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All Forum Posts by: Taqui Davis

Taqui Davis has started 1 posts and replied 2 times.

The Real Estate Bridge Builder

Imagine you’re a bridge builder. Each deal you close as a wholesaler is a plank that helps you construct a bridge toward greater investment opportunities.

  • Wholesaling: The initial planks. You’re laying down the groundwork, making connections, learning the market, and generating capital. Just like a bridge builder starts by carefully placing the first few planks, you’re setting the foundation for your investment journey.
  • Fixing and Flipping: As the bridge extends, you gain confidence and resources. You start to take on more significant projects, renovating and flipping properties for higher returns. This phase requires more skill and investment, akin to adding stronger, more substantial planks to your bridge.
  • Buying and Holding: Finally, your bridge reaches the other side. You have established a stable income stream and solid understanding of the market. You begin to acquire properties to hold for the long term, creating a steady flow of passive income. This is like completing the bridge, providing a reliable path to sustained financial success.

My wholesaling business is doing well. My fiancée and I are consistently working in two markets. We primarily handle land deals virtually but have recently started marketing houses locally. I see wholesaling as a stepping stone to fixing and flipping, then buying and holding. By being transparent and professionally addressing the needs of both our investors and sellers, I believe wholesaling can be very lucrative.

I get why wholesalers sometimes have a bad reputation, but that’s often because people don’t give them a fair chance or value them properly. Many haven’t met the right wholesaler for their needs. If finding the right wholesaler were as easy as picking an apple from a tree, everyone would have one. Having a good wholesaler is essential.

As we expand into other ventures, I will continue to work with wholesalers, recognizing their crucial role in the real estate industry.

PS. Every business is scalable if the person running it is knowledgeable and proactive.