Finally, network with other investors and start small to gain experience.

The new data shows that a number of Austin suburbs with at least 5,000 people logged big gains: Dripping Springs (23.3%), Liberty Hill (14.9%), Georgetown (10.6%), Kyle (9%) and Leander (7.6%).

I will continue my due diligence process and you both have helped me gain more confidence with my decision to start working with Praxis.

The real life experience is the best option for learning and gaining the knowledge you need. 

Remember, thinking long-term and taking imperfect action is key to building wealth and gaining experience.Good luck!

Are you trying to hand your “friend” a 50% taxable gain that you’re going to keep?

Does it outweigh paying the capital gains tax?

ESPECIALLY if you’ve lived in any of them 2 of the last 5 years and can take the tax free gain. 

My best advice would be to begin networking as much as possible and find a mentor.You've already taken the first step which is gaining knowledge.

As I've learned from my experience, it's essential to consider this timeframe when planning and executing syndication deals.By carefully analyzing the real estate cycle and market trends, we can strategically time our investments for maximum gains.