Flipping vs multifamily

[Kevin Frett]

Hello, I have been reading countless books and I've watched countless videos about apartment investing. I've recently moved from Norway to Orlando,Florida. My question is should I start flipping homes on the outer parts of Orlando to build up more capital? My ultimate goal is to own multifamily properties for passive income. Any advice is very welcomed.

[Matthew Hunt]

Just an opinion, as I'm kind of in the same boat as you, and have never flipped a property or bought an apartment building, but I'm not gonna bother with flipping. I see much more profit in the long run in multi-family. I plan to put together a syndication so I can buy at least 60 units so 3rd party management is included in the valuation. I do already make $100k/yr however, and will be putting $50k of my own money into my first deal.