It’s easy to get obsessed with chasing deals, but are you actually building real wealth in your real estate business? Gain insights on balancing short-term profits with long-term growth as we debate what it really means to be “wealthy” versus “rich,” especially as a real estate investor.

This episode dives into the challenges of scaling a small business while maintaining profitability, how the buy and hold strategy may be holding you back, and the impact of equity versus liquidity. We also discuss Mike’s decision to sell his rental properties, and Dylan’s struggle to make a new hire and scale to the next level.

Don’t miss this week’s conversation on wealth-building real estate investment strategies!

Topics discussed:

• Why Dylan struggles to hire an acquisition manager
• The common mistake investors make with their first hire
• Balancing scale and profitability in small business
• Financial independence: the rich versus wealthy debate
• Short-term versus long-term wealth-building investment strategies
• Building wealth through business versus real estate
• Why Mike plans to sell all his rental properties
• Real estate as a lucrative small business
• Managing resources and making smart investment decisions

Connect with Dylan Koch:

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https://twitter.com/DylanKoch2

https://www.facebook.com/dylan.koch.5