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Updated about 4 years ago on . Most recent reply

Jorge Vazquez's profile image
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Jorge Vazquez
  • Real Estate Broker
  • from Tampa, FL
  • Member since Jan 8, 2017
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Jorge Vazquez's profile image
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Jorge Vazquez
  • Real Estate Broker
  • from Tampa, FL
  • Member since Jan 8, 2017
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Jorge Vazquez
  • Real Estate Broker
  • Tampa, FL
481
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Flipping a rental. The best strategy I have found!

Jorge Vazquez
  • Real Estate Broker
  • Tampa, FL
Posted

Less risk more rewards. 

  • Jorge Vazquez
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Harman N.'s profile image
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Harman N.
  • Rental Property Investor
  • from San Francisco, CA
  • Member since Aug 12, 2016
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Harman N.
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  • from San Francisco, CA
  • Member since Aug 12, 2016
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Harman N.
  • Rental Property Investor
  • San Francisco, CA
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Harman N.
  • Rental Property Investor
  • San Francisco, CA
Replied

Benefits: 

* Get cash flow during the holding period

* Take a depreciation write-off

* Avoid taxes via 1031 exchange

Unless you're doing a huge volume of flips, definitely makes sense to buy flips that you wouldn't mind holding as rentals for 1 year so you have multiple exit paths! 

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