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Vanguard Realty Associates

Vanguard Realty Associates

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Rent, Flip… or Flop?

Filed under Home Buyers, Renovations on Sep 28,2017 | Tagged in: , , , ,

If you’ve ever thought about buying an investment property, you’re not alone. Real estate can be a great way to diversify your existing investment portfolio – if you know what you’re doing.

The two most common investments people consider are buying a property and renting it out, or purchasing a property that needs work, renovating it and then flipping it back onto the market for resale. Both approaches offer benefits and potential drawbacks. Ownership of a rental property can create an income stream, and offer a long-term return on your investment. But it also makes you a landlord responsible for maintenance and tenant issues. The fix-and-flip approach has the potential to give you a bigger bang for your buck in short-term financial gain – but you may also encounter unexpected renovation costs, while shouldering the expense of a mortgage and taxes during the renovation time span. A smart way to get started is to do your homework. These articles from NerdWallet and ZacksFinance can help.

If you decide to move ahead, talk to Vanguard Realty Associates. We’ll help you find a property that meets your goals, and do our best to support you in your new venture!

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Testimonials

"I worked with Donna Brun for the past year to sell my home in Cold Point Manor. The real estate market has not be optimal for sellers. I have to share it was a pleasure to work with Donna. Her commitment and honesty were important to me. She cares about the work she does each day which I find so valuable and refreshing in business today. I would highly recommend Donna Brun to help you with your real estate needs." - Scott Passman

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2350 Butler Pike, Suite 6, Plymouth Meeting, PA 19462 | Phone: 215-542-8381 | Fax: 484-344-5344 | Email: info@vanguardrealtyassociates.com

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