Its great that you have saved some money and have a desire but investing involves a risk of loss.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

Hey all my name is Laurence I’m a brand new member of np I  live in Orlando fl I’ve listened to about 100 episodes of the podcast I have zero real estate experience I’m looking to buy my first property to house hack this year I have a decent amount of money in the savings account I could use for a down payment also have a good credit score I don’t have a high monthly income unfortunately but just looking for any advice or tips or friends to bounce ideas off I’m debating which market would be better between the central Florida area or the Tampa area I also would love to get involved in flips at some point 

I never could get a foothold into the NY wholesaling community because of the Atty involvement in contracts. 

Specifically, I am interested in learning more about syndications, working with lenders, lawyers, CPAs, and other professionals involved in cross-border real estate deals.

Definitely a question for a tax attorney/accountant, especially with the dollar amounts involved. 

My plumber also said that it wasn’t the tenants fault and the city could also make me change the entire sewer line so I shouldn’t get the city involved.

Our current tech stack is a mix of Buildium (very clunky), Breezeway (great, but limited without a PMS), Xero and Google Suite tools with lots of spreadsheets involved.

If the seller files for bankruptcy, that will involve you in a legal proceeding.

I just want to be involved and learn more so I could achieve more eventually.