I'm thinking of flipping low income homes, so as not to put all my eggs in one basket, renting them until they sell at the arp value and eventually be able to purchase a rental with only the profits I receive from the flips.. essentially having my original investment money back and operating off of profit . . . feedback??

So I wanted to ask the bigger pockets community, as a first time homebuyer is it safe to throw all your eggs in a new home basket?

I must say that the mastermind group has been very fruitful.

I did sign up for his marketing program which was not fruitful and a "burn out" class which did have some useful info.

In the above example my tenants left some weed & a bowl on the porch which ended up catching one of those hanging baskets on fire.

And, some assessors use past sales amounts and adjust for inflation, so if the property has not been held very long by the current owner, the current assessment might be close to the market value again.It's better to think of the two like apples and oranges, because usually that's how close they are...both fruits from a tree but with much different tastes.The question asked by the Realtor above in OP, may be born out of the lack of knowledge of that Realtor.

So even though HM is secured by RE, it's all in "one basket" so to speak (how many $50k hml's can the average guy make?!)

Great pays are only done by your own fruits of labor.

Being that I have invested in Numerous Speculative Endeavors which are bearing fruit I just want it to be known that I don't care for negativity, just positive results.

I've switched to marketing directly to sellers, which has been more fruitful.