Pros & Cons of Fixing and Flipping Different Property Types

[Brandon Wu]

Hey everyone,

New here to bigger pockets, tons of knowledge here. I have been searching for a while now, but still always on the search for more info/or anyones personal experiences. If this has been done before, my apologies; but if not, I hope this can benefit more people than just me:

I'm looking for the pros and cons (in your opinion or from your personal experience) of fix & flipping each property style, such as condos, townhomes, SFH, MFH, etc.

Thanks all

[Brian Burke]

Brandon,

I've flipped each of the property types that you mentioned. My favorites are the ones that have the largest spread between the after repaired value and the all-in basis. That may sound like a non-answer to your question, but it's not intended that way. My point is that on a flip, all I care about is making money. It's so much more about the deal than the property.

I'm much more concerned about the advantages / disadvantages of various property types when I'm buying to hold. In that case, I have to live with it for the long haul. On a flip, the disadvantages and advantages are long forgotten after the profit check is deposited.