Skip to content
Market Trends & Data

User Stats

21
Posts
8
Votes
David Trevino
  • Odessa Tx
8
Votes |
21
Posts

Im all over the place and undeceive new construction or flipping

David Trevino
  • Odessa Tx
Posted Aug 16 2022, 19:04

Hello BP members I'm trying to get some input on what to do regarding real estate my goal is to buy and hold multi family as wealth building / cash flow 

as far as rentals go  i know that replacing my income will take a long time i currently have 6 figures to invest in to a business to to start a side hustle and from the cash flow from a business buy rentals I'm 

currently interested in doing New construction flipping or flipping old homes i currently have a full time job I'm just curious what would you guys recommend if you were in my situation and also giving in the market that we are currently in 

User Stats

2,404
Posts
1,015
Votes
Kerry Noble Jr
Pro Member
  • Investor
  • Indianapolis, IN
1,015
Votes |
2,404
Posts
Kerry Noble Jr
Pro Member
  • Investor
  • Indianapolis, IN
Replied Aug 17 2022, 07:48

couple things.....since you have a FT job....i would find a partner that can do things while youre at work....

check out the permits....are new permits declining in your area? Whats the average days on market?