21 min listen
Buy & Hold Investing: Building Wealth Through Passive Income (Methodology)
Buy & Hold Investing: Building Wealth Through Passive Income (Methodology)
ratings:
Length:
23 minutes
Released:
Sep 16, 2020
Format:
Podcast episode
Description
Today, we're discussing the next step in your investment career: Buy & Hold Investing! Buy & hold is the process of acquiring rental properties that generate passive income, and maintaining (landlording) them for an extended time - sometimes into perpetuity. This is a long-term investment play that brings in consistent income that you can leverage into substantial monthly revenue as you acquire more properties. But as we've observed in wholesaling and flipping, there are steps that investors must take in the beginning to ensure the long-term viability and profitability of this investment strategy. Unlike wholesaling and flipping, in buy & hold, having access to your own capital is key as opposed to using OPM (other people's money) as we encourage in wholesaling and flipping. That's because being able to pull the trigger on down payments for properties on your own ensures you can secure the deals faster while keeping all the eventual profits for yourself. But how can you build the capital necessary to make a real run at buy & hold investing? We've already kind of answered that question for you, but tune in today to learn more about how you can build your empire through rental properties!Mentioned in today's episode:PropstreamHere's a link to the article Donny discussed in today's episode:The 15 Most Affordable College Towns For RentersWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!Sign Up For Your Free 7-Day Trial Of Propstream TODAY!Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!https://4clsd.co/fdciTake a virtual tour of one of our most recent Colorado flips:3D Matterport T? Master Foreclosure Investment with DonnyLearn the secrets with the "5 F’s of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.? Enroll Now? Unlock Your Foreclosure Potential with DonnyReady to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.? Schedule Your Call Now? Join the Foreclosure ExpertsStep into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.? Facebook Group? The Ultimate Foreclosure HubEquip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.? Official Website? Network with Donny Coram, The Foreclosure Deals CoachForge connections, share your journey, or simply drop a hello!? LinkedIn? InstagramNote: Some links may be affiliate. Your support keeps us creating quality content.
Released:
Sep 16, 2020
Format:
Podcast episode
Titles in the series (100)
Who's On Your Team? (Methodology) by Foreclosure Deals Coach Podcast