Hoarder Houses, Tax Benefits, & How to Invest When Starting Late

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! 00:00 Intro 01:17 Quick Tip 02:19 Flipping vs. BRRRRing 06:07How to Start Investing in a New Market 08:03 How to Solve Contractor Problems 15:39 Questions from the Comment Section 22:36 Buying a Hoarder House 28:14 Real Estate Exit Strategies 32:31 How to Boost Your Tax Benefits 36:57 Getting a Late Start on Investing 41:10 Ask David Your Question! ~~~~ Join BiggerPockets for FREE 👇 ~~~~ Grab Some BiggerPockets Merch: ~~~~ Find an Investor-Friendly Agent in Your Area: ~~~~ Ask David Your Real Estate Investing Question: ~~~~ Grab David’s Book, “Long-Distance Real Estate Investing”: ~~~~ 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: ~~~~ Subscribe to David’s YouTube Channel: ~~~~ Connect with David on BiggerPockets: David: ~~~~ Follow David and BiggerPockets on Instagram: @davidgreene24 or @biggerpockets or Episode 717 Show notes at: #biggerpockets #realestatepodcast #biggerpockets717...(read more)

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