Investor · Queens, NY · Member since 2016 · 327 posts · 152 votes
Good morning BP,
So I am 26, and got into real estate through wholesaling properties, and have built a 7 figure wholesaling business … BUT I want to start keeping everything for myself.
I already have 25 units but I realize I have wholesaled so many great opportunities long term.
I would love to buy and hold all of these off market properties I am finding, but I am trying to figure out a business model where I can buy and hold all of these properties and still make enough income/cashflow to live and operate
First off, congratulations on the huge success so far! I'd say that since you've already achieved success and developed a strategy towards your wholesaling business, why not keep doing that to generate the income you need to live and to also fund long term purchases. From that standpoint, it would be as simple as defining your buy-criteria for wholesaling, and your buy-criteria for long term holds. Don't need to give up what you've already done so well in just for the purpose of long term holding, there can be a balance and potentially a synergistic balance I'd say.