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Updated about 2 years ago, 10/06/2022
how to tell if an investor will fix and flip or just rent it out
(SINGLE FAMILY HOMES ONLY)if the investor rents it out they are probably only going to do little to no renovations because its going to be rented which changes my offer number
1.)my theory is that if there is more for sale properties in the area and barely any for rent properties then i would say the investor is more likely to fix and flip and vice versa
2.)also the location is important. if its in the suburbs it would most likely be a fix and flip and if its in a major city area it will probably be rented, but this is not very clear and should be used with #1 statement.
3.) also some propeties we get a deal on could already be rented out and that would make it a rental but most of us wholesalers target vacant properties so this question would be unclear for us at times
please give a clear answer with little to no fluff please, thanks
Clear answer with no fluff:
Q: How to tell if an investor will fix and flip or just rent it out?
A: Ask them.
Don't assume there will be no renovations if your investor is buying to rent it out. And just ask him what he/she plans to do with the properties you find.