Hello! My wife and I have a portfolio of 5 houses currently. We have a 3 more new construction duplexes in the works as well, just waiting on permitting to get approved. Up until this point , we have been buying the l...

You can use any reasonable method for dividing the expense."

It could be marketing your interest to motivated homeowners via yellow letters, post cards, cold calling, whisper messages, door knocking, driving for dollars, etc.Whatever method you select, use it constantly and relentlessly.

I could wholesale if the right deals come around, also would like to try the rehab and flip method later on. 

We have tried various marketing methods and our focus has been on Direct Mail and SMS texting.However even though we are getting some calls, all the properties are not stressed or needing work so we can get a low enough price to be able to wholesale.So we are starting to believe the best way to increase our success in finding wholesale is "driving for $'s where you obviously find distressed properties because you are literally looking at them and then we can focus our time and effort on finding the owners. 

The real estate method I want to try is brrr very interesting to me I can do it I have a team of workers in every field.

Unless I know the General Partner and have high confidence, personally it seems risky to do a invest and forget method in real estate.

Evictions can be a long process and can end up costing you several months of lost rent and property damages.What methods are you using to advertise the property for rent? 

I did too many different methods.

Hi Ian, Because 1031 exchanges are a method of tax deferral, not tax avoidance, you will need to go back and look at the original property's "basis" when estimating your capital gains tax.