16 January 2026 | 7 replies
The more reps you get, the faster you’ll recognize what works and what doesn’t.• Build a small local team early (agent, lender, property manager) so you’re not figuring everything out alone.Happy to help answer anything, good luck!
4 February 2026 | 16 replies
Recognizing sophisticated value adds takes experience and knowledge to recognize, being able to leverage takes means and/or contacts.
5 February 2026 | 8 replies
You cannot “decide after” and fix it.Also, if the basis was stepped up, she might not “need” a 1031 to avoid a big gain, but a 1031 can still help if:The property has appreciated meaningfully since date of deathShe has taken depreciation after inheriting it and wants to defer depreciation recaptureShe simply wants to keep rolling into other investment property without recognizing current gain4) Quick action steps I would takeHave an estate attorney or CPA confirm whether it was community or separate under Texas rules (facts matter).Get a solid date of death value (an appraisal is best).Confirm who will be the seller at closing (estate vs widow) because that controls who can do the exchange.If she is exchanging, get the QI lined up early and make sure the contract language and closing flow support a 1031.If you tell me whether he bought it before marriage or during marriage, and whether there was a will or it is going through probate, I can point to the most likely path and the common pitfalls.
21 January 2026 | 4 replies
Now, if I don't recognize a phone number, I simply let the call goes to voicemail.
1 February 2026 | 4 replies
That said, I recognize that I will need help - likely 2–3 helpers on an as-needed basis.
4 February 2026 | 7 replies
Buying an established park with operations in place and a brand that people recognize would be very helpful.
31 January 2026 | 14 replies
I agree that LLC1 should recognize "Gross Income" though I would imagine its of basis and the COGS is basis to net to zero.
29 January 2026 | 13 replies
More importantly after seeing a bunch of deals that didn't work, it helped us recognize a good property when we saw it and act quickly with an offer.
28 January 2026 | 13 replies
That said, based on my experience working with real estate bookkeeping clients and using AI tools internally, AI still has meaningful limitations.AI is good at recognizing patterns, but bookkeeping—especially for real estate—is full of nuance: distinguishing repairs vs. improvements, properly handling owner contributions and distributions, allocating expenses across properties, class tracking, loan activity, depreciation-related items, and state-specific considerations.
5 February 2026 | 9 replies
Other investors are recognizing the potential of Ocala/Marion and the surrounding counties as well, and we're working with them to build investment properties for their own portfolios.In addition to being an investor in this market, I'm also a realtor, and we're actively acquiring parcels to fuel our building.