Can I become a millionaire as a wholesaler?

[Account Closed]

How realistic is it to met 1 million a year as a wholesaler?  I was listening to a wholesaling podcast and the guy said he makes  six figures a month. Sorry if this is  a non-PC question lol, the reason I'm asking is because I' want to raise capital for another real estate venture that I hope to pursue in the future !  Thank you to anyone who answers, I patiently await your responses :)

[Aaron Mazzrillo]

Lots of BS artists out there flaunting inflated numbers. I could tell you I make six figures a month too. Heck, anyone can 'say' they make six figures a month. However, the only thing that counts is how much I burn and if I'm burning six figures a month as well, then I'm putting zero figures in the bank which is probably what Mr. podcast is really doing, if anything at all other than trying to get you to send him five figures for his BS coaching program so he can pay his mortgage and leases on his German import automobiles.

Can you make $1M/year? Yeah. I have personal friends who did $10M on one transaction. Is it likely you will do that? Probably not, but I'm not you, I don't know you and I have no idea what drives you.

Can you become a millionaire as a wholesaler (generally speaking)? Yeah, but it will be a little challenging doing it only with wholesaling. I suggest keeping a few along the way. It will help your highly taxable situation (earned income) and rentals give you a place to park cash other than the local lender. Plus, they are a great place to hedge inflation and you may, just maybe, might get a little kick to your net worth in appreciation. Then, when you're banking 5 figures a month in rent and you don't feel like wholesaling that month, you don't have to. Because, wholesaling is a job, just like bagging groceries. If you don't show up to bag the groceries, you don't get a pay check for that day.