Now, I'm proud to say that I own multiple apartment buildings, and I'm enjoying the financial freedom that comes with it.What I Bring to the Forum:Experience: Over 15 years in the real estate industry, with a focus on flipping houses and investing in apartment complexes.Knowledge: Expertise in value-add properties, seller financing, and leveraging equity for growth.Passion: A genuine desire to help others achieve financial security and freedom through real estate investing.What I’m Looking For:Connections: Building relationships with like-minded individuals who are passionate about real estate.Learning: Staying updated with the latest trends, strategies, and insights in real estate investing.Sharing: Offering advice, sharing my journey, and learning from the experiences of others.If you're ever interested in discussing strategies, sharing experiences, or need any advice, feel free to reach out.

We are very proud of the sweat equity we have in it! 

I hold two properties in an LLC, one property is currently a STR with less than 7 night rental on average and I provide hotel-like hospitality services and materially participate.

@Michael Plaks is spot on - character wise, 1099-R income falls in the same "bucket" as a W-2 wage would be, thus to offset this income with real estate losses, it follows the exact same pathway (ST rental with material participation or REP status with traditional rentals), but since you don't have all your time sucked up with a W-2 job, you have much greater flexibility to hit those related hours thresholds under those paths as well.No idea if he's taking clients - but if you are looking for local(ish) and qualified in TX, Michael is also likely a great one to reach out to.

No sub 2, no big leveraging, no “participations”  — if your aged grandmother doesn’t like it, or understand it, don’t do it.Mentors and gurus are not worth the money.

Not all participate.

Hi,I would like to connect with other "students" of Flipsystem. We have paid a lot and need to make the most of each others learnings. Unfortunately, the only way i can think of to do it freely is on Bigger Pockets. P...

Tell everyone you meet what you do and how they can participate.

The following year would be considered passive, so even if you materially participated, it would still be passive the following year and you cannot offset your W2.Is this accurate? 

We have a few preliminary meetings with some investment groups that that like to participate as  LP's.