Updated 2 months ago on . Most recent reply

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

Seconded on the house hack. You can do fix and flip but you basically need to buy it right, manage it right, and sell at the right time and for the right price. Plus it's tax inefficient, so on a $25k profit, you probably end up with $15-18k. House hacking builds equity and can reduce your house expense.
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