Am brand new in this “game” currently i own a rental property and have another under contract with at least 30% equity from a motivated seller. should i flip it or rent it? My goal was to start of with rentals. My dilemma is now i have two other properties that i could get at about half their market value. One is in small town and the other in the city but not so good neighborhood. My real estate agent tells me, he has been getting call from people who want to rent (city property). How do i determine how long it would take me to sell them if i flip them. Should i stick to rental property for now or do both? Am based in Oklahoma city.
Thanks in advance.
manCub