Should a no experience investor start with fix and flip or fix and rent?

[Anaujah Curry]

I am 26 years old, an extremely beginner into the real estate industry. I am looking to invest, should i consider multi family units ( duplexes) or single home where I would fix and flip? 

I am in Charlotte, NC 

[Jose Clavijo]

I’d absolutely go the house hacking route. Personally, I’d look for a duplex, ideally one with some value add potential. Even if just one unit needs cosmetic upgrades, that’s a great way to boost equity and rent quickly. Once it’s rehabbed and rented to a solid tenant, you can rinse and repeat.

Cash flow should be the priority, so I’d focus on areas around Charlotte that are just outside city limits, you’ll typically find better price points. Just make sure you run your numbers carefully, factor in maintenance and vacancy, and move forward once the deal makes sense.