Your profit is the difference between your adjusted cost basis and your net sale.Adjusted cost basis is your cost of acquisition plus any capitalized improvements minus depreciation.It is very possible that you could sell a property you have refinanced and generate no cash at the sale but still have a big tax bill because you sell it for more than you purchased it for.

A plain vanilla lawyer-generated set will cost somewhere in the $1500 ballpark from Geraci. 

This being said, putting tons of pressure on the team to generate more investor leads.

Look for areas that are going to generate a lot of visits year round.

Did you use AI to generate your posts, you slick dog...Haha, but in all reality AI is useful as a complementary piece for day to day activities.

@Ryon PaxHave you considered cutting some of your personal expenses to pay for the HELOC or find another way to generate added income?

What I have learned is the usefulness of the lead-generating sites is very market-specific.If I were to estimate, in the last two years, my lease-ups came from Craigslist (20%), Apts.com (20%), Zillow (30%) and FB (30%).Most of the responses from my ads come from Zillow (40%) and FB (50%), but most of those leads are woefully unqualified (especially FB). 

My goal is to create generational wealth for my family and to eventually have the financial freedom to say "yes" to travel adventures as a family.

Hey BP Community,I’m curious to know what tools and strategies everyone is using for lead generation these days.

Quote from @Robert Quiroz: Hello All,I will have around $1M in capital that I'm looking to generate 8-10% CoC returns for the purpose of replacing active income.