Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

Account Closed
  • Columbus, OH
3
Votes |
5
Posts

Is it worth it to Fix & Flip instead of Buy & Hold?

Account Closed
  • Columbus, OH
Posted

I'm very seriously educating myself on real estate investment. I'm 25 years old with zero capital to work with and my ultimate goal is to build long term wealth (as quickly as possible).

I have heard that a minority of real estate investors Fix & Flip because the gains are taxed at the highest rate, greatly reducing the net profit. I understand the long game is to Buy & Hold, but I have no desire to be a landlord or continue upkeep on the property long term. The logistics of that seem nightmarish to be totally honest. I'd much rather renovate, sell, turn around and do it again. 

All of that being said, if it truly isn't worth it for someone starting with nothing to Fix & Flip and I should really Buy & Hold for a few years of passive income instead, I suppose I am open to that. But I wouldn't want to do it longer than necessary. Does anyone with more experience want to weigh in?

Loading replies...