All Forum Posts by: Chris Orlob

Hey everyone,

I'm yet to hire a CPA and tax advisor to work with, and I'm struggling to find the right person. Here's some context:

I work for a tech company that's going to IPO this year (or early next) and will free up a lot of liquidity for me. So I need someone who's strong in stock options and tax planning for IPOs. Then, I plan on using a large amount of my proceeds from the IPO for real estate investing, so it would seem I'd also need someone strong when it comes to tax strategies and planning related to real estate.

Does this person even exist? It seems like every CPA I stumble across deals with one but not the other.

Should I be working with two different people? If so, where would the buck stop in terms of who actually prepares the taxes come tax season?

Finally, does anyone have any recommendations for a CPA and tax advisor who's strong in both areas?

Thanks Scott!

These are all incredibly helpful replies and perspectives. Thank you everyone!

Does anyone know what Wordpress theme Biggerpockets' website uses (assuming they use WP)?

I like the layout and feel of the BP website, and am looking to build a website in a different niche. 

Hi everyone,

First post here.

To what extent does real estate investing make sense if you have a highly successful career, and do not intend - or want - to make real estate a full-time career (as I've noticed many / most real estate investors have)?

Additional context, while sparing you some of the details:

I build B2B tech startups for a living, and that has been my primary wealth-generator in my life so far. I'm highly interested in investing in real estate to further multiply the wealth I've generated from startups, but not as a full time career, as I have no intention of leaving the world of tech startups, and love building them.

With all of that in mind, and respecting the fact that I could devote 10-15 hours per week to RE on top of what I do w/startups, to what extent does RE investing make sense for someone in my situation? Is it the equivalent of running a full-time business (as much of my reading has led me to believe)? Can it be done successfully alongside a demanding career? Are there certain types of real estate investing that DO make sense for someone like me (i.e. being an LP in apartment deals)? Are there other types that woul actively NOT make sense for me to consider given my situation?

Thanks for your patience. Could not find another post on the forum that answered this quite the way I'm looking to.