Wholesaling: Is it a full-time gig?

Wholesaling: Is it a full-time gig?

Los Angeles, CA · Member since 2016 · 11 posts · 3 votes

I've been reading and soaking up as much information as I can on the various channels for business growth, particularly through the BP podcasts, the forums, and Brandon Turner's Book on Rental Property Investing. Maybe my question will be a bit obvious, but I feel the need to ask it anyway. 

Wholesaling property requires a lot of networking, marketing, lead generation, etc. Would you say that this is something that would require more of a full-time commitment? Does anybody do this part-time, and is it possible?

I'm interested in getting into real estate investing, but actually don't want to quit my full-time job (I like it for the most part). Obviously, I'm investigating all of my options (of which there are many!). Perhaps some people have made it work on a part-time basis, but I'm curious if you'd think that's possible overall for most people.

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  • Specialist · Milford, ME · Member since 2016 · 630 posts · 378 votes
    10y

    I think I do it much simpler than most. I have 3 in progress which could be wholesaled but I am rehabbing them. I work at it a couple days a week. I also have over 100 rentals to deal with in those two days as well. I find that most people's strategy is very time consuming. I am in a small town and there are plenty of choices. I spend more time making offers than I do lead generating and networking and marketing combined. Many of my offers aren't accepted but enough are. Then I just list in free sources or with a realtor.

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