So I had to really work magic in order to get the septic tank fixed.

The property's basis doesn't magically reboot when you make the transfer.

There is no magic bullet no matter what  anyone tells you.Just use what you already know.  

After the 7th or 8th round of mailing, some magic happens and the response rate goes up.Also, don't discount postcards.

Text magic works great + you can make calls directly from the system.

However, I recently spoke with a California property manager and discovered that their typical renovation cost is between $100,000 and $150,000.Below is the estimated cost to close for a $400,000 property:Down payment: 25% x $400,000 = $100,000.Closing costs: 2% x $400,000 = $8,000.Renovation and carrying costs: $15,000.Total cash necessary to acquire the property and bring it to market: $100,000 + $8,000 + $15,000 = $123,000.00How to Consistently Acquire Winning PropertiesThere is no magic or secrets, and gurus are not required.

Learn as much as you can on this forum and do not go pay $25K for a magic mentorship program.

Many investors think having an LLC magically protects them from lawsuits.

@Deep Patel are you hoping someone has a magical solution for you?

Trust me on this, I'm an accountant.But cost segregation is the magic bullet!