At a dead-end road in real estate/wholesale

[Randall E Collins]

The saying goes and it's true, one has to spend money to make money. But when one has no money to invest, how is one supposed to spend it? Another is the definition of insanity is doing the same thing over and over and expect different results. I've been attempting wholesaling for nearly one year, you guessed it, I've not made any money to speak of. So, I must be insane. I spend day and night looking for that big break (deal), the only break I've gotten is my bank account and credit score. I know what you're thinking, I must be doing something wrong and should try a different approach right? Honestly, I've learned a lot about real estate and wholesaling. I think I know what I'm doing by now and I'm doing nothing wrong. I'm disabled living on a small fixed income. I'm unable to work a regular job, all I can do is sit in front of my computer all day. So, my question for all high rollers out there, what am I supposed to do? I'm ready to just quit and be content with being broke the rest of my life. Any other suggestions?

[Jay Hinrichs]

Originally posted by @Randall E Collins:

Thank you everyone for your reply. I will clarify my post somewhat. I say I'm disabled, I am an ex-machine mechanic, plumber and electrician. I have severe COPD which means I can no longer do those things without running short of breath. And I have back trouble. I'm not totally disabled, just insane. Most all of my so-called marketing has been online with different websites I've came across. And placing phone calls/emails thereafter with sellers and buyers. Any other marketing requires money that I simply cannot afford. Thanks for your suggestion Jay however, buying tax deeds also requires money upfront. Trust me, I've spent countless hours searching for some other online gig and have found most to be a scam of some sort. In fact I recently was able to avoid an attempted online scam by a so-called buyer with a spoofed email. In short form, back to page one. Any other suggestions?

Yes ,   Transaction coordinator for a real estate agent / agents.. my wife pays 400.00 per file to her TC. this is a job that is done at home and on the computer very little phone work.. as long as your proficient in what is required on real estate documents / contracts.  This can be easily learned ..  I suspect my wifes TC makes well over 100k a year from her home office and she is worth every penny to the high producing agent.. Lori / my wife closed about 50 transactions last year and does around 25 to 50 for the last 30 years.. So JUST HER created 20k in income to Wendy ( her TC) Wendy has numerous clients like Lori.. so there you go.. start talking to agents and offering your services start by giving a big bargain deal to them then move your fee's up with your quality of work and experience.

sure beats most of those who think wholesaling is the answer.