FF 67 – 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

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Links from the Episode

Check out the FREE Collecting Keys “Sub To Transactions” Master Class!

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Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/

Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/resources/

If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!

Collecting Keys Podcast Resources:

https://collectingkeys.com/

https://www.instagram.com/collectingkeyspodcast/

https://www.instantinvestorprogram.com/

https://www.instagram.com/mike_invests/

https://www.instagram.com/investormandan/

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