Quote from @Bubba McCants: I have the same technique as Drew: copy from others, customize to your business model and laws, refine as you go.I started with a two-pager that was built in the 80s and never updated.

First goal: To create a rental portfolio of single and multifamily properties by utilizing creative financing techniques.

That doesn't mean Engelo doesn't use false scarcity as a sales technique.

Yeah, here is the passive activity Audit Techniques Guide which is interestingly not available on the IRS website any longer.

Just my views and thanks again for this explaination of this technique.

Don't just keep "ramming it down" the one technique all year, every year.

I've delved into approximately 10 books covering multifamily investments, syndication structures and operations, capital raising, underwriting, real estate market dynamics, legal aspects, broker relationships, deal sourcing, taxation, property management, sales techniques, lending practices, and construction processes.

I'm interested in discussing cutting-edge techniques that professionals are using to adapt to the current market trends.Some areas of interest include:Technology Integration: How are you incorporating new technologies like AI, VR, or blockchain in your day-to-day operations?

I created the following chart to simplify the decision process (click to enlarge).The Bottom LineEvaluate the property based on whether it will enable you to achieve financial freedom.

Very succinctly summarizes many of the techniques I use myself when evaluating properties, the most critical of which is filtering out those listings of $1k/night from the owner that just rents out their unit 3-5x/year and blocks it off as unavailable the other 300 days/year.