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Updated over 5 years ago on . Most recent reply

Account Closed
  • New York, NY
47
Votes |
34
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From personal experience, fix and flip or rental properties ?

Account Closed
  • New York, NY
Posted

Hello Everyone,

My name is Bijou Diaou, and I wanted to hear from personal experience which investment strategy would you prefer fix and flip or rental properties? If you can include your reasoning, it will be highly appreciated?

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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

It all depends heavily on the house and neighborhood.  Too nice to pencil as a rental?  Not nice enough to be a good retail sale?  

Fit your strategy to the asset.  Not everything is a nail just because your tool is a hammer. Have more than one  tool.

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