Most real estate investors these days seem to prefer flipping properties vs. buying and holding.
Auction.com, an online real estate marketplace, analyzed the intent of investors bidding on homes at auction in the fourth quarter of 2014 … and found that more than 50% of the people it polled planned to flip the homes for a profit.
How many planned to rent the homes out instead? Just over 47%.
But of course, all real estate is local, right? So responses varied based on where the investors were buying.
For example, 70.3% of the bidders