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Updated almost 5 years ago on . Most recent reply

Desman Donaldson's profile image
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Desman Donaldson
  • Rental Property Investor
  • from Chicago, IL
  • Member since Dec 20, 2019
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Desman Donaldson's profile image
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Desman Donaldson
  • Rental Property Investor
  • from Chicago, IL
  • Member since Dec 20, 2019
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Desman Donaldson
  • Rental Property Investor
  • Chicago, IL
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Innovative Strategies

Wholesaling Vs. Rental Units

Desman Donaldson
  • Rental Property Investor
  • Chicago, IL
Posted

I wanna get into real estate but, I’m undecided weather to whole or have rental units for my first property. Can you guy or gals help give me some insight???

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Don Konipol
#1 Innovative Strategies Contributor
  • Lender
  • The Woodlands, TX
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Don Konipol
#1 Innovative Strategies Contributor
  • Lender
  • The Woodlands, TX
Replied

@Desman Donaldson, you can't compare the two.  Wholesaling is a BUSINESS, just like being a real estate broker/agent, a mortgage broker, etc.  Purchasing a rental property is an INVESTMENT, with the potential for passive income, tax write-offs, appreciation, and leverage.  

  • Don Konipol
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