Updated over 4 years ago on . Most recent reply
Flip vs. Long term Rental
Hello All!
I'm wanting to invest long distance in the Midwest while I live in Florida while I start out. I've been contemplating on wether to do a flip initially so I can build some capital. Or should I just jump straight into buying my first long term rental property? I guess there is always the obvious option where I BRRRR and essentially am doing the same thing. Looking to see if an experienced investor can give some insight on how they started out and if it propelled them forward at a faster rate than others. I've been wholesaling but feel anxious because I'm not earning passive income.
Let me know!