How do fix and flippers grow wealth?

[Bill Goodland]

Now before and the buy and hold people come in and tell me how that is the only way to gain true wealth, semi-passive income, and reap all the tax benefits, thank you but I know that already. Now, for the fix and flippers, I am curious what you do with your flips profits once you have successfully scaled your business?

I have heard many flippers on the podcasts saying that they eventually start holding some of their flips, but what if your market's rent to value ratios don't make sense for buy and hold? It seems to me that the quickest way to scale a business and make the best return on your capital(once you are educated and have a large nest egg to invest) is to begin flipping or BRRRRing properties if renting making sense. My question is for people in say the southern California area that flip, do you buy out of state turnkey to grow your passive income streams, invest in syndication deals, look for boots on the ground to buy rentals out of state, index funds, or just plan to fix and flip until you can't anymore?