago on . Most recent reply

User Stats

7
Posts
1
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Fritz Mahnke
  • Tempe, AZ
1
Votes |
7
Posts

New potential investor in Phoenix area

Fritz Mahnke
  • Tempe, AZ
Posted

Hi everyone, I discovered Bigger Pockets several months ago and have gone through the beginner guide, read many blog posts, listened to many of the podcasts, and so on. This is my first forum post.

I live in Tempe, AZ and work full-time as a software engineer, also in Tempe. After learning some of the basics, I am interested in real estate for a few reasons: 1) reduce my own living expenses to free up more cash for investing and entrepreneurship, 2) build passive income, 3) tax advantages, 4) investment diversification

Thanks to the Bigger Pockets community, I'm now ready to do my first deal. The plan for now is to start by doing the typical FHA financed owner-occupied duplex or 4 plex deal. I've arranged the financing and am now actively looking for this deal in the Tempe/Mesa area.

I'd like to connect with other members in the area and would like to learn about meetup events here as well. Looking forward to getting to know everyone!

Most Popular Reply

User Stats

7
Posts
1
Votes
Fritz Mahnke
  • Tempe, AZ
1
Votes |
7
Posts
Fritz Mahnke
  • Tempe, AZ
Replied

It's been a busy week connecting with @Ryan Swan, @Account Closed and attending AZREIA's event on Monday. We're making good progress.

This weekend, I'm going to try to build a concrete understanding of the tax implications of owner-occupied multi-family. Could someone recommend a CPA in the valley that's savvy in this area? I'd like to find someone in the valley for this.

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