All Forum Posts by: Richard Jeffries

I am a Chicago Investor and my primary investment strategy is the BRRR Strategy with a few flips mixed in. I am looking to venture into the Nashville Short Term Rental space. How has the market been treating everyone? Any tips for someone expanding in the area?

Speaking from experience as someone that has investment properties and has them sheltered under a series LLC. The additional paperwork is more than worth the protection the series LLC provides. Yes, maybe filing taxes yourself might be a little more difficult, or using a tax professional might cost a little bit more but a little more time or a few extra dollars every year to prevent a total collapse of your portfolio is more than worth it in my eyes. A tiny price to pay to hedge your investments.

I have a pretty reliable contractor that specializes in tuck pointing.  Send me a message and I'll get you two in touch.

Welcome to the community, I agree with Paul in regards to educating yourself first. BP has a lot of great information to offer. Take full advantage of the books, podcasts, member discussions, and ask a ton of questions. After that, put that offer back out there.

Best of luck

Welcome to BP @Ryan you've came to the right place. There is a wealth of information and networking opportunities. 

Best of luck on your real estate journey.

Like many said before me I would just chalk this one up to the cost of doing business and move on. You have the tenant out of your building and can start fresh with your own handpicked tenant and hopefully a new leasing agreement. 

Love the vision Roxanna. Welcome to BP you've came to the right place. Let me know if I could be of any help.

Best of Luck 

Brian, Jack Welcome to BP. You've came to the right place. Best of Luck

Welcometo BP! There are vast amounts of useful information on the site. Leverage whatever information suits your business and ask anything that you want specifics on. The members here are always happy to help all you have to do is ask. 

Best of luck

Originally posted by @Samantha Smith:

Hi Everyone,

I'm excited to be a member of the site and hope to make valuable connections here!

I'm currently working in Finance in the Chicago area - with hopes of branching out into real estate investing in the next year or so in the Milwaukee market area (hometown) - initially buy and hold rentals.

With no previous experience in real estate, over the last few months, I have been taking advantage of the information presented on various podcasts (primarily Bigger Pockets, of course!), researching the industry and market areas of interest, in addition to general real estate readings to familiarize myself as much as possible.

Over the next few months, I look forward to doing more networking, to further branch out and it is my hope that I will connect with a few of you all to gain more knowledge on the industry before I delve into my first project.

Regards!

 Welcome to BP! There is vast amounts of knowledge here for you to take advantage of. Feel free to connect, I will gladly share my experiences with everything from property analysis to lending to dealing with contractors. 

Best of luck