Hi. I'm a newbie from Chicago (western suburbs). I have a friend whose home will go to auction on the 30th. It has been neglected, has been sitting vacant for over a year, has some cosmetic issues and is the ugly h...
Just closed on my first Flip property yesterday afternoon and quite excited to get going. Previously i have only dealt with buy and holds. I decided to go the @Brandon Turner route and partner with an expert flipper f...
Hey BP I have some flip questions. I have a single family rental that I am thinking about flipping. I have never flipped a property, so I'm not sure the correct avenues or people to contact. How do you initially figu...
For all the flippers out there or tax pros.... What are the income tax considerations related to house flipping ? Specifically how is the gain or loss on the ultimate sale calculated is it ( my purchase price plus r...
Hi all,I’m new to Bigger Pockets and wanted to say hi. I’ve already had some great chats with members and it’s only been a week. I’m in a little bit of a different position here - I’m not an investor myself, but I’m a...
This flip happened almost a year ago:Picked this deal up through my sphere. The owner had passed away, so we went through probate. It took 6 weeks for the rehab as I was doing a lot of the work myself, & I went hu...
I just listened to episode 39 of the podcast a few days ago and land flipping seems like a niche that would work well for me in my area and help me build more cash for other deals.
I have a couple questions for start...
Hey everybody. New here and new to flipping. I was wondering if anyone is brave enough to post a few numbers for us? I've been browsing several deal sites, networking with wholesalers, Craigslist. I'd love to get a tr...
I have right of first refusal to an associates property in Charleston. The basic numbers should like this could be a decent flip, but I'm unfamiliar with the area. I'm in Columbia so the travel time and managing my cr...
I’m new to Atlanta and looking to get into the flipping game.Where are some good areas to look at? Any advice?Thank you,- David