The combination of its growing tech & healthcare sector, long-term resilience to climate change, and relative affordability makes it an interesting place to start our real estate journey.I spent a big part of my career in hospitality real estate consulting at a Big 4 firm, but I left to explore new opportunities and decided it was finally time to take the leap into real estate investing.

It's a good idea to consult with a real estate attorney to ensure everything is legally binding and clear to avoid future disputes.

I can tell from your questions that you are in a bit over your head and before you make an incorrect decision you should STRONGLY consider a consultation with someone.

Depreciation is another powerful tool, allowing you to deduct a portion of your property’s value annually.Action Step: Keep detailed records of all expenses and consult a tax professional to ensure you’re claiming every deduction you’re entitled to.3.

@Erik Estrada I'm an investor, a consultant, a broker, a lender.

So anyway one can pay the  20k and get some basic theoretical knowledge but one should be realistic this is a big cash up front business.. your not going to find consultants doing this work on the come.  100% agree.

I am also going through the eviction process in Winston-Salem called a bunch of attorneys and yeah they want crazy retainers however I was referred to one where there was a $300.00 hour phone consultation.

$6K in taxes and expense vs $17K in Federal and State taxes.Ok so after all this, book a consultation with a tax advisor.

Curious about the reason, I consulted my home insurance broker, who informed me that the property had a water damage claim filed a few months ago, which is causing insurers to be cautious.This information surprised me, as it had not been disclosed by the seller.

He determined the price and terms for the property, and according to the agents involved, he consulted with accountants and attorneys before signing the contract.