Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

15
Posts
6
Votes
Belliny Flores
  • Flipper/Rehabber
  • Tucson, AZ
6
Votes |
15
Posts

Absolute newbie here

Belliny Flores
  • Flipper/Rehabber
  • Tucson, AZ
Posted

Hello BP community! I'm an absolute newbie who is extremely excited about jumping into this world. I have a question that I cannot answer on my own and im sure many of you had this question when starting out.

Should I invest in rental or should I flip?

I know it's a loaded question but my thinking is maybe the first property I should flip so I can build up some cash reserves which I can eventually use to purchase a rental property and build from there. I love the sound of long term holding and being paid on that while it appreciates but then my money would be tied up in that property until I can save enough for another property. Am I over thinking this? Or is there a better way to think about this? Any experiences or advice you can share with me would be amazing. My market is Tucson AZ.

-Belliny Flores

Most Popular Reply

User Stats

276
Posts
282
Votes
Andrew Bang
  • Lender
  • Texas; Arizona
282
Votes |
276
Posts
Andrew Bang
  • Lender
  • Texas; Arizona
Replied

Either one works great in Tucson right now.   Price points are great for cash flow on your rentals, and I've seen good returns and short days on market for flips.   For just starting off, I would focus on flips.  Learn how to find and comp properties, then manage contractors and the rehab.  If you are only buying properties with the margins to flip and decide to hold onto it, no harm done, now you have a rental with built in equity.  

Loading replies...