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Updated over 7 years ago,

User Stats

8
Posts
1
Votes
Mason Olah
  • Riverview, FL
1
Votes |
8
Posts

New investor looking to get started. Flip vs rent in the area?

Mason Olah
  • Riverview, FL
Posted

Hello, everyone. I've been living in the area for about 8 years now and I'd like to get into real estate investing soon. I really like the idea of rentals and the passive income but also think flipping could be a great way to raise some capital and, if successful, possibly turn it into a full-time gig and leave my 9-5 job. Ideally, I would like to do both. 

My question for you guys is what do you think of the local market in terms of flipping vs. renting? I have a realtor in St. Pete who says I can do very well flipping over there right now, but I've also been cautioned against investing in St. Pete (by a member here) that their permitting can be extremely slow and troublesome so I should stay clear of the area. 

Does anyone have any advice or guidance for me? Is flipping worthwhile here? Should I avoid St. Pete? 

I look forward to learning from everyone here!

Thanks in advance,

Mason

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