Vanguard Realty Associates

Vanguard Realty Associates


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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THANK YOU for all you guys did to help us find a home and go thru a smooth settlement. We appreciate the time and patience that you showed us as well as the individualized attention. Thank you for making this all possible for us. If we ever know anyone that is trying to find a home we will gladly recommend you. You guys are the best! Search for a home today

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