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Updated over 3 years ago, 10/03/2021

User Stats

14
Posts
8
Votes
Philip Marzen
  • Wilmington DE
8
Votes |
14
Posts

Changing strategies to climb the ladder faster?

Philip Marzen
  • Wilmington DE
Posted

Hello BP family. I am starting to focus on investing and producing cashflow. However, once I buy my first property I will be back at square one with little to no savings so it will take time to build up to buy another property. Would anyone suggest jumping into flipping homes first in order to produce "quick" cash, or should I stay focused on what my goal is even though it will be a slow process? 

Obviously what works for one person doesn't work for everyone, but if you have changed focus on your investing strategies I'd like to hear your story and how it affected you. 

THanks!

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