All Forum Posts by: Jason Padgett

@Yonah Weiss thank you very much, most helpful. This is exactly the type of response I was looking for.

@Michael Bishop very helpful thank you.

Thank you @Greg Dickerson. Can you provide any examples of what a tax-favorable investment might look like to illustrate your point?  

@Michael Jones this is great feedback, thank you. And congrats on your current development, this is exactly the type of investment I'm looking to do within the commercial space. Existing structures through NNN leases or (as in your case) with land + development are most attractive to me. Looking forward to reading your book!

Curious to understand some of the tax-related nuances with regard to taking a more passive approach through a syndication investment. Specifically, how this type of investment is typically treated for tax purposes (i.e. can you still realize benefits such as depreciation, cost segregation, etc.) and what gotcha's exist to look out for (creating an entity to invest etc.)?

Appropriately tagging @Chris Coleman, @Greg Dickerson, and @Jonathan Orr. Still learning the ins and outs of the forum interface (sorry). Thank you all for your feedback!

@Dylan Earl DM sent, thank you!

@Jonathan Orr great feedback and appreciate your insight. Good to hear I'm at least trying to go about things the right way...thanks again!

@Greg Dickerson thank you, that's what I've found...a lack of good information get started. I'm also a fan of "doing" and have already started running numbers everyday to get better at recognizing potential deals. In tandem, I'm continuing to seek partners to demonstrate what I can bring to the table besides just $.

Thanks again.

@Chris Coleman yes, I do realize this may be an appropriate start but I have yet to began looking into those types of investments. Any suggestions on where to begin?

Still, I do enjoy the allure of finding a great deal. So my hope is to continue educating myself and eventually move away from purely passive approach. I understand they are not mutually exclusive.

Thanks!

Hello BP!

I'm still a newbie dialing in my asset type to invest in but I can say with confidence after several months of intense learning I'm leaning towards non-residential commercial (likely NNN leases) or land + development. Why? Because I'm a full time working professional with no interest in managing private tenants, doing rehab work, or the like. I am interested in long-term buy and hold commercial leases with relatively straightforward terms. I realize this means I may need to go the passive route first and build more capital before venturing out on my own.

I'm seeking to understand ways to evaluate and underwrite commercial deals (to include due diligence), ways to add value after purchase (if possible - not just through appreciation), and the best approach to engage and add value to those who are already doing this (I've already begun to reach out locally in Md without success so far).

What books/podcasts/forums do you recommend to get me going in the right direction? 

Thanks in advance for any and all feedback!

-Jason