ichigan Student-Athlete | Future Multifamily Investor

[Wilfried Tanefeu]

Hey BP Community!

My name is Wilfried Tanefeu, and I’m a junior at the University of Michigan majoring in Applied Exercise Science and minoring in Real Estate. I’m also a D1 student-athlete, balancing school, athletics, and an increasing passion for real estate.

Right now, I’m at the very beginning of my journey. I don’t have capital yet, but I’m committed to learning everything I can, building my network, and putting myself in a position to buy my first multifamily property within the next 10 years.

My long-term goal is financial freedom through apartment ownership, and I know it starts with education, action, and surrounding myself with the right people.

I’m here to:

• Learn about multifamily investing, house hacking, and creative deal structures
• Connect with mentors, local investors, and like-minded people
• Share my journey from the ground up

If anyone’s willing to share their story, offer advice, or point me in the right direction, I’d love to connect!

Appreciate the space and excited to be here.

—Wilfried

[E.J. McCaffrey]

Welcome to the group!

As you begin diving into the world of real estate investing and start laying the groundwork for your strategy, one of the most important steps you can take early on is to prioritize both tax planning and asset protection. These two elements often get overlooked in the excitement of deal-making, but they play a critical role in the long-term success and sustainability of your investment journey.

A well-thought-out tax strategy helps ensure you're maximizing all available deductions, utilizing the most favorable tax structures, and ultimately keeping more of your hard-earned income. By proactively planning how your investments are taxed, you can significantly reduce your overall tax burden and position yourself for greater financial flexibility.

Equally important is establishing a strong asset protection plan. Real estate investing comes with inherent risks. Lawsuits, liabilities, and creditor claims can quickly jeopardize everything you've worked to build. The right legal structure can help shield your personal assets, reduce your exposure to litigation, and make it more difficult for creditors to gain access to your wealth. Proper planning can also improve your negotiating position in legal disputes and potentially lead to more favorable outcomes.

To navigate these areas effectively, I strongly recommend working with qualified professionals, including a knowledgeable tax advisor who understands real estate and a seasoned asset protection attorney familiar with your specific goals and risk profile. Having the right team in place from the start can save you countless headaches down the road and give you confidence as your portfolio grows.

Wishing you success and smart investing!

Disclaimer: This message is intended for educational and informational purposes only and should not be interpreted as legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication. Please consult with qualified professionals regarding your specific situation.