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All Forum Posts by: Winston Risser

Winston Risser has started 7 posts and replied 69 times.

Post: Real Estate Portfolio Advisor ?

Winston Risser
Pro Member
Posted
  • Rental Property Investor
  • Redmond, OR
  • Posts 72
  • Votes 13

Jeff, Thank you . I have been in contact with Denver over the weekend.

Post: Real Estate Portfolio Advisor ?

Winston Risser
Pro Member
Posted
  • Rental Property Investor
  • Redmond, OR
  • Posts 72
  • Votes 13

As a team we currently have 78 units across 6 properties under management and currently developing one more arriving at 110 units by spring 2025. We have grown this real estate holding by hard work and using our natural skill set to develop and value add apartment properties. 

 Do you know the best way to hire a free lance individual or a firm to look over where we are currently , and project using experience and financial models if it is best to hold these assets long term , 1031 into larger properties or any other possible scenarios that we could review and make a decision if it is something that makes sense for our goals?  Third party perspective with someone who has experience in growing a real estate portfolio and can advise different avenues that are possible based on where we currently are at. Where would I look for this ? Have you ever hired someone like this? 

Post: when to get CPA

Winston Risser
Pro Member
Posted
  • Rental Property Investor
  • Redmond, OR
  • Posts 72
  • Votes 13

I prefer having a CPA in general . However it is not required prior to investing. Do some research on setting up a LLC with a real estate attorney in order to put properties in at closing . Along with a bank account in the business name to keep things clean . That being said getting a property is better than being fully prepared.

Post: Inactivity breeds just that

Winston Risser
Pro Member
Posted
  • Rental Property Investor
  • Redmond, OR
  • Posts 72
  • Votes 13

I here you @George Smith . It is a challenge to stay committed to every aspect at life. That is my focus as well. See you around BIGGERPOCKETS 

Post: Answering service

Winston Risser
Pro Member
Posted
  • Rental Property Investor
  • Redmond, OR
  • Posts 72
  • Votes 13

What about having a virtual assistant that answers your google voice number so that someone is always answering your calls? I have never worked with a VA and know you have to find a good one .

I know you can forward all your calls that come in to another phone but i have never heard of a service like your talking about. Maybe you should create it : )

Post: First duplex in Dallas, TX

Winston Risser
Pro Member
Posted
  • Rental Property Investor
  • Redmond, OR
  • Posts 72
  • Votes 13

Very cool @Sam White . Way to grind

Post: looking for new friends

Winston Risser
Pro Member
Posted
  • Rental Property Investor
  • Redmond, OR
  • Posts 72
  • Votes 13

@Account Closed Welcome to BIGGERPOCKETS. Sounds like you have some experience in business. There is so much free education on this site that it is not even necessary to pay for a class.

There is many ways to invest real estate and so much information that it is easy to read read read and do a little of each until you figure out what really fits what you like to do.

Your goals sound good

Post: Seller financing question, Need Help

Winston Risser
Pro Member
Posted
  • Rental Property Investor
  • Redmond, OR
  • Posts 72
  • Votes 13

WOW @Jon Holdman I have never seen those different contracts explained so well. Thank You

Post: New member in Athens, GA

Winston Risser
Pro Member
Posted
  • Rental Property Investor
  • Redmond, OR
  • Posts 72
  • Votes 13

@Alicia Waldman Way to go on using those FHA . Pretty cheap money !

Post: ben Leybovic

Winston Risser
Pro Member
Posted
  • Rental Property Investor
  • Redmond, OR
  • Posts 72
  • Votes 13

I believe as far as whole selling it always varies to what people like doing . We all have different personality types and can handle different things . All Real Estate Investing takes dedication to make it work. @Ben Leybovich is great! He was on one of the first 20 podcast i believe.