I'm also a licensed agent in Colorado and that money goes to my "wants" like special trips, gifts, and money for my future rental properties.If I wanted to 100% live off my rentals and have no issues or concerns with money (reasonable quality of life), I'd want to be closer to 25-30 rental units.

Purchase price: $46,000 Cash invested: $38,000 Sale price: $68,000 Live in fix and flip, admittedly the cash for deposit was a gift, leaving me time to live in It and fix things up.

In ClosingAs you navigate the intricate world of real estate investment, consider the symbiotic relationship between assuming existing loans and house hacking.

One last idea, if you are on friendly terms with your neighbors, offer a gift card, dinner or (fill in the blank) in return for cutting up your tree and hauling it.

How will this affect myself and my siblin regarding the IRS in terms of gift of equity, etc.I have spoke with a couple lenders that really can't think outside the box, and don't know how to answer these questions.

I've also been told other agents are untalented and couldn't offer them a solution and send me referrals and gifts.

~Add or take off promotional offers for guests....like book a weeknight for a $10 coffee gift card, etc.Really the options for changing up a listing are endless, but there's a few ideas.

I have a unique situation where an elder lady wants to gift me her house.

If this was us, I would hope that we would have thought to get some gift cards for some local restuarants and dropped them at the hotel for them. 

The transfer of property back to your dad via a quitclaim deed can be viewed as a gift from your brother to your dad.