Fix and flips vs. motel investing. Which would you choose? What if we told you that one could make you over a quarter of a million dollars every year, while the other only puts thirty thousand in your pocket once? Seems like an obvious choice, right? If you think investing is easy, think again. Jamil Damji and Pace Morby are about to turn your expectations on their head, as almost every real estate deal has more to it than meets the eye.
We’re back with another episode of “Buy This, Not That,” where we're taking real estate deals from all across the country and putting them head-to-head to see which is worth investing in. This time, we’ve got two completely different deals to debate. One is a motel-conversion in a small town boasting an almost unbelievable yearly income. The other is a cut-and-dry house flip that could net you some EASY profits. We don’t know which one you’d choose, but we do know Jamil and Pace's pick!
Which property seems like a better deal to you? Would you rather take the motel, with its long-term income and all the tax benefits that come with it, or would you save yourself the time, money, and stress and go with the snowbird fix and flip? Let us know in the comments below!
00:00 Buy This, NOT That 01:08 Money-Making Motel in a Small Town 05:27 Snowbird Flip in Sun City 09:48 Which Deal Wins?
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By: BiggerPockets Title: EASY Fix and Flip vs. CHEAP Motel | Buy This, Not That Sourced From: www.youtube.com/watch?v=MiOyDoC2hDo
