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Updated almost 6 years ago on . Most recent reply

Catherine C.'s profile image
Catherine C.'s profile image
Catherine C.
  • from New York
  • Member since Feb 19, 2019
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Catherine C.'s profile image
Catherine C.'s profile image
Catherine C.
  • from New York
  • Member since Feb 19, 2019
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Catherine C.
  • New York
3
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41
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General Real Estate Investing

Live-In Flip Every year in New Town/State

Catherine C.
  • New York
Posted

Hi All. What are your thoughts on this? As a young couple, considering doing live-in flips every year in a new town and state to get involved in real estate investing, but also tour the country and move around every year or so to something new. Any thoughts?

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Deren Huang's profile image
Deren Huang's profile image
Deren Huang
  • Real Estate Agent
  • from Tulsa, OK
  • Member since May 12, 2016
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Deren Huang's profile image
Deren Huang's profile image
Deren Huang
  • Real Estate Agent
  • from Tulsa, OK
  • Member since May 12, 2016
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Deren Huang
  • Real Estate Agent
  • Tulsa, OK
242
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408
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Deren Huang
  • Real Estate Agent
  • Tulsa, OK
Replied

That would be an amazing way to travel and see the country.

I personally hate moving and it took me a long time to get to know my city. 

Also, to take advantage of the tax free personal residence exemption, I think it is a 2 year period. 

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