My initial feeling is to give him money after we close on deals anywhere from $500-$1,000.. but I was also considering giving him a volume lead bonus for tiers like for every 250 houses or 500 houses and also give him a weekly gas card like $30 per week.

Does anyone know if I can do a cost seg and use bonus depreciation on a short term rental property to offset my w2 income, if I don’t have real estate professional status?

Or can you Bonus Depreciate Solar Panels?).

This may or may not be something then that you would be required to let your lender know about (but might still consider doing for a perk)If your lender has a written in rental restriction, it’s likely they will want information on your renters- odds are if they do want any info, they have a system in palace for screening them on your behalf (and theirs), it might be beneficial however to draw up a quick ‘mock’ application you can email in quickly right after the call to speed things along (just credit info, rental history, income- go the extra mile here with a couple of references if your type “A” personality to keep lender happy- BIG bonus if from previous landlords)This might be the only ‘next steps’ required on your part as well- so you could save yourself time here by being ahead of the game.

Zillow has digital lease singing, which is a nice bonus.

Bonus: If you are a real estate agent or bank feel free to send us a direct message! 

My long term picture is to have rentals paying for necessities and then I'd wholesale & fix & flip for short term capital - kinda like work "bonuses"

Oh an added bonus, we also just have one small credit card as debit, nothing else once we sell the home.

Fully leased triple net plus RV storage for bonus income. 4.0% fixed interest rate for 5 years. 72% LTV, 20 year amortization, with 20 year term and personal guarantee.

Everyone needs a place to live, not everyone wants or needs to open a retail store or retail style office, so this could very well be sitting vacancy for a long time.Given that, I would personally be looking at this as a duplex play, with the bonus in the land and commercial space, but I don't know the property or area.