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Updated almost 13 years ago on . Most recent reply

User Stats

505
Posts
34
Votes
Samantha M.
  • Landlord
  • Dallas, TX
34
Votes |
505
Posts

Figuring out if Subj Property is better as a Rental or Flip?

Samantha M.
  • Landlord
  • Dallas, TX
Posted

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

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