@Sean KeeganHere are my favorite books:Multifamily Millions by Dave LindahlThe ABCs of Real Estate Investing by Ken McElroyThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesCommercial Real Estate Investing by Dolf De RoosTrump: The Best Real Estate Advice I Ever Received by Donald TrumpTax Free Wealth by Tom WheelwrightCommercial Real Estate 101: How Small Investors Can Get Started and Make It Big by David LindahlRaising Private Capital: Building Your Real Estate Empire Using Other People’s Money by Matt FairclothThe Definitive Guide to Apartment Marketing by Josh GrilloInvesting in Apartment Building by Matthew MartinezCrushing It in Apartments and Commercial Real Estate by Brian H MurrayThe 7 Secrets to Successful Apartment Leasing by Eric Cumley2 Years to a Million in Real Estate by Matthew MartinezBurn Zones: Playing Life’s Bad Hands by Jorge NewberyCommercial Mortgages 101: Everything You Need to Know to Create a Winning Loan Request by Michael ReinhardIt’s a Whole New Business!

We're getting them gift cards, nothing extravagant, just a happy holidays git. 

I am being told that many “wealthy” investors do such a thing.Again, buying a property is not an expense no matter who is on the receiving end.If Company A purchased it for Company B, company A basically just gifted it to Company B and Company A will need to pay gift taxesIf Company A gave money to Company B, Company A either Loaned it or Contributed as Capital/EquityCompany A cannot expense it, because it isn't an expense. 

What are the systems you put in place that have helped you streamline and automate the management of your investment properties?   I know, I know, hire a property manager.  That aside, I’m curious to hear specific pra...

They'll see where this money came from and if it came from your friend it better be a gift you don't plan on repaying lol. 

@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.

At the end of each podcast interview, they ask the guest what their favorite real estate and non-real estate book is.

Both are favorites for real estate investor/agents.

When the market collapsed last time my favorite community banks weren't 'lending until the dust settles and there is less regulatory uncertainty.

It's actually quite common to begin the subd process prior to taking title.No, you wouldn't be able to compete the entire process and if you never exercised the option you will have gifted a lot of the entitlement process to the owner.I personally was able to begin the annexation process during the due diligence period on a deal and actually did a double close the day after the city approved it.