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Updated over 8 years ago on . Most recent reply

User Stats

50
Posts
8
Votes
Rita Koroll
  • Palm Harbor, FL
8
Votes |
50
Posts

Flipping or holding and renting?

Rita Koroll
  • Palm Harbor, FL
Posted

As an amateur starting out, is it better to start with rentals for cash flow or flipping? 

Most Popular Reply

User Stats

36
Posts
12
Votes
Aaron Reynolds
  • Investor
  • Kent, WA
12
Votes |
36
Posts
Aaron Reynolds
  • Investor
  • Kent, WA
Replied

Hi Rita, from what I have learned in my experience (having done both rentals and flips) and from reading other's experiences, there's no clear cut answer.  Everyone is different.  It depends on what your goals are (short and long term) plus what your skills are.  Can you manage a flip or do the work yourself?  Do you want to deal with tenants?  I encourage you to keep reading and learning to figure out what will fit you.  Good luck in your endeavors.

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