Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 about 5 years ago on . Most recent reply

User Stats

197
Posts
105
Votes
Quentin Mitchell
  • Investor
  • Chicago, IL
105
Votes |
197
Posts

Buy and Hold your way to freedom!

Quentin Mitchell
  • Investor
  • Chicago, IL
Posted

I never calm to be an expert or guru but in my humble opinion everyone should start off with a buy and holds strategy so that they can cash flow their way to their lucky freedom number, now if you want to throw some flips in there to raise capital then that's fine, but the cash flow is what gives you the freedom to quit your day job and focus more on the business. Now I am saying freedom number meaning you will not be rich but stable enough to sustain your lifestyle and grow your business to become rich or become whatever it is you want to be.  The steady income gives you freedom and also has the best tax benefits as well.

Please share your thoughts.

Loading replies...