Fix & Flip or Fix & Hold?

[Deborah Wodell]

Hey everyone,

I’m curious to hear how you decide whether to move forward with a fix-and-flip or hold onto a property for long-term rental income. Sometimes, a deal looks great on paper for a flip, but as you dig deeper, you realize the numbers might not line up as expected. What’s your process for determining if a property should be flipped or turned into a rental instead?

Do you ever change your mind mid-project? How do you pivot if you’ve already started a flip but realize a rental would be more profitable in the long run? I’d love to hear your strategies and any examples of when you’ve successfully adjusted course!