Wednesday, April 22, 2015

Flipping House Edges Out Renting

Flipping House Edges Out Renting
Price Jumps Leading to More Flips: More investors are flipping properties again, a trend that started last year and is building momentum across the country, according to First Quarter 2015 Real Estate Investor Activity Report. Investors lately are showing more interest in purchasing a home to flip than renting it out. In fact there was a 6.5 percent quarter-over-quarter increase in favor of flipping in the first quarter of 2015.
"It seems clear that the unusually low inventory of homes for sale has led to higher home prices, which makes it challenging for investors to rent homes out at a rate that’s profitable, and still affordable for tenants, Read more.

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