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Updated almost 12 years ago on . Most recent reply
![Jennifer Lee's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/127754/1621418162-avatar-apirlrain.jpg?twic=v1/output=image/cover=128x128&v=2)
how many actual flips have you done?
hi BP
just another curiosity post.
I have NEVER successfully flipped a property.
hoping to flip my first this year...although I am thinking it may turn into a buy/hold
my first flip, turned into rental and then sold (2 yrs total)
my second flip was a LIVE in flip... knowing I was owning for only a few years.
all my other properties were buy/hold/rental from the start.
so Question:
How many actual flips have you done?
How long do you try to SELL it before turn it into rental??
I think where I went wrong was too short on market and not priced right...
thanks
Most Popular Reply
![Justin S.'s profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/28868/1621364604-avatar-wheelhouse.jpg?twic=v1/output=image/cover=128x128&v=2)
Since going solo 18 months ago, I've done 19 flips and I have 5 in inventory in various stages. I also would not turn a "loser" flip into a rental. I would sell for the loss and get my money back working in the next deal.