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All Forum Posts by: Rashad George

Rashad George has started 4 posts and replied 24 times.

Post: Networking- new to real estate investment

Rashad GeorgePosted
  • Investor
  • San Antonio, TX
  • Posts 24
  • Votes 10

Hey Joshua and welcome! I’ve met some good folks on BP and there is almost everything you are looking for on here.

Post: Just came across bigger pockets

Rashad GeorgePosted
  • Investor
  • San Antonio, TX
  • Posts 24
  • Votes 10

Welcome to the community. BP has helped me meet real people in real life who are able to offer advice and exchange idea. I'm in SA and still in the infancy stages of investing. Definitely feel free to get as much good info as you can from the connections you create!

Post: REI Tax Professionals

Rashad GeorgePosted
  • Investor
  • San Antonio, TX
  • Posts 24
  • Votes 10

Still very thankful for all the support the BP community provides. I'll look into the cost seg things and taking several notes. As I get closer to selection, I'll weigh all the options and contacts that I've found and that you all have provided. Thanks!

Post: REI Tax Professionals

Rashad GeorgePosted
  • Investor
  • San Antonio, TX
  • Posts 24
  • Votes 10

Thanks everyone for all the good info and leads. I’ll do my research to see which fits best. BP truly does have the best community!

Post: REI Tax Professionals

Rashad GeorgePosted
  • Investor
  • San Antonio, TX
  • Posts 24
  • Votes 10

This is my first year doing LTR and I'm looking for a tax professional who is knowledgable in REI. Are there good ones that anyone would recommend in or near SAT?

I'm also wondering what process people followed to find the tax professional that works best for them. Thanks in advance for any help!

Post: Looking for property manager recommendations for Single Family Home

Rashad GeorgePosted
  • Investor
  • San Antonio, TX
  • Posts 24
  • Votes 10

I use RE Solutions. You can find out more info about them at resolutionsxv.com. 

Quote from @Mike Dymski:

I have invested as a LP in apartment communities where there is a partnership between a government agency and the ownership group to provide affordable housing in exchange for tax abatements and long-term, low-rate government funding.  I have selectively invested in apartment communities in Cincinnati with good value add and cash flow.  Mostly, I have been sourcing land for the development of a hybrid hotel/apartment community in Phoenix.


 That's awesome. I know so many people only stacking capital right now. I like how you're seizing the opportunity right now to secure more money from the government, which is in my opinion the most dependable income to have. Thanks for the response. I'm considering investing in syndications during this time while stacking capital until i hit my capital goal for my next property investment.

From asking around the community, it is difficult to find cash flow under the current market conditions. It’s not impossible but much more difficult to find than it was a few years ago. My question is: what are people currently investing in that works for them under these market conditions? 

I realize the subjective nature of this question and how open to interpretation it is which is intentional to elicit a multitude of different responses. I’m interested to hear how people value cash flow vs appreciation vs any other factors that they measure how beneficial their purchases have been. Surely there are people prospering during this market cycle. I’m most interested to learn how people in the local area are picking their investments and how much pain they are willing to endure per unit. 

Post: New, aspiring investor

Rashad GeorgePosted
  • Investor
  • San Antonio, TX
  • Posts 24
  • Votes 10
Quote from @Jacob James:

Hello all,

I am interested in beginning my investment journey within the next 6- 8 months and start by building my network and learning from people that have already done it. I am interested in single family and small multifamily properties. I am also interested in forming potential partnerships to structure my first deal or two. Can't wait to connect with everyone!


 Hey Jacob,

I'm relatively new to purchasing for the purpose of investing but have had an STR before that I sold regrettably. Got my first single-family rental purchased earlier this year and now I'm on to my next property which will be a section 8 partnership purchase with my sister and business partner. Making the choice to partner was a no-brainer for me because she likes to do the things that I don't like to do and vice versa. Anyways, I'm a local and wanted to wish you the best of luck on your journey!

Rashad

Post: Feedback on San Antonio TX 78244

Rashad GeorgePosted
  • Investor
  • San Antonio, TX
  • Posts 24
  • Votes 10
Quote from @Varun G.:

Hello BP Community,

I am analyzing a deal in the San Antonio, TX 78244 and thinking of putting an offer. How is the area in general? 

Thanks


 What specifically are you wanting to know about the area and what do you plan to do with the property?