I’m a big advocate of building a portfolio for long term wealth.
However, by holding properties, unless you’ve got a big passive income coming in from those properties, they don’t provide you cashflow now.
And, to be fair, it takes a long, long time, to build an income which you can live off from a
portfolio.
For those that love property and want to be full-time in property, flipping a few properties each year can replace your income and allow you to walk-away from your 9 to 5.
Property flipping offers you a lifestyle where you can run your own business, be your own boss, find your own deals, make your own money and be Full-time property which can include a dual strategy such as Buy/ Reno/ Hold or development etc.
Full-time Property Flipping allows you to spend your days looking for new deals instead of working for someone else.
It means you can work your own schedule & manage your own time to play golf on a Friday, attend your kid’s assembly’s & watch their after-school sports & recreation without having to ask your boss for time off.
Now, I’m not saying don’t invest and hold properties for the future to set-up your retirement…
I’m saying a dual strategy can work well flipping provides great cashflow!
