Getting that first property is exciting—and yeah, NYC is no joke when it comes to price of entry.Honestly, a lot of people I’ve talked to in your shoes end up finding better opportunities just outside the city.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

Lower Start-Up CostsTraditional real estate investing requires 20%-25% down, making it difficult for many to scale quickly.

Lower Start-Up CostsTraditional real estate investing requires 20%-25% down, making it difficult for many to scale quickly.

Very simple as Chris notes its just an up front agreement..

We don’t use LTV explicitly, but using our criteria, it ends up around 55% to 65% of the ARV.

There is so much that goes in a business, rental rates, rental tax, inventory,  job costing, payroll, business analytic reports etc, QiuickBooks does handle what I have mentioned here. 

@Paul Washington Below are the meets ups I typically go to.IMPACT Grapevine - https://www.meetup.com/DFW-REI-Network-Investing-Meetup/- Started in Bigger Pockets this group meets on the 4th Monday of each month.

Only thing different is the cost of housing goes up outside of the city, not down like where you're at.

The 2.9% fees add up quick