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!