Blog

Flipping Versus Renting Real Estate

Jun 2, 2023 | Uncategorized

Share The Post :
When you make an investment in Phoenix 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 Phoenix 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 (480) 360-4734 or email us at info@clutchhomes.com so we can provide you with a Fair Cash Offer on your Phoenix house.

Want To Get A Cash Offer On Your Phoenix 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 Clutch Homes 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 Clutch Homes 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

  • John P.

    I inherited this property and wanted an easy sale where I did not have to clean out the inside of the home and Clutch Homes helped me sell this fast and hassle free.

  • David D.

    I was looking for an easy, fast, stress free sale and you guys made the process simple. Everyone was very professional and communicated very well throughout the entire process.

  • Denise B.

    Thank you so much for stopping our foreclosure and helping us avoid bankruptcy! The entire team was very helpful and we are super happy you made the process so easy for us.