As agents I think marketing and vehicles can be the biggest tax deductions can not ?

You run the numbers on targeted properties in specific neighborhoods, repeat a bunch of times, and something finally sticks.

He runs Adaptive Reality and they are killing it.

There are times when the most experienced run into trouble.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

It's all about building trust and relationships, and in the long run, that will pay off way more than just trying to squezze a specific deal.

Most agents have  a few transactions with their sphere before running out of business.

Which reminds me that I should mention that I’m not opposed to living a not-so-luxurious lifestyle in the short run.

My wife and I moved down to Central Florida from Hamburg just over 5 years ago and are running our own brokerage and property management company. 

@John Friendas  it's close to the 1% rule which is good, but I would still run the financials on it.