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Should you be wholesaling houses for short term gains or buying to hold rental properties? A little tricky but watch.
I know what you are thinking again.
“Ola, but this is not sprint, this is a marathon.”
Let me explain to you.
If your goal is not to create momentum and speed in the name of just long term play, you have no business being an entrepreneur in any capacity. When you don’t set goals and expect expectations with respect to productivity, you will end up running a charity business from the discomfort of your own home. Do not deceive yourself with that long-term residual stuff.
It’s completely out of context when it comes to being an entrepreneur.
Fast start bonus earnings and engaging in challenges creates momentum and a business with no momentum is a dead business.
QUESTIONS - "Hi OLA. My original attempt at the real estate investing business is wholesaling houses.
However in recent times, I’ve been hearing a lot more about buying and holding rental properties.
It’s starting to make sense to me but I wanted to know if you could shed some light on it because I know you also got started wholesaling houses.
Should I wholesale houses or just focus on rental income?”
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ABOUT YOUR HOST ::::|
Ola "Tux" Abitogun is the Creator of myEmpirePRO. He became a FULL TIME entrepreneur in October 2006.
He is a computer engineer and an engineering management graduate from New Jersey Institute of Technology; (NJIT) class of 2004/5. He was born in Dallas Texas and raised in Nigeria by his Nigerian parents. He considers himself a proud Nigerian American.
Today, he is a marketing addict, trainer, marketing and business consultant, real estate investor and all around serial entrepreneur. Most importantly, he is husband and father to their 2 Boys. The professional work he is mostly proud of is personally helping 1,000+ entrepreneurs around the world reach greater heights in their careers.
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