Collecting Keys - Real Estate Investing Podcast EP 221 - Should You Wholesale, Flip or Hold Your Next Deal?
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EP 221 - Should you wholesale, flip or hold your next deal?
Dan is taking over this Friday Focus episode to answer this listener question: How do you determine whether you’re going to flip, keep or wholesale a property?
In this episode, you’ll hear multiple examples of how Dan and Mike approach their decision-making process, including keeping their pipeline and lead flow the first priority. Dan shares how he and Mike assess a property and strive to increase their ROI, as well as the exit strategies they avoid.
Dan also goes over the importance of having a massive income mindset, taking inventory of your resources to weigh your options, and whether it’s a good idea to “go out of your buy box.”
Tune in for advice on when you should wholesale, flip or hold your next deal - and not lose money!
Have another question you’d like answered in an upcoming episode? Message @InvestorManDan on Instagram!
Topics discussed in this episode:
- The dos and don’ts of deciding a property’s fate
- Capital versus cash flow
- Mistakes to avoid when you’re a newbie
- How Dan and Mike evaluate their properties
- A recent deal where they got creative to increase ROI
If you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/store
Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/free
If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!
Collecting Keys Podcast Resources:
http://www.collectingkeyspodcast.com
https://www.instagram.com/collectingkeyspodcast
http://www.instantinvestorprogram.com
https://www.instagram.com/mike_invests
https://www.instagram.com/investormandan
This episode was produced by Podcast Boutique https://www.podcastboutique.com