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Updated over 12 years ago,
Figuring out if Subj Property is better as a Rental or Flip?
There are numerous factors that go into what makes a subject property better as a flip or rent.
What are some of the factors you use to evaluate the subject property to reach a conclusion?
Some things I look for
-If the comps show the property rents for $1 per sq ft or better, definite rental
-If DOM is greater than 90 not good for a flip, probably better as rent