All Forum Posts by: Chelsea A.

Quote from @Ed Emmons:

Maine has drastically different markets within the state. So not all advise will work in those different areas. You seem ambitious enough and have done research. My advice would to be to get here first and rent where you want to live. Then network with some local investors to that area. Learn in person in your spare time. You should be able to find a good investment within a few months. If you are sent deals from overseas you could really get in trouble unless you are real familiar with the area or have a local team in place. Do you know what part of the state you would like to live in?

 Couldn't agree more with this sentiment...and in Lewiston Auburn, Ita even more accurate of one street being a great investment option and the next not 

If you land on Lewiston, keep in touch! My partner and I live in the area and are always looking to make more friends! 

My partner and I would love to get involved with something like this too. We're in Auburn 

Oh! Didn't realize L/A was considered Southern Maine! Unfortunately I can't make it tomorrow, but it'd be great once Omicron slows down a bit to do a meetup!

Reopening this conversation, does anyone have any new recommendations or updates on the current ones here? We're looking for a CPA for this tax season as this is our first year with a multi-unit.

Thanks!

Sad I missed this! Is there a way to get notified of these events as they're created in BiggerPockets? Or maybe another platform like facebook if this doesn't allow it?

Is there another planned? Maybe virtual for now in these crazy Covid times? :)

I'd love to find out when the next one is planned! What's the best way to keep tabs on those developments??

Thanks!

Chelsea

Awesome! I'm in, as well as my partner Phil, I'm sure! 

My non-spouse partner and I just closed on a duplex last week as Tenants in Common and are filling out a form to get rent relief from a Community Agency for our tenant. They are asking for our W-9. Since we're not an LLC, and are operating as TIC and plan to file taxes separately, do we supply two individual W-9s, and ask the agency to write the rent check out in both of our names? (This is how we will ask our tenant to write out rent checks as well, as they'll be deposited into our joint checking account)

Thanks in advance.          

This is the exact question I was just searching for the answer for. My partner and I just closed on a property on Thursday and are looking to fill out a W-9 for rent relief assistance as well, however we are tenants in common with a simple joint account, and plan to file taxes separately at the end of the year.