Flips vs. Rentals

Flips or rentals? Which of these two passive income properties do you think is better for business?

Both are fantastic options for generating passive income, and each has its own benefits. Let’s take a look at both to find out which one is better. I will also share my personal opinion on what I think contains the most water.

I started flipping houses and it was great. He brought a lot of money. The trick with flipping is that you have to do it consistently and regularly if you want to win more.

If you have a hard money loan, delays will reduce your earnings. You still have to pay the lender on time anyway, so that can be quite a challenge. This is why you need to constantly switch houses to keep the money flowing. Flipping is great, but requires a lot of work to maintain.

On the other hand, rentals are safer. It made a lot more sense for me to invest in that than to change houses, as it is more stable and at the same time helps me shape my own legacy to pass on to my daughter, her daughters, and so on.

With rental properties, the funds keep coming in. You’ll have to shell out a lot initially and wait a little longer for the earnings to come in, but once everything balances out and stabilizes, the passive income will keep coming.

So to answer our question about which one is best for you: It depends.

It depends on your goals. Do you want to benefit from the properties in the next 3 or 6 months? Then moving house is a smart choice. Personally, I lean more towards rental properties for security.

When looking for these opportunities, don’t be afraid to look at other areas to drive and grow your business. It will take a lot of work, but when you see how much it drives your business, it will be worth it.

Finally, experience will always be your best teacher. Trust me on this. I’ve been through both and wouldn’t know which one is better for me if I hadn’t tried both.

Hope I was able to help enlighten you on this. It really depends on how you envision your future. If you have questions, feel free to reach out. We are always happy to help.

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