Beginner investor to real-estate

Member since 2024 · 3 posts · 1 vote

Looking towards to connect to other investors to know and gather knowledge about the current real-estate market and tax strategies for growing my portfolio.

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Kerry Noble JrPro Member
Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
1y
good morning....welcome! im open to connecting
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Benjamin AakerPro Member
Rental Property Investor · Brandon, SD · Member since 2015 · 1k+ posts · 1k+ votes
1y
Hi Sridhar and welcome to BP!
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Sam Cohn
Rental Property Investor · Indianapolis, IN · Member since 2024 · 6 posts · 6 votes
1y
Love that mindset! Connecting with other investors has been one of the biggest unlocks for me in terms of both strategy and deal flow.

If you’re looking to grow your portfolio, it’s worth diving into the tax efficiency side of real estate. Things like cost segregation, bonus depreciation, and 1031 exchanges can make a huge impact over time, especially with larger assets like multifamily. Even if you’re investing passively, the right structure can let you offset income while still building equity.

Also been seeing a lot of people lean into Midwest markets lately less volatility, solid fundamentals, and steady rent growth that doesn’t get as much media attention but performs well on a risk adjusted basis.

Definitely available to share insights and learn from others here too. What kind of investing are you currently focused on? Active, passive, single-family, multifamily?
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Sridhar Das
OP
Member since 2024 · 3 posts · 1 vote
1y
Thank you for the details. I'm currently actively investing in single family, multi-family and commercial properties. As you suggested, looking at tax savings strategies..yes currently I'm planning to cost segregation on my condo. Any suggestions where can I do the study better with manageable fees as most places charge higher.
At the same time , I'm planning to do BRRRR project soon this year. So, learning how to proceed on that. I will reach out to anyone if I find anything to discuss with the group

Regards,
Sridhar
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Dave FosterBusiness Member
Qualified Intermediary for 1031 Exchanges · St. Petersburg, FL · Member since 2013 · 9k+ posts · 9k+ votes
1y
@Sridhar Das, Like @Sam Cohn mentioned here, a 1031 exchange would allow you to defer all of the tax and depreciation recapture.

Investors looking to scale their RE portfolio will use the 1031 exchange and allow that tax to work for them by reinvesting into larger or multiple investment properties, using the BRRRR strategy.

The 1031 exchange allows you to invest in any type of real estate as long as it is held for investment use. the 1031 is a great tool to team with cost segs and BRRRR to maximize tax savings and give you maximum growth potential.
The 1031 Investor5137 Reviews
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Julio GonzalezPro Member
Specialist · West Palm Beach, FL · Member since 2008 · 4k+ posts · 1k+ votes
1y
@Sridhar Das
That's fantastic you're looking into getting a cost seg study done. I have an article here all about how to find a great provider:
https://www.biggerpockets.com/forums/51-tax-legal-issues-con...
If you have any questions, don't hesitate to reach out!
561-253-6640
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Ryan Harrell
Memphis, TN · Member since 2023 · 100 posts · 24 votes
1y
Sridhar,

Welcome to BP! Feel free to reach out to me anytime.
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