All Forum Posts by: Ben Trageser

Welcome! Sounds like you are on the right track and at the right place here.

First thing you need to think about is where you want to live geographically. Do any of these locations make sense to you? Visit, explore these place and then narrow it down. Once you narrow down your markets, you can keep an eye on the markets and become attuned to them. You'll end up finding a deal and going from there. You can also live somewhere and invest out of state if the deals don't make sense. You do not want to force something.

Highly reccomend @Denver McClure as he is a great resource for coaching.

There are a lot of options here. It really depends on what you are looking and I think your thought process is correct. Bigger Pockets is the right place to come for resources as there are plenty on the site here.

Welcome! Happy to connect if you have any questions

There will be some gains as well as depreciation recapture. In short, most likely yes but it depends on your entire tax picture. There are some special rules with passive activity.

A lot of my clients use Madison Specs. There is also a number of other companies that do it.

Welcome Sam!

Market dependent and also depends on type of building. For quick and easy, typically check the property sale records and MLS for residential. There is also a number of ways to value.

I don't work in Nashville area but $165 per sq ft seems quite low to me.

In terms of financing, I would speak with a few construction lenders and also hard money lenders. It all depends on what you are looking for. There a number of good references on this site.