EP 221 – Should You Wholesale, Flip or Hold Your Next Deal?
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SHOW NOTES
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
Listen to the Episode
EPISODE LINKS
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