You want to learn from people who are spending most of their time actually doing deals, not marketing their courses.Being resourceful will get you far in the real estate industry.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I have seen some people well respected in the industry recommend her on several different real estate groups on Facebook.

Metro Detroit has what 99% of Real Estate Investors want.

Really the person that is going into the flipping game should know the market very well to do these comps on their own, and back it up by asking their trusted real estate agent/professional for confirmation.

I remember a saying someone told me a couple of decades ago that convey's to real estate investing: "If you've been sitting at the poker table for 15 minutes and you can't figure out who the patsy is, you're the patsy!"

Hi everyone, I'm Rohmah and I'm new to the platform as well as real estate investing.

The Phoenix real estate market continues to evolve, offering both exciting opportunities and unique challenges for house flippers.

When investing in real estate, the goal is always to maximize returns while minimizing upfront costs.

This means that when you sell the property, your adjusted tax basis is lower, which increases the capital gain you must recognize.Additionally, any accelerated depreciation taken is subject to depreciation recapture at a higher tax rate (up to 25% for real estate assets) rather than being taxed as long-term capital gains.So, while cost segregation provides significant upfront tax savings, it also increases your capital gains tax liability upon sale unless you use a 1031 exchange or other tax-deferral strategies.You can find your current tax basis by reviewing your depreciation schedule (Form 4562) and prior years’ tax returns, specifically looking at your adjusted basis on Form 4797 (for sales of business property) or Schedule D (for capital gains and losses).Your CPA should be consulted prior to making any decisions.