It's a relationship game more than anything, so if you're building strong relationships with them and providing a consistent product, you'll be golden.

If anyone who is knowledgeable, please chime in so I can relay such information to my friend so they can have proper step to follow.

And actually, if you structure things properly you shouldn't have to worry about the tax implications at all.

Having the books properly set up for the first time ever will help me get all the deductions I’m entitled to.

The proformas are utter nonsense because they know the product is no longer a viable investment.

Definitely screen properly and don’t cut corners!

Overall, for every type of property....I would say that keeping up with proper maintenance is what most people neglect.

Reason being is that it allows you to invest in other products other than they offer, so that's why they don't promote these . 

Kalamaras, we were ready to close your file, we needed to change Title Companies as your Title Agency was refusing or could not add proper endorsements because of their Underwriting Insurance Carrier.  

Gaining valuable insights into the local market.Always consider that Jackson County has a LOT of variability in KC proper and then uniques submarkets of LS, BS, Independence, Raytown, Grandview, etc all with their own local city governments, rules and regulations, each with their own uniques submarkets of their own...Happy to chat and share my knowledge and experience.2.