But rents will keep growing!

The competition is getting tougher in those areas because it's growing in popularity which cuts into the previous profitability of those areas.

I do still think that Texas and Florida for example have room to grow because of the strong population and jog growth. would it become another LA.

It's definitely important to make sure your finances and taxes are in order when scaling and growing your portfolio.Feel free to PM me if I can be of any help to you.Best of luck!

I live in Southern California and am investing currently in Indianapolis with growing interest in Kenosha, WI (Family ties).I'm currently in the renovation phase of my first BRRR duplex in Indianapolis, IN and a few weeks from the purchase of a 4plex BRRR in the same area.Looking forward to learning from the community as well as the obvious networking opportunities.

I have a friend who lives there and tells me that the opportunity is growing within that market, especially for buy/holds.  

I think you're ahead of the curve with BP, it's a valuable community that's only growing. 

@Jesus Ramirez Income from wholesaling is treated as active income, subject to self-employment tax in addition to regular income tax (at ordinary rates).An LLC is one option but your entity structure should be decided after a full analysis of your situation by your CPA and attorney.

Also note that Groundfloor is growing slowly due to the slow pace or repayments and I expect it to close in on 9 to 10% annualized yield/IRR.Below the IRRs over time:You can see the the Fundrise started in the red due to a drop of the NAV early on.

I am a young real estate investor in the southwest Portland-metro area who has one property under his belt and am looking to grow my real estate portfolio.