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Updated almost 8 years ago on . Most recent reply

User Stats

122
Posts
33
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Kevin Nichols
  • Investor
  • Rock Hill, SC
33
Votes |
122
Posts

Flip vs. Buy & Hold?

Kevin Nichols
  • Investor
  • Rock Hill, SC
Posted

I'm purchasing a property on a street that has a lot of flipper activity.  I had originally thought about using the house as a rental.

The rental will net $6200/year...but it looks like some of the flips are getting $30K to $50K gross.

Is there a calculator or some benchmark that shows whether a house should be a rental or flip?

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