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Updated almost 2 years ago on . Most recent reply

User Stats

61
Posts
19
Votes
Tyler Piciullo
  • Real Estate Agent
  • Fort Lauderdale, FL
19
Votes |
61
Posts

Buy & Hold and Fix & Flip?

Tyler Piciullo
  • Real Estate Agent
  • Fort Lauderdale, FL
Posted

General question here. I’m new. I understand that fix and flipping is an active business like a job and buy/hold is passive like an investment. My question is if you’re a full time fix and flipper looking to get into buy/hold real estate does that career path give you better skills, better deals, and a better chance of knowing the business and acquiring more buy/hold investments vs just being an employee or a business owner running some random company? 

Most Popular Reply

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1,679
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836
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Mohammed Rahman
  • Real Estate Broker
  • New York, NY
836
Votes |
1,679
Posts
Mohammed Rahman
  • Real Estate Broker
  • New York, NY
Replied

Hey @Tyler Piciullo - I'm an investor and realtor. 

A 1000000% yes. Even as a realtor that works mainly with investors and orbits the real estate investing spheres in my market, I've come across deals that I would have moved forward with in a heartbeat if I had the liquidity to do so. 

As a flipper, yes you're more boots on the ground but once you get a few flips under your belt and are more intertwined with your local real estate movers & shakers... they'll naturally start to put more deals in front of you. 

Besides, if you're a smart flipper you'll likely have an advantage over others in terms of buying distressed properties to fix and then rent out. 

Look into BRRRR method of investing :)

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