Which real estate investing approach is best?

 

Buy and Hold (Rentals)

Pros: add’l income | asset appreciation | leverage | tax advantages

Cons: renters/vacancies | unexpected expenses | mgmt/expenses > income

 

Buy and Sell (Wholesaling)

Pros: generate cash | no credit needed | good for beginners

Cons: not enough buyers & sellers | consistent marketing required

 

Buy, Fix and Sell (Rehabbing)

Pros: bigger checks | no property mgmt | add value to all involved

Who wants to cash a $20K, $25K, $30K check, praise God?!

Cons: need cost control skills | contractor mgmt | sell fast & at right $$$

 

Choose an approach that supports your WHY!