Real estate investment: flipping pre-foreclosures (buying and selling) VS. buying regular properties to rent?
Which of the 2 is a better investment strategy in your opinion? THANK YOU.
2 Responses to “Real estate investment: flipping pre-foreclosures (buying and selling) VS. buying regular properties to rent?”
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I considered both and on a property, rent and other property vende.Si overturned and you can handle “People calling you at all hours of day and night with water problems, air conditioning broken, people etc.La calls you to say you will be late to the renta.Llamar to ask if you can paint, fix, repair, etc.Mover trash when people leave everything then a lease is great and is a money making machine plazoCon long fin must take into account The capital gains impuestosLa possibility that you will not sell (especially in this market) The likelihood that you will overspend on the presupuesto.Pero with a wrench, you will have plenty of money once without problems in the future. My husband prefers the houses definitely cover. He works full time and says that the rental property is a pain cabeza.Estoy looking for another property to rent or flip, but I play it by ear.
I’ve done both and currently have three properties. There is a barn to take care of the rent 10% of gross income. Very rarely have to do anything about the properties and just get a check in the mail every month. Therefore, if you are buying rentals, but want to drive then make sure you have enough positive cash flow to cover a property manager. It is a stretch pena.Moviendo was very lucrative in the past but has become much more difficult of late due to declining market quickly. I guess it will be until next year before we see a collapse of the market that cover rehabs time and opportunity will be plentiful. Personally I’m waiting out for now until you see a bottom turn or up. Good luck!