Starting out in Real Estate - Flip or House Hack?

[Justin A.]

I am new to real estate investing and I am currently working at a big company earning a really good salary (just got out of school last year). I am interested in being financially free, but I am not sure how to start out. I am still living at home to save as much money as I can to start out in real estate. Should I flip a house to start out or do a house hack? Also, I work in the Sandy Springs (Atlanta) area and I am interested in keeping the property in the North Metro Atlanta area to save commuting time. Is the North Metro a good area to look in? Any recommendations on real estate agents to help find good investment properties to flip or house hack?

[Bradley LaBrie]

As someone who started out flipping and transitioned to House Hacking, I would definitely agree with the people above. Don't get me wrong I made good money flipping but the risk is high and the learning curve is steep. Do a BRRRR house hack combo if you're wanting to do a renovation. I used the 203k loan to rehab a large project, house hack at the same time, and pulled out equity like I flipped it. Now it provides $2k a month in Cashflow 👍 and I continue doing that.