Best stratergy for newbies

[Account Closed]

Hey guys so i recently talked to a very well seasoned and respected investor in the washington DC maryland area about investing and he said he would recommend wholesaling and bird dogging (where its legal) as the best stratergies for newbie investors. he said he wouldn't recommend the buy and hold stratergy for newbies. Any opinions about this?

[Kerry Woods]

It all depends on what your goals are as a investor. I always recommend that newbies start off as bird dogs to learn while you earn then move to wholesaling to pay the bills from there to rehabbing to make money and from rehabbing to buy and hold to create long term wealth. You can go straight into rehabbing and buy and hold but as a new investor I would make sure that I parternered with someone who is successful in the business.