How To CORRECTLY Choose Whether To Flip Or Rent A Property
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- Опубликовано: 8 фев 2025
- How do I choose whether I want to flip or keep a property as a rental? There are a bunch of things to consider and we will address them in this video!
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The first thing to address is that most real estate investors are locked into one strategy. If you talk to certain people they might say:
“I’m a house flipper”
“I’m a wholesaler”
“I’m a buy and hold guy”
The best investors are a combination of all three. When you limit yourself to just one exit strategy, you can never maximize the deal. Getting deals aren’t easy! So when you do get one, you have to make sure you maximize it to its best use.
The first evaluation I will run is the house flip. How much profit will I make if I choose to flip this house? We will then blast it to our buyers list to see how much we can make if we were to wholesale the property. If the house flip makes 2x or more of the wholesale fee, then we will flip it. If its less then we will take the wholesale fee. It’s just not worth it at that point to flip it with the risk when we can take the quick risk free profit.
The next evaluation we will do is does this make sense as a rental? We will compare how much we make as a flip, wholesale, and then how much cash flow we could make as a rental.
Here is the thing with rentals. In most places it just doesn’t make sense and you can’t cash flow. In Las Vegas where I’m at, I almost never keep a home as a rental. They just never cash flow and the profit we can make flipping is really good. But if you’re in the midwest or somewhere there is good cash flow, then you need to seriously evaluate whether to keep or flip.
If it came down to making $400 a month in cashflow or $13,000 on the flip, I’m going to take the cash flow. So you need to look at all those things.
The other thing to take into account is your money situation. If you have very limited money, you may not have the choice. You have to wholesale or flip the home. Keeping your business alive is far more important than squeezing everything you can out of a deal. So money will always play a factor on what you do with a deal.
There are more complex ways to look at this such as Internal Rate of Return or Cash on Cash Return. But for most people watching this channel, the factors I explained are going to be the most important.
![How I Turned $10,500 into $210,000 at 19 (in 90 days) [Beginner Real Estate]](http://i.ytimg.com/vi/fnFWKmDGGUU/mqdefault.jpg)
Always dropping great nuggets boo 👌🏼
Love you!
You guys are beautiful together hopefully me and my girl can work things out and start flipping too. Very inspirational
I just found you today and WOW! You’re great. To and for me you blow ol’ Gram Stephan out of the water. I was scared about 2/3rds of the way through this one you were going to blow over buy and hold rentals. The market I’m in (which I understand you’re not), Syracuse NY I believe is made for that. My last house I bought for 35k cash. All in after fixing it up I’m at $53307... I rented it for $1200 a month and my ARV is very conservative between 80-90k..(house on my block very comparative just listed for 150k). I’m sure I could flip it and make a good chunk of change. But I don’t need to. Our market is sky rocketing and I believe by holding and renting I’ll make great cash flow now and still be able to sell when/if I want and get the big check! Thank you for doing what you do.. videos are great and I’ve learned so much already from you. Love how humble you are in the videos.
Hey one of my best friends husband is doing flipping/ hold in your city, now I think they have 10 + house. And good income !
dude your content is amazing man. so stoked to have met you this year at Real Estate Disruptors. you're going to blow up. but you already know this! 👏👏👏
If you make a BRRRR video, can you talk about the seasoning period as well?
Sounds good!
I like the way you determine whether to flip, wholesale, or hold.
Thanks!
Pretty much the most real RE youtuber out there
Love your show brother! Second video I ever watch and im already a fan your content quality is amazing brother so keep it up it will pay off soon!
thank you for this video, genuinely appreciate your content, keep it going !
Do a vid on how your business looks and who does what in your business
Another solid video Mr Pineda.
This is a great video. Killing the game🙌🏼
Why does this video only have 7-8k views?!? This is a gem!!!!!
Where property is makes a big difference too, thanks for info.. I really now question doin much in California
I'm making a move now that I'm super nervous about that I wasn't planning on doing. I'm purchasing a house that will come with a long term tenant. I have always said I don't want to be a long term land lord but the tenant is paying enough rent to want to keep them for awhile. Hopefully all goes good because I would like to add some long term rentals to my portfolio.
How's it going? That's what I want to do eventually.
Using a lot of your information man! Wish I could be a part of your team! But! I'm absorbing your knowledge and doing it on my own! I've been studying months on real estate and I'm very excited with all this info! Thanks brotha!
This is great advice!! 🙏🔥
Thats a really good break down of all of it
Nothing but GEMS on this video!
Just landed on your channel from the couch flipping and already watched 4 more bangers 💪 look forward to learning much more 🙌
*Excellent Content*
Your business is on solid ground
I love watching videos on RE
Each investor, works at different price points
Your business model works for your comfortable flipping level
Other investors work with much higher financial margins
Their methods are very different
Decision are based on different outcomes
Such as a 1031 upgrade property deal
Nice video
I like the cash options of immediate verses long term
To the point and great info!
Glad it was helpful!
Really great video Ryan!
Not noti gang but I’m still here for the video
New LV Realtor here. Great stuff! Thx
M
Great information mate thank you
do the BRRRR video.
explain about going to the right lender. (not big name banks, seasoning period, all the small details everyone dont mention, please)
Great ! Video
Really helpful 👌
Great content!!
Thanks
Dang nice tips...gotta stay fluid 👍
Yup
Thanks brother! 👊😎
You talked about taking the quick cash profit if it’s there, but what about the passive income that rentals provide long term? To some that is worth more than the quick cash profit.
We talk about what makes it worthwhile as a rental in the video.
Fellow buy and hold investor here, can you go over the process getting these properties using HML or PM and how the draws work what to expect. I've only purchased my properties that need cosmetic fix ups and have great cash flow, I'm ready to move on to better multi family deals and use HML but wanna know your perspective and how the process is.
This is a good one!
Great info... please explain the BUR strategy...thx
I would like a video to talk more about the BRRRR strategy 🙂
For sure!
If you decide to wholesale, you still have to find a buyer, if you do decide to go with the wholesale?
Please tell us your opinion which skip tracing company you would recommend please!!!
Batch Skip Tracing, promo code HOMERUN
How do you know if you should start doing this in your area? Like how do I know if this is a good place to start a business like this
Amazing content!! What are your thoughts on real estate in Miami?
Hello, the course is online or you have some office?
How many rentals do you have?
what do you consider a good cap rate?
Hi I was wondering if buying property in san diego lemon grove area where I have extra land in the property to make 2 tiny houses in the back, airbnb and rent them out to be able to pay less on my mortgage or the goal is for it to pay itself completely... just being hearing a lot of bad things about buying in cali since its so expensive... please help
Let see the brrrr video soon!
For sure!
BRRRR VIDEO PLZ!!!!!!!!!!!!!!!!!!!!!!!!
BRRRR video is a must. Can you make clear distinctions between the differences of your version vs the bigger pockets version (if applicable)? Also, can you do a comparison of a BRRRR in Las Vegas vs a Midwest property (if that makes sense)? Greetings from Iowa
BRR please. What is it? :-)
Buy, repair, rent, refinance, and repit
When you first started did you ever do the renovations yourself. If you could do a video with self vs gc that would be awesome.
Nope! I’ve never fixed anything in a house!
@@RyanPineda how do you get good contractors? Also how do you know what to fix up in terms of maximizing profits
Do a video on the brrrr
BRRRR
BUY REPAIR RENT REFINANCE REPEAT
Yes do burrr
I saw an AD before this video saying wholesaling is bad and doesn’t get you money. Is this true?
Brrrrrrr
do not do a BRRRR video. name it something of your own. like Meet Kevin's "Wedge Deal" I know you cut your teeth with bigger pockets so maybe do a shout out for them, but definitely brand it.
Intro and music sucks
You talking too fast. Cant listen to you as a podcast…
Amazing content!! What are your thoughts on real estate in Miami?