Which one of the above is the best way to start FIRST when you have no experience? then Gradually do the other ones.
Which one has the potential to make the most Money?
In my opinion I recommend flipping first. I think it puts the starters in the position to earn good money by stepping into a first-hand-user experience that will illuminate the other two roles (wholesealing and rental ownership). So so soooo many people start in wholesaling and truly wouldn't know the ARV of a home if their friend's life depended on it, yet wholesale homes based on that very knowledge (i.e. they fake it and mislead people). Flipping (or BRRRRing) will give you great first-hand experience and will build your intuitive understanding.
Great questions make great opportunities! Good work!
Buy and hold is the greatest way to create wealth in REI. However, wholesaling and flipping are a good way to generate capital to buy rentals. The ultimate goal in real estate should always be multifamily, in my opinion. The quicker you can get to larger multifamily deals, the better.
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