717: Seeing Greene: Hoarder Houses and Investing Tips for Late Starters

Hoarder houses, hidden tax benefits, and how to invest when getting a late start—it’s all answered on this episode of Seeing Greene. We’re back, and David has brought some new questions never answered before on the show. This time, we’ll touch on some sticky situations, like creative ways to buy a hoarder house and whether investing in a tricky renovation is even worth the potential equity. We also hear about David’s secret system for getting contractors to always show up on time and get the job done, no matter what! Not only those topics, but we also have some questions and answers that fluctuate with the market cycles. David will hit on the advantages of flipping vs. BRRRR-ing a property, the best real estate exit strategy to go from active to passive income, and what investors who got a late start can do now to get ahead. This episode has something for EVERY level of investor, from beginners who need to get into their first rental to investors looking to turn their rental properties into lower tax bills. So stick around if you’re investing or trying to invest in 2023! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: Flipping vs. BRRRRing and when selling beats holding a home The best way to start investing that’s easily repeatable and doesn’t require much cash Dealing with difficult contractors and what you can do to ensure they show up on time every day Real estate exit strategies and how to sell a rental without suffering a massive tax burden The hidden real estate tax advantages that most investors overlook Advice for late starters who want to invest in real estate and whether equity or cash flow is worth chasing And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Learn More About the Short-Term Rental Tax “Loophole” 5 Tips to Help Investors Handle Hoarder House Situations 3 Exit Strategies You Need to Have When Investing in Real Estate Books Mentioned in this Episode Long-Distance Real Estate Investing by David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-717 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices