Get with a CPA on this, you should be in the mindset to keep these properties and have them operate efficiently without taking losses.

Maybe they communicate differently but have good intentions.

So, even though the house flipping isn't super tax-efficient, by investing in tax-efficient things like multifamily, you can drastically reduce the net amount you'll pay in taxes.

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.

If your locale does not require licensing, you will need to find the info on your own.Additionally, you need to be skillful in areas of marketing, organizing and prioritizing, systematizing, IT, communications (written and verbal), delegating, design, and much more.

The problem with Los Angeles specifically is they don't do a good job communicating to owners what their rights are. 

Taylor, At that time - 2013, we had already made contact, communicated and built relationships with those investors.

When you communicate with the new management, ask them to provide you with one contact of current clients and call them ( it’s standard practice). 2.

Super inexpensive and efficient.

But if can operate well under pressure and you like building systems to optimize efficiency then you can mitigate a lot of the stress that would otherwise be involved.