Quote from @Jon LaBorde: @Jerryll Noorden ok that sounds good, but currently I’m just trying to get my foot in the door, so I’m not expecting to become a millionaire from this plan and by no means am I expecting this to work as my only marketing route in the business for more than a time or two, but I’d just like to get started in wholesaling and with this information I think it gave me everything I need l and I’m thinking I’m gonna give this plan a shot but I’ll definitely be looking to expand and adapt as I grow as a wholesaler.

I currently own 30 units and we do about $15M a year.

I am currently living in rental apartment and, I am looking for best strategy for first investment.  

@Steven WetherillHey Steven, I just looked at some current duplexes on the market in Boiling Springs.

I joined this community because I want to get my hands dirty and not just meet people online but form some real connections and try to provide value back to those that are willing to offer me advise and guidance, and even encouragement.So, this is my current situation:Back in 2020 I was one of the fortunate ones who purchased real estate when prices were still low (compared to today) and interest rates where at 3% or below.

Is it worth talking to someone to start the tax planning convos if this is my current situation?

Hence the idea of a couple more properties, however, with much more units than I currently have per building. 

If you do budget that much, the you will easily hit your profit target.There are currently no restrictions in Lewis county and STRs work there, but there is always discussion on them by the city.

So the (presumably) two people currently on title would get $500k in capital gains excluded.

When I spoke with a real estate professional, she said the home would probably sell for around $250k in its current condition.