Rent or Flip? Signs That Offer Guidance.
Hey everyone, happy new year. I'm a long time reader, but don't post often.
I live in Stratford, Connecticut since 2016 and the town has changed so much. Since 2020, there is a constant flow of New Yorkers buying flipped homes in town. As I consider selling or renting our home, I can't help but wonder why there are nothing but flips in town.
Investors and agents are not buying, rehabbing, and renting them out. They are all 100% flips.
Is it a bad sign that no one is holding long term and renting for cash flow? Love to hear your thoughts.