For instance, you cannot deduct labor on an unfinished flip until it is sold.

I had the same lessons learned from BRRRR's and flips I've done in the past: they almost always go over time and over budget!

I’ve owned 4 rentals, done ~10 flips, done BRRR and been a hard money lender.

Your extensive knowledge in flipping, contracting, property management, and private money lending will surely be a huge asset to the community.

You now have money to fix n flip your own house.

Some investors rely on the BRRRR method to keep their capital working, but in a high-rate market, a short-term strategy like flipping a property could also provide a quick cash injection to maintain growth.

I currently live in Toledo, where I’m working on a live-in flip with my duplex.Here’s what I bring to the table:Hands-on experience with construction and property maintenance.Knowledge and skills for value-add projects, especially on smaller properties.A passion for learning and growing my portfolio using strategies like buy-and-hold and BRRRR.I’m looking to connect with:Local investors in the Toledo area who can share insights or collaborate.Contractors, property managers, and other real estate professionals.Anyone interested in sharing ideas, advice, or potential partnerships.If you’re in or near Toledo and would like to connect, feel free to reach out!

I'll skip the details, you'll find thousands of posts on BP on why.You probably want an LLC for your flips in the State where you flip.

That could lead to future fix and flips or BRRRRs.

Networking with real estate professionals is huge, too – it opens up so many opportunities.Would you recommend starting with fix-and-flip projects or something else for someone new to private lending?