Rent or flip house factors
What are the factors that make you decide to flip or rent a house? We always decide to rent with 8 rentals now and this would be are 9th we just closed on and all off are rentals have a roi of 20% and higher.
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Joshua D. Alternative posit: Look for the lowest performing rental of the bunch and sell that. If you buy enough you'll hit a clunker. I don't have one yet but I know it will happen. For you, it might just be selling a "good" property to open yourself up for a "very good" or "great" deal. You could also look at cap-ex lifespan and sell if there are major expenses in the next 5 years that would/could kill cash-flow. Not that you *have* to top-grade but it's a different way of looking at flip vs. rent.