Similarly, using services like insurance back office support can streamline operations.

It really depends on your specific situation.It's good you're thinking about the operational and bookkeeping component for your financial account structure to make things easier on yourself and any financial team members you have or may have in the future.You're ahead of the curve!

I found most of mine through Eventbrite and Meetup.com initially.

Not that it would take an MI6 operative to tell that something was off with that dude.

Also I operate 5 STR's myself over 95% performa so I should have some experience in this realm to provide some insight. 1.

Living, but either way you could try speaking with existing owner/operators groups in the greater bay area, or even central coast, looking to expand their portfolios for a joint venture.  

You're essentially buying into a partnership with your friend with the partnership owning and operating the property.Now, the financial side of that gets more complicated and would generally include an advanced proforma/financial model that includes a GP/LP equity waterfall schedule that is based on how you and your friend agree that you will pay her and also share the profits.I assume that won't make sense to you right now, but I'll send you a DM.

For BP readers in NC (or other trustee states), get to know the trustees that operate in your county of choice, then periodically look for upcoming sales.

If you ever want to exchange ideas or discuss what types of properties you are looking for, I’d be happy to connect.Also, it’s fantastic that you enjoy bodybuilding and working on cars—strength training and cars are big passions of mine, too.

I ran into this recent TurboTax article  that led me to believe it was possible: Second, you may have a net operating loss (NOL) if the Section 1231 loss is large enough to reduce your other income below zero.