Flipping a rental. The best strategy I have found!

3 Replies

Jump to latestLatest
  • Joe VilleneuvePro Member
    Plymouth, MI · Member since 2013 · 13k+ posts · 19k+ votes
    5y

    I agree.  What is the timing you use?  I have my own, and I'm always interested to hear variations of what I do.

    1Reply
  • Harman N.
    Rental Property Investor · San Francisco, CA · Member since 2016 · 126 posts · 74 votes
    5y

    Benefits: 

    * Get cash flow during the holding period

    * Take a depreciation write-off

    * Avoid taxes via 1031 exchange

    Unless you're doing a huge volume of flips, definitely makes sense to buy flips that you wouldn't mind holding as rentals for 1 year so you have multiple exit paths! 

    1Reply
  • Jorge VazquezBusiness Member
    OP
    Real Estate Broker · Tampa, FL · Member since 2017 · 1k+ posts · 679 votes
    5y
    Originally posted by @Joe Villeneuve:

    I agree.  What is the timing you use?  I have my own, and I'm always interested to hear variations of what I do.

    Typically 2 years max!

    Graystone Investment Group4.6268 Reviews
    WebsiteView Page
    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free