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Updated almost 6 years ago on .

User Stats

77
Posts
22
Votes
Nick Ruffini
  • Rental Property Investor
  • Los Angeles, CA
22
Votes |
77
Posts

Flip, BRRR, Buy and Hold?

Nick Ruffini
  • Rental Property Investor
  • Los Angeles, CA
Posted

Hey BP,

I was reading through Gary Keller's "Millionaire Real Estate Investor" book and his suggestion is to work in phases:

Phase 1: Buy and live (especially if you don't have a  lot of money to throw around)

Phase 2: Start flipping to accumulate cash

Phase 3: Buy and hold properties to start building long-term wealth

I'd love to hear other people's journey through the 3 phases. I know @Brandon Turner frequently suggests buying and living (house hacking) first too, but I'm always interested to hear what others have done. 

Thanks!

Nick