Is wholesaling a waste of my time?? Where can I begin?

[Bonita Woodbury]

I'm a new investor and am using wholesaling as a strategy to build capital so that I can eventually scale to buy and holds. I felt very confident about this plan until actually working deals. Wholesaling is very time consuming, and the return on my investment of time and effort is not always guaranteed or worth it in my opinion. What other strategies would you recommend when getting started in investing with minimal capital outside of wholesaling  (by minimal I mean about $60K of my own money). OR - should I stay the course with wholesaling, keep trading my time for dollars for a while, and learn as much as I can before making riskier investments? 

[Jay Hinrichs]

From my perspective and what I see in the wholesale realm  those that do pretty good at it have a fairly large cash burn rate for marketing.

So you risk your capital and it does not bear fruit can you afford to do that. ?

Also were i see wholesalers do most of their work is in low value very rough properties. So if the market your working does not have a lot of those.

it can be tough.

as oppossed to what others suggest  houses hack a nice 1 to 4 unit live there and you will succeed with out risking your cash and having to start all over.