All Forum Posts by: Carlos Hernández

Hello Carlos, 

Its really going to depend on your personality. You have to find what fits you best. I would suggest maybe find someone who is willing to mentor you and take the time to learn from them. Explore as many areas in real estate investing as you can and once you see something you might actually enjoy doing then go all in and become the expert in that field. Find out your why in order to see what is the best choice for you. 

@Albert Bui @Matthew Kwan

In my opinion, it is often easier to build capital by buying and holding mid/long term. For example, rather than fix and flip, you could use that money for a down payment on a regular rental property. In my market (Clarksville, TN), you can buy properties right off the MLS for a 5-15% discount and have built-in equity. Additionally, sellers are covering closing costs in many cases. You may be able to sell that same property in 12-24 months and cash out on the equity. I think you've got a better chance of building capital this way.

If you are going to invest in another market, I believe a good realtor is imperative, It will save you quite a bit of time learning the market and if they are investor friendly, they can also send you off market opportunities, connect you with HML, and provide you with ARVs / Rental rates.

 PS Temple/Waco is just down the road from you ;)