New Member With A Unique Value Add | Lets Chat

[David Wolf]

Hello Bigger Pockets, 

This is my first post (which is why it is here!). I love this forum. Plan on meeting some great people here. I will get to where I might add value to the experience members in the forum.  While I am only on my 3rd flip as the investor with more experience partner doing the work, I am keen on getting into the fray and taking an active roll in scaling this process. Here are a few of places I plan on adding value to make it enticing for experienced investors to strike up a conversation and allow me to pick their brains. 

Immediate Value: I own several Ecommerce stores the resale popular brands in high volume as well as import our own brands directly from China. These includes housewares such as towels and linens as well as furniture. I have not been responsible for the selling of our currrent properties, but Intend to change that and see what kind of effect offering something like a closing bonus of $10,000 gift card would have on selling properties at higher margin or (at least as negotiating tool).  My margins in this area are significantly higher than rehab investment costs so If I can spend 4K in product to get 10K more in value then I great. 

As an experience importer I am also beginning to look at importing raw materials such as finishing fixtures, cabinets, tile, etc. We have a line of Barn Door Hardware that sell really well.  I just read a forum post about someone becoming a distributor for windows and similar products and he has been able to gain substantial cost savings. We won't be at scale for importing construction products unless we are doing a lot more volume than currently doing so I am interested in reaching out to other investors doing volume to subsidize our own and begin importing containers of common builder spec materials. P.S. when you here the word "China", don't get scared. We are experience imports and know what steps need to be taking to separate great factories from bad ones.

Second are of value: We also run an internet marketing firm, it's how we got into owning ecommerce stores, and ecommerce stores is how we got into importing. I plan on using my experience in this are to develop some strong lead funnels for great deals. If anyone using other channels or doing this process online already in a non-competing area that is willing to discuss share their model, please reach out. I would happily pay some solid commissions on every deal or do a JV to skip the learning curve and re-implement what already works. I don't need money, just people to work with that have already taken most of the arrows on the way through the wall. We have plenty of money to buy as long as the deals are solid.

I am looking forward to networking with some of the great people on Bigger Pockets. I am in the Orlando, FL area. I hope this post isn't consider spammy. When I decide to commit to a new community I try to take the time to draw my starting line in public so others can hold me accountable to see if these things are ever implemented.