safe to buy fix & flips, or safer to BBBR right now?

[Stephanie S.]

Hi! I live in Tampa FL and I'm relatively new in the world of RE. My husband and I have completed 2 fix/flips over the last 2 years, and were considering purchasing our next flip. However a realtor friend of ours said it was a really bad idea right now because property values may start dropping soon. I am now considering buying BBBR properties instead, but my husband still wants to flip. On average it takes us 9 months to finish our flips because we do 95% of the work on our own. However if we did pick up another flip property we would hire out a lot of the work and would aim to complete it within 5 months.

I am hesitant to decide because I really don't know what the experts think about what's going to happen with the housing market, or how fast it will happen.

How do you guys feel about whether to fix/flip or buy/hold this year? Thanks for any advice!