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Updated over 12 years ago,
Starting a flipping business vs working as a RE agent for active real estate income
I agree with J Scott that there is both passive investing (buying and holding real estate for long term wealth building) and trying to build an active real estate business.
Between working as a real estate agent vs starting a flipping business which business is more scalable in your opinion for active real estate income?
As a real estate agent you would spend your time generating leads for buyers and I would assume that flippers spend time in generate leads in REO and short sale properties to flip for a profit. It also appears that one cannot be a one man company in a flipping business, where a team is mandatory whereas one can work alone as an RE agent when starting out.
Compare the two businesses? Which business is easier to scale and easier to start. What are the pros and cons of starting flipping business compared to starting out as a real estate agent. Is one easier to build than the other?