But once we went through the process of this revision to approved action, it triggered HCD to get involved since it’s in their jurisdiction since it’s a “special occupancy park”.

This makes sense, but what do we think will happen to these properties once sold?

Hi Everyone, This is Vijay M.

Thanks for the response Tyler, only issue is, financing is provided based on the deal, and this is where I'm stuck. when you say have the financing ready to jump on any good deal, I hear you and agree with you, but like I said, debt or equity investors would want to see the deal first before signing any agreements.

This account includes ESCROW IMPOUNDS being collected for the payments of taxes and insurance bills as their occur.

I’m wondering if anyone here has had success with this model and could share some strategies that worked for them?

Joint Ventured with a few partners to get this done.

He showed me where to access real estate commission forms on my state's website and pointed me in a lot of great directions.

Imagine making millions of dollars throughout your career and then having to pay Uncle Sam 30-50% every year instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of the best ways to end up with a much larger net worth at the end of your career.

Does anybody have experience with this?