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Updated almost 8 years ago,

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18
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0
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Samuel Lee
  • Ellicott City, MD
0
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18
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Should I brrrr or flip?

Samuel Lee
  • Ellicott City, MD
Posted

I've solely been buying, renovating, holding for a yr at most to save on taxes the flip immediately.   Most of the times I just sell right away. I keep hearing I should use the brrrr strategy but in a sellers  market where im maxing out every sale is that really the best way to go?  I already have great cash flow from my other businesses.  And I've been lucky enough to net at least 35k- 100k on each flip.  My wife being a realtor doesn't hurt either.    I really don't know anything in this real estate game so I'm going off of my own personal thoughts.  I'm thinking I should do the brrrr when the market tanks until it's a seller market again.   Thoughts anyone??

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