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Updated 22 days ago on . Most recent reply

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Roy McLemore
  • Atlanta GA / Phoenix AZ
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Newbie Looking to Connect & Learn—Open to Mentors & Partnerships

Roy McLemore
  • Atlanta GA / Phoenix AZ
Posted

Hey BiggerPockets community!

I'm Roy a new investor eager to learn and grow in real estate. Currently, I work closely with a real estate developer, so I'm always on the lookout for infill lots as well i'm looking to tackle my first fix-and-flip or BRRRR opportunity

I’d love to connect with:
- Experienced mentors  willing to share insights
- Fellow investors (new or seasoned) for collaboration
- Wholesalers, agents, or contractors and any real estate professionals who can help source deals or assist the process 

I’m committed to adding value however I can—whether it’s through market knowledge, networking, or hustle. Open to JVs, referrals, or just great conversations!

Let’s chat—drop a comment or DM me. Excited to be part of this community!

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Replied

Welcome to the group!

Regardless of the type of investing you're focused on, two of the most critical, yet often overlooked, pillars of long-term success are tax planning and asset protection. It’s easy to get swept up in the thrill of sourcing and closing deals, but without a strong foundation in these areas, your growth may be at risk.

An effective tax strategy helps you optimize deductions, leverage advantageous tax structures, and retain more of your earnings. By thinking ahead, you can lower your overall tax burden and gain greater flexibility for future investments.

Equally important is protecting the wealth you’re working to build. Real estate and other investments come with inherent risks, including potential legal claims and creditor issues. Without proper legal structuring, both your personal and business assets could be exposed. A well-crafted asset protection plan helps limit liability, preserve your wealth, and position you more securely in the face of legal challenges.

To navigate both areas with confidence, it's essential to work with experienced professionals, including a tax advisor who understands real estate and an asset protection attorney aligned with your long-term objectives. Making these connections early can help you avoid costly pitfalls and give you peace of mind as your portfolio expands.

Wishing you ongoing success in your investing journey!

Disclaimer: This message is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No professional relationship is established through this communication. Please consult with qualified professionals regarding your individual situation.

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