I recently purchased a second foreclosure property, another condo on the east side, and am looking forward to flipping this one. 

Letting Go for Your Bottom Line: A Lesson for Real Estate InvestorsHey BiggerPockets Community,If you’re a real estate investor, whether you own rental properties, flip houses, or manage syndications, there’s a critical lesson that could boost your bottom line: Letting Go.Many of us get into real estate because we want control over our financial future.

With new regulations in Canada like the flipping tax and property gains tax, I want to be mindful of the risks involved. 

Zero in 2024 in Huntsville - which is precisely why we bought zero LTRs in 2024 locally (bought one out of state, and bought a local flip property and one small local commercial property - slowest year since I started REI in 2017). 

I did a recent flip with much warmer colors, actually used SW Creamy on the walls, and the house sold in 5 days. 

This is my second time working with 2 guys on a house I am flipping.

Now that's flipped, which makes profitability on a simple rental much harder. 

I've helped a few investors out in Chicago with flips, rentals and ground ups! 

Investment Info:Mobile home fix & flip investment.

My father is a certified contractor in NJ—he’s built one home, flipped four, and consistently handles upgrades and maintenance for me and his other clients.I’d appreciate any tips or stories from those who’ve turned equity into a profitable venture.