Have you been considering getting into real estate investing, but you don’t really know where to start? For most investors, a fix and flip project is the best way to familiarize yourself with the world of real estate.

It hits all the vital steps of the investment process including researching, planning, buying property, performing renovations, marketing, and selling.

It also serves as a great launchpad for other, more long-term real estate investments. A fix and flip project can be a great investment for a number of reasons.

The term "buy and hold real estate" refers to a specific investment strategy where investors purchase property and retain it for a long period of time, often several years or decades. The investor rents out the property and collects rental income. Over time, the property’s value may increase, allowing the investor to eventually sell it for more than they paid for it.

Ultimately, the buy and hold strategy is a long-term approach to investing, unlike purchasing real estate only to sell it again soon afterwards. In a buy and hold real estate situation, you might even hold onto a property for your kids or grandkids someday to bring them rental income or even the proceeds if they decide to sell the property.

The BRRRR Method is a real estate investment approach that involves flipping a distressed property, renting it and taking out a cash-out refinance to buy other properties in need of renovations.

When you compare the BRRRR Method to conventional investment property strategies, you’ll see that the central difference is the BRRRR Method’s focus on investing in distressed properties that get refinanced to repeat the process and buy another distressed property.