Get a more in-depth feel for the types of deals that your new friends like to participate in, their risk tolerance, etc.Step #3- Find the appropriate deal that would be a good fit based on the criteria you learned in Step #2.Obviously there are a lot of nuances to buying property, forming syndications, etc but I just wanted to help kickstart you.If possible, I would rinse and repeat the above steps, while attending Dave Lindahl's Ultimate Partnering in September and @Gino Barbaro's event in October. 

You’ve definitely taken a great first step in your real estate investment career.Happy to help in any way I can.

@Cameron Skinner As @Ari Lasky said you need to submit form 3115, which is change in depreciation method.

Large lenders might be less likely to notice, provided you take appropriate steps like placing the property in a trust first.If you've never done Sub2 before, I probably wouldn't start with a $2MM deal.

is this a reasonable step up from your previous portfolio?

So my question is, for those of you who have done and are actively doing fix and flip projects, what are your top three favorite methods to find great deals?

I recently learned about the BRRRR method as an alternative to just getting traditional, conventional mortgages on rental properties, since I heard that there's a limit of something like 4-10 mortgages you can have taken out in your name at a time.

This Post is the first step in this project idea for us.

I was hoping that someone can walk me through step by step to comprehend the numbers and organization of the website.

I evaluated this using a spreadsheet that I created after watching Brandon's 4 square method.