Quote from @Jade Frank: Looking for advice from successful investors in the flipping industry or BRRR method.

The BRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) wasn't just dead... it was buried.

You've listed two strategies for starting a new business (arbitrage, laundromat) and one strategy for acquiring your first asset (house hacking).While they can all generate income, be careful not to accidentally buy yourself a 100-hour/week job (I'm only exaggerating a little) when your stated goal is to invest in multifamily.

This is a strategy investors will use to scale quicker since you have the primary residence and 1031 opportunities.

Did you use the BRRR method?

Flipping 2 units to owner occupants seems like the winning strategy right now.

If single, you could do a BRRR Househack, preferrably in a 2-4 family.

Understand what the best RE strategy is for your comfort level and goals.

There are a few ways to think about your next move.From a tax and strategy perspective, here’s how to look at it.

I'm looking to invest in my first rental property in Amarillo, TX soon.I wanted to ask what are the strategies or types of real estate investing that work best in Amarillo now or around that area?