Reaping wealth in real estate

There are several strategies used in real estate to generate a profit but only 1 strategy will create wealth.

Wholesaling is a strategy that will create " CASH NOW" and you can wholesale without ever using any of your own money or credit. However wholesaling will never create wealth but will generate a nice profit for today. Truth is you will need to keep on wholesaling to keep on getting paid.

Flipping properties or BUY, FIX AND FLIP is also a " CASH NOW" strategy. You will have to use your own money or private money to purchase and rehab properties. Though this strategy will generate a nice profit if done right it will never create long term wealth.You will need to keep on flipping to keep making money.

Only BUY AND HOLD strategy will generate wealth. This is a strategy where you buy a property, often times using a bank loan, and then rent it out. This strategy will enable you top not only generate a cash flow each month but you will create wealth as you build up equity in the property. Let's say you take out a 30 year loan with a bank, if you rent the property for those 30 years your tenant will be paying rent which will be paying your mortgage. After 30 years the loan is paid off with your tenants rent payments and you have a property that you own free and clear of any loans. This is wealth building!

Wholesaling is a great strategy to use to generate cash to pay off debt and rebuild credit so that you can eventually buy and hold and build wealth. But dont make wholesaling your only strategy as your end goal should be building wealth in real estate