Do you trust your agent, and do they have experience buying their own investments?

My name is Gabriel. I'm new to this industry and would like to learn, grow and collab with some of the best minds in the biz!

2- If I employ a full-service property manager to handle tasks such as cleaning, maintenance, booking, and guest communication, while I focus on business aspects like property search, renovation, decoration, bookkeeping, and supply procurement, would this still qualify as material participation or could it pose a risk?

As a real estate agent based in New York, specifically on Long Island, I'm eager to hear from anyone who has experience with BRRRR properties in this area or has valuable tips to share.

The street it’s on is clean and nice, but there are some run-down, overgrown homes & lots nearby, there’s also a new $1 million home that’s the only one of its kind (and been on the market for 18 months).

You and I show that two pretty seasoned people read his responses on here differently, which I think illustrates a reason clean it up.  

The Daily, the NY Times Podcast - discusses the recent NAR bombshell decision that rocked the real estate world.BTW - Did you know that the NAR owns the company that makes the lock boxes that agents use every day?

I'm a licensed agent in Washington and new real estate investor..I have been looking into similar locations you have listed above.

Less competition and no bidding war.There are many MFHs under 150k in West Boulevard and Jefferson that are either turnkey or need a little TLC.The best way to find these deals is to work with an investor-friendly agent who is working to find these sellers, doing the due diligence on the property.

Ive got about 45 days of PTO/Sick/Vacation that is taken for the year so I work approximately 1650 hours a year at that job assuming a 40 hour work week.I am also a licensed Real Estate agent with 2 separate LLCs - General Brokerage and Property Management.Between the two LLCs, I've grossed pretty close to my W2 income.