Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago,
Should I brrrr or flip?
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??