This means that if the bank forecloses, and you can’t pay it off, you will lose all of your money with no recourse to anyone.One option to secure your loan is if one of the partners has a free and clear property worth significantly more than your loan.

You are generally correct that there is an annual exclusion for gift taxes that generally passes tax-free (of course, in all situations, exceptions apply and you have to meet all requirements to qualify). 

As for brokers saying "I don't work for free," they'll be paid out of the seller's agreed commission.

We make it easy to get started.Feel free to reach out with any questions!

There are no free lunches man.I'm not an attorney so everyone should confirm with one. 

You will probably want to pay attention to the income tax basis to any proposed transactions as well as be wary of any transfers that cause a property tax reassessment, depending on whether that amounts to a big increase in taxes or not.Feel free to reach out if you would like referrals in San Diego County in order to work remotely.

The end goal should ALWAYS be a Debt-free existence. 

Hi Michael, I'd be glad to help answer some questions for you and/or locate a duplex that would work well for your goals.Feel free to connect!

Over time, this strategy naturally builds your portfolio of managed properties.3.Use Educational Content as Free Marketing•Landlords love practical advice, and educational content positions you as an expert.

Feel free to reach out if you have any other questions.