All Forum Posts by: Nam Nguyen

 Yep I'm searching for the right one.  I've gone through two, and not all "investor-friendly" CPAs are the same.  

And this was my intro to the members of this forum.

Hi everyone. I'm an introvert, but I can fake it for a short while.

I work in Northern Virginia, and we have long-term rentals in Florida and Indiana. I'm posting here because there are folks in this community who would understand.

Over a long period, my wife and I have acquired a few long-term rentals in FL and IN. I have one commercial loan remaining. Our purchases are generally in cash.

I want continue working 40 hours a week (to maintain a financial foundation, and health insurance) and be considered a real estate professional in the eyes of the IRS (for tax savings reasons). Because my purchases are generally in cash, I think I'm missing out on the tax benefits of a loan, but we have worked hard not to have loans.

Then again, I'm not very smart, and I would love to connect with folks who are and generally aren't trying to sell me something. To learn about tax-saving strategies that are realistic for us, we are browsing this forum, watching YouTube, and getting lost all at once. I am actively looking for a tax strategist that is willing to coach.

Hi, I'm Nam. Nice to meet you. I'm socially awkward, but may I ask you some questions?

Oh, you are into youth soccer? I record games with my Hi-Pod.

Oh, you collect Transformers? I watch YouTube videos about them.

Oh, you were in a similar position to the one I am in now? Hi again; it's nice to meet you.

Thanks.

My wife and I are out-of-state investors looking at a property in Houston, TX, to live in after I leave the military.

The property is an occupied duplex, and the current tenants are Vietnamese-speaking. We are looking for a property manager who is fluent in the language for the next few years until I leave the military and come home. 

Any recommendations would be great.

Unfortunately no. It is in Fort Walton Beach, FL.  

Everytime I attached this specific picture to this thread it would come out sideways.  

Any ideas would be great.

Hello everyone!

I've got a good rental property in NW Florida that is vacant at the moment. My property manager has shown it several times, and normally has a very good record when it comes to finding a tenant quickly.

This time around the concerns coming from the prospective renters are about the private street that my property sits on. The home is a end-unit townhouse with no HOA. There are a total of 20 units on this single shared street. My property is at the entrance of this road. I'll post a picture of the street below.

I'm an out of state investor.   Does anyone have any ideas on what I can do?  I'm afraid the condition of the road will prevent my property from being rented out.  Any ideas would be great.  Thank you!

Sure did. I look forward to your emails every weekend. 

Im still on the fence with that particular one because it involves more work than I have ever considered. Know a GC that we can bounce ideas off of?

I use Royal Palm Realty out of Mary Esther. Annette and Eileen have managed my properties since 2012 when I was stationed at Eglin. They also just helped me purchase and rehab another one that should be renting in a week or so. 

I’m holding out hope for more leads from other BPer’s here but I hope that helps. 

I'm sure there are investors out there looking to sell cash flowing properties that aren't making big money. If you would like to sell a property in the Houston, TX (and the surrounding areas) that makes at least $200 per month please PM me.  Ideally the property you have in mind would already have a reliable property manager. 

Thanks!

I'm sure there are investors out there looking to sell cash flowing properties that aren't making big money.  If you would like to sell a property in the Fort Walton Beach, FL (and the surrounding areas) that makes at least $200 per month please PM me.  I've got a property manager already in place that can take a look at your rental.  

Thanks!