The “Buy & Hold” Strategy with Linda McKissack | PREI 022
Passive Real Estate Investing
Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.
4.6 • 968 Ratings
🗓️ 22 October 2015
⏱️ 45 minutes
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| 0:00.0 | Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term. |
| 0:09.0 | And now here's your host, Mark Marco Santorelli. |
| 0:15.0 | Welcome to passive real estate investing. I'm your host, Marco Santorelli. |
| 0:17.0 | And this is the show where busy people like you |
| 0:20.0 | learn how to build substantial passive income |
| 0:22.0 | while creating wealth for the long term. |
| 0:24.7 | Why is the buy and hold strategy the best? |
| 0:27.8 | Well the buy and hold methodology, as it applies to property, is and always has been the cost for making more millionaires than any other method. |
| 0:35.8 | And the main reason for this is really because it lets you develop equity through appreciation and amortization over a period of time. |
| 0:44.3 | There are numerous short-term techniques like lease options, |
| 0:48.1 | wholesaling and flipping properties that can create some cash, or what I call chunks of cash, but in no way will it improve your long-term net worth. |
| 0:56.6 | I found in my many years of investing experience that purchasing real estate is the most significant |
| 1:02.1 | part of the ownership cycle. |
| 1:04.0 | So it's very important that you buy right. |
| 1:06.5 | Buying the right market, the right location, the right property, the right cash flow. |
| 1:10.6 | You know, these are all things that we help our investors do at Norrada real estate. |
| 1:15.0 | If you're interested in that, talk to one of our investment counselors. |
| 1:18.0 | The selling side of it is pretty straightforward. |
| 1:20.0 | As long as you're in the right market and you have the right market cycle, liquidating |
| 1:26.0 | property is very simple. |
| 1:28.0 | But that is one of my biggest regrets. |
| 1:30.0 | I purchased a property for $40,000 many, many years ago. In fact, it was the first property |
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