Blog

Flipping Versus Renting Real Estate

Sep 27, 2024 | Uncategorized

Share The Post :
When you make an investment in Austin real estate, it’s important to consider your options for turning a profit. It might be best to rent out the property to cover your mortgage and build equity. Or, you could fix up the home and flip it so that you can sell it quickly for a larger amount than you invested. Both are appealing options, so here are some important factors to consider before making your decision.

When to Flip

If you are thinking about flipping a house, you will need to have enough capital to invest in the property, so you can make the required improvements and repairs. Flipping a house can be tricky, so you also will want to have enough experience to know what you are doing. Do your research so you’ll know what renovations will have the most impact on the value of your Austin real estate.

You will also need to know if the market in the area will support your new price point. Buying and flipping a house in a depressed housing market will not be easy. You will want to do the flip in a very buyer-friendly community for your best chances of a high return.

When to Rent

Flipping a house gives you quick cash, but renting it out instead gives you a monthly cash flow and a larger long-term profit as the property appreciates over time. If you don’t mind being a landlord and you have the time to screen for reliable renters, then renting out the property might be a better option for you.

This option also means that you will have the home later on in case you want to live in it. Of course, don’t forget to factor in additional upkeep costs, such as repairs, utilities and property taxes. Whether you rent out or flip your investment property will depend on whether you are interested in a long-term investment or a short-term project.

If you are considering selling your home, be sure to contact us at (512) 549-2332 or email us at info@simplified-rei.com so we can provide you with a Fair Cash Offer on your Austin house.

Want To Get A Cash Offer On Your Austin house?

Please fill out the quick form below, and we will be in touch with you shortly!

  • By submitting this form and signing up for texts, you consent to receive email marketing and text messages from Sell Your House Simply at the number provided, including messages sent by autodialer. Consent is not a condition of purchase. Msg & data rates may apply. Unsubscribe at any time by replying STOP or clicking the unsubscribe link (where available)
  • This field is for validation purposes and should be left unchanged.

Listing vs. Selling To Us

Which route is quicker?
Puts more cash in your pocket?
Has less hassle?

See The Difference Here

Get a Cash Offer Now

Submit your info below, and we'll get in touch right away to discuss your offer

  • By submitting this form and signing up for texts, you consent to receive email marketing and text messages from Sell Your House Simply at the number provided, including messages sent by autodialer. Consent is not a condition of purchase. Msg & data rates may apply. Unsubscribe at any time by replying STOP or clicking the unsubscribe link (where available)
  • This field is for validation purposes and should be left unchanged.

Recent Testimonial

  • Mark S.

    Working with William was super easy - They bought our house quickly and we got to set our closing date, with no fees!

  • Jack & Pam

    Working with William couldn't have been easier. They made a tough decision easy and I'm glad we found them!

  • Sarah C.

    “… I didn’t know what to do.” When I got a notice of foreclosure, I didn’t know what to do. William explained the process of foreclosure and how they could help and I was surprised to learn what my options were. They worked with me, and my bank, and were ultimately were able to avoid my foreclosure.