Communication is very important with tenants

Debt-free investing in real estate is unconventional, and traditionally reserved for those who: a) are restricted from using debt, or b) use it as a competitive advantage such as we do.As many BP members know (and will scream from the rooftops) debt is an efficient use of financing to maximize your cash on cash return.

Every year i have done a major improvement to the home.The home was acquired by FTE at some point and all communications from vpm stopped.

My title company cc's me on all communication with buyer and seller so I'm kept in the loop.

I have an idea that could make you pocket you some quick dough in our tech driven info age:Develop an app for finding absentee owners using someone on Fiverr or some techie in India for cheapCall it something snazzy like "Absentee Owner Gold"Market it like crazy online and make it available on Google Play and the Apple Store and anywhere else applicable for a cheap price like $1.99 with no refunds Have customer support via email or phone only in some foreign country where english is a fourth languageTech/info driven real estate investors buy it in drovesThey open the app and a message pops up "knock on some of the neighbors doors"Frustrated customers call/email customer support and get further frustrated by the inability to communicate with foreign customer service whose english is a fourth language but they string the customer along anyway thus buying you time to make more salesKeep it up for as long as it takes to make 6 or 7 figures Close up shop and disappear

I know that, from a tax perspective, LLCs are best for buy and holds and that LLCs taxed as S Corps are best for flipping houses.What is the most tax efficient structure for condos?

Meet People with Experiences Similar to Your Own: There are many organizations (both free and paid) out there that you can join such as BiggerPockets forums, local real estate meetup groups, The Entrepreneur's Organization, your local AICPA group, etc. that gives you a place to receive advice, guidance, problems and ideas.Utilize the R&D Tax Credit: Your business could receive a 10-20% refund for employee labor that’s associated with improving a product or process.Utilize Employee Retention Tax Credits: If your employees that worked for your business during the pandemic are retained through the end of 2021, your business could receive up to $9,000 each quarter that your employees were retained.Own Your Own Office: This would allow you to have multiple tax deductions, utilize depreciation, take advantage of appreciation of the property, as well as allow your company to rent out any unused space to help pay the mortgage.Take Advantage of Energy Efficient Tax Credits: There are many opportunities to take advantage of these credits such as updating the HVAC system, installing energy efficient lighting, etc.Perform a Cost Segregation Study on Your Property: This would allow your business to immediately write off the personal property within the building.Utilize Work Opportunity Tax Credits: If you hire employees from groups that typically face a barrier when it comes to employment such as people with physical or mental disabilities, veterans, etc. your small business could receive a tax credit while also helping the underserved.Use the SCORE program: This program is free and connects you with resources, and mentors and specifically focuses on helping small business owners excel.

She is great with communication and always gets back to us with answers to our questions in a very timely fashion.

Over communication on the front end is always better. 

I figure with the knowledge and resources, it would be more efficient to be able to walk properties, get an idea or rehab costs and find my own subcontractors to do the work.