It's possible for the investment sponsor to divert the tax benefits (by structuring the offering documents to specify that the sponsor or someone else receives them instead of the investor) so it's important to carefully read the partnership documents, and have your tax advisor review them as well.While sponsors can divert the tax benefits, I think it's bad business and it makes it harder for them to raise capital, particularly from sophisticated accredited investors who know better and are watching for these tricks. 

It seems that you are using it frequently however.

It has lots of cool trick to make entering data easier. 

General question.I frequently read posts wherein a wholesaler, birddog, or similar, talks about finding buyers, finding sellers, connecting them, and this sort of thing.

Are there any tricks of the trade that might get me an opportunity to bid on the property in advance of the house finally hitting the market?

@Devin Pickett,You're quite right, really.The best deals will frequently be off-market - properties which are not yet listed with an agent or on the MLS.

There are many ways to add value, the trick is adding enough value to be able to refi and pull out most or all of your cash investment, and still have a property that will cashflow.

I have no clue what "reverse wholesaling is" sounds like some "guru" trick. 

I think it may be the time of the year, but I am wondering if anyone has any tips or tricks that would help me find my first renter!

bp-podcast-171overcome-devastating-flipscale-300dealsland-free-ryland-taniguchi“You fail frequently, you fail fast, and you fail forward.”