As a new member of this vibrant community, I’m thrilled to share insights, gain knowledge, and connect with fellow real estate enthusiasts!

If you haven't lived there, visited there a lot, or have close friends or relatives there, you may be too detached from the area to pay close attention to it which will lead to PM skimming and just bad oversight on your asset.3.

Focus your attention on creating equity that can be realized through a sale, that's the winning formula.

Ahead of schedule on inventory, short term pain for long term gain.

If you have each been declaring 50% of the gain/loss from each property then you would each be the "tax payer" for 50% of each of the properties. 

It is an unrealized gain not income.   

In essence you get some gain tax free. 

One idea I have is to "shadow" a real estate investor (although I am not entirely sure how to go about asking for / finding this kind of opportunity), but I am wondering if anyone has insight into other ways to gain a comparable level of experience.If anyone has insight into any or all of these topics, I would greatly appreciate the feedback.

Wholesaling is an excellent way to gain experience.Wishing you Good luck!

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