Comparing the Quick House Flip vs. a Buy and Hold Property
To flip a house or buy and hold; that is the question. And unfortunately, investors face various challenges when deciding which is better for them. There isn't a clear-cut answer. Instead, choosing one method over the other should be part of a well-structured investment plan tailor-made to meet individual investment desires. Brad Ransome says that pursuing either strategy has advantages and disadvantages that work for some investors and not others. After all, no two investors are made equal. Flip for Active Income or Hold for Passive Income The main distinction between flipping and holding is a quick return on investment, or holding out for a possible larger return, years later. Passive income is earned through investments that make money without extra input from the investor. For example, through receiving rental income or stocks and bonds. On the other hand, investors earn active income in exchange for work, such as house flipping. Even if they don't do the physica...