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Updated over 3 years ago, 03/12/2021
More Important–Growing Capital or Collecting Passive Properties?
I have a goal of reaching financial freedom within the next 10 years by accumulating rental properties for passive income. While it seems logical to start gathering those rental properties to work towards my goal, I have heard that the best thing I can do as a young investor is to grow capital as fast as possible. So, I must ask, which would you suggest a young investor focus on:
-To start growing a collection of rental properties over the next 10 years to achieve financial freedom (Most likely through house hacking) or
-To master the art of flipping/wholesaling to accrue capital and then later invest the capital into rental properties
Your input is appreciated and thanks in advance!
-Evan