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Updated about 4 years ago on . Most recent reply
Rent or Sell Now in Md
I have been remodeling and flipping houses in Maryland Baltimore county last 4 years last year i have decided to hold my property and start renting them out and do BRRR but covid happen now im just so confused about two-properties I have now should i sell or rent whoever I talk with now they all tell me horrible stories and problems they are having with tenants they not getting any rent court system is all backed up they can't eviction anyone by law everything the bad story so someone can help let me know what is the best rite now these days to come thanks
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What @Russell Brazil said.
But at this market, I would focus on flipping as the market is crazy insane. People are buying houses, sometimes even when the flip is not even 100% done. Once things are back to normal, like when the moratorium can't protect these bad tenants anymore, I would focus on rentals.
Flipping these days may just give you that capital that you may need later on to get your rental fleets.
If I didn't have a family and not in this soon-to-expire lease apartment, I would be, 100% flipping my way through for the next couple of years. But since I have both, I have to find a multifamily unit to house-hack just to get outta this apartment so I can at least get started in the meantime.
A $0.02 from a newbie.