EP 236 - Is The Buy and Hold Strategy Making You Poor?

Collecting Keys - Real Estate Investing Podcast

What did you think of todays show??

It’s easy to get obsessed with chasing deals, but are you actually building real wealth in your real estate business? Gain insights on balancing short-term profits with long-term growth as we debate what it really means to be “wealthy” versus “rich,” especially as a real estate investor.

This episode dives into the challenges of scaling a small business while maintaining profitability, how the buy and hold strategy may be holding you back, and the impact of equity versus liquidity. We also discuss Mike’s decision to sell his rental properties, and Dylan’s struggle to make a new hire and scale to the next level.

Don’t miss this week’s conversation on wealth-building real estate investment strategies!

Topics discussed:

Why Dylan struggles to hire an acquisition manager (2:12)

The common mistake investors make with their first hire (4:09)

Balancing scale and profitability in small business (5:59)

Financial independence: the rich versus wealthy debate (8:47)

Short-term versus long-term wealth-building investment strategies (17:37)

Building wealth through business versus real estate (22:23)

Why Mike plans to sell all his rental properties (24:47)

Real estate as a lucrative small business (30:11)

Managing resources and making smart investment decisions (35:28)

Connect with Dylan Koch:

https://www.instagram.com/dylan_does_deals/

https://twitter.com/DylanKoch2

https://www.facebook.com/dylan.koch.5

If you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/
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/free/
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/

https://www.youtube.com/@collectingkeys

This episode was produced by Podcast Boutique https://www.podcastboutique.com

Chapters

1. EP 236 - Is The Buy and Hold Strategy Making You Poor? (00:00:00)

2. Why Dylan struggles to hire an acquisition manager (00:02:12)

3. The common mistake investors make with their first hire (00:04:09)

4. Balancing scale and profitability in small business (00:05:59)

5. Financial independence: the rich versus wealthy debate (00:08:47)

6. Short-term versus long-term wealth-building investment strategies (00:17:37)

7. Building wealth through business versus real estate (00:22:23)

8. Why Mike plans to sell all his rental properties (00:24:47)

9. Real estate as a lucrative small business (00:30:11)

10. anaging resources and making smart investment decisions (00:35:28)