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Updated over 1 year ago on . Most recent reply

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Trent Davis
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Flip or Rental, how to decide?

Trent Davis
Posted

When looking at a property what is the best way to determine whether to make it a rental or a flip?

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Trent Davis

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Bob Stevens
  • Real Estate Consultant
  • Cleveland
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Bob Stevens
  • Real Estate Consultant
  • Cleveland
Replied
Quote from @Trent Davis:

When looking at a property what is the best way to determine whether to make it a rental or a flip?


Depends how much you are making on the flip. However, wealth is built not flipped. Biggest mistake I made was not keeping 50 or so more of the 500 I flipped HUGE mistake,  

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