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All Forum Posts by: Brian M Sweeney

Brian M Sweeney has started 12 posts and replied 168 times.

Post: NYC Accountant referrals?

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

@Brandon Cohen contact @Kevin Gray

Post: Wealth Building CPA experience?

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

@James E. Krause

@Kevin Gray

Post: Property Taxes Seem to be increasing near Pittsburgh, PA

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

@D'Andre Byers where exactly outside of Pittsburgh?

Post: Need a CPA recomendation in NY or NJ

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

@Kenny D. Give @Kevin Gray a shout

Post: Anyone use 401k to purchase investment properties?

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

@Paul Kennedy don’t do it..stay diversified. Keep the money that’s invested in the market, invested in the market. Use other funds for real estate investments or other peoples money. Stay disciplined. Real estate investors are always chasing cash.

Post: Turn Key. Why all the hate?

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

@Bukka Levy sometimes buying turnkey is like buying a new car off the lot. Usually you aren’t the one making the money.

Post: Best cities for Multifamily homes

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

@Daniel Mendez Midwest is a great price point for multi family. Pittsburgh, Columbus, Cleveland, Louisville, Cincinnati.

Post: How to learn your market?

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

In my opinion the best way to learn your market is being in that market! Talking to other investors in the area, going out and analyzing deals (even if you aren't buying them), talking to realtors, doing drive by of neighborhoods, etc. Talk to local business owners in that area, they will tell you a lot about the flow of customers. Is there any big headquarters in that area? Ask the questions. The more you know about the ancillary information of that area the more knowledge you will gain for the real estate aspect. 

Post: How would you invest $500k cash if you had it?

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

Diversify, Diversify, Diversify. 

No investing method or technique is superior to another. A ton of 'experts' have merely gotten lucky. It is best to create a portfolio of investments (real estate, stocks, bonds, businesses, gold, etc). Over the long run this will provide the greatest average returns as well as the least amount of stress. 

Post: Real Estate Accounting!

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

We see tons of people asking about Real Estate accounting services & needs on the forums. Contact us for a complimentary Strategy Session.