A Hybrid contract of sale... a way to close more transactions by joint venture A commercial contract of sale, 3 pages with special buyer requirements related to environmental conditions, existing suppliers, surveys, buried oil tanks and other conditions that must be known to make a profitable and safe transaction An option agreementAn informational pocket pack with 52 options to financing and control a building without conventional financingBlank checks, pens, carbon paper, A list of referencesDisclosures for lead paint and other state or federal requirementsCell phone with camera to take pictures of the nice things and negative aspects of the property and to take a picture of the contract to email confirmation to seller and to your title company or lenderA gift, something for the seller to remember you by, I give Indian Head Nickels away, pens, note pads.Blank addendum forms - these are used to attach to your purchase agreements (you don't want a lot of chicken scratching on your contracts; use them to write some of the following; 1.

Thats awesome.Remember, never look a gift horse in the mouth.

Example: I have a small cabin that is 2 bedrooms and is promoted as a romantic getaway.

@Henry Clark your a wealth-spring of knowledge and I hope others truly comprehend the gift of such being shared by such a veteran of the biz. 

Best quote ever from Warren Buffett“Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.”For me REI is a definitely 'long term relationship' 

When I make money with this, I will mention you - probably send you a gift for the inspiration :-)Thanks!

Also in the link above, there are creative solutions to the gift funds not being considered gift funds to begin with. 

My parents gifted me $100K.

There is a $5.4 million lifetime gift giving limit, so hopefully I wont have to worry about taxes as long as I don't sell it.

Originally posted by @Nish Gupta:@Bill Baldwin  do you know any good local CPA/Attorney who can discuss (in english and charge by hour) rules and ways to optimize around gifts/inheritance taxes for Japanese citizens?