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Real estate
Buying to flip versus buying to turn into rental properties
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[QUOTE="cmoneyspinner, post: 279438, member: 25593"] Investing in real estate is loaded with all kinds of ways to make money. My husband owned rental property and if you have good tenants, then it's great! If you have difficult tenants, it's a huge problem. My son preferred to flip a property. The problem with that is that you have to keep paying all of the bills as if you live in the house - utilities, the mortgage payment, etc. The longer you hold the property and have to pay these expenses, the more it reduces the profit you will make. The quicker you can flip a property, the better it is. The better the tenants are, the better it is to have a rental property. Flipping is good for short-term. Rentals are good for long-term. [/QUOTE]
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Buying to flip versus buying to turn into rental properties
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