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Updated 12 months ago on . Most recent reply

User Stats

76
Posts
37
Votes
Jerryian Francois
  • Investor
  • Miami, FL
37
Votes |
76
Posts

Next chapter new beginnings

Jerryian Francois
  • Investor
  • Miami, FL
Posted

WHATS GOING ON BIGGER POCKETS FAMILY!  just here to give a quick update and seek a little help from you guys !

Me and my wife have decided to sell our first duplex deal after 4 years of holding it we have built over 250k of equity wow ! Despite the equity We also want to take advantage of tax advantages we did stay in the property for 2 years !  So after speaking with our cpa we have decided now will be the time to sell and avoid capital gains tax ! our first baby is officially on the market and i have mix emotions but more happy because im excited for the next chapter !

We are looking to get into small multifamily (12-20 units ) once the sell is final (speaking it into existence! ) the education process has started with me regarding the commercial side of things !  So any extra pointers or tips , books, would be great guys 

I would love to connect and build relationships! with some commercial brokers, property management  any expert help is an advantage ! Although the sell isn’t final i would love to start and build relationships !!!

We currently stay in Miami and prices here are very expensive i do want to stay in my backyard but prices are extreme  so i would love to explore some out of state markets ! 

All in all im glad i have the BP community and BP in general ! I’m already just trying to learn so much it’s exciting and im looking forward to this new chapter ! 

Thanks in advance !!

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