The goal this year is one multifamily property however my credit is in the 570-80 and I make about 50k a year. I've been looking out of state for properties but I'm not completely sure what's a deal. I currently live ...

@Joshua PoitrasYour profile indicates that you are an agent, you likely want to work with a CPA who understands deductions available to real estate agents.MLS Access fees, E&O insurance, Home office, Mileage are some of the deductions available to agents.Below are some tips to find a Local CPA that specializes in real estate1) Attend a Local REIA / Real Estate meetup and see who other investors are using as a CPA2) Network with other investors from your City/State that you find on bigger pockets and see who they use as a CPA3) Look for CPA's with good google/yelp reviews where 'real estate' is mentioned in the review.4) Verify that your CPA is licensed.

I am also planning on taking on more debt to be used to improve the property we are looking to purchase, whereas the partner with the 1031 exchange would not contribute any additional capital following the purchase.Philip, there is going to be some gift tax issue here if you do ITC the way you are describing it.

My grandmother gifted me the 70 acres about a year ago.

So without overcomplicating anything......... I'm looking to hire driving for dollars drivers. How do I make a system that uses the drivers effectively? I could tell them I need them to find houses in a zip code and I...

Im not really looking for cash flow per se but long term capital appreciation.If I should be looking at other kind of housing (condos, multi family etc) I’d appreciate any tips as well. 

And then I would surprise my tenant with something nice for them, thank you letter and gift certificate for dinner, something just to say thanks for working through things to assure on-time rent payments (yes, VERY good business, it's called CONDITIONING).

The bank will pay attention to where the money came from though, so if you need to split the downpayment, you may want to get that money deposited (or "gifted") to your partner well ahead of time. 

I do not get any money from TurboTenant, nor am I an owner or investor in the company.They have a referral program where they will send me a $25 home depot gift card for a referral - you don't have to use the referral codeStessaStessa is a website that I use to track all my expenses.It is another free site and you can pull reportsYou even can upload receipts.Roofstock recently purchased StessaCompletely freeZillow Rental ManagerI use this to collect rent.Free for the landlordTenant only pays a fee if they use a credit card to pay rent.

Hi all - I'm a mobile home park owner and operator based in Denver. Out of our 4 deals, we've syndicated one deal so far with friends; But we're looking to bring other investors in so that we can hop on great deals th...