Ep105: Flipping Vs Buy and Hold

<p><span style="font-weight: 400;">In today’s episode, we’ll be running the numbers on flipping, buying, and holding. Make sure to listen to learn the pros and cons of each real estate niche and how you can genuinely build wealth.</span></p> <p><strong>Key takeaways to listen for</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Assets that are considered buy and hold</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">How income tax works?</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Flipping vs Buy and Hold: Costs, net profit, and earnings</span></li> </ul> <p> </p> <p><strong>Resources mentioned in this episode</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Rich Dad Poor Dad by Robert Kiyosaki |</span> <a href="https://amzn.to/352esmG"><span style= "font-weight: 400;">Paperback</span></a> <span style= "font-weight: 400;">&</span> <a href= "https://amzn.to/3qtSZdM"><span style= "font-weight: 400;">Audiobook</span></a></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Landlording on AutoPilot by Mike Butler |</span> <a href="https://amzn.to/3D5fieZ"><span style= "font-weight: 400;">Paperback</span></a> <span style= "font-weight: 400;">&</span> <a href= "https://amzn.to/3Js6d2h"><span style= "font-weight: 400;">Audiobook</span></a></li> <li><strong><a href= "https://www.mikebutler.com/PowerLunch"><span style= "font-weight: 400;">Power Lunches: Free Investor Training</span></a></strong></li> </ul> <p> </p> <p><strong>Connect With Us</strong></p> <p>To learn how to consistently buy real estate working just 5 hours a week, click <a href= "https://www.mikebutler.com/Podcast50HousesRegister">here</a>.</p> <p><strong>Follow Mike on Social Media</strong></p> <ul> <li aria-level="1">Facebook: <a href= "https://www.facebook.com/MikeButlerMentor">Mike Butler</a></li> <li aria-level="1">LinkedIn: <a href= "https://ww