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Updated over 5 years ago on . Most recent reply
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Newbie near Mansfield Ohio
Hey everyone! Looking to get started and meet my goals. Would like to become a mentor someday to help others too.
Most Popular Reply
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- Real Estate Broker
- Columbus, OH
- 1,770
- Votes |
- 3,042
- Posts
Good goals @Ben Skaggs the problem with flipping is that without taking other peoples money (strings attached) its impossible to scale...plus how many full-time flippers do you really know. The taxes are just too much...there are only a handful of people in the US that can actually make a flipping business work (and they don't flip for very long)...but its too much like a job...The real profits in flipping come from teaching other people how to flip...intellectual property. Why not save some time and start buying and holding properties now?...
The 2 most important things to learn are marketing and structuring a deal. Your construction background will be a real asset as you work to grow your buy-and-hold portfolio...
- Brandon Sturgill
- 614-379-2017
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