5/24/2023 0 Comments Brrrr david greeneThe best strategies for this are to become a hard money lender or a discount note investor (someone who buys another person’s debt at a discounted price and earns the difference between the discount and face value).īuild wealth. Make money without buying property, allowing you to take a more passive approach. The best strategies for this are house-flipping and becoming a wholesaler. Start a business, rather than merely making an investment (as you would in stocks). The best strategies for beginners to start making money are BRRRR, live-in-flip (buy a fixer-upper, live there while renovating, and resell at least two years later to capitalize on tax benefits), house hacking (rent out extra rooms or units on your property), and live-in-then-rent (buy a home, live there, then leave and rent it out). Real estate investor Chad Carson lists five common goals and the best strategies for achieving them:
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