.🔹 Partnering with Trusted Local Experts – Engaging experienced and reliable builders, architects, contractors, and surveyors is essential for a safe, efficient, and successful rebuilding process.Recovery isn’t just about getting back to where you were—it’s about creating something better.

I met my mentors and now Partners there.- I was scared to invest all of my $ at 20 years old on my first investment property.

To say I am shocked is an understatement.Finally, when I sought out their tax strategy services, I specifically asked in the informational meeting if I wasn't acting a little prematurely, and if I should wait for my partner and I to be married in 2024 before making this investment, i.e. if tax strategizing would pay for itself in 2023 via significant tax refunds.

However, educate yourself on how to lend correctly or partner with a full time private lending company to limit your risk.  

One common approach is to form a legal entity, such as an LLC, where both of you are equal partners.

But you will need some good capital and reserves unless you have a very trusted boots on the ground partner that can help you out.

If that is the case is taking on a family member partner. 

It's great to have you and your partner here in the BP community, Ajit! 

Purchase price: $85,000 Cash invested: $65,000 Sale price: $200,000 Contributors: Peter Vekselman Partner Driven and Seth Choate acquired a property on Highway 64 in Lewisburg, TN, for $85,000 on 07/22/2024.

My business partner does a lot of work for UB property owners and shares some pretty rough stories with me.