In this episode, Jim and Linda McKissack answer, “Should I flip or hold properties?” They share that they are definitely pro-hold, yet they are not averse to flips.

Jim and Linda discuss the reasons that they have started to flip a little more in the last few years. Then, they explain the difference between earned income and passive income and what it takes to build wealth.

Linda also says it’s important to ask yourself these questions when considering whether to flip or hold: Where are you in your real estate journey? What are you doing to put away money for buying properties to hold? Do you need to flip a few on the front end because you need extra cash and buy more?

Finally, they share the reasons you would want to hold properties.

Built to SKALE is hosted by Preston McKissack, who's family built a solid team they sold for seven figures, and Andy Fenstermaker who (along with Pres) runs SKALE for Teams, a platform that helps team leaders and owners grow their businesses effectively while saving time.

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