Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago,
Investment strategy
So, after some extensive research and listening to various podcasts here on BP, I have found a couple of strategies that pique my interest.
I would like to initially fix and flip properties and then use the capital/leverage to buy and hold properties, possibly renting these properties out for passive income. My end goal is to have as diverse of a portfolio as possible and possibly supplement the income of my current job.
I have been reading about how fixing and flipping is a JOB. I understand that and would like to use that a a base or platform to move into more passive type strategies.
Has anyone out there had any success with this type of gameplan? Are there some things I should be aware of? I am curious to know any and all opinions on this? Thanks!
Tyrone