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All Forum Posts by: Bryce Henson

Bryce Henson has started 11 posts and replied 39 times.

Post: Flipping in unsettled markets

Bryce HensonPosted
  • Contractor
  • Boise, ID
  • Posts 39
  • Votes 26

@Eliott Elias Thank you for the insight! I've been thinking about the concept of seller financing when acquiring a home that I would like to flip. I just learned yesterday that when a seller does financing, they don't have to pay as much in capital gains over the course of the sale, which can be a huge advantage in certain circumstances. 

Post: REDRUM HOUSE HACKING

Bryce HensonPosted
  • Contractor
  • Boise, ID
  • Posts 39
  • Votes 26

Saw this meme today and thought some of you might enjoy a little chuckle going into the weekend! Have a good one everyone! 

Post: Flipping in unsettled markets

Bryce HensonPosted
  • Contractor
  • Boise, ID
  • Posts 39
  • Votes 26

@Will Barnard Great advice! I'm actually doing the BP rookie bootcamp, but gosh there's so much to learn! I love getting feedback and advice from those who are doing it which is why the BP forum is so great. With both of your advice I'm really making some educated moves towards purchasing this property. I'll let you know if it ends up moving forward. 

Post: Flipping in unsettled markets

Bryce HensonPosted
  • Contractor
  • Boise, ID
  • Posts 39
  • Votes 26

Great advice, @Will Barnard! I have considered the potential of renting it as a duplex as a backup plan. I think worst case scenario I could get just enough in rent to break even until things clear up. But like @Andy Sabisch said, "you make your money when you buy not when you sell". I've heard that mantra before, and I need to remember that!  

Post: Flipping in unsettled markets

Bryce HensonPosted
  • Contractor
  • Boise, ID
  • Posts 39
  • Votes 26

@Andy Sabisch Thanks so much for your feedback! It's sage advice. I am new to investing in general, but there's a property I've been looking at that I really think would be a great rehab/flip, but I would be nervous to get it all ready to go, only to put it on the market and have it sit. I like your approach, where you're buying rentals right now. I really appreciate your input! 

Post: Flipping in unsettled markets

Bryce HensonPosted
  • Contractor
  • Boise, ID
  • Posts 39
  • Votes 26

Hey all, I'm curious how successful folks have been with flipping homes in this crazy market. In the Seattle area, prices have been adjusting to the higher interest rates, but I'm wondering if folks are still having success in flipping homes overall? Thank you all in advance! 

Post: Latest BPP with Heather Blankenship Discussion

Bryce HensonPosted
  • Contractor
  • Boise, ID
  • Posts 39
  • Votes 26

Hey hive mind! I'm hoping to connect with any of you who may have listened to the recent BiggerPockets Podcast with Heather Blankenship, and/or individuals who have experience in or currently operate RV parks or Glampsites. I've now listened to the BPP discussion with Heather Blankenship about 4 times now and each time I hear something new. This is an area of investing that I am interested in, and would love to chat with others about it. Thank you in advance :) 

Post: New investor and BiggerPockets community member!

Bryce HensonPosted
  • Contractor
  • Boise, ID
  • Posts 39
  • Votes 26
Quote from @Don Spafford:
Welcome to BP! This is the best place to start and learn and grow. I am in Eastern Idaho, my wife and I will be more than happy to help in any way we can.

 Thanks so much, Don! I really appreciate you offering to help. I will most certainly be in touch! 

Post: New investor and BiggerPockets community member!

Bryce HensonPosted
  • Contractor
  • Boise, ID
  • Posts 39
  • Votes 26
Quote from @Devin Parker:

Hi @Bryce Henson and welcome! Like others have said, I would open different doors to networking. Whether that be Facebook Groups, Meetup.com, or going to actual investment meet ups, I would just recommend opening multiple doors for yourself. If you ever have any questions, please feel free to reach out and I'd love to connect! 

 Thank you @Devin Parker! I'm all for all of it! Except, I have been social-media free for the past 2 years (and loving it) which means I won't be able to join any groups through FB or Insta, etc... So hopefully I can meet enough people here and be invited to meetups via this route! Please hit me up if you know of or are planning any future meetups. Thank you again.

Post: Idaho Resort Town BnB

Bryce HensonPosted
  • Contractor
  • Boise, ID
  • Posts 39
  • Votes 26
Quote from @Dmitriy Fomichenko:

Great job, congratulations @Bryce Henson


 Thanks Dmitriy! We're very happy with it!