Although house flipping and BRRR have always seemed interesting to me, I've fallen into a couple opportunities to do those, with minimal risk, but also minimal effort.The first home I purchased was '06 when my son was born that I rehabbed with my father (a retired contractor).

I have lots of clients buying expired tax certificates (meaning "ripe" to go to tax deed) and they have been very pleased with the prices and the process.

I am currently in the process of filing my 2015 tax return (extension) where I can remove those expenses to increase that year's self-employment income, but that income would be taxed at the 28% bracket so not sure if it's worth it. 

Hello, I am looking for people in Austin, TX who have bought a residential multifamily home, especially for the first time, and how their experience was through the process.

I appreciate any insight in the process and if there are any good resources out there that help you, I would love to know about them. 

Congrats, sounds like a great deal and learning process.

Please keep in mind that this is an abbreviated story and in no way could ever represent the amount of adversity that I experienced through this process or the effort that was required.Looking back, I am amazed with power of real estate and have found a true passion, like nothing I ever experienced in my job and I wish anyone on a similar trajectory to push as hard as you can.

I would greatly appreciate some insight on the actual process of what happens after you are interested in a property, as well as how to get my toes into the Sands of learning my area.Thank you in advance for the advice and wisdom.Best,-Vince

Thanks Account Closed where are you at in the process?

I have a solid rental portfolio of houses here in Austin, but the cashflow is minimal compared to what I can get in multi-family or in the mid west. additionally, I'm looking at purchasing non-performing notes and turning any of the foreclosed properties into rentals.Are there any strategies for selling off the houses, either in bulk or individually, to minimize the tax burden for when I reuse that capital to purchase non-performing notes?