House hacking, live in your flips, or wholesaling which is best?

[Logan Sherwood]

Out of the three ways to get into real estate investing I listed above(house hacking, live in your flip, or wholesales) which is the best strategy to get started?

[Hattie Dizmond]

dude...that's like asking what's the best car color!!  What's best for you is probably not best for me. I'll give you a quick example...a live in flip would be easy for me to manage, because I'm single and have no children.  On the other hand, my business partner could never do that, because she's married with 3 small children. 

I suggest you check out some of the Brandon Turner blogs and publications. He does a great job of going into detail about the positives and negatives of house hacking and live in flips. 

Wholesaling is not for the faint of heart. And, even though the price point for entry is comparatively low, it requires you to be an expert at deal analysis, rehab estimation, marketing, negotiation, creative strategies, and multiple exit strategies.  The folks who dive into wholesaling thinking it is an easy entry are 50% of the reason wholesalers are widely disliked. The other 50% are the ones trying to pass off junk as deals.