Real Life Wholesaling

[Katlynn Teague]

Good morning BP,

I have seen a lot of posts about people wanting to get into wholesaling. Here are some things you need to know before starting:

To preface this post, I have been wholesaling full-time for a little over a year now.

1) Wholesaling is a full-time job, you need to be able to dedicate at least 40-60 hours a week to growing your business. This is not a "get-rich-quick" occupation. The best way to describe wholesaling is trying to move a 10,000lb rock, it takes a lot of time and effort that builds and eventually, you start to move. But the second you stop putting in the effort the ball starts rolling backwards. Be ready to have lots of early mornings and late nights of working hard to see success. 

2) You have to stay consistent. This business requires consistency, time block your schedule to stay on track every day. On the days when things get tough,  you feel like you've done everything you can and you're still not seeing results KEEP PUSHING. If this was easy everyone would be doing it. A lot of people are trying but only a handful can actually build a success.

3) Master your phone pitch! You need to sound professional, put together, and trustworthy. The first interaction is so so so important.

4) ABC ALWAYS BE CLOSING! In this industry, everyone is your client. You can run across someone in the grocery store that is looking to sell their grandparent's house ect. 

I could go on, but if you are looking to get into real estate wholesaling and you have questions feel free to message me. I hope this little bit of information helps! 

Happy Investing :)

[David Ramirez]

Well said @Katlynn Teague! 

Wholesaling is a sales and marketing business and Real Estate happens to be the product!