Most people lose money in their first 4 deals in house flipping, do you want to take that chance of losing your savings.Look for long term rental or fixer upper or even BRRR deals at the beginning.

A more holeistic approach is needed: long term wealth is mostly created by principal pay down and appreciation.

I specialize in helping clients with investment strategies like BRRRR, fix-and-flip, and short-term rentals.

I recently purchased a Short Term rental property and plan to self manage the property.

@Khaled SeirafiA 1031 exchange from a multi-use property in the Bay Area to a multifamily in Orange County with a medium-term rental (MTR) strategy can definitely work, but location, regulations, and demand are key.

Hi all - I have my first long term tenant and need to draft up a lease agreement.

Unfortunately the short and mid term markets are slowing down.

Some of these terms are not clear to meAlso I'm super interested in hearing the average around all these numbers.

Be sure to explore all around the forums as well as many of the FREE tools that Bigger Pockets provides.I am on the lending side of things and am always happy to hop on a call to discuss loan options that are out there, even if not offered by my resources.

Hi Collin,After managing hundreds of properties, I always keep an eye on short-term rental trends, especially in key markets like the Smokies.