Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

10
Posts
2
Votes
Tyler Hardy
  • Flipper/Rehabber
  • Pocono Pines, PA
2
Votes |
10
Posts

Rent or sell Property?

Tyler Hardy
  • Flipper/Rehabber
  • Pocono Pines, PA
Posted

So me and my wife inherited a property that my father owned, the house was very damaged and we decided to flip it. The location is a D location but we owe nothing on the house and put about $10,000 in repairs. should we sell the property to put the money in a better location or just rent it fo start getting some cashflow?

Most Popular Reply

User Stats

542
Posts
322
Votes
Ryan Deasy
  • Lender
  • Farmington, CT
322
Votes |
542
Posts
Ryan Deasy
  • Lender
  • Farmington, CT
Replied

i am big on buy and hold, but in your situation, i think i would sell and get in to a C class area or better. I have headaches with C class, i cannot even image what D class is like. 

Loading replies...