Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
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 4 years ago on . Most recent reply

User Stats

16
Posts
3
Votes
Adrian Suarez
3
Votes |
16
Posts

I’m in a dilemma Flip or rent?

Adrian Suarez
Posted

Hey someone I have a question i’m in the process of purchasing my vey first property I’m about to close in a couple weeks at first I was thinking about what is the best way to get the best maximum income profit then I realize no matter the money I get for this property that I’m rehabbing I’ll have to use that money I would have use that money to Flipp for another home and I feel like I would not get any money for myself so I maybe I should just rent it out because I’ve been told by my realtor that location is very rentable but if I do that all the money but pretty much goes to the property as soon as I get money friend I had to put it on insurance and majority has to put on the side if something happens to the property I have enough money to fix it and after that I don’t have enough for myself my question I’m literally brand new what do you guys think is the best option I am very realistic I don’t expect to get lots of money right away because I’m new but at the same time I thought I would get something in return or I have just to wait longer then I expected so please tell me especially the veterans how did you started out and how long was it for you to make money?

Loading replies...