The buy and hold strategy is arguably the most common type of real estate investing out there. True to its name, when investing with the buy and hold strategy, you buy…and then hold. That’s it—no flipping houses, wholesaling, wholetailing, or any other type of creative strategy needed. With buy and hold real estate, you simply buy a rental property, keep it maintained, and one day (hopefully) sell it for a sizable profit. But that’s not the only benefit.
If you can master the buy and hold strategy, you’ll have a portfolio of investments paying THEMSELVES off. Yes, that’s right, your wealth will grow on its own IF you do this right. Even if you’re not raking in huge cash flow every month, your tenants will be paying off YOUR mortgage, allowing you to one day sell the property for a sizable profit. And all you needed to do was buy and hold.
But with high mortgage rates and 2024’s challenging housing market, does the buy and hold strategy still work, or is it an outdated investing strategy only for the days of low home prices and equally low interest rates? Chris Clothier, multi-decade investor and co-founder of REI Nation, is here to give his take.
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Why Buy & Hold Is Such a Powerful Investing Strategy:
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Connect with Chris:
Investing Articles: https://www.biggerpockets.com/blog/contributors/chrisclothier?utm_source=youtube&utm_medium=description&utm_campaign=none
BiggerPockets: https://www.biggerpockets.com/users/reination?utm_source=youtube&utm_medium=description&utm_campaign=none
Website: https://www.reination.com/
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Connect with Dave:
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Instagram: @thedatadeli or https://www.instagram.com/thedatadeli/
00:00 The "Buy and Hold" Strategy
01:19 Does Buy and Hold Still Work in 2024?
03:04 Let Time Make You RICH!
06:33 Best Areas to Invest In
08:34 Financing Your Rental Property
10:43 When to Sell?
12:47 Connect with Chris!
Did you miss our previous article...
https://trendinginrealestate.com/where-to-buy/how-to-find-cheap-houses-in-seconds