Deciding between flipping vs renting real estate comes down to your goals, lifestyle, and preferences. Flipping is a riskier investment strategy and certainly not for the faint of heart. It takes time and energy finding, prepping, and selling properties, and it also takes time to learn the ins and outs of your local market.
Most people feel more comfortable starting with rental investments. They require less immediate capital and the holding period is longer, which provides more time for renovation work and improvements.
There are also fantastic tax benefits for landlords and investors get to take advantage of long-term appreciation on the property. Not to mention, owning multiple rental properties gives investors more leverage to continue investing and building their portfolios.
The bottom line is, rental properties allow you to grow a lucrative, stable portfolio and they’re perfect for investors who want to build wealth with predictable cash flow and appreciation.