Alamo REIA also hold events trying to connect individuals from different specialties within the real estate investing space.

I’m here to connect with like-minded individuals, gain insights from others, and contribute value wherever I can in the real estate field.

Hey guys, I’m newer around the Conroe area and I’m looking to connect with fellow real estate individuals, Contractors, investors, etc.I’ve been an electrician for 10 years mostly in the commercial space, I’ve doubled in general contracting and project management in Utah, but have moved down here in search of better opportunities.

Theres so many problems, this is a team deal scenario and one needs rules;  never take a contract less then 7 days prior to the auction, and NEVER NEVER N E V E R close allowing the seller to stay in the house after closing. 

It gives me another exit strategy by having the option to sell off individual properties to retail buyers if needed.

Unfortunately, no one is "allowing" them to operate, @Stylianos Kalamaras.

I individually priced all my materials and got several estimates from contractors.

And you now have to file three tax returns:- partnership tax return- your individual tax return reporting 1/2 of the partnership losses- your partner's individual tax return reporting their 1/2 of the partnership lossesAnd while partnership return can be DIY-ed, it probably should not be.

This could allow you to use the full amount for purchasing real estate without needing to sell your stocks outright and incurring significant tax implications.

I would add to this account every month, allowing me to pull from it whenever there was a large repair or capex event.