![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/575121/small_1695166412-avatar-jzck.jpg?twic=v1/output=image&v=2)
21 January 2025 | 74 replies
He is the one that initially introduced me to Lee.Have a great day!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2838182/small_1735874027-avatar-codyc321.jpg?twic=v1/output=image&v=2)
5 February 2025 | 13 replies
Don't get me wrong, I want to support small business, but it is substantially more to go this way.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3089726/small_1733952076-avatar-kodys21.jpg?twic=v1/output=image&v=2)
6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1066632/small_1694642743-avatar-arielk3.jpg?twic=v1/output=image&v=2)
5 February 2025 | 11 replies
They say the average amount of water per day a person uses is 80 to 100 gallons , Lets call it 60 to be conservative .
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3179692/small_1738787818-avatar-seano225.jpg?twic=v1/output=image&v=2)
5 February 2025 | 0 replies
Both my aunt and my mother’s husband have expressed their willingness to remove their names from the title, granting sole ownership to my mother.My mother is interested in transferring ownership of the property to me and allowing me to live there.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1236944/small_1700592431-avatar-dj_vsflorida.jpg?twic=v1/output=image&v=2)
7 January 2025 | 5 replies
Sell to me if you want to sell the next haha.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/340029/small_1621445313-avatar-kylem19.jpg?twic=v1/output=image&v=2)
3 February 2025 | 6 replies
I personally would recommend it but it isnt the best run 3 day.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2505703/small_1696475997-avatar-jamest647.jpg?twic=v1/output=image&v=2)
4 February 2025 | 3 replies
However, the property’s cost basis (what they originally paid) carries over to you, meaning if you later sell, you may owe significant capital gains tax on appreciation.Alternatively, selling the property at fair market value eliminates gift tax concerns, but your in-laws may owe capital gains tax on any profit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/85679/small_1694735467-avatar-cpiinc.jpg?twic=v1/output=image&v=2)
9 January 2025 | 16 replies
@Julie Doke: Industry specific software speaks to you and you can easily relate it to your day to day process.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/525079/small_1738081785-avatar-felician1.jpg?twic=v1/output=image&v=2)
6 February 2025 | 0 replies
For projects with 150 or fewer units, the city has 60 days for eligibility review and 90 days for final approval, including design review.