Starting Investment Options

[Chris Laino]

What does everyone think the best place to start out would be and why? Buy & rent, Fix and Flip, wholesaling, BRRRR, tax liens, or something else? I am in the NJ market.

[Joe Norman]

Short answer is that IT DEPENDS!  How much money do you have available to invest?  What are your short and long term goals?  If you've got money and patience then best long term wealth building strategy is Buy and Hold for cashflow in lower-middle class areas.  I suggest finding an agent in your town who specializes in working with investors so that you can get a feel for how much money is needed to invest in your market.