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Updated about 5 years ago,
My idea for getting started
Hello all, I'm a newbie from the Denver area. I'm just getting started in the research/education phase of my career and thinking about what niches I'd like to focus on.
I eventually would like passive income and am leaning toward retal properties and buy/hold. However, just starting out I'm thinking about getting started with flipping. Reason being, it would give me a lot of experience finding and analyzing deals, buying, selling, rehabbing and building solid relationships with lenders, agents, contractors etc. Then after gaining some experience with buying/selling/rehabbing I figure I'll add landlording to the toolbox and build relationships with property managers with the goal of working toward something more hands off.
Does that all sound like a good way to get into this game? I'm open minded. Any suggestions are welcome.