Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

3,421
Posts
2,952
Votes
Joe S.
#5 Innovative Strategies Contributor
  • Investor
  • San Antonio
2,952
Votes |
3,421
Posts

No money and no experience pay your bills wholesaling.

Joe S.
#5 Innovative Strategies Contributor
  • Investor
  • San Antonio
Posted

No money and no experience pay your bills wholesaling And maybe get rich to boot..

Just to be clear I’m not so sure that is a true statement. To generate leads it typically takes real money. Even the driving for dollar myth takes real gas and unless your Living with your mama you still have bills to pay at the same time. Most of the pay your bills and get rich wholesaling, because I’m broke and then Cheered on by the newbies and folks that never wholesale seems to be the norm. Good leads are harder to come by than people think. I am not railing on wholesalers I am railing on the people that tell folks to wholesale that it’s easy and they never wholesaled themselves. Most successful wholesalers spend real money and real work to get traction. I realize there are a couple of people that will swear that is not the case and then try to stick you with thousands of dollars to help you with your SEO for free.🧐 

  • Joe S.
  • Most Popular Reply

    User Stats

    229
    Posts
    229
    Votes
    Duncan Hayes
    • Investor
    • Austin, TX
    229
    Votes |
    229
    Posts
    Duncan Hayes
    • Investor
    • Austin, TX
    Replied

    @Nick C.

    Well I guess I'm a 1%er then. Ive literally put $0 on the table ever and I've wholesaled in multiple states across the country. Not JV's either.

    Finding quality leads isn’t as hard as people think. It’s not easy. But, it is simple. I dont purchase leads. Ever.

    The one thing people need to realize is they need sales skills. People skills. Communication skills. These skills can turn “bad” leads into perfect leads.

    For example: I had a friend trying to lock up a deal. After so long he passed on the lead and it eventually came to me. I spoke to the woman, and recorded the call. Sent the call to my friend, he said it was a night and day difference from his call with her to mine. Not saying he doesn’t have people skills, but he wasn’t able to turn that conversation into a deal.

    Of course the property and situation matters, but overall I’ve found that what really matters is the interaction you have with these distressed sellers.

    Loading replies...