In the near future I look forward to working on my first investment property, and I wanna hear the opinions of those that have worked on their own investment properties.
I’m not a real estate agent. But, looking at it from a retirement and early retirement perspective. Buy and hold is the best approach. You can input xx years for work and once properties paid off, you can retire. Otherwise, the constant grind continues via house flipping, w2 work, sales, etc.
i think of buy and hold solid A and B class real estate as mini pension plans.
Everyone has a personal preference, but I believe the common theme to anyone who has built real wealth and achieved financial independence, has done it slowly and methodically via buy-and-hold. Tax benefits/situation is more advantageous and it is steady income. Fix and flipping is a job.