All Forum Posts by: Brandon I Garcia

Is there any CPA or tax professionals that would like to get a discussion going or what topics usually come up when a real estate investor goes to you? Things you like to ask, advise, or implement? New to real estate and I want this to be a niche of mine as a tax professional so any expertise would be greatly appreciated!

Rent. I'd be living in one, parents would live in another. Rent out the other 2. Myself included would pay rent as a normal tenant. Market is well, it's nearby a university and the high school and respective middle school are nearby. I've actually got a printout of the NP per year after mortgage payment and maintenance expenses which comes at about 4k a year. Is that something that is good or bad? Obviously anything over zero is good but just not sure how others numbers run.

Thanks for the input though. Trying my best to understand everything. All coming at me pretty fast!

Hi all,

New to the forum. New to real estate in general. Currently (soon to be) CPA after some documents clear up. I want to invest in my money while i'm still young. That being said... I'm trying to analyze my first deal. The realtors i'm working with are great and have knowledge with this kind of purchase and property since they've owned and currently still own apartments. Most are 2004/2005 buildings. What should I be looking for? Capital expenditures I should expect or see if there is anything wrong in the building?  In my area the rents run about 600-700 a month for a 2bd/2ba. Any advice is appreciated!