A short YouTube excerpt (by Nick Perry) presenting a brief dialogue about real estate strategies. Speaker A advocates buy-and-hold ownership as the primary path to long-term wealth (likening property to a milking cow), while Speaker B counters that newcomers seeking their first six figures may prefer faster tactics such as wholesaling or flipping.
I don't buy and sell real estate. When I buy a piece of property, I buy it and I keep it. I don't flip, I don't sell. The opportunities for making money in real estate is on the long hold. It is not on the short flip. I buy a piece of property, I'm keeping it. I am milking that thing like a cow. Cow dies, you lose the milk. Property is sold, you lose the money. Buy and keep it. I can't stress that enough.
You don't need to own a property to make a million dollars through real estate. If you want to build generational wealth and make billions, then yeah, buying and holding is a phenomen strategy. But if you haven't made your first six figures, just get into wholesaling or flipping.
