What’s a better option in 2021... Flip Houses or Rentals??? What are your thoughts???
I'm probably either (A) old-fashioned, (B) short-sighted with money, or (C) too low-risk to answer this question with a genuine consideration of both perspectives. That said, each market may encourage different approaches based on its specific qualities. Not every market is as hot as Boise, and not every market is as cold as Louisiana.
What my approach has always been, and will likely continue to be is buy-and-hold. I'd rather find cheap houses, buy and rehab them, rent and refinance as much cash out as possible. Once I have a property with tenants, I have a property that cash flows.
For me, having a predictable flow of cash each month is among the best ways to feel safe while having a tenant pay down a loan is the best way to create passive wealth. What do you prefer?