All Forum Posts by: Jack Elliot

@Account Closed Thanks for the guidance, Zachary! All very helpful advice. I'll be sure to look further into your firm as well.

hello, all 👋

In or around Springfield, Nixa, or Ozark, Missouri, I'd love a referral for a real estate-knowledgeable tax accountant who I can get I touch with as a new small multifamily property investor. I'm fresh in the game and currently on the lookout for my first property and thought it wise to consult a pro for advice, and eventually tax help, before I dive in.

Furthermore, if you're an investor and invest / live local to this area, want to meet up for lunch or coffee sometime?

Thanks and all the best!

 Hi, Nabil

I certainly should set excuses aside and create my own local meetup. I haven't yet found any nearby to me but still am searching. Once the weather hits double digits again, I intend on exploring my neighborhoods and finding / chatting with the owners of local multifamily properties, offering lunch or coffee to those willing to take the time to talk numbers and strategies with a newcomer like me. Do you invest any in or around Pasadena? Or even recommend investing or househacking there in the first place? Thank you much for your advice.

 This is some some great and practical advice, Bradley. You're right on the mark of it being a useful experience. I was far too high on life in L.A. and wasn't entertaining much thought towards goals or my future. Probably would've ended up a beach bum! I'll take you up on your experience and check out / filter some potential locations. Thank you for your reply. All the best!

 Thanks for your support! I made sure to follow you guys on there and I look forward to the opportunities to be!

 Hey, Tim. Yeah, my parents lived in Arcadia for a good while I love it there! You are correct on that and I'm actively searching for good investments out here. The competition is far lower as well so that's a huge plus. Thank you for your input and straightforward advice. Will certainly DM you.

 There certainly are plenty of moving parts. When I worked in Pasadena at a frozen yogurt shop, I made more than I am currently making as a hospital driver out here! Now that I have hospital experience, I have my eyes set on the same job I'm working now, just in or around Pasadena, where the pay should presumably be better than here in the Midwest. The complication that follows is that I'd have to be actively living there to be making more there, so would probably have to pay rent to someone else while leveling up my income statements. And you make a good point, that I shouldn't get stuck thinking that whatever I buy in L.A. is set in stone. 

Congratulations on both of your house hacks. I'll be checking out your posts to dig up information on how you went about achieving this!

Thank you for your reply, Robert. It's great to hear that you've seen great success with your investments and have utilized your capital as wisely as you have. Indeed, it's a great path to financial freedom and to see that you've accomplished what you have within similar circumstances is inspiring for me, especially with you being in L.A.!

Hi, William. I can imagine and recognize you're navigating some deep emotions with the whole ordeal. I'd also like to thank you for posting about the lessons learned in you and your father's scenario. Recalling back to many of the nightmare stories guests have told on episodes of the podcast, you are certainly not alone and I believe you guys can make a successful recovery. 

wishing you and your father all the best.

@Nate Meeker HI, Nathan. Thank you for your reply. I do not own a primary residence yet but I'll note that down as priority one. Looking for deals in Missouri is not completely out the window for me because I would hate to move and find out just how bad I missed out investment-wise. And on top of how convenient it would be since I'm right here! 

thank you for your words, Nathan. The guidance and support is greatly appreciated. All the best!