Flip or Rental: What’s Your Best Real Estate Investment Option

Flip or Rental: What’s Your Best Real Estate Investment Option

The Simply Do It real estate investment network offers two types of real estate investment opportunities: flipping or renting.  Both options undergo a stringent due diligence process before being presented to our investors, so you can be sure that they are going to be worthwhile; but as a new investor, how do you know which option is better for you?

Before you can answer that question, you must first determine your investment goals.

  1. Are you looking for a long-term investment or a short-term investment?
  2. How much do you have to invest?
  3. Do you have a target amount you are wanting to obtain for a specific purchase or are you simply wanting grow your financial security?

Once you’ve established the answers to these questions, you will be able to sit down with our investor team and create a custom strategy that will assist you in achieving your financial goals.

Flipping vs. Renting

Now that you’ve established what your investment goals are, it’s time to take a closer look at the available options and decide what will work best in helping you achieve your end goals.

Flips

The first option is to invest in flipping properties; the best option for someone with short-term goals. The draw to flipping is that it will typically produce a quicker return on your investment, as most flips last between 5-6 months.

While there is a certain draw to receiving a quicker return, you do run the potential risk of things going wrong during the flip, such as the house not selling quickly and it sits on the market for additional months.

While the unknown risks might sound scary initially, the Simply Do It local teams are used to dealing with them and have the expert experience and knowledge to quickly mitigate them should they arise.

Rentals

The second option is ideal for anyone seeking a longer-term investment opportunity.  Rental investments will not produce the quick windfalls of their flipping counterparts; however, they can create a passive income from your overall portfolio of properties.

While there are still risks associated with investing in rentals, you’ll find that the Simply Do It team has the knowledge and experience to pick the smartest rental investment properties.  They will also work with you, teaching the skills needed to manage your properties for the long haul.

Rentals AND Flips

The third and final option is to create a real estate portfolio that includes both flips and rentals.  This strategy will provide you with quick returns while also setting you up for a longer-term, continual source of income.

Regardless of the path you choose, the Simply Do It investment team will work with you to help you establish what is best for your investment goals and will be there with you every step of the way to guide you through the entire process.

Ready to start down the path of real estate investment?  Then contact the Simply Do It team and take the first step towards your investing future.