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All Forum Posts by: Scott Morse

Scott Morse has started 3 posts and replied 4 times.

Post: USPS Vacant Data - How to Scrub Against?

Scott MorsePosted
  • Fort Lauderdale, FL
  • Posts 4
  • Votes 0

Hi All, 

Does anyone know of a service I can scrub my current data set (Very large) against the USPS Vacant lists? I'd like to lead score my internalized data by focusing on Vacant first. 

Post: Established Wholesaler/Investor - Need Call Center Recommended

Scott MorsePosted
  • Fort Lauderdale, FL
  • Posts 4
  • Votes 0

Hi All, 

I am looking for a real call center. One where I dont do any of the training or management. I dont want to go the individual VA route again. Can anyone recommend a real call center focused only on motivated seller leads.

Thanks

Post: Buying Parents a Home - best way to set it up?

Scott MorsePosted
  • Fort Lauderdale, FL
  • Posts 4
  • Votes 0
Originally posted by @Matthew Lindquist:

Have you looked into co-signing on a mortgage and making the payments? Should be a pretty quick process asumming their credit score/incomes dont eliminate your chances of getting a mortgage. Congrats on being able to help your parents! Definitely a goal of mine as well.

 Thanks team, appreciate the feedback. Since I will be paying it in full, I would not be doing a mortgage - unless there were significant offsetting write offs to accompany such a move. 

Thanks again for your ideas guys... and kudos. Love the site. 

Anything else pops up in your heads, simply let me know. 

Post: Buying Parents a Home - best way to set it up?

Scott MorsePosted
  • Fort Lauderdale, FL
  • Posts 4
  • Votes 0

Hey guys, first time poster..... Thanks for reading and responding to this. 

I am going to be setting aside a comfortable amount of money into a dedicated bank account for my parents to purchase their "forever" home in Richmond, VA at Christmas this year. They are currently upside down in their residence (2007 hangover) and this will give them the flexibility they so desperately need.

My question for you experts here is how to best set up the residence itself. I'd like to get some tax advantages off the property, either by putting it in my companies name, getting some sort of "gift" value from it, etc...

I didnt know if I should tell them to buy the house they want, put it in my company name, and then I can take a loss off the "rent" that they dont pay the first few years? Etc... I really have no clue. But I have to imagine, buying someone/giving someone a house - there's got to a very smart way to play it for tax purposes. 

Hope that I conveyed my question/concern. 

Thanks everyone at BP!