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Updated about 3 years ago,
New to investing/Buy and hold vs Flipping
Hello everyone,
I am new to the investing world.
For almost two years, I have been interested in investing in real estate without any clear path as what to do (I had an idea but no clue what I was doing). About 2 months ago I discovered the Bigger Pockets podcast which has changed my view on how to invest.
Anyways, I have been researching Buying and holding properties for about a month now (allot of late nights to say the least).
I have some idea on how to start but I am still a newbie and I have a question (I'm sure others will follow).
1. What are some pro's and con's to Buying and Holding using the BRRR method (Buy, Rehab, Rent, Repeat) vs flipping?
Any tips would be greatly appreciated.
Thank you