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Updated almost 10 years ago on . Most recent reply

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7
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Tanya Ugaitafa
  • Real Estate Investor
  • San Diego, CA
0
Votes |
7
Posts

Buy and Hold Vs. Buy and Flip ?

Tanya Ugaitafa
  • Real Estate Investor
  • San Diego, CA
Posted

Hi Everyone. 

I wanted to get some information from Investors who currently buy and hold and ALSO buy and flip. Just to give you an idea about myself, I live in San Diego and currently buy and hold in 6 different markets. All of my properties are positively cash flowed properties and seeing DECENT returns; However, for the past year, I have been contemplating on flipping properties, but I know that I haven't done the proper due diligence for me to make an educated decision.

 I work for a Real Estate Investment Firm as well, so it is also my job to SELL Investors on WHY to buy and hold with us instead of flipping. Of course I can't sell everyone on this idea, but I honestly think that I sold myself into believing that buying and holding is better. This has been a huge factor on why I have so much hesitation with flipping properties. But when I see the amount of money people are making with Flipping, it makes me go crazy. 

Another thing, is that I live in San Diego. How can I flip a property in San Diego when one property out here is worth 3 properties in my portfolio? San Diego is just so expensive. I believe I need to do a lot of Due Diligence. But I just wanted to get some input from everyone. Which route do you think makes more sense? 

Buy and Hold? OR Buy and Flip?

Most Popular Reply

User Stats

61
Posts
21
Votes
Sean McNamara
  • Denver, CO
21
Votes |
61
Posts
Sean McNamara
  • Denver, CO
Replied

We make those decisions on a deal-by-deal basis. I wouldn't pigeonhole yourself in to one type of investing. To be clear I am not encouraging you to be a jack of all trades and a master of none, but I think its important to look at each deal with an open mindset. Some deals just cashflow better, others have huge flip potential. 

Hope this helps @Tanya Ugaitafa

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