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Updated about 6 years ago on . Most recent reply

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Courteney Tutein
  • Rental Property Investor
  • Newark, NJ
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I have some cash but not so much time

Courteney Tutein
  • Rental Property Investor
  • Newark, NJ
Posted

Hello everyone my name is Courteney, and new to the site. I live in Newark NJ area. I have some cash to invest but not really the time. I would really like to get into flipping out of town and really looking to find the right team to get started with. The Newark area is a bit over priced for me to doing it alone. If there is any advice from local or out of state people I would be grateful. . I’ve done one flip in Atlanta but then my wife’s father got sick and wasn’t able to do it anymore. Thanks for your time I appreciate it. 

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Frank Wong
  • Real Estate Broker
  • Bay Area
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Frank Wong
  • Real Estate Broker
  • Bay Area
Replied

Hi Courteney,

"Have some cash but not really the time".  I would not flip.  Flipping requires a lot of time even if you had a team.  It's not like you have a perfect team they do the work you fund it and make money.  Doesn't work that way.  You need to find an investment vehicle that can require less of your time. 

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