There is more to real estate investing than quick flips and rehabs. While these types of deals are currently the norm, they are far from the only way to dabble in real estate. You can still build a long-term portfolio through rental properties, pass along wholesale deals or form a capital partnership. There are literally a half dozen, or more, ways to get started or build a real estate business besides flipping and rehabbing. What many investors fail to grasp is that these types of deals are difficult. For as much potential upside available in rehab deals, if a few things go wrong you will battle just to scratch out a small profit. Rehabs and flips are great in the right situation, but you need to make sure they align with your investing goals. Here are four important items to consider with quick flip and rehab deals.
Rehabbing is a great way to make a profit in real estate, but only if you know exactly what you are doing. You don’t need to be an expert house flipper to be a successful real estate investor. If flipping isn’t for you there are many other ways to build your portfolio.
original post https://www.cthomesllc.com/2018/07/fix-flip-deals-right/