Beginner starting out..House hack or wholesale?
New to Real Estate · NJ · Member since 2026 · 13 posts · 13 votes
Beginner starting out..House hack or wholesale?
Most Popular Reply
Drew SygitBusiness Member
Property Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votesQuote from @Ryan Hoehn:
Whats up everyone, im on the fence about breaking into the business by house hacking with a duplex or also getting into wholesaling. From your experience, where do you thin the best place to start is? Wholesaling comes with alot of legwork but also quick turn around for the "bigger pocket" compared to house hacking where you play more of the long game. Any advice would help. Thanks
Aren't, "Lot of legwork" and "quick turn around" contradictory?
That's the problem so many newbies flameout over concerning wholesaling.
- They get one deal and think they're successful. Then they can't find another deal for several months and realize it's a lot of hard work and quit.
House-hacking is more controllable and predictable.
Logical Property Management4.9458 Reviews
28 Replies
- 6moJay TolugantiPro MemberInvestor · Clearwater, FL · Member since 2025 · 226 posts · 78 votes
Both have their ups and downs. I wholesaled land for three years and now switched to flipping houses. For wholesaling, you need to learn how to negotiate with sellers and keep your lead pipeline full so that you have better chance of closing more deals. You can talk to people who wholesale on facebook groups to see if you can join their tems. I would recommend below books to read/listen: Strategy: Rich man in Babylon Robert Kiosaki - Rich Dad Poor Dad - Cashflow Quadrant - Guide to investing - Real book of Real Estate Real Estate Journey: Ken McKelroy - ABCs of Real Estate Investing - Advanced book of Real Estate Investing - ABC of Property management
- New to Real Estate · NJ · Member since 2026 · 13 posts · 13 votes6mo
Quote from @Jay Toluganti:
Both have their ups and downs. I wholesaled land for three years and now switched to flipping houses. For wholesaling, you need to learn how to negotiate with sellers and keep your lead pipeline full so that you have better chance of closing more deals. You can talk to people who wholesale on facebook groups to see if you can join their tems. I would recommend below books to read/listen: Strategy: Rich man in Babylon Robert Kiosaki - Rich Dad Poor Dad - Cashflow Quadrant - Guide to investing - Real book of Real Estate Real Estate Journey: Ken McKelroy - ABCs of Real Estate Investing - Advanced book of Real Estate Investing - ABC of Property management
i have been watching quite a few podcasts on different strategies with different routes to take. Wholesaling from my POV seemed like a good option if you can connect with the right people and get a deal done. I've looked into wholesaling houses and some land near me that is already able to be built on from a previous house once being there before. Seems like that would be a good way to secure some money for a property to house hack and continue to build off that
One thing i would want to make sure is how to go about drawing up the contract or even finding a template to go off of. - 6moJay TolugantiPro MemberInvestor · Clearwater, FL · Member since 2025 · 226 posts · 78 votes
@Ryan Hoehn state contracts are better as it builds credibility with sellers. Befriend a local realtor. They can show you.
- New to Real Estate · NJ · Member since 2026 · 13 posts · 13 votes6mo
Quote from @Jay Toluganti:
@Ryan Hoehn state contracts are better as it builds credibility with sellers. Befriend a local realtor. They can show you.
This is true. I was thinking about reaching out to one last night. Whats your opinion on doing BRRRR's...are they better for single family or multi?
If not owning the property but instead owning the debt (note) from a seller financing situation, do you think that is a good way to build as well? - 6moJay TolugantiPro MemberInvestor · Clearwater, FL · Member since 2025 · 226 posts · 78 votes
@Ryan Hoehn BRRR is a complete new topic. You first need to underwrite a SFR flip and do a couple. Then BRRR path will make sense. I would not recommend it as a beginner strategy.
- 6moDrew SygitBusiness MemberProperty Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votes
Quote from @Ryan Hoehn:
Whats up everyone, im on the fence about breaking into the business by house hacking with a duplex or also getting into wholesaling. From your experience, where do you thin the best place to start is? Wholesaling comes with alot of legwork but also quick turn around for the "bigger pocket" compared to house hacking where you play more of the long game. Any advice would help. Thanks
Aren't, "Lot of legwork" and "quick turn around" contradictory?
That's the problem so many newbies flameout over concerning wholesaling.
- They get one deal and think they're successful. Then they can't find another deal for several months and realize it's a lot of hard work and quit.House-hacking is more controllable and predictable.
Logical Property Management4.9458 Reviews - New to Real Estate · NJ · Member since 2026 · 13 posts · 13 votes6mo
i would see that first deal as a huge motivator to keep going and learning along the way...it would only make some people want to work harder for the next one
- 6moAlan AsriantsBusiness MemberReal Estate Agent · Philadelphia, PA · Member since 2019 · 1k+ posts · 1k+ votes
One does not get in the way of the other.
Wholesaling is not investing it is a business model and there to generate income.
A househack serves as a roof over your head and a long term investment. If you have the capital for a househack its the best way to get started with low money down, best rates. No other way will you be able to buy a MF property with less than 20% down.
Wholesale in conjuntion to finding that househack. Maybe you find such a good deal as a wholesaler it makes sense for you to keep it as a househack. Good luck
Alan Asriants - New Century Real Estate 590 Reviews - Real Estate Broker · Atlanta · Member since 2024 · 1k+ posts · 606 votes6mo
Ryan, if you are thinking long term and can qualify to buy the duplex, that would be the way to go. You can still wholesale on the side while house hacking, it doesn’t have to be one or the other.
- New to Real Estate · NJ · Member since 2026 · 13 posts · 13 votes6mo
Quote from @Janice Carter:
Ryan, if you are thinking long term and can qualify to buy the duplex, that would be the way to go. You can still wholesale on the side while house hacking, it doesn’t have to be one or the other.
I was thinking of being able to do both as well. Thank you for the input. What about the seller financing side of things where you dont own the asset but instead just own the debt
- 6moKyle HendricksPro MemberLender · Member since 2021 · 170 posts · 74 votes
Househack all day
- 6moArman AhmedPro MemberReal Estate Agent · Columbus Cleveland Dayton, OH · Member since 2024 · 2k+ posts · 924 votes
Quote from @Ryan Hoehn:
Whats up everyone, im on the fence about breaking into the business by house hacking with a duplex or also getting into wholesaling. From your experience, where do you thin the best place to start is? Wholesaling comes with alot of legwork but also quick turn around for the "bigger pocket" compared to house hacking where you play more of the long game. Any advice would help. Thanks
If you’re trying to break in fast, wholesaling definitely sharpens your deal-finding skills and brings quicker checks, but house hacking builds long-term wealth and lets you learn landlording with training wheels. The good news is you don’t have to stay local; a lot of investors I work with start out-of-state in the Midwest because duplexes are cheaper, cash flow is stronger, and the learning curve is smoother with the right team on the ground. - Real Estate Consultant · Ann Arbor, MI · Member since 2022 · 463 posts · 253 votes6mo
Hi Ryan from New Jersey!
Great question. You asked if you should start house hacking or wholesaling to get into real estate investing.
Wholesaling, where you get a property under contract and hope to sell your interest or the property for more to another investor, is a lot of work and your profits, if any starting out, will be taxed at a higher active income or short term capital gain rate.
Whereas, house hacking, where you buy a property and rent out part of it to others to help pay expenses is less risky as rental housing is in demand and you will be building wealth with the property. Then, after about a year, you can go and buy the next property this way as your primary residence using the equity built up in the first and repeat the process building passive income and wealth and being taxed at a lower level as it is passive income.
To Your Success!
- Rental Property Investor · Panhandle, FL · Member since 2026 · 26 posts · 10 votes6mo
Why not both?
- 6moFrank PyleBusiness MemberSpecialist · USA · Member since 2024 · 279 posts · 130 votes
Start with house hacking if you can qualify and handle living next door to a tenant because it teaches you how to buy, finance, manage, and hold a real asset instead of just chasing assignment fees. For a beginner in New Jersey, the quick check is simple. If the duplex rent from the other unit covers a big chunk of your PITI and leaves room for maintenance and vacancies, you are building equity and lowering your own housing cost at the same time. Wholesaling can make faster cash, but it is really a sales and marketing business first, and most new people underestimate how much lead flow and follow up it takes to get paid. The practical move today is to run numbers on three duplexes in your target area and compare that to what it would cost you each month to live there, then decide if you want to learn operations or lead generation first. What price range and monthly payment are you targeting right now?
If you want, send over a sample duplex deal with price, rent, taxes, insurance, and rehab and I will do a quick reality check. If financing is part of the hang up, IEC can help look at the loan side with the deal numbers so you can see whether the house hack actually works.
- 6moBryon AndrewsBusiness MemberReal Estate Agent · Saint Paul, MN · Member since 2018 · 201 posts · 104 votes
100% Househack. Best way to get started in my opinion. It took me a little while to discover the benefits of long term investing. If you go the wholesaling route, I would make sure that you are providing value to others. May make sense to start working under a reputable wholesaler to learn the correct way to do it in your area. Here in Minnesota there are a few really good wholesalers and a lot that do not know what they are doing.
- 6moAmit PatelBusiness MemberProperty Manager · Bartlett, IL · Member since 2025 · 151 posts · 60 votes
Hey Ryan! I get this question all the time from new investors. From my 30+ years in the Chicago suburbs, here's my straight take: Start with house hacking a duplex. Why?
-Easier financing (FHA, low down payment).
-Rental income from the other side helps cover your mortgage
-You learn the real business hands-on: tenants, repairs, everything
Wholesaling sounds good for quick cash, but it's a ton of legwork, marketing, and rejection. Most beginners burn out before they make consistent money, and many never end up owning anything.
House hack first, build some equity and experience, then you can add wholesaling later if you want. You'll sleep better owning something real.
That's the advice I'd give my own clients. You got this!
Casanomy Property Management564 Reviews- Contractor · Chicago, IL · Member since 2016 · 4k+ posts · 2k+ votes6mo
Quote from @Amit Patel:
Hey Ryan! I get this question all the time from new investors. From my 30+ years in the Chicago suburbs, here's my straight take: Start with house hacking a duplex. Why?
-Easier financing (FHA, low down payment).
-Rental income from the other side helps cover your mortgage
-You learn the real business hands-on: tenants, repairs, everything
Wholesaling sounds good for quick cash, but it's a ton of legwork, marketing, and rejection. Most beginners burn out before they make consistent money, and many never end up owning anything.
House hack first, build some equity and experience, then you can add wholesaling later if you want. You'll sleep better owning something real.
That's the advice I'd give my own clients. You got this!
Hey @Ryan Hoehn - I completely agree with Amit on this one. He is spot on for all the reason he listed and with 30+ years in Chicago he knows what he is talking about it.
Keeping it super simple from the start will make things much easier and less stressful!
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- 6moShawn McenteerBusiness MemberRealtor · Boonton Township, NJ · Member since 2013 · 2k+ posts · 1k+ votes
Quote from @Ryan Hoehn:
Whats up everyone, im on the fence about breaking into the business by house hacking with a duplex or also getting into wholesaling. From your experience, where do you thin the best place to start is? Wholesaling comes with alot of legwork but also quick turn around for the "bigger pocket" compared to house hacking where you play more of the long game. Any advice would help. Thanks
Hi Ryan, seems like wholesaling is what many of us start with. I was in your shoes when first starting out. Ultimately I went with house hacking which hands down has been one of the best financial decision I have ever made. There really is not a better way of getting your feet wet with real estate investing in my opinion. Especially when you look at how favorable house hacking is for owner occupants in comparison to what it takes to acquire properties as a standard 25% down investor. Best part is even in a state like New Jersey where we get a bad reputation for investment properties, I have clients living for free inside their properties. I have client that we closed deal with 4 months ago, living for free today via house hacking. The way I see it, reduce your living expense and hold onto an asset is great way to go. On top of this there is no reason why you can't wholesale while house hacking.
House Hacking New Jersey563 Reviews - Investor · Portland, OR · Member since 2026 · 67 posts · 35 votes6mo
Did i miss anything here? Why can't you do both - house hack to solve your long problem and then go all in wholesale to try your lot of legwork? I do not see them financially contradicting or time-consuming wise polar opposite. So if i were you, I would try both.
On the flip side, I would ask a hard question "what u are good at". At end of the day, it is the talent you have that talks. If you are patient person, then maybe long term investment wins out. If you chase that quick win and thrill, then wholesale maybe your gig. Again, why dont just give it a shot to do both. - Cincinnati, OH · Member since 2020 · 4k+ posts · 3k+ votes6mo
First: NEVER WHOLESALING!!! This is my own bias, but wholesalers are generally the scum of the earth. But more practically: why would you think you could be successful at wholesaling with no knowledge?
You don't know what renovations cost. You don't know accurate ARVs. You don't know the nuances of the market that will impact the ARV. You don't know what an appropriate profit margin is for the end buyer. And, presumably, you are doing so without a real estate license, which is illegal in many states.
I personally don't like wholesalers, primarily because of their lack of knowledge.
1. They start with AGGRESSIVE ARVs
2. Very few are actual investors, so they have no idea what rehab costs actually are
3. They take properties to their lists as prices that don't make sense because:
a) They are trying to recoup all their costs in the one deal they actually get, so their profit
. eats all of mine
. b) they got it under contract at too high a price to make sense for anyone anywaysReal estate investing is a long game. It can be very lucrative, but it is a snowball. So start with the househack and actually learn what it means to be a real estate investor. If you need an income, and are willing to be a wholesaler, become a realtor. The skills that make for good wholesalers also make for good real estate agents. And, it gives you more options to get paid for the deals you find.
- Investor · Portland, OR · Member since 2026 · 67 posts · 35 votes6mo
@Evan Polaski I cant agree more on here. Just do househack and let time do your most heavy lifting which is what most real estate is all about.
- Rental Property Investor · Member since 2019 · 411 posts · 148 votes5mo
House hacking the best way to start building long term wealth. Wholesaling/agent work will get you short term cash.
whoelsaling/agent work- short term $$
Flips/long term flips- mid term $$
Long term rental/holds- long term $$
you want all 3 at the end of the day
- Real Estate Broker · New York, NY · Member since 2020 · 2k+ posts · 1k+ votes5mo
Wholesaling is really a great path for someone who doesn’t yet have the money to buy their first property. It lets you get hands-on experience, build your network, and make some money from deals without actually owning anything. You’ll learn how to find motivated sellers, quickly evaluate deals, and negotiate with buyers, which are all valuable skills, but the financial payoff usually comes as a one-time fee rather than ongoing income.
If you do have the capital, though, starting with a house hack can be a much stronger way to get involved. Living in part of a property and renting out the rest gives you real ownership experience, teaches you how to manage tenants, and helps you start building equity from day one. It’s slower than wholesaling in terms of cash coming in, but the long-term value (learning the business hands-on, creating a property that appreciates, and generating ongoing cash flow) is hard to beat.
Some people even mix both approaches: start wholesaling to sharpen deal analysis and negotiation skills while preparing to invest in a house hack. That way, you’re gaining experience and building a foundation at the same time.
- Accountant · Member since 2018 · 26 posts · 10 votes5mo
Thanks for the great thread—lots of solid perspectives here.
I totally get the skepticism toward wholesaling that several folks mentioned (like @Amit Patel, @Evan Polaski). The high legwork, burnout risk, marketing grind, and occasional shady tactics can definitely turn people off, and that feedback is spot-on for keeping things realistic.
As a total beginner in the Northwest Georgia area, I see wholesaling as a smart first step to build key skills—finding deals, negotiating, analyzing numbers, and growing a network—without needing big capital upfront, especially as an already busy professional (Accounting/Finance) with an existing residence.
Appreciate the advice from @Drew Sygit, @Frank Pyle, and others recommending house hacking as the foundation—it makes a lot of sense for learning the full picture. Would love any thoughts on doing wholesaling the right way.
Eager to learn and contribute as I go.
- 5moDrew SygitBusiness MemberProperty Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votes
Quote from @Adam Fenner:
Thanks for the great thread—lots of solid perspectives here.
I totally get the skepticism toward wholesaling that several folks mentioned (like @Amit Patel, @Evan Polaski). The high legwork, burnout risk, marketing grind, and occasional shady tactics can definitely turn people off, and that feedback is spot-on for keeping things realistic.
As a total beginner in the Northwest Georgia area, I see wholesaling as a smart first step to build key skills—finding deals, negotiating, analyzing numbers, and growing a network—without needing big capital upfront, especially as an already busy professional (Accounting/Finance) with an existing residence.
Appreciate the advice from @Drew Sygit, @Frank Pyle, and others recommending house hacking as the foundation—it makes a lot of sense for learning the full picture. Would love any thoughts on doing wholesaling the right way.
Eager to learn and contribute as I go.
Here's some copy & paste info:
--------------------------------------------------------------------------------------------------------
Why does everyone want to chase strangers – and ignore their own personal network?
Which do you think will be more competitive, buying from wholesalers or your own referrals?
Per this NY Times article, the average American knows around 600 people.
https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.
https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.
How many of those moves do you want to be involved in?
To maximize the number of transactions you’re involved in you will need to:
- Be Top of Mind when they think about moving - which requires consistent reminders.
- Be seen as an Expert – which requires a consistent message and Evidence of Success stories
- Gain their Trust – which requires communicating with integrity
So, start out by CONSISTENTLY posting what you are doing on whatever social media channels you currently use. Not on any? You better fix that! You may also want to figure out which channels your family & friends use the most and get on those if you’re not on them currently.
What should you post?
How excited you are about what you’re doing in real estate investing! Share stories about your successes AND challenges. Then, ask them for their help!
IMPORTANT: do NOT ask people for THEIR business, ask for referrals! Why? Because they will get defensive if they feel you are pressuring them. Remember, they can always refer themselves😊
Use one of the ideas below to trigger who they know that they could connect you with:
- Just inherited a home
- Had a loved one pass away
- Is behind on their mortgage or tax payments
- Has a relative that can’t take care of their house anymore
- Has a house they’re having trouble selling
- Is facing bankruptcy
- Knows a probate attorney
- Knows a bankruptcy attorney
- etc
Putting this in OVERDRIVE
Create a spreadsheet (Excel or Google Sheet) listing everyone you can think of that would recognize your name or face.
Why a spreadsheet? Because later, you can easily upload to a CRM like Constant Contact to create an email list!
Create columns for Name, email, cell and even Street Address, City, State, Zip and then contact info: Last Contact, Relationship, Status.
Then start calling these people. Divide the number of people on your list by 20 - and that’s how many you want to try to target daily.
Whether you get ahold of them or leave a vm, use 1-3 of the above triggers for referrals.
Why only 1-3 off the list per contact? Because on average, we can only remember three things at a time. If you try to go over the whole list, you’ll lose the attention of the average person and they won’t remember anything!
It should only take you about a month or two to contact everyone on your list and then the tough part – you start all over again.
Be sure to also ask what social media channels they are on and connect with them there.
Why the repetition? Because it takes repetition for people to remember things and you have to be top-of-mind when they encounter a potential client for you!
Have you ever been to McDonalds? Of course you have! So, why is McDonalds still spending billions on advertising?
One more tip – people remember stories that trigger their emotions. So, tell a story of how you (or a fellow wholesaler) helped a seller out with their challenge(s). Change your story each month as different stories will resonate with different people AND use each story to emphasize one of your “who do you know…” questions.
One last thing – we recommended you create a Status column on your spreadsheet, now we’ll explain why. If you find someone that seems to know a lot of people needing your services, wouldn’t it make sense to focus more resources on them? Conversely, you will run into people on your list that just seem to be a waste of time, so you’ll want to avoid them. So, create status codes for both of these and a few in-between codes to help you work smarter, not harder.
Logical Property Management4.9458 Reviews - Accountant · Member since 2018 · 26 posts · 10 votes5mo
Quote from @Drew Sygit:
Quote from @Adam Fenner:
Thanks for the great thread—lots of solid perspectives here.
I totally get the skepticism toward wholesaling that several folks mentioned (like @Amit Patel, @Evan Polaski). The high legwork, burnout risk, marketing grind, and occasional shady tactics can definitely turn people off, and that feedback is spot-on for keeping things realistic.
As a total beginner in the Northwest Georgia area, I see wholesaling as a smart first step to build key skills—finding deals, negotiating, analyzing numbers, and growing a network—without needing big capital upfront, especially as an already busy professional (Accounting/Finance) with an existing residence.
Appreciate the advice from @Drew Sygit, @Frank Pyle, and others recommending house hacking as the foundation—it makes a lot of sense for learning the full picture. Would love any thoughts on doing wholesaling the right way.
Eager to learn and contribute as I go.
Here's some copy & paste info:
--------------------------------------------------------------------------------------------------------
Why does everyone want to chase strangers – and ignore their own personal network?
Which do you think will be more competitive, buying from wholesalers or your own referrals?
Per this NY Times article, the average American knows around 600 people.
https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.
https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.
How many of those moves do you want to be involved in?
To maximize the number of transactions you’re involved in you will need to:
- Be Top of Mind when they think about moving - which requires consistent reminders.
- Be seen as an Expert – which requires a consistent message and Evidence of Success stories
- Gain their Trust – which requires communicating with integrity
So, start out by CONSISTENTLY posting what you are doing on whatever social media channels you currently use. Not on any? You better fix that! You may also want to figure out which channels your family & friends use the most and get on those if you’re not on them currently.
What should you post?
How excited you are about what you’re doing in real estate investing! Share stories about your successes AND challenges. Then, ask them for their help!
IMPORTANT: do NOT ask people for THEIR business, ask for referrals! Why? Because they will get defensive if they feel you are pressuring them. Remember, they can always refer themselves😊
Use one of the ideas below to trigger who they know that they could connect you with:
- Just inherited a home
- Had a loved one pass away
- Is behind on their mortgage or tax payments
- Has a relative that can’t take care of their house anymore
- Has a house they’re having trouble selling
- Is facing bankruptcy
- Knows a probate attorney
- Knows a bankruptcy attorney
- etc
Putting this in OVERDRIVE
Create a spreadsheet (Excel or Google Sheet) listing everyone you can think of that would recognize your name or face.
Why a spreadsheet? Because later, you can easily upload to a CRM like Constant Contact to create an email list!
Create columns for Name, email, cell and even Street Address, City, State, Zip and then contact info: Last Contact, Relationship, Status.
Then start calling these people. Divide the number of people on your list by 20 - and that’s how many you want to try to target daily.
Whether you get ahold of them or leave a vm, use 1-3 of the above triggers for referrals.
Why only 1-3 off the list per contact? Because on average, we can only remember three things at a time. If you try to go over the whole list, you’ll lose the attention of the average person and they won’t remember anything!
It should only take you about a month or two to contact everyone on your list and then the tough part – you start all over again.
Be sure to also ask what social media channels they are on and connect with them there.
Why the repetition? Because it takes repetition for people to remember things and you have to be top-of-mind when they encounter a potential client for you!
Have you ever been to McDonalds? Of course you have! So, why is McDonalds still spending billions on advertising?
One more tip – people remember stories that trigger their emotions. So, tell a story of how you (or a fellow wholesaler) helped a seller out with their challenge(s). Change your story each month as different stories will resonate with different people AND use each story to emphasize one of your “who do you know…” questions.
One last thing – we recommended you create a Status column on your spreadsheet, now we’ll explain why. If you find someone that seems to know a lot of people needing your services, wouldn’t it make sense to focus more resources on them? Conversely, you will run into people on your list that just seem to be a waste of time, so you’ll want to avoid them. So, create status codes for both of these and a few in-between codes to help you work smarter, not harder.
Drew, really thoughtful advice. And it explains how to balance that activity vs sales exploitation of the personal network.
- 5moStephen QuesinberryBusiness MemberReal Estate Agent · Cumming, GA · Member since 2016 · 226 posts · 157 votes
As others have stated, you can do both. If you’re prioritizing, I’d focus more on the duplex house hack. In my opinion, it’s just such a strong way to get started.
You lower your living expenses, get hands-on experience, and start building equity and cash flow at the same time. It also helps you learn the operational side of things in a more manageable way versus jumping straight into something more complex.
From there, you can always layer in other strategies once you’ve built some confidence and have a better feel for what works.
Cornerstone Real Estate Partners
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