Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Shad Atkinson
  • Investor
  • Palisade, CO
0
Votes |
1
Posts

Investor from Western Colorado

Shad Atkinson
  • Investor
  • Palisade, CO
Posted

I am no longer a skeptic after completing a couple of deals.  I am building my net worth and now I'm doing it full time by being cautiously frugal.  I'm living in the first house I bought through a public trustee auction, it was an amazing deal, but it took some kahunas, first to conquer at the auction, then to follow through by leading a crew of four on a complete remodel in four months.  I've lived in the home for the required 2 years and have well over $100,000 equity, so if I'm not mistaken, I can sell and reduce my tax burden by eliminating capital gains taxes.   What a great deal, I'm going to do it again!  I have also done a quick flip  through the trustee auction that went equally as well, but only required flooring, paint, cosmetics etc.   I have other experiences to share including a full remodel and flip I'm working on now.   Yes it seems the traditional investing approach works best for me, but as I grow I will navigate more comprehensive and creative investing strategies.   I'm looking forward to exploring the BP website.  Best of luck. 

Loading replies...