Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on . Most recent reply

Starting off Flipping or Renting?
When I am of age (not 18 yet), would it be smarter to start off by flipping houses, or renting? I would appreciate the short term acquisition of wealth I obtain via flipping, but I also have my youth to my advantage, which also means I have time on my side (better for renting). What are any tips you may have?
Most Popular Reply

I'd start with renting, it is harder to screw up than flipping especially with no experience and if you do, time can help you recover. Whereas with a flip if you screw it up time is the enemy due to holding costs. You also have options to get into renting with less money down than flipping.