Real Estate Investing can be an exciting and rewarding venture, offering the potential for significant financial returns and the opportunity to create wealth over time.

I joined BP in 2022 and never actually got into Real Estate.

My mortgage will be $2,005/month, and I’m budgeting up to $600/month for utilities, leaving a potential monthly cash flow of $995.I also set up an LLC and a business account to track rental income and expenses.Questions:Do you have any advice for me as a young real estate investor?

If you’re have ambition either for a career as a management/ professional/ entrepreneur or becoming a real property investor then you’re going to bat with 2 strikes.  

The US taxes global income which dramatically increases the reporting requirements.

I am a rookie real estate investor eager to get into my first deal this year.

STR income: $160K/year.

-contacting several LP's nationally that take on large investment opportunities-posting on loopnet-sending the link to the website we built-out to all the the top real estate agents in our local market.I did not think of the Facebook group channel, so thanks for that recommendation @Ryan Arth!

Quote from @Hansen Tong: Hi Everyone looking for a CPA in CA that understands cost segregation, offsetting of w2 income through active short term rental partcipation etc. 

@Nicholas Nocella - Congrats on starting your real estate investing journey!