![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3180043/small_1738860341-avatar-paigeg30.jpg?twic=v1/output=image&v=2)
7 February 2025 | 16 replies
You can also look into partnering up with an experienced investor, and sourcing the deals or providing the capital in exchange for the mentorship.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1529143/small_1694632601-avatar-beaua3.jpg?twic=v1/output=image&v=2)
25 January 2025 | 7 replies
My second sheet would start with the amount of capital you have to deploy.
13 January 2025 | 7 replies
Selling would likely trigger capital gains taxes (unless you lived in the property for two out of the last five years or use a 1031 exchange).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2216735/small_1695402066-avatar-andrewg580.jpg?twic=v1/output=image&v=2)
23 December 2024 | 5 replies
The seller becomes the bank and pays capital gains one time on the downpayment (which keeps it low to make sense for them) and then also monthly on the payments (also incentivized to just match how much he wants a month).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/323201/small_1694934393-avatar-hilllbillly.jpg?twic=v1/output=image&v=2)
26 January 2025 | 54 replies
You should have around $100,000 of investable capital in order to be a multi-family investor.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3164030/small_1735885623-avatar-palomaw.jpg?twic=v1/output=image&v=2)
8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3167688/small_1736525560-avatar-davids2953.jpg?twic=v1/output=image&v=2)
16 January 2025 | 38 replies
Looking over your numbers I'm surprised a couple of them are so low - mortgage expenses, repairs and capital expenses.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/777315/small_1702569545-avatar-brians312.jpg?twic=v1/output=image&v=2)
13 January 2025 | 2 replies
You may want to look up Stacy Patel with Golden Handshake Capital.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3176742/small_1738214041-avatar-nickc733.jpg?twic=v1/output=image&v=2)
4 February 2025 | 10 replies
If you can fight to break even and hang on to that place for the long term, that will provide the best return on capital by a long shot.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3178949/small_1738655475-avatar-quanp8.jpg?twic=v1/output=image&v=2)
4 February 2025 | 9 replies
Remember, if you sell it, you'll have capital gains that you will have to pay since you are buying the other property before you sell you're old house.