Consultation - Flip or Rent?

Consultation - Flip or Rent?

Consultation - Flip or Rent?

What do you prefer? A nice flip that makes you 30,000 dollars profit in your pocket, or on the other hand leave the same flip as rentals and get 300 dollars a month after all the expenses for good?
Statistics show that in order to receive about $ 5000 a month in pensions, you have to save about $ 1.5 million and set aside 4 percent monthly - in order to be able to spend $ 60,000 annually - $ 5000. For $ 1.5 million you will have to do 50 flips! On the other hand, you can get exactly the same cash flow by buying just 17 properties, each of which will give you $ 300 cash flow - which scenario would you prefer and which scenarios do you think are more applicable in a reasonable time?

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  • The main thing that flips is work for everything. There is nothing passive about it.
  • 50 flips sounds like something possible to do ... but I would prefer 17 properties to be bequeathed. But an interesting equation…
  • Uriya Kessner is right
    It is immoral towards children to take 1.5 m and burn them. Prefer monthly rental flow
  • I did not understand why to burn money?
    I say I would prefer to accumulate assets because the pension would be the same kind of property, and on my death my children would enjoy the assets I had accumulated throughout my life.
  • Uriya Kessner You missed the word right
  • The "problem" in renting has been the wear and tear over the years that lowers "passive" income, because we know it's not really "passive" income
    On the other hand there really is nothing to bequeath to those in line
  • Hey, Lior, there's one more thing or two: 1 - Your financial situation today, 2-AGE, yeah that's important too, sometimes you get tired and all that SHAH wants is just ,,,,,, to get indecisive, and cash flow always helps. what are you saying?
  • It is better to buy a REIT fund or a dividend stock without having to deal with any bidders
  • You have to do both at the same time
  • Best to do both…
  • both
  • Depending on property. There are flips to leave because they are yield monsters (we talked about that)
  • You all talk about yielding assets as yield creators - but long-term rental yields increase their value by tens of percent and are the ones that generate real wealth
    See how much the house that your grandfather bought at the time is worth
  • That's right, Yossi
  • GRE?
  • So what was decided? What do you prefer? Nice flip that makes you 30,000 dollar profit in your pocket, or leave that same flip as a rental and get 300 dollars a month after all the spending for good?
  • the first one. Good one bird in hand.
  • In my opinion leave it and enjoy what 300 does every month.
  • I always prefer Hold realestate
  • both
  • An interesting dilemma. As with anything, every case and combination is probably the solution. The balanced and safe
  • Depending on if you have the money in advance for 17 properties… or you need flips to get there
  • According to Professor Dan Arieli the right thing is to get some time and breaks every time.
  • Doing both
  • A combination of both
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