Real Estate Investors’ Best Bet: Flip, Rent, or Hold?
As any seasoned real estate investor could tell you, purchasing property is the easy part. The real challenge in real estate investing is figuring out what to do with those properties. Your options typically come down to three choices: flip, rent or hold. There is money to be made using each method, but knowing which method is right for you and your property will be the key to your success.
If you’ve watched enough HGTV, you may think you know the answer already. Not so fast! The blood, sweat, and tears—not to mention the risk required to build wealth in real estate are different for everyone and can change the equation significantly from what you’ve seen on television.