The formula for your taxable amount is the difference between your net sale (contract price minus closing costs) and your adjusted cost basis (original purchase price plus capital improvements minus depreciation). 

These lenders typically cover the purchase and rehab costs because they’re more focused on the value of the property than your personal financials.Rehab: Use the borrowed funds to fix up the property, adding value by making necessary repairs or improvements.

Some land flippers will buy unwanted and neglected parcels of raw land for a bargain and then improve them by clearing the land or even leveling it before selling it on.Most land flippers are making money by actively seeking and marketing their land flip projects.

There was some speculation a few years back that it was heading in a much better direction and there was building and improvements being made and businesses moving in.

Just watching YouTube videos gives you only part of the solution. 

If you aren't following him on Instagram and YouTube, you are missing out on content that could change how you invest and live (I have a DADU at my house, over my detached garage, that my daughter lived in for two years).4.

@Unal Baris KancogluTo manage a multi-family property, communicate rent adjustments early, implement gradual increases, set limits, reassess lease terms, highlight improvements, and offer incentives.

They can bring you these opportunities before anyone else, thus improving your odds of closing a deal.

If they are below market rent, that is OK as long as there is room for improvement and tenants won't be an issue.

As a general contractor, I have a strong understanding of the buying, selling, and financing processes, which gives me an edge in evaluating and improving properties.