We’ve been guided with common and alternate approaches to dig a little deeper to find good investment properties, approach homeowners directly, checking online classifieds, social media, FSBO…….But here are three ideas when quality time in effort has been invested has paid off big: Contact Property Management CompaniesFind them, call them, network with them, and find out if they have owners that plan to sell.Contact Self-Directed IRA officesIn some ways, a self-directed IRA is like a traditional IRA or a Roth IRA.

As well as starting to do mail and social media marketing now. 

We’ve been told by a property management friend of ours that she gets 2200$ for the same 3x2 unit in the same association.I’ll admit the rents don’t make sense but we put high quality finishes and new appliances in the units we remodel and so far through our own social network, we’ve found renters who think there is value in our rentals.

Things are taking off and documenting my experience on social medias.

I quickly got overwhelmed and as they say, when everything is a priority, nothing is a priority.In the routine, make sure you incorporate fitness, personal time and social time.

What would the tax implications be?

Direct to seller marketing... direct mail, PPC, social media, cold calling, etc

@Justin McafeeThere may be gift tax implications if you are selling a house for less than FMV.If you are in a title company state, a title company should be able to handle the sale once a contract is drawn up.

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion

Add that I'm on social security and a small pension, and that defines my needs ... 1) an affordable place to live ASAP2) passive income to increase my monthly incomeSo I am looking for both.