Real Estate Broker · Columbus, OH · Member since 2013 · 3k+ posts · 1k+ votes
What lead to your decision to fix and flip versus hold long term...there seems to be a point where this decision takes place. My personal strategy out of the gate was to rehab and resale, but the grass is looking greener on the other side of the fence right now...thanks in advance for your input.
I might suggest checking out the "podcasts". In my opinion at the end of the day. Even after running all the numbers I always say "How does this property best fit into my overall REI plan". I hope you have one...
Rental Property Investor · Dallas, TX · Member since 2013 · 114 posts · 38 votes
12y
Id say you have to determine in your own mind what makes a good rental and doesn't. Just because you say "Im gonna buy rentals" doesn't mean every deal you find has to be a rental. I wanted to have at least 2 new rentals by this point in 2014 and instead I have 0 because nothing I found made sense to me as a rental. I decided to flip all the deals Ive gotten so far this year because they don't meet the requirements that I've decided work best for me. Theres a million ways to invest in RE, and just about none of them are wrong.
