All Forum Posts by: Glenn Gayet

These are all very helpful answers everyone, appreciate the feedback. 

Thanks for the helpful answers, fellas. I don't know how many houses I'd plan on fixing and flipping because I don't know whats possible. Another question I'd have, that isn't exactly a major concern but it is a question, is, would it be somewhat contradictory/would I be competing against myself if I simultaneously invested in rental properties while conducting fix and flips? I realize this is quite a newbie question, but it is something that has crossed my mind.

Hello everyone, I'm extremely new to real estate, just in my early days of getting educated, and I had a thought come to mind the other day. 

I've been listening to the bigger pockets podcast on my way to and from work and one of the episodes mentioned fixing and flipping houses as the income to buy rental properties. I liked that idea. 

Then I had a thought come to mind. More and more people are choosing to rent instead of buy, which makes me question if fixing and flipping is a good business model going into the future since according to the data, fewer and fewer Americans are purchasing homes. As much as I would love to fix and flip homes, the reality must be assessed. If fewer and fewer Americans are choosing to live in homes, then why would you choose to make your money off a product that fewer and fewer people want? 

Thanks, appreciate any feedback. 

Hi everyone. I'm new here. I'm running an experiment for 90 days, reading about real estate everyday to see if it's something I want to get into. Thanks, and I hope I end up staying in the community and the industry.